VICON: 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.
VICON
Largest movements
- Tangible fixed assets +€79,159
up €79,159 (+29.8%), from €265,761 to €344,920
of which Leasing and similar rights: +€60,912
- Cash +€15,059
up €15,059 (+1597.7%), from €943 to €16,001
mainly Net result for the year (+€63,350) and Depreciation (+€58,725)
- Receivables within one year -€13,419
down €13,419 (-15.2%), from €88,465 to €75,045
of which Trade receivables: -€12,499
- Profit (loss) carried forward +€63,350
up €63,350 (+197.3%), from €32,116 to €95,465
- Debts after one year +€34,610
up €34,610 (+24.5%), from €141,456 to €176,066
- Short-term financial debts -€33,359
down €33,359 (-100.0%), from €33,359 to €0
- Tax, wage and social debts +€21,365
up €21,365 (+213.4%), from €10,011 to €31,377
of which Taxes: +€20,989
- Trade debts -€21,065
down €21,065 (-25.9%), from €81,248 to €60,183
- Gross operating margin +€96,682
up €96,682 (+80.5%), from €120,054 to €216,736
- Taxes +€18,563
up €18,563 (+9051.8%), from €205 to €18,768
- Depreciation +€13,809
up €13,809 (+30.7%), from €44,916 to €58,725
- Other operating charges +€12,720
up €12,720 (+175.1%), from €7,265 to €19,984
- Staff costs +€2,806
up €2,806 (+7.8%), from €35,861 to €38,667
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 | €363,265 | €444,184 | +€80,919 | +22.3% |
| Fixed assets | 21/28 | €266,166 | €345,325 | +€79,159 | +29.7% |
| Tangible fixed assets | 22/27 | €265,761 | €344,920 | +€79,159 | +29.8% |
| Plant, machinery and equipment | 23 | €3,828 | €5,136 | +€1,309 | +34.2% |
| Furniture and vehicles | 24 | €2,803 | €19,742 | +€16,939 | +604.2% |
| Leasing and similar rights | 25 | €259,130 | €320,042 | +€60,912 | +23.5% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €97,098 | €98,859 | +€1,760 | +1.8% |
| Amounts receivable within one year | 40/41 | €88,465 | €75,045 | -€13,419 | -15.2% |
| Trade receivables | 40 | €87,545 | €75,045 | -€12,499 | -14.3% |
| Other amounts receivable | 41 | €920 | €0 | -€920 | -100.0% |
| Cash at bank and in hand | 54/58 | €943 | €16,001 | +€15,059 | +1597.7% |
| Deferred charges and accrued income | 490/1 | €7,691 | €7,812 | +€121 | +1.6% |
| Total equity and liabilities | 10/49 | €363,265 | €444,184 | +€80,919 | +22.3% |
| Equity | 10/15 | €40,176 | €103,525 | +€63,350 | +157.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,116 | €95,465 | +€63,350 | +197.3% |
| Amounts payable | 17/49 | €323,089 | €340,659 | +€17,570 | +5.4% |
| Amounts payable after more than one year | 17 | €141,456 | €176,066 | +€34,610 | +24.5% |
| Financial debts | 170/4 | €141,456 | €176,066 | +€34,610 | +24.5% |
| Amounts payable within one year | 42/48 | €181,633 | €164,592 | -€17,041 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €52,877 | €67,815 | +€14,938 | +28.3% |
| Financial debts | 43 | €33,359 | €0 | -€33,359 | -100.0% |
| Credit institutions | 430/8 | €33,359 | €0 | -€33,359 | -100.0% |
| Trade debts | 44 | €81,248 | €60,183 | -€21,065 | -25.9% |
| Suppliers | 440/4 | €81,248 | €60,183 | -€21,065 | -25.9% |
| Taxes, remuneration and social security | 45 | €10,011 | €31,377 | +€21,365 | +213.4% |
| Taxes | 450/3 | €7,103 | €28,092 | +€20,989 | +295.5% |
| Remuneration and social security | 454/9 | €2,909 | €3,285 | +€376 | +12.9% |
| Other amounts payable | 47/48 | €4,138 | €5,218 | +€1,080 | +26.1% |
| Non-recurring operating income | 76A | €0 | €59,139 | +€59,139 | |
| Remuneration, social security and pensions | 62 | €35,861 | €38,667 | +€2,806 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,916 | €58,725 | +€13,809 | +30.7% |
| Other operating charges | 640/8 | €7,265 | €19,984 | +€12,720 | +175.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €120,054 | €216,736 | +€96,682 | +80.5% |
| Operating profit (loss) | 9901 | €32,012 | €99,359 | +€67,348 | +210.4% |
| Financial income | 75/76B | €20 | €32 | +€12 | +59.3% |
| Recurring financial income | 75 | €20 | €32 | +€12 | +59.3% |
| Financial charges | 65/66B | €15,380 | €17,273 | +€1,893 | +12.3% |
| Recurring financial charges | 65 | €15,380 | €17,273 | +€1,893 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €16,651 | €82,118 | +€65,467 | +393.2% |
| Income taxes | 67/77 | €205 | €18,768 | +€18,563 | +9051.8% |
| Profit (loss) for the period | 9904 | €16,446 | €63,350 | +€46,904 | +285.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,446 | €63,350 | +€46,904 | +285.2% |
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.