VYNCK JOHAN: what changed
What changed
VYNCK JOHAN
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
-€32,883
2024 · -€28,146-€4,737
Equity
€289,847
2024 · €364,835-€74,988
Cash
€97,330
2024 · €155,013-€57,683
Balance sheet total
€430,153
2024 · €499,227-€69,075
Largest movements
Assets
- Cash -€57,683
down €57,683 (-37.2%), from €155,013 to €97,330
mainly Contributions, distributions and other (-€42,105) and Net result for the year (-€32,883)
- Receivables within one year +€26,221
up €26,221 (+19.3%), from €136,085 to €162,305
of which Trade receivables: +€25,286
- Tangible fixed assets -€25,364
down €25,364 (-15.3%), from €166,131 to €140,767
- Stocks and contracts -€12,406
down €12,406 (-42.0%), from €29,514 to €17,107
Equity and liabilities
- Reserves -€42,105
down €42,105 (-14.8%), from €284,767 to €242,662
of which Distributable reserves: -€42,105
- Profit (loss) carried forward -€32,883
down €32,883 (-157%), from -€20,932 to -€53,815
- Other debts +€17,256
up €17,256 (+444%), from €3,888 to €21,144
- Debts after one year -€12,843
down €12,843 (-13.6%), from €94,452 to €81,609
- Trade debts +€12,077
up €12,077 (+354%), from €3,409 to €15,486
Income statement
- Gross operating margin -€40,312
down €40,312 (-5.8%), from €692,064 to €651,751
- Staff costs -€32,467
down €32,467 (-4.7%), from €684,001 to €651,534
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
-€28,146
Gross operating margin
-€40,312
Staff costs
+€32,467
Depreciation
+€2,541
Other operating charges
+€290
Other operating items
+€673
Financial income
+€272
Financial charges
-€709
Taxes
+€41
Result 2025
-€32,883
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
-€2,942
Investment
€0
Financing
-€54,741
Cash 2024
€155,013
From operations (derived)
-€2,942
Net result for the year
-€32,883
Depreciation
+€25,364
Stocks and contracts
+€12,406
Receivables within one year
-€26,221
Deferred charges and accrued income
-€158
Trade debts
+€12,077
Tax, wage and social debts
-€10,390
Other debts
+€17,256
Accrued charges and deferred income
-€393
Financing
-€54,741
Debts after one year
-€12,843
Current portion of long-term debt
+€208
Contributions, distributions and other
-€42,105
Cash 2025
€97,330
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €499,227 | €430,153 | -€69,075 | -13.8% |
| Fixed assets | 21/28 | €166,131 | €140,767 | -€25,364 | -15.3% |
| Tangible fixed assets | 22/27 | €166,131 | €140,767 | -€25,364 | -15.3% |
| Land and buildings | 22 | €121,797 | €111,647 | -€10,150 | -8.3% |
| Plant, machinery and equipment | 23 | €19,818 | €14,349 | -€5,470 | -27.6% |
| Furniture and vehicles | 24 | €22,856 | €13,290 | -€9,566 | -41.9% |
| Other tangible fixed assets | 26 | €1,660 | €1,482 | -€178 | -10.7% |
| Current assets | 29/58 | €333,096 | €289,386 | -€43,711 | -13.1% |
| Stocks and contracts in progress | 3 | €29,514 | €17,107 | -€12,406 | -42.0% |
| Stocks | 30/36 | €29,514 | €17,107 | -€12,406 | -42.0% |
| Amounts receivable within one year | 40/41 | €136,085 | €162,305 | +€26,221 | +19.3% |
| Trade receivables | 40 | €113,677 | €138,962 | +€25,286 | +22.2% |
| Other amounts receivable | 41 | €22,408 | €23,343 | +€935 | +4.2% |
| Cash at bank and in hand | 54/58 | €155,013 | €97,330 | -€57,683 | -37.2% |
| Deferred charges and accrued income | 490/1 | €12,486 | €12,643 | +€158 | +1.3% |
| Total equity and liabilities | 10/49 | €499,227 | €430,153 | -€69,075 | -13.8% |
| Equity | 10/15 | €364,835 | €289,847 | -€74,988 | -20.6% |
| Contributions | 10/11 | €101,000 | €101,000 | = | 0.0% |
| Reserves | 13 | €284,767 | €242,662 | -€42,105 | -14.8% |
| Tax-exempt reserves | 132 | €31,700 | €31,700 | = | 0.0% |
| Distributable reserves | 133 | €253,067 | €210,962 | -€42,105 | -16.6% |
| Profit (loss) carried forward | 14 | -€20,932 | -€53,815 | -€32,883 | -157% |
| Amounts payable | 17/49 | €134,392 | €140,306 | +€5,914 | +4.4% |
| Amounts payable after more than one year | 17 | €94,452 | €81,609 | -€12,843 | -13.6% |
| Financial debts | 170/4 | €94,452 | €81,609 | -€12,843 | -13.6% |
| Amounts payable within one year | 42/48 | €39,547 | €58,697 | +€19,150 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €12,635 | €12,843 | +€208 | +1.6% |
| Trade debts | 44 | €3,409 | €15,486 | +€12,077 | +354% |
| Suppliers | 440/4 | €3,409 | €15,486 | +€12,077 | +354% |
| Taxes, remuneration and social security | 45 | €19,614 | €9,224 | -€10,390 | -53.0% |
| Taxes | 450/3 | €4,110 | €5,164 | +€1,054 | +25.6% |
| Remuneration and social security | 454/9 | €15,504 | €4,060 | -€11,444 | -73.8% |
| Other amounts payable | 47/48 | €3,888 | €21,144 | +€17,256 | +444% |
| Accrued charges and deferred income | 492/3 | €393 | - | -€393 | |
| Remuneration, social security and pensions | 62 | €684,001 | €651,534 | -€32,467 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,904 | €25,364 | -€2,541 | -9.1% |
| Other operating charges | 640/8 | €5,812 | €5,522 | -€290 | -5.0% |
| Non-recurring operating charges | 66A | €673 | - | -€673 | |
| Gross operating margin | 9900 | €692,064 | €651,751 | -€40,312 | -5.8% |
| Operating profit (loss) | 9901 | -€26,327 | -€30,668 | -€4,341 | -16.5% |
| Financial income | 75/76B | €2,294 | €2,566 | +€272 | +11.9% |
| Recurring financial income | 75 | €2,294 | €2,566 | +€272 | +11.9% |
| Financial charges | 65/66B | €3,607 | €4,316 | +€709 | +19.7% |
| Recurring financial charges | 65 | €3,607 | €4,316 | +€709 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,640 | -€32,419 | -€4,779 | -17.3% |
| Income taxes | 67/77 | €506 | €464 | -€41 | -8.2% |
| Profit (loss) for the period | 9904 | -€28,146 | -€32,883 | -€4,737 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,146 | -€32,883 | -€4,737 | -16.8% |
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 3 November 2026 via checked.be.