VINTRACO: 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.
VINTRACO
Largest movements
- Tangible fixed assets +€32,780
up €32,780 (+527.0%), from €6,220 to €39,000
of which Furniture and vehicles: +€31,454
- Receivables within one year -€12,627
down €12,627 (-27.7%), from €45,622 to €32,995
of which Other amounts receivable: -€9,788
- Cash +€7,959
up €7,959 (+87.2%), from €9,123 to €17,082
mainly Debts after one year (+€27,495) and Net result for the year (+€15,507)
- Deferred charges and accrued income +€3,801
up €3,801 (+733.3%), from €518 to €4,320
- Debts after one year +€27,495
new in 2025: €27,495
- Profit (loss) carried forward +€15,507
up €15,507 (+66.9%), from -€23,190 to -€7,683
- Other debts -€13,327
down €13,327 (-23.4%), from €56,937 to €43,610
- Trade debts -€10,526
down €10,526 (-43.7%), from €24,093 to €13,567
- Current portion of long-term debt +€7,173
new in 2025: €7,173
- Depreciation +€5,869
up €5,869 (+7042.6%), from €83 to €5,953
- Gross operating margin -€2,287
down €2,287 (-8.8%), from €26,097 to €23,810
- Other operating charges +€1,509
up €1,509 (+271.1%), from €557 to €2,066
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 | €62,875 | €94,789 | +€31,913 | +50.8% |
| Fixed assets | 21/28 | €7,611 | €40,392 | +€32,780 | +430.7% |
| Tangible fixed assets | 22/27 | €6,220 | €39,000 | +€32,780 | +527.0% |
| Plant, machinery and equipment | 23 | €5,918 | €7,245 | +€1,326 | +22.4% |
| Furniture and vehicles | 24 | €302 | €31,756 | +€31,454 | +10420.7% |
| Financial fixed assets | 28 | €1,392 | €1,392 | = | 0.0% |
| Current assets | 29/58 | €55,264 | €54,397 | -€867 | -1.6% |
| Amounts receivable within one year | 40/41 | €45,622 | €32,995 | -€12,627 | -27.7% |
| Trade receivables | 40 | €26,362 | €23,522 | -€2,840 | -10.8% |
| Other amounts receivable | 41 | €19,260 | €9,473 | -€9,788 | -50.8% |
| Cash at bank and in hand | 54/58 | €9,123 | €17,082 | +€7,959 | +87.2% |
| Deferred charges and accrued income | 490/1 | €518 | €4,320 | +€3,801 | +733.3% |
| Total equity and liabilities | 10/49 | €62,875 | €94,789 | +€31,913 | +50.8% |
| Equity | 10/15 | -€18,190 | -€2,683 | +€15,507 | +85.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,190 | -€7,683 | +€15,507 | +66.9% |
| Amounts payable | 17/49 | €81,066 | €97,472 | +€16,406 | +20.2% |
| Amounts payable after more than one year | 17 | - | €27,495 | +€27,495 | |
| Financial debts | 170/4 | - | €27,495 | +€27,495 | |
| Amounts payable within one year | 42/48 | €81,031 | €69,959 | -€11,071 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,173 | +€7,173 | |
| Trade debts | 44 | €24,093 | €13,567 | -€10,526 | -43.7% |
| Suppliers | 440/4 | €24,093 | €13,567 | -€10,526 | -43.7% |
| Taxes, remuneration and social security | 45 | - | €5,610 | +€5,610 | |
| Taxes | 450/3 | - | €5,610 | +€5,610 | |
| Other amounts payable | 47/48 | €56,937 | €43,610 | -€13,327 | -23.4% |
| Accrued charges and deferred income | 492/3 | €35 | €17 | -€17 | -49.7% |
| Non-recurring operating income | 76A | €217 | - | -€217 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €5,953 | +€5,869 | +7042.6% |
| Other operating charges | 640/8 | €557 | €2,066 | +€1,509 | +271.1% |
| Gross operating margin | 9900 | €26,097 | €23,810 | -€2,287 | -8.8% |
| Operating profit (loss) | 9901 | €25,457 | €15,791 | -€9,666 | -38.0% |
| Financial income | 75/76B | €8 | €41 | +€33 | +410.0% |
| Recurring financial income | 75 | €8 | €41 | +€33 | +410.0% |
| Financial charges | 65/66B | €192 | €285 | +€92 | +48.1% |
| Recurring financial charges | 65 | €192 | €285 | +€92 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €25,273 | €15,547 | -€9,726 | -38.5% |
| Income taxes | 67/77 | - | €40 | +€40 | |
| Profit (loss) for the period | 9904 | €25,273 | €15,507 | -€9,766 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,273 | €15,507 | -€9,766 | -38.6% |
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 11 October 2026 via checked.be.