VACON Design: what changed
Two fiscal 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.
VACON Design
Largest movements
- Cash -€22,589
down €22,589 (-86.0%), from €26,272 to €3,683
mainly Investment in fixed assets (net) (-€17,021) and Trade debts (-€9,637)
- Tangible fixed assets +€13,260
new in 2025: €13,260
of which Plant, machinery and equipment: +€9,793
- Receivables within one year +€9,239
up €9,239 (+232.7%), from €3,970 to €13,209
of which Trade receivables: +€13,209
- Current investments +€800
new in 2025: €800
- Trade debts -€9,637
down €9,637 (-40.0%), from €24,078 to €14,440
- Tax, wage and social debts +€8,544
up €8,544 (+1080.1%), from €791 to €9,335
of which Taxes: +€5,702
- Profit (loss) carried forward +€1,971
up €1,971 (+83.1%), from €2,373 to €4,344
- Gross operating margin +€2,728
up €2,728 (+63.8%), from €4,276 to €7,004
- Depreciation +€2,652
up €2,652 (+239.3%), from €1,108 to €3,761
- Financial charges +€505
up €505 (+14978.0%), from €3 to €508
- Taxes -€147
down €147 (-18.6%), from €791 to €644
- Other operating charges +€120
new in 2025: €120
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 | €30,242 | €31,198 | +€957 | +3.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €13,260 | +€13,260 | |
| Tangible fixed assets | 22/27 | - | €13,260 | +€13,260 | |
| Plant, machinery and equipment | 23 | - | €9,793 | +€9,793 | |
| Furniture and vehicles | 24 | - | €3,467 | +€3,467 | |
| Current assets | 29/58 | €30,242 | €17,939 | -€12,303 | -40.7% |
| Amounts receivable within one year | 40/41 | €3,970 | €13,209 | +€9,239 | +232.7% |
| Trade receivables | 40 | - | €13,209 | +€13,209 | |
| Other amounts receivable | 41 | €3,970 | - | -€3,970 | |
| Current investments | 50/53 | - | €800 | +€800 | |
| Cash at bank and in hand | 54/58 | €26,272 | €3,683 | -€22,589 | -86.0% |
| Deferred charges and accrued income | 490/1 | - | €247 | +€247 | |
| Total equity and liabilities | 10/49 | €30,242 | €31,198 | +€957 | +3.2% |
| Equity | 10/15 | €4,373 | €6,344 | +€1,971 | +45.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,373 | €4,344 | +€1,971 | +83.1% |
| Amounts payable | 17/49 | €25,869 | €24,854 | -€1,014 | -3.9% |
| Amounts payable within one year | 42/48 | €24,869 | €23,873 | -€995 | -4.0% |
| Trade debts | 44 | €24,078 | €14,440 | -€9,637 | -40.0% |
| Suppliers | 440/4 | €24,078 | €14,440 | -€9,637 | -40.0% |
| Taxes, remuneration and social security | 45 | €791 | €9,335 | +€8,544 | +1080.1% |
| Taxes | 450/3 | €791 | €6,493 | +€5,702 | +720.8% |
| Remuneration and social security | 454/9 | - | €2,842 | +€2,842 | |
| Other amounts payable | 47/48 | - | €98 | +€98 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €981 | -€19 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,108 | €3,761 | +€2,652 | +239.3% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €4,276 | €7,004 | +€2,728 | +63.8% |
| Operating profit (loss) | 9901 | €3,167 | €3,123 | -€44 | -1.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3 | €508 | +€505 | +14978.0% |
| Recurring financial charges | 65 | €3 | €508 | +€505 | +14978.0% |
| Profit (loss) for the period before taxes | 9903 | €3,164 | €2,615 | -€549 | -17.3% |
| Income taxes | 67/77 | €791 | €644 | -€147 | -18.6% |
| Profit (loss) for the period | 9904 | €2,373 | €1,971 | -€402 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,373 | €1,971 | -€402 | -16.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.