VINNOT: 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.
VINNOT
Largest movements
- Receivables within one year +€109,993
up €109,993 (+325.1%), from €33,839 to €143,832
of which Other amounts receivable: +€109,993
- Other debts +€131,451
up €131,451 (+173.6%), from €75,723 to €207,175
- Debts after one year -€56,612
down €56,612 (-9.5%), from €596,425 to €539,814
- Tax, wage and social debts +€27,535
up €27,535 (+86.2%), from €31,937 to €59,471
- Financial income +€107,439
up €107,439 (+3976.9%), from €2,702 to €110,141
- Gross operating margin -€16,093
down €16,093 (-13.3%), from €121,251 to €105,158
- Financial charges +€13,135
up €13,135 (+107.7%), from €12,201 to €25,336
- Depreciation -€11,465
down €11,465 (-44.5%), from €25,771 to €14,306
- Taxes -€4,745
down €4,745 (-20.1%), from €23,588 to €18,843
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 | €937,884 | €1,050,908 | +€113,024 | +12.1% |
| Fixed assets | 21/28 | €815,520 | €811,025 | -€4,495 | -0.6% |
| Tangible fixed assets | 22/27 | €285,210 | €280,715 | -€4,495 | -1.6% |
| Land and buildings | 22 | €253,854 | €255,218 | +€1,364 | +0.5% |
| Plant, machinery and equipment | 23 | €4,510 | €3,834 | -€676 | -15.0% |
| Furniture and vehicles | 24 | €26,846 | €21,663 | -€5,183 | -19.3% |
| Financial fixed assets | 28 | €530,311 | €530,311 | = | 0.0% |
| Current assets | 29/58 | €122,364 | €239,882 | +€117,519 | +96.0% |
| Stocks and contracts in progress | 3 | €79,119 | €79,119 | = | 0.0% |
| Stocks | 30/36 | €79,119 | €79,119 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,839 | €143,832 | +€109,993 | +325.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €33,839 | €143,832 | +€109,993 | +325.1% |
| Current investments | 50/53 | €0 | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €5,629 | €8,305 | +€2,676 | +47.5% |
| Deferred charges and accrued income | 490/1 | €3,777 | €3,626 | -€151 | -4.0% |
| Total equity and liabilities | 10/49 | €937,884 | €1,050,908 | +€113,024 | +12.1% |
| Equity | 10/15 | €176,845 | €180,792 | +€3,947 | +2.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €176,745 | €180,692 | +€3,947 | +2.2% |
| Distributable reserves | 133 | €176,745 | €180,692 | +€3,947 | +2.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €761,039 | €870,116 | +€109,077 | +14.3% |
| Amounts payable after more than one year | 17 | €596,425 | €539,814 | -€56,612 | -9.5% |
| Financial debts | 170/4 | €596,425 | €539,814 | -€56,612 | -9.5% |
| Amounts payable within one year | 42/48 | €164,614 | €324,394 | +€159,780 | +97.1% |
| Current portion of amounts payable after more than one year | 42 | €54,903 | €56,612 | +€1,709 | +3.1% |
| Trade debts | 44 | €2,051 | €1,136 | -€915 | -44.6% |
| Suppliers | 440/4 | €2,051 | €1,136 | -€915 | -44.6% |
| Taxes, remuneration and social security | 45 | €31,937 | €59,471 | +€27,535 | +86.2% |
| Taxes | 450/3 | €31,937 | €59,471 | +€27,535 | +86.2% |
| Other amounts payable | 47/48 | €75,723 | €207,175 | +€131,451 | +173.6% |
| Accrued charges and deferred income | 492/3 | - | €5,909 | +€5,909 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,771 | €14,306 | -€11,465 | -44.5% |
| Other operating charges | 640/8 | €1,269 | €1,866 | +€597 | +47.0% |
| Gross operating margin | 9900 | €121,251 | €105,158 | -€16,093 | -13.3% |
| Operating profit (loss) | 9901 | €94,210 | €88,985 | -€5,225 | -5.5% |
| Financial income | 75/76B | €2,702 | €110,141 | +€107,439 | +3976.9% |
| Recurring financial income | 75 | €2,702 | €110,141 | +€107,439 | +3976.9% |
| Financial charges | 65/66B | €12,201 | €25,336 | +€13,135 | +107.7% |
| Recurring financial charges | 65 | €12,201 | €25,336 | +€13,135 | +107.7% |
| Profit (loss) for the period before taxes | 9903 | €84,711 | €173,790 | +€89,080 | +105.2% |
| Income taxes | 67/77 | €23,588 | €18,843 | -€4,745 | -20.1% |
| Profit (loss) for the period | 9904 | €61,123 | €154,947 | +€93,824 | +153.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,123 | €154,947 | +€93,824 | +153.5% |
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 12 October 2026 via checked.be.