VINC SRL: 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.
VINC SRL
Largest movements
- Tangible fixed assets -€22,526
down €22,526 (-21.3%), from €105,516 to €82,990
of which Plant, machinery and equipment: -€19,653
- Cash +€15,597
up €15,597 (+18.1%), from €86,383 to €101,980
mainly Depreciation (+€29,173) and Net result for the year (+€18,970)
- Deferred charges and accrued income -€7,695
down €7,695 (-91.4%), from €8,418 to €723
- Stocks and contracts +€4,720
up €4,720 (+67.4%), from €7,003 to €11,723
- Debts after one year -€30,511
down €30,511 (-16.8%), from €181,893 to €151,382
- Profit (loss) carried forward +€18,970
up €18,970 (+81.8%), from €23,196 to €42,165
- Tax, wage and social debts +€11,525
up €11,525 (+28.6%), from €40,333 to €51,858
of which Taxes: +€10,233
- Trade debts -€7,957
down €7,957 (-18.9%), from €42,185 to €34,228
- Other debts -€7,111
down €7,111 (-36.1%), from €19,718 to €12,607
- Staff costs -€21,675
down €21,675 (-8.3%), from €261,300 to €239,625
- Gross operating margin -€6,311
down €6,311 (-2.0%), from €316,578 to €310,268
- Taxes +€6,194
up €6,194 (+98.2%), from €6,310 to €12,504
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 | €327,785 | €312,700 | -€15,085 | -4.6% |
| Fixed assets | 21/28 | €114,573 | €89,783 | -€24,790 | -21.6% |
| Intangible fixed assets | 21 | €9,057 | €6,793 | -€2,264 | -25.0% |
| Tangible fixed assets | 22/27 | €105,516 | €82,990 | -€22,526 | -21.3% |
| Plant, machinery and equipment | 23 | €92,884 | €73,232 | -€19,653 | -21.2% |
| Furniture and vehicles | 24 | €10,856 | €7,983 | -€2,873 | -26.5% |
| Assets under construction and advance payments | 27 | €1,775 | €1,775 | = | 0.0% |
| Current assets | 29/58 | €213,212 | €222,918 | +€9,705 | +4.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,003 | €11,723 | +€4,720 | +67.4% |
| Stocks | 30/36 | €7,003 | €11,723 | +€4,720 | +67.4% |
| Amounts receivable within one year | 40/41 | €11,409 | €8,492 | -€2,917 | -25.6% |
| Trade receivables | 40 | €7,631 | €6,777 | -€854 | -11.2% |
| Other amounts receivable | 41 | €3,778 | €1,715 | -€2,063 | -54.6% |
| Cash at bank and in hand | 54/58 | €86,383 | €101,980 | +€15,597 | +18.1% |
| Deferred charges and accrued income | 490/1 | €8,418 | €723 | -€7,695 | -91.4% |
| Total equity and liabilities | 10/49 | €327,785 | €312,700 | -€15,085 | -4.6% |
| Equity | 10/15 | €43,656 | €62,625 | +€18,970 | +43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,196 | €42,165 | +€18,970 | +81.8% |
| Amounts payable | 17/49 | €284,129 | €250,075 | -€34,054 | -12.0% |
| Amounts payable after more than one year | 17 | €181,893 | €151,382 | -€30,511 | -16.8% |
| Financial debts | 170/4 | €181,893 | €151,382 | -€30,511 | -16.8% |
| Amounts payable within one year | 42/48 | €102,236 | €98,693 | -€3,543 | -3.5% |
| Trade debts | 44 | €42,185 | €34,228 | -€7,957 | -18.9% |
| Suppliers | 440/4 | €42,185 | €34,228 | -€7,957 | -18.9% |
| Taxes, remuneration and social security | 45 | €40,333 | €51,858 | +€11,525 | +28.6% |
| Taxes | 450/3 | €10,631 | €20,864 | +€10,233 | +96.3% |
| Remuneration and social security | 454/9 | €29,702 | €30,994 | +€1,291 | +4.3% |
| Other amounts payable | 47/48 | €19,718 | €12,607 | -€7,111 | -36.1% |
| Remuneration, social security and pensions | 62 | €261,300 | €239,625 | -€21,675 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,381 | €29,173 | -€2,208 | -7.0% |
| Other operating charges | 640/8 | €9,103 | €6,669 | -€2,435 | -26.7% |
| Gross operating margin | 9900 | €316,578 | €310,268 | -€6,311 | -2.0% |
| Operating profit (loss) | 9901 | €14,794 | €34,800 | +€20,007 | +135% |
| Financial income | 75/76B | €2,000 | €2,000 | = | 0.0% |
| Recurring financial income | 75 | €2,000 | €2,000 | = | 0.0% |
| Financial charges | 65/66B | €6,496 | €5,327 | -€1,169 | -18.0% |
| Recurring financial charges | 65 | €6,496 | €5,327 | -€1,169 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €10,298 | €31,473 | +€21,175 | +206% |
| Income taxes | 67/77 | €6,310 | €12,504 | +€6,194 | +98.2% |
| Profit (loss) for the period | 9904 | €3,988 | €18,970 | +€14,981 | +376% |
| Profit (loss) for the period to be appropriated | 9905 | €3,988 | €18,970 | +€14,981 | +376% |
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.