VITRO GINO: 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.
VITRO GINO
Largest movements
- Cash +€253,652
up €253,652 (+189%), from €134,159 to €387,811
mainly Net result for the year (+€196,936) and Other debts (+€162,645)
- Receivables within one year -€58,919
down €58,919 (-11.6%), from €508,802 to €449,883
of which Trade receivables: -€49,825
- Tangible fixed assets -€33,646
down €33,646 (-12.0%), from €280,726 to €247,080
of which Land and buildings: -€22,106
- Other debts +€162,645
up €162,645 (+257%), from €63,275 to €225,920
- Debts after one year -€28,448
down €28,448 (-31.8%), from €89,389 to €60,941
- Current portion of long-term debt +€14,288
new in 2025: €14,288
- Tax, wage and social debts +€14,241
up €14,241 (+22.1%), from €64,324 to €78,564
of which Remuneration and social security: +€11,447
- Gross operating margin +€96,934
up €96,934 (+13.8%), from €704,234 to €801,168
- Staff costs +€58,276
up €58,276 (+14.5%), from €401,229 to €459,505
- Taxes +€10,749
up €10,749 (+14.0%), from €76,894 to €87,644
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 | €931,181 | €1,093,535 | +€162,353 | +17.4% |
| Fixed assets | 21/28 | €280,726 | €247,080 | -€33,646 | -12.0% |
| Tangible fixed assets | 22/27 | €280,726 | €247,080 | -€33,646 | -12.0% |
| Land and buildings | 22 | €212,842 | €190,736 | -€22,106 | -10.4% |
| Plant, machinery and equipment | 23 | €4,661 | €5,812 | +€1,151 | +24.7% |
| Furniture and vehicles | 24 | €63,223 | €50,532 | -€12,691 | -20.1% |
| Current assets | 29/58 | €650,455 | €846,454 | +€195,999 | +30.1% |
| Amounts receivable within one year | 40/41 | €508,802 | €449,883 | -€58,919 | -11.6% |
| Trade receivables | 40 | €468,011 | €418,186 | -€49,825 | -10.6% |
| Other amounts receivable | 41 | €40,791 | €31,696 | -€9,095 | -22.3% |
| Cash at bank and in hand | 54/58 | €134,159 | €387,811 | +€253,652 | +189% |
| Deferred charges and accrued income | 490/1 | €7,494 | €8,761 | +€1,267 | +16.9% |
| Total equity and liabilities | 10/49 | €931,181 | €1,093,535 | +€162,353 | +17.4% |
| Equity | 10/15 | €692,004 | €681,640 | -€10,364 | -1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €685,804 | €675,440 | -€10,364 | -1.5% |
| Distributable reserves | 133 | €685,804 | €675,440 | -€10,364 | -1.5% |
| Amounts payable | 17/49 | €239,177 | €411,894 | +€172,717 | +72.2% |
| Amounts payable after more than one year | 17 | €89,389 | €60,941 | -€28,448 | -31.8% |
| Financial debts | 170/4 | €89,389 | €60,941 | -€28,448 | -31.8% |
| Amounts payable within one year | 42/48 | €149,094 | €350,240 | +€201,146 | +135% |
| Current portion of amounts payable after more than one year | 42 | - | €14,288 | +€14,288 | |
| Trade debts | 44 | €21,496 | €31,468 | +€9,972 | +46.4% |
| Suppliers | 440/4 | €21,496 | €31,468 | +€9,972 | +46.4% |
| Taxes, remuneration and social security | 45 | €64,324 | €78,564 | +€14,241 | +22.1% |
| Taxes | 450/3 | €20,720 | €23,514 | +€2,793 | +13.5% |
| Remuneration and social security | 454/9 | €43,604 | €55,051 | +€11,447 | +26.3% |
| Other amounts payable | 47/48 | €63,275 | €225,920 | +€162,645 | +257% |
| Accrued charges and deferred income | 492/3 | €693 | €713 | +€19 | +2.8% |
| Non-recurring operating income | 76A | €11,944 | €12 | -€11,932 | -99.9% |
| Remuneration, social security and pensions | 62 | €401,229 | €459,505 | +€58,276 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,734 | €44,338 | -€395 | -0.9% |
| Other operating charges | 640/8 | €3,568 | €3,018 | -€551 | -15.4% |
| Non-recurring operating charges | 66A | - | €8,661 | +€8,661 | |
| Gross operating margin | 9900 | €704,234 | €801,168 | +€96,934 | +13.8% |
| Operating profit (loss) | 9901 | €254,702 | €285,646 | +€30,943 | +12.1% |
| Financial income | 75/76B | €12 | €67 | +€55 | +451% |
| Recurring financial income | 75 | €12 | €67 | +€55 | +451% |
| Financial charges | 65/66B | €1,117 | €1,133 | +€16 | +1.4% |
| Recurring financial charges | 65 | €1,117 | €1,133 | +€16 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €253,598 | €284,580 | +€30,982 | +12.2% |
| Income taxes | 67/77 | €76,894 | €87,644 | +€10,749 | +14.0% |
| Profit (loss) for the period | 9904 | €176,703 | €196,936 | +€20,233 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €176,703 | €196,936 | +€20,233 | +11.5% |
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 18 October 2026 via checked.be.