VINCENTIUS: 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.
VINCENTIUS
Largest movements
- Cash +€262,128
up €262,128 (+128.3%), from €204,364 to €466,492
mainly Current investments (+€250,000) and Depreciation (+€26,878)
- Current investments -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Tangible fixed assets -€16,460
down €16,460 (-4.4%), from €372,672 to €356,212
of which Plant, machinery and equipment: -€16,460
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€20,284
down €20,284 (-79.9%), from €25,399 to €5,115
- Taxes -€7,822
down €7,822 (-89.1%), from €8,781 to €958
- Gross operating margin -€7,353
down €7,353 (-18.6%), from €39,442 to €32,089
- Depreciation +€5,159
up €5,159 (+23.8%), from €21,719 to €26,878
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 | €1,134,689 | €1,123,662 | -€11,027 | -1.0% |
| Fixed assets | 21/28 | €372,672 | €356,212 | -€16,460 | -4.4% |
| Tangible fixed assets | 22/27 | €372,672 | €356,212 | -€16,460 | -4.4% |
| Land and buildings | 22 | €254,479 | €254,479 | = | 0.0% |
| Plant, machinery and equipment | 23 | €118,193 | €101,733 | -€16,460 | -13.9% |
| Current assets | 29/58 | €762,017 | €767,450 | +€5,433 | +0.7% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €576 | +€576 | |
| Other amounts receivable | 41 | - | €576 | +€576 | |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €204,364 | €466,492 | +€262,128 | +128.3% |
| Deferred charges and accrued income | 490/1 | €7,654 | €382 | -€7,272 | -95.0% |
| Total equity and liabilities | 10/49 | €1,134,689 | €1,123,662 | -€11,027 | -1.0% |
| Equity | 10/15 | €1,119,875 | €1,123,584 | +€3,708 | +0.3% |
| Contributions | 10/11 | €619,734 | €619,734 | = | 0.0% |
| Capital | 10 | €619,734 | €619,734 | = | 0.0% |
| Issued capital | 100 | €619,734 | €619,734 | = | 0.0% |
| Reserves | 13 | €61,973 | €61,973 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61,973 | €61,973 | = | 0.0% |
| Legal reserve | 130 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | €438,168 | €441,877 | +€3,708 | +0.8% |
| Amounts payable | 17/49 | €14,814 | €78 | -€14,736 | -99.5% |
| Amounts payable within one year | 42/48 | €13,782 | €78 | -€13,704 | -99.4% |
| Trade debts | 44 | €4,036 | €78 | -€3,958 | -98.1% |
| Suppliers | 440/4 | €4,036 | €78 | -€3,958 | -98.1% |
| Taxes, remuneration and social security | 45 | €7,153 | €0 | -€7,153 | -100.0% |
| Taxes | 450/3 | €7,153 | €0 | -€7,153 | -100.0% |
| Other amounts payable | 47/48 | €2,593 | €0 | -€2,593 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,032 | €0 | -€1,032 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,719 | €26,878 | +€5,159 | +23.8% |
| Other operating charges | 640/8 | €5,363 | €5,555 | +€192 | +3.6% |
| Gross operating margin | 9900 | €39,442 | €32,089 | -€7,353 | -18.6% |
| Operating profit (loss) | 9901 | €12,360 | -€344 | -€12,705 | |
| Financial income | 75/76B | €25,399 | €5,115 | -€20,284 | -79.9% |
| Recurring financial income | 75 | €25,399 | €5,115 | -€20,284 | -79.9% |
| Financial charges | 65/66B | €65 | €104 | +€39 | +60.7% |
| Recurring financial charges | 65 | €65 | €104 | +€39 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €37,695 | €4,667 | -€33,028 | -87.6% |
| Income taxes | 67/77 | €8,781 | €958 | -€7,822 | -89.1% |
| Profit (loss) for the period | 9904 | €28,914 | €3,708 | -€25,206 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,914 | €3,708 | -€25,206 | -87.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.