VINTHO: 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.
VINTHO
Largest movements
- Cash -€38,303
down €38,303 (-16.2%), from €236,879 to €198,576
mainly Contributions, distributions and other (-€200,000) and Other debts (-€102,158)
- Receivables within one year -€20,764
down €20,764 (-56.2%), from €36,968 to €16,204
- Intangible fixed assets -€15,000
down €15,000 (-80.0%), from €18,750 to €3,750
- Other debts -€102,158
down €102,158 (-83.5%), from €122,370 to €20,212
- Tax, wage and social debts +€46,217
up €46,217 (+146.9%), from €31,463 to €77,680
of which Remuneration and social security: +€40,308
- Trade debts -€45,601
down €45,601 (-35.4%), from €128,678 to €83,077
- Profit (loss) carried forward +€34,129
up €34,129 (+83.1%), from -€41,082 to -€6,952
- Debts after one year -€21,331
down €21,331 (-20.7%), from €102,935 to €81,603
- Gross operating margin +€294,022
up €294,022 (+47.2%), from €622,307 to €916,329
- Staff costs +€177,836
up €177,836 (+46.6%), from €381,340 to €559,176
- Taxes +€26,748
up €26,748 (+105.1%), from €25,444 to €52,192
- Depreciation +€12,944
up €12,944 (+29.9%), from €43,351 to €56,295
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €504,572 | €426,618 | -€77,954 | -15.4% |
| Fixed assets | 21/28 | €214,455 | €195,541 | -€18,914 | -8.8% |
| Intangible fixed assets | 21 | €18,750 | €3,750 | -€15,000 | -80.0% |
| Tangible fixed assets | 22/27 | €195,364 | €191,450 | -€3,914 | -2.0% |
| Plant, machinery and equipment | 23 | €80,108 | €90,449 | +€10,341 | +12.9% |
| Furniture and vehicles | 24 | €5,971 | €7,761 | +€1,790 | +30.0% |
| Other tangible fixed assets | 26 | €109,285 | €93,240 | -€16,045 | -14.7% |
| Financial fixed assets | 28 | €341 | €341 | = | 0.0% |
| Current assets | 29/58 | €290,117 | €231,077 | -€59,041 | -20.4% |
| Stocks and contracts in progress | 3 | €12,766 | €11,315 | -€1,451 | -11.4% |
| Stocks | 30/36 | €12,766 | €11,315 | -€1,451 | -11.4% |
| Amounts receivable within one year | 40/41 | €36,968 | €16,204 | -€20,764 | -56.2% |
| Other amounts receivable | 41 | €36,968 | €16,204 | -€20,764 | -56.2% |
| Cash at bank and in hand | 54/58 | €236,879 | €198,576 | -€38,303 | -16.2% |
| Deferred charges and accrued income | 490/1 | €3,505 | €4,982 | +€1,477 | +42.2% |
| Total equity and liabilities | 10/49 | €504,572 | €426,618 | -€77,954 | -15.4% |
| Equity | 10/15 | €93,767 | €127,896 | +€34,129 | +36.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €94,849 | €94,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €90,849 | €90,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,082 | -€6,952 | +€34,129 | +83.1% |
| Amounts payable | 17/49 | €410,805 | €298,722 | -€112,084 | -27.3% |
| Amounts payable after more than one year | 17 | €102,935 | €81,603 | -€21,331 | -20.7% |
| Financial debts | 170/4 | €102,935 | €81,603 | -€21,331 | -20.7% |
| Amounts payable within one year | 42/48 | €307,871 | €217,119 | -€90,752 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €25,360 | €36,149 | +€10,789 | +42.5% |
| Trade debts | 44 | €128,678 | €83,077 | -€45,601 | -35.4% |
| Suppliers | 440/4 | €128,678 | €83,077 | -€45,601 | -35.4% |
| Taxes, remuneration and social security | 45 | €31,463 | €77,680 | +€46,217 | +146.9% |
| Taxes | 450/3 | €14,003 | €19,912 | +€5,909 | +42.2% |
| Remuneration and social security | 454/9 | €17,460 | €57,769 | +€40,308 | +230.9% |
| Other amounts payable | 47/48 | €122,370 | €20,212 | -€102,158 | -83.5% |
| Remuneration, social security and pensions | 62 | €381,340 | €559,176 | +€177,836 | +46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,351 | €56,295 | +€12,944 | +29.9% |
| Other operating charges | 640/8 | €4,987 | €4,679 | -€308 | -6.2% |
| Gross operating margin | 9900 | €622,307 | €916,329 | +€294,022 | +47.2% |
| Operating profit (loss) | 9901 | €192,629 | €296,179 | +€103,550 | +53.8% |
| Financial income | 75/76B | €2,688 | €3,565 | +€876 | +32.6% |
| Recurring financial income | 75 | €2,688 | €424 | -€2,264 | -84.2% |
| Non-recurring financial income | 76B | - | €3,141 | +€3,141 | |
| Financial charges | 65/66B | €15,490 | €13,422 | -€2,068 | -13.3% |
| Recurring financial charges | 65 | €15,490 | €13,422 | -€2,068 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €179,828 | €286,321 | +€106,493 | +59.2% |
| Income taxes | 67/77 | €25,444 | €52,192 | +€26,748 | +105.1% |
| Profit (loss) for the period | 9904 | €154,384 | €234,129 | +€79,746 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €154,384 | €234,129 | +€79,746 | +51.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.