VINTOP: 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.
VINTOP
Largest movements
- Current investments -€450,000
down €450,000 (-100%), from €450,000 to €0
- Tangible fixed assets +€421,360
up €421,360 (+177%), from €238,611 to €659,971
- Cash +€110,686
up €110,686 (+71.8%), from €154,195 to €264,881
mainly Current investments (+€450,000) and Net result for the year (+€95,628)
- Receivables within one year -€18,692
down €18,692 (-36.3%), from €51,471 to €32,778
of which Trade receivables: -€18,692
- Reserves +€52,199
up €52,199 (+7.9%), from €664,460 to €716,659
of which Distributable reserves: +€52,199
- Other debts +€40,666
up €40,666 (+25.5%), from €159,596 to €200,263
- Tax, wage and social debts -€35,790
down €35,790 (-73.7%), from €48,538 to €12,748
of which Taxes: -€35,790
- Gross operating margin -€82,553
down €82,553 (-32.6%), from €253,561 to €171,008
- Taxes -€35,754
down €35,754 (-48.4%), from €73,889 to €38,135
- Depreciation +€9,381
up €9,381 (+54.4%), from €17,259 to €26,640
- Financial charges +€7,059
up €7,059 (+402%), from €1,754 to €8,813
- Financial income -€6,325
down €6,325 (-43.5%), from €14,547 to €8,222
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 | €894,276 | €957,631 | +€63,354 | +7.1% |
| Fixed assets | 21/28 | €238,611 | €659,971 | +€421,360 | +177% |
| Tangible fixed assets | 22/27 | €238,611 | €659,971 | +€421,360 | +177% |
| Land and buildings | 22 | €238,611 | €659,971 | +€421,360 | +177% |
| Current assets | 29/58 | €655,665 | €297,660 | -€358,006 | -54.6% |
| Amounts receivable within one year | 40/41 | €51,471 | €32,778 | -€18,692 | -36.3% |
| Trade receivables | 40 | €51,471 | €32,778 | -€18,692 | -36.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €450,000 | €0 | -€450,000 | -100% |
| Cash at bank and in hand | 54/58 | €154,195 | €264,881 | +€110,686 | +71.8% |
| Total equity and liabilities | 10/49 | €894,276 | €957,631 | +€63,354 | +7.1% |
| Equity | 10/15 | €676,860 | €729,059 | +€52,199 | +7.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €664,460 | €716,659 | +€52,199 | +7.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €664,460 | €716,659 | +€52,199 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €217,416 | €228,571 | +€11,155 | +5.1% |
| Amounts payable within one year | 42/48 | €214,840 | €219,052 | +€4,212 | +2.0% |
| Trade debts | 44 | €6,706 | €6,042 | -€664 | -9.9% |
| Suppliers | 440/4 | €6,706 | €6,042 | -€664 | -9.9% |
| Taxes, remuneration and social security | 45 | €48,538 | €12,748 | -€35,790 | -73.7% |
| Taxes | 450/3 | €48,538 | €12,748 | -€35,790 | -73.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €159,596 | €200,263 | +€40,666 | +25.5% |
| Accrued charges and deferred income | 492/3 | €2,576 | €9,519 | +€6,943 | +270% |
| Non-recurring operating income | 76A | €16,477 | €0 | -€16,477 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,259 | €26,640 | +€9,381 | +54.4% |
| Other operating charges | 640/8 | €1,746 | €6,568 | +€4,822 | +276% |
| Non-recurring operating charges | 66A | - | €3,445 | +€3,445 | |
| Gross operating margin | 9900 | €253,561 | €171,008 | -€82,553 | -32.6% |
| Operating profit (loss) | 9901 | €234,555 | €134,354 | -€100,201 | -42.7% |
| Financial income | 75/76B | €14,547 | €8,222 | -€6,325 | -43.5% |
| Recurring financial income | 75 | €14,547 | €8,222 | -€6,325 | -43.5% |
| Financial charges | 65/66B | €1,754 | €8,813 | +€7,059 | +402% |
| Recurring financial charges | 65 | €1,754 | €8,813 | +€7,059 | +402% |
| Profit (loss) for the period before taxes | 9903 | €247,347 | €133,763 | -€113,584 | -45.9% |
| Income taxes | 67/77 | €73,889 | €38,135 | -€35,754 | -48.4% |
| Profit (loss) for the period | 9904 | €173,458 | €95,628 | -€77,830 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €173,458 | €95,628 | -€77,830 | -44.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.