VINTIV: 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
VINTIV
NACE 26.510, Manufacture of computer, electronic and optical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €1.7m+€283,842
Equity
€1.3m
2024 · €1.3m+€440
Cash
€463,421
2024 · €955,542-€492,121
Balance sheet total
€17.9m
2024 · €13.1m+€4.7m
Largest movements
Assets
- Stocks and contracts +€4.6m
up €4.6m (+116.6%), from €4.0m to €8.6m
of which Contracts in progress: +€4.6m
- Receivables within one year +€705,793
up €705,793 (+27.5%), from €2.6m to €3.3m
of which Trade receivables: +€652,027
- Cash -€492,121
down €492,121 (-51.5%), from €955,542 to €463,421
mainly Stocks and contracts (-€4.6m) and Contributions, distributions and other (-€2.0m)
Equity and liabilities
- Advances received +€3.7m
up €3.7m (+54.0%), from €6.9m to €10.7m
- Other debts +€896,100
up €896,100 (+51.9%), from €1.7m to €2.6m
- Trade debts +€257,492
up €257,492 (+58.1%), from €443,530 to €701,022
Income statement
- Turnover -€2.7m
down €2.7m (-21.0%), from €13.1m to €10.3m
- Goods and materials +€2.0m
up €2.0m (+60.2%), from €3.3m to €5.3m
of which Purchases: +€2.0m
- Services and other goods +€533,460
up €533,460 (+22.5%), from €2.4m to €2.9m
- Staff costs +€486,856
up €486,856 (+16.4%), from €3.0m to €3.4m
- Other operating income +€409,079
up €409,079 (+297.1%), from €137,673 to €546,752
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
€1.7m
Turnover
-€2.7m
Other operating income
+€409,079
Goods and materials
-€2.0m
Services and other goods
-€533,460
Staff costs
-€486,856
Depreciation
+€46,430
Provisions
+€20,128
Other operating charges
-€47,149
Other operating items
+€5.6m
Financial income
+€2,553
Financial charges
+€31,723
Taxes
+€8,109
Result 2025
€2.0m
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
+€2.1m
Investment
-€433,031
Financing
-€2.2m
Cash 2024
€955,542
From operations (derived)
+€2.1m
Net result for the year
+€2.0m
Depreciation
+€557,330
Stocks and contracts
-€4.6m
Receivables within one year
-€705,793
Smaller working-capital items
+€14,863
Provisions
-€20,128
Trade debts
+€257,492
Advances received
+€3.7m
Other debts
+€896,100
Accrued charges and deferred income
+€12,105
Investment (derived)
-€433,031
Investment in fixed assets (net)
-€433,031
Financing
-€2.2m
Debts after one year
-€170,833
Contributions, distributions and other
-€2.0m
Cash 2025
€463,421
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,120,991 | €17,854,139 | +€4.7m | +36.1% |
| Fixed assets | 21/28 | €5,535,720 | €5,411,421 | -€124,299 | -2.2% |
| Intangible fixed assets | 21 | €5,886 | €1,760 | -€4,126 | -70.1% |
| Tangible fixed assets | 22/27 | €5,522,634 | €5,402,461 | -€120,173 | -2.2% |
| Land and buildings | 22 | €4,506,338 | €4,270,541 | -€235,797 | -5.2% |
| Plant, machinery and equipment | 23 | €585,803 | €447,026 | -€138,777 | -23.7% |
| Furniture and vehicles | 24 | €430,050 | €684,669 | +€254,619 | +59.2% |
| Other tangible fixed assets | 26 | €443 | €225 | -€218 | -49.3% |
| Financial fixed assets | 28 | €7,200 | €7,200 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,200 | €7,200 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,200 | €7,200 | = | 0.0% |
| Current assets | 29/58 | €7,585,271 | €12,442,718 | +€4.9m | +64.0% |
| Stocks and contracts in progress | 3 | €3,987,089 | €8,634,485 | +€4.6m | +116.6% |
| Stocks | 30/36 | €48,373 | €51,290 | +€2,917 | +6.0% |
| Raw materials and consumables | 30/31 | €48,373 | €51,290 | +€2,917 | +6.0% |
| Contracts in progress | 37 | €3,938,715 | €8,583,195 | +€4.6m | +117.9% |
| Amounts receivable within one year | 40/41 | €2,567,711 | €3,273,503 | +€705,793 | +27.5% |
| Trade receivables | 40 | €2,546,252 | €3,198,278 | +€652,027 | +25.6% |
| Other amounts receivable | 41 | €21,459 | €75,225 | +€53,766 | +250.6% |
| Cash at bank and in hand | 54/58 | €955,542 | €463,421 | -€492,121 | -51.5% |
| Deferred charges and accrued income | 490/1 | €74,929 | €71,309 | -€3,621 | -4.8% |
| Total equity and liabilities | 10/49 | €13,120,991 | €17,854,139 | +€4.7m | +36.1% |
| Equity | 10/15 | €1,303,209 | €1,303,649 | +€440 | 0.0% |
| Contributions | 10/11 | €553,858 | €553,858 | = | 0.0% |
| Capital | 10 | €553,858 | €553,858 | = | 0.0% |
| Issued capital | 100 | €581,558 | €581,558 | = | 0.0% |
| Uncalled capital | 101 | €27,700 | €27,700 | = | 0.0% |
| Reserves | 13 | €749,350 | €749,790 | +€440 | +0.1% |
| Non-distributable reserves | 130/1 | €58,156 | €58,156 | = | 0.0% |
| Legal reserve | 130 | €58,156 | €58,156 | = | 0.0% |
| Distributable reserves | 133 | €691,194 | €691,634 | +€440 | +0.1% |
| Provisions and deferred taxes | 16 | €20,128 | - | -€20,128 | |
| Provisions for liabilities and charges | 160/5 | €20,128 | - | -€20,128 | |
| Taxes | 161 | €20,128 | - | -€20,128 | |
| Amounts payable | 17/49 | €11,797,654 | €16,550,491 | +€4.8m | +40.3% |
| Amounts payable after more than one year | 17 | €1,703,472 | €1,532,639 | -€170,833 | -10.0% |
| Financial debts | 170/4 | €1,703,472 | €1,532,639 | -€170,833 | -10.0% |
| Subordinated loans | 170 | €75,000 | €225,000 | +€150,000 | +200.0% |
| Credit institutions | 173 | €1,222,222 | €1,088,889 | -€133,333 | -10.9% |
| Other loans | 174 | €406,250 | €218,750 | -€187,500 | -46.2% |
| Amounts payable within one year | 42/48 | €10,057,854 | €14,969,418 | +€4.9m | +48.8% |
| Current portion of amounts payable after more than one year | 42 | €320,833 | €320,833 | = | 0.0% |
| Trade debts | 44 | €443,530 | €701,022 | +€257,492 | +58.1% |
| Suppliers | 440/4 | €443,530 | €701,022 | +€257,492 | +58.1% |
| Advances received on contracts in progress | 46 | €6,940,978 | €10,687,709 | +€3.7m | +54.0% |
| Taxes, remuneration and social security | 45 | €627,512 | €638,754 | +€11,242 | +1.8% |
| Taxes | 450/3 | €130,659 | €110,806 | -€19,853 | -15.2% |
| Remuneration and social security | 454/9 | €496,853 | €527,948 | +€31,095 | +6.3% |
| Other amounts payable | 47/48 | €1,725,000 | €2,621,100 | +€896,100 | +51.9% |
| Accrued charges and deferred income | 492/3 | €36,328 | €48,433 | +€12,105 | +33.3% |
| Operating income | 70/76A | €11,116,791 | €14,331,892 | +€3.2m | +28.9% |
| Turnover | 70 | €13,094,074 | €10,346,448 | -€2.7m | -21.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,138,456 | €3,380,412 | +€5.5m | |
| Other operating income | 74 | €137,673 | €546,752 | +€409,079 | +297.1% |
| Non-recurring operating income | 76A | €23,500 | €58,279 | +€34,779 | +148.0% |
| Operating charges | 60/66A | €9,269,986 | €12,243,629 | +€3.0m | +32.1% |
| Goods for resale, raw materials and consumables | 60 | €3,280,347 | €5,254,316 | +€2.0m | +60.2% |
| Purchases | 600/8 | €3,275,574 | €5,257,233 | +€2.0m | +60.5% |
| Change in stocks: decrease (increase) | 609 | €4,773 | -€2,917 | -€7,690 | |
| Services and other goods | 61 | €2,365,901 | €2,899,361 | +€533,460 | +22.5% |
| Remuneration, social security and pensions | 62 | €2,960,547 | €3,447,402 | +€486,856 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €603,760 | €557,330 | -€46,430 | -7.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,128 | - | -€20,128 | |
| Other operating charges | 640/8 | €38,070 | €85,219 | +€47,149 | +123.9% |
| Non-recurring operating charges | 66A | €1,234 | - | -€1,234 | |
| Operating profit (loss) | 9901 | €1,846,805 | €2,088,263 | +€241,458 | +13.1% |
| Financial income | 75/76B | €20,542 | €23,095 | +€2,553 | +12.4% |
| Recurring financial income | 75 | €20,542 | €23,095 | +€2,553 | +12.4% |
| Other financial income | 752/9 | €20,542 | €23,095 | +€2,553 | +12.4% |
| Financial charges | 65/66B | €96,387 | €64,665 | -€31,723 | -32.9% |
| Recurring financial charges | 65 | €96,387 | €64,665 | -€31,723 | -32.9% |
| Debt charges | 650 | €96,387 | €64,665 | -€31,723 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €1,770,959 | €2,046,693 | +€275,733 | +15.6% |
| Income taxes | 67/77 | €33,261 | €25,153 | -€8,109 | -24.4% |
| Taxes | 670/3 | €33,261 | €25,153 | -€8,109 | -24.4% |
| Profit (loss) for the period | 9904 | €1,737,698 | €2,021,540 | +€283,842 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,737,698 | €2,021,540 | +€283,842 | +16.3% |
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 4 October 2026 via checked.be.