VICE VERSA: 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.
VICE VERSA
Largest movements
- Current investments -€40,000
down €40,000 (-100.0%), from €40,000 to €0
- Cash +€37,373
up €37,373 (+113.8%), from €32,842 to €70,216
mainly Current investments (+€40,000) and Depreciation (+€8,915)
- Tangible fixed assets -€5,300
down €5,300 (-56.2%), from €9,428 to €4,127
of which Land and buildings: -€2,752
- Intangible fixed assets -€3,615
down €3,615 (-16.7%), from €21,691 to €18,076
- Profit (loss) carried forward -€7,252
down €7,252 (-15.4%), from -€47,091 to -€54,343
- Current portion of long-term debt -€3,604
down €3,604 (-80.2%), from €4,493 to €890
- Gross operating margin +€12,624
up €12,624, from -€10,029 to €2,595
- Financial income +€1,553
up €1,553 (+965.8%), from €161 to €1,714
- Other operating charges +€608
up €608 (+43.1%), from €1,411 to €2,018
- Financial charges -€358
down €358 (-52.8%), from €678 to €320
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 | €117,878 | €105,747 | -€12,131 | -10.3% |
| Fixed assets | 21/28 | €31,267 | €22,352 | -€8,915 | -28.5% |
| Intangible fixed assets | 21 | €21,691 | €18,076 | -€3,615 | -16.7% |
| Tangible fixed assets | 22/27 | €9,428 | €4,127 | -€5,300 | -56.2% |
| Land and buildings | 22 | €4,922 | €2,170 | -€2,752 | -55.9% |
| Plant, machinery and equipment | 23 | €1,315 | €974 | -€341 | -25.9% |
| Furniture and vehicles | 24 | €3,191 | €983 | -€2,208 | -69.2% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €86,611 | €83,396 | -€3,216 | -3.7% |
| Amounts receivable within one year | 40/41 | €11,760 | €11,998 | +€238 | +2.0% |
| Trade receivables | 40 | €5,385 | €9,357 | +€3,972 | +73.8% |
| Other amounts receivable | 41 | €6,374 | €2,640 | -€3,734 | -58.6% |
| Current investments | 50/53 | €40,000 | €0 | -€40,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €32,842 | €70,216 | +€37,373 | +113.8% |
| Deferred charges and accrued income | 490/1 | €2,009 | €1,182 | -€827 | -41.2% |
| Total equity and liabilities | 10/49 | €117,878 | €105,747 | -€12,131 | -10.3% |
| Equity | 10/15 | €109,933 | €102,681 | -€7,252 | -6.6% |
| Contributions | 10/11 | €117,749 | €117,749 | = | 0.0% |
| Reserves | 13 | €39,275 | €39,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,775 | €0 | -€11,775 | -100.0% |
| Reserves not available under the articles | 1311 | €11,775 | €0 | -€11,775 | -100.0% |
| Distributable reserves | 133 | €27,500 | €39,275 | +€11,775 | +42.8% |
| Profit (loss) carried forward | 14 | -€47,091 | -€54,343 | -€7,252 | -15.4% |
| Amounts payable | 17/49 | €7,945 | €3,066 | -€4,879 | -61.4% |
| Amounts payable after more than one year | 17 | €890 | €0 | -€890 | -100.0% |
| Financial debts | 170/4 | €890 | €0 | -€890 | -100.0% |
| Amounts payable within one year | 42/48 | €6,256 | €2,645 | -€3,611 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €4,493 | €890 | -€3,604 | -80.2% |
| Trade debts | 44 | €1,371 | €713 | -€658 | -48.0% |
| Suppliers | 440/4 | €1,371 | €713 | -€658 | -48.0% |
| Taxes, remuneration and social security | 45 | €392 | €1,042 | +€650 | +165.8% |
| Taxes | 450/3 | €32 | €862 | +€830 | +2581.7% |
| Remuneration and social security | 454/9 | €360 | €180 | -€180 | -50.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €799 | €421 | -€378 | -47.3% |
| Non-recurring operating income | 76A | €1,248 | €0 | -€1,248 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,970 | €8,915 | -€55 | -0.6% |
| Other operating charges | 640/8 | €1,411 | €2,018 | +€608 | +43.1% |
| Gross operating margin | 9900 | -€10,029 | €2,595 | +€12,624 | |
| Operating profit (loss) | 9901 | -€20,410 | -€8,338 | +€12,072 | +59.1% |
| Financial income | 75/76B | €161 | €1,714 | +€1,553 | +965.8% |
| Recurring financial income | 75 | €161 | €1,714 | +€1,553 | +965.8% |
| Financial charges | 65/66B | €678 | €320 | -€358 | -52.8% |
| Recurring financial charges | 65 | €678 | €320 | -€358 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,927 | -€6,945 | +€13,983 | +66.8% |
| Income taxes | 67/77 | €302 | €307 | +€5 | +1.7% |
| Profit (loss) for the period | 9904 | -€21,230 | -€7,252 | +€13,978 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,230 | -€7,252 | +€13,978 | +65.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.