Vinstermik: 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.
Vinstermik
Largest movements
- Tangible fixed assets -€3,771
down €3,771 (-53.0%), from €7,120 to €3,349
of which Other tangible fixed assets: -€2,368
- Receivables within one year +€3,364
up €3,364 (+34.6%), from €9,732 to €13,096
of which Trade receivables: +€3,829
- Cash +€2,311
up €2,311 (+15.0%), from €15,410 to €17,721
mainly Depreciation (+€3,771) and Debts after one year (+€2,605)
- Trade debts -€2,629
down €2,629 (-77.8%), from €3,378 to €748
- Debts after one year +€2,605
up €2,605 (+19.1%), from €13,645 to €16,250
- Profit (loss) carried forward +€1,223
up €1,223 (+25.4%), from -€4,810 to -€3,586
- Tax, wage and social debts +€502
up €502 (+118%), from €426 to €928
- Depreciation -€1,805
down €1,805 (-32.4%), from €5,576 to €3,771
- Gross operating margin +€1,275
up €1,275 (+24.2%), from €5,276 to €6,551
- Other operating charges -€354
down €354 (-30.0%), from €1,177 to €823
- Financial charges +€257
up €257 (+81.1%), from €316 to €573
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 | €33,210 | €35,167 | +€1,957 | +5.9% |
| Fixed assets | 21/28 | €7,120 | €3,349 | -€3,771 | -53.0% |
| Tangible fixed assets | 22/27 | €7,120 | €3,349 | -€3,771 | -53.0% |
| Furniture and vehicles | 24 | €2,099 | €696 | -€1,403 | -66.9% |
| Other tangible fixed assets | 26 | €5,021 | €2,653 | -€2,368 | -47.2% |
| Current assets | 29/58 | €26,091 | €31,818 | +€5,728 | +22.0% |
| Amounts receivable within one year | 40/41 | €9,732 | €13,096 | +€3,364 | +34.6% |
| Trade receivables | 40 | €9,267 | €13,096 | +€3,829 | +41.3% |
| Other amounts receivable | 41 | €465 | €0 | -€465 | -100% |
| Cash at bank and in hand | 54/58 | €15,410 | €17,721 | +€2,311 | +15.0% |
| Deferred charges and accrued income | 490/1 | €948 | €1,001 | +€53 | +5.6% |
| Total equity and liabilities | 10/49 | €33,210 | €35,167 | +€1,957 | +5.9% |
| Equity | 10/15 | €15,650 | €16,874 | +€1,223 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,810 | -€3,586 | +€1,223 | +25.4% |
| Amounts payable | 17/49 | €17,560 | €18,294 | +€733 | +4.2% |
| Amounts payable after more than one year | 17 | €13,645 | €16,250 | +€2,605 | +19.1% |
| Other amounts payable | 178/9 | €13,645 | €16,250 | +€2,605 | +19.1% |
| Amounts payable within one year | 42/48 | €3,915 | €1,792 | -€2,123 | -54.2% |
| Financial debts | 43 | €111 | €116 | +€5 | +4.3% |
| Credit institutions | 430/8 | €111 | €116 | +€5 | +4.3% |
| Trade debts | 44 | €3,378 | €748 | -€2,629 | -77.8% |
| Suppliers | 440/4 | €3,378 | €748 | -€2,629 | -77.8% |
| Taxes, remuneration and social security | 45 | €426 | €928 | +€502 | +118% |
| Taxes | 450/3 | €426 | €928 | +€502 | +118% |
| Accrued charges and deferred income | 492/3 | - | €251 | +€251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,576 | €3,771 | -€1,805 | -32.4% |
| Other operating charges | 640/8 | €1,177 | €823 | -€354 | -30.0% |
| Gross operating margin | 9900 | €5,276 | €6,551 | +€1,275 | +24.2% |
| Operating profit (loss) | 9901 | -€1,476 | €1,957 | +€3,433 | |
| Financial income | 75/76B | €0 | €30 | +€30 | +59,900% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +59,900% |
| Financial charges | 65/66B | €316 | €573 | +€257 | +81.1% |
| Recurring financial charges | 65 | €316 | €573 | +€257 | +81.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,793 | €1,414 | +€3,206 | |
| Income taxes | 67/77 | €223 | €190 | -€33 | -14.8% |
| Profit (loss) for the period | 9904 | -€2,016 | €1,223 | +€3,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,016 | €1,223 | +€3,239 |
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 28 October 2026 via checked.be.