Vince Corp.: 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.
Vince Corp.
Largest movements
- Receivables within one year +€14,550
up €14,550 (+120%), from €12,155 to €26,705
of which Trade receivables: +€13,962
- Tangible fixed assets -€8,346
down €8,346 (-5.7%), from €147,693 to €139,346
of which Land and buildings: -€12,185
- Deferred charges and accrued income +€3,191
up €3,191 (+51.9%), from €6,152 to €9,344
- Debts after one year -€22,025
down €22,025 (-41.8%), from €52,644 to €30,618
- Other debts +€12,004
up €12,004 (+130%), from €9,204 to €21,207
- Trade debts +€8,460
up €8,460 (+87.2%), from €9,700 to €18,161
- Profit (loss) carried forward +€5,641
up €5,641 (+398%), from €1,418 to €7,059
- Tax, wage and social debts +€4,270
up €4,270 (+45.9%), from €9,303 to €13,572
- Gross operating margin +€17,570
up €17,570 (+84.2%), from €20,873 to €38,443
- Depreciation +€5,444
up €5,444 (+31.1%), from €17,507 to €22,951
- Taxes +€1,799
up €1,799 (+96.1%), from €1,871 to €3,670
- Financial charges -€790
down €790 (-18.2%), from €4,344 to €3,554
- Financial income -€434
down €434 (-71.6%), from €607 to €173
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 | €166,660 | €175,783 | +€9,123 | +5.5% |
| Fixed assets | 21/28 | €147,693 | €139,346 | -€8,346 | -5.7% |
| Tangible fixed assets | 22/27 | €147,693 | €139,346 | -€8,346 | -5.7% |
| Land and buildings | 22 | €102,673 | €90,488 | -€12,185 | -11.9% |
| Furniture and vehicles | 24 | - | €832 | +€832 | |
| Other tangible fixed assets | 26 | €45,020 | €48,026 | +€3,006 | +6.7% |
| Current assets | 29/58 | €18,967 | €36,437 | +€17,469 | +92.1% |
| Amounts receivable within one year | 40/41 | €12,155 | €26,705 | +€14,550 | +120% |
| Trade receivables | 40 | €9,238 | €23,199 | +€13,962 | +151% |
| Other amounts receivable | 41 | €2,917 | €3,506 | +€589 | +20.2% |
| Cash at bank and in hand | 54/58 | €661 | €388 | -€273 | -41.3% |
| Deferred charges and accrued income | 490/1 | €6,152 | €9,344 | +€3,191 | +51.9% |
| Total equity and liabilities | 10/49 | €166,660 | €175,783 | +€9,123 | +5.5% |
| Equity | 10/15 | €64,558 | €70,199 | +€5,641 | +8.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,740 | €50,740 | = | 0.0% |
| Distributable reserves | 133 | €50,740 | €50,740 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,418 | €7,059 | +€5,641 | +398% |
| Amounts payable | 17/49 | €102,102 | €105,584 | +€3,481 | +3.4% |
| Amounts payable after more than one year | 17 | €52,644 | €30,618 | -€22,025 | -41.8% |
| Financial debts | 170/4 | €52,644 | €30,618 | -€22,025 | -41.8% |
| Amounts payable within one year | 42/48 | €49,459 | €74,966 | +€25,507 | +51.6% |
| Current portion of amounts payable after more than one year | 42 | €21,252 | €22,025 | +€773 | +3.6% |
| Trade debts | 44 | €9,700 | €18,161 | +€8,460 | +87.2% |
| Suppliers | 440/4 | €9,700 | €18,161 | +€8,460 | +87.2% |
| Taxes, remuneration and social security | 45 | €9,303 | €13,572 | +€4,270 | +45.9% |
| Taxes | 450/3 | €9,303 | €13,572 | +€4,270 | +45.9% |
| Other amounts payable | 47/48 | €9,204 | €21,207 | +€12,004 | +130% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,507 | €22,951 | +€5,444 | +31.1% |
| Other operating charges | 640/8 | €2,937 | €2,799 | -€138 | -4.7% |
| Gross operating margin | 9900 | €20,873 | €38,443 | +€17,570 | +84.2% |
| Operating profit (loss) | 9901 | €429 | €12,692 | +€12,264 | +2,859% |
| Financial income | 75/76B | €607 | €173 | -€434 | -71.6% |
| Recurring financial income | 75 | €607 | €173 | -€434 | -71.6% |
| Financial charges | 65/66B | €4,344 | €3,554 | -€790 | -18.2% |
| Recurring financial charges | 65 | €4,344 | €3,554 | -€790 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,308 | €9,311 | +€12,619 | |
| Income taxes | 67/77 | €1,871 | €3,670 | +€1,799 | +96.1% |
| Profit (loss) for the period | 9904 | -€5,179 | €5,641 | +€10,820 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,179 | €5,641 | +€10,820 |
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 25 October 2026 via checked.be.