VIGNA RECYCLING: 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.
VIGNA RECYCLING
Largest movements
- Stocks and contracts -€8,000
down €8,000 (-40.0%), from €20,000 to €12,000
- Receivables within one year -€5,066
down €5,066 (-12.4%), from €40,853 to €35,788
of which Trade receivables: -€5,838
- Cash +€3,216
up €3,216 (+341%), from €944 to €4,160
mainly Stocks and contracts (+€8,000) and Receivables within one year (+€5,066)
- Advances received -€14,000
no longer reported in 2025 (was €14,000)
- Reserves +€3,183
up €3,183 (+19.3%), from €16,502 to €19,685
- Tax, wage and social debts +€1,757
up €1,757 (+21.8%), from €8,074 to €9,830
of which Remuneration and social security: +€1,444
- Trade debts -€789
down €789 (-28.6%), from €2,761 to €1,972
- Gross operating margin -€3,636
down €3,636 (-50.2%), from €7,249 to €3,612
- Taxes -€1,907
down €1,907 (-84.5%), from €2,255 to €349
- Other operating charges -€778
no longer reported in 2025 (was €778)
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 | €61,797 | €51,947 | -€9,850 | -15.9% |
| Current assets | 29/58 | €61,797 | €51,947 | -€9,850 | -15.9% |
| Stocks and contracts in progress | 3 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Contracts in progress | 37 | €20,000 | €12,000 | -€8,000 | -40.0% |
| Amounts receivable within one year | 40/41 | €40,853 | €35,788 | -€5,066 | -12.4% |
| Trade receivables | 40 | €29,938 | €24,100 | -€5,838 | -19.5% |
| Other amounts receivable | 41 | €10,915 | €11,687 | +€772 | +7.1% |
| Cash at bank and in hand | 54/58 | €944 | €4,160 | +€3,216 | +341% |
| Total equity and liabilities | 10/49 | €61,797 | €51,947 | -€9,850 | -15.9% |
| Equity | 10/15 | €36,962 | €40,145 | +€3,183 | +8.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €16,502 | €19,685 | +€3,183 | +19.3% |
| Distributable reserves | 133 | €16,502 | €19,685 | +€3,183 | +19.3% |
| Amounts payable | 17/49 | €24,835 | €11,802 | -€13,033 | -52.5% |
| Amounts payable within one year | 42/48 | €24,835 | €11,802 | -€13,033 | -52.5% |
| Trade debts | 44 | €2,761 | €1,972 | -€789 | -28.6% |
| Suppliers | 440/4 | €2,761 | €1,972 | -€789 | -28.6% |
| Advances received on contracts in progress | 46 | €14,000 | - | -€14,000 | |
| Taxes, remuneration and social security | 45 | €8,074 | €9,830 | +€1,757 | +21.8% |
| Taxes | 450/3 | €1,805 | €2,118 | +€313 | +17.4% |
| Remuneration and social security | 454/9 | €6,269 | €7,712 | +€1,444 | +23.0% |
| Other operating charges | 640/8 | €778 | - | -€778 | |
| Gross operating margin | 9900 | €7,249 | €3,612 | -€3,636 | -50.2% |
| Operating profit (loss) | 9901 | €6,470 | €3,612 | -€2,858 | -44.2% |
| Financial charges | 65/66B | €152 | €81 | -€71 | -47.0% |
| Recurring financial charges | 65 | €152 | €81 | -€71 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €6,318 | €3,532 | -€2,786 | -44.1% |
| Income taxes | 67/77 | €2,255 | €349 | -€1,907 | -84.5% |
| Profit (loss) for the period | 9904 | €4,063 | €3,183 | -€880 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,063 | €3,183 | -€880 | -21.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.