VINTEOR: 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.
VINTEOR
Largest movements
- Financial fixed assets +€200,000
up €200,000 (+6.1%), from €3.3m to €3.5m
- Debts after one year +€200,000
new in 2025: €200,000
- Financial income -€915,972
down €915,972 (-99.6%), from €919,722 to €3,750
of which Non-recurring financial income: -€919,708
- Write-downs +€92,130
up €92,130, from -€92,130 to €0
- Other operating charges -€92,097
down €92,097 (-98.8%), from €93,224 to €1,126
- Gross operating margin +€25,953
up €25,953 (+75.6%), from -€34,336 to -€8,384
- Financial charges +€3,441
up €3,441 (+676%), from €509 to €3,950
of which Financial charges: +€3,441
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 | €3,294,548 | €3,488,158 | +€193,610 | +5.9% |
| Fixed assets | 21/28 | €3,255,000 | €3,455,000 | +€200,000 | +6.1% |
| Financial fixed assets | 28 | €3,255,000 | €3,455,000 | +€200,000 | +6.1% |
| Current assets | 29/58 | €39,548 | €33,158 | -€6,390 | -16.2% |
| Cash at bank and in hand | 54/58 | €39,548 | €29,408 | -€10,140 | -25.6% |
| Deferred charges and accrued income | 490/1 | - | €3,750 | +€3,750 | |
| Total equity and liabilities | 10/49 | €3,294,548 | €3,488,158 | +€193,610 | +5.9% |
| Equity | 10/15 | €1,438,274 | €1,428,564 | -€9,710 | -0.7% |
| Contributions | 10/11 | €7,081,924 | €7,081,924 | = | 0.0% |
| Revaluation surpluses | 12 | €2,166,000 | €2,166,000 | = | 0.0% |
| Reserves | 13 | €65,592 | €65,592 | = | 0.0% |
| Distributable reserves | 133 | €65,592 | €65,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,875,242 | -€7,884,952 | -€9,710 | -0.1% |
| Amounts payable | 17/49 | €1,856,274 | €2,059,594 | +€203,321 | +11.0% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €1,856,274 | €1,856,274 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,856,274 | €1,856,274 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,321 | +€3,321 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€92,130 | €0 | +€92,130 | |
| Other operating charges | 640/8 | €93,224 | €1,126 | -€92,097 | -98.8% |
| Non-recurring operating charges | 66A | €919,708 | €0 | -€919,708 | -100% |
| Gross operating margin | 9900 | -€34,336 | -€8,384 | +€25,953 | +75.6% |
| Operating profit (loss) | 9901 | -€955,138 | -€9,510 | +€945,628 | +99.0% |
| Financial income | 75/76B | €919,722 | €3,750 | -€915,972 | -99.6% |
| Recurring financial income | 75 | €14 | €3,750 | +€3,736 | +27,272% |
| Non-recurring financial income | 76B | €919,708 | €0 | -€919,708 | -100% |
| Financial charges | 65/66B | €509 | €3,950 | +€3,441 | +676% |
| Recurring financial charges | 65 | €509 | €3,950 | +€3,441 | +676% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€35,925 | -€9,710 | +€26,215 | +73.0% |
| Profit (loss) for the period | 9904 | -€35,925 | -€9,710 | +€26,215 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,925 | -€9,710 | +€26,215 | +73.0% |
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 13 October 2026 via checked.be.