VYNCKE-VAN LEENE: 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-VAN LEENE
Largest movements
- Cash -€8,524
down €8,524 (-74.4%), from €11,453 to €2,929
mainly Receivables within one year (-€5,967) and Other debts (-€5,382)
- Receivables within one year +€5,967
up €5,967 (+123%), from €4,845 to €10,813
of which Trade receivables: +€5,292
- Tangible fixed assets -€3,346
down €3,346 (-54.9%), from €6,089 to €2,743
of which Plant, machinery and equipment: -€2,793
- Other debts -€5,382
down €5,382 (-88.1%), from €6,106 to €724
- Trade debts -€538
down €538 (-31.2%), from €1,725 to €1,187
- Gross operating margin -€9,308
down €9,308 (-62.7%), from €14,857 to €5,549
- Taxes -€2,160
down €2,160 (-100%), from €2,160 to €0
- Depreciation -€1,895
down €1,895 (-36.2%), from €5,240 to €3,346
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 | €22,484 | €16,582 | -€5,902 | -26.2% |
| Fixed assets | 21/28 | €6,186 | €2,840 | -€3,346 | -54.1% |
| Tangible fixed assets | 22/27 | €6,089 | €2,743 | -€3,346 | -54.9% |
| Plant, machinery and equipment | 23 | €5,019 | €2,226 | -€2,793 | -55.7% |
| Furniture and vehicles | 24 | €1,069 | €517 | -€552 | -51.7% |
| Financial fixed assets | 28 | €97 | €97 | = | 0.0% |
| Current assets | 29/58 | €16,298 | €13,742 | -€2,556 | -15.7% |
| Amounts receivable within one year | 40/41 | €4,845 | €10,813 | +€5,967 | +123% |
| Trade receivables | 40 | €4,473 | €9,765 | +€5,292 | +118% |
| Other amounts receivable | 41 | €372 | €1,048 | +€675 | +181% |
| Cash at bank and in hand | 54/58 | €11,453 | €2,929 | -€8,524 | -74.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €22,484 | €16,582 | -€5,902 | -26.2% |
| Equity | 10/15 | €14,492 | €14,671 | +€178 | +1.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,631 | €2,810 | +€178 | +6.8% |
| Amounts payable | 17/49 | €7,991 | €1,911 | -€6,080 | -76.1% |
| Amounts payable within one year | 42/48 | €7,991 | €1,911 | -€6,080 | -76.1% |
| Trade debts | 44 | €1,725 | €1,187 | -€538 | -31.2% |
| Suppliers | 440/4 | €1,725 | €1,187 | -€538 | -31.2% |
| Taxes, remuneration and social security | 45 | €160 | €0 | -€160 | -100% |
| Taxes | 450/3 | €160 | €0 | -€160 | -100% |
| Other amounts payable | 47/48 | €6,106 | €724 | -€5,382 | -88.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,240 | €3,346 | -€1,895 | -36.2% |
| Other operating charges | 640/8 | €1,865 | €1,828 | -€37 | -2.0% |
| Non-recurring operating charges | 66A | €3,182 | €0 | -€3,182 | -100% |
| Gross operating margin | 9900 | €14,857 | €5,549 | -€9,308 | -62.7% |
| Operating profit (loss) | 9901 | €4,569 | €375 | -€4,194 | -91.8% |
| Financial income | 75/76B | €11 | €19 | +€8 | +69.9% |
| Recurring financial income | 75 | €11 | €19 | +€8 | +69.9% |
| Financial charges | 65/66B | €185 | €216 | +€31 | +16.6% |
| Recurring financial charges | 65 | €185 | €216 | +€31 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €4,395 | €178 | -€4,217 | -95.9% |
| Income taxes | 67/77 | €2,160 | €0 | -€2,160 | -100% |
| Profit (loss) for the period | 9904 | €2,235 | €178 | -€2,057 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,235 | €178 | -€2,057 | -92.0% |
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 24 October 2026 via checked.be.