VINOCO: 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.
VINOCO
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+54.5%), from €1.9m to €2.9m
of which Land and buildings: +€1.1m
- Receivables after one year +€334,604
new in 2024: €334,604
- Cash -€265,658
down €265,658 (-52.2%), from €508,950 to €243,292
mainly Investment in fixed assets (net) (-€1.2m) and Receivables after one year (-€334,604)
- Receivables within one year +€138,007
up €138,007 (+37.3%), from €370,353 to €508,360
of which Trade receivables: +€337,929
- Debts after one year +€1.1m
up €1.1m (+35.0%), from €3.0m to €4.1m
- Profit (loss) carried forward +€105,473
up €105,473 (+96.3%), from -€109,542 to -€4,070
- Trade debts +€69,862
up €69,862 (+215%), from €32,457 to €102,320
- Current portion of long-term debt +€64,782
up €64,782 (+124%), from €52,097 to €116,878
- Turnover +€330,018
up €330,018 (+44.7%), from €737,759 to €1.1m
- Gross operating margin +€220,214
up €220,214 (+70.2%), from €313,607 to €533,821
- Purchases and services +€109,803
up €109,803 (+25.9%), from €424,152 to €533,956
- Other operating charges +€72,366
up €72,366 (+81.9%), from €88,356 to €160,723
- Depreciation +€32,103
up €32,103 (+25.7%), from €124,982 to €157,086
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,745,616 | €5,009,963 | +€1.3m | +33.8% |
| Fixed assets | 21/28 | €1,891,727 | €2,923,088 | +€1.0m | +54.5% |
| Tangible fixed assets | 22/27 | €1,891,727 | €2,923,088 | +€1.0m | +54.5% |
| Land and buildings | 22 | €1,745,282 | €2,815,503 | +€1.1m | +61.3% |
| Furniture and vehicles | 24 | €146,444 | €107,586 | -€38,858 | -26.5% |
| Current assets | 29/58 | €1,853,889 | €2,086,875 | +€232,985 | +12.6% |
| Amounts receivable after more than one year | 29 | - | €334,604 | +€334,604 | |
| Other amounts receivable | 291 | - | €334,604 | +€334,604 | |
| Stocks and contracts in progress | 3 | €13,688 | €41,002 | +€27,314 | +200% |
| Stocks | 30/36 | €13,688 | €41,002 | +€27,314 | +200% |
| Amounts receivable within one year | 40/41 | €370,353 | €508,360 | +€138,007 | +37.3% |
| Trade receivables | 40 | €70,353 | €408,282 | +€337,929 | +480% |
| Other amounts receivable | 41 | €300,000 | €100,078 | -€199,922 | -66.6% |
| Current investments | 50/53 | €950,009 | €950,009 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €508,950 | €243,292 | -€265,658 | -52.2% |
| Deferred charges and accrued income | 490/1 | €10,889 | €9,607 | -€1,282 | -11.8% |
| Total equity and liabilities | 10/49 | €3,745,616 | €5,009,963 | +€1.3m | +33.8% |
| Equity | 10/15 | €271,329 | €346,701 | +€75,372 | +27.8% |
| Contributions | 10/11 | €380,872 | €350,771 | -€30,101 | -7.9% |
| Profit (loss) carried forward | 14 | -€109,542 | -€4,070 | +€105,473 | +96.3% |
| Amounts payable | 17/49 | €3,474,287 | €4,663,262 | +€1.2m | +34.2% |
| Amounts payable after more than one year | 17 | €3,022,495 | €4,078,971 | +€1.1m | +35.0% |
| Financial debts | 170/4 | €3,022,495 | €4,078,971 | +€1.1m | +35.0% |
| Amounts payable within one year | 42/48 | €451,791 | €584,291 | +€132,500 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €52,097 | €116,878 | +€64,782 | +124% |
| Trade debts | 44 | €32,457 | €102,320 | +€69,862 | +215% |
| Suppliers | 440/4 | €32,457 | €102,320 | +€69,862 | +215% |
| Taxes, remuneration and social security | 45 | €45,129 | €63,604 | +€18,476 | +40.9% |
| Taxes | 450/3 | €45,129 | €63,604 | +€18,476 | +40.9% |
| Other amounts payable | 47/48 | €322,109 | €301,489 | -€20,620 | -6.4% |
| Turnover | 70 | €737,759 | €1,067,777 | +€330,018 | +44.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €424,152 | €533,956 | +€109,803 | +25.9% |
| Remuneration, social security and pensions | 62 | €83 | - | -€83 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,982 | €157,086 | +€32,103 | +25.7% |
| Other operating charges | 640/8 | €88,356 | €160,723 | +€72,366 | +81.9% |
| Gross operating margin | 9900 | €313,607 | €533,821 | +€220,214 | +70.2% |
| Operating profit (loss) | 9901 | €100,185 | €216,012 | +€115,827 | +116% |
| Financial income | 75/76B | €4,441 | €10,345 | +€5,904 | +133% |
| Recurring financial income | 75 | €4,441 | €10,345 | +€5,904 | +133% |
| Financial charges | 65/66B | €136,168 | €119,113 | -€17,055 | -12.5% |
| Recurring financial charges | 65 | €136,168 | €119,113 | -€17,055 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€31,543 | €107,244 | +€138,787 | |
| Income taxes | 67/77 | €1,273 | €1,772 | +€499 | +39.2% |
| Profit (loss) for the period | 9904 | -€32,816 | €105,473 | +€138,288 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,816 | €105,473 | +€138,288 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.