VIC-WIN: 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.
VIC-WIN
Largest movements
- Cash +€3,064
up €3,064 (+91.5%), from €3,350 to €6,414
mainly Debts after one year (+€614,525) and Trade debts (+€15,580)
- Debts after one year +€614,525
new in 2025: €614,525
- Short-term financial debts -€560,051
no longer reported in 2025 (was €560,051)
- Profit (loss) carried forward -€66,990
down €66,990 (-8.2%), from -€812,444 to -€879,434
- Trade debts +€15,580
up €15,580 (+271.3%), from €5,743 to €21,323
- Financial charges +€3,445
up €3,445 (+9.0%), from €38,494 to €41,939
- Gross operating margin +€1,329
up €1,329 (+5.1%), from -€25,980 to -€24,651
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 | €3,350 | €6,414 | +€3,064 | +91.5% |
| Current assets | 29/58 | €3,350 | €6,414 | +€3,064 | +91.5% |
| Cash at bank and in hand | 54/58 | €3,350 | €6,414 | +€3,064 | +91.5% |
| Total equity and liabilities | 10/49 | €3,350 | €6,414 | +€3,064 | +91.5% |
| Equity | 10/15 | -€562,444 | -€629,434 | -€66,990 | -11.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€812,444 | -€879,434 | -€66,990 | -8.2% |
| Amounts payable | 17/49 | €565,794 | €635,848 | +€70,053 | +12.4% |
| Amounts payable after more than one year | 17 | - | €614,525 | +€614,525 | |
| Financial debts | 170/4 | - | €614,525 | +€614,525 | |
| Amounts payable within one year | 42/48 | €565,794 | €21,323 | -€544,471 | -96.2% |
| Financial debts | 43 | €560,051 | - | -€560,051 | |
| Other loans | 439 | €560,051 | - | -€560,051 | |
| Trade debts | 44 | €5,743 | €21,323 | +€15,580 | +271.3% |
| Suppliers | 440/4 | €5,743 | €21,323 | +€15,580 | +271.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€25,980 | -€24,651 | +€1,329 | +5.1% |
| Operating profit (loss) | 9901 | -€26,367 | -€25,051 | +€1,316 | +5.0% |
| Financial charges | 65/66B | €38,494 | €41,939 | +€3,445 | +9.0% |
| Recurring financial charges | 65 | €38,494 | €41,939 | +€3,445 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€64,861 | -€66,990 | -€2,129 | -3.3% |
| Profit (loss) for the period | 9904 | -€64,861 | -€66,990 | -€2,129 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,861 | -€66,990 | -€2,129 | -3.3% |
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 4 October 2026 via checked.be.