VIN DENT: 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.
VIN DENT
Largest movements
- Receivables within one year +€109,750
up €109,750 (+87.2%), from €125,911 to €235,662
of which Other amounts receivable: +€105,999
- Current investments +€73,253
up €73,253 (+34.3%), from €213,400 to €286,653
- Cash -€66,834
down €66,834 (-40.0%), from €167,030 to €100,196
mainly Receivables within one year (-€109,750) and Current investments (-€73,253)
- Reserves +€83,111
up €83,111 (+16.2%), from €514,608 to €597,719
of which Distributable reserves: +€83,111
- Provisions +€39,600
new in 2025: €39,600
- Tax, wage and social debts -€9,590
down €9,590 (-50.8%), from €18,872 to €9,282
of which Taxes: -€9,910
- Provisions +€39,600
new in 2025: €39,600
- Gross operating margin -€25,970
down €25,970 (-13.0%), from €199,603 to €173,633
- Taxes -€9,129
down €9,129 (-16.1%), from €56,862 to €47,733
- Financial income +€5,882
up €5,882 (+11.0%), from €53,389 to €59,270
- Depreciation -€3,447
down €3,447 (-42.7%), from €8,082 to €4,635
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 | €548,294 | €660,047 | +€111,754 | +20.4% |
| Fixed assets | 21/28 | €37,913 | €33,278 | -€4,635 | -12.2% |
| Tangible fixed assets | 22/27 | €21,713 | €17,078 | -€4,635 | -21.3% |
| Land and buildings | 22 | €11,304 | €10,011 | -€1,293 | -11.4% |
| Plant, machinery and equipment | 23 | €4,831 | €3,191 | -€1,640 | -33.9% |
| Furniture and vehicles | 24 | €5,578 | €3,876 | -€1,702 | -30.5% |
| Financial fixed assets | 28 | €16,200 | €16,200 | = | 0.0% |
| Current assets | 29/58 | €510,381 | €626,769 | +€116,388 | +22.8% |
| Amounts receivable within one year | 40/41 | €125,911 | €235,662 | +€109,750 | +87.2% |
| Trade receivables | 40 | €20,723 | €24,475 | +€3,752 | +18.1% |
| Other amounts receivable | 41 | €105,188 | €211,187 | +€105,999 | +100.8% |
| Current investments | 50/53 | €213,400 | €286,653 | +€73,253 | +34.3% |
| Cash at bank and in hand | 54/58 | €167,030 | €100,196 | -€66,834 | -40.0% |
| Deferred charges and accrued income | 490/1 | €4,039 | €4,258 | +€218 | +5.4% |
| Total equity and liabilities | 10/49 | €548,294 | €660,047 | +€111,754 | +20.4% |
| Equity | 10/15 | €527,008 | €610,119 | +€83,111 | +15.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €514,608 | €597,719 | +€83,111 | +16.2% |
| Tax-exempt reserves | 132 | €2,751 | €2,751 | = | 0.0% |
| Distributable reserves | 133 | €511,858 | €594,969 | +€83,111 | +16.2% |
| Provisions and deferred taxes | 16 | - | €39,600 | +€39,600 | |
| Provisions for liabilities and charges | 160/5 | - | €39,600 | +€39,600 | |
| Other liabilities and charges | 164/5 | - | €39,600 | +€39,600 | |
| Amounts payable | 17/49 | €21,286 | €10,328 | -€10,957 | -51.5% |
| Amounts payable within one year | 42/48 | €20,040 | €9,821 | -€10,219 | -51.0% |
| Trade debts | 44 | €1,168 | €538 | -€629 | -53.9% |
| Suppliers | 440/4 | €1,168 | €538 | -€629 | -53.9% |
| Taxes, remuneration and social security | 45 | €18,872 | €9,282 | -€9,590 | -50.8% |
| Taxes | 450/3 | €11,427 | €1,517 | -€9,910 | -86.7% |
| Remuneration and social security | 454/9 | €7,445 | €7,765 | +€320 | +4.3% |
| Accrued charges and deferred income | 492/3 | €1,246 | €508 | -€738 | -59.3% |
| Remuneration, social security and pensions | 62 | €52,113 | €52,277 | +€164 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,082 | €4,635 | -€3,447 | -42.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €39,600 | +€39,600 | |
| Other operating charges | 640/8 | €597 | €663 | +€67 | +11.2% |
| Gross operating margin | 9900 | €199,603 | €173,633 | -€25,970 | -13.0% |
| Operating profit (loss) | 9901 | €138,811 | €76,459 | -€62,353 | -44.9% |
| Financial income | 75/76B | €53,389 | €59,270 | +€5,882 | +11.0% |
| Recurring financial income | 75 | €53,389 | €59,270 | +€5,882 | +11.0% |
| Financial charges | 65/66B | €1,181 | €1,011 | -€170 | -14.4% |
| Recurring financial charges | 65 | €1,181 | €1,011 | -€170 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €191,019 | €134,718 | -€56,301 | -29.5% |
| Income taxes | 67/77 | €56,862 | €47,733 | -€9,129 | -16.1% |
| Profit (loss) for the period | 9904 | €134,156 | €86,985 | -€47,172 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €134,156 | €86,985 | -€47,172 | -35.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.