VIZI DRINKS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
VIZI DRINKS
NACE 46.349, Wholesale of beverages, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€448,538
2024 · €476,677-€28,139
Equity
€781,600
2024 · €893,062-€111,462
Cash
€541,148
2024 · €515,883+€25,264
Balance sheet total
€5.1m
2024 · €5.7m-€665,313
Largest movements
Assets
- Deferred charges and accrued income -€454,343
no longer reported in 2025 (was €454,343)
- Receivables within one year -€106,416
down €106,416 (-8.4%), from €1.3m to €1.2m
of which Other amounts receivable: -€311,545
- Tangible fixed assets -€79,200
down €79,200 (-4.1%), from €1.9m to €1.8m
of which Land and buildings: -€73,023
Equity and liabilities
- Other debts -€324,258
down €324,258 (-32.6%), from €996,038 to €671,780
- Debts after one year -€139,544
down €139,544 (-11.8%), from €1.2m to €1.0m
- Trade debts +€134,326
up €134,326 (+8.1%), from €1.7m to €1.8m
- Profit (loss) carried forward -€111,462
down €111,462 (-60.9%), from €183,062 to €71,600
- Accrued charges and deferred income -€88,769
down €88,769 (-30.4%), from €292,061 to €203,292
Income statement
- Gross operating margin -€144,721
down €144,721 (-8.5%), from €1.7m to €1.6m
- Taxes -€65,283
down €65,283 (-23.2%), from €281,956 to €216,673
- Depreciation -€64,483
down €64,483 (-28.6%), from €225,443 to €160,960
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€476,677
Gross operating margin
-€144,721
Staff costs
-€10,265
Depreciation
+€64,483
Other operating charges
+€13,877
Other operating items
-€13,435
Financial income
-€2,128
Financial charges
-€1,233
Taxes
+€65,283
Result 2025
€448,538
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€865,313
Investment
-€71,795
Financing
-€768,253
Cash 2024
€515,883
From operations (derived)
+€865,313
Net result for the year
+€448,538
Depreciation
+€160,960
Stocks and contracts
+€40,653
Receivables within one year
+€106,416
Deferred charges and accrued income
+€454,343
Trade debts
+€134,326
Tax, wage and social debts
-€66,897
Other debts
-€324,258
Accrued charges and deferred income
-€88,769
Investment (derived)
-€71,795
Investment in fixed assets (net)
-€71,795
Financing
-€768,253
Debts after one year
-€139,544
Current portion of long-term debt
-€68,710
Contributions, distributions and other
-€560,000
Cash 2025
€541,148
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,736,944 | €5,071,632 | -€665,313 | -11.6% |
| Fixed assets | 21/28 | €1,961,685 | €1,872,520 | -€89,165 | -4.5% |
| Intangible fixed assets | 21 | €37,500 | €27,500 | -€10,000 | -26.7% |
| Tangible fixed assets | 22/27 | €1,922,836 | €1,843,635 | -€79,200 | -4.1% |
| Land and buildings | 22 | €1,799,174 | €1,726,151 | -€73,023 | -4.1% |
| Plant, machinery and equipment | 23 | €29,252 | €10,842 | -€18,410 | -62.9% |
| Furniture and vehicles | 24 | €38,610 | €34,992 | -€3,617 | -9.4% |
| Leasing and similar rights | 25 | €55,800 | €71,650 | +€15,850 | +28.4% |
| Financial fixed assets | 28 | €1,349 | €1,384 | +€35 | +2.6% |
| Current assets | 29/58 | €3,775,259 | €3,199,112 | -€576,147 | -15.3% |
| Stocks and contracts in progress | 3 | €1,544,105 | €1,503,452 | -€40,653 | -2.6% |
| Stocks | 30/36 | €1,544,105 | €1,503,452 | -€40,653 | -2.6% |
| Amounts receivable within one year | 40/41 | €1,260,928 | €1,154,512 | -€106,416 | -8.4% |
| Trade receivables | 40 | €949,382 | €1,154,512 | +€205,129 | +21.6% |
| Other amounts receivable | 41 | €311,545 | - | -€311,545 | |
| Cash at bank and in hand | 54/58 | €515,883 | €541,148 | +€25,264 | +4.9% |
| Deferred charges and accrued income | 490/1 | €454,343 | - | -€454,343 | |
| Total equity and liabilities | 10/49 | €5,736,944 | €5,071,632 | -€665,313 | -11.6% |
| Equity | 10/15 | €893,062 | €781,600 | -€111,462 | -12.5% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €600,000 | €600,000 | = | 0.0% |
| Distributable reserves | 133 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,062 | €71,600 | -€111,462 | -60.9% |
| Amounts payable | 17/49 | €4,843,882 | €4,290,031 | -€553,851 | -11.4% |
| Amounts payable after more than one year | 17 | €1,180,289 | €1,040,746 | -€139,544 | -11.8% |
| Financial debts | 170/4 | €1,180,289 | €1,040,746 | -€139,544 | -11.8% |
| Amounts payable within one year | 42/48 | €3,371,532 | €3,045,994 | -€325,538 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €417,771 | €349,061 | -€68,710 | -16.4% |
| Trade debts | 44 | €1,657,087 | €1,791,413 | +€134,326 | +8.1% |
| Suppliers | 440/4 | €1,657,087 | €1,791,413 | +€134,326 | +8.1% |
| Taxes, remuneration and social security | 45 | €300,636 | €233,740 | -€66,897 | -22.3% |
| Taxes | 450/3 | €266,564 | €210,274 | -€56,290 | -21.1% |
| Remuneration and social security | 454/9 | €34,072 | €23,466 | -€10,606 | -31.1% |
| Other amounts payable | 47/48 | €996,038 | €671,780 | -€324,258 | -32.6% |
| Accrued charges and deferred income | 492/3 | €292,061 | €203,292 | -€88,769 | -30.4% |
| Remuneration, social security and pensions | 62 | €612,806 | €623,070 | +€10,265 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,443 | €160,960 | -€64,483 | -28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €53,157 | €39,280 | -€13,877 | -26.1% |
| Non-recurring operating charges | 66A | €284 | €13,719 | +€13,435 | +4,738% |
| Gross operating margin | 9900 | €1,703,220 | €1,558,499 | -€144,721 | -8.5% |
| Operating profit (loss) | 9901 | €811,531 | €721,469 | -€90,061 | -11.1% |
| Financial income | 75/76B | €2,138 | €10 | -€2,128 | -99.5% |
| Recurring financial income | 75 | €2,138 | €10 | -€2,128 | -99.5% |
| Financial charges | 65/66B | €55,036 | €56,269 | +€1,233 | +2.2% |
| Recurring financial charges | 65 | €55,036 | €56,269 | +€1,233 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €758,633 | €665,211 | -€93,422 | -12.3% |
| Income taxes | 67/77 | €281,956 | €216,673 | -€65,283 | -23.2% |
| Profit (loss) for the period | 9904 | €476,677 | €448,538 | -€28,139 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €476,677 | €448,538 | -€28,139 | -5.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.