VYNCKE Service: 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.
VYNCKE Service
Largest movements
- Cash +€83,666
up €83,666 (+104%), from €80,798 to €164,464
mainly Net result for the year (+€83,512) and Other debts (+€40,000)
- Stocks and contracts -€35,543
down €35,543 (-59.1%), from €60,109 to €24,566
of which Contracts in progress: -€29,607
- Receivables within one year -€20,565
down €20,565 (-17.5%), from €117,622 to €97,057
of which Other amounts receivable: -€12,458
- Tangible fixed assets -€11,389
down €11,389 (-57.3%), from €19,892 to €8,503
- Reserves +€168,083
up €168,083 (+8,404%), from €2,000 to €170,083
of which Distributable reserves: +€168,083
- Profit (loss) carried forward -€164,571
down €164,571 (-100%), from €164,571 to €0
- Other debts +€40,000
up €40,000 (+100%), from €40,000 to €80,000
- Trade debts -€21,297
down €21,297 (-100%), from €21,297 to €0
- Gross operating margin +€42,978
up €42,978 (+42.7%), from €100,768 to €143,746
- Taxes +€21,628
up €21,628 (+91.6%), from €23,602 to €45,230
- Depreciation -€8,062
down €8,062 (-41.4%), from €19,451 to €11,389
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.
Derived cash bridge
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 | €279,160 | €295,828 | +€16,668 | +6.0% |
| Fixed assets | 21/28 | €19,892 | €8,503 | -€11,389 | -57.3% |
| Tangible fixed assets | 22/27 | €19,892 | €8,503 | -€11,389 | -57.3% |
| Plant, machinery and equipment | 23 | €1,653 | €893 | -€760 | -46.0% |
| Furniture and vehicles | 24 | €5,189 | €0 | -€5,189 | -100% |
| Other tangible fixed assets | 26 | €13,050 | €7,610 | -€5,440 | -41.7% |
| Current assets | 29/58 | €259,268 | €287,325 | +€28,057 | +10.8% |
| Stocks and contracts in progress | 3 | €60,109 | €24,566 | -€35,543 | -59.1% |
| Stocks | 30/36 | €30,502 | €24,566 | -€5,936 | -19.5% |
| Contracts in progress | 37 | €29,607 | €0 | -€29,607 | -100% |
| Amounts receivable within one year | 40/41 | €117,622 | €97,057 | -€20,565 | -17.5% |
| Trade receivables | 40 | €97,148 | €89,041 | -€8,107 | -8.3% |
| Other amounts receivable | 41 | €20,473 | €8,016 | -€12,458 | -60.8% |
| Cash at bank and in hand | 54/58 | €80,798 | €164,464 | +€83,666 | +104% |
| Deferred charges and accrued income | 490/1 | €739 | €1,238 | +€499 | +67.5% |
| Total equity and liabilities | 10/49 | €279,160 | €295,828 | +€16,668 | +6.0% |
| Equity | 10/15 | €186,571 | €190,083 | +€3,512 | +1.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | - | -€20,000 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €2,000 | €170,083 | +€168,083 | +8,404% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | - | €168,083 | +€168,083 | |
| Profit (loss) carried forward | 14 | €164,571 | €0 | -€164,571 | -100% |
| Amounts payable | 17/49 | €92,589 | €105,745 | +€13,155 | +14.2% |
| Amounts payable within one year | 42/48 | €92,316 | €105,727 | +€13,411 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €3,995 | €3,378 | -€617 | -15.4% |
| Trade debts | 44 | €21,297 | €0 | -€21,297 | -100% |
| Suppliers | 440/4 | €21,297 | €0 | -€21,297 | -100% |
| Advances received on contracts in progress | 46 | €1,800 | €0 | -€1,800 | -100% |
| Taxes, remuneration and social security | 45 | €25,224 | €22,349 | -€2,875 | -11.4% |
| Taxes | 450/3 | €24,042 | €22,349 | -€1,693 | -7.0% |
| Remuneration and social security | 454/9 | €1,182 | €0 | -€1,182 | -100% |
| Other amounts payable | 47/48 | €40,000 | €80,000 | +€40,000 | +100% |
| Accrued charges and deferred income | 492/3 | €273 | €18 | -€256 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,451 | €11,389 | -€8,062 | -41.4% |
| Other operating charges | 640/8 | €2,656 | €2,876 | +€220 | +8.3% |
| Gross operating margin | 9900 | €100,768 | €143,746 | +€42,978 | +42.7% |
| Operating profit (loss) | 9901 | €78,661 | €129,481 | +€50,820 | +64.6% |
| Financial income | 75/76B | €62 | €309 | +€246 | +395% |
| Recurring financial income | 75 | €62 | €309 | +€246 | +395% |
| Financial charges | 65/66B | €1,045 | €1,048 | +€2 | +0.2% |
| Recurring financial charges | 65 | €1,045 | €1,048 | +€2 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €77,678 | €128,742 | +€51,064 | +65.7% |
| Income taxes | 67/77 | €23,602 | €45,230 | +€21,628 | +91.6% |
| Profit (loss) for the period | 9904 | €54,076 | €83,512 | +€29,437 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,076 | €83,512 | +€29,437 | +54.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.