VINNIE'S: 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.
VINNIE'S
Largest movements
- Stocks and contracts +€7,061
up €7,061 (+49.8%), from €14,184 to €21,246
- Tangible fixed assets -€7,057
down €7,057 (-14.1%), from €50,165 to €43,107
of which Leasing and similar rights: -€4,789
- Deferred charges and accrued income -€2,210
down €2,210 (-26.1%), from €8,472 to €6,262
- Other debts +€11,664
up €11,664 (+49.6%), from €23,499 to €35,163
- Reserves -€9,900
down €9,900 (-82.5%), from €12,005 to €2,105
- Tax, wage and social debts -€3,596
down €3,596 (-40.5%), from €8,882 to €5,287
of which Taxes: -€2,785
- Debts after one year -€3,301
down €3,301 (-28.5%), from €11,584 to €8,283
- Trade debts +€2,776
up €2,776 (+58.8%), from €4,724 to €7,500
- Gross operating margin -€4,046
down €4,046 (-8.6%), from €47,030 to €42,984
- Staff costs +€3,431
up €3,431 (+21.7%), from €15,774 to €19,205
- Other operating charges -€1,174
down €1,174 (-23.5%), from €4,996 to €3,822
- Financial charges -€1,160
down €1,160 (-21.8%), from €5,312 to €4,152
- Taxes -€797
down €797 (-26.3%), from €3,026 to €2,229
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 | €82,456 | €80,332 | -€2,124 | -2.6% |
| Fixed assets | 21/28 | €50,165 | €43,107 | -€7,057 | -14.1% |
| Tangible fixed assets | 22/27 | €50,165 | €43,107 | -€7,057 | -14.1% |
| Plant, machinery and equipment | 23 | €4,315 | €2,679 | -€1,636 | -37.9% |
| Furniture and vehicles | 24 | €7,354 | €8,030 | +€676 | +9.2% |
| Leasing and similar rights | 25 | €20,702 | €15,912 | -€4,789 | -23.1% |
| Other tangible fixed assets | 26 | €17,794 | €16,485 | -€1,308 | -7.4% |
| Current assets | 29/58 | €32,291 | €37,224 | +€4,934 | +15.3% |
| Stocks and contracts in progress | 3 | €14,184 | €21,246 | +€7,061 | +49.8% |
| Stocks | 30/36 | €14,184 | €21,246 | +€7,061 | +49.8% |
| Amounts receivable within one year | 40/41 | €6,134 | €5,871 | -€263 | -4.3% |
| Trade receivables | 40 | €3,622 | €1,497 | -€2,125 | -58.7% |
| Other amounts receivable | 41 | €2,512 | €4,374 | +€1,862 | +74.1% |
| Cash at bank and in hand | 54/58 | €3,501 | €3,846 | +€345 | +9.9% |
| Deferred charges and accrued income | 490/1 | €8,472 | €6,262 | -€2,210 | -26.1% |
| Total equity and liabilities | 10/49 | €82,456 | €80,332 | -€2,124 | -2.6% |
| Equity | 10/15 | €30,605 | €20,705 | -€9,900 | -32.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,005 | €2,105 | -€9,900 | -82.5% |
| Distributable reserves | 133 | €12,005 | €2,105 | -€9,900 | -82.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €51,851 | €59,626 | +€7,776 | +15.0% |
| Amounts payable after more than one year | 17 | €11,584 | €8,283 | -€3,301 | -28.5% |
| Financial debts | 170/4 | €11,584 | €8,283 | -€3,301 | -28.5% |
| Amounts payable within one year | 42/48 | €40,267 | €51,344 | +€11,077 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €3,161 | €3,301 | +€140 | +4.4% |
| Financial debts | 43 | €0 | €93 | +€93 | |
| Credit institutions | 430/8 | €0 | €93 | +€93 | |
| Trade debts | 44 | €4,724 | €7,500 | +€2,776 | +58.8% |
| Suppliers | 440/4 | €4,724 | €7,500 | +€2,776 | +58.8% |
| Taxes, remuneration and social security | 45 | €8,882 | €5,287 | -€3,596 | -40.5% |
| Taxes | 450/3 | €7,623 | €4,838 | -€2,785 | -36.5% |
| Remuneration and social security | 454/9 | €1,259 | €448 | -€811 | -64.4% |
| Other amounts payable | 47/48 | €23,499 | €35,163 | +€11,664 | +49.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €15,774 | €19,205 | +€3,431 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,678 | €11,487 | -€191 | -1.6% |
| Other operating charges | 640/8 | €4,996 | €3,822 | -€1,174 | -23.5% |
| Gross operating margin | 9900 | €47,030 | €42,984 | -€4,046 | -8.6% |
| Operating profit (loss) | 9901 | €14,582 | €8,470 | -€6,112 | -41.9% |
| Financial income | 75/76B | €235 | €11 | -€224 | -95.2% |
| Recurring financial income | 75 | €235 | €11 | -€224 | -95.2% |
| Financial charges | 65/66B | €5,312 | €4,152 | -€1,160 | -21.8% |
| Recurring financial charges | 65 | €5,312 | €4,152 | -€1,160 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €9,505 | €4,329 | -€5,175 | -54.4% |
| Income taxes | 67/77 | €3,026 | €2,229 | -€797 | -26.3% |
| Profit (loss) for the period | 9904 | €6,479 | €2,100 | -€4,378 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,479 | €2,100 | -€4,378 | -67.6% |
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 5 October 2026 via checked.be.