VINBERG: 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.
VINBERG
Largest movements
- Stocks and contracts -€4,929
no longer reported in 2025 (was €4,929)
- Receivables within one year -€3,391
down €3,391 (-84.3%), from €4,023 to €632
of which Other amounts receivable: -€3,391
- Cash -€2,060
down €2,060 (-30.6%), from €6,741 to €4,681
mainly Net result for the year (-€6,104) and Other debts (-€4,420)
- Profit (loss) carried forward -€9,703
down €9,703 (-111.8%), from -€8,679 to -€18,382
- Other debts -€4,420
down €4,420 (-24.3%), from €18,164 to €13,744
- Trade debts +€3,599
up €3,599 (+10679.5%), from €34 to €3,633
- Gross operating margin -€14,017
down €14,017, from €13,461 to -€557
- Write-downs +€4,929
new in 2025: €4,929
- Other operating charges -€429
down €429 (-47.9%), from €894 to €465
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 | €15,837 | €5,313 | -€10,524 | -66.5% |
| Current assets | 29/58 | €15,837 | €5,313 | -€10,524 | -66.5% |
| Stocks and contracts in progress | 3 | €4,929 | - | -€4,929 | |
| Stocks | 30/36 | €4,929 | - | -€4,929 | |
| Amounts receivable within one year | 40/41 | €4,023 | €632 | -€3,391 | -84.3% |
| Trade receivables | 40 | €619 | €619 | +€0 | 0.0% |
| Other amounts receivable | 41 | €3,404 | €13 | -€3,391 | -99.6% |
| Cash at bank and in hand | 54/58 | €6,741 | €4,681 | -€2,060 | -30.6% |
| Deferred charges and accrued income | 490/1 | €144 | - | -€144 | |
| Total equity and liabilities | 10/49 | €15,837 | €5,313 | -€10,524 | -66.5% |
| Equity | 10/15 | -€2,362 | -€12,064 | -€9,703 | -410.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €117 | €117 | = | 0.0% |
| Non-distributable reserves | 130/1 | €117 | €117 | = | 0.0% |
| Reserves not available under the articles | 1311 | €117 | €117 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,679 | -€18,382 | -€9,703 | -111.8% |
| Amounts payable | 17/49 | €18,198 | €17,377 | -€821 | -4.5% |
| Amounts payable within one year | 42/48 | €18,198 | €17,377 | -€821 | -4.5% |
| Trade debts | 44 | €34 | €3,633 | +€3,599 | +10679.5% |
| Suppliers | 440/4 | €34 | €3,633 | +€3,599 | +10679.5% |
| Other amounts payable | 47/48 | €18,164 | €13,744 | -€4,420 | -24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,929 | +€4,929 | |
| Other operating charges | 640/8 | €894 | €465 | -€429 | -47.9% |
| Gross operating margin | 9900 | €13,461 | -€557 | -€14,017 | |
| Operating profit (loss) | 9901 | €12,566 | -€5,951 | -€18,517 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €153 | €153 | -€0 | -0.1% |
| Recurring financial charges | 65 | €153 | €153 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €12,413 | -€6,104 | -€18,517 | |
| Profit (loss) for the period | 9904 | €12,413 | -€6,104 | -€18,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,413 | -€6,104 | -€18,517 |
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 6 October 2026 via checked.be.