Vinaltho: 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.
Vinaltho
Largest movements
- Cash +€72,228
up €72,228 (+4650.9%), from €1,553 to €73,781
mainly Net result for the year (+€107,431) and Tax, wage and social debts (+€36,088)
- Current investments +€51,030
new in 2025: €51,030
- Receivables within one year +€16,526
up €16,526 (+1731.3%), from €954 to €17,480
of which Trade receivables: +€16,807
- Profit (loss) carried forward +€107,431
up €107,431, from -€4,783 to €102,648
- Tax, wage and social debts +€36,088
new in 2025: €36,088
- Other debts -€1,607
down €1,607 (-83.9%), from €1,915 to €308
- Gross operating margin +€140,362
up €140,362, from -€4,783 to €135,578
- Taxes +€28,149
new in 2025: €28,149
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 | €2,508 | €143,165 | +€140,658 | +5609.5% |
| Current assets | 29/58 | €2,508 | €143,165 | +€140,658 | +5609.5% |
| Amounts receivable within one year | 40/41 | €954 | €17,480 | +€16,526 | +1731.3% |
| Trade receivables | 40 | €673 | €17,480 | +€16,807 | +2495.6% |
| Other amounts receivable | 41 | €281 | €0 | -€281 | -100.0% |
| Current investments | 50/53 | - | €51,030 | +€51,030 | |
| Cash at bank and in hand | 54/58 | €1,553 | €73,781 | +€72,228 | +4650.9% |
| Deferred charges and accrued income | 490/1 | - | €873 | +€873 | |
| Total equity and liabilities | 10/49 | €2,508 | €143,165 | +€140,658 | +5609.5% |
| Equity | 10/15 | -€1,783 | €105,648 | +€107,431 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,783 | €102,648 | +€107,431 | |
| Amounts payable | 17/49 | €4,291 | €37,517 | +€33,226 | +774.4% |
| Amounts payable within one year | 42/48 | €3,751 | €37,506 | +€33,755 | +899.9% |
| Financial debts | 43 | - | €222 | +€222 | |
| Credit institutions | 430/8 | - | €222 | +€222 | |
| Trade debts | 44 | €1,835 | €888 | -€947 | -51.6% |
| Suppliers | 440/4 | €1,835 | €888 | -€947 | -51.6% |
| Taxes, remuneration and social security | 45 | - | €36,088 | +€36,088 | |
| Taxes | 450/3 | - | €36,088 | +€36,088 | |
| Other amounts payable | 47/48 | €1,915 | €308 | -€1,607 | -83.9% |
| Accrued charges and deferred income | 492/3 | €540 | €11 | -€529 | -97.9% |
| Gross operating margin | 9900 | -€4,783 | €135,578 | +€140,362 | |
| Operating profit (loss) | 9901 | -€4,783 | €135,578 | +€140,362 | |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | - | €70 | +€70 | |
| Recurring financial charges | 65 | - | €70 | +€70 | |
| Profit (loss) for the period before taxes | 9903 | -€4,783 | €135,580 | +€140,363 | |
| Income taxes | 67/77 | - | €28,149 | +€28,149 | |
| Profit (loss) for the period | 9904 | -€4,783 | €107,431 | +€112,214 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,783 | €107,431 | +€112,214 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.