VICLUX: 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.
VICLUX
Largest movements
- Deferred charges and accrued income +€50,582
up €50,582 (+101%), from €49,997 to €100,579
- Cash +€11,143
up €11,143 (+79.1%), from €14,096 to €25,239
mainly Net result for the year (+€95,455) and Trade debts (+€1,121)
- Reserves +€63,655
up €63,655 (+46.3%), from €137,411 to €201,066
- Gross operating margin +€102,616
up €102,616 (+864%), from €11,876 to €114,492
- Financial charges +€16,575
up €16,575 (+57.7%), from €28,707 to €45,282
- Taxes +€3,124
up €3,124 (+1,094%), from €286 to €3,410
- Staff costs +€2,017
up €2,017 (+12.6%), from €16,051 to €18,068
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.
Derived cash bridge
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 | €1,034,598 | €1,096,431 | +€61,833 | +6.0% |
| Fixed assets | 21/28 | €790,506 | €790,244 | -€262 | 0.0% |
| Tangible fixed assets | 22/27 | €506 | €244 | -€262 | -51.8% |
| Furniture and vehicles | 24 | €506 | €244 | -€262 | -51.8% |
| Financial fixed assets | 28 | €790,000 | €790,000 | = | 0.0% |
| Current assets | 29/58 | €244,093 | €306,187 | +€62,095 | +25.4% |
| Amounts receivable after more than one year | 29 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 291 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €369 | +€369 | |
| Other amounts receivable | 41 | - | €369 | +€369 | |
| Cash at bank and in hand | 54/58 | €14,096 | €25,239 | +€11,143 | +79.1% |
| Deferred charges and accrued income | 490/1 | €49,997 | €100,579 | +€50,582 | +101% |
| Total equity and liabilities | 10/49 | €1,034,598 | €1,096,431 | +€61,833 | +6.0% |
| Equity | 10/15 | €512,411 | €576,066 | +€63,655 | +12.4% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €137,411 | €201,066 | +€63,655 | +46.3% |
| Distributable reserves | 133 | €137,411 | €201,066 | +€63,655 | +46.3% |
| Amounts payable | 17/49 | €522,187 | €520,365 | -€1,822 | -0.3% |
| Amounts payable within one year | 42/48 | €522,037 | €520,365 | -€1,672 | -0.3% |
| Trade debts | 44 | €4,633 | €5,755 | +€1,121 | +24.2% |
| Suppliers | 440/4 | €4,633 | €5,755 | +€1,121 | +24.2% |
| Taxes, remuneration and social security | 45 | €10,769 | €11,068 | +€298 | +2.8% |
| Taxes | 450/3 | €5,619 | €5,465 | -€154 | -2.7% |
| Remuneration and social security | 454/9 | €5,150 | €5,602 | +€452 | +8.8% |
| Other amounts payable | 47/48 | €506,635 | €503,543 | -€3,092 | -0.6% |
| Accrued charges and deferred income | 492/3 | €150 | - | -€150 | |
| Remuneration, social security and pensions | 62 | €16,051 | €18,068 | +€2,017 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €460 | €262 | -€198 | -43.1% |
| Other operating charges | 640/8 | €680 | €622 | -€58 | -8.6% |
| Gross operating margin | 9900 | €11,876 | €114,492 | +€102,616 | +864% |
| Operating profit (loss) | 9901 | -€5,315 | €95,540 | +€100,855 | |
| Financial income | 75/76B | €48,071 | €48,606 | +€535 | +1.1% |
| Recurring financial income | 75 | €48,071 | €48,606 | +€535 | +1.1% |
| Financial charges | 65/66B | €28,707 | €45,282 | +€16,575 | +57.7% |
| Recurring financial charges | 65 | €28,707 | €45,282 | +€16,575 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | €14,049 | €98,864 | +€84,815 | +604% |
| Income taxes | 67/77 | €286 | €3,410 | +€3,124 | +1,094% |
| Profit (loss) for the period | 9904 | €13,764 | €95,455 | +€81,691 | +594% |
| Profit (loss) for the period to be appropriated | 9905 | €13,764 | €95,455 | +€81,691 | +594% |
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 20 October 2026 via checked.be.