DR VICARI AGNESE: 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.
DR VICARI AGNESE
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€42,800
down €42,800 (-39.5%), from €108,220 to €65,420
mainly Contributions, distributions and other (-€107,186) and Current investments (-€50,000)
- Deferred charges and accrued income -€24,033
down €24,033 (-45.3%), from €53,033 to €29,000
- Receivables within one year +€14,846
up €14,846 (+545%), from €2,725 to €17,571
- Tangible fixed assets -€12,093
down €12,093 (-34.6%), from €35,001 to €22,907
of which Furniture and vehicles: -€12,301
- Profit (loss) carried forward -€69,703
no longer reported in 2025 (was €69,703)
- Other debts +€63,840
up €63,840 (+66.7%), from €95,698 to €159,538
- Trade debts -€12,064
down €12,064 (-91.4%), from €13,202 to €1,138
- Tax, wage and social debts +€3,847
up €3,847 (+217%), from €1,776 to €5,622
- Gross operating margin -€41,343
down €41,343 (-37.6%), from €109,965 to €68,623
- Taxes -€9,846
down €9,846 (-44.2%), from €22,275 to €12,429
- Financial charges +€1,135
up €1,135 (+356%), from €319 to €1,454
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 | €198,979 | €184,899 | -€14,080 | -7.1% |
| Fixed assets | 21/28 | €35,001 | €22,907 | -€12,093 | -34.6% |
| Tangible fixed assets | 22/27 | €35,001 | €22,907 | -€12,093 | -34.6% |
| Plant, machinery and equipment | 23 | €3,736 | €3,173 | -€563 | -15.1% |
| Furniture and vehicles | 24 | €31,265 | €18,964 | -€12,301 | -39.3% |
| Assets under construction and advance payments | 27 | - | €770 | +€770 | |
| Current assets | 29/58 | €163,979 | €161,991 | -€1,987 | -1.2% |
| Amounts receivable within one year | 40/41 | €2,725 | €17,571 | +€14,846 | +545% |
| Other amounts receivable | 41 | €2,725 | €17,571 | +€14,846 | +545% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €108,220 | €65,420 | -€42,800 | -39.5% |
| Deferred charges and accrued income | 490/1 | €53,033 | €29,000 | -€24,033 | -45.3% |
| Total equity and liabilities | 10/49 | €198,979 | €184,899 | -€14,080 | -7.1% |
| Equity | 10/15 | €88,303 | €18,600 | -€69,703 | -78.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,703 | - | -€69,703 | |
| Amounts payable | 17/49 | €110,676 | €166,299 | +€55,623 | +50.3% |
| Amounts payable within one year | 42/48 | €110,676 | €166,299 | +€55,623 | +50.3% |
| Trade debts | 44 | €13,202 | €1,138 | -€12,064 | -91.4% |
| Suppliers | 440/4 | €13,202 | €1,138 | -€12,064 | -91.4% |
| Taxes, remuneration and social security | 45 | €1,776 | €5,622 | +€3,847 | +217% |
| Taxes | 450/3 | €1,776 | €5,622 | +€3,847 | +217% |
| Other amounts payable | 47/48 | €95,698 | €159,538 | +€63,840 | +66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,668 | €17,257 | -€411 | -2.3% |
| Gross operating margin | 9900 | €109,965 | €68,623 | -€41,343 | -37.6% |
| Operating profit (loss) | 9901 | €92,297 | €51,365 | -€40,932 | -44.3% |
| Financial charges | 65/66B | €319 | €1,454 | +€1,135 | +356% |
| Recurring financial charges | 65 | €319 | €1,454 | +€1,135 | +356% |
| Profit (loss) for the period before taxes | 9903 | €91,978 | €49,911 | -€42,067 | -45.7% |
| Income taxes | 67/77 | €22,275 | €12,429 | -€9,846 | -44.2% |
| Profit (loss) for the period | 9904 | €69,703 | €37,483 | -€32,221 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,703 | €37,483 | -€32,221 | -46.2% |
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 30 October 2026 via checked.be.