FeVicto: 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.
FeVicto
Largest movements
- Cash -€32,469
down €32,469 (-31.1%), from €104,405 to €71,936
mainly Debts after one year (-€51,667) and Other debts (-€37,287)
- Tangible fixed assets -€21,023
down €21,023 (-4.3%), from €486,000 to €464,977
- Debts after one year -€51,667
down €51,667 (-53.4%), from €96,833 to €45,166
of which Financial debts: -€51,667
- Other debts -€37,287
down €37,287 (-91.8%), from €40,613 to €3,325
- Reserves +€32,503
up €32,503 (+47.6%), from €68,223 to €100,726
- Gross operating margin +€3,206
up €3,206 (+2.3%), from €137,112 to €140,318
- Financial charges -€1,760
down €1,760 (-4.7%), from €37,553 to €35,793
- Taxes -€1,712
down €1,712 (-13.5%), from €12,710 to €10,998
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.
Cash bridge derived
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 | €596,129 | €545,788 | -€50,341 | -8.4% |
| Fixed assets | 21/28 | €486,000 | €464,977 | -€21,023 | -4.3% |
| Tangible fixed assets | 22/27 | €486,000 | €464,977 | -€21,023 | -4.3% |
| Land and buildings | 22 | €486,000 | €464,977 | -€21,023 | -4.3% |
| Current assets | 29/58 | €110,129 | €80,812 | -€29,317 | -26.6% |
| Amounts receivable within one year | 40/41 | €5,723 | €8,875 | +€3,152 | +55.1% |
| Other amounts receivable | 41 | €5,723 | €8,875 | +€3,152 | +55.1% |
| Cash at bank and in hand | 54/58 | €104,405 | €71,936 | -€32,469 | -31.1% |
| Total equity and liabilities | 10/49 | €596,129 | €545,788 | -€50,341 | -8.4% |
| Equity | 10/15 | €77,750 | €110,253 | +€32,503 | +41.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,223 | €100,726 | +€32,503 | +47.6% |
| Distributable reserves | 133 | €68,223 | €100,726 | +€32,503 | +47.6% |
| Profit (loss) carried forward | 14 | -€2,874 | -€2,874 | = | 0.0% |
| Provisions and deferred taxes | 16 | €365,981 | €365,038 | -€944 | -0.3% |
| Provisions for liabilities and charges | 160/5 | €365,981 | €365,038 | -€944 | -0.3% |
| Other liabilities and charges | 164/5 | €365,981 | €365,038 | -€944 | -0.3% |
| Amounts payable | 17/49 | €152,398 | €70,498 | -€81,900 | -53.7% |
| Amounts payable after more than one year | 17 | €96,833 | €45,166 | -€51,667 | -53.4% |
| Financial debts | 170/4 | €69,833 | €18,166 | -€51,667 | -74.0% |
| Other amounts payable | 178/9 | €27,000 | €27,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,941 | €13,330 | -€30,611 | -69.7% |
| Trade debts | 44 | €605 | €4,031 | +€3,426 | +566.3% |
| Suppliers | 440/4 | €605 | €4,031 | +€3,426 | +566.3% |
| Taxes, remuneration and social security | 45 | €2,724 | €5,974 | +€3,250 | +119.3% |
| Taxes | 450/3 | €2,724 | €5,974 | +€3,250 | +119.3% |
| Other amounts payable | 47/48 | €40,613 | €3,325 | -€37,287 | -91.8% |
| Accrued charges and deferred income | 492/3 | €11,624 | €12,001 | +€377 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,000 | €55,286 | +€1,286 | +2.4% |
| Other operating charges | 640/8 | €5,613 | €5,738 | +€125 | +2.2% |
| Gross operating margin | 9900 | €137,112 | €140,318 | +€3,206 | +2.3% |
| Operating profit (loss) | 9901 | €77,499 | €79,294 | +€1,795 | +2.3% |
| Financial charges | 65/66B | €37,553 | €35,793 | -€1,760 | -4.7% |
| Recurring financial charges | 65 | €37,553 | €35,793 | -€1,760 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €39,946 | €43,501 | +€3,555 | +8.9% |
| Income taxes | 67/77 | €12,710 | €10,998 | -€1,712 | -13.5% |
| Profit (loss) for the period | 9904 | €27,236 | €32,503 | +€5,267 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,236 | €32,503 | +€5,267 | +19.3% |
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 9 October 2026 via checked.be.