VYNCKE CHRIS: what changed
What changed
VYNCKE CHRIS
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€5,610
2024 · €7,411-€1,802
Equity
€53,678
2024 · €61,068-€7,390
Cash
€53
2024 · €1,009-€956
Balance sheet total
€108,965
2024 · €145,909-€36,944
Largest movements
Assets
- Tangible fixed assets -€27,700
down €27,700 (-26.7%), from €103,616 to €75,916
- Stocks and contracts -€9,687
down €9,687 (-49.0%), from €19,763 to €10,076
of which Stocks: -€4,987
Equity and liabilities
- Trade debts -€19,258
down €19,258 (-60.7%), from €31,738 to €12,480
- Current portion of long-term debt -€10,362
down €10,362 (-62.3%), from €16,631 to €6,269
- Reserves -€7,843
down €7,843 (-16.2%), from €48,343 to €40,500
of which Distributable reserves: -€7,500
- Debts after one year -€6,262
down €6,262 (-33.9%), from €18,486 to €12,224
- Other debts +€5,105
up €5,105 (+42.5%), from €12,013 to €17,118
Income statement
- Gross operating margin -€3,657
down €3,657 (-7.9%), from €46,293 to €42,636
- Depreciation -€1,304
down €1,304 (-4.3%), from €30,593 to €29,289
- Taxes -€820
down €820 (-26.3%), from €3,119 to €2,299
- Write-downs +€707
new in 2025: €707
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
€7,411
Gross operating margin
-€3,657
Depreciation
+€1,304
Write-downs
-€707
Other operating charges
+€26
Financial income
+€0
Financial charges
+€446
Taxes
+€820
Deferred taxes and other
-€34
Result 2025
€5,610
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
+€28,718
Investment
-€1,589
Financing
-€28,086
Cash 2024
€1,009
From operations (derived)
+€28,718
Net result for the year
+€5,610
Depreciation
+€29,289
Stocks and contracts
+€9,687
Receivables within one year
-€1,359
Deferred charges and accrued income
-€40
Provisions
-€86
Trade debts
-€19,258
Tax, wage and social debts
-€229
Other debts
+€5,105
Investment (derived)
-€1,589
Investment in fixed assets (net)
-€1,589
Financing
-€28,086
Debts after one year
-€6,262
Current portion of long-term debt
-€10,362
Short-term financial debts
+€1,538
Contributions, distributions and other
-€13,000
Cash 2025
€53
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,909 | €108,965 | -€36,944 | -25.3% |
| Fixed assets | 21/28 | €103,616 | €75,916 | -€27,700 | -26.7% |
| Tangible fixed assets | 22/27 | €103,616 | €75,916 | -€27,700 | -26.7% |
| Land and buildings | 22 | €43,201 | €35,382 | -€7,818 | -18.1% |
| Plant, machinery and equipment | 23 | €16,795 | €12,735 | -€4,061 | -24.2% |
| Furniture and vehicles | 24 | €38,168 | €27,799 | -€10,369 | -27.2% |
| Leasing and similar rights | 25 | €5,452 | - | -€5,452 | |
| Current assets | 29/58 | €42,293 | €33,049 | -€9,244 | -21.9% |
| Stocks and contracts in progress | 3 | €19,763 | €10,076 | -€9,687 | -49.0% |
| Stocks | 30/36 | €10,313 | €5,326 | -€4,987 | -48.4% |
| Contracts in progress | 37 | €9,450 | €4,750 | -€4,700 | -49.7% |
| Amounts receivable within one year | 40/41 | €19,671 | €21,030 | +€1,359 | +6.9% |
| Trade receivables | 40 | €9,031 | €17,553 | +€8,521 | +94.4% |
| Other amounts receivable | 41 | €10,640 | €3,477 | -€7,162 | -67.3% |
| Cash at bank and in hand | 54/58 | €1,009 | €53 | -€956 | -94.8% |
| Deferred charges and accrued income | 490/1 | €1,850 | €1,890 | +€40 | +2.2% |
| Total equity and liabilities | 10/49 | €145,909 | €108,965 | -€36,944 | -25.3% |
| Equity | 10/15 | €61,068 | €53,678 | -€7,390 | -12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,343 | €40,500 | -€7,843 | -16.2% |
| Tax-exempt reserves | 132 | €343 | - | -€343 | |
| Distributable reserves | 133 | €48,000 | €40,500 | -€7,500 | -15.6% |
| Profit (loss) carried forward | 14 | €6,525 | €6,978 | +€453 | +6.9% |
| Provisions and deferred taxes | 16 | €86 | - | -€86 | |
| Deferred taxes | 168 | €86 | - | -€86 | |
| Amounts payable | 17/49 | €84,755 | €55,287 | -€29,468 | -34.8% |
| Amounts payable after more than one year | 17 | €18,486 | €12,224 | -€6,262 | -33.9% |
| Financial debts | 170/4 | €18,486 | €12,224 | -€6,262 | -33.9% |
| Amounts payable within one year | 42/48 | €66,269 | €43,062 | -€23,206 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €16,631 | €6,269 | -€10,362 | -62.3% |
| Financial debts | 43 | €2,210 | €3,749 | +€1,538 | +69.6% |
| Credit institutions | 430/8 | €2,210 | €3,749 | +€1,538 | +69.6% |
| Trade debts | 44 | €31,738 | €12,480 | -€19,258 | -60.7% |
| Suppliers | 440/4 | €31,738 | €12,480 | -€19,258 | -60.7% |
| Taxes, remuneration and social security | 45 | €3,677 | €3,448 | -€229 | -6.2% |
| Taxes | 450/3 | €3,677 | €3,448 | -€229 | -6.2% |
| Other amounts payable | 47/48 | €12,013 | €17,118 | +€5,105 | +42.5% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,593 | €29,289 | -€1,304 | -4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €707 | +€707 | |
| Other operating charges | 640/8 | €2,985 | €2,960 | -€26 | -0.9% |
| Gross operating margin | 9900 | €46,293 | €42,636 | -€3,657 | -7.9% |
| Operating profit (loss) | 9901 | €12,714 | €9,680 | -€3,034 | -23.9% |
| Financial income | 75/76B | €2 | €2 | +€0 | +13.6% |
| Recurring financial income | 75 | €2 | €2 | +€0 | +13.6% |
| Financial charges | 65/66B | €2,306 | €1,859 | -€446 | -19.4% |
| Recurring financial charges | 65 | €2,306 | €1,859 | -€446 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €10,410 | €7,823 | -€2,588 | -24.9% |
| Transfer from deferred taxes | 780 | €120 | €86 | -€34 | -28.5% |
| Income taxes | 67/77 | €3,119 | €2,299 | -€820 | -26.3% |
| Profit (loss) for the period | 9904 | €7,411 | €5,610 | -€1,802 | -24.3% |
| Transfer from tax-exempt reserves | 789 | €480 | €343 | -€137 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,891 | €5,953 | -€1,938 | -24.6% |
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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 4 November 2026 via checked.be.