Vintage Equity: 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.
Vintage Equity
Largest movements
- Cash -€91,152
down €91,152 (-79.8%), from €114,254 to €23,102
mainly Debts after one year (-€90,000) and Receivables within one year (-€12,500)
- Debts after one year -€90,000
down €90,000 (-1.7%), from €5.3m to €5.2m
- Financial income -€300,000
down €300,000 (-100%), from €300,000 to €0
- Gross operating margin +€12,755
up €12,755, from -€1,755 to €11,000
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 | €5,982,212 | €5,903,561 | -€78,651 | -1.3% |
| Fixed assets | 21/28 | €5,867,899 | €5,867,899 | = | 0.0% |
| Financial fixed assets | 28 | €5,867,899 | €5,867,899 | = | 0.0% |
| Current assets | 29/58 | €114,313 | €35,662 | -€78,651 | -68.8% |
| Amounts receivable within one year | 40/41 | - | €12,500 | +€12,500 | |
| Trade receivables | 40 | - | €12,500 | +€12,500 | |
| Cash at bank and in hand | 54/58 | €114,254 | €23,102 | -€91,152 | -79.8% |
| Deferred charges and accrued income | 490/1 | €59 | €60 | +€1 | +1.7% |
| Total equity and liabilities | 10/49 | €5,982,212 | €5,903,561 | -€78,651 | -1.3% |
| Equity | 10/15 | €667,176 | €676,957 | +€9,782 | +1.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €637,176 | €646,957 | +€9,782 | +1.5% |
| Distributable reserves | 133 | €637,176 | €646,957 | +€9,782 | +1.5% |
| Amounts payable | 17/49 | €5,315,036 | €5,226,603 | -€88,433 | -1.7% |
| Amounts payable after more than one year | 17 | €5,312,899 | €5,222,899 | -€90,000 | -1.7% |
| Other amounts payable | 178/9 | €5,312,899 | €5,222,899 | -€90,000 | -1.7% |
| Amounts payable within one year | 42/48 | €147 | €120 | -€27 | -18.1% |
| Trade debts | 44 | €147 | €120 | -€27 | -18.1% |
| Suppliers | 440/4 | €147 | €120 | -€27 | -18.1% |
| Accrued charges and deferred income | 492/3 | €1,991 | €3,584 | +€1,594 | +80.0% |
| Other operating charges | 640/8 | €1,162 | €1,194 | +€32 | +2.7% |
| Gross operating margin | 9900 | -€1,755 | €11,000 | +€12,755 | |
| Operating profit (loss) | 9901 | -€2,917 | €9,806 | +€12,723 | |
| Financial income | 75/76B | €300,000 | €0 | -€300,000 | -100% |
| Recurring financial income | 75 | €300,000 | €0 | -€300,000 | -100% |
| Financial charges | 65/66B | €31 | €24 | -€7 | -22.6% |
| Recurring financial charges | 65 | €31 | €24 | -€7 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €297,052 | €9,782 | -€287,270 | -96.7% |
| Profit (loss) for the period | 9904 | €297,052 | €9,782 | -€287,270 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €297,052 | €9,782 | -€287,270 | -96.7% |
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 29 October 2026 via checked.be.