VINCE'IMMO: what changed
Two fiscal 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'IMMO
Largest movements
- Tangible fixed assets -€13,000
down €13,000 (-3.4%), from €378,608 to €365,608
- Debts after one year -€17,850
down €17,850 (-5.0%), from €354,196 to €336,346
- Financial charges -€3,226
down €3,226 (-19.9%), from €16,247 to €13,021
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.
Cash bridge derived
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 | €380,157 | €366,488 | -€13,669 | -3.6% |
| Fixed assets | 21/28 | €378,608 | €365,608 | -€13,000 | -3.4% |
| Tangible fixed assets | 22/27 | €378,608 | €365,608 | -€13,000 | -3.4% |
| Land and buildings | 22 | €378,608 | €365,608 | -€13,000 | -3.4% |
| Current assets | 29/58 | €1,549 | €879 | -€669 | -43.2% |
| Cash at bank and in hand | 54/58 | €1,549 | €79 | -€1,469 | -94.9% |
| Deferred charges and accrued income | 490/1 | - | €800 | +€800 | |
| Total equity and liabilities | 10/49 | €380,157 | €366,488 | -€13,669 | -3.6% |
| Equity | 10/15 | -€48,727 | -€45,484 | +€3,243 | +6.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,727 | -€65,484 | +€3,243 | +4.7% |
| Amounts payable | 17/49 | €428,885 | €411,972 | -€16,912 | -3.9% |
| Amounts payable after more than one year | 17 | €354,196 | €336,346 | -€17,850 | -5.0% |
| Financial debts | 170/4 | €354,196 | €336,346 | -€17,850 | -5.0% |
| Amounts payable within one year | 42/48 | €73,307 | €75,626 | +€2,319 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €19,943 | €17,850 | -€2,093 | -10.5% |
| Trade debts | 44 | €9 | €921 | +€912 | +9826.8% |
| Suppliers | 440/4 | €9 | €921 | +€912 | +9826.8% |
| Other amounts payable | 47/48 | €53,355 | €56,855 | +€3,500 | +6.6% |
| Accrued charges and deferred income | 492/3 | €1,381 | - | -€1,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,000 | €13,000 | -€0 | 0.0% |
| Other operating charges | 640/8 | €581 | €599 | +€18 | +3.1% |
| Gross operating margin | 9900 | €29,679 | €29,863 | +€184 | +0.6% |
| Operating profit (loss) | 9901 | €16,098 | €16,264 | +€167 | +1.0% |
| Financial charges | 65/66B | €16,247 | €13,021 | -€3,226 | -19.9% |
| Recurring financial charges | 65 | €16,247 | €13,021 | -€3,226 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€150 | €3,243 | +€3,393 | |
| Profit (loss) for the period | 9904 | -€150 | €3,243 | +€3,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€150 | €3,243 | +€3,393 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.