VICANN: 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.
VICANN
Largest movements
- Cash +€225,173
up €225,173 (+1528.9%), from €14,728 to €239,900
mainly Current investments (+€193,306) and Net result for the year (+€27,307)
- Current investments -€193,306
down €193,306 (-96.7%), from €200,000 to €6,694
- Tangible fixed assets -€15,146
down €15,146 (-5.6%), from €268,361 to €253,214
of which Furniture and vehicles: -€14,736
- Receivables within one year +€7,654
up €7,654 (+74.2%), from €10,312 to €17,966
of which Other amounts receivable: +€5,234
- Reserves +€27,307
up €27,307 (+8.4%), from €326,441 to €353,748
- Current portion of long-term debt -€7,857
down €7,857 (-58.1%), from €13,532 to €5,676
- Debts after one year -€5,676
no longer reported in 2025 (was €5,676)
- Gross operating margin +€26,904
up €26,904 (+104.0%), from €25,880 to €52,784
- Taxes +€6,400
up €6,400 (+139.8%), from €4,577 to €10,977
- Financial income -€3,090
down €3,090 (-62.2%), from €4,965 to €1,875
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 | €498,903 | €518,531 | +€19,628 | +3.9% |
| Fixed assets | 21/28 | €268,361 | €253,214 | -€15,146 | -5.6% |
| Tangible fixed assets | 22/27 | €268,361 | €253,214 | -€15,146 | -5.6% |
| Land and buildings | 22 | €248,094 | €247,683 | -€410 | -0.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €20,267 | €5,531 | -€14,736 | -72.7% |
| Current assets | 29/58 | €230,542 | €265,317 | +€34,774 | +15.1% |
| Amounts receivable within one year | 40/41 | €10,312 | €17,966 | +€7,654 | +74.2% |
| Trade receivables | 40 | €9,680 | €12,100 | +€2,420 | +25.0% |
| Other amounts receivable | 41 | €632 | €5,866 | +€5,234 | +827.9% |
| Current investments | 50/53 | €200,000 | €6,694 | -€193,306 | -96.7% |
| Cash at bank and in hand | 54/58 | €14,728 | €239,900 | +€225,173 | +1528.9% |
| Deferred charges and accrued income | 490/1 | €5,503 | €756 | -€4,746 | -86.3% |
| Total equity and liabilities | 10/49 | €498,903 | €518,531 | +€19,628 | +3.9% |
| Equity | 10/15 | €472,941 | €500,248 | +€27,307 | +5.8% |
| Contributions | 10/11 | €146,500 | €146,500 | = | 0.0% |
| Reserves | 13 | €326,441 | €353,748 | +€27,307 | +8.4% |
| Distributable reserves | 133 | €326,441 | €353,748 | +€27,307 | +8.4% |
| Amounts payable | 17/49 | €25,962 | €18,283 | -€7,679 | -29.6% |
| Amounts payable after more than one year | 17 | €5,676 | - | -€5,676 | |
| Financial debts | 170/4 | €5,676 | - | -€5,676 | |
| Amounts payable within one year | 42/48 | €20,286 | €14,342 | -€5,945 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €13,532 | €5,676 | -€7,857 | -58.1% |
| Trade debts | 44 | €1,071 | €1,424 | +€353 | +32.9% |
| Suppliers | 440/4 | €1,071 | €1,424 | +€353 | +32.9% |
| Taxes, remuneration and social security | 45 | €5,633 | €6,745 | +€1,113 | +19.8% |
| Taxes | 450/3 | €5,633 | €6,745 | +€1,113 | +19.8% |
| Other amounts payable | 47/48 | €50 | €497 | +€447 | +891.2% |
| Accrued charges and deferred income | 492/3 | - | €3,941 | +€3,941 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,142 | €15,146 | +€4 | 0.0% |
| Other operating charges | 640/8 | €572 | €888 | +€316 | +55.2% |
| Gross operating margin | 9900 | €25,880 | €52,784 | +€26,904 | +104.0% |
| Operating profit (loss) | 9901 | €10,165 | €36,749 | +€26,584 | +261.5% |
| Financial income | 75/76B | €4,965 | €1,875 | -€3,090 | -62.2% |
| Recurring financial income | 75 | €4,965 | €1,875 | -€3,090 | -62.2% |
| Financial charges | 65/66B | €367 | €340 | -€27 | -7.3% |
| Recurring financial charges | 65 | €367 | €340 | -€27 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €14,763 | €38,284 | +€23,521 | +159.3% |
| Income taxes | 67/77 | €4,577 | €10,977 | +€6,400 | +139.8% |
| Profit (loss) for the period | 9904 | €10,186 | €27,307 | +€17,121 | +168.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,186 | €27,307 | +€17,121 | +168.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.