VINCENT COMPUTERS & CONSTRUCTIONS: 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.
VINCENT COMPUTERS & CONSTRUCTIONS
Largest movements
- Tangible fixed assets -€27,058
down €27,058 (-4.5%), from €602,141 to €575,083
of which Land and buildings: -€25,953
- Debts after one year -€65,534
down €65,534 (-9.6%), from €685,353 to €619,819
- Other debts +€32,466
up €32,466 (+74.0%), from €43,873 to €76,340
- Reserves +€11,800
up €11,800 (+12.1%), from €97,359 to €109,159
- Gross operating margin +€8,888
up €8,888 (+18.0%), from €49,425 to €58,314
- Financial charges -€6,191
down €6,191 (-37.0%), from €16,742 to €10,551
- Other operating charges +€2,312
up €2,312 (+42.8%), from €5,397 to €7,708
- Taxes +€1,180
new in 2025: €1,180
- Depreciation +€590
up €590 (+2.2%), from €26,468 to €27,058
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 | €1,070,573 | €1,042,294 | -€28,280 | -2.6% |
| Fixed assets | 21/28 | €1,042,190 | €1,015,132 | -€27,058 | -2.6% |
| Tangible fixed assets | 22/27 | €602,141 | €575,083 | -€27,058 | -4.5% |
| Land and buildings | 22 | €591,610 | €565,656 | -€25,953 | -4.4% |
| Plant, machinery and equipment | 23 | €10,531 | €9,427 | -€1,105 | -10.5% |
| Financial fixed assets | 28 | €440,050 | €440,050 | = | 0.0% |
| Current assets | 29/58 | €28,383 | €27,161 | -€1,222 | -4.3% |
| Amounts receivable within one year | 40/41 | €86 | €37 | -€48 | -56.5% |
| Other amounts receivable | 41 | €86 | €37 | -€48 | -56.5% |
| Current investments | 50/53 | €18,600 | €13,320 | -€5,280 | -28.4% |
| Cash at bank and in hand | 54/58 | €5,736 | €11,857 | +€6,121 | +106.7% |
| Deferred charges and accrued income | 490/1 | €3,961 | €1,947 | -€2,015 | -50.9% |
| Total equity and liabilities | 10/49 | €1,070,573 | €1,042,294 | -€28,280 | -2.6% |
| Equity | 10/15 | €265,666 | €275,833 | +€10,167 | +3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €97,359 | €109,159 | +€11,800 | +12.1% |
| Distributable reserves | 133 | €97,359 | €109,159 | +€11,800 | +12.1% |
| Profit (loss) carried forward | 14 | €149,715 | €148,082 | -€1,633 | -1.1% |
| Amounts payable | 17/49 | €804,907 | €766,460 | -€38,446 | -4.8% |
| Amounts payable after more than one year | 17 | €685,353 | €619,819 | -€65,534 | -9.6% |
| Financial debts | 170/4 | €685,353 | €619,819 | -€65,534 | -9.6% |
| Amounts payable within one year | 42/48 | €113,493 | €146,642 | +€33,149 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €67,980 | €69,035 | +€1,055 | +1.6% |
| Trade debts | 44 | €1,639 | €92 | -€1,547 | -94.4% |
| Suppliers | 440/4 | €1,639 | €92 | -€1,547 | -94.4% |
| Taxes, remuneration and social security | 45 | - | €1,175 | +€1,175 | |
| Taxes | 450/3 | - | €1,175 | +€1,175 | |
| Other amounts payable | 47/48 | €43,873 | €76,340 | +€32,466 | +74.0% |
| Accrued charges and deferred income | 492/3 | €6,062 | - | -€6,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,468 | €27,058 | +€590 | +2.2% |
| Other operating charges | 640/8 | €5,397 | €7,708 | +€2,312 | +42.8% |
| Gross operating margin | 9900 | €49,425 | €58,314 | +€8,888 | +18.0% |
| Operating profit (loss) | 9901 | €17,560 | €23,547 | +€5,987 | +34.1% |
| Financial income | 75/76B | €161 | €16 | -€145 | -89.9% |
| Recurring financial income | 75 | €161 | €16 | -€145 | -89.9% |
| Financial charges | 65/66B | €16,742 | €10,551 | -€6,191 | -37.0% |
| Recurring financial charges | 65 | €16,742 | €10,551 | -€6,191 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €979 | €13,013 | +€12,033 | +1228.8% |
| Income taxes | 67/77 | - | €1,180 | +€1,180 | |
| Profit (loss) for the period | 9904 | €979 | €11,833 | +€10,853 | +1108.3% |
| Profit (loss) for the period to be appropriated | 9905 | €979 | €11,833 | +€10,853 | +1108.3% |
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 5 October 2026 via checked.be.