VINAMEX GROUP: what changed
VINAMEX GROUP
Largest movements
- Cash -€44,683
down €44,683 (-93.5%), from €47,790 to €3,107
mainly Short-term financial debts (-€90,000) and Debts after one year (-€13,019)
- Tangible fixed assets -€25,784
no longer reported in 2022 (was €25,784)
of which Furniture and vehicles: -€17,596
- Intangible fixed assets -€10,508
no longer reported in 2022 (was €10,508)
- Financial fixed assets -€4,280
no longer reported in 2022 (was €4,280)
- Receivables within one year +€1,793
up €1,793 (+55.8%), from €3,215 to €5,008
of which Other amounts receivable: +€3,770
- Short-term financial debts -€90,000
no longer reported in 2022 (was €90,000)
- Other debts +€31,955
up €31,955 (+3,775%), from €847 to €32,801
- Debts after one year -€13,019
no longer reported in 2022 (was €13,019)
- Current portion of long-term debt -€6,749
no longer reported in 2022 (was €6,749)
- Profit (loss) carried forward -€6,045
down €6,045 (-3.2%), from -€190,318 to -€196,362
- Gross operating margin +€24,106
up €24,106 (+89.9%), from €26,822 to €50,928
- Staff costs -€11,076
down €11,076 (-16.6%), from €66,546 to €55,470
- Depreciation -€8,899
no longer reported in 2022 (was €8,899)
- Financial income +€5,540
up €5,540 (+3,693,340%), from €0 to €5,540
of which Non-recurring financial income: +€5,540
- Other operating charges -€581
no longer reported in 2022 (was €581)
Change in the result, 2021 to 2022
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2021 and 2022 balance sheets and the 2022 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,535 | €8,115 | -€84,420 | -91.2% |
| Fixed assets | 21/28 | €40,573 | - | -€40,573 | |
| Intangible fixed assets | 21 | €10,508 | - | -€10,508 | |
| Tangible fixed assets | 22/27 | €25,784 | - | -€25,784 | |
| Plant, machinery and equipment | 23 | €8,188 | - | -€8,188 | |
| Furniture and vehicles | 24 | €17,596 | - | -€17,596 | |
| Financial fixed assets | 28 | €4,280 | - | -€4,280 | |
| Current assets | 29/58 | €51,962 | €8,115 | -€43,847 | -84.4% |
| Stocks and contracts in progress | 3 | €957 | - | -€957 | |
| Stocks | 30/36 | €957 | - | -€957 | |
| Amounts receivable within one year | 40/41 | €3,215 | €5,008 | +€1,793 | +55.8% |
| Trade receivables | 40 | €1,977 | - | -€1,977 | |
| Other amounts receivable | 41 | €1,238 | €5,008 | +€3,770 | +304% |
| Cash at bank and in hand | 54/58 | €47,790 | €3,107 | -€44,683 | -93.5% |
| Total equity and liabilities | 10/49 | €92,535 | €8,115 | -€84,420 | -91.2% |
| Equity | 10/15 | -€40,318 | -€46,362 | -€6,045 | -15.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,318 | -€196,362 | -€6,045 | -3.2% |
| Amounts payable | 17/49 | €132,853 | €54,478 | -€78,375 | -59.0% |
| Amounts payable after more than one year | 17 | €13,019 | - | -€13,019 | |
| Financial debts | 170/4 | €13,019 | - | -€13,019 | |
| Amounts payable within one year | 42/48 | €119,833 | €54,478 | -€65,356 | -54.5% |
| Current portion of amounts payable after more than one year | 42 | €6,749 | - | -€6,749 | |
| Financial debts | 43 | €90,000 | - | -€90,000 | |
| Credit institutions | 430/8 | €90,000 | - | -€90,000 | |
| Trade debts | 44 | €4,629 | €7,945 | +€3,315 | +71.6% |
| Suppliers | 440/4 | €4,629 | €7,945 | +€3,315 | +71.6% |
| Taxes, remuneration and social security | 45 | €17,609 | €13,732 | -€3,877 | -22.0% |
| Taxes | 450/3 | €1,903 | - | -€1,903 | |
| Remuneration and social security | 454/9 | €15,705 | €13,732 | -€1,973 | -12.6% |
| Other amounts payable | 47/48 | €847 | €32,801 | +€31,955 | +3,775% |
| Non-recurring operating income | 76A | €33,200 | €70,206 | +€37,006 | +111% |
| Remuneration, social security and pensions | 62 | €66,546 | €55,470 | -€11,076 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,899 | - | -€8,899 | |
| Other operating charges | 640/8 | €581 | - | -€581 | |
| Non-recurring operating charges | 66A | - | €3,630 | +€3,630 | |
| Gross operating margin | 9900 | €26,822 | €50,928 | +€24,106 | +89.9% |
| Operating profit (loss) | 9901 | -€49,204 | -€8,172 | +€41,032 | +83.4% |
| Financial income | 75/76B | €0 | €5,540 | +€5,540 | +3,693,340% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.3% |
| Non-recurring financial income | 76B | - | €5,540 | +€5,540 | |
| Financial charges | 65/66B | €2,888 | €3,413 | +€525 | +18.2% |
| Recurring financial charges | 65 | €2,888 | €3,413 | +€525 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€52,092 | -€6,045 | +€46,047 | +88.4% |
| Profit (loss) for the period | 9904 | -€52,092 | -€6,045 | +€46,047 | +88.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,092 | -€6,045 | +€46,047 | +88.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.