ViNi: 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.
ViNi
Largest movements
- Stocks and contracts -€241,841
down €241,841 (-37.9%), from €638,442 to €396,602
- Cash +€79,427
up €79,427 (+599%), from €13,259 to €92,686
mainly Stocks and contracts (+€241,841) and Net result for the year (+€30,083)
- Other debts -€192,948
down €192,948 (-36.5%), from €528,730 to €335,783
- Profit (loss) carried forward +€30,083
up €30,083 (+53.2%), from €56,589 to €86,672
- Gross operating margin +€31,224
up €31,224 (+251%), from €12,458 to €43,682
- Other operating charges +€3,314
up €3,314 (+253%), from €1,310 to €4,624
- Financial charges -€1,128
down €1,128 (-11.2%), from €10,103 to €8,975
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.
Derived cash bridge
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 | €653,901 | €489,288 | -€164,614 | -25.2% |
| Current assets | 29/58 | €653,901 | €489,288 | -€164,614 | -25.2% |
| Stocks and contracts in progress | 3 | €638,442 | €396,602 | -€241,841 | -37.9% |
| Stocks | 30/36 | €638,442 | €396,602 | -€241,841 | -37.9% |
| Amounts receivable within one year | 40/41 | €2,200 | - | -€2,200 | |
| Other amounts receivable | 41 | €2,200 | - | -€2,200 | |
| Cash at bank and in hand | 54/58 | €13,259 | €92,686 | +€79,427 | +599% |
| Total equity and liabilities | 10/49 | €653,901 | €489,288 | -€164,614 | -25.2% |
| Equity | 10/15 | €122,061 | €152,144 | +€30,083 | +24.6% |
| Contributions | 10/11 | €61,000 | €61,000 | = | 0.0% |
| Reserves | 13 | €4,472 | €4,472 | = | 0.0% |
| Distributable reserves | 133 | €4,472 | €4,472 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,589 | €86,672 | +€30,083 | +53.2% |
| Amounts payable | 17/49 | €531,840 | €337,144 | -€194,696 | -36.6% |
| Amounts payable within one year | 42/48 | €531,840 | €337,144 | -€194,696 | -36.6% |
| Trade debts | 44 | €3,110 | €1,361 | -€1,749 | -56.2% |
| Suppliers | 440/4 | €3,110 | €1,361 | -€1,749 | -56.2% |
| Other amounts payable | 47/48 | €528,730 | €335,783 | -€192,948 | -36.5% |
| Non-recurring operating income | 76A | - | €37,390 | +€37,390 | |
| Other operating charges | 640/8 | €1,310 | €4,624 | +€3,314 | +253% |
| Gross operating margin | 9900 | €12,458 | €43,682 | +€31,224 | +251% |
| Operating profit (loss) | 9901 | €11,148 | €39,058 | +€27,910 | +250% |
| Financial charges | 65/66B | €10,103 | €8,975 | -€1,128 | -11.2% |
| Recurring financial charges | 65 | €10,103 | €8,975 | -€1,128 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €1,045 | €30,083 | +€29,038 | +2,780% |
| Profit (loss) for the period | 9904 | €1,045 | €30,083 | +€29,038 | +2,780% |
| Profit (loss) for the period to be appropriated | 9905 | €1,045 | €30,083 | +€29,038 | +2,780% |
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 16 October 2026 via checked.be.