VINCK PROJECTS: 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.
VINCK PROJECTS
Largest movements
- Receivables within one year +€10,625
up €10,625 (+67.4%), from €15,768 to €26,393
- Tangible fixed assets -€5,624
down €5,624 (-5.5%), from €102,939 to €97,315
of which Land and buildings: -€5,288
- Cash +€2,058
up €2,058 (+128.7%), from €1,599 to €3,658
mainly Net result for the year (+€7,144) and Depreciation (+€5,624)
- Profit (loss) carried forward +€7,144
up €7,144 (+6.5%), from €110,750 to €117,895
- Depreciation -€1,763
down €1,763 (-23.9%), from €7,386 to €5,624
- Financial income +€710
up €710 (+126.7%), from €561 to €1,271
- Other operating charges -€610
down €610 (-49.0%), from €1,246 to €636
- Gross operating margin +€377
up €377 (+3.2%), from €11,879 to €12,256
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 | €120,306 | €127,366 | +€7,060 | +5.9% |
| Fixed assets | 21/28 | €102,939 | €97,315 | -€5,624 | -5.5% |
| Tangible fixed assets | 22/27 | €102,939 | €97,315 | -€5,624 | -5.5% |
| Land and buildings | 22 | €101,788 | €96,500 | -€5,288 | -5.2% |
| Plant, machinery and equipment | 23 | €1,151 | €815 | -€336 | -29.2% |
| Current assets | 29/58 | €17,367 | €30,051 | +€12,684 | +73.0% |
| Amounts receivable within one year | 40/41 | €15,768 | €26,393 | +€10,625 | +67.4% |
| Other amounts receivable | 41 | €15,768 | €26,393 | +€10,625 | +67.4% |
| Cash at bank and in hand | 54/58 | €1,599 | €3,658 | +€2,058 | +128.7% |
| Total equity and liabilities | 10/49 | €120,306 | €127,366 | +€7,060 | +5.9% |
| Equity | 10/15 | €118,810 | €125,955 | +€7,144 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,750 | €117,895 | +€7,144 | +6.5% |
| Amounts payable | 17/49 | €1,495 | €1,411 | -€85 | -5.7% |
| Amounts payable within one year | 42/48 | €1,108 | €1,411 | +€303 | +27.3% |
| Trade debts | 44 | €1,108 | €1,411 | +€303 | +27.3% |
| Suppliers | 440/4 | €1,108 | €1,411 | +€303 | +27.3% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,386 | €5,624 | -€1,763 | -23.9% |
| Other operating charges | 640/8 | €1,246 | €636 | -€610 | -49.0% |
| Gross operating margin | 9900 | €11,879 | €12,256 | +€377 | +3.2% |
| Operating profit (loss) | 9901 | €3,247 | €5,996 | +€2,750 | +84.7% |
| Financial income | 75/76B | €561 | €1,271 | +€710 | +126.7% |
| Recurring financial income | 75 | €561 | €1,271 | +€710 | +126.7% |
| Financial charges | 65/66B | €26 | €123 | +€97 | +376.0% |
| Recurring financial charges | 65 | €26 | €123 | +€97 | +376.0% |
| Profit (loss) for the period before taxes | 9903 | €3,782 | €7,144 | +€3,363 | +88.9% |
| Profit (loss) for the period | 9904 | €3,782 | €7,144 | +€3,363 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,782 | €7,144 | +€3,363 | +88.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.