VINTE: 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.
What changed
VINTE
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,948
2024 · €125,858-€94,910
Equity
€230,526
2024 · €219,578+€10,948
Cash
€9,920
2024 · €12,979-€3,059
Balance sheet total
€2.0m
2024 · €2.0m+€23,590
Largest movements
Assets
- Stocks and contracts +€56,365
up €56,365 (+5.2%), from €1.1m to €1.1m
- Tangible fixed assets -€25,059
down €25,059 (-2.8%), from €887,266 to €862,208
Equity and liabilities
- Current portion of long-term debt -€174,194
down €174,194 (-81.4%), from €213,947 to €39,753
- Debts after one year +€170,247
up €170,247 (+11.3%), from €1.5m to €1.7m
Income statement
- Gross operating margin -€336,507
down €336,507 (-75.0%), from €448,776 to €112,269
- Financial charges +€22,428
up €22,428 (+85.5%), from €26,245 to €48,673
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.
Result 2024
€125,858
Gross operating margin
-€336,507
Depreciation
+€1,116
Other operating charges
-€1,059
Other operating items
+€228,599
Financial charges
-€22,428
Taxes
+€20
Deferred taxes and other
+€35,350
Result 2025
€30,948
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.
From operations
+€20,888
Investment
€0
Financing
-€23,947
Cash 2024
€12,979
From operations (derived)
+€20,888
Net result for the year
+€30,948
Depreciation
+€25,059
Stocks and contracts
-€56,365
Deferred charges and accrued income
+€4,658
Trade debts
-€637
Other debts
+€20,000
Accrued charges and deferred income
-€2,774
Financing
-€23,947
Debts after one year
+€170,247
Current portion of long-term debt
-€174,194
Contributions, distributions and other
-€20,000
Cash 2025
€9,920
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,998,314 | €2,021,904 | +€23,590 | +1.2% |
| Fixed assets | 21/28 | €887,266 | €862,208 | -€25,059 | -2.8% |
| Tangible fixed assets | 22/27 | €887,266 | €862,208 | -€25,059 | -2.8% |
| Land and buildings | 22 | €887,266 | €862,208 | -€25,059 | -2.8% |
| Current assets | 29/58 | €1,111,048 | €1,159,696 | +€48,648 | +4.4% |
| Stocks and contracts in progress | 3 | €1,093,078 | €1,149,444 | +€56,365 | +5.2% |
| Stocks | 30/36 | €1,093,078 | €1,149,444 | +€56,365 | +5.2% |
| Cash at bank and in hand | 54/58 | €12,979 | €9,920 | -€3,059 | -23.6% |
| Deferred charges and accrued income | 490/1 | €4,990 | €333 | -€4,658 | -93.3% |
| Total equity and liabilities | 10/49 | €1,998,314 | €2,021,904 | +€23,590 | +1.2% |
| Equity | 10/15 | €219,578 | €230,526 | +€10,948 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €108,249 | €108,249 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,389 | €106,389 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,729 | €103,677 | +€10,948 | +11.8% |
| Provisions and deferred taxes | 16 | €35,350 | €35,350 | = | 0.0% |
| Deferred taxes | 168 | €35,350 | €35,350 | = | 0.0% |
| Amounts payable | 17/49 | €1,743,386 | €1,756,028 | +€12,642 | +0.7% |
| Amounts payable after more than one year | 17 | €1,500,538 | €1,670,785 | +€170,247 | +11.3% |
| Financial debts | 170/4 | €1,500,538 | €1,670,785 | +€170,247 | +11.3% |
| Amounts payable within one year | 42/48 | €239,885 | €85,054 | -€154,832 | -64.5% |
| Current portion of amounts payable after more than one year | 42 | €213,947 | €39,753 | -€174,194 | -81.4% |
| Trade debts | 44 | €938 | €301 | -€637 | -67.9% |
| Suppliers | 440/4 | €938 | €301 | -€637 | -67.9% |
| Other amounts payable | 47/48 | €25,000 | €45,000 | +€20,000 | +80.0% |
| Accrued charges and deferred income | 492/3 | €2,963 | €189 | -€2,774 | -93.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,174 | €25,059 | -€1,116 | -4.3% |
| Other operating charges | 640/8 | €6,530 | €7,589 | +€1,059 | +16.2% |
| Non-recurring operating charges | 66A | €228,599 | - | -€228,599 | |
| Gross operating margin | 9900 | €448,776 | €112,269 | -€336,507 | -75.0% |
| Operating profit (loss) | 9901 | €187,473 | €79,621 | -€107,852 | -57.5% |
| Financial charges | 65/66B | €26,245 | €48,673 | +€22,428 | +85.5% |
| Recurring financial charges | 65 | €26,245 | €48,673 | +€22,428 | +85.5% |
| Profit (loss) for the period before taxes | 9903 | €161,228 | €30,948 | -€130,281 | -80.8% |
| Transfer to deferred taxes | 680 | €35,350 | - | -€35,350 | |
| Income taxes | 67/77 | €20 | - | -€20 | |
| Profit (loss) for the period | 9904 | €125,858 | €30,948 | -€94,910 | -75.4% |
| Transfer to tax-exempt reserves | 689 | €106,051 | - | -€106,051 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,807 | €30,948 | +€11,141 | +56.2% |
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.