VinCon: 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.
VinCon
Largest movements
- Receivables within one year -€30,187
down €30,187 (-40.6%), from €74,339 to €44,152
of which Trade receivables: -€31,789
- Cash -€22,378
down €22,378 (-62.1%), from €36,039 to €13,661
mainly Trade debts (-€39,093) and Other debts (-€7,565)
- Trade debts -€39,093
down €39,093 (-46.3%), from €84,387 to €45,294
- Other debts -€7,565
down €7,565 (-57.9%), from €13,064 to €5,499
- Profit (loss) carried forward -€5,897
down €5,897 (-149%), from -€3,954 to -€9,851
- Gross operating margin -€13,286
down €13,286, from €8,180 to -€5,105
- Taxes -€793
no longer reported in 2024 (was €793)
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 | €113,139 | €60,585 | -€52,554 | -46.5% |
| Fixed assets | 21/28 | €1,200 | €1,200 | = | 0.0% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €111,939 | €59,385 | -€52,554 | -46.9% |
| Amounts receivable within one year | 40/41 | €74,339 | €44,152 | -€30,187 | -40.6% |
| Trade receivables | 40 | €73,695 | €41,906 | -€31,789 | -43.1% |
| Other amounts receivable | 41 | €644 | €2,247 | +€1,602 | +249% |
| Cash at bank and in hand | 54/58 | €36,039 | €13,661 | -€22,378 | -62.1% |
| Deferred charges and accrued income | 490/1 | €1,561 | €1,571 | +€11 | +0.7% |
| Total equity and liabilities | 10/49 | €113,139 | €60,585 | -€52,554 | -46.5% |
| Equity | 10/15 | €14,596 | €8,699 | -€5,897 | -40.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,954 | -€9,851 | -€5,897 | -149% |
| Amounts payable | 17/49 | €98,543 | €51,886 | -€46,658 | -47.3% |
| Amounts payable within one year | 42/48 | €98,543 | €51,886 | -€46,658 | -47.3% |
| Trade debts | 44 | €84,387 | €45,294 | -€39,093 | -46.3% |
| Suppliers | 440/4 | €84,387 | €45,294 | -€39,093 | -46.3% |
| Taxes, remuneration and social security | 45 | €1,093 | €1,093 | = | 0.0% |
| Taxes | 450/3 | €1,093 | €1,093 | = | 0.0% |
| Other amounts payable | 47/48 | €13,064 | €5,499 | -€7,565 | -57.9% |
| Other operating charges | 640/8 | €693 | €705 | +€12 | +1.7% |
| Gross operating margin | 9900 | €8,180 | -€5,105 | -€13,286 | |
| Operating profit (loss) | 9901 | €7,487 | -€5,811 | -€13,297 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €72 | €86 | +€14 | +18.9% |
| Recurring financial charges | 65 | €72 | €86 | +€14 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €7,415 | -€5,897 | -€13,311 | |
| Income taxes | 67/77 | €793 | - | -€793 | |
| Profit (loss) for the period | 9904 | €6,622 | -€5,897 | -€12,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,622 | -€5,897 | -€12,519 |
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 27 October 2026 via checked.be.