VINAMEX: 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.
VINAMEX
Largest movements
- Stocks and contracts +€5,187
up €5,187 (+11.1%), from €46,573 to €51,760
- Receivables within one year +€5,000
new in 2024: €5,000
- Cash +€4,838
up €4,838 (+79.5%), from €6,083 to €10,921
mainly Other debts (+€6,519) and Tax, wage and social debts (+€6,048)
- Other debts +€6,519
up €6,519 (+3.7%), from €177,185 to €183,704
- Tax, wage and social debts +€6,048
up €6,048 (+227%), from €2,665 to €8,713
of which Remuneration and social security: +€3,236
- Profit (loss) carried forward +€2,910
up €2,910 (+2.2%), from -€132,051 to -€129,141
- Accrued charges and deferred income -€1,500
no longer reported in 2024 (was €1,500)
- Gross operating margin +€81,324
up €81,324, from -€31,130 to €50,194
- Staff costs +€34,255
up €34,255 (+296%), from €11,557 to €45,812
- Depreciation -€3,384
down €3,384 (-74.2%), from €4,561 to €1,177
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,295 | €84,547 | +€14,252 | +20.3% |
| Fixed assets | 21/28 | €17,639 | €16,866 | -€773 | -4.4% |
| Tangible fixed assets | 22/27 | €11,479 | €10,706 | -€773 | -6.7% |
| Plant, machinery and equipment | 23 | €10,382 | €9,975 | -€407 | -3.9% |
| Furniture and vehicles | 24 | €1,097 | €731 | -€366 | -33.4% |
| Financial fixed assets | 28 | €6,160 | €6,160 | = | 0.0% |
| Current assets | 29/58 | €52,656 | €67,681 | +€15,025 | +28.5% |
| Stocks and contracts in progress | 3 | €46,573 | €51,760 | +€5,187 | +11.1% |
| Stocks | 30/36 | €46,573 | €51,760 | +€5,187 | +11.1% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €6,083 | €10,921 | +€4,838 | +79.5% |
| Total equity and liabilities | 10/49 | €70,295 | €84,547 | +€14,252 | +20.3% |
| Equity | 10/15 | -€112,392 | -€109,482 | +€2,910 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,059 | €1,059 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,059 | €1,059 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,059 | €1,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,051 | -€129,141 | +€2,910 | +2.2% |
| Amounts payable | 17/49 | €182,687 | €194,029 | +€11,342 | +6.2% |
| Amounts payable within one year | 42/48 | €181,187 | €194,029 | +€12,842 | +7.1% |
| Trade debts | 44 | €1,337 | €1,612 | +€275 | +20.6% |
| Suppliers | 440/4 | €1,337 | €1,612 | +€275 | +20.6% |
| Taxes, remuneration and social security | 45 | €2,665 | €8,713 | +€6,048 | +227% |
| Taxes | 450/3 | €2,665 | €5,477 | +€2,812 | +106% |
| Remuneration and social security | 454/9 | - | €3,236 | +€3,236 | |
| Other amounts payable | 47/48 | €177,185 | €183,704 | +€6,519 | +3.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €11,557 | €45,812 | +€34,255 | +296% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,561 | €1,177 | -€3,384 | -74.2% |
| Other operating charges | 640/8 | €9 | €150 | +€141 | +1,567% |
| Gross operating margin | 9900 | -€31,130 | €50,194 | +€81,324 | |
| Operating profit (loss) | 9901 | -€47,257 | €3,055 | +€50,312 | |
| Financial charges | 65/66B | €628 | €145 | -€483 | -76.9% |
| Recurring financial charges | 65 | €628 | €145 | -€483 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,885 | €2,910 | +€50,795 | |
| Profit (loss) for the period | 9904 | -€47,885 | €2,910 | +€50,795 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,885 | €2,910 | +€50,795 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.