VICARIOUS: 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.
VICARIOUS
Largest movements
- Cash +€85,191
up €85,191 (+378.2%), from €22,522 to €107,713
mainly Net result for the year (+€85,716) and Depreciation (+€12,524)
- Receivables within one year +€22,539
up €22,539, from €0 to €22,539
of which Trade receivables: +€20,167
- Tangible fixed assets -€12,524
down €12,524 (-28.8%), from €43,508 to €30,984
- Reserves +€85,716
up €85,716 (+85.1%), from €100,741 to €186,458
- Accrued charges and deferred income +€8,454
up €8,454 (+943.0%), from €897 to €9,350
- Gross operating margin -€347,953
down €347,953 (-72.8%), from €478,238 to €130,285
- Taxes -€90,174
down €90,174 (-79.9%), from €112,801 to €22,627
- Financial charges +€7,574
up €7,574 (+721.6%), from €1,050 to €8,624
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 | €496,661 | €591,900 | +€95,239 | +19.2% |
| Fixed assets | 21/28 | €473,508 | €460,984 | -€12,524 | -2.6% |
| Tangible fixed assets | 22/27 | €43,508 | €30,984 | -€12,524 | -28.8% |
| Furniture and vehicles | 24 | €43,508 | €30,984 | -€12,524 | -28.8% |
| Financial fixed assets | 28 | €430,000 | €430,000 | = | 0.0% |
| Current assets | 29/58 | €23,153 | €130,916 | +€107,763 | +465.4% |
| Amounts receivable within one year | 40/41 | €0 | €22,539 | +€22,539 | |
| Trade receivables | 40 | €0 | €20,167 | +€20,167 | |
| Other amounts receivable | 41 | - | €2,373 | +€2,373 | |
| Cash at bank and in hand | 54/58 | €22,522 | €107,713 | +€85,191 | +378.2% |
| Deferred charges and accrued income | 490/1 | €630 | €663 | +€33 | +5.2% |
| Total equity and liabilities | 10/49 | €496,661 | €591,900 | +€95,239 | +19.2% |
| Equity | 10/15 | €119,341 | €205,058 | +€85,716 | +71.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,741 | €186,458 | +€85,716 | +85.1% |
| Distributable reserves | 133 | €100,741 | €186,458 | +€85,716 | +85.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €377,320 | €386,842 | +€9,523 | +2.5% |
| Amounts payable within one year | 42/48 | €376,423 | €377,492 | +€1,069 | +0.3% |
| Trade debts | 44 | €792 | €560 | -€232 | -29.3% |
| Suppliers | 440/4 | €792 | €560 | -€232 | -29.3% |
| Taxes, remuneration and social security | 45 | €7,145 | €5,947 | -€1,199 | -16.8% |
| Taxes | 450/3 | €4,783 | €3,162 | -€1,621 | -33.9% |
| Remuneration and social security | 454/9 | €2,363 | €2,785 | +€423 | +17.9% |
| Other amounts payable | 47/48 | €368,485 | €370,985 | +€2,500 | +0.7% |
| Accrued charges and deferred income | 492/3 | €897 | €9,350 | +€8,454 | +943.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,524 | €12,524 | -€0 | 0.0% |
| Other operating charges | 640/8 | €245 | €793 | +€548 | +223.4% |
| Gross operating margin | 9900 | €478,238 | €130,285 | -€347,953 | -72.8% |
| Operating profit (loss) | 9901 | €465,468 | €116,968 | -€348,501 | -74.9% |
| Financial charges | 65/66B | €1,050 | €8,624 | +€7,574 | +721.6% |
| Recurring financial charges | 65 | €1,050 | €8,624 | +€7,574 | +721.6% |
| Profit (loss) for the period before taxes | 9903 | €464,419 | €108,344 | -€356,075 | -76.7% |
| Income taxes | 67/77 | €112,801 | €22,627 | -€90,174 | -79.9% |
| Profit (loss) for the period | 9904 | €351,618 | €85,716 | -€265,901 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €351,618 | €85,716 | -€265,901 | -75.6% |
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 10 October 2026 via checked.be.