VINCKE DIRK: 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.
VINCKE DIRK
Largest movements
- Cash +€93,759
up €93,759 (+67.2%), from €139,595 to €233,354
mainly Net result for the year (+€43,047) and Receivables after one year (+€43,000)
- Receivables after one year -€43,000
down €43,000 (-55.2%), from €77,900 to €34,900
- Receivables within one year -€32,372
down €32,372 (-70.0%), from €46,217 to €13,845
of which Trade receivables: -€30,374
- Tangible fixed assets -€31,308
down €31,308 (-14.7%), from €212,345 to €181,037
of which Land and buildings: -€20,304
- Debts after one year -€10,461
down €10,461 (-10.7%), from €97,602 to €87,141
- Gross operating margin +€24,589
up €24,589 (+32.8%), from €74,884 to €99,473
- Taxes -€5,175
down €5,175 (-21.3%), from €24,244 to €19,069
- Depreciation -€3,275
down €3,275 (-9.5%), from €34,583 to €31,308
- Financial charges -€2,014
down €2,014 (-35.0%), from €5,762 to €3,748
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,679 | €472,327 | -€12,352 | -2.5% |
| Fixed assets | 21/28 | €212,345 | €181,037 | -€31,308 | -14.7% |
| Tangible fixed assets | 22/27 | €212,345 | €181,037 | -€31,308 | -14.7% |
| Land and buildings | 22 | €183,748 | €163,444 | -€20,304 | -11.0% |
| Furniture and vehicles | 24 | €28,597 | €17,593 | -€11,004 | -38.5% |
| Current assets | 29/58 | €272,334 | €291,290 | +€18,956 | +7.0% |
| Amounts receivable after more than one year | 29 | €77,900 | €34,900 | -€43,000 | -55.2% |
| Other amounts receivable | 291 | €77,900 | €34,900 | -€43,000 | -55.2% |
| Stocks and contracts in progress | 3 | €8,622 | €9,191 | +€569 | +6.6% |
| Stocks | 30/36 | €8,622 | €9,191 | +€569 | +6.6% |
| Amounts receivable within one year | 40/41 | €46,217 | €13,845 | -€32,372 | -70.0% |
| Trade receivables | 40 | €40,735 | €10,361 | -€30,374 | -74.6% |
| Other amounts receivable | 41 | €5,482 | €3,484 | -€1,998 | -36.4% |
| Cash at bank and in hand | 54/58 | €139,595 | €233,354 | +€93,759 | +67.2% |
| Total equity and liabilities | 10/49 | €484,679 | €472,327 | -€12,352 | -2.5% |
| Equity | 10/15 | €369,282 | €369,329 | +€47 | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €259,400 | €259,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,400 | €7,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,400 | €7,400 | = | 0.0% |
| Distributable reserves | 133 | €252,000 | €252,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,882 | €89,929 | +€47 | +0.1% |
| Amounts payable | 17/49 | €115,397 | €102,998 | -€12,399 | -10.7% |
| Amounts payable after more than one year | 17 | €97,602 | €87,141 | -€10,461 | -10.7% |
| Financial debts | 170/4 | €97,602 | €87,141 | -€10,461 | -10.7% |
| Amounts payable within one year | 42/48 | €17,795 | €15,857 | -€1,938 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €13,134 | €12,183 | -€951 | -7.2% |
| Trade debts | 44 | €2,161 | €3,674 | +€1,513 | +70.0% |
| Suppliers | 440/4 | €2,161 | €3,674 | +€1,513 | +70.0% |
| Taxes, remuneration and social security | 45 | €2,500 | - | -€2,500 | |
| Taxes | 450/3 | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,583 | €31,308 | -€3,275 | -9.5% |
| Other operating charges | 640/8 | €3,039 | €2,712 | -€327 | -10.8% |
| Gross operating margin | 9900 | €74,884 | €99,473 | +€24,589 | +32.8% |
| Operating profit (loss) | 9901 | €37,262 | €65,453 | +€28,191 | +75.7% |
| Financial income | 75/76B | €249 | €411 | +€162 | +65.1% |
| Recurring financial income | 75 | €249 | €411 | +€162 | +65.1% |
| Financial charges | 65/66B | €5,762 | €3,748 | -€2,014 | -35.0% |
| Recurring financial charges | 65 | €5,762 | €3,748 | -€2,014 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €31,749 | €62,116 | +€30,367 | +95.6% |
| Income taxes | 67/77 | €24,244 | €19,069 | -€5,175 | -21.3% |
| Profit (loss) for the period | 9904 | €7,505 | €43,047 | +€35,542 | +474% |
| Profit (loss) for the period to be appropriated | 9905 | €7,505 | €43,047 | +€35,542 | +474% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.