VACHRICO: 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.
VACHRICO
Largest movements
- Receivables within one year -€7.7m
down €7.7m (-95.2%), from €8.1m to €386,314
- Receivables after one year +€6.9m
up €6.9m (+6566.7%), from €105,000 to €7.0m
- Profit (loss) carried forward -€3.1m
down €3.1m (-98.8%), from €3.2m to €39,135
- Reserves +€1.9m
up €1.9m (+38.4%), from €4.8m to €6.7m
of which Non-distributable reserves: +€1.9m
- Current portion of long-term debt +€293,183
new in 2025: €293,183
- Tax, wage and social debts +€202,510
up €202,510 (+114.0%), from €177,668 to €380,178
- Gross operating margin +€657,963
up €657,963 (+33.5%), from €2.0m to €2.6m
- Taxes +€210,763
up €210,763 (+31.5%), from €669,414 to €880,178
- Financial income -€116,340
down €116,340 (-47.5%), from €245,046 to €128,706
of which Non-recurring financial income: -€132,000
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 | €8,197,157 | €7,406,680 | -€790,476 | -9.6% |
| Current assets | 29/58 | €8,197,157 | €7,406,680 | -€790,476 | -9.6% |
| Amounts receivable after more than one year | 29 | €105,000 | €7,000,000 | +€6.9m | +6566.7% |
| Other amounts receivable | 291 | €105,000 | €7,000,000 | +€6.9m | +6566.7% |
| Amounts receivable within one year | 40/41 | €8,080,000 | €386,314 | -€7.7m | -95.2% |
| Other amounts receivable | 41 | €8,080,000 | €386,314 | -€7.7m | -95.2% |
| Cash at bank and in hand | 54/58 | €12,157 | €20,367 | +€8,210 | +67.5% |
| Total equity and liabilities | 10/49 | €8,197,157 | €7,406,680 | -€790,476 | -9.6% |
| Equity | 10/15 | €8,019,196 | €6,732,912 | -€1.3m | -16.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €4,818,777 | €6,668,777 | +€1.9m | +38.4% |
| Non-distributable reserves | 130/1 | €4,800,000 | €6,650,000 | +€1.9m | +38.5% |
| Other | 1319 | €4,800,000 | €6,650,000 | +€1.9m | +38.5% |
| Distributable reserves | 133 | €18,777 | €18,777 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,175,419 | €39,135 | -€3.1m | -98.8% |
| Amounts payable | 17/49 | €177,961 | €673,768 | +€495,807 | +278.6% |
| Amounts payable within one year | 42/48 | €177,961 | €673,361 | +€495,400 | +278.4% |
| Current portion of amounts payable after more than one year | 42 | - | €293,183 | +€293,183 | |
| Trade debts | 44 | €293 | - | -€293 | |
| Suppliers | 440/4 | €293 | - | -€293 | |
| Taxes, remuneration and social security | 45 | €177,668 | €380,178 | +€202,510 | +114.0% |
| Taxes | 450/3 | €177,668 | €380,178 | +€202,510 | +114.0% |
| Accrued charges and deferred income | 492/3 | - | €407 | +€407 | |
| Other operating charges | 640/8 | €1,179 | €1,214 | +€36 | +3.0% |
| Gross operating margin | 9900 | €1,963,235 | €2,621,198 | +€657,963 | +33.5% |
| Operating profit (loss) | 9901 | €1,962,056 | €2,619,984 | +€657,928 | +33.5% |
| Financial income | 75/76B | €245,046 | €128,706 | -€116,340 | -47.5% |
| Recurring financial income | 75 | €113,046 | €128,706 | +€15,660 | +13.9% |
| Non-recurring financial income | 76B | €132,000 | - | -€132,000 | |
| Financial charges | 65/66B | €28 | €4,796 | +€4,768 | +17097.5% |
| Recurring financial charges | 65 | €28 | €4,796 | +€4,768 | +17097.5% |
| Profit (loss) for the period before taxes | 9903 | €2,207,075 | €2,743,894 | +€536,819 | +24.3% |
| Income taxes | 67/77 | €669,414 | €880,178 | +€210,763 | +31.5% |
| Profit (loss) for the period | 9904 | €1,537,660 | €1,863,716 | +€326,056 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,537,660 | €1,863,716 | +€326,056 | +21.2% |
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 12 October 2026 via checked.be.