VICLO: 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.
VICLO
Largest movements
- Cash +€108,584
up €108,584 (+45.5%), from €238,837 to €347,421
mainly Net result for the year (+€76,919) and Receivables within one year (+€51,990)
- Receivables within one year -€51,990
down €51,990 (-22.8%), from €228,079 to €176,089
of which Trade receivables: -€42,850
- Reserves +€76,919
up €76,919 (+22.6%), from €340,241 to €417,160
of which Distributable reserves: +€76,919
- Debts after one year -€10,419
down €10,419 (-41.5%), from €25,104 to €14,685
- Staff costs -€47,218
down €47,218 (-99.7%), from €47,354 to €136
- Gross operating margin -€46,873
down €46,873 (-30.1%), from €155,780 to €108,907
- Other operating charges -€9,649
down €9,649 (-99.4%), from €9,711 to €62
- Taxes +€1,845
up €1,845 (+6.4%), from €28,690 to €30,535
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €488,492 | €545,086 | +€56,594 | +11.6% |
| Current assets | 29/58 | €488,492 | €545,086 | +€56,594 | +11.6% |
| Amounts receivable within one year | 40/41 | €228,079 | €176,089 | -€51,990 | -22.8% |
| Trade receivables | 40 | €197,161 | €154,311 | -€42,850 | -21.7% |
| Other amounts receivable | 41 | €30,919 | €21,778 | -€9,140 | -29.6% |
| Cash at bank and in hand | 54/58 | €238,837 | €347,421 | +€108,584 | +45.5% |
| Deferred charges and accrued income | 490/1 | €21,576 | €21,576 | = | 0.0% |
| Total equity and liabilities | 10/49 | €488,492 | €545,086 | +€56,594 | +11.6% |
| Equity | 10/15 | €346,441 | €423,360 | +€76,919 | +22.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €340,241 | €417,160 | +€76,919 | +22.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €307 | €307 | = | 0.0% |
| Distributable reserves | 133 | €338,074 | €414,993 | +€76,919 | +22.8% |
| Amounts payable | 17/49 | €142,051 | €121,726 | -€20,325 | -14.3% |
| Amounts payable after more than one year | 17 | €25,104 | €14,685 | -€10,419 | -41.5% |
| Financial debts | 170/4 | €25,104 | €14,685 | -€10,419 | -41.5% |
| Amounts payable within one year | 42/48 | €116,946 | €107,041 | -€9,906 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €10,419 | €10,411 | -€8 | -0.1% |
| Trade debts | 44 | €3,461 | €2,463 | -€997 | -28.8% |
| Suppliers | 440/4 | €3,461 | €2,463 | -€997 | -28.8% |
| Advances received on contracts in progress | 46 | €5,421 | €762 | -€4,658 | -85.9% |
| Taxes, remuneration and social security | 45 | €97,646 | €93,404 | -€4,242 | -4.3% |
| Taxes | 450/3 | €95,061 | €93,404 | -€1,657 | -1.7% |
| Remuneration and social security | 454/9 | €2,585 | - | -€2,585 | |
| Remuneration, social security and pensions | 62 | €47,354 | €136 | -€47,218 | -99.7% |
| Other operating charges | 640/8 | €9,711 | €62 | -€9,649 | -99.4% |
| Gross operating margin | 9900 | €155,780 | €108,907 | -€46,873 | -30.1% |
| Operating profit (loss) | 9901 | €98,714 | €108,709 | +€9,995 | +10.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,599 | €1,255 | -€344 | -21.5% |
| Recurring financial charges | 65 | €1,599 | €1,255 | -€344 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €97,115 | €107,453 | +€10,338 | +10.6% |
| Income taxes | 67/77 | €28,690 | €30,535 | +€1,845 | +6.4% |
| Profit (loss) for the period | 9904 | €68,425 | €76,919 | +€8,494 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,425 | €76,919 | +€8,494 | +12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.