VINÇOTTE: what changed
What changed
VINÇOTTE
NACE 71.209, Other technical testing and analysis
filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.3m-€703,553
Equity
€25.1m
2024 · €23.5m+€1.6m
Cash
€985,635
2024 · €4.5m-€3.5m
Balance sheet total
€39.3m
2024 · €35.4m+€3.9m
Largest movements
Assets
- Receivables within one year +€3.6m
up €3.6m (+13.4%), from €27.2m to €30.8m
of which Other amounts receivable: +€1.9m
- Cash -€3.5m
down €3.5m (-78.0%), from €4.5m to €985,635
mainly Receivables within one year (-€3.6m) and Investment in fixed assets (net) (-€3.4m)
- Intangible fixed assets +€2.5m
up €2.5m (+4,132%), from €60,209 to €2.5m
- Receivables after one year +€1.1m
new in 2025: €1.1m
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+24.3%), from €6.4m to €7.9m
- Provisions +€993,802
up €993,802 (+85.5%), from €1.2m to €2.2m
- Tax, wage and social debts +€875,886
up €875,886 (+10.0%), from €8.7m to €9.6m
of which Remuneration and social security: +€945,692
Income statement
- Turnover +€5.6m
up €5.6m (+7.9%), from €70.6m to €76.2m
- Services and other goods +€3.6m
up €3.6m (+10.5%), from €34.0m to €37.6m
- Staff costs +€2.2m
up €2.2m (+6.5%), from €33.3m to €35.4m
- Provisions +€1.2m
up €1.2m, from -€196,564 to €993,088
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.3m
Turnover
+€5.6m
Other operating income
+€661,400
Services and other goods
-€3.6m
Staff costs
-€2.2m
Depreciation
-€37,957
Write-downs
+€111,431
Provisions
-€1.2m
Other operating charges
-€323
Other operating items
-€200,726
Financial income
-€194,217
Financial charges
+€5,201
Taxes
+€340,559
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€83,769
Investment
-€3.4m
Financing
€0
Cash 2024
€4.5m
From operations (derived)
-€83,769
Net result for the year
+€1.6m
Depreciation
+€818,060
Receivables after one year
-€1.1m
Receivables within one year
-€3.6m
Deferred charges and accrued income
-€26,201
Provisions
+€993,802
Trade debts
+€314,658
Tax, wage and social debts
+€875,886
Accrued charges and deferred income
+€72,081
Investment (derived)
-€3.4m
Investment in fixed assets (net)
-€3.4m
Cash 2025
€985,635
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,395,589 | €39,281,935 | +€3.9m | +11.0% |
| Fixed assets | 21/28 | €3,764,806 | €6,352,150 | +€2.6m | +68.7% |
| Intangible fixed assets | 21 | €60,209 | €2,548,250 | +€2.5m | +4,132% |
| Tangible fixed assets | 22/27 | €3,552,381 | €3,661,098 | +€108,718 | +3.1% |
| Land and buildings | 22 | €1,598,820 | €1,580,586 | -€18,234 | -1.1% |
| Plant, machinery and equipment | 23 | €1,944,579 | €2,068,632 | +€124,053 | +6.4% |
| Furniture and vehicles | 24 | €8,981 | €7,122 | -€1,859 | -20.7% |
| Other tangible fixed assets | 26 | - | €4,758 | +€4,758 | |
| Financial fixed assets | 28 | €152,217 | €142,802 | -€9,414 | -6.2% |
| Companies linked by participating interests | 282/3 | €15,000 | - | -€15,000 | |
| Participating interests | 282 | €15,000 | - | -€15,000 | |
| Other financial fixed assets | 284/8 | €137,217 | €142,802 | +€5,586 | +4.1% |
| Amounts receivable and cash guarantees | 285/8 | €137,217 | €142,802 | +€5,586 | +4.1% |
| Current assets | 29/58 | €31,630,783 | €32,929,785 | +€1.3m | +4.1% |
| Amounts receivable after more than one year | 29 | - | €1,130,082 | +€1.1m | |
| Other amounts receivable | 291 | - | €1,130,082 | +€1.1m | |
| Amounts receivable within one year | 40/41 | €27,155,975 | €30,787,867 | +€3.6m | +13.4% |
| Trade receivables | 40 | €18,881,734 | €20,591,813 | +€1.7m | +9.1% |
| Other amounts receivable | 41 | €8,274,241 | €10,196,054 | +€1.9m | +23.2% |
| Cash at bank and in hand | 54/58 | €4,474,808 | €985,635 | -€3.5m | -78.0% |
| Deferred charges and accrued income | 490/1 | - | €26,201 | +€26,201 | |
| Total equity and liabilities | 10/49 | €35,395,589 | €39,281,935 | +€3.9m | +11.0% |
| Equity | 10/15 | €23,504,073 | €25,133,992 | +€1.6m | +6.9% |
| Contributions | 10/11 | €16,498,092 | €16,498,092 | = | 0.0% |
| Capital | 10 | €16,498,092 | €16,498,092 | = | 0.0% |
| Issued capital | 100 | €16,498,092 | €16,498,092 | = | 0.0% |
| Reserves | 13 | €635,232 | €716,728 | +€81,496 | +12.8% |
| Non-distributable reserves | 130/1 | €635,232 | €716,728 | +€81,496 | +12.8% |
| Legal reserve | 130 | €635,232 | €716,728 | +€81,496 | +12.8% |
| Profit (loss) carried forward | 14 | €6,370,749 | €7,919,172 | +€1.5m | +24.3% |
| Provisions and deferred taxes | 16 | €1,162,863 | €2,156,665 | +€993,802 | +85.5% |
| Provisions for liabilities and charges | 160/5 | €1,162,863 | €2,156,665 | +€993,802 | +85.5% |
| Other liabilities and charges | 164/5 | €1,162,863 | €2,156,665 | +€993,802 | +85.5% |
| Amounts payable | 17/49 | €10,728,653 | €11,991,278 | +€1.3m | +11.8% |
| Amounts payable within one year | 42/48 | €10,112,770 | €11,303,314 | +€1.2m | +11.8% |
| Trade debts | 44 | €1,384,130 | €1,698,787 | +€314,658 | +22.7% |
| Suppliers | 440/4 | €1,384,130 | €1,698,787 | +€314,658 | +22.7% |
| Taxes, remuneration and social security | 45 | €8,728,641 | €9,604,527 | +€875,886 | +10.0% |
| Taxes | 450/3 | €2,463,927 | €2,394,120 | -€69,806 | -2.8% |
| Remuneration and social security | 454/9 | €6,264,714 | €7,210,407 | +€945,692 | +15.1% |
| Accrued charges and deferred income | 492/3 | €615,882 | €687,964 | +€72,081 | +11.7% |
| Operating income | 70/76A | €71,154,021 | €77,368,063 | +€6.2m | +8.7% |
| Turnover | 70 | €70,597,803 | €76,150,445 | +€5.6m | +7.9% |
| Other operating income | 74 | €556,218 | €1,217,618 | +€661,400 | +119% |
| Operating charges | 60/66A | €67,776,618 | €74,845,756 | +€7.1m | +10.4% |
| Services and other goods | 61 | €34,028,844 | €37,605,799 | +€3.6m | +10.5% |
| Remuneration, social security and pensions | 62 | €33,261,960 | €35,436,915 | +€2.2m | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780,103 | €818,060 | +€37,957 | +4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,329 | -€75,101 | -€111,431 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€196,564 | €993,088 | +€1.2m | |
| Other operating charges | 640/8 | €65,958 | €66,281 | +€323 | +0.5% |
| Non-recurring operating charges | 66A | -€200,012 | €714 | +€200,726 | |
| Operating profit (loss) | 9901 | €3,377,403 | €2,522,307 | -€855,097 | -25.3% |
| Financial income | 75/76B | €471,513 | €277,296 | -€194,217 | -41.2% |
| Recurring financial income | 75 | €471,513 | €277,296 | -€194,217 | -41.2% |
| Income from financial fixed assets | 750 | €0 | €0 | = | |
| Income from current assets | 751 | €454,156 | €260,994 | -€193,162 | -42.5% |
| Other financial income | 752/9 | €17,357 | €16,301 | -€1,055 | -6.1% |
| Financial charges | 65/66B | €81,681 | €76,479 | -€5,201 | -6.4% |
| Recurring financial charges | 65 | €81,681 | €61,480 | -€20,200 | -24.7% |
| Debt charges | 650 | €694 | €5,085 | +€4,391 | +633% |
| Other financial charges | 652/9 | €80,987 | €56,396 | -€24,591 | -30.4% |
| Non-recurring financial charges | 66B | - | €14,999 | +€14,999 | |
| Profit (loss) for the period before taxes | 9903 | €3,767,235 | €2,723,123 | -€1.0m | -27.7% |
| Income taxes | 67/77 | €1,433,763 | €1,093,204 | -€340,559 | -23.8% |
| Taxes | 670/3 | €1,433,763 | €1,171,740 | -€262,023 | -18.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €78,536 | +€78,536 | |
| Profit (loss) for the period | 9904 | €2,333,472 | €1,629,919 | -€703,553 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,333,472 | €1,629,919 | -€703,553 | -30.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.