VINSI: 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.
VINSI
Largest movements
- Tangible fixed assets -€14,970
down €14,970 (-32.2%), from €46,519 to €31,549
of which Furniture and vehicles: -€14,097
- Receivables within one year +€6,730
up €6,730 (+17.8%), from €37,804 to €44,534
of which Trade receivables: +€7,560
- Deferred charges and accrued income +€1,659
up €1,659 (+65.8%), from €2,520 to €4,179
- Cash +€1,081
up €1,081 (+42.8%), from €2,525 to €3,607
mainly Depreciation (+€16,369) and Net result for the year (+€1,276)
- Financial fixed assets -€915
no longer reported in 2025 (was €915)
- Tax, wage and social debts -€4,563
down €4,563 (-43.8%), from €10,407 to €5,844
of which Taxes: -€5,263
- Current portion of long-term debt -€3,065
down €3,065 (-74.4%), from €4,121 to €1,056
- Profit (loss) carried forward +€1,276
up €1,276 (+1.8%), from €69,238 to €70,515
- Debts after one year -€1,056
no longer reported in 2025 (was €1,056)
- Gross operating margin -€29,714
down €29,714 (-58.3%), from €50,954 to €21,240
- Taxes -€5,679
down €5,679 (-76.7%), from €7,407 to €1,729
- Other operating charges +€1,034
up €1,034 (+268.9%), from €384 to €1,418
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 | €90,285 | €83,869 | -€6,416 | -7.1% |
| Fixed assets | 21/28 | €47,434 | €31,549 | -€15,885 | -33.5% |
| Tangible fixed assets | 22/27 | €46,519 | €31,549 | -€14,970 | -32.2% |
| Plant, machinery and equipment | 23 | €3,329 | €2,456 | -€873 | -26.2% |
| Furniture and vehicles | 24 | €43,190 | €29,093 | -€14,097 | -32.6% |
| Financial fixed assets | 28 | €915 | - | -€915 | |
| Current assets | 29/58 | €42,850 | €52,320 | +€9,470 | +22.1% |
| Amounts receivable within one year | 40/41 | €37,804 | €44,534 | +€6,730 | +17.8% |
| Trade receivables | 40 | €35,834 | €43,395 | +€7,560 | +21.1% |
| Other amounts receivable | 41 | €1,970 | €1,139 | -€831 | -42.2% |
| Cash at bank and in hand | 54/58 | €2,525 | €3,607 | +€1,081 | +42.8% |
| Deferred charges and accrued income | 490/1 | €2,520 | €4,179 | +€1,659 | +65.8% |
| Total equity and liabilities | 10/49 | €90,285 | €83,869 | -€6,416 | -7.1% |
| Equity | 10/15 | €74,238 | €75,515 | +€1,276 | +1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,238 | €70,515 | +€1,276 | +1.8% |
| Amounts payable | 17/49 | €16,046 | €8,354 | -€7,692 | -47.9% |
| Amounts payable after more than one year | 17 | €1,056 | - | -€1,056 | |
| Financial debts | 170/4 | €1,056 | - | -€1,056 | |
| Amounts payable within one year | 42/48 | €14,990 | €8,354 | -€6,636 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €4,121 | €1,056 | -€3,065 | -74.4% |
| Trade debts | 44 | €462 | €638 | +€177 | +38.3% |
| Suppliers | 440/4 | €462 | €638 | +€177 | +38.3% |
| Taxes, remuneration and social security | 45 | €10,407 | €5,844 | -€4,563 | -43.8% |
| Taxes | 450/3 | €7,407 | €2,144 | -€5,263 | -71.1% |
| Remuneration and social security | 454/9 | €3,000 | €3,700 | +€700 | +23.3% |
| Other amounts payable | 47/48 | - | €815 | +€815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,945 | €16,369 | +€424 | +2.7% |
| Other operating charges | 640/8 | €384 | €1,418 | +€1,034 | +268.9% |
| Gross operating margin | 9900 | €50,954 | €21,240 | -€29,714 | -58.3% |
| Operating profit (loss) | 9901 | €34,624 | €3,453 | -€31,171 | -90.0% |
| Financial income | 75/76B | €0 | €10 | +€10 | +32666.7% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +32666.7% |
| Financial charges | 65/66B | €466 | €458 | -€9 | -1.8% |
| Recurring financial charges | 65 | €466 | €458 | -€9 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €34,158 | €3,005 | -€31,153 | -91.2% |
| Income taxes | 67/77 | €7,407 | €1,729 | -€5,679 | -76.7% |
| Profit (loss) for the period | 9904 | €26,751 | €1,276 | -€25,474 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,751 | €1,276 | -€25,474 | -95.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.