Vicinity Services: 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.
Vicinity Services
Largest movements
- Receivables within one year +€70,257
up €70,257 (+53.1%), from €132,378 to €202,635
- Cash -€39,078
down €39,078 (-72.5%), from €53,935 to €14,857
mainly Receivables within one year (-€70,257) and Contributions, distributions and other (-€12,000)
- Tax, wage and social debts +€18,552
up €18,552 (+37.9%), from €48,954 to €67,506
of which Taxes: +€14,213
- Profit (loss) carried forward +€7,514
up €7,514 (+19.1%), from €39,356 to €46,870
- Other debts +€3,049
up €3,049 (+122.3%), from €2,493 to €5,542
- Trade debts +€2,521
up €2,521 (+5.8%), from €43,271 to €45,791
- Gross operating margin +€34,481
up €34,481 (+8.8%), from €391,107 to €425,588
- Staff costs +€33,887
up €33,887 (+9.9%), from €342,317 to €376,204
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 | €201,724 | €233,359 | +€31,635 | +15.7% |
| Fixed assets | 21/28 | €12,963 | €12,938 | -€25 | -0.2% |
| Tangible fixed assets | 22/27 | €12,668 | €12,643 | -€25 | -0.2% |
| Furniture and vehicles | 24 | €12,668 | €12,643 | -€25 | -0.2% |
| Financial fixed assets | 28 | €295 | €295 | = | 0.0% |
| Current assets | 29/58 | €188,761 | €220,421 | +€31,660 | +16.8% |
| Amounts receivable within one year | 40/41 | €132,378 | €202,635 | +€70,257 | +53.1% |
| Trade receivables | 40 | €132,378 | €202,635 | +€70,257 | +53.1% |
| Cash at bank and in hand | 54/58 | €53,935 | €14,857 | -€39,078 | -72.5% |
| Deferred charges and accrued income | 490/1 | €2,449 | €2,929 | +€481 | +19.6% |
| Total equity and liabilities | 10/49 | €201,724 | €233,359 | +€31,635 | +15.7% |
| Equity | 10/15 | €107,006 | €114,520 | +€7,514 | +7.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,356 | €46,870 | +€7,514 | +19.1% |
| Amounts payable | 17/49 | €94,718 | €118,840 | +€24,121 | +25.5% |
| Amounts payable within one year | 42/48 | €94,718 | €118,840 | +€24,121 | +25.5% |
| Trade debts | 44 | €43,271 | €45,791 | +€2,521 | +5.8% |
| Suppliers | 440/4 | €43,271 | €45,791 | +€2,521 | +5.8% |
| Taxes, remuneration and social security | 45 | €48,954 | €67,506 | +€18,552 | +37.9% |
| Taxes | 450/3 | €14,235 | €28,448 | +€14,213 | +99.8% |
| Remuneration and social security | 454/9 | €34,719 | €39,058 | +€4,339 | +12.5% |
| Other amounts payable | 47/48 | €2,493 | €5,542 | +€3,049 | +122.3% |
| Remuneration, social security and pensions | 62 | €342,317 | €376,204 | +€33,887 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,358 | €7,699 | +€1,341 | +21.1% |
| Other operating charges | 640/8 | €597 | €2,297 | +€1,699 | +284.6% |
| Gross operating margin | 9900 | €391,107 | €425,588 | +€34,481 | +8.8% |
| Operating profit (loss) | 9901 | €41,836 | €39,389 | -€2,447 | -5.8% |
| Financial charges | 65/66B | €8,852 | €7,924 | -€929 | -10.5% |
| Recurring financial charges | 65 | €8,852 | €7,924 | -€929 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €32,983 | €31,465 | -€1,518 | -4.6% |
| Income taxes | 67/77 | €12,091 | €11,951 | -€139 | -1.2% |
| Profit (loss) for the period | 9904 | €20,893 | €19,514 | -€1,379 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,893 | €19,514 | -€1,379 | -6.6% |
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 7 October 2026 via checked.be.