VONCKX & PARTNERS: what changed
VONCKX & PARTNERS
Largest movements
- Cash +€45,185
up €45,185 (+53.2%), from €84,995 to €130,180
mainly Net result for the year (+€48,389) and Receivables within one year (+€5,901)
- Receivables within one year -€5,901
down €5,901 (-30.7%), from €19,241 to €13,339
of which Trade receivables: -€5,151
- Tangible fixed assets +€5,383
up €5,383 (+139%), from €3,885 to €9,268
- Current investments +€5,316
up €5,316 (+1.7%), from €309,283 to €314,598
- Reserves +€48,389
up €48,389 (+12.4%), from €388,778 to €437,167
- Gross operating margin -€14,580
down €14,580 (-18.0%), from €81,222 to €66,642
- Taxes -€4,973
down €4,973 (-18.0%), from €27,634 to €22,660
- Depreciation -€1,050
down €1,050 (-39.2%), from €2,679 to €1,630
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,404 | €467,607 | +€50,203 | +12.0% |
| Fixed assets | 21/28 | €3,885 | €9,268 | +€5,383 | +139% |
| Tangible fixed assets | 22/27 | €3,885 | €9,268 | +€5,383 | +139% |
| Furniture and vehicles | 24 | €3,885 | €9,268 | +€5,383 | +139% |
| Current assets | 29/58 | €413,518 | €458,339 | +€44,821 | +10.8% |
| Amounts receivable within one year | 40/41 | €19,241 | €13,339 | -€5,901 | -30.7% |
| Trade receivables | 40 | €18,491 | €13,339 | -€5,151 | -27.9% |
| Other amounts receivable | 41 | €750 | - | -€750 | |
| Current investments | 50/53 | €309,283 | €314,598 | +€5,316 | +1.7% |
| Cash at bank and in hand | 54/58 | €84,995 | €130,180 | +€45,185 | +53.2% |
| Deferred charges and accrued income | 490/1 | - | €222 | +€222 | |
| Total equity and liabilities | 10/49 | €417,404 | €467,607 | +€50,203 | +12.0% |
| Equity | 10/15 | €407,778 | €456,167 | +€48,389 | +11.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €388,778 | €437,167 | +€48,389 | +12.4% |
| Distributable reserves | 133 | €388,778 | €437,167 | +€48,389 | +12.4% |
| Amounts payable | 17/49 | €9,626 | €11,441 | +€1,814 | +18.8% |
| Amounts payable within one year | 42/48 | €9,239 | €10,801 | +€1,562 | +16.9% |
| Trade debts | 44 | €3,980 | €1,443 | -€2,537 | -63.8% |
| Suppliers | 440/4 | €3,980 | €1,443 | -€2,537 | -63.8% |
| Taxes, remuneration and social security | 45 | €4,059 | €6,679 | +€2,620 | +64.6% |
| Taxes | 450/3 | €4,059 | €6,679 | +€2,620 | +64.6% |
| Other amounts payable | 47/48 | €1,200 | €2,679 | +€1,479 | +123% |
| Accrued charges and deferred income | 492/3 | €387 | €640 | +€252 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,679 | €1,630 | -€1,050 | -39.2% |
| Other operating charges | 640/8 | €176 | €269 | +€93 | +52.9% |
| Gross operating margin | 9900 | €81,222 | €66,642 | -€14,580 | -18.0% |
| Operating profit (loss) | 9901 | €78,367 | €64,744 | -€13,623 | -17.4% |
| Financial income | 75/76B | €8,346 | €8,574 | +€228 | +2.7% |
| Recurring financial income | 75 | €8,346 | €8,574 | +€228 | +2.7% |
| Financial charges | 65/66B | €2,359 | €2,268 | -€91 | -3.9% |
| Recurring financial charges | 65 | €2,359 | €2,268 | -€91 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €84,353 | €71,049 | -€13,304 | -15.8% |
| Income taxes | 67/77 | €27,634 | €22,660 | -€4,973 | -18.0% |
| Profit (loss) for the period | 9904 | €56,720 | €48,389 | -€8,331 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,720 | €48,389 | -€8,331 | -14.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.