Vincenthof: 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.
What changed
Vincenthof
NACE 87.301, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€992,449
2024 · €1.1m-€119,109
Equity
€38.9m
2024 · €38.0m+€941,355
Cash
€935,563
2024 · €524,475+€411,088
Balance sheet total
€41.3m
2024 · €40.5m+€880,846
Largest movements
Assets
- Current investments +€1.5m
up €1.5m (+10.8%), from €13.5m to €15.0m
- Tangible fixed assets -€1.3m
down €1.3m (-5.1%), from €25.2m to €24.0m
of which Land and buildings: -€1.3m
Equity and liabilities
- Profit (loss) carried forward +€992,449
up €992,449 (+4.1%), from €24.0m to €25.0m
Income statement
- Staff costs +€510,454
up €510,454 (+3.3%), from €15.5m to €16.0m
- Turnover +€478,321
up €478,321 (+2.7%), from €17.8m to €18.3m
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.
Result 2024
€1.1m
Turnover
+€478,321
Other operating income
+€103,939
Goods and materials
-€6,067
Services and other goods
-€18,996
Staff costs
-€510,454
Depreciation
-€35,243
Write-downs
+€3,046
Other operating charges
+€54,545
Other operating items
-€233,710
Financial income
+€23,264
Financial charges
-€6,074
Taxes
+€28,320
Result 2025
€992,449
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.3m
Investment
-€1.9m
Financing
-€51,093
Cash 2024
€524,475
From operations (derived)
+€2.3m
Net result for the year
+€992,449
Depreciation
+€1.7m
Stocks and contracts
-€22,493
Receivables within one year
-€255,037
Deferred charges and accrued income
+€9,066
Debts within one year
-€84,992
Accrued charges and deferred income
+€24,482
Investment (derived)
-€1.9m
Investment in fixed assets (net)
-€393,029
Current investments
-€1.5m
Financing
-€51,093
Contributions, distributions and other
-€51,093
Cash 2025
€935,563
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,466,153 | €41,346,999 | +€880,846 | +2.2% |
| Fixed assets | 21/28 | €25,262,147 | €23,996,631 | -€1.3m | -5.0% |
| Intangible fixed assets | 21 | - | €25,660 | +€25,660 | |
| Tangible fixed assets | 22/27 | €25,247,147 | €23,955,971 | -€1.3m | -5.1% |
| Land and buildings | 22 | €24,545,264 | €23,291,962 | -€1.3m | -5.1% |
| Plant, machinery and equipment | 23 | €256,477 | €260,483 | +€4,007 | +1.6% |
| Furniture and vehicles | 24 | €435,316 | €336,336 | -€98,980 | -22.7% |
| Assets under construction and advance payments | 27 | €10,090 | €67,189 | +€57,099 | +566% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €15,000 | €15,000 | = | 0.0% |
| Shares | 284 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €15,204,006 | €17,350,368 | +€2.1m | +14.1% |
| Stocks and contracts in progress | 3 | €56,416 | €78,909 | +€22,493 | +39.9% |
| Stocks | 30/36 | €56,416 | €78,909 | +€22,493 | +39.9% |
| Raw materials and consumables | 30/31 | €56,416 | €78,909 | +€22,493 | +39.9% |
| Amounts receivable within one year | 40/41 | €948,274 | €1,203,310 | +€255,037 | +26.9% |
| Trade receivables | 40 | €948,274 | €1,203,310 | +€255,037 | +26.9% |
| Current investments | 50/53 | €13,533,957 | €15,000,767 | +€1.5m | +10.8% |
| Cash at bank and in hand | 54/58 | €524,475 | €935,563 | +€411,088 | +78.4% |
| Deferred charges and accrued income | 490/1 | €140,884 | €131,818 | -€9,066 | -6.4% |
| Total equity and liabilities | 10/49 | €40,466,153 | €41,346,999 | +€880,846 | +2.2% |
| Equity | 10/15 | €37,966,100 | €38,907,456 | +€941,355 | +2.5% |
| Contributions | 10/11 | €499,337 | €499,337 | = | 0.0% |
| Capital | 10 | €499,337 | €499,337 | = | 0.0% |
| Reserves | 13 | €13,300,000 | €13,300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,010,205 | €25,002,654 | +€992,449 | +4.1% |
| Investment grants | 15 | €156,558 | €105,465 | -€51,093 | -32.6% |
| Amounts payable | 17/49 | €2,500,053 | €2,439,544 | -€60,509 | -2.4% |
| Amounts payable within one year | 42/48 | €2,413,056 | €2,328,065 | -€84,992 | -3.5% |
| Trade debts | 44 | €209,643 | €248,965 | +€39,322 | +18.8% |
| Suppliers | 440/4 | €209,643 | €248,965 | +€39,322 | +18.8% |
| Taxes, remuneration and social security | 45 | €2,188,704 | €2,063,085 | -€125,619 | -5.7% |
| Taxes | 450/3 | €193,938 | €203,335 | +€9,397 | +4.8% |
| Remuneration and social security | 454/9 | €1,994,766 | €1,859,750 | -€135,016 | -6.8% |
| Accrued charges and deferred income | 492/3 | €86,996 | €111,479 | +€24,482 | +28.1% |
| Operating income | 70/76A | €20,958,119 | €21,309,135 | +€351,017 | +1.7% |
| Turnover | 70 | €17,771,716 | €18,250,037 | +€478,321 | +2.7% |
| Membership fees, donations, legacies and grants | 73 | €2,760,104 | €2,528,750 | -€231,354 | -8.4% |
| Other operating income | 74 | €426,246 | €530,185 | +€103,939 | +24.4% |
| Non-recurring operating income | 76A | €53 | €163 | +€111 | +211% |
| Operating charges | 60/66A | €19,905,691 | €20,421,328 | +€515,637 | +2.6% |
| Goods for resale, raw materials and consumables | 60 | €1,434,885 | €1,440,952 | +€6,067 | +0.4% |
| Purchases | 600/8 | €1,422,370 | €1,463,445 | +€41,075 | +2.9% |
| Change in stocks: decrease (increase) | 609 | €12,515 | -€22,493 | -€35,008 | |
| Services and other goods | 61 | €1,269,560 | €1,288,556 | +€18,996 | +1.5% |
| Remuneration, social security and pensions | 62 | €15,484,996 | €15,995,450 | +€510,454 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623,302 | €1,658,545 | +€35,243 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,046 | - | -€3,046 | |
| Other operating charges | 640/8 | €89,619 | €35,074 | -€54,545 | -60.9% |
| Non-recurring operating charges | 66A | €284 | €2,750 | +€2,467 | +870% |
| Operating profit (loss) | 9901 | €1,052,427 | €887,807 | -€164,620 | -15.6% |
| Financial income | 75/76B | €174,057 | €197,321 | +€23,264 | +13.4% |
| Recurring financial income | 75 | €174,057 | €197,321 | +€23,264 | +13.4% |
| Income from current assets | 751 | €155,019 | €64,790 | -€90,229 | -58.2% |
| Other financial income | 752/9 | €19,038 | €132,531 | +€113,493 | +596% |
| Financial charges | 65/66B | €20,120 | €26,193 | +€6,074 | +30.2% |
| Recurring financial charges | 65 | €20,120 | €26,193 | +€6,074 | +30.2% |
| Other financial charges | 652/9 | €20,120 | €26,193 | +€6,074 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €1,206,364 | €1,058,935 | -€147,429 | -12.2% |
| Income taxes | 67/77 | €94,806 | €66,486 | -€28,320 | -29.9% |
| Taxes | 670/3 | €94,806 | €66,486 | -€28,320 | -29.9% |
| Profit (loss) for the period | 9904 | €1,111,558 | €992,449 | -€119,109 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,111,558 | €992,449 | -€119,109 | -10.7% |
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 18 October 2026 via checked.be.