Vinalfood: 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.
What changed
Vinalfood
NACE 46.389, Wholesale of other food products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€19,571
2024 · €28,742-€9,171
Equity
€1.1m
2024 · €1.1m+€19,571
Cash
€74,058
2024 · €98,333-€24,275
Balance sheet total
€5.2m
2024 · €5.0m+€258,997
Largest movements
Assets
- Stocks and contracts +€359,982
up €359,982 (+23.4%), from €1.5m to €1.9m
- Receivables within one year -€69,376
down €69,376 (-2.2%), from €3.2m to €3.1m
of which Trade receivables: -€74,033
Equity and liabilities
- Trade debts +€252,463
up €252,463 (+14.6%), from €1.7m to €2.0m
Income statement
- Turnover -€857,450
down €857,450 (-11.2%), from €7.6m to €6.8m
- Goods and materials -€717,509
down €717,509 (-12.7%), from €5.7m to €5.0m
of which Change in stocks: decrease (increase): -€451,381
- Other operating charges -€109,950
down €109,950 (-73.4%), from €149,896 to €39,946
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.
Result 2024
€28,742
Turnover
-€857,450
Other operating income
-€584
Goods and materials
+€717,509
Services and other goods
+€43,052
Staff costs
+€36,610
Depreciation
+€3,285
Write-downs
-€48,294
Other operating charges
+€109,950
Financial income
-€17,647
Financial charges
+€4,043
Taxes
+€356
Result 2025
€19,571
raises the resultlowers the result
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.
From operations
+€43,975
Investment
-€74,267
Financing
+€6,017
Cash 2024
€98,333
From operations (derived)
+€43,975
Net result for the year
+€19,571
Depreciation
+€81,601
Stocks and contracts
-€359,982
Receivables within one year
+€69,376
Trade debts
+€252,463
Tax, wage and social debts
-€18,770
Other debts
-€283
Investment (derived)
-€74,267
Investment in fixed assets (net)
-€74,267
Financing
+€6,017
Debts after one year
-€17,399
Current portion of long-term debt
+€23,416
Cash 2025
€74,058
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,964,956 | €5,223,953 | +€258,997 | +5.2% |
| Fixed assets | 21/28 | €169,335 | €162,002 | -€7,334 | -4.3% |
| Intangible fixed assets | 21 | €6,783 | €20,091 | +€13,308 | +196% |
| Tangible fixed assets | 22/27 | €128,542 | €107,900 | -€20,642 | -16.1% |
| Plant, machinery and equipment | 23 | €127,226 | €107,416 | -€19,811 | -15.6% |
| Leasing and similar rights | 25 | €1,316 | €485 | -€831 | -63.2% |
| Financial fixed assets | 28 | €34,010 | €34,010 | = | 0.0% |
| Affiliated companies | 280/1 | €33,875 | €33,875 | = | 0.0% |
| Participating interests | 280 | €33,875 | €33,875 | = | 0.0% |
| Other financial fixed assets | 284/8 | €135 | €135 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €4,795,620 | €5,061,951 | +€266,331 | +5.6% |
| Stocks and contracts in progress | 3 | €1,536,023 | €1,896,005 | +€359,982 | +23.4% |
| Stocks | 30/36 | €1,536,023 | €1,896,005 | +€359,982 | +23.4% |
| Raw materials and consumables | 30/31 | - | €656 | +€656 | |
| Goods purchased for resale | 34 | €1,536,023 | €1,895,350 | +€359,327 | +23.4% |
| Amounts receivable within one year | 40/41 | €3,161,264 | €3,091,887 | -€69,376 | -2.2% |
| Trade receivables | 40 | €1,651,322 | €1,577,289 | -€74,033 | -4.5% |
| Other amounts receivable | 41 | €1,509,942 | €1,514,599 | +€4,657 | +0.3% |
| Cash at bank and in hand | 54/58 | €98,333 | €74,058 | -€24,275 | -24.7% |
| Total equity and liabilities | 10/49 | €4,964,956 | €5,223,953 | +€258,997 | +5.2% |
| Equity | 10/15 | €1,094,359 | €1,113,930 | +€19,571 | +1.8% |
| Contributions | 10/11 | €1,048,688 | €1,048,688 | = | 0.0% |
| Capital | 10 | €1,048,688 | €1,048,688 | = | 0.0% |
| Issued capital | 100 | €1,048,688 | €1,048,688 | = | 0.0% |
| Reserves | 13 | €28,200 | €29,179 | +€979 | +3.5% |
| Non-distributable reserves | 130/1 | €21,000 | €21,979 | +€979 | +4.7% |
| Legal reserve | 130 | €21,000 | €21,979 | +€979 | +4.7% |
| Tax-exempt reserves | 132 | €7,200 | €7,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,471 | €36,063 | +€18,592 | +106% |
| Amounts payable | 17/49 | €3,870,597 | €4,110,023 | +€239,426 | +6.2% |
| Amounts payable after more than one year | 17 | €1,067,399 | €1,050,000 | -€17,399 | -1.6% |
| Financial debts | 170/4 | €1,067,399 | €1,050,000 | -€17,399 | -1.6% |
| Subordinated loans | 170 | €1,050,000 | €1,050,000 | = | 0.0% |
| Credit institutions | 173 | €17,399 | - | -€17,399 | |
| Amounts payable within one year | 42/48 | €2,803,198 | €3,060,023 | +€256,825 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €36,149 | €59,565 | +€23,416 | +64.8% |
| Financial debts | 43 | €945,000 | €945,000 | = | 0.0% |
| Credit institutions | 430/8 | €945,000 | €945,000 | = | 0.0% |
| Trade debts | 44 | €1,733,549 | €1,986,012 | +€252,463 | +14.6% |
| Suppliers | 440/4 | €1,733,549 | €1,986,012 | +€252,463 | +14.6% |
| Taxes, remuneration and social security | 45 | €87,359 | €68,589 | -€18,770 | -21.5% |
| Taxes | 450/3 | €38,366 | €21,511 | -€16,855 | -43.9% |
| Remuneration and social security | 454/9 | €48,993 | €47,078 | -€1,915 | -3.9% |
| Other amounts payable | 47/48 | €1,141 | €858 | -€283 | -24.8% |
| Operating income | 70/76A | €7,650,222 | €6,792,187 | -€858,035 | -11.2% |
| Turnover | 70 | €7,641,156 | €6,783,706 | -€857,450 | -11.2% |
| Other operating income | 74 | €9,066 | €8,481 | -€584 | -6.4% |
| Operating charges | 60/66A | €7,577,409 | €6,715,298 | -€862,111 | -11.4% |
| Goods for resale, raw materials and consumables | 60 | €5,670,267 | €4,952,759 | -€717,509 | -12.7% |
| Purchases | 600/8 | €5,551,910 | €5,285,782 | -€266,128 | -4.8% |
| Change in stocks: decrease (increase) | 609 | €118,358 | -€333,023 | -€451,381 | |
| Services and other goods | 61 | €1,083,630 | €1,040,578 | -€43,052 | -4.0% |
| Remuneration, social security and pensions | 62 | €654,614 | €618,005 | -€36,610 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,886 | €81,601 | -€3,285 | -3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€65,885 | -€17,590 | +€48,294 | +73.3% |
| Other operating charges | 640/8 | €149,896 | €39,946 | -€109,950 | -73.4% |
| Operating profit (loss) | 9901 | €72,813 | €76,889 | +€4,076 | +5.6% |
| Financial income | 75/76B | €35,783 | €18,136 | -€17,647 | -49.3% |
| Recurring financial income | 75 | €35,783 | €18,136 | -€17,647 | -49.3% |
| Income from current assets | 751 | €14,503 | - | -€14,503 | |
| Other financial income | 752/9 | €21,280 | €18,136 | -€3,144 | -14.8% |
| Financial charges | 65/66B | €77,963 | €73,919 | -€4,043 | -5.2% |
| Recurring financial charges | 65 | €77,963 | €73,919 | -€4,043 | -5.2% |
| Debt charges | 650 | €62,050 | €68,035 | +€5,985 | +9.6% |
| Other financial charges | 652/9 | €15,913 | €5,884 | -€10,029 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €30,633 | €21,106 | -€9,527 | -31.1% |
| Income taxes | 67/77 | €1,891 | €1,535 | -€356 | -18.8% |
| Taxes | 670/3 | €1,914 | €1,535 | -€379 | -19.8% |
| Tax adjustments and reversals of tax provisions | 77 | €23 | - | -€23 | |
| Profit (loss) for the period | 9904 | €28,742 | €19,571 | -€9,171 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,742 | €19,571 | -€9,171 | -31.9% |
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 27 October 2026 via checked.be.