Vicmo: 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.
Vicmo
Largest movements
- Stocks and contracts +€13,760
up €13,760 (+111.1%), from €12,383 to €26,143
- Cash +€7,341
up €7,341 (+11269.5%), from €65 to €7,406
mainly Net result for the year (+€14,450) and Tax, wage and social debts (+€7,763)
- Receivables within one year -€6,733
no longer reported in 2025 (was €6,733)
of which Trade receivables: -€6,683
- Tangible fixed assets +€6,496
new in 2025: €6,496
- Financial fixed assets +€3,750
new in 2025: €3,750
- Profit (loss) carried forward +€14,450
up €14,450 (+31.9%), from -€45,233 to -€30,782
- Tax, wage and social debts +€7,763
up €7,763 (+5372.3%), from €145 to €7,908
- Trade debts +€3,304
up €3,304 (+2622.5%), from €126 to €3,430
- Current portion of long-term debt -€1,984
no longer reported in 2025 (was €1,984)
- Other debts +€1,080
up €1,080 (+2.5%), from €43,609 to €44,689
- Gross operating margin +€16,876
up €16,876, from -€248 to €16,628
- Depreciation +€494
new in 2025: €494
- Financial charges -€215
down €215 (-18.4%), from €1,167 to €953
- Taxes -€173
no longer reported in 2025 (was €173)
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 | €19,181 | €43,795 | +€24,614 | +128.3% |
| Fixed assets | 21/28 | - | €10,246 | +€10,246 | |
| Tangible fixed assets | 22/27 | - | €6,496 | +€6,496 | |
| Furniture and vehicles | 24 | - | €6,496 | +€6,496 | |
| Financial fixed assets | 28 | - | €3,750 | +€3,750 | |
| Current assets | 29/58 | €19,181 | €33,549 | +€14,368 | +74.9% |
| Stocks and contracts in progress | 3 | €12,383 | €26,143 | +€13,760 | +111.1% |
| Stocks | 30/36 | €12,383 | €26,143 | +€13,760 | +111.1% |
| Amounts receivable within one year | 40/41 | €6,733 | - | -€6,733 | |
| Trade receivables | 40 | €6,683 | - | -€6,683 | |
| Other amounts receivable | 41 | €50 | - | -€50 | |
| Cash at bank and in hand | 54/58 | €65 | €7,406 | +€7,341 | +11269.5% |
| Total equity and liabilities | 10/49 | €19,181 | €43,795 | +€24,614 | +128.3% |
| Equity | 10/15 | -€26,683 | -€12,232 | +€14,450 | +54.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,233 | -€30,782 | +€14,450 | +31.9% |
| Amounts payable | 17/49 | €45,863 | €56,027 | +€10,164 | +22.2% |
| Amounts payable within one year | 42/48 | €45,863 | €56,027 | +€10,164 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €1,984 | - | -€1,984 | |
| Trade debts | 44 | €126 | €3,430 | +€3,304 | +2622.5% |
| Suppliers | 440/4 | €126 | €3,430 | +€3,304 | +2622.5% |
| Taxes, remuneration and social security | 45 | €145 | €7,908 | +€7,763 | +5372.3% |
| Taxes | 450/3 | €145 | €7,908 | +€7,763 | +5372.3% |
| Other amounts payable | 47/48 | €43,609 | €44,689 | +€1,080 | +2.5% |
| Remuneration, social security and pensions | 62 | -€97 | - | +€97 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €494 | +€494 | |
| Other operating charges | 640/8 | €903 | €740 | -€164 | -18.1% |
| Gross operating margin | 9900 | -€248 | €16,628 | +€16,876 | |
| Operating profit (loss) | 9901 | -€1,054 | €15,394 | +€16,448 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,167 | €953 | -€215 | -18.4% |
| Recurring financial charges | 65 | €1,167 | €953 | -€215 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,221 | €14,450 | +€16,672 | |
| Income taxes | 67/77 | €173 | - | -€173 | |
| Profit (loss) for the period | 9904 | -€2,395 | €14,450 | +€16,845 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,395 | €14,450 | +€16,845 |
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 2 October 2026 via checked.be.