VIN-EEF: 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-EEF
Largest movements
- Cash -€52,380
down €52,380 (-54.3%), from €96,433 to €44,053
mainly Contributions, distributions and other (-€54,196) and Other debts (-€52,142)
- Receivables within one year -€7,854
down €7,854 (-12.4%), from €63,390 to €55,536
of which Trade receivables: -€12,254
- Tangible fixed assets -€1,708
down €1,708 (-35.0%), from €4,886 to €3,177
of which Furniture and vehicles: -€1,400
- Other debts -€52,142
down €52,142 (-80.9%), from €64,431 to €12,290
- Tax, wage and social debts -€9,937
down €9,937 (-36.7%), from €27,052 to €17,114
- Gross operating margin -€16,982
down €16,982 (-18.6%), from €91,331 to €74,349
- Taxes -€4,340
down €4,340 (-21.3%), from €20,366 to €16,027
- Financial charges +€926
up €926 (+124.4%), from €745 to €1,671
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 | €166,373 | €103,464 | -€62,909 | -37.8% |
| Fixed assets | 21/28 | €4,886 | €3,177 | -€1,708 | -35.0% |
| Tangible fixed assets | 22/27 | €4,886 | €3,177 | -€1,708 | -35.0% |
| Plant, machinery and equipment | 23 | €1,491 | €1,182 | -€308 | -20.7% |
| Furniture and vehicles | 24 | €3,395 | €1,995 | -€1,400 | -41.2% |
| Current assets | 29/58 | €161,487 | €100,286 | -€61,200 | -37.9% |
| Amounts receivable within one year | 40/41 | €63,390 | €55,536 | -€7,854 | -12.4% |
| Trade receivables | 40 | €63,390 | €51,136 | -€12,254 | -19.3% |
| Other amounts receivable | 41 | - | €4,400 | +€4,400 | |
| Cash at bank and in hand | 54/58 | €96,433 | €44,053 | -€52,380 | -54.3% |
| Deferred charges and accrued income | 490/1 | €1,664 | €698 | -€967 | -58.1% |
| Total equity and liabilities | 10/49 | €166,373 | €103,464 | -€62,909 | -37.8% |
| Equity | 10/15 | €72,274 | €72,274 | = | 0.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €65,774 | €65,774 | = | 0.0% |
| Tax-exempt reserves | 132 | €66 | €66 | = | 0.0% |
| Distributable reserves | 133 | €65,708 | €65,708 | = | 0.0% |
| Amounts payable | 17/49 | €94,099 | €31,190 | -€62,909 | -66.9% |
| Amounts payable within one year | 42/48 | €94,099 | €31,190 | -€62,909 | -66.9% |
| Trade debts | 44 | €2,616 | €1,786 | -€830 | -31.7% |
| Suppliers | 440/4 | €2,616 | €1,786 | -€830 | -31.7% |
| Taxes, remuneration and social security | 45 | €27,052 | €17,114 | -€9,937 | -36.7% |
| Taxes | 450/3 | €27,052 | €17,114 | -€9,937 | -36.7% |
| Other amounts payable | 47/48 | €64,431 | €12,290 | -€52,142 | -80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,532 | €1,708 | +€177 | +11.5% |
| Other operating charges | 640/8 | €973 | €1,193 | +€220 | +22.6% |
| Gross operating margin | 9900 | €91,331 | €74,349 | -€16,982 | -18.6% |
| Operating profit (loss) | 9901 | €88,826 | €71,447 | -€17,379 | -19.6% |
| Financial income | 75/76B | €477 | €447 | -€30 | -6.3% |
| Recurring financial income | 75 | €477 | €447 | -€30 | -6.3% |
| Financial charges | 65/66B | €745 | €1,671 | +€926 | +124.4% |
| Recurring financial charges | 65 | €745 | €1,671 | +€926 | +124.4% |
| Profit (loss) for the period before taxes | 9903 | €88,558 | €70,223 | -€18,335 | -20.7% |
| Income taxes | 67/77 | €20,366 | €16,027 | -€4,340 | -21.3% |
| Profit (loss) for the period | 9904 | €68,191 | €54,196 | -€13,995 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,191 | €54,196 | -€13,995 | -20.5% |
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 3 October 2026 via checked.be.