VINIFINE PARTNER: 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.
VINIFINE PARTNER
Largest movements
- Cash +€11,077
up €11,077 (+331%), from €3,351 to €14,428
mainly Net result for the year (+€8,595) and Depreciation (+€8,336)
- Tangible fixed assets -€8,336
down €8,336 (-32.4%), from €25,733 to €17,397
- Debts after one year -€8,260
down €8,260 (-80.8%), from €10,219 to €1,959
- Profit (loss) carried forward +€5,671
no longer reported in 2026 (was -€5,671)
- Trade debts +€4,011
up €4,011 (+6.7%), from €59,649 to €63,660
- Tax, wage and social debts +€3,433
up €3,433 (+50.9%), from €6,748 to €10,181
- Other debts -€1,689
down €1,689 (-36.6%), from €4,613 to €2,924
- Gross operating margin +€5,437
up €5,437 (+29.5%), from €18,450 to €23,887
- Taxes +€1,859
up €1,859 (+72.3%), from €2,573 to €4,432
- Depreciation -€675
down €675 (-7.5%), from €9,011 to €8,336
- Financial charges -€280
down €280 (-25.0%), from €1,118 to €838
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,433 | €94,960 | +€3,527 | +3.9% |
| Fixed assets | 21/28 | €25,733 | €17,397 | -€8,336 | -32.4% |
| Tangible fixed assets | 22/27 | €25,733 | €17,397 | -€8,336 | -32.4% |
| Furniture and vehicles | 24 | €25,733 | €17,397 | -€8,336 | -32.4% |
| Current assets | 29/58 | €65,700 | €77,563 | +€11,863 | +18.1% |
| Amounts receivable within one year | 40/41 | €62,349 | €63,135 | +€786 | +1.3% |
| Trade receivables | 40 | €62,349 | €58,682 | -€3,667 | -5.9% |
| Other amounts receivable | 41 | - | €4,453 | +€4,453 | |
| Cash at bank and in hand | 54/58 | €3,351 | €14,428 | +€11,077 | +331% |
| Total equity and liabilities | 10/49 | €91,433 | €94,960 | +€3,527 | +3.9% |
| Equity | 10/15 | €1,329 | €7,000 | +€5,671 | +427% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,671 | - | +€5,671 | |
| Amounts payable | 17/49 | €90,104 | €87,960 | -€2,144 | -2.4% |
| Amounts payable after more than one year | 17 | €10,219 | €1,959 | -€8,260 | -80.8% |
| Financial debts | 170/4 | €10,219 | €1,959 | -€8,260 | -80.8% |
| Amounts payable within one year | 42/48 | €79,885 | €85,970 | +€6,085 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €8,471 | €8,801 | +€330 | +3.9% |
| Trade debts | 44 | €59,649 | €63,660 | +€4,011 | +6.7% |
| Suppliers | 440/4 | €59,649 | €63,660 | +€4,011 | +6.7% |
| Advances received on contracts in progress | 46 | €404 | €404 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,748 | €10,181 | +€3,433 | +50.9% |
| Taxes | 450/3 | €6,748 | €10,181 | +€3,433 | +50.9% |
| Other amounts payable | 47/48 | €4,613 | €2,924 | -€1,689 | -36.6% |
| Accrued charges and deferred income | 492/3 | - | €31 | +€31 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,011 | €8,336 | -€675 | -7.5% |
| Other operating charges | 640/8 | €1,541 | €1,688 | +€147 | +9.5% |
| Gross operating margin | 9900 | €18,450 | €23,887 | +€5,437 | +29.5% |
| Operating profit (loss) | 9901 | €7,898 | €13,863 | +€5,965 | +75.5% |
| Financial income | 75/76B | €11 | €2 | -€9 | -81.8% |
| Recurring financial income | 75 | €11 | €2 | -€9 | -81.8% |
| Financial charges | 65/66B | €1,118 | €838 | -€280 | -25.0% |
| Recurring financial charges | 65 | €1,118 | €838 | -€280 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €6,791 | €13,027 | +€6,236 | +91.8% |
| Income taxes | 67/77 | €2,573 | €4,432 | +€1,859 | +72.3% |
| Profit (loss) for the period | 9904 | €4,218 | €8,595 | +€4,377 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €4,218 | €8,595 | +€4,377 | +104% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.