VINZZ: 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.
VINZZ
Largest movements
- Receivables within one year +€30,019
up €30,019 (+39.1%), from €76,768 to €106,787
of which Trade receivables: +€20,519
- Tangible fixed assets -€24,166
down €24,166 (-7.6%), from €316,123 to €291,958
of which Land and buildings: -€24,491
- Debts after one year -€21,194
down €21,194 (-8.6%), from €247,721 to €226,526
- Current portion of long-term debt -€18,421
down €18,421 (-46.5%), from €39,615 to €21,194
- Other debts +€14,901
up €14,901 (+70.2%), from €21,212 to €36,112
- Tax, wage and social debts +€14,428
up €14,428 (+109%), from €13,189 to €27,617
of which Taxes: +€12,519
- Reserves +€12,155
up €12,155 (+119%), from €10,223 to €22,377
of which Distributable reserves: +€12,155
- Depreciation -€17,988
down €17,988 (-34.3%), from €52,384 to €34,395
- Gross operating margin -€7,206
down €7,206 (-9.8%), from €73,829 to €66,623
- Taxes +€5,641
up €5,641 (+94.6%), from €5,961 to €11,602
- Financial charges -€4,912
down €4,912 (-46.3%), from €10,619 to €5,707
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 | €402,003 | €404,095 | +€2,092 | +0.5% |
| Fixed assets | 21/28 | €316,523 | €292,358 | -€24,166 | -7.6% |
| Tangible fixed assets | 22/27 | €316,123 | €291,958 | -€24,166 | -7.6% |
| Land and buildings | 22 | €248,236 | €223,745 | -€24,491 | -9.9% |
| Plant, machinery and equipment | 23 | €36,537 | €31,996 | -€4,541 | -12.4% |
| Furniture and vehicles | 24 | €31,350 | €36,217 | +€4,867 | +15.5% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €85,480 | €111,737 | +€26,258 | +30.7% |
| Amounts receivable within one year | 40/41 | €76,768 | €106,787 | +€30,019 | +39.1% |
| Trade receivables | 40 | €1,213 | €21,732 | +€20,519 | +1,692% |
| Other amounts receivable | 41 | €75,555 | €85,055 | +€9,500 | +12.6% |
| Cash at bank and in hand | 54/58 | €7,712 | €4,951 | -€2,762 | -35.8% |
| Deferred charges and accrued income | 490/1 | €1,000 | - | -€1,000 | |
| Total equity and liabilities | 10/49 | €402,003 | €404,095 | +€2,092 | +0.5% |
| Equity | 10/15 | €45,660 | €57,814 | +€12,155 | +26.6% |
| Contributions | 10/11 | €11,100 | €11,100 | = | 0.0% |
| Contributions outside capital | 11 | €11,100 | €11,100 | = | 0.0% |
| Other | 1109/19 | €11,100 | €11,100 | = | 0.0% |
| Reserves | 13 | €10,223 | €22,377 | +€12,155 | +119% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,363 | €20,517 | +€12,155 | +145% |
| Profit (loss) carried forward | 14 | €24,337 | €24,337 | = | 0.0% |
| Amounts payable | 17/49 | €356,343 | €346,281 | -€10,063 | -2.8% |
| Amounts payable after more than one year | 17 | €247,721 | €226,526 | -€21,194 | -8.6% |
| Financial debts | 170/4 | €247,721 | €226,526 | -€21,194 | -8.6% |
| Amounts payable within one year | 42/48 | €107,597 | €118,728 | +€11,131 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €39,615 | €21,194 | -€18,421 | -46.5% |
| Trade debts | 44 | €33,581 | €33,805 | +€224 | +0.7% |
| Suppliers | 440/4 | €33,581 | €33,805 | +€224 | +0.7% |
| Taxes, remuneration and social security | 45 | €13,189 | €27,617 | +€14,428 | +109% |
| Taxes | 450/3 | €13,189 | €25,708 | +€12,519 | +94.9% |
| Remuneration and social security | 454/9 | - | €1,909 | +€1,909 | |
| Other amounts payable | 47/48 | €21,212 | €36,112 | +€14,901 | +70.2% |
| Accrued charges and deferred income | 492/3 | €1,026 | €1,026 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,384 | €34,395 | -€17,988 | -34.3% |
| Other operating charges | 640/8 | €2,921 | €2,764 | -€156 | -5.4% |
| Gross operating margin | 9900 | €73,829 | €66,623 | -€7,206 | -9.8% |
| Operating profit (loss) | 9901 | €18,525 | €29,464 | +€10,938 | +59.0% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €10,619 | €5,707 | -€4,912 | -46.3% |
| Recurring financial charges | 65 | €10,619 | €5,707 | -€4,912 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €7,940 | €23,757 | +€15,816 | +199% |
| Income taxes | 67/77 | €5,961 | €11,602 | +€5,641 | +94.6% |
| Profit (loss) for the period | 9904 | €1,979 | €12,155 | +€10,175 | +514% |
| Profit (loss) for the period to be appropriated | 9905 | €1,979 | €12,155 | +€10,175 | +514% |
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 20 October 2026 via checked.be.