Vinez: 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.
Vinez
Largest movements
- Cash +€36,605
up €36,605 (+75.7%), from €48,380 to €84,986
mainly Depreciation (+€23,513) and Tax, wage and social debts (+€8,922)
- Tangible fixed assets -€19,092
down €19,092 (-16.3%), from €117,445 to €98,353
of which Furniture and vehicles: -€17,828
- Stocks and contracts -€4,293
down €4,293 (-41.8%), from €10,277 to €5,984
- Tax, wage and social debts +€8,922
up €8,922 (+167.5%), from €5,327 to €14,249
- Trade debts +€7,986
up €7,986 (+80.2%), from €9,959 to €17,945
- Reserves +€4,331
up €4,331 (+6.7%), from €64,261 to €68,592
- Other debts -€4,193
down €4,193 (-11.6%), from €36,217 to €32,024
- Gross operating margin -€9,727
down €9,727 (-23.1%), from €42,021 to €32,294
- Depreciation +€7,326
up €7,326 (+45.3%), from €16,188 to €23,513
- Taxes -€4,269
down €4,269 (-59.0%), from €7,234 to €2,965
- Financial charges -€2,784
down €2,784 (-92.5%), from €3,009 to €225
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 | €196,631 | €211,829 | +€15,198 | +7.7% |
| Fixed assets | 21/28 | €117,445 | €98,353 | -€19,092 | -16.3% |
| Tangible fixed assets | 22/27 | €117,445 | €98,353 | -€19,092 | -16.3% |
| Plant, machinery and equipment | 23 | €1,000 | €2,052 | +€1,052 | +105.1% |
| Furniture and vehicles | 24 | €94,510 | €76,682 | -€17,828 | -18.9% |
| Other tangible fixed assets | 26 | €21,934 | €19,619 | -€2,316 | -10.6% |
| Current assets | 29/58 | €79,186 | €113,475 | +€34,290 | +43.3% |
| Stocks and contracts in progress | 3 | €10,277 | €5,984 | -€4,293 | -41.8% |
| Stocks | 30/36 | €10,277 | €5,984 | -€4,293 | -41.8% |
| Amounts receivable within one year | 40/41 | €20,529 | €21,869 | +€1,340 | +6.5% |
| Trade receivables | 40 | €12,480 | €21,869 | +€9,389 | +75.2% |
| Other amounts receivable | 41 | €8,049 | - | -€8,049 | |
| Cash at bank and in hand | 54/58 | €48,380 | €84,986 | +€36,605 | +75.7% |
| Deferred charges and accrued income | 490/1 | - | €638 | +€638 | |
| Total equity and liabilities | 10/49 | €196,631 | €211,829 | +€15,198 | +7.7% |
| Equity | 10/15 | €65,261 | €69,592 | +€4,331 | +6.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €64,261 | €68,592 | +€4,331 | +6.7% |
| Distributable reserves | 133 | €64,261 | €68,592 | +€4,331 | +6.7% |
| Amounts payable | 17/49 | €131,370 | €142,237 | +€10,867 | +8.3% |
| Amounts payable after more than one year | 17 | €76,407 | €76,407 | = | 0.0% |
| Other amounts payable | 178/9 | €76,407 | €76,407 | = | 0.0% |
| Amounts payable within one year | 42/48 | €53,663 | €65,830 | +€12,167 | +22.7% |
| Financial debts | 43 | €2,161 | €1,613 | -€548 | -25.4% |
| Other loans | 439 | €2,161 | €1,613 | -€548 | -25.4% |
| Trade debts | 44 | €9,959 | €17,945 | +€7,986 | +80.2% |
| Suppliers | 440/4 | €9,959 | €17,945 | +€7,986 | +80.2% |
| Taxes, remuneration and social security | 45 | €5,327 | €14,249 | +€8,922 | +167.5% |
| Taxes | 450/3 | €5,327 | €14,249 | +€8,922 | +167.5% |
| Other amounts payable | 47/48 | €36,217 | €32,024 | -€4,193 | -11.6% |
| Accrued charges and deferred income | 492/3 | €1,300 | - | -€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,188 | €23,513 | +€7,326 | +45.3% |
| Other operating charges | 640/8 | €277 | €682 | +€405 | +146.1% |
| Gross operating margin | 9900 | €42,021 | €32,294 | -€9,727 | -23.1% |
| Operating profit (loss) | 9901 | €25,556 | €8,099 | -€17,457 | -68.3% |
| Financial income | 75/76B | €1 | €255 | +€253 | +21473.7% |
| Recurring financial income | 75 | €1 | €255 | +€253 | +21473.7% |
| Financial charges | 65/66B | €3,009 | €225 | -€2,784 | -92.5% |
| Recurring financial charges | 65 | €3,009 | €225 | -€2,784 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €22,548 | €8,129 | -€14,419 | -63.9% |
| Income taxes | 67/77 | €7,234 | €2,965 | -€4,269 | -59.0% |
| Profit (loss) for the period | 9904 | €15,314 | €5,164 | -€10,150 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,314 | €5,164 | -€10,150 | -66.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.