VIETAMINE: 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.
VIETAMINE
Largest movements
- Cash +€21,913
up €21,913 (+47.6%), from €46,079 to €67,992
mainly Net result for the year (+€21,747) and Depreciation (+€3,238)
- Tangible fixed assets -€3,238
down €3,238 (-57.5%), from €5,630 to €2,392
of which Furniture and vehicles: -€2,697
- Receivables within one year +€2,000
up €2,000, from €0 to €2,000
- Profit (loss) carried forward +€21,747
up €21,747, from -€148 to €21,599
- Debts within one year -€1,073
down €1,073 (-12.0%), from €8,973 to €7,900
of which Tax, wage and social debts: -€3,572
- Gross operating margin +€31,769
up €31,769 (+222%), from €14,292 to €46,060
- Turnover +€29,192
up €29,192 (+9.1%), from €321,124 to €350,315
- Purchases and services -€22,016
down €22,016 (-6.7%), from €326,271 to €304,255
- Staff costs -€10,501
down €10,501 (-33.6%), from €31,288 to €20,787
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,709 | €72,383 | +€20,674 | +40.0% |
| Fixed assets | 21/28 | €5,630 | €2,392 | -€3,238 | -57.5% |
| Tangible fixed assets | 22/27 | €5,630 | €2,392 | -€3,238 | -57.5% |
| Plant, machinery and equipment | 23 | €1,083 | €541 | -€541 | -50.0% |
| Furniture and vehicles | 24 | €4,548 | €1,851 | -€2,697 | -59.3% |
| Current assets | 29/58 | €46,079 | €69,992 | +€23,913 | +51.9% |
| Amounts receivable within one year | 40/41 | €0 | €2,000 | +€2,000 | |
| Trade receivables | 40 | €0 | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €46,079 | €67,992 | +€21,913 | +47.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €51,709 | €72,383 | +€20,674 | +40.0% |
| Equity | 10/15 | €42,736 | €64,483 | +€21,747 | +50.9% |
| Contributions | 10/11 | €5,854 | €5,854 | = | 0.0% |
| Capital | 10 | €5,854 | €5,854 | = | 0.0% |
| Reserves | 13 | €37,031 | €37,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148 | €21,599 | +€21,747 | |
| Amounts payable | 17/49 | €8,973 | €7,900 | -€1,073 | -12.0% |
| Amounts payable within one year | 42/48 | €8,973 | €7,900 | -€1,073 | -12.0% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €7,455 | €3,883 | -€3,572 | -47.9% |
| Taxes | 450/3 | €705 | €705 | = | 0.0% |
| Remuneration and social security | 454/9 | €6,750 | €3,178 | -€3,572 | -52.9% |
| Turnover | 70 | €321,124 | €350,315 | +€29,192 | +9.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €326,271 | €304,255 | -€22,016 | -6.7% |
| Remuneration, social security and pensions | 62 | €31,288 | €20,787 | -€10,501 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,604 | €3,238 | -€365 | -10.1% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Non-recurring operating charges | 66A | - | €138 | +€138 | |
| Gross operating margin | 9900 | €14,292 | €46,060 | +€31,769 | +222% |
| Operating profit (loss) | 9901 | -€20,650 | €21,897 | +€42,547 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,785 | €21,747 | +€42,532 | |
| Income taxes | 67/77 | €658 | - | -€658 | |
| Profit (loss) for the period | 9904 | -€21,443 | €21,747 | +€43,190 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,443 | €21,747 | +€43,190 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.