VYNCKE 3F: what changed
What changed
VYNCKE 3F
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €242,425+€821,647
Equity
€4.1m
2024 · €3.0m+€1.1m
Cash
€999,314
2024 · €732,852+€266,462
Balance sheet total
€4.5m
2024 · €4.1m+€415,404
Largest movements
Assets
- Cash +€266,462
up €266,462 (+36.4%), from €732,852 to €999,314
mainly Net result for the year (+€1.1m) and Depreciation (+€303,204)
- Tangible fixed assets +€157,220
up €157,220 (+5.8%), from €2.7m to €2.9m
of which Land and buildings: +€155,208
Equity and liabilities
- Profit (loss) carried forward +€1.1m
up €1.1m (+47.2%), from €2.3m to €3.3m
- Advances received -€600,000
down €600,000 (-75.0%), from €800,000 to €200,000
- Current portion of long-term debt -€91,059
down €91,059 (-74.9%), from €121,604 to €30,546
- Trade debts +€71,620
up €71,620 (+281%), from €25,442 to €97,062
Income statement
- Gross operating margin +€905,123
up €905,123 (+107%), from €843,178 to €1.7m
- Taxes +€236,103
up €236,103 (+198%), from €119,061 to €355,164
- Depreciation -€131,132
down €131,132 (-30.2%), from €434,336 to €303,204
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
€242,425
Gross operating margin
+€905,123
Staff costs
+€3,368
Depreciation
+€131,132
Other operating charges
+€6,785
Financial income
+€9,753
Financial charges
+€1,589
Taxes
-€236,103
Result 2025
€1.1m
raises the resultlowers the result
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
+€848,490
Investment
-€460,425
Financing
-€121,604
Cash 2024
€732,852
From operations (derived)
+€848,490
Net result for the year
+€1.1m
Depreciation
+€303,204
Smaller working-capital items
-€224
Receivables within one year
+€19,613
Deferred charges and accrued income
-€9,794
Trade debts
+€71,620
Advances received
-€600,000
Investment (derived)
-€460,425
Investment in fixed assets (net)
-€460,425
Financing
-€121,604
Debts after one year
-€30,546
Current portion of long-term debt
-€91,059
Cash 2025
€999,314
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,101,643 | €4,517,047 | +€415,404 | +10.1% |
| Fixed assets | 21/28 | €2,722,865 | €2,880,085 | +€157,220 | +5.8% |
| Tangible fixed assets | 22/27 | €2,722,865 | €2,880,085 | +€157,220 | +5.8% |
| Land and buildings | 22 | €2,548,752 | €2,703,961 | +€155,208 | +6.1% |
| Plant, machinery and equipment | 23 | €122 | €0 | -€122 | -100% |
| Furniture and vehicles | 24 | €60,775 | €22,097 | -€38,679 | -63.6% |
| Other tangible fixed assets | 26 | €113,215 | €154,028 | +€40,813 | +36.0% |
| Current assets | 29/58 | €1,378,778 | €1,636,962 | +€258,183 | +18.7% |
| Amounts receivable after more than one year | 29 | €67,985 | €69,525 | +€1,540 | +2.3% |
| Other amounts receivable | 291 | €67,985 | €69,525 | +€1,540 | +2.3% |
| Amounts receivable within one year | 40/41 | €573,172 | €553,560 | -€19,613 | -3.4% |
| Trade receivables | 40 | €10,837 | €2,870 | -€7,967 | -73.5% |
| Other amounts receivable | 41 | €562,336 | €550,690 | -€11,646 | -2.1% |
| Cash at bank and in hand | 54/58 | €732,852 | €999,314 | +€266,462 | +36.4% |
| Deferred charges and accrued income | 490/1 | €4,768 | €14,563 | +€9,794 | +205% |
| Total equity and liabilities | 10/49 | €4,101,643 | €4,517,047 | +€415,404 | +10.1% |
| Equity | 10/15 | €3,047,535 | €4,111,607 | +€1.1m | +34.9% |
| Contributions | 10/11 | €415,600 | €415,600 | = | 0.0% |
| Reserves | 13 | €377,810 | €377,810 | = | 0.0% |
| Distributable reserves | 133 | €377,810 | €377,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,254,125 | €3,318,197 | +€1.1m | +47.2% |
| Provisions and deferred taxes | 16 | €37,416 | €37,416 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,416 | €37,416 | = | 0.0% |
| Pensions and similar obligations | 160 | €37,416 | €37,416 | = | 0.0% |
| Amounts payable | 17/49 | €1,016,692 | €368,024 | -€648,668 | -63.8% |
| Amounts payable after more than one year | 17 | €30,546 | €0 | -€30,546 | -100% |
| Financial debts | 170/4 | €30,546 | €0 | -€30,546 | -100% |
| Amounts payable within one year | 42/48 | €984,767 | €365,996 | -€618,771 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €121,604 | €30,546 | -€91,059 | -74.9% |
| Trade debts | 44 | €25,442 | €97,062 | +€71,620 | +281% |
| Suppliers | 440/4 | €25,442 | €97,062 | +€71,620 | +281% |
| Advances received on contracts in progress | 46 | €800,000 | €200,000 | -€600,000 | -75.0% |
| Taxes, remuneration and social security | 45 | €37,720 | €38,188 | +€468 | +1.2% |
| Taxes | 450/3 | €31,268 | €32,731 | +€1,462 | +4.7% |
| Remuneration and social security | 454/9 | €6,452 | €5,457 | -€995 | -15.4% |
| Other amounts payable | 47/48 | €0 | €200 | +€200 | |
| Accrued charges and deferred income | 492/3 | €1,380 | €2,028 | +€648 | +47.0% |
| Remuneration, social security and pensions | 62 | €22,018 | €18,650 | -€3,368 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434,336 | €303,204 | -€131,132 | -30.2% |
| Other operating charges | 640/8 | €28,159 | €21,374 | -€6,785 | -24.1% |
| Gross operating margin | 9900 | €843,178 | €1,748,301 | +€905,123 | +107% |
| Operating profit (loss) | 9901 | €358,665 | €1,405,073 | +€1.0m | +292% |
| Financial income | 75/76B | €5,884 | €15,637 | +€9,753 | +166% |
| Recurring financial income | 75 | €5,884 | €15,637 | +€9,753 | +166% |
| Financial charges | 65/66B | €3,063 | €1,474 | -€1,589 | -51.9% |
| Recurring financial charges | 65 | €3,063 | €1,474 | -€1,589 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €361,486 | €1,419,236 | +€1.1m | +293% |
| Income taxes | 67/77 | €119,061 | €355,164 | +€236,103 | +198% |
| Profit (loss) for the period | 9904 | €242,425 | €1,064,072 | +€821,647 | +339% |
| Profit (loss) for the period to be appropriated | 9905 | €242,425 | €1,064,072 | +€821,647 | +339% |
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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 1 November 2026 via checked.be.