VICE & DELICE: 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 & DELICE
Largest movements
- Tangible fixed assets -€12,596
down €12,596 (-21.0%), from €60,106 to €47,509
of which Plant, machinery and equipment: -€9,339
- Cash -€5,853
down €5,853 (-12.2%), from €48,139 to €42,286
mainly Other debts (-€19,491) and Tax, wage and social debts (-€11,959)
- Receivables within one year +€5,464
up €5,464 (+1,212%), from €451 to €5,914
of which Other amounts receivable: +€4,262
- Deferred charges and accrued income -€3,448
down €3,448 (-86.4%), from €3,991 to €543
- Other debts -€19,491
down €19,491 (-48.4%), from €40,264 to €20,772
- Reserves +€15,924
new in 2025: €15,924
- Tax, wage and social debts -€11,959
down €11,959 (-99.7%), from €12,000 to €41
of which Taxes: -€11,959
- Debts after one year -€5,210
down €5,210 (-25.4%), from €20,495 to €15,285
- Trade debts +€3,979
up €3,979 (+275%), from €1,449 to €5,427
- Gross operating margin -€19,164
down €19,164 (-32.4%), from €59,141 to €39,977
- Taxes -€5,506
down €5,506 (-45.9%), from €12,000 to €6,494
- Depreciation +€3,444
up €3,444 (+33.0%), from €10,436 to €13,880
- Financial charges +€1,222
up €1,222 (+174%), from €703 to €1,925
- Other operating charges +€747
up €747 (+74.0%), from €1,010 to €1,757
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 | €116,089 | €99,275 | -€16,815 | -14.5% |
| Fixed assets | 21/28 | €60,106 | €47,509 | -€12,596 | -21.0% |
| Tangible fixed assets | 22/27 | €60,106 | €47,509 | -€12,596 | -21.0% |
| Plant, machinery and equipment | 23 | €44,501 | €35,162 | -€9,339 | -21.0% |
| Furniture and vehicles | 24 | €15,605 | €12,348 | -€3,258 | -20.9% |
| Current assets | 29/58 | €55,984 | €51,765 | -€4,218 | -7.5% |
| Stocks and contracts in progress | 3 | €3,403 | €3,022 | -€381 | -11.2% |
| Stocks | 30/36 | €3,403 | €3,022 | -€381 | -11.2% |
| Amounts receivable within one year | 40/41 | €451 | €5,914 | +€5,464 | +1,212% |
| Trade receivables | 40 | €336 | €1,537 | +€1,202 | +358% |
| Other amounts receivable | 41 | €115 | €4,377 | +€4,262 | +3,702% |
| Cash at bank and in hand | 54/58 | €48,139 | €42,286 | -€5,853 | -12.2% |
| Deferred charges and accrued income | 490/1 | €3,991 | €543 | -€3,448 | -86.4% |
| Total equity and liabilities | 10/49 | €116,089 | €99,275 | -€16,815 | -14.5% |
| Equity | 10/15 | €37,992 | €53,916 | +€15,924 | +41.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €15,924 | +€15,924 | |
| Distributable reserves | 133 | - | €15,924 | +€15,924 | |
| Profit (loss) carried forward | 14 | €34,992 | €34,992 | = | 0.0% |
| Amounts payable | 17/49 | €78,097 | €45,358 | -€32,739 | -41.9% |
| Amounts payable after more than one year | 17 | €20,495 | €15,285 | -€5,210 | -25.4% |
| Financial debts | 170/4 | €20,495 | €15,285 | -€5,210 | -25.4% |
| Amounts payable within one year | 42/48 | €57,602 | €29,998 | -€27,604 | -47.9% |
| Current portion of amounts payable after more than one year | 42 | €3,890 | €3,124 | -€766 | -19.7% |
| Trade debts | 44 | €1,449 | €5,427 | +€3,979 | +275% |
| Suppliers | 440/4 | €1,449 | €5,427 | +€3,979 | +275% |
| Advances received on contracts in progress | 46 | - | €634 | +€634 | |
| Taxes, remuneration and social security | 45 | €12,000 | €41 | -€11,959 | -99.7% |
| Taxes | 450/3 | €12,000 | €41 | -€11,959 | -99.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,264 | €20,772 | -€19,491 | -48.4% |
| Accrued charges and deferred income | 492/3 | - | €76 | +€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,436 | €13,880 | +€3,444 | +33.0% |
| Other operating charges | 640/8 | €1,010 | €1,757 | +€747 | +74.0% |
| Gross operating margin | 9900 | €59,141 | €39,977 | -€19,164 | -32.4% |
| Operating profit (loss) | 9901 | €47,695 | €24,340 | -€23,355 | -49.0% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €703 | €1,925 | +€1,222 | +174% |
| Recurring financial charges | 65 | €703 | €1,925 | +€1,222 | +174% |
| Profit (loss) for the period before taxes | 9903 | €46,992 | €22,419 | -€24,573 | -52.3% |
| Income taxes | 67/77 | €12,000 | €6,494 | -€5,506 | -45.9% |
| Profit (loss) for the period | 9904 | €34,992 | €15,924 | -€19,068 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,992 | €15,924 | -€19,068 | -54.5% |
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 20 October 2026 via checked.be.