VICOFI: 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.
VICOFI
Largest movements
- Receivables after one year -€500,000
down €500,000 (-9.8%), from €5.1m to €4.6m
- Cash +€333,013
up €333,013 (+3260.8%), from €10,213 to €343,226
mainly Receivables after one year (+€500,000) and Other debts (+€86,036)
- Profit (loss) carried forward -€274,641
down €274,641 (-5.6%), from €4.9m to €4.6m
- Other debts +€86,036
up €86,036 (+38.3%), from €224,464 to €310,500
- Financial income -€4,593
down €4,593 (-11.1%), from €41,310 to €36,716
- Taxes -€1,228
down €1,228 (-12.4%), from €9,902 to €8,674
- Financial charges +€125
up €125 (+55.6%), from €225 to €350
- Gross operating margin -€32
down €32 (-2.4%), from -€1,334 to -€1,366
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 | €5,171,881 | €4,998,543 | -€173,337 | -3.4% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €5,166,881 | €4,993,543 | -€173,337 | -3.4% |
| Amounts receivable after more than one year | 29 | €5,086,986 | €4,586,986 | -€500,000 | -9.8% |
| Other amounts receivable | 291 | €5,086,986 | €4,586,986 | -€500,000 | -9.8% |
| Amounts receivable within one year | 40/41 | €69,682 | €63,332 | -€6,350 | -9.1% |
| Other amounts receivable | 41 | €69,682 | €63,332 | -€6,350 | -9.1% |
| Cash at bank and in hand | 54/58 | €10,213 | €343,226 | +€333,013 | +3260.8% |
| Total equity and liabilities | 10/49 | €5,171,881 | €4,998,543 | -€173,337 | -3.4% |
| Equity | 10/15 | €4,905,800 | €4,631,159 | -€274,641 | -5.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,885,800 | €4,611,159 | -€274,641 | -5.6% |
| Amounts payable | 17/49 | €266,081 | €367,384 | +€101,304 | +38.1% |
| Amounts payable within one year | 42/48 | €266,081 | €358,421 | +€92,340 | +34.7% |
| Trade debts | 44 | €1,715 | €1,747 | +€32 | +1.9% |
| Suppliers | 440/4 | €1,715 | €1,747 | +€32 | +1.9% |
| Taxes, remuneration and social security | 45 | €39,902 | €46,174 | +€6,272 | +15.7% |
| Taxes | 450/3 | €39,902 | €46,174 | +€6,272 | +15.7% |
| Other amounts payable | 47/48 | €224,464 | €310,500 | +€86,036 | +38.3% |
| Accrued charges and deferred income | 492/3 | - | €8,964 | +€8,964 | |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€1,334 | -€1,366 | -€32 | -2.4% |
| Operating profit (loss) | 9901 | -€2,295 | -€2,334 | -€39 | -1.7% |
| Financial income | 75/76B | €41,310 | €36,716 | -€4,593 | -11.1% |
| Recurring financial income | 75 | €41,310 | €36,716 | -€4,593 | -11.1% |
| Financial charges | 65/66B | €225 | €350 | +€125 | +55.6% |
| Recurring financial charges | 65 | €225 | €350 | +€125 | +55.6% |
| Profit (loss) for the period before taxes | 9903 | €38,790 | €34,032 | -€4,758 | -12.3% |
| Income taxes | 67/77 | €9,902 | €8,674 | -€1,228 | -12.4% |
| Profit (loss) for the period | 9904 | €28,888 | €25,359 | -€3,529 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,888 | €25,359 | -€3,529 | -12.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.