VICERNANT: 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.
What changed
VICERNANT
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€10,859
2023 · -€115,032+€125,891
Equity
€280,321
2023 · €269,461+€10,859
Cash
€196,151
2023 · €40,004+€156,147
Balance sheet total
€5.7m
2023 · €6.1m-€380,244
Largest movements
Assets
- Tangible fixed assets -€232,696
down €232,696 (-8.3%), from €2.8m to €2.6m
of which Land and buildings: -€208,757
- Receivables within one year -€181,657
down €181,657 (-18.1%), from €1.0m to €822,558
of which Trade receivables: -€183,952
- Cash +€156,147
up €156,147 (+390%), from €40,004 to €196,151
mainly Receivables within one year (+€181,657) and Depreciation (+€151,044)
- Stocks and contracts -€144,359
down €144,359 (-13.9%), from €1.0m to €895,890
Equity and liabilities
- Short-term financial debts -€165,000
down €165,000 (-19.4%), from €850,000 to €685,000
- Trade debts -€98,279
down €98,279 (-4.8%), from €2.1m to €2.0m
- Debts after one year -€71,231
down €71,231 (-5.4%), from €1.3m to €1.2m
Income statement
- Gross operating margin +€117,605
up €117,605 (+29.8%), from €395,067 to €512,672
- Staff costs -€32,612
down €32,612 (-11.8%), from €276,980 to €244,368
- Depreciation +€18,286
up €18,286 (+13.8%), from €132,758 to €151,044
From the 2023 result to the 2024 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.
Result 2023
-€115,032
Gross operating margin
+€117,605
Staff costs
+€32,612
Depreciation
-€18,286
Other operating charges
+€1,568
Other operating items
-€635
Financial income
-€2,381
Financial charges
-€4,587
Deferred taxes and other
-€4
Result 2024
€10,859
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€343,070
Investment
+€60,064
Financing
-€246,986
Cash 2023
€40,004
From operations (derived)
+€343,070
Net result for the year
+€10,859
Depreciation
+€151,044
Stocks and contracts
+€144,359
Receivables within one year
+€181,657
Deferred charges and accrued income
-€732
Provisions
-€20
Trade debts
-€98,279
Tax, wage and social debts
-€12,622
Other debts
-€32,177
Accrued charges and deferred income
-€1,018
Investment (derived)
+€60,064
Investment in fixed assets (net)
+€60,064
Financing
-€246,986
Debts after one year
-€71,231
Current portion of long-term debt
-€10,756
Short-term financial debts
-€165,000
Cash 2024
€196,151
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,086,234 | €5,705,990 | -€380,244 | -6.2% |
| Fixed assets | 21/28 | €3,982,865 | €3,771,757 | -€211,108 | -5.3% |
| Intangible fixed assets | 21 | €508,538 | €530,260 | +€21,723 | +4.3% |
| Tangible fixed assets | 22/27 | €2,804,034 | €2,571,338 | -€232,696 | -8.3% |
| Land and buildings | 22 | €2,587,400 | €2,378,643 | -€208,757 | -8.1% |
| Plant, machinery and equipment | 23 | €35,797 | €30,606 | -€5,191 | -14.5% |
| Furniture and vehicles | 24 | €40,656 | €29,822 | -€10,834 | -26.6% |
| Leasing and similar rights | 25 | €42,064 | €15,205 | -€26,859 | -63.9% |
| Other tangible fixed assets | 26 | €98,117 | €117,062 | +€18,945 | +19.3% |
| Financial fixed assets | 28 | €670,294 | €670,159 | -€135 | 0.0% |
| Current assets | 29/58 | €2,103,369 | €1,934,232 | -€169,137 | -8.0% |
| Stocks and contracts in progress | 3 | €1,040,249 | €895,890 | -€144,359 | -13.9% |
| Stocks | 30/36 | €1,040,249 | €895,890 | -€144,359 | -13.9% |
| Amounts receivable within one year | 40/41 | €1,004,214 | €822,558 | -€181,657 | -18.1% |
| Trade receivables | 40 | €997,915 | €813,963 | -€183,952 | -18.4% |
| Other amounts receivable | 41 | €6,299 | €8,595 | +€2,296 | +36.4% |
| Cash at bank and in hand | 54/58 | €40,004 | €196,151 | +€156,147 | +390% |
| Deferred charges and accrued income | 490/1 | €18,902 | €19,634 | +€732 | +3.9% |
| Total equity and liabilities | 10/49 | €6,086,234 | €5,705,990 | -€380,244 | -6.2% |
| Equity | 10/15 | €269,461 | €280,321 | +€10,859 | +4.0% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €115,372 | €115,333 | -€39 | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €39 | - | -€39 | |
| Distributable reserves | 133 | €102,938 | €102,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,143 | €41,041 | +€10,899 | +36.2% |
| Provisions and deferred taxes | 16 | €8,402 | €8,382 | -€20 | -0.2% |
| Provisions for liabilities and charges | 160/5 | €8,382 | €8,382 | = | 0.0% |
| Major repairs and maintenance | 162 | €8,382 | €8,382 | = | 0.0% |
| Deferred taxes | 168 | €20 | - | -€20 | |
| Amounts payable | 17/49 | €5,808,370 | €5,417,287 | -€391,083 | -6.7% |
| Amounts payable after more than one year | 17 | €1,308,400 | €1,237,169 | -€71,231 | -5.4% |
| Financial debts | 170/4 | €1,308,400 | €1,237,169 | -€71,231 | -5.4% |
| Amounts payable within one year | 42/48 | €4,486,248 | €4,167,413 | -€318,834 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €104,400 | €93,644 | -€10,756 | -10.3% |
| Financial debts | 43 | €850,000 | €685,000 | -€165,000 | -19.4% |
| Credit institutions | 430/8 | €850,000 | €685,000 | -€165,000 | -19.4% |
| Trade debts | 44 | €2,066,170 | €1,967,891 | -€98,279 | -4.8% |
| Suppliers | 440/4 | €2,066,170 | €1,967,891 | -€98,279 | -4.8% |
| Taxes, remuneration and social security | 45 | €44,528 | €31,906 | -€12,622 | -28.3% |
| Taxes | 450/3 | €14,501 | €3,023 | -€11,478 | -79.2% |
| Remuneration and social security | 454/9 | €30,027 | €28,883 | -€1,144 | -3.8% |
| Other amounts payable | 47/48 | €1,421,150 | €1,388,972 | -€32,177 | -2.3% |
| Accrued charges and deferred income | 492/3 | €13,723 | €12,704 | -€1,018 | -7.4% |
| Non-recurring operating income | 76A | - | €374,690 | +€374,690 | |
| Remuneration, social security and pensions | 62 | €276,980 | €244,368 | -€32,612 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,758 | €151,044 | +€18,286 | +13.8% |
| Other operating charges | 640/8 | €7,992 | €6,424 | -€1,568 | -19.6% |
| Non-recurring operating charges | 66A | €7,039 | €7,674 | +€635 | +9.0% |
| Gross operating margin | 9900 | €395,067 | €512,672 | +€117,605 | +29.8% |
| Operating profit (loss) | 9901 | -€29,701 | €103,162 | +€132,864 | |
| Financial income | 75/76B | €2,916 | €535 | -€2,381 | -81.7% |
| Recurring financial income | 75 | €2,916 | €535 | -€2,381 | -81.7% |
| Financial charges | 65/66B | €88,272 | €92,858 | +€4,587 | +5.2% |
| Recurring financial charges | 65 | €88,272 | €92,858 | +€4,587 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€115,056 | €10,839 | +€125,895 | |
| Transfer from deferred taxes | 780 | €25 | €20 | -€4 | -17.3% |
| Profit (loss) for the period | 9904 | -€115,032 | €10,859 | +€125,891 | |
| Transfer from tax-exempt reserves | 789 | €48 | €39 | -€8 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€114,984 | €10,899 | +€125,883 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.