VINTECC: 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.
VINTECC
Largest movements
- Cash +€1.1m
up €1.1m (+131.8%), from €831,534 to €1.9m
mainly Contributions, distributions and other (+€1.7m) and Depreciation (+€593,619)
- Receivables within one year +€576,287
up €576,287 (+37.4%), from €1.5m to €2.1m
of which Trade receivables: +€683,412
- Stocks and contracts +€97,080
new in 2025: €97,080
- Contributions +€2.0m
up €2.0m (+2666.6%), from €75,000 to €2.1m
- Other debts -€316,141
down €316,141 (-92.0%), from €343,729 to €27,588
- Profit (loss) carried forward -€306,529
down €306,529 (-20.0%), from €1.5m to €1.2m
- Trade debts +€218,630
up €218,630 (+39.5%), from €553,155 to €771,784
- Tax, wage and social debts +€165,180
up €165,180 (+22.5%), from €735,323 to €900,503
of which Remuneration and social security: +€177,340
- Staff costs +€1.6m
up €1.6m (+50.0%), from €3.1m to €4.7m
- Gross operating margin +€1.3m
up €1.3m (+31.7%), from €4.2m to €5.5m
- Depreciation +€256,468
up €256,468 (+76.1%), from €337,150 to €593,619
- Financial income -€152,794
down €152,794 (-90.1%), from €169,630 to €16,837
- Taxes -€87,802
down €87,802 (-88.5%), from €99,209 to €11,407
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 | €5,709,358 | €7,624,843 | +€1.9m | +33.5% |
| Formation expenses | 20 | - | €42,373 | +€42,373 | |
| Fixed assets | 21/28 | €3,110,363 | €3,200,172 | +€89,809 | +2.9% |
| Intangible fixed assets | 21 | €67,716 | €88,987 | +€21,271 | +31.4% |
| Tangible fixed assets | 22/27 | €3,033,995 | €3,102,533 | +€68,538 | +2.3% |
| Land and buildings | 22 | €233,090 | €230,317 | -€2,774 | -1.2% |
| Plant, machinery and equipment | 23 | €91,964 | €92,039 | +€76 | +0.1% |
| Furniture and vehicles | 24 | €244,466 | €207,276 | -€37,190 | -15.2% |
| Other tangible fixed assets | 26 | €2,162,275 | €1,998,670 | -€163,605 | -7.6% |
| Assets under construction and advance payments | 27 | €302,199 | €574,230 | +€272,031 | +90.0% |
| Financial fixed assets | 28 | €8,652 | €8,652 | = | 0.0% |
| Current assets | 29/58 | €2,598,995 | €4,382,299 | +€1.8m | +68.6% |
| Stocks and contracts in progress | 3 | - | €97,080 | +€97,080 | |
| Stocks | 30/36 | - | €97,080 | +€97,080 | |
| Amounts receivable within one year | 40/41 | €1,538,949 | €2,115,235 | +€576,287 | +37.4% |
| Trade receivables | 40 | €1,304,158 | €1,987,570 | +€683,412 | +52.4% |
| Other amounts receivable | 41 | €234,791 | €127,666 | -€107,125 | -45.6% |
| Current investments | 50/53 | - | €34,639 | +€34,639 | |
| Cash at bank and in hand | 54/58 | €831,534 | €1,927,101 | +€1.1m | +131.8% |
| Deferred charges and accrued income | 490/1 | €228,513 | €208,242 | -€20,270 | -8.9% |
| Total equity and liabilities | 10/49 | €5,709,358 | €7,624,843 | +€1.9m | +33.5% |
| Equity | 10/15 | €1,605,077 | €3,298,535 | +€1.7m | +105.5% |
| Contributions | 10/11 | €75,000 | €2,074,987 | +€2.0m | +2666.6% |
| Profit (loss) carried forward | 14 | €1,530,077 | €1,223,548 | -€306,529 | -20.0% |
| Provisions and deferred taxes | 16 | €58,015 | €39,275 | -€18,740 | -32.3% |
| Provisions for liabilities and charges | 160/5 | €58,015 | €39,275 | -€18,740 | -32.3% |
| Environmental obligations | 163 | €58,015 | €39,275 | -€18,740 | -32.3% |
| Amounts payable | 17/49 | €4,046,266 | €4,287,034 | +€240,768 | +6.0% |
| Amounts payable after more than one year | 17 | €2,099,870 | €2,109,191 | +€9,321 | +0.4% |
| Financial debts | 170/4 | €2,099,870 | €2,109,191 | +€9,321 | +0.4% |
| Amounts payable within one year | 42/48 | €1,946,396 | €2,046,528 | +€100,132 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €314,190 | €346,653 | +€32,463 | +10.3% |
| Trade debts | 44 | €553,155 | €771,784 | +€218,630 | +39.5% |
| Suppliers | 440/4 | €553,155 | €771,784 | +€218,630 | +39.5% |
| Taxes, remuneration and social security | 45 | €735,323 | €900,503 | +€165,180 | +22.5% |
| Taxes | 450/3 | €17,277 | €5,116 | -€12,160 | -70.4% |
| Remuneration and social security | 454/9 | €718,046 | €895,386 | +€177,340 | +24.7% |
| Other amounts payable | 47/48 | €343,729 | €27,588 | -€316,141 | -92.0% |
| Accrued charges and deferred income | 492/3 | - | €131,315 | +€131,315 | |
| Non-recurring operating income | 76A | - | €4,428 | +€4,428 | |
| Remuneration, social security and pensions | 62 | €3,139,752 | €4,710,054 | +€1.6m | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €337,150 | €593,619 | +€256,468 | +76.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €58,015 | - | -€58,015 | |
| Other operating charges | 640/8 | €18,270 | €21,972 | +€3,701 | +20.3% |
| Non-recurring operating charges | 66A | €13,592 | €9,058 | -€4,534 | -33.4% |
| Gross operating margin | 9900 | €4,162,722 | €5,483,326 | +€1.3m | +31.7% |
| Operating profit (loss) | 9901 | €595,943 | €148,623 | -€447,320 | -75.1% |
| Financial income | 75/76B | €169,630 | €16,837 | -€152,794 | -90.1% |
| Recurring financial income | 75 | €169,630 | €16,837 | -€152,794 | -90.1% |
| Financial charges | 65/66B | €120,120 | €150,993 | +€30,874 | +25.7% |
| Recurring financial charges | 65 | €120,120 | €150,993 | +€30,874 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €645,454 | €14,466 | -€630,988 | -97.8% |
| Income taxes | 67/77 | €99,209 | €11,407 | -€87,802 | -88.5% |
| Profit (loss) for the period | 9904 | €546,244 | €3,059 | -€543,186 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €546,244 | €3,059 | -€543,186 | -99.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.