VINNIETRANS: 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.
VINNIETRANS
Largest movements
- Cash +€87,930
up €87,930 (+18.8%), from €466,959 to €554,889
mainly Trade debts (+€286,688) and Depreciation (+€94,230)
- Receivables within one year +€64,740
up €64,740 (+44.1%), from €146,838 to €211,578
of which Trade receivables: +€59,995
- Tangible fixed assets +€49,214
up €49,214 (+8.2%), from €600,538 to €649,752
of which Furniture and vehicles: +€59,432
- Trade debts +€286,688
up €286,688 (+122%), from €234,693 to €521,381
- Debts after one year -€89,505
down €89,505 (-38.6%), from €231,708 to €142,203
- Gross operating margin -€171,324
down €171,324 (-31.8%), from €538,989 to €367,665
- Staff costs -€31,959
down €31,959 (-11.9%), from €269,611 to €237,652
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 | €1,227,644 | €1,429,528 | +€201,884 | +16.4% |
| Fixed assets | 21/28 | €610,799 | €660,013 | +€49,214 | +8.1% |
| Tangible fixed assets | 22/27 | €600,538 | €649,752 | +€49,214 | +8.2% |
| Land and buildings | 22 | €313,374 | €300,054 | -€13,320 | -4.3% |
| Plant, machinery and equipment | 23 | €43,130 | €46,231 | +€3,101 | +7.2% |
| Furniture and vehicles | 24 | €244,035 | €303,467 | +€59,432 | +24.4% |
| Financial fixed assets | 28 | €10,261 | €10,261 | = | 0.0% |
| Current assets | 29/58 | €616,844 | €769,514 | +€152,670 | +24.8% |
| Stocks and contracts in progress | 3 | €3,048 | €3,048 | = | 0.0% |
| Stocks | 30/36 | €3,048 | €3,048 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €146,838 | €211,578 | +€64,740 | +44.1% |
| Trade receivables | 40 | €80,732 | €140,727 | +€59,995 | +74.3% |
| Other amounts receivable | 41 | €66,105 | €70,851 | +€4,746 | +7.2% |
| Cash at bank and in hand | 54/58 | €466,959 | €554,889 | +€87,930 | +18.8% |
| Total equity and liabilities | 10/49 | €1,227,644 | €1,429,528 | +€201,884 | +16.4% |
| Equity | 10/15 | €597,571 | €602,199 | +€4,628 | +0.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €566,585 | €571,212 | +€4,628 | +0.8% |
| Distributable reserves | 133 | €566,585 | €571,212 | +€4,628 | +0.8% |
| Amounts payable | 17/49 | €630,072 | €827,329 | +€197,256 | +31.3% |
| Amounts payable after more than one year | 17 | €231,708 | €142,203 | -€89,505 | -38.6% |
| Financial debts | 170/4 | €231,708 | €142,203 | -€89,505 | -38.6% |
| Amounts payable within one year | 42/48 | €398,364 | €685,126 | +€286,762 | +72.0% |
| Current portion of amounts payable after more than one year | 42 | €86,883 | €89,505 | +€2,623 | +3.0% |
| Trade debts | 44 | €234,693 | €521,381 | +€286,688 | +122% |
| Suppliers | 440/4 | €234,693 | €521,381 | +€286,688 | +122% |
| Taxes, remuneration and social security | 45 | €23,056 | €20,766 | -€2,290 | -9.9% |
| Taxes | 450/3 | €1,050 | - | -€1,050 | |
| Remuneration and social security | 454/9 | €22,006 | €20,766 | -€1,240 | -5.6% |
| Other amounts payable | 47/48 | €53,732 | €53,473 | -€259 | -0.5% |
| Remuneration, social security and pensions | 62 | €269,611 | €237,652 | -€31,959 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,902 | €94,230 | +€1,328 | +1.4% |
| Other operating charges | 640/8 | €27,958 | €29,283 | +€1,325 | +4.7% |
| Non-recurring operating charges | 66A | €144,621 | - | -€144,621 | |
| Gross operating margin | 9900 | €538,989 | €367,665 | -€171,324 | -31.8% |
| Operating profit (loss) | 9901 | €3,897 | €6,500 | +€2,603 | +66.8% |
| Financial income | 75/76B | €10,139 | €8,573 | -€1,567 | -15.5% |
| Recurring financial income | 75 | €10,139 | €8,573 | -€1,567 | -15.5% |
| Financial charges | 65/66B | €8,480 | €8,313 | -€166 | -2.0% |
| Recurring financial charges | 65 | €8,480 | €8,313 | -€166 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €5,556 | €6,759 | +€1,203 | +21.6% |
| Income taxes | 67/77 | €3,320 | €2,131 | -€1,189 | -35.8% |
| Profit (loss) for the period | 9904 | €2,236 | €4,628 | +€2,391 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €2,236 | €4,628 | +€2,391 | +107% |
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 17 October 2026 via checked.be.