VINIT: 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.
VINIT
Largest movements
- Cash +€28,381
up €28,381 (+64.6%), from €43,931 to €72,312
mainly Net result for the year (+€33,641) and Depreciation (+€12,495)
- Tangible fixed assets -€11,992
down €11,992 (-22.3%), from €53,786 to €41,795
of which Furniture and vehicles: -€11,508
- Profit (loss) carried forward +€33,641
up €33,641 (+80.1%), from €41,986 to €75,627
- Debts after one year -€13,692
down €13,692 (-37.5%), from €36,500 to €22,808
- Tax, wage and social debts -€3,187
down €3,187 (-16.2%), from €19,716 to €16,529
- Depreciation +€6,489
up €6,489 (+108.0%), from €6,006 to €12,495
- Gross operating margin -€4,405
down €4,405 (-7.1%), from €62,067 to €57,661
- Taxes -€2,979
down €2,979 (-24.0%), from €12,399 to €9,419
- Financial charges +€818
up €818 (+90.8%), from €901 to €1,719
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,759 | €132,380 | +€17,622 | +15.4% |
| Fixed assets | 21/28 | €53,786 | €41,795 | -€11,992 | -22.3% |
| Tangible fixed assets | 22/27 | €53,786 | €41,795 | -€11,992 | -22.3% |
| Plant, machinery and equipment | 23 | €2,249 | €1,765 | -€484 | -21.5% |
| Furniture and vehicles | 24 | €51,537 | €40,030 | -€11,508 | -22.3% |
| Current assets | 29/58 | €60,972 | €90,586 | +€29,613 | +48.6% |
| Amounts receivable within one year | 40/41 | €15,322 | €16,440 | +€1,118 | +7.3% |
| Trade receivables | 40 | €13,123 | €14,508 | +€1,384 | +10.5% |
| Other amounts receivable | 41 | €2,199 | €1,932 | -€267 | -12.1% |
| Cash at bank and in hand | 54/58 | €43,931 | €72,312 | +€28,381 | +64.6% |
| Deferred charges and accrued income | 490/1 | €1,720 | €1,834 | +€114 | +6.6% |
| Total equity and liabilities | 10/49 | €114,759 | €132,380 | +€17,622 | +15.4% |
| Equity | 10/15 | €44,486 | €78,127 | +€33,641 | +75.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,986 | €75,627 | +€33,641 | +80.1% |
| Amounts payable | 17/49 | €70,273 | €54,254 | -€16,019 | -22.8% |
| Amounts payable after more than one year | 17 | €36,500 | €22,808 | -€13,692 | -37.5% |
| Financial debts | 170/4 | €36,500 | €22,808 | -€13,692 | -37.5% |
| Amounts payable within one year | 42/48 | €32,904 | €30,452 | -€2,452 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €13,165 | €13,529 | +€364 | +2.8% |
| Trade debts | 44 | - | €394 | +€394 | |
| Suppliers | 440/4 | - | €394 | +€394 | |
| Taxes, remuneration and social security | 45 | €19,716 | €16,529 | -€3,187 | -16.2% |
| Taxes | 450/3 | €19,716 | €16,529 | -€3,187 | -16.2% |
| Other amounts payable | 47/48 | €23 | - | -€23 | |
| Accrued charges and deferred income | 492/3 | €869 | €994 | +€125 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,006 | €12,495 | +€6,489 | +108.0% |
| Other operating charges | 640/8 | €745 | €387 | -€358 | -48.1% |
| Non-recurring operating charges | 66A | €31 | - | -€31 | |
| Gross operating margin | 9900 | €62,067 | €57,661 | -€4,405 | -7.1% |
| Operating profit (loss) | 9901 | €55,285 | €44,779 | -€10,506 | -19.0% |
| Financial charges | 65/66B | €901 | €1,719 | +€818 | +90.8% |
| Recurring financial charges | 65 | €901 | €1,719 | +€818 | +90.8% |
| Profit (loss) for the period before taxes | 9903 | €54,384 | €43,061 | -€11,324 | -20.8% |
| Income taxes | 67/77 | €12,399 | €9,419 | -€2,979 | -24.0% |
| Profit (loss) for the period | 9904 | €41,986 | €33,641 | -€8,344 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,986 | €33,641 | -€8,344 | -19.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.