NICK VAN VYNCKT: what changed
NICK VAN VYNCKT
Largest movements
- Tangible fixed assets +€31,989
up €31,989 (+960%), from €3,331 to €35,320
of which Furniture and vehicles: +€32,256
- Cash +€28,547
up €28,547 (+62.8%), from €45,440 to €73,988
mainly Net result for the year (+€39,635) and Debts after one year (+€20,119)
- Receivables within one year +€16,153
up €16,153 (+139%), from €11,592 to €27,745
of which Trade receivables: +€14,879
- Reserves +€39,635
up €39,635 (+565%), from €7,012 to €46,646
- Debts after one year +€20,119
up €20,119 (+17.1%), from €117,692 to €137,811
- Tax, wage and social debts +€9,725
up €9,725 (+112%), from €8,688 to €18,413
of which Taxes: +€5,889
- Trade debts +€5,043
up €5,043 (+856%), from €589 to €5,632
- Current portion of long-term debt +€4,614
up €4,614 (+48.2%), from €9,581 to €14,195
- Gross operating margin +€17,108
up €17,108 (+28.9%), from €59,253 to €76,361
- Staff costs +€12,207
new in 2026: €12,207
- Depreciation +€3,204
up €3,204 (+56.7%), from €5,655 to €8,859
- Financial charges +€2,096
up €2,096 (+78.5%), from €2,669 to €4,765
- Other operating charges -€1,741
down €1,741 (-60.3%), from €2,889 to €1,148
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,363 | €317,053 | +€76,689 | +31.9% |
| Fixed assets | 21/28 | €3,331 | €35,320 | +€31,989 | +960% |
| Tangible fixed assets | 22/27 | €3,331 | €35,320 | +€31,989 | +960% |
| Plant, machinery and equipment | 23 | €1,222 | €954 | -€268 | -21.9% |
| Furniture and vehicles | 24 | €2,109 | €34,366 | +€32,256 | +1,529% |
| Current assets | 29/58 | €237,032 | €281,733 | +€44,701 | +18.9% |
| Stocks and contracts in progress | 3 | €180,000 | €180,000 | = | 0.0% |
| Stocks | 30/36 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,592 | €27,745 | +€16,153 | +139% |
| Trade receivables | 40 | €11,592 | €26,471 | +€14,879 | +128% |
| Other amounts receivable | 41 | - | €1,274 | +€1,274 | |
| Cash at bank and in hand | 54/58 | €45,440 | €73,988 | +€28,547 | +62.8% |
| Total equity and liabilities | 10/49 | €240,363 | €317,053 | +€76,689 | +31.9% |
| Equity | 10/15 | €25,612 | €65,246 | +€39,635 | +155% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,012 | €46,646 | +€39,635 | +565% |
| Distributable reserves | 133 | €7,012 | €46,646 | +€39,635 | +565% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,752 | €251,806 | +€37,055 | +17.3% |
| Amounts payable after more than one year | 17 | €117,692 | €137,811 | +€20,119 | +17.1% |
| Financial debts | 170/4 | €117,692 | €137,811 | +€20,119 | +17.1% |
| Amounts payable within one year | 42/48 | €97,059 | €112,116 | +€15,057 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €9,581 | €14,195 | +€4,614 | +48.2% |
| Trade debts | 44 | €589 | €5,632 | +€5,043 | +856% |
| Suppliers | 440/4 | €589 | €5,632 | +€5,043 | +856% |
| Taxes, remuneration and social security | 45 | €8,688 | €18,413 | +€9,725 | +112% |
| Taxes | 450/3 | €8,688 | €14,577 | +€5,889 | +67.8% |
| Remuneration and social security | 454/9 | - | €3,836 | +€3,836 | |
| Other amounts payable | 47/48 | €78,201 | €73,876 | -€4,325 | -5.5% |
| Accrued charges and deferred income | 492/3 | - | €1,879 | +€1,879 | |
| Remuneration, social security and pensions | 62 | - | €12,207 | +€12,207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,655 | €8,859 | +€3,204 | +56.7% |
| Other operating charges | 640/8 | €2,889 | €1,148 | -€1,741 | -60.3% |
| Gross operating margin | 9900 | €59,253 | €76,361 | +€17,108 | +28.9% |
| Operating profit (loss) | 9901 | €50,708 | €54,147 | +€3,439 | +6.8% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €2,669 | €4,765 | +€2,096 | +78.5% |
| Recurring financial charges | 65 | €2,669 | €4,765 | +€2,096 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | €48,047 | €49,382 | +€1,335 | +2.8% |
| Income taxes | 67/77 | €11,164 | €9,747 | -€1,416 | -12.7% |
| Profit (loss) for the period | 9904 | €36,884 | €39,635 | +€2,751 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,884 | €39,635 | +€2,751 | +7.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.