Vinçotte Certigo: 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.
Vinçotte Certigo
Largest movements
- Receivables within one year +€443,947
up €443,947 (+17.7%), from €2.5m to €2.9m
of which Other amounts receivable: +€444,105
- Cash -€438,518
no longer reported in 2025 (was €438,518)
mainly Receivables within one year (-€443,947) and Tax, wage and social debts (-€59,280)
No liability line moved by more than 1% of the balance sheet total.
- Taxes -€82,267
down €82,267, from €22,987 to -€59,280
- Other operating charges -€32,378
down €32,378 (-38.0%), from €85,157 to €52,778
- Financial income -€22,613
down €22,613 (-24.5%), from €92,485 to €69,872
- Gross operating margin +€6,440
up €6,440 (+48.1%), from -€13,390 to -€6,950
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 | €14,939,607 | €14,945,035 | +€5,428 | 0.0% |
| Fixed assets | 21/28 | €11,995,202 | €11,995,202 | = | 0.0% |
| Financial fixed assets | 28 | €11,995,202 | €11,995,202 | = | 0.0% |
| Current assets | 29/58 | €2,944,405 | €2,949,833 | +€5,428 | +0.2% |
| Amounts receivable within one year | 40/41 | €2,505,887 | €2,949,833 | +€443,947 | +17.7% |
| Trade receivables | 40 | €158 | - | -€158 | |
| Other amounts receivable | 41 | €2,505,729 | €2,949,833 | +€444,105 | +17.7% |
| Cash at bank and in hand | 54/58 | €438,518 | - | -€438,518 | |
| Total equity and liabilities | 10/49 | €14,939,607 | €14,945,035 | +€5,428 | 0.0% |
| Equity | 10/15 | €14,821,276 | €14,890,549 | +€69,273 | +0.5% |
| Contributions | 10/11 | €6,560,886 | €6,560,886 | = | 0.0% |
| Capital | 10 | €6,560,886 | €6,560,886 | = | 0.0% |
| Reserves | 13 | €247,894 | €247,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,012,497 | €8,081,770 | +€69,273 | +0.9% |
| Amounts payable | 17/49 | €118,331 | €54,486 | -€63,845 | -54.0% |
| Amounts payable within one year | 42/48 | €118,331 | €54,486 | -€63,845 | -54.0% |
| Trade debts | 44 | €6,273 | €1,708 | -€4,565 | -72.8% |
| Suppliers | 440/4 | €6,273 | €1,708 | -€4,565 | -72.8% |
| Taxes, remuneration and social security | 45 | €112,058 | €52,778 | -€59,280 | -52.9% |
| Taxes | 450/3 | €112,058 | €52,778 | -€59,280 | -52.9% |
| Other operating charges | 640/8 | €85,157 | €52,778 | -€32,378 | -38.0% |
| Gross operating margin | 9900 | -€13,390 | -€6,950 | +€6,440 | +48.1% |
| Operating profit (loss) | 9901 | -€98,547 | -€59,729 | +€38,818 | +39.4% |
| Financial income | 75/76B | €92,485 | €69,872 | -€22,613 | -24.5% |
| Recurring financial income | 75 | €92,485 | €69,872 | -€22,613 | -24.5% |
| Financial charges | 65/66B | €246 | €150 | -€96 | -38.9% |
| Recurring financial charges | 65 | €246 | €150 | -€96 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,307 | €9,993 | +€16,300 | |
| Income taxes | 67/77 | €22,987 | -€59,280 | -€82,267 | |
| Profit (loss) for the period | 9904 | -€29,294 | €69,273 | +€98,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,294 | €69,273 | +€98,567 |
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 30 October 2026 via checked.be.