VILLIPINK'S: what changed
What changed
VILLIPINK'S
NACE 24.200, Manufacture of basic metals
filed annual accounts (NBB)
Net result for the year
€8,617
2024 · -€47,602+€56,219
Equity
€10,154
2024 · €14,037-€3,883
Cash
€28,252
2024 · €13,771+€14,481
Balance sheet total
€1.3m
2024 · €1.2m+€90,264
Largest movements
Assets
- Receivables within one year +€46,809
up €46,809 (+122%), from €38,287 to €85,096
- Tangible fixed assets +€24,864
up €24,864 (+2.2%), from €1.1m to €1.2m
of which Leasing and similar rights: +€53,742
- Cash +€14,481
up €14,481 (+105%), from €13,771 to €28,252
mainly Depreciation (+€97,544) and Debts after one year (+€43,768)
Equity and liabilities
- Debts after one year +€43,768
new in 2025: €43,768
- Trade debts +€24,318
up €24,318 (+529%), from €4,597 to €28,915
- Other debts +€14,853
up €14,853 (+1.3%), from €1.2m to €1.2m
Income statement
- Gross operating margin +€72,586
up €72,586 (+180%), from €40,354 to €112,940
- Depreciation +€17,106
up €17,106 (+21.3%), from €80,438 to €97,544
- Financial charges -€2,802
down €2,802 (-49.0%), from €5,719 to €2,916
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€47,602
Gross operating margin
+€72,586
Depreciation
-€17,106
Other operating charges
+€507
Other operating items
-€1,952
Financial income
-€620
Financial charges
+€2,802
Taxes
+€2
Result 2025
€8,617
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€93,871
Investment
-€122,228
Financing
+€42,838
Cash 2024
€13,771
From operations (derived)
+€93,871
Net result for the year
+€8,617
Depreciation
+€97,544
Stocks and contracts
-€4,951
Receivables within one year
-€46,809
Deferred charges and accrued income
+€661
Trade debts
+€24,318
Tax, wage and social debts
-€314
Other debts
+€14,853
Accrued charges and deferred income
-€48
Investment (derived)
-€122,228
Investment in fixed assets (net)
-€122,228
Financing
+€42,838
Debts after one year
+€43,768
Current portion of long-term debt
+€11,570
Contributions, distributions and other
-€12,500
Cash 2025
€28,252
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,210,711 | €1,300,974 | +€90,264 | +7.5% |
| Fixed assets | 21/28 | €1,149,899 | €1,174,584 | +€24,684 | +2.1% |
| Tangible fixed assets | 22/27 | €1,142,834 | €1,167,699 | +€24,864 | +2.2% |
| Land and buildings | 22 | €884,404 | €909,532 | +€25,128 | +2.8% |
| Plant, machinery and equipment | 23 | €237,565 | €194,222 | -€43,344 | -18.2% |
| Furniture and vehicles | 24 | €20,865 | €10,203 | -€10,662 | -51.1% |
| Leasing and similar rights | 25 | - | €53,742 | +€53,742 | |
| Financial fixed assets | 28 | €7,065 | €6,885 | -€180 | -2.6% |
| Current assets | 29/58 | €60,811 | €126,391 | +€65,580 | +108% |
| Stocks and contracts in progress | 3 | - | €4,951 | +€4,951 | |
| Stocks | 30/36 | - | €4,951 | +€4,951 | |
| Amounts receivable within one year | 40/41 | €38,287 | €85,096 | +€46,809 | +122% |
| Trade receivables | 40 | €38,287 | €85,096 | +€46,809 | +122% |
| Cash at bank and in hand | 54/58 | €13,771 | €28,252 | +€14,481 | +105% |
| Deferred charges and accrued income | 490/1 | €8,753 | €8,092 | -€661 | -7.5% |
| Total equity and liabilities | 10/49 | €1,210,711 | €1,300,974 | +€90,264 | +7.5% |
| Equity | 10/15 | €14,037 | €10,154 | -€3,883 | -27.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,037 | €154 | -€3,883 | -96.2% |
| Amounts payable | 17/49 | €1,196,674 | €1,290,820 | +€94,147 | +7.9% |
| Amounts payable after more than one year | 17 | - | €43,768 | +€43,768 | |
| Financial debts | 170/4 | - | €43,768 | +€43,768 | |
| Amounts payable within one year | 42/48 | €1,196,625 | €1,247,053 | +€50,427 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | - | €11,570 | +€11,570 | |
| Trade debts | 44 | €4,597 | €28,915 | +€24,318 | +529% |
| Suppliers | 440/4 | €4,597 | €28,915 | +€24,318 | +529% |
| Taxes, remuneration and social security | 45 | €11,451 | €11,137 | -€314 | -2.7% |
| Taxes | 450/3 | €11,451 | €11,137 | -€314 | -2.7% |
| Other amounts payable | 47/48 | €1,180,578 | €1,195,431 | +€14,853 | +1.3% |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,438 | €97,544 | +€17,106 | +21.3% |
| Other operating charges | 640/8 | €2,358 | €1,851 | -€507 | -21.5% |
| Non-recurring operating charges | 66A | - | €1,952 | +€1,952 | |
| Gross operating margin | 9900 | €40,354 | €112,940 | +€72,586 | +180% |
| Operating profit (loss) | 9901 | -€42,443 | €11,592 | +€54,034 | |
| Financial income | 75/76B | €701 | €81 | -€620 | -88.5% |
| Recurring financial income | 75 | €701 | €81 | -€620 | -88.5% |
| Financial charges | 65/66B | €5,719 | €2,916 | -€2,802 | -49.0% |
| Recurring financial charges | 65 | €5,719 | €2,916 | -€2,802 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | -€47,460 | €8,756 | +€56,216 | |
| Income taxes | 67/77 | €141 | €139 | -€2 | -1.5% |
| Profit (loss) for the period | 9904 | -€47,602 | €8,617 | +€56,219 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,602 | €8,617 | +€56,219 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.