VACALOCA: 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.
VACALOCA
Largest movements
- Tangible fixed assets -€15,972
down €15,972 (-10.3%), from €154,987 to €139,015
of which Land and buildings: -€11,220
- Cash -€6,666
down €6,666 (-3.9%), from €171,460 to €164,794
mainly Contributions, distributions and other (-€12,000) and Debts after one year (-€10,933)
- Debts after one year -€10,933
down €10,933 (-53.8%), from €20,305 to €9,372
- Reserves -€10,282
down €10,282 (-5.1%), from €200,477 to €190,194
of which Distributable reserves: -€10,282
- Accrued charges and deferred income -€10,204
down €10,204 (-12.1%), from €84,526 to €74,322
- Tax, wage and social debts +€8,346
up €8,346 (+264%), from €3,161 to €11,508
- Other debts +€4,623
up €4,623 (+111%), from €4,164 to €8,787
- Gross operating margin +€10,432
up €10,432 (+57.7%), from €18,096 to €28,528
- Depreciation -€3,275
down €3,275 (-15.0%), from €21,816 to €18,541
- Taxes +€2,023
up €2,023 (+856%), from €236 to €2,259
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 | €334,686 | €311,465 | -€23,220 | -6.9% |
| Fixed assets | 21/28 | €154,987 | €139,015 | -€15,972 | -10.3% |
| Tangible fixed assets | 22/27 | €154,987 | €139,015 | -€15,972 | -10.3% |
| Land and buildings | 22 | €143,441 | €132,221 | -€11,220 | -7.8% |
| Plant, machinery and equipment | 23 | €1,803 | €1,007 | -€796 | -44.1% |
| Furniture and vehicles | 24 | €9,743 | €5,787 | -€3,956 | -40.6% |
| Current assets | 29/58 | €179,699 | €172,450 | -€7,248 | -4.0% |
| Amounts receivable within one year | 40/41 | €1,766 | €1,013 | -€753 | -42.6% |
| Trade receivables | 40 | €2 | €1,013 | +€1,011 | +41,757% |
| Other amounts receivable | 41 | €1,764 | €0 | -€1,764 | -100% |
| Cash at bank and in hand | 54/58 | €171,460 | €164,794 | -€6,666 | -3.9% |
| Deferred charges and accrued income | 490/1 | €6,473 | €6,643 | +€171 | +2.6% |
| Total equity and liabilities | 10/49 | €334,686 | €311,465 | -€23,220 | -6.9% |
| Equity | 10/15 | €206,677 | €196,394 | -€10,282 | -5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200,477 | €190,194 | -€10,282 | -5.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €200,477 | €190,194 | -€10,282 | -5.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €128,009 | €115,071 | -€12,938 | -10.1% |
| Amounts payable after more than one year | 17 | €20,305 | €9,372 | -€10,933 | -53.8% |
| Financial debts | 170/4 | €20,305 | €9,372 | -€10,933 | -53.8% |
| Amounts payable within one year | 42/48 | €23,178 | €31,376 | +€8,199 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €15,234 | €10,933 | -€4,302 | -28.2% |
| Trade debts | 44 | €618 | €149 | -€469 | -75.9% |
| Suppliers | 440/4 | €618 | €149 | -€469 | -75.9% |
| Taxes, remuneration and social security | 45 | €3,161 | €11,508 | +€8,346 | +264% |
| Taxes | 450/3 | €3,161 | €11,508 | +€8,346 | +264% |
| Other amounts payable | 47/48 | €4,164 | €8,787 | +€4,623 | +111% |
| Accrued charges and deferred income | 492/3 | €84,526 | €74,322 | -€10,204 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,816 | €18,541 | -€3,275 | -15.0% |
| Other operating charges | 640/8 | €5,028 | €4,866 | -€163 | -3.2% |
| Gross operating margin | 9900 | €18,096 | €28,528 | +€10,432 | +57.7% |
| Operating profit (loss) | 9901 | -€8,748 | €5,121 | +€13,869 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €1,426 | €1,144 | -€282 | -19.8% |
| Recurring financial charges | 65 | €1,426 | €1,144 | -€282 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,168 | €3,977 | +€14,144 | |
| Income taxes | 67/77 | €236 | €2,259 | +€2,023 | +856% |
| Profit (loss) for the period | 9904 | -€10,404 | €1,718 | +€12,122 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,404 | €1,718 | +€12,122 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.