VINA FINANCE: 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.
VINA FINANCE
Largest movements
- Financial fixed assets +€49,445
new in 2025: €49,445
- Cash +€31,073
up €31,073 (+164%), from €18,989 to €50,062
mainly Other debts (+€46,411) and Net result for the year (+€24,226)
- Tangible fixed assets -€8,410
down €8,410 (-33.6%), from €25,022 to €16,612
- Receivables within one year +€3,767
up €3,767 (+39.9%), from €9,452 to €13,219
of which Trade receivables: +€3,461
- Other debts +€46,411
up €46,411 (+1,086%), from €4,274 to €50,685
- Profit (loss) carried forward +€24,226
up €24,226 (+173%), from €13,989 to €38,215
- Tax, wage and social debts +€10,437
up €10,437 (+120%), from €8,706 to €19,143
- Debts after one year -€7,889
down €7,889 (-48.8%), from €16,166 to €8,277
- Trade debts +€3,313
up €3,313 (+254%), from €1,303 to €4,616
- Gross operating margin +€14,618
up €14,618 (+45.8%), from €31,935 to €46,553
- Taxes +€5,251
up €5,251 (+117%), from €4,470 to €9,721
- Other operating charges +€1,403
up €1,403 (+105%), from €1,331 to €2,734
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 | €54,129 | €130,324 | +€76,196 | +141% |
| Fixed assets | 21/28 | €25,022 | €66,057 | +€41,035 | +164% |
| Tangible fixed assets | 22/27 | €25,022 | €16,612 | -€8,410 | -33.6% |
| Leasing and similar rights | 25 | €25,022 | €16,612 | -€8,410 | -33.6% |
| Financial fixed assets | 28 | - | €49,445 | +€49,445 | |
| Current assets | 29/58 | €29,106 | €64,267 | +€35,161 | +121% |
| Amounts receivable within one year | 40/41 | €9,452 | €13,219 | +€3,767 | +39.9% |
| Trade receivables | 40 | €9,452 | €12,913 | +€3,461 | +36.6% |
| Other amounts receivable | 41 | €0 | €306 | +€306 | |
| Cash at bank and in hand | 54/58 | €18,989 | €50,062 | +€31,073 | +164% |
| Deferred charges and accrued income | 490/1 | €666 | €987 | +€321 | +48.3% |
| Total equity and liabilities | 10/49 | €54,129 | €130,324 | +€76,196 | +141% |
| Equity | 10/15 | €15,489 | €39,715 | +€24,226 | +156% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,989 | €38,215 | +€24,226 | +173% |
| Amounts payable | 17/49 | €38,639 | €90,610 | +€51,970 | +135% |
| Amounts payable after more than one year | 17 | €16,166 | €8,277 | -€7,889 | -48.8% |
| Financial debts | 170/4 | €16,166 | €8,277 | -€7,889 | -48.8% |
| Amounts payable within one year | 42/48 | €22,474 | €82,333 | +€59,859 | +266% |
| Current portion of amounts payable after more than one year | 42 | €8,191 | €7,889 | -€303 | -3.7% |
| Trade debts | 44 | €1,303 | €4,616 | +€3,313 | +254% |
| Suppliers | 440/4 | €1,303 | €4,616 | +€3,313 | +254% |
| Taxes, remuneration and social security | 45 | €8,706 | €19,143 | +€10,437 | +120% |
| Taxes | 450/3 | €8,706 | €19,143 | +€10,437 | +120% |
| Other amounts payable | 47/48 | €4,274 | €50,685 | +€46,411 | +1,086% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,410 | €8,410 | = | 0.0% |
| Other operating charges | 640/8 | €1,331 | €2,734 | +€1,403 | +105% |
| Gross operating margin | 9900 | €31,935 | €46,553 | +€14,618 | +45.8% |
| Operating profit (loss) | 9901 | €22,194 | €35,409 | +€13,214 | +59.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,356 | €1,463 | +€107 | +7.9% |
| Recurring financial charges | 65 | €1,356 | €1,463 | +€107 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €20,839 | €33,946 | +€13,108 | +62.9% |
| Income taxes | 67/77 | €4,470 | €9,721 | +€5,251 | +117% |
| Profit (loss) for the period | 9904 | €16,369 | €24,226 | +€7,857 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,369 | €24,226 | +€7,857 | +48.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.