VINASTY: what changed
Two fiscal 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.
VINASTY
Largest movements
- Tangible fixed assets -€7,936
down €7,936 (-24.3%), from €32,617 to €24,680
of which Furniture and vehicles: -€10,987
- Receivables within one year +€7,419
up €7,419 (+43.8%), from €16,922 to €24,342
of which Other amounts receivable: +€5,544
- Cash -€5,820
down €5,820 (-25.8%), from €22,545 to €16,726
mainly Contributions, distributions and other (-€71,019) and Other debts (-€9,349)
- Deferred charges and accrued income -€1,824
down €1,824 (-88.8%), from €2,053 to €229
- Other debts -€9,349
down €9,349 (-11.6%), from €80,368 to €71,019
- Tax, wage and social debts +€1,229
up €1,229 (+12.5%), from €9,836 to €11,066
- Gross operating margin -€5,670
down €5,670 (-4.9%), from €114,688 to €109,018
- Taxes +€3,726
up €3,726 (+17.7%), from €21,058 to €24,784
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 | €94,437 | €86,277 | -€8,160 | -8.6% |
| Fixed assets | 21/28 | €32,917 | €24,980 | -€7,936 | -24.1% |
| Tangible fixed assets | 22/27 | €32,617 | €24,680 | -€7,936 | -24.3% |
| Plant, machinery and equipment | 23 | €1,576 | €3,642 | +€2,066 | +131.2% |
| Furniture and vehicles | 24 | €29,927 | €18,940 | -€10,987 | -36.7% |
| Other tangible fixed assets | 26 | €1,114 | €2,098 | +€984 | +88.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €61,521 | €61,297 | -€224 | -0.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Trade receivables | 290 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,922 | €24,342 | +€7,419 | +43.8% |
| Trade receivables | 40 | €16,880 | €18,756 | +€1,876 | +11.1% |
| Other amounts receivable | 41 | €42 | €5,586 | +€5,544 | +13186.3% |
| Cash at bank and in hand | 54/58 | €22,545 | €16,726 | -€5,820 | -25.8% |
| Deferred charges and accrued income | 490/1 | €2,053 | €229 | -€1,824 | -88.8% |
| Total equity and liabilities | 10/49 | €94,437 | €86,277 | -€8,160 | -8.6% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable | 17/49 | €90,437 | €82,277 | -€8,160 | -9.0% |
| Amounts payable within one year | 42/48 | €90,437 | €82,277 | -€8,160 | -9.0% |
| Financial debts | 43 | €30 | €30 | = | 0.0% |
| Credit institutions | 430/8 | €30 | €30 | = | 0.0% |
| Trade debts | 44 | €203 | €162 | -€41 | -20.1% |
| Suppliers | 440/4 | €203 | €162 | -€41 | -20.1% |
| Taxes, remuneration and social security | 45 | €9,836 | €11,066 | +€1,229 | +12.5% |
| Taxes | 450/3 | €9,836 | €11,066 | +€1,229 | +12.5% |
| Other amounts payable | 47/48 | €80,368 | €71,019 | -€9,349 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,766 | €12,902 | +€136 | +1.1% |
| Other operating charges | 640/8 | €956 | €741 | -€215 | -22.5% |
| Gross operating margin | 9900 | €114,688 | €109,018 | -€5,670 | -4.9% |
| Operating profit (loss) | 9901 | €100,967 | €95,375 | -€5,591 | -5.5% |
| Financial income | 75/76B | €517 | €537 | +€20 | +3.8% |
| Recurring financial income | 75 | €517 | €537 | +€20 | +3.8% |
| Financial charges | 65/66B | €58 | €109 | +€50 | +86.4% |
| Recurring financial charges | 65 | €58 | €109 | +€50 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | €101,426 | €95,803 | -€5,622 | -5.5% |
| Income taxes | 67/77 | €21,058 | €24,784 | +€3,726 | +17.7% |
| Profit (loss) for the period | 9904 | €80,368 | €71,019 | -€9,349 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,368 | €71,019 | -€9,349 | -11.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.