VONCKX: 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.
VONCKX
Largest movements
- Cash -€107,157
down €107,157 (-26.2%), from €409,561 to €302,404
mainly Contributions, distributions and other (-€217,000) and Investment in fixed assets (net) (-€159,383)
- Debts after one year -€59,137
down €59,137 (-42.9%), from €137,849 to €78,712
of which Financial debts: -€60,000
- Reserves -€58,109
down €58,109 (-2.1%), from €2.8m to €2.7m
- Short-term financial debts -€34,528
no longer reported in 2025 (was €34,528)
- Gross operating margin -€421,375
down €421,375 (-46.3%), from €909,519 to €488,145
- Taxes -€103,975
down €103,975 (-51.2%), from €203,070 to €99,095
- Depreciation +€43,364
up €43,364 (+31.2%), from €139,137 to €182,501
- Other operating charges -€18,494
down €18,494 (-54.7%), from €33,796 to €15,302
- Financial charges -€15,177
down €15,177 (-52.7%), from €28,781 to €13,603
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 | €3,185,667 | €3,024,002 | -€161,665 | -5.1% |
| Fixed assets | 21/28 | €2,520,158 | €2,497,041 | -€23,118 | -0.9% |
| Tangible fixed assets | 22/27 | €2,510,158 | €2,487,041 | -€23,118 | -0.9% |
| Land and buildings | 22 | €2,354,600 | €2,371,382 | +€16,782 | +0.7% |
| Furniture and vehicles | 24 | €152,377 | €111,361 | -€41,016 | -26.9% |
| Other tangible fixed assets | 26 | €3,181 | €4,297 | +€1,116 | +35.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €665,509 | €526,962 | -€138,547 | -20.8% |
| Amounts receivable within one year | 40/41 | €255,948 | €224,558 | -€31,390 | -12.3% |
| Trade receivables | 40 | €68,911 | €72,992 | +€4,081 | +5.9% |
| Other amounts receivable | 41 | €187,037 | €151,566 | -€35,471 | -19.0% |
| Cash at bank and in hand | 54/58 | €409,561 | €302,404 | -€107,157 | -26.2% |
| Total equity and liabilities | 10/49 | €3,185,667 | €3,024,002 | -€161,665 | -5.1% |
| Equity | 10/15 | €2,819,909 | €2,761,800 | -€58,109 | -2.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €2,800,909 | €2,742,800 | -€58,109 | -2.1% |
| Distributable reserves | 133 | €2,800,909 | €2,742,800 | -€58,109 | -2.1% |
| Amounts payable | 17/49 | €365,759 | €262,202 | -€103,556 | -28.3% |
| Amounts payable after more than one year | 17 | €137,849 | €78,712 | -€59,137 | -42.9% |
| Financial debts | 170/4 | €135,000 | €75,000 | -€60,000 | -44.4% |
| Other amounts payable | 178/9 | €2,849 | €3,712 | +€863 | +30.3% |
| Amounts payable within one year | 42/48 | €227,910 | €183,490 | -€44,419 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 43 | €34,528 | - | -€34,528 | |
| Credit institutions | 430/8 | €34,528 | - | -€34,528 | |
| Trade debts | 44 | €17,621 | €34,170 | +€16,548 | +93.9% |
| Suppliers | 440/4 | €17,621 | €34,170 | +€16,548 | +93.9% |
| Taxes, remuneration and social security | 45 | €21,101 | €3,322 | -€17,779 | -84.3% |
| Taxes | 450/3 | €14,914 | - | -€14,914 | |
| Remuneration and social security | 454/9 | €6,187 | €3,322 | -€2,865 | -46.3% |
| Other amounts payable | 47/48 | €94,660 | €85,999 | -€8,661 | -9.1% |
| Non-recurring operating income | 76A | €180,290 | - | -€180,290 | |
| Remuneration, social security and pensions | 62 | €29,304 | €29,280 | -€25 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,137 | €182,501 | +€43,364 | +31.2% |
| Other operating charges | 640/8 | €33,796 | €15,302 | -€18,494 | -54.7% |
| Gross operating margin | 9900 | €909,519 | €488,145 | -€421,375 | -46.3% |
| Operating profit (loss) | 9901 | €707,281 | €261,061 | -€446,220 | -63.1% |
| Financial income | 75/76B | €4,918 | €10,529 | +€5,611 | +114.1% |
| Recurring financial income | 75 | €4,918 | €10,529 | +€5,611 | +114.1% |
| Financial charges | 65/66B | €28,781 | €13,603 | -€15,177 | -52.7% |
| Recurring financial charges | 65 | €28,781 | €13,603 | -€15,177 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €683,419 | €257,987 | -€425,432 | -62.3% |
| Income taxes | 67/77 | €203,070 | €99,095 | -€103,975 | -51.2% |
| Profit (loss) for the period | 9904 | €480,349 | €158,891 | -€321,458 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €480,349 | €158,891 | -€321,458 | -66.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.