Vicarsi: 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.
Vicarsi
Largest movements
- Cash +€32,883
up €32,883 (+147.8%), from €22,243 to €55,126
mainly Net result for the year (+€68,393) and Other debts (+€53,158)
- Receivables within one year +€3,118
up €3,118 (+15289.9%), from €20 to €3,138
of which Other amounts receivable: +€2,200
- Other debts +€53,158
up €53,158 (+233.4%), from €22,780 to €75,938
- Debts after one year -€14,769
down €14,769 (-9.9%), from €149,513 to €134,744
- Tax, wage and social debts -€10,241
down €10,241 (-33.8%), from €30,323 to €20,082
of which Taxes: -€10,241
- Gross operating margin +€59,601
up €59,601 (+123.4%), from €48,297 to €107,898
- Depreciation -€24,449
down €24,449 (-73.6%), from €33,234 to €8,785
- Taxes +€16,865
up €16,865 (+282.5%), from €5,969 to €22,835
- Financial charges +€4,156
up €4,156 (+264.8%), from €1,570 to €5,726
- Other operating charges +€1,522
up €1,522 (+200.3%), from €760 to €2,281
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 | €264,007 | €298,623 | +€34,616 | +13.1% |
| Fixed assets | 21/28 | €240,741 | €239,321 | -€1,420 | -0.6% |
| Tangible fixed assets | 22/27 | €240,741 | €239,321 | -€1,420 | -0.6% |
| Land and buildings | 22 | €219,555 | €218,083 | -€1,472 | -0.7% |
| Plant, machinery and equipment | 23 | €1,489 | €927 | -€561 | -37.7% |
| Furniture and vehicles | 24 | €19,697 | €20,311 | +€613 | +3.1% |
| Current assets | 29/58 | €23,266 | €59,302 | +€36,036 | +154.9% |
| Amounts receivable within one year | 40/41 | €20 | €3,138 | +€3,118 | +15289.9% |
| Trade receivables | 40 | €20 | €938 | +€918 | +4500.3% |
| Other amounts receivable | 41 | - | €2,200 | +€2,200 | |
| Cash at bank and in hand | 54/58 | €22,243 | €55,126 | +€32,883 | +147.8% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,038 | +€36 | +3.5% |
| Total equity and liabilities | 10/49 | €264,007 | €298,623 | +€34,616 | +13.1% |
| Equity | 10/15 | €44,990 | €47,883 | +€2,893 | +6.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,990 | €44,883 | +€2,893 | +6.9% |
| Distributable reserves | 133 | €41,990 | €44,883 | +€2,893 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €219,017 | €250,740 | +€31,723 | +14.5% |
| Amounts payable after more than one year | 17 | €149,513 | €134,744 | -€14,769 | -9.9% |
| Financial debts | 170/4 | €149,513 | €134,744 | -€14,769 | -9.9% |
| Amounts payable within one year | 42/48 | €69,505 | €115,269 | +€45,765 | +65.8% |
| Current portion of amounts payable after more than one year | 42 | €15,487 | €15,979 | +€492 | +3.2% |
| Trade debts | 44 | €914 | €3,270 | +€2,357 | +257.9% |
| Suppliers | 440/4 | €914 | €3,270 | +€2,357 | +257.9% |
| Taxes, remuneration and social security | 45 | €30,323 | €20,082 | -€10,241 | -33.8% |
| Taxes | 450/3 | €28,373 | €18,132 | -€10,241 | -36.1% |
| Remuneration and social security | 454/9 | €1,950 | €1,950 | = | 0.0% |
| Other amounts payable | 47/48 | €22,780 | €75,938 | +€53,158 | +233.4% |
| Accrued charges and deferred income | 492/3 | - | €727 | +€727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,234 | €8,785 | -€24,449 | -73.6% |
| Other operating charges | 640/8 | €760 | €2,281 | +€1,522 | +200.3% |
| Gross operating margin | 9900 | €48,297 | €107,898 | +€59,601 | +123.4% |
| Operating profit (loss) | 9901 | €14,304 | €96,832 | +€82,528 | +577.0% |
| Financial income | 75/76B | €629 | €123 | -€506 | -80.5% |
| Recurring financial income | 75 | €629 | €123 | -€506 | -80.5% |
| Financial charges | 65/66B | €1,570 | €5,726 | +€4,156 | +264.8% |
| Recurring financial charges | 65 | €1,570 | €5,726 | +€4,156 | +264.8% |
| Profit (loss) for the period before taxes | 9903 | €13,363 | €91,228 | +€77,866 | +582.7% |
| Income taxes | 67/77 | €5,969 | €22,835 | +€16,865 | +282.5% |
| Profit (loss) for the period | 9904 | €7,393 | €68,393 | +€61,000 | +825.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,393 | €68,393 | +€61,000 | +825.1% |
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 4 October 2026 via checked.be.