VIND: 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.
What changed
VIND
NACE 78.200, Temporary employment agencies and other provision of personnel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€599,840
2024 · -€62,562+€662,402
Equity
€1.8m
2024 · €1.2m+€599,840
Cash
€3.3m
2024 · €2.5m+€828,993
Balance sheet total
€6.4m
2024 · €5.5m+€934,459
Largest movements
Assets
- Cash +€828,993
up €828,993 (+33.8%), from €2.5m to €3.3m
mainly Net result for the year (+€599,840) and Depreciation (+€314,680)
- Receivables within one year +€404,961
up €404,961 (+21.4%), from €1.9m to €2.3m
of which Trade receivables: +€391,017
- Tangible fixed assets -€207,967
down €207,967 (-20.1%), from €1.0m to €826,529
of which Plant, machinery and equipment: -€176,184
Equity and liabilities
- Profit (loss) carried forward +€599,840
up €599,840 (+50.9%), from -€1.2m to -€578,371
- Trade debts +€186,858
up €186,858 (+33.6%), from €556,468 to €743,326
- Other debts +€148,733
up €148,733 (+7.1%), from €2.1m to €2.2m
- Tax, wage and social debts +€93,781
up €93,781 (+6.7%), from €1.4m to €1.5m
of which Remuneration and social security: +€54,948
Income statement
- Staff costs -€893,804
down €893,804 (-6.2%), from €14.5m to €13.6m
- Turnover -€776,593
down €776,593 (-4.5%), from €17.2m to €16.4m
- Services and other goods -€535,384
down €535,384 (-22.3%), from €2.4m to €1.9m
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.
Result 2024
-€62,562
Turnover
-€776,593
Other operating income
+€1,065
Services and other goods
+€535,384
Staff costs
+€893,804
Depreciation
+€34,456
Write-downs
+€11,508
Provisions
-€49,906
Other operating charges
-€117
Other operating items
+€33,055
Financial income
+€5,088
Financial charges
-€25,888
Taxes
+€545
Result 2025
€599,840
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.0m
Investment
-€56,256
Financing
-€115,050
Cash 2024
€2.5m
From operations (derived)
+€1.0m
Net result for the year
+€599,840
Depreciation
+€314,680
Receivables within one year
-€404,961
Deferred charges and accrued income
+€41,071
Provisions
+€19,572
Trade debts
+€186,858
Tax, wage and social debts
+€93,781
Other debts
+€148,733
Accrued charges and deferred income
+€725
Investment (derived)
-€56,256
Investment in fixed assets (net)
-€56,256
Financing
-€115,050
Debts after one year
-€57,633
Current portion of long-term debt
-€57,417
Cash 2025
€3.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,499,574 | €6,434,034 | +€934,459 | +17.0% |
| Fixed assets | 21/28 | €1,102,068 | €843,645 | -€258,424 | -23.4% |
| Intangible fixed assets | 21 | €64,722 | €14,266 | -€50,457 | -78.0% |
| Tangible fixed assets | 22/27 | €1,034,496 | €826,529 | -€207,967 | -20.1% |
| Land and buildings | 22 | €31,858 | €26,626 | -€5,232 | -16.4% |
| Plant, machinery and equipment | 23 | €905,067 | €728,882 | -€176,184 | -19.5% |
| Furniture and vehicles | 24 | €97,571 | €71,021 | -€26,551 | -27.2% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,850 | €2,850 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €4,397,506 | €5,590,389 | +€1.2m | +27.1% |
| Amounts receivable within one year | 40/41 | €1,892,477 | €2,297,438 | +€404,961 | +21.4% |
| Trade receivables | 40 | €1,692,119 | €2,083,136 | +€391,017 | +23.1% |
| Other amounts receivable | 41 | €200,358 | €214,302 | +€13,944 | +7.0% |
| Cash at bank and in hand | 54/58 | €2,450,710 | €3,279,703 | +€828,993 | +33.8% |
| Deferred charges and accrued income | 490/1 | €54,319 | €13,249 | -€41,071 | -75.6% |
| Total equity and liabilities | 10/49 | €5,499,574 | €6,434,034 | +€934,459 | +17.0% |
| Equity | 10/15 | €1,192,067 | €1,791,907 | +€599,840 | +50.3% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €2,295,909 | €2,295,909 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,573 | €36,573 | = | 0.0% |
| Legal reserve | 130 | €36,573 | €36,573 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,148,274 | €2,148,274 | = | 0.0% |
| Distributable reserves | 133 | €111,063 | €111,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,178,211 | -€578,371 | +€599,840 | +50.9% |
| Provisions and deferred taxes | 16 | €88,105 | €107,676 | +€19,572 | +22.2% |
| Provisions for liabilities and charges | 160/5 | €88,105 | €107,676 | +€19,572 | +22.2% |
| Other liabilities and charges | 164/5 | €88,105 | €107,676 | +€19,572 | +22.2% |
| Amounts payable | 17/49 | €4,219,403 | €4,534,451 | +€315,048 | +7.5% |
| Amounts payable after more than one year | 17 | €57,633 | - | -€57,633 | |
| Financial debts | 170/4 | €57,633 | - | -€57,633 | |
| Credit institutions | 173 | €57,633 | - | -€57,633 | |
| Amounts payable within one year | 42/48 | €4,161,770 | €4,533,726 | +€371,955 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €115,050 | €57,633 | -€57,417 | -49.9% |
| Trade debts | 44 | €556,468 | €743,326 | +€186,858 | +33.6% |
| Suppliers | 440/4 | €556,468 | €743,326 | +€186,858 | +33.6% |
| Taxes, remuneration and social security | 45 | €1,389,498 | €1,483,279 | +€93,781 | +6.7% |
| Taxes | 450/3 | €393,349 | €432,182 | +€38,833 | +9.9% |
| Remuneration and social security | 454/9 | €996,149 | €1,051,097 | +€54,948 | +5.5% |
| Other amounts payable | 47/48 | €2,100,754 | €2,249,487 | +€148,733 | +7.1% |
| Accrued charges and deferred income | 492/3 | - | €725 | +€725 | |
| Operating income | 70/76A | €17,382,689 | €16,597,470 | -€785,219 | -4.5% |
| Turnover | 70 | €17,205,805 | €16,429,211 | -€776,593 | -4.5% |
| Other operating income | 74 | €151,893 | €152,958 | +€1,065 | +0.7% |
| Non-recurring operating income | 76A | €24,991 | €15,300 | -€9,691 | -38.8% |
| Operating charges | 60/66A | €17,246,374 | €15,778,499 | -€1.5m | -8.5% |
| Services and other goods | 61 | €2,396,679 | €1,861,295 | -€535,384 | -22.3% |
| Remuneration, social security and pensions | 62 | €14,450,427 | €13,556,623 | -€893,804 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349,137 | €314,680 | -€34,456 | -9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,465 | €2,958 | -€11,508 | -79.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€30,335 | €19,572 | +€49,906 | |
| Other operating charges | 640/8 | €23,255 | €23,371 | +€117 | +0.5% |
| Non-recurring operating charges | 66A | €42,746 | - | -€42,746 | |
| Operating profit (loss) | 9901 | €136,314 | €818,970 | +€682,656 | +501% |
| Financial income | 75/76B | €5,377 | €10,465 | +€5,088 | +94.6% |
| Recurring financial income | 75 | €1,136 | €10,465 | +€9,329 | +821% |
| Income from financial fixed assets | 750 | €51 | €113 | +€62 | +122% |
| Other financial income | 752/9 | €1,086 | €10,352 | +€9,267 | +854% |
| Non-recurring financial income | 76B | €4,241 | - | -€4,241 | |
| Financial charges | 65/66B | €197,623 | €223,511 | +€25,888 | +13.1% |
| Recurring financial charges | 65 | €197,623 | €223,511 | +€25,888 | +13.1% |
| Debt charges | 650 | €189,348 | €218,699 | +€29,351 | +15.5% |
| Other financial charges | 652/9 | €8,276 | €4,812 | -€3,464 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€55,932 | €605,924 | +€661,857 | |
| Income taxes | 67/77 | €6,629 | €6,084 | -€545 | -8.2% |
| Taxes | 670/3 | €6,629 | €6,084 | -€545 | -8.2% |
| Profit (loss) for the period | 9904 | -€62,562 | €599,840 | +€662,402 | |
| Profit (loss) for the period to be appropriated | 9905 | -€62,562 | €599,840 | +€662,402 |
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 17 October 2026 via checked.be.