VICCON: 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.
VICCON
Largest movements
- Tangible fixed assets +€11,585
up €11,585 (+92.2%), from €12,565 to €24,150
of which Land and buildings: +€9,529
- Receivables within one year -€10,538
down €10,538 (-41.4%), from €25,452 to €14,913
of which Trade receivables: -€13,151
- Cash +€9,574
up €9,574 (+248.3%), from €3,855 to €13,429
mainly Other debts (+€13,365) and Receivables within one year (+€10,538)
- Other debts +€13,365
up €13,365 (+456.9%), from €2,925 to €16,290
- Reserves +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€9,046
down €9,046 (-47.9%), from €18,898 to €9,851
of which Taxes: -€9,548
- Accrued charges and deferred income -€6,249
down €6,249 (-100.0%), from €6,249 to €0
- Trade debts +€6,236
up €6,236 (+206.0%), from €3,027 to €9,263
- Gross operating margin +€10,051
up €10,051 (+135.5%), from €7,420 to €17,471
- Depreciation +€3,837
up €3,837 (+143.4%), from €2,676 to €6,512
- Financial charges +€829
up €829 (+206.0%), from €402 to €1,231
- Other operating charges +€371
up €371 (+61.1%), from €607 to €977
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 | €42,967 | €53,401 | +€10,434 | +24.3% |
| Formation expenses | 20 | €1,095 | €730 | -€365 | -33.3% |
| Fixed assets | 21/28 | €12,565 | €24,150 | +€11,585 | +92.2% |
| Tangible fixed assets | 22/27 | €12,565 | €24,150 | +€11,585 | +92.2% |
| Land and buildings | 22 | €5,056 | €14,584 | +€9,529 | +188.5% |
| Plant, machinery and equipment | 23 | €3,187 | €6,362 | +€3,174 | +99.6% |
| Furniture and vehicles | 24 | €4,322 | €3,204 | -€1,119 | -25.9% |
| Current assets | 29/58 | €29,307 | €28,521 | -€786 | -2.7% |
| Amounts receivable within one year | 40/41 | €25,452 | €14,913 | -€10,538 | -41.4% |
| Trade receivables | 40 | €25,452 | €12,300 | -€13,151 | -51.7% |
| Other amounts receivable | 41 | - | €2,613 | +€2,613 | |
| Cash at bank and in hand | 54/58 | €3,855 | €13,429 | +€9,574 | +248.3% |
| Deferred charges and accrued income | 490/1 | - | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €42,967 | €53,401 | +€10,434 | +24.3% |
| Equity | 10/15 | €11,542 | €15,919 | +€4,378 | +37.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €6,542 | €919 | -€5,622 | -85.9% |
| Amounts payable | 17/49 | €31,425 | €37,481 | +€6,056 | +19.3% |
| Amounts payable within one year | 42/48 | €25,176 | €37,481 | +€12,305 | +48.9% |
| Financial debts | 43 | €326 | €2,077 | +€1,751 | +537.0% |
| Credit institutions | 430/8 | €326 | €2,077 | +€1,751 | +537.0% |
| Trade debts | 44 | €3,027 | €9,263 | +€6,236 | +206.0% |
| Suppliers | 440/4 | €3,027 | €9,263 | +€6,236 | +206.0% |
| Taxes, remuneration and social security | 45 | €18,898 | €9,851 | -€9,046 | -47.9% |
| Taxes | 450/3 | €16,267 | €6,719 | -€9,548 | -58.7% |
| Remuneration and social security | 454/9 | €2,631 | €3,133 | +€502 | +19.1% |
| Other amounts payable | 47/48 | €2,925 | €16,290 | +€13,365 | +456.9% |
| Accrued charges and deferred income | 492/3 | €6,249 | €0 | -€6,249 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,676 | €6,512 | +€3,837 | +143.4% |
| Other operating charges | 640/8 | €607 | €977 | +€371 | +61.1% |
| Gross operating margin | 9900 | €7,420 | €17,471 | +€10,051 | +135.5% |
| Operating profit (loss) | 9901 | €4,138 | €9,982 | +€5,844 | +141.2% |
| Financial income | 75/76B | €8 | €32 | +€24 | +295.0% |
| Recurring financial income | 75 | €8 | €32 | +€24 | +295.0% |
| Financial charges | 65/66B | €402 | €1,231 | +€829 | +206.0% |
| Recurring financial charges | 65 | €402 | €1,231 | +€829 | +206.0% |
| Profit (loss) for the period before taxes | 9903 | €3,744 | €8,783 | +€5,040 | +134.6% |
| Income taxes | 67/77 | €4,428 | €4,405 | -€23 | -0.5% |
| Profit (loss) for the period | 9904 | -€685 | €4,378 | +€5,062 | |
| Profit (loss) for the period to be appropriated | 9905 | -€685 | €4,378 | +€5,062 |
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 6 October 2026 via checked.be.