VinFenestra: 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.
VinFenestra
Largest movements
- Cash -€1,103
down €1,103 (-8.6%), from €12,767 to €11,664
mainly Net result for the year (-€2,677) and Receivables within one year (-€565)
- Tangible fixed assets -€682
down €682 (-34.9%), from €1,954 to €1,272
of which Plant, machinery and equipment: -€350
- Receivables within one year +€565
up €565 (+91.6%), from €617 to €1,182
of which Trade receivables: +€670
- Profit (loss) carried forward -€2,677
new in 2025: -€2,677
- Trade debts +€1,495
up €1,495 (+90.3%), from €1,657 to €3,152
- Purchases and services +€43,444
new in 2025: €43,444
- Turnover +€41,603
new in 2025: €41,603
- Gross operating margin -€12,918
down €12,918, from €11,077 to -€1,841
- Taxes -€2,208
down €2,208 (-100.0%), from €2,208 to €0
- Depreciation +€590
up €590 (+636.4%), from €93 to €682
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 | €15,338 | €14,117 | -€1,220 | -8.0% |
| Fixed assets | 21/28 | €1,954 | €1,272 | -€682 | -34.9% |
| Tangible fixed assets | 22/27 | €1,954 | €1,272 | -€682 | -34.9% |
| Plant, machinery and equipment | 23 | €989 | €640 | -€350 | -35.4% |
| Furniture and vehicles | 24 | €965 | €632 | -€333 | -34.5% |
| Current assets | 29/58 | €13,384 | €12,845 | -€538 | -4.0% |
| Amounts receivable within one year | 40/41 | €617 | €1,182 | +€565 | +91.6% |
| Trade receivables | 40 | - | €670 | +€670 | |
| Other amounts receivable | 41 | €617 | €512 | -€105 | -17.0% |
| Cash at bank and in hand | 54/58 | €12,767 | €11,664 | -€1,103 | -8.6% |
| Total equity and liabilities | 10/49 | €15,338 | €14,117 | -€1,220 | -8.0% |
| Equity | 10/15 | €11,201 | €8,524 | -€2,677 | -23.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,201 | €8,201 | = | 0.0% |
| Distributable reserves | 133 | €8,201 | €8,201 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,677 | -€2,677 | |
| Amounts payable | 17/49 | €4,137 | €5,593 | +€1,456 | +35.2% |
| Amounts payable within one year | 42/48 | €4,137 | €5,593 | +€1,456 | +35.2% |
| Trade debts | 44 | €1,657 | €3,152 | +€1,495 | +90.3% |
| Suppliers | 440/4 | €1,657 | €3,152 | +€1,495 | +90.3% |
| Taxes, remuneration and social security | 45 | €2,208 | €2,208 | = | 0.0% |
| Taxes | 450/3 | €2,208 | €2,208 | = | 0.0% |
| Other amounts payable | 47/48 | €272 | €233 | -€39 | -14.4% |
| Turnover | 70 | - | €41,603 | +€41,603 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €43,444 | +€43,444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €682 | +€590 | +636.4% |
| Other operating charges | 640/8 | €547 | €84 | -€463 | -84.7% |
| Gross operating margin | 9900 | €11,077 | -€1,841 | -€12,918 | |
| Operating profit (loss) | 9901 | €10,438 | -€2,607 | -€13,045 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €29 | €70 | +€41 | +140.1% |
| Recurring financial charges | 65 | €29 | €70 | +€41 | +140.1% |
| Profit (loss) for the period before taxes | 9903 | €10,409 | -€2,677 | -€13,086 | |
| Income taxes | 67/77 | €2,208 | €0 | -€2,208 | -100.0% |
| Profit (loss) for the period | 9904 | €8,201 | -€2,677 | -€10,877 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,201 | -€2,677 | -€10,877 |
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.