VICAN: 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.
VICAN
Largest movements
- Receivables within one year +€29,804
up €29,804 (+101.7%), from €29,318 to €59,121
of which Trade receivables: +€22,822
- Tangible fixed assets -€8,523
down €8,523 (-19.1%), from €44,540 to €36,017
of which Other tangible fixed assets: -€6,337
- Deferred charges and accrued income +€1,445
up €1,445 (+867.9%), from €167 to €1,612
- Accrued charges and deferred income +€11,993
up €11,993 (+2115.8%), from €567 to €12,560
- Profit (loss) carried forward +€9,858
up €9,858 (+47.9%), from €20,568 to €30,426
- Tax, wage and social debts +€5,352
up €5,352 (+57.7%), from €9,273 to €14,625
of which Taxes: +€5,352
- Debts after one year -€2,666
down €2,666 (-16.2%), from €16,409 to €13,743
- Other debts -€1,630
down €1,630 (-100.0%), from €1,630 to €0
- Other operating charges +€16,347
up €16,347 (+4382.2%), from €373 to €16,720
- Taxes -€3,203
down €3,203 (-36.4%), from €8,805 to €5,602
- Gross operating margin +€1,467
up €1,467 (+3.4%), from €42,701 to €44,168
- Depreciation -€493
down €493 (-7.1%), from €6,919 to €6,427
- Financial charges -€451
down €451 (-7.4%), from €6,082 to €5,631
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 | €80,174 | €103,208 | +€23,034 | +28.7% |
| Fixed assets | 21/28 | €44,665 | €36,142 | -€8,523 | -19.1% |
| Tangible fixed assets | 22/27 | €44,540 | €36,017 | -€8,523 | -19.1% |
| Plant, machinery and equipment | 23 | €3,159 | €1,960 | -€1,199 | -38.0% |
| Furniture and vehicles | 24 | €8,490 | €7,504 | -€986 | -11.6% |
| Other tangible fixed assets | 26 | €32,891 | €26,554 | -€6,337 | -19.3% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €35,509 | €67,065 | +€31,557 | +88.9% |
| Amounts receivable within one year | 40/41 | €29,318 | €59,121 | +€29,804 | +101.7% |
| Trade receivables | 40 | €22,466 | €45,288 | +€22,822 | +101.6% |
| Other amounts receivable | 41 | €6,852 | €13,834 | +€6,982 | +101.9% |
| Cash at bank and in hand | 54/58 | €6,024 | €6,332 | +€308 | +5.1% |
| Deferred charges and accrued income | 490/1 | €167 | €1,612 | +€1,445 | +867.9% |
| Total equity and liabilities | 10/49 | €80,174 | €103,208 | +€23,034 | +28.7% |
| Equity | 10/15 | €26,768 | €36,626 | +€9,858 | +36.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,568 | €30,426 | +€9,858 | +47.9% |
| Amounts payable | 17/49 | €53,405 | €66,582 | +€13,176 | +24.7% |
| Amounts payable after more than one year | 17 | €16,409 | €13,743 | -€2,666 | -16.2% |
| Financial debts | 170/4 | €16,409 | €13,743 | -€2,666 | -16.2% |
| Amounts payable within one year | 42/48 | €36,430 | €40,278 | +€3,849 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €7,037 | €7,120 | +€83 | +1.2% |
| Trade debts | 44 | €18,489 | €18,533 | +€44 | +0.2% |
| Suppliers | 440/4 | €18,489 | €18,533 | +€44 | +0.2% |
| Taxes, remuneration and social security | 45 | €9,273 | €14,625 | +€5,352 | +57.7% |
| Taxes | 450/3 | €9,273 | €14,625 | +€5,352 | +57.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,630 | €0 | -€1,630 | -100.0% |
| Accrued charges and deferred income | 492/3 | €567 | €12,560 | +€11,993 | +2115.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,919 | €6,427 | -€493 | -7.1% |
| Other operating charges | 640/8 | €373 | €16,720 | +€16,347 | +4382.2% |
| Gross operating margin | 9900 | €42,701 | €44,168 | +€1,467 | +3.4% |
| Operating profit (loss) | 9901 | €35,408 | €21,021 | -€14,387 | -40.6% |
| Financial income | 75/76B | €47 | €70 | +€23 | +48.1% |
| Recurring financial income | 75 | €47 | €70 | +€23 | +48.1% |
| Financial charges | 65/66B | €6,082 | €5,631 | -€451 | -7.4% |
| Recurring financial charges | 65 | €6,082 | €5,631 | -€451 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €29,373 | €15,460 | -€13,913 | -47.4% |
| Income taxes | 67/77 | €8,805 | €5,602 | -€3,203 | -36.4% |
| Profit (loss) for the period | 9904 | €20,568 | €9,858 | -€10,710 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,568 | €9,858 | -€10,710 | -52.1% |
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 3 October 2026 via checked.be.