VINETUM: 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.
VINETUM
Largest movements
- Cash -€2,259
down €2,259 (-96.1%), from €2,350 to €91
mainly Debts within one year (-€6,823)
- Receivables within one year -€458
no longer reported in 2020 (was €458)
- Tangible fixed assets -€372
down €372 (-25.0%), from €1,489 to €1,116
- Debts within one year -€6,823
down €6,823 (-68.6%), from €9,951 to €3,128
- Profit (loss) carried forward +€3,733
up €3,733 (+31.5%), from -€11,855 to -€8,121
- Gross operating margin +€1,593
up €1,593 (+59.3%), from €2,687 to €4,281
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,296 | €1,207 | -€3,089 | -71.9% |
| Fixed assets | 21/28 | €1,489 | €1,116 | -€372 | -25.0% |
| Tangible fixed assets | 22/27 | €1,489 | €1,116 | -€372 | -25.0% |
| Current assets | 29/58 | €2,808 | €91 | -€2,717 | -96.8% |
| Amounts receivable within one year | 40/41 | €458 | - | -€458 | |
| Cash at bank and in hand | 54/58 | €2,350 | €91 | -€2,259 | -96.1% |
| Total equity and liabilities | 10/49 | €4,296 | €1,207 | -€3,089 | -71.9% |
| Equity | 10/15 | -€5,655 | -€1,921 | +€3,733 | +66.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,855 | -€8,121 | +€3,733 | +31.5% |
| Amounts payable | 17/49 | €9,951 | €3,128 | -€6,823 | -68.6% |
| Amounts payable within one year | 42/48 | €9,951 | €3,128 | -€6,823 | -68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €372 | = | 0.0% |
| Gross operating margin | 9900 | €2,687 | €4,281 | +€1,593 | +59.3% |
| Operating profit (loss) | 9901 | €2,217 | €3,809 | +€1,591 | +71.8% |
| Recurring financial charges | 65 | €64 | €75 | +€12 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €2,154 | €3,733 | +€1,580 | +73.4% |
| Profit (loss) for the period | 9904 | €2,154 | €3,733 | +€1,580 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,154 | €3,733 | +€1,580 | +73.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.