VICKLYNE: 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.
VICKLYNE
Largest movements
- Receivables within one year +€17,819
up €17,819 (+95.9%), from €18,583 to €36,402
of which Trade receivables: +€18,867
- Cash -€11,092
down €11,092 (-74.6%), from €14,876 to €3,785
mainly Receivables within one year (-€17,819) and Other debts (-€5,145)
- Tangible fixed assets -€3,094
down €3,094 (-49.6%), from €6,233 to €3,140
of which Furniture and vehicles: -€1,688
- Intangible fixed assets -€2,187
down €2,187 (-53.5%), from €4,087 to €1,900
- Formation expenses -€573
down €573 (-33.3%), from €1,719 to €1,146
- Other debts -€5,145
down €5,145 (-20.0%), from €25,688 to €20,544
- Debts after one year +€3,995
new in 2025: €3,995
- Tax, wage and social debts +€2,534
up €2,534 (+127.4%), from €1,989 to €4,522
of which Remuneration and social security: +€1,620
- Current portion of long-term debt +€1,428
new in 2025: €1,428
- Profit (loss) carried forward -€820
down €820 (-62.4%), from €1,314 to €494
- Gross operating margin -€4,346
down €4,346 (-11.4%), from €37,966 to €33,619
- Staff costs -€1,267
down €1,267 (-5.0%), from €25,202 to €23,935
- Taxes -€834
down €834, from €695 to -€139
- Other operating charges +€412
up €412 (+152.3%), from €271 to €683
- Financial charges +€390
up €390 (+375.7%), from €104 to €494
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 | €48,580 | €49,923 | +€1,343 | +2.8% |
| Formation expenses | 20 | €1,719 | €1,146 | -€573 | -33.3% |
| Fixed assets | 21/28 | €10,322 | €5,051 | -€5,271 | -51.1% |
| Intangible fixed assets | 21 | €4,087 | €1,900 | -€2,187 | -53.5% |
| Tangible fixed assets | 22/27 | €6,233 | €3,140 | -€3,094 | -49.6% |
| Plant, machinery and equipment | 23 | €1,900 | €494 | -€1,406 | -74.0% |
| Furniture and vehicles | 24 | €4,333 | €2,645 | -€1,688 | -39.0% |
| Financial fixed assets | 28 | €1 | €11 | +€10 | +1000.0% |
| Current assets | 29/58 | €36,539 | €43,726 | +€7,187 | +19.7% |
| Stocks and contracts in progress | 3 | €87 | €126 | +€39 | +45.2% |
| Stocks | 30/36 | €87 | €126 | +€39 | +45.2% |
| Amounts receivable within one year | 40/41 | €18,583 | €36,402 | +€17,819 | +95.9% |
| Trade receivables | 40 | €17,535 | €36,402 | +€18,867 | +107.6% |
| Other amounts receivable | 41 | €1,048 | €0 | -€1,048 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,876 | €3,785 | -€11,092 | -74.6% |
| Deferred charges and accrued income | 490/1 | €2,993 | €3,414 | +€421 | +14.1% |
| Total equity and liabilities | 10/49 | €48,580 | €49,923 | +€1,343 | +2.8% |
| Equity | 10/15 | €6,314 | €5,494 | -€820 | -13.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,314 | €494 | -€820 | -62.4% |
| Amounts payable | 17/49 | €42,266 | €44,429 | +€2,163 | +5.1% |
| Amounts payable after more than one year | 17 | - | €3,995 | +€3,995 | |
| Financial debts | 170/4 | - | €3,995 | +€3,995 | |
| Amounts payable within one year | 42/48 | €42,266 | €40,434 | -€1,832 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | - | €1,428 | +€1,428 | |
| Trade debts | 44 | €14,589 | €13,940 | -€649 | -4.4% |
| Suppliers | 440/4 | €14,589 | €13,940 | -€649 | -4.4% |
| Taxes, remuneration and social security | 45 | €1,989 | €4,522 | +€2,534 | +127.4% |
| Taxes | 450/3 | €1,989 | €2,902 | +€913 | +45.9% |
| Remuneration and social security | 454/9 | €0 | €1,620 | +€1,620 | |
| Other amounts payable | 47/48 | €25,688 | €20,544 | -€5,145 | -20.0% |
| Remuneration, social security and pensions | 62 | €25,202 | €23,935 | -€1,267 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,144 | €9,504 | +€360 | +3.9% |
| Other operating charges | 640/8 | €271 | €683 | +€412 | +152.3% |
| Gross operating margin | 9900 | €37,966 | €33,619 | -€4,346 | -11.4% |
| Operating profit (loss) | 9901 | €3,349 | -€502 | -€3,852 | |
| Financial income | 75/76B | €22 | €37 | +€15 | +68.0% |
| Recurring financial income | 75 | €22 | €37 | +€15 | +68.0% |
| Financial charges | 65/66B | €104 | €494 | +€390 | +375.7% |
| Recurring financial charges | 65 | €104 | €494 | +€390 | +375.7% |
| Profit (loss) for the period before taxes | 9903 | €3,268 | -€959 | -€4,227 | |
| Income taxes | 67/77 | €695 | -€139 | -€834 | |
| Profit (loss) for the period | 9904 | €2,572 | -€820 | -€3,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,572 | -€820 | -€3,392 |
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 10 October 2026 via checked.be.