VICE CITY: 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.
VICE CITY
Largest movements
- Financial fixed assets +€105,426
up €105,426 (+36.9%), from €286,063 to €391,489
- Cash -€10,714
down €10,714 (-39.5%), from €27,137 to €16,423
mainly Investment in fixed assets (net) (-€107,367) and Contributions, distributions and other (-€94,100)
- Receivables within one year -€10,145
down €10,145 (-30.7%), from €33,072 to €22,927
- Other debts +€59,669
up €59,669 (+198.4%), from €30,078 to €89,747
- Current portion of long-term debt +€41,743
up €41,743 (+131.0%), from €31,872 to €73,615
- Reserves -€34,985
down €34,985 (-48.2%), from €72,566 to €37,581
- Debts after one year +€29,586
up €29,586 (+17.9%), from €165,563 to €195,149
- Trade debts -€6,836
down €6,836 (-50.0%), from €13,660 to €6,824
- Gross operating margin +€12,213
up €12,213 (+13.3%), from €92,058 to €104,271
- Financial charges +€11,372
up €11,372 (+253.1%), from €4,494 to €15,866
- Taxes -€1,093
down €1,093 (-4.0%), from €27,093 to €26,000
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 | €352,102 | €436,882 | +€84,780 | +24.1% |
| Fixed assets | 21/28 | €291,894 | €397,362 | +€105,468 | +36.1% |
| Tangible fixed assets | 22/27 | €5,830 | €5,872 | +€42 | +0.7% |
| Plant, machinery and equipment | 23 | - | €1,918 | +€1,918 | |
| Furniture and vehicles | 24 | €5,830 | €3,954 | -€1,876 | -32.2% |
| Financial fixed assets | 28 | €286,063 | €391,489 | +€105,426 | +36.9% |
| Current assets | 29/58 | €60,209 | €39,521 | -€20,688 | -34.4% |
| Amounts receivable within one year | 40/41 | €33,072 | €22,927 | -€10,145 | -30.7% |
| Trade receivables | 40 | €33,072 | €22,927 | -€10,145 | -30.7% |
| Cash at bank and in hand | 54/58 | €27,137 | €16,423 | -€10,714 | -39.5% |
| Deferred charges and accrued income | 490/1 | - | €171 | +€171 | |
| Total equity and liabilities | 10/49 | €352,102 | €436,882 | +€84,780 | +24.1% |
| Equity | 10/15 | €72,567 | €37,582 | -€34,985 | -48.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €72,566 | €37,581 | -€34,985 | -48.2% |
| Distributable reserves | 133 | €72,566 | €37,581 | -€34,985 | -48.2% |
| Amounts payable | 17/49 | €279,535 | €399,300 | +€119,765 | +42.8% |
| Amounts payable after more than one year | 17 | €165,563 | €195,149 | +€29,586 | +17.9% |
| Financial debts | 170/4 | €165,563 | €195,149 | +€29,586 | +17.9% |
| Amounts payable within one year | 42/48 | €113,972 | €204,151 | +€90,179 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | €31,872 | €73,615 | +€41,743 | +131.0% |
| Trade debts | 44 | €13,660 | €6,824 | -€6,836 | -50.0% |
| Suppliers | 440/4 | €13,660 | €6,824 | -€6,836 | -50.0% |
| Taxes, remuneration and social security | 45 | €38,362 | €33,965 | -€4,398 | -11.5% |
| Taxes | 450/3 | €34,362 | €30,965 | -€3,398 | -9.9% |
| Remuneration and social security | 454/9 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Other amounts payable | 47/48 | €30,078 | €89,747 | +€59,669 | +198.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,053 | €1,899 | +€846 | +80.3% |
| Other operating charges | 640/8 | €1,523 | €1,392 | -€132 | -8.6% |
| Gross operating margin | 9900 | €92,058 | €104,271 | +€12,213 | +13.3% |
| Operating profit (loss) | 9901 | €89,481 | €100,980 | +€11,499 | +12.9% |
| Financial charges | 65/66B | €4,494 | €15,866 | +€11,372 | +253.1% |
| Recurring financial charges | 65 | €4,494 | €15,866 | +€11,372 | +253.1% |
| Profit (loss) for the period before taxes | 9903 | €84,988 | €85,115 | +€127 | +0.1% |
| Income taxes | 67/77 | €27,093 | €26,000 | -€1,093 | -4.0% |
| Profit (loss) for the period | 9904 | €57,895 | €59,115 | +€1,219 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,895 | €59,115 | +€1,219 | +2.1% |
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 12 October 2026 via checked.be.