VINMAX: 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.
VINMAX
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€110,555
up €110,555 (+44.2%), from €250,000 to €360,555
- Debts after one year -€92,857
down €92,857 (-20.0%), from €464,286 to €371,429
- Reserves -€21,391
down €21,391 (-23.1%), from €92,803 to €71,412
- Financial income -€137,184
down €137,184 (-100%), from €137,184 to €0
- Financial charges -€20,919
down €20,919 (-57.3%), from €36,500 to €15,581
- Purchases and services -€7,398
no longer reported in 2024 (was €7,398)
- Gross operating margin +€2,455
up €2,455 (+37.1%), from -€6,624 to -€4,169
- Turnover -€774
no longer reported in 2024 (was €774)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €910,756 | €907,062 | -€3,694 | -0.4% |
| Fixed assets | 21/28 | €905,710 | €904,193 | -€1,517 | -0.2% |
| Tangible fixed assets | 22/27 | €5,710 | €4,193 | -€1,517 | -26.6% |
| Furniture and vehicles | 24 | €5,710 | €4,193 | -€1,517 | -26.6% |
| Financial fixed assets | 28 | €900,000 | €900,000 | = | 0.0% |
| Current assets | 29/58 | €5,046 | €2,870 | -€2,176 | -43.1% |
| Amounts receivable within one year | 40/41 | €126 | €381 | +€255 | +202% |
| Other amounts receivable | 41 | €126 | €381 | +€255 | +202% |
| Cash at bank and in hand | 54/58 | €4,920 | €2,489 | -€2,431 | -49.4% |
| Total equity and liabilities | 10/49 | €910,756 | €907,062 | -€3,694 | -0.4% |
| Equity | 10/15 | €102,803 | €81,412 | -€21,391 | -20.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €92,803 | €71,412 | -€21,391 | -23.1% |
| Distributable reserves | 133 | €92,803 | €71,412 | -€21,391 | -23.1% |
| Amounts payable | 17/49 | €807,953 | €825,651 | +€17,698 | +2.2% |
| Amounts payable after more than one year | 17 | €464,286 | €371,429 | -€92,857 | -20.0% |
| Financial debts | 170/4 | €464,286 | €371,429 | -€92,857 | -20.0% |
| Amounts payable within one year | 42/48 | €343,667 | €454,222 | +€110,555 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €92,857 | €92,857 | +€0 | 0.0% |
| Trade debts | 44 | €810 | €810 | = | 0.0% |
| Suppliers | 440/4 | €810 | €810 | = | 0.0% |
| Other amounts payable | 47/48 | €250,000 | €360,555 | +€110,555 | +44.2% |
| Turnover | 70 | €774 | - | -€774 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,398 | - | -€7,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,257 | €1,518 | +€261 | +20.7% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | -€6,624 | -€4,169 | +€2,455 | +37.1% |
| Operating profit (loss) | 9901 | -€7,881 | -€5,811 | +€2,070 | +26.3% |
| Financial income | 75/76B | €137,184 | €0 | -€137,184 | -100% |
| Recurring financial income | 75 | €137,184 | €0 | -€137,184 | -100% |
| Financial charges | 65/66B | €36,500 | €15,581 | -€20,919 | -57.3% |
| Recurring financial charges | 65 | €36,500 | €15,581 | -€20,919 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €92,803 | -€21,392 | -€114,195 | |
| Profit (loss) for the period | 9904 | €92,803 | -€21,392 | -€114,195 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,803 | -€21,392 | -€114,195 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.