VINSLÔ: 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.
VINSLÔ
Largest movements
- Cash -€13,680
down €13,680 (-49.7%), from €27,516 to €13,836
mainly Debts after one year (-€49,462) and Short-term financial debts (-€10,907)
- Debts after one year -€49,462
down €49,462 (-5.3%), from €937,924 to €888,462
of which Financial debts: -€42,227
- Profit (loss) carried forward +€37,743
up €37,743 (+14.2%), from -€265,421 to -€227,678
- Short-term financial debts -€10,907
down €10,907 (-16.0%), from €68,342 to €57,435
- Financial charges -€15,997
down €15,997 (-55.2%), from €28,982 to €12,985
- Gross operating margin +€9,685
up €9,685 (+18.5%), from €52,294 to €61,979
- Other operating charges -€5,070
no longer reported in 2025 (was €5,070)
- Taxes -€1,593
no longer reported in 2025 (was €1,593)
- Provisions +€1,147
new in 2025: €1,147
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 | €1,024,482 | €1,000,913 | -€23,569 | -2.3% |
| Fixed assets | 21/28 | €996,966 | €987,077 | -€9,889 | -1.0% |
| Tangible fixed assets | 22/27 | €996,966 | €986,862 | -€10,104 | -1.0% |
| Land and buildings | 22 | €966,655 | €966,655 | = | 0.0% |
| Furniture and vehicles | 24 | €30,311 | €20,207 | -€10,104 | -33.3% |
| Financial fixed assets | 28 | - | €215 | +€215 | |
| Current assets | 29/58 | €27,516 | €13,836 | -€13,680 | -49.7% |
| Cash at bank and in hand | 54/58 | €27,516 | €13,836 | -€13,680 | -49.7% |
| Total equity and liabilities | 10/49 | €1,024,482 | €1,000,913 | -€23,569 | -2.3% |
| Equity | 10/15 | -€246,829 | -€209,086 | +€37,743 | +15.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€265,421 | -€227,678 | +€37,743 | +14.2% |
| Amounts payable | 17/49 | €1,271,311 | €1,209,999 | -€61,312 | -4.8% |
| Amounts payable after more than one year | 17 | €937,924 | €888,462 | -€49,462 | -5.3% |
| Financial debts | 170/4 | €930,689 | €888,462 | -€42,227 | -4.5% |
| Other amounts payable | 178/9 | €7,235 | - | -€7,235 | |
| Amounts payable within one year | 42/48 | €333,387 | €321,537 | -€11,850 | -3.6% |
| Financial debts | 43 | €68,342 | €57,435 | -€10,907 | -16.0% |
| Credit institutions | 430/8 | €68,342 | €57,435 | -€10,907 | -16.0% |
| Trade debts | 44 | €1,987 | €630 | -€1,357 | -68.3% |
| Suppliers | 440/4 | €1,987 | €630 | -€1,357 | -68.3% |
| Other amounts payable | 47/48 | €263,058 | €263,472 | +€414 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,103 | €10,103 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €1,147 | +€1,147 | |
| Other operating charges | 640/8 | €5,070 | - | -€5,070 | |
| Gross operating margin | 9900 | €52,294 | €61,979 | +€9,685 | +18.5% |
| Operating profit (loss) | 9901 | €37,121 | €50,729 | +€13,608 | +36.7% |
| Financial charges | 65/66B | €28,982 | €12,985 | -€15,997 | -55.2% |
| Recurring financial charges | 65 | €28,982 | €12,985 | -€15,997 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €8,139 | €37,744 | +€29,605 | +363.7% |
| Income taxes | 67/77 | €1,593 | - | -€1,593 | |
| Profit (loss) for the period | 9904 | €6,546 | €37,744 | +€31,198 | +476.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,546 | €37,744 | +€31,198 | +476.6% |
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 2 October 2026 via checked.be.