VICATO: what changed
VICATO
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Receivables within one year +€38,766
up €38,766 (+25.8%), from €150,333 to €189,100
- Cash +€29,172
up €29,172 (+80.3%), from €36,351 to €65,523
mainly Net result for the year (+€127,030) and Depreciation (+€24,555)
- Tangible fixed assets -€4,419
down €4,419 (-9.2%), from €47,864 to €43,445
of which Furniture and vehicles: -€4,156
- Profit (loss) carried forward +€127,030
up €127,030 (+73.5%), from €172,715 to €299,745
- Tax, wage and social debts -€10,721
down €10,721 (-19.2%), from €55,776 to €45,055
of which Taxes: -€13,211
- Gross operating margin -€60,452
down €60,452 (-24.2%), from €250,246 to €189,794
- Taxes -€16,403
down €16,403 (-30.3%), from €54,135 to €37,732
- Depreciation +€3,770
up €3,770 (+18.1%), from €20,785 to €24,555
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,595 | €351,031 | +€114,436 | +48.4% |
| Fixed assets | 21/28 | €47,864 | €43,445 | -€4,419 | -9.2% |
| Tangible fixed assets | 22/27 | €47,864 | €43,445 | -€4,419 | -9.2% |
| Land and buildings | 22 | €8,639 | €9,146 | +€507 | +5.9% |
| Plant, machinery and equipment | 23 | €1,338 | €1,051 | -€287 | -21.4% |
| Furniture and vehicles | 24 | €33,355 | €29,198 | -€4,156 | -12.5% |
| Other tangible fixed assets | 26 | €4,533 | €4,050 | -€483 | -10.7% |
| Current assets | 29/58 | €188,731 | €307,586 | +€118,855 | +63.0% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €150,333 | €189,100 | +€38,766 | +25.8% |
| Trade receivables | 40 | €150,333 | €189,100 | +€38,766 | +25.8% |
| Cash at bank and in hand | 54/58 | €36,351 | €65,523 | +€29,172 | +80.3% |
| Deferred charges and accrued income | 490/1 | €2,046 | €2,964 | +€917 | +44.8% |
| Total equity and liabilities | 10/49 | €236,595 | €351,031 | +€114,436 | +48.4% |
| Equity | 10/15 | €175,715 | €302,745 | +€127,030 | +72.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,715 | €299,745 | +€127,030 | +73.5% |
| Amounts payable | 17/49 | €60,880 | €48,287 | -€12,593 | -20.7% |
| Amounts payable within one year | 42/48 | €60,880 | €48,287 | -€12,593 | -20.7% |
| Trade debts | 44 | €1,052 | €1,219 | +€167 | +15.9% |
| Suppliers | 440/4 | €1,052 | €1,219 | +€167 | +15.9% |
| Taxes, remuneration and social security | 45 | €55,776 | €45,055 | -€10,721 | -19.2% |
| Taxes | 450/3 | €55,776 | €42,565 | -€13,211 | -23.7% |
| Remuneration and social security | 454/9 | - | €2,490 | +€2,490 | |
| Other amounts payable | 47/48 | €4,052 | €2,013 | -€2,040 | -50.3% |
| Remuneration, social security and pensions | 62 | €287 | - | -€287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,785 | €24,555 | +€3,770 | +18.1% |
| Other operating charges | 640/8 | €830 | €415 | -€415 | -50.0% |
| Gross operating margin | 9900 | €250,246 | €189,794 | -€60,452 | -24.2% |
| Operating profit (loss) | 9901 | €228,343 | €164,824 | -€63,519 | -27.8% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.0% |
| Financial charges | 65/66B | €1,501 | €63 | -€1,438 | -95.8% |
| Recurring financial charges | 65 | €1,501 | €63 | -€1,438 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €226,850 | €164,761 | -€62,088 | -27.4% |
| Income taxes | 67/77 | €54,135 | €37,732 | -€16,403 | -30.3% |
| Profit (loss) for the period | 9904 | €172,715 | €127,030 | -€45,686 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €172,715 | €127,030 | -€45,686 | -26.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.