Vynckthuys: 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.
Vynckthuys
Largest movements
- Tangible fixed assets -€45,070
down €45,070 (-4.3%), from €1.1m to €1.0m
of which Land and buildings: -€41,707
- Financial fixed assets -€44,653
down €44,653 (-99.4%), from €44,903 to €250
- Profit (loss) carried forward -€105,523
down €105,523 (-145%), from -€73,010 to -€178,532
- Other debts +€14,500
up €14,500 (+34.5%), from €42,080 to €56,580
- Financial charges +€39,154
up €39,154 (+93,916%), from €42 to €39,195
of which Non-recurring financial charges: +€39,153
- Gross operating margin +€10,482
up €10,482 (+35.1%), from -€29,898 to -€19,416
- Depreciation +€3,831
up €3,831 (+9.3%), from €41,240 to €45,070
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,148,680 | €1,059,452 | -€89,228 | -7.8% |
| Fixed assets | 21/28 | €1,102,788 | €1,013,064 | -€89,723 | -8.1% |
| Tangible fixed assets | 22/27 | €1,057,885 | €1,012,814 | -€45,070 | -4.3% |
| Land and buildings | 22 | €1,046,406 | €1,004,699 | -€41,707 | -4.0% |
| Plant, machinery and equipment | 23 | €11,479 | €8,115 | -€3,363 | -29.3% |
| Financial fixed assets | 28 | €44,903 | €250 | -€44,653 | -99.4% |
| Current assets | 29/58 | €45,892 | €46,388 | +€495 | +1.1% |
| Amounts receivable within one year | 40/41 | €36,488 | €34,324 | -€2,164 | -5.9% |
| Trade receivables | 40 | €17,911 | €17,404 | -€506 | -2.8% |
| Other amounts receivable | 41 | €18,577 | €16,920 | -€1,657 | -8.9% |
| Cash at bank and in hand | 54/58 | €5,772 | €8,286 | +€2,514 | +43.6% |
| Deferred charges and accrued income | 490/1 | €3,633 | €3,777 | +€145 | +4.0% |
| Total equity and liabilities | 10/49 | €1,148,680 | €1,059,452 | -€89,228 | -7.8% |
| Equity | 10/15 | -€27,550 | -€133,072 | -€105,523 | -383% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€73,010 | -€178,532 | -€105,523 | -145% |
| Amounts payable | 17/49 | €1,176,230 | €1,192,524 | +€16,294 | +1.4% |
| Amounts payable after more than one year | 17 | €1,131,699 | €1,131,699 | = | 0.0% |
| Other amounts payable | 178/9 | €1,131,699 | €1,131,699 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,531 | €60,825 | +€16,294 | +36.6% |
| Trade debts | 44 | €2,451 | €4,245 | +€1,794 | +73.2% |
| Suppliers | 440/4 | €2,451 | €4,245 | +€1,794 | +73.2% |
| Other amounts payable | 47/48 | €42,080 | €56,580 | +€14,500 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,240 | €45,070 | +€3,831 | +9.3% |
| Other operating charges | 640/8 | €1,769 | €1,841 | +€72 | +4.1% |
| Gross operating margin | 9900 | -€29,898 | -€19,416 | +€10,482 | +35.1% |
| Operating profit (loss) | 9901 | -€72,907 | -€66,327 | +€6,580 | +9.0% |
| Financial charges | 65/66B | €42 | €39,195 | +€39,154 | +93,916% |
| Recurring financial charges | 65 | €42 | €42 | +€1 | +1.6% |
| Non-recurring financial charges | 66B | - | €39,153 | +€39,153 | |
| Profit (loss) for the period before taxes | 9903 | -€72,948 | -€105,523 | -€32,574 | -44.7% |
| Profit (loss) for the period | 9904 | -€72,948 | -€105,523 | -€32,574 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,948 | -€105,523 | -€32,574 | -44.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.