Vicagro: 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.
Vicagro
Largest movements
- Financial fixed assets +€750,335
new in 2025: €750,335
- Receivables within one year +€55,820
up €55,820 (+459%), from €12,155 to €67,975
of which Trade receivables: +€55,800
- Debts after one year +€550,547
new in 2025: €550,547
- Current portion of long-term debt +€174,787
new in 2025: €174,787
- Reserves +€41,027
up €41,027 (+482%), from €8,518 to €49,545
- Other debts +€28,662
up €28,662 (+3,121%), from €919 to €29,580
- Tax, wage and social debts +€11,605
up €11,605 (+192%), from €6,039 to €17,644
- Gross operating margin +€43,231
up €43,231 (+367%), from €11,768 to €55,000
- Taxes +€8,669
up €8,669 (+360%), from €2,410 to €11,080
- Financial charges +€1,101
up €1,101 (+17,196%), from €6 to €1,107
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 | €41,928 | €847,498 | +€805,570 | +1,921% |
| Fixed assets | 21/28 | - | €750,335 | +€750,335 | |
| Financial fixed assets | 28 | - | €750,335 | +€750,335 | |
| Current assets | 29/58 | €41,928 | €97,163 | +€55,235 | +132% |
| Amounts receivable within one year | 40/41 | €12,155 | €67,975 | +€55,820 | +459% |
| Trade receivables | 40 | €12,155 | €67,955 | +€55,800 | +459% |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €29,773 | €29,188 | -€584 | -2.0% |
| Total equity and liabilities | 10/49 | €41,928 | €847,498 | +€805,570 | +1,921% |
| Equity | 10/15 | €33,518 | €74,545 | +€41,027 | +122% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €8,518 | €49,545 | +€41,027 | +482% |
| Distributable reserves | 133 | €8,518 | €49,545 | +€41,027 | +482% |
| Amounts payable | 17/49 | €8,409 | €772,952 | +€764,543 | +9,092% |
| Amounts payable after more than one year | 17 | - | €550,547 | +€550,547 | |
| Financial debts | 170/4 | - | €550,547 | +€550,547 | |
| Amounts payable within one year | 42/48 | €7,284 | €222,405 | +€215,121 | +2,953% |
| Current portion of amounts payable after more than one year | 42 | - | €174,787 | +€174,787 | |
| Trade debts | 44 | €327 | €394 | +€67 | +20.6% |
| Suppliers | 440/4 | €327 | €394 | +€67 | +20.6% |
| Taxes, remuneration and social security | 45 | €6,039 | €17,644 | +€11,605 | +192% |
| Taxes | 450/3 | €6,039 | €17,644 | +€11,605 | +192% |
| Other amounts payable | 47/48 | €919 | €29,580 | +€28,662 | +3,121% |
| Accrued charges and deferred income | 492/3 | €1,125 | - | -€1,125 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €11,768 | €55,000 | +€43,231 | +367% |
| Operating profit (loss) | 9901 | €11,768 | €54,880 | +€43,111 | +366% |
| Financial charges | 65/66B | €6 | €1,107 | +€1,101 | +17,196% |
| Recurring financial charges | 65 | €6 | €1,107 | +€1,101 | +17,196% |
| Profit (loss) for the period before taxes | 9903 | €11,762 | €53,773 | +€42,011 | +357% |
| Income taxes | 67/77 | €2,410 | €11,080 | +€8,669 | +360% |
| Profit (loss) for the period | 9904 | €9,351 | €42,693 | +€33,342 | +357% |
| Profit (loss) for the period to be appropriated | 9905 | €9,351 | €42,693 | +€33,342 | +357% |
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 13 October 2026 via checked.be.