VIC CONCEPT: 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.
VIC CONCEPT
Largest movements
- Cash -€90,402
down €90,402 (-66.6%), from €135,823 to €45,421
mainly Trade debts (-€49,738) and Contributions, distributions and other (-€44,706)
- Tangible fixed assets +€17,093
up €17,093 (+244,188%), from €7 to €17,100
- Receivables within one year +€16,567
up €16,567 (+139%), from €11,921 to €28,488
of which Trade receivables: +€24,767
- Trade debts -€49,738
down €49,738 (-99.4%), from €50,023 to €285
- Profit (loss) carried forward -€26,901
down €26,901 (-33.2%), from €80,910 to €54,009
- Other debts +€20,000
new in 2025: €20,000
- Gross operating margin -€30,279
down €30,279 (-50.5%), from €59,994 to €29,715
- Taxes -€6,120
down €6,120 (-51.8%), from €11,818 to €5,698
- Depreciation +€5,272
up €5,272 (+1,212%), from €435 to €5,707
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 | €147,751 | €91,698 | -€56,053 | -37.9% |
| Fixed assets | 21/28 | €7 | €17,100 | +€17,093 | +244,188% |
| Tangible fixed assets | 22/27 | €7 | €17,100 | +€17,093 | +244,188% |
| Furniture and vehicles | 24 | €7 | €17,100 | +€17,093 | +244,188% |
| Current assets | 29/58 | €147,744 | €74,598 | -€73,146 | -49.5% |
| Amounts receivable within one year | 40/41 | €11,921 | €28,488 | +€16,567 | +139% |
| Trade receivables | 40 | €1,888 | €26,655 | +€24,767 | +1,312% |
| Other amounts receivable | 41 | €10,033 | €1,834 | -€8,199 | -81.7% |
| Cash at bank and in hand | 54/58 | €135,823 | €45,421 | -€90,402 | -66.6% |
| Deferred charges and accrued income | 490/1 | - | €689 | +€689 | |
| Total equity and liabilities | 10/49 | €147,751 | €91,698 | -€56,053 | -37.9% |
| Equity | 10/15 | €85,910 | €59,009 | -€26,901 | -31.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,910 | €54,009 | -€26,901 | -33.2% |
| Amounts payable | 17/49 | €61,841 | €32,689 | -€29,152 | -47.1% |
| Amounts payable within one year | 42/48 | €61,841 | €32,689 | -€29,152 | -47.1% |
| Trade debts | 44 | €50,023 | €285 | -€49,738 | -99.4% |
| Suppliers | 440/4 | €50,023 | €285 | -€49,738 | -99.4% |
| Taxes, remuneration and social security | 45 | €11,818 | €12,404 | +€586 | +5.0% |
| Taxes | 450/3 | €11,818 | €12,404 | +€586 | +5.0% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €5,707 | +€5,272 | +1,212% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €59,994 | €29,715 | -€30,279 | -50.5% |
| Operating profit (loss) | 9901 | €59,172 | €23,608 | -€35,564 | -60.1% |
| Financial charges | 65/66B | €108 | €104 | -€4 | -3.3% |
| Recurring financial charges | 65 | €108 | €104 | -€4 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €59,064 | €23,504 | -€35,560 | -60.2% |
| Income taxes | 67/77 | €11,818 | €5,698 | -€6,120 | -51.8% |
| Profit (loss) for the period | 9904 | €47,246 | €17,806 | -€29,440 | -62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,246 | €17,806 | -€29,440 | -62.3% |
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 18 October 2026 via checked.be.