VICASTELI: 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.
VICASTELI
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€75,456
down €75,456 (-63.9%), from €118,051 to €42,595
mainly Current investments (-€100,000) and Trade debts (-€4,482)
- Profit (loss) carried forward +€27,206
up €27,206 (+38.2%), from -€71,151 to -€43,945
- Trade debts -€4,482
down €4,482 (-100%), from €4,482 to €0
- Other debts +€2,746
up €2,746 (+14.9%), from €18,487 to €21,232
- Financial income +€1,377
new in 2025: €1,377
- Gross operating margin -€672
down €672 (-2.5%), from €27,321 to €26,649
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 | €123,371 | €147,752 | +€24,380 | +19.8% |
| Current assets | 29/58 | €123,371 | €147,752 | +€24,380 | +19.8% |
| Amounts receivable within one year | 40/41 | €2,542 | €2,378 | -€163 | -6.4% |
| Trade receivables | 40 | €2,541 | €1,944 | -€597 | -23.5% |
| Other amounts receivable | 41 | €1 | €434 | +€434 | +69,968% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €118,051 | €42,595 | -€75,456 | -63.9% |
| Deferred charges and accrued income | 490/1 | €2,779 | €2,779 | = | 0.0% |
| Total equity and liabilities | 10/49 | €123,371 | €147,752 | +€24,380 | +19.8% |
| Equity | 10/15 | €99,235 | €126,441 | +€27,206 | +27.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €20,386 | €20,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €5,386 | €5,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,151 | -€43,945 | +€27,206 | +38.2% |
| Amounts payable | 17/49 | €24,136 | €21,311 | -€2,826 | -11.7% |
| Amounts payable within one year | 42/48 | €23,993 | €21,232 | -€2,761 | -11.5% |
| Trade debts | 44 | €4,482 | €0 | -€4,482 | -100% |
| Suppliers | 440/4 | €4,482 | €0 | -€4,482 | -100% |
| Taxes, remuneration and social security | 45 | €1,024 | €0 | -€1,024 | -100% |
| Taxes | 450/3 | €1,024 | €0 | -€1,024 | -100% |
| Other amounts payable | 47/48 | €18,487 | €21,232 | +€2,746 | +14.9% |
| Accrued charges and deferred income | 492/3 | €144 | €78 | -€65 | -45.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | €27,321 | €26,649 | -€672 | -2.5% |
| Operating profit (loss) | 9901 | €26,707 | €26,021 | -€686 | -2.6% |
| Financial income | 75/76B | - | €1,377 | +€1,377 | |
| Recurring financial income | 75 | - | €1,377 | +€1,377 | |
| Financial charges | 65/66B | €163 | €193 | +€30 | +18.5% |
| Recurring financial charges | 65 | €163 | €193 | +€30 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €26,545 | €27,206 | +€661 | +2.5% |
| Profit (loss) for the period | 9904 | €26,545 | €27,206 | +€661 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,545 | €27,206 | +€661 | +2.5% |
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 18 October 2026 via checked.be.