Vicanto Networks: 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.
Vicanto Networks
Largest movements
- Cash +€23,607
up €23,607 (+8.3%), from €283,073 to €306,681
mainly Net result for the year (+€52,868) and Other debts (+€28,440)
- Tangible fixed assets +€6,770
up €6,770 (+145%), from €4,685 to €11,455
of which Land and buildings: +€8,976
- Receivables within one year +€4,021
up €4,021 (+10.6%), from €37,800 to €41,821
of which Trade receivables: +€3,871
- Other debts +€28,440
up €28,440 (+51.5%), from €55,227 to €83,667
- Reserves +€7,221
up €7,221 (+3.0%), from €241,949 to €249,169
- Tax, wage and social debts -€4,020
down €4,020 (-34.3%), from €11,707 to €7,687
- Gross operating margin -€1,757
down €1,757 (-2.2%), from €80,732 to €78,975
- Financial charges +€1,173
up €1,173 (+58.3%), from €2,013 to €3,186
- Taxes -€923
down €923 (-4.4%), from €20,771 to €19,848
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 | €329,520 | €362,349 | +€32,829 | +10.0% |
| Fixed assets | 21/28 | €4,685 | €11,455 | +€6,770 | +145% |
| Tangible fixed assets | 22/27 | €4,685 | €11,455 | +€6,770 | +145% |
| Land and buildings | 22 | - | €8,976 | +€8,976 | |
| Plant, machinery and equipment | 23 | €975 | €737 | -€237 | -24.3% |
| Furniture and vehicles | 24 | €3,710 | €1,742 | -€1,969 | -53.1% |
| Current assets | 29/58 | €324,835 | €350,894 | +€26,059 | +8.0% |
| Amounts receivable within one year | 40/41 | €37,800 | €41,821 | +€4,021 | +10.6% |
| Trade receivables | 40 | €37,800 | €41,671 | +€3,871 | +10.2% |
| Other amounts receivable | 41 | - | €150 | +€150 | |
| Cash at bank and in hand | 54/58 | €283,073 | €306,681 | +€23,607 | +8.3% |
| Deferred charges and accrued income | 490/1 | €3,961 | €2,393 | -€1,569 | -39.6% |
| Total equity and liabilities | 10/49 | €329,520 | €362,349 | +€32,829 | +10.0% |
| Equity | 10/15 | €260,549 | €267,769 | +€7,221 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,949 | €249,169 | +€7,221 | +3.0% |
| Distributable reserves | 133 | €241,949 | €249,169 | +€7,221 | +3.0% |
| Amounts payable | 17/49 | €68,971 | €94,580 | +€25,609 | +37.1% |
| Amounts payable within one year | 42/48 | €68,576 | €93,996 | +€25,420 | +37.1% |
| Trade debts | 44 | €1,642 | €2,642 | +€1,000 | +60.9% |
| Suppliers | 440/4 | €1,642 | €2,642 | +€1,000 | +60.9% |
| Taxes, remuneration and social security | 45 | €11,707 | €7,687 | -€4,020 | -34.3% |
| Taxes | 450/3 | €11,707 | €7,687 | -€4,020 | -34.3% |
| Other amounts payable | 47/48 | €55,227 | €83,667 | +€28,440 | +51.5% |
| Accrued charges and deferred income | 492/3 | €396 | €584 | +€189 | +47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,028 | €2,281 | +€253 | +12.5% |
| Other operating charges | 640/8 | €1,015 | €793 | -€222 | -21.9% |
| Gross operating margin | 9900 | €80,732 | €78,975 | -€1,757 | -2.2% |
| Operating profit (loss) | 9901 | €77,689 | €75,901 | -€1,787 | -2.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,013 | €3,186 | +€1,173 | +58.3% |
| Recurring financial charges | 65 | €2,013 | €3,186 | +€1,173 | +58.3% |
| Profit (loss) for the period before taxes | 9903 | €75,676 | €72,716 | -€2,960 | -3.9% |
| Income taxes | 67/77 | €20,771 | €19,848 | -€923 | -4.4% |
| Profit (loss) for the period | 9904 | €54,905 | €52,868 | -€2,037 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,905 | €52,868 | -€2,037 | -3.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.