GROUP VINSPI: what changed
Two fiscal 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.
GROUP VINSPI
Largest movements
- Tangible fixed assets -€25,197
down €25,197 (-3.9%), from €652,223 to €627,026
- Cash +€20,968
up €20,968 (+154.7%), from €13,556 to €34,524
mainly Net result for the year (+€39,213) and Depreciation (+€25,197)
- Profit (loss) carried forward +€39,213
up €39,213 (+27.7%), from -€141,690 to -€102,476
- Other debts -€35,660
down €35,660 (-5.3%), from €668,246 to €632,586
- Gross operating margin +€32,008
up €32,008 (+89.1%), from €35,911 to €67,919
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €666,347 | €666,883 | +€536 | +0.1% |
| Fixed assets | 21/28 | €652,223 | €627,026 | -€25,197 | -3.9% |
| Tangible fixed assets | 22/27 | €652,223 | €627,026 | -€25,197 | -3.9% |
| Land and buildings | 22 | €652,223 | €627,026 | -€25,197 | -3.9% |
| Current assets | 29/58 | €14,123 | €39,856 | +€25,733 | +182.2% |
| Amounts receivable within one year | 40/41 | €0 | €4,941 | +€4,941 | |
| Trade receivables | 40 | €0 | €4,926 | +€4,926 | |
| Other amounts receivable | 41 | €0 | €15 | +€15 | |
| Cash at bank and in hand | 54/58 | €13,556 | €34,524 | +€20,968 | +154.7% |
| Deferred charges and accrued income | 490/1 | €567 | €391 | -€176 | -31.0% |
| Total equity and liabilities | 10/49 | €666,347 | €666,883 | +€536 | +0.1% |
| Equity | 10/15 | -€69,020 | -€29,806 | +€39,213 | +56.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €12,670 | €12,670 | = | 0.0% |
| Distributable reserves | 133 | €12,670 | €12,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,690 | -€102,476 | +€39,213 | +27.7% |
| Amounts payable | 17/49 | €735,366 | €696,689 | -€38,677 | -5.3% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €672,046 | €636,689 | -€35,356 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,489 | €1,772 | +€284 | +19.0% |
| Suppliers | 440/4 | €1,489 | €1,772 | +€284 | +19.0% |
| Taxes, remuneration and social security | 45 | €2,311 | €2,331 | +€20 | +0.9% |
| Taxes | 450/3 | €2,311 | €2,331 | +€20 | +0.9% |
| Other amounts payable | 47/48 | €668,246 | €632,586 | -€35,660 | -5.3% |
| Accrued charges and deferred income | 492/3 | €3,321 | €0 | -€3,321 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,018 | €25,197 | +€179 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,072 | €3,369 | +€296 | +9.6% |
| Gross operating margin | 9900 | €35,911 | €67,919 | +€32,008 | +89.1% |
| Operating profit (loss) | 9901 | €7,820 | €39,353 | +€31,533 | +403.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €286 | €140 | -€146 | -51.0% |
| Recurring financial charges | 65 | €286 | €140 | -€146 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €7,534 | €39,213 | +€31,679 | +420.5% |
| Profit (loss) for the period | 9904 | €7,534 | €39,213 | +€31,679 | +420.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,534 | €39,213 | +€31,679 | +420.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.