VICOPARTS: 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.
VICOPARTS
Largest movements
- Cash -€106,751
down €106,751 (-98.2%), from €108,691 to €1,940
mainly Trade debts (-€108,432) and Net result for the year (-€51,555)
- Stocks and contracts +€39,753
up €39,753 (+7.9%), from €500,428 to €540,182
- Receivables within one year -€28,667
down €28,667 (-20.2%), from €141,893 to €113,226
of which Other amounts receivable: -€36,242
- Tangible fixed assets -€11,729
down €11,729 (-17.6%), from €66,539 to €54,810
of which Furniture and vehicles: -€6,765
- Trade debts -€108,432
down €108,432 (-56.9%), from €190,635 to €82,203
- Short-term financial debts +€67,756
up €67,756 (+25.9%), from €262,076 to €329,832
- Profit (loss) carried forward -€51,555
down €51,555 (-20.9%), from €246,143 to €194,588
- Tax, wage and social debts -€8,981
down €8,981 (-31.1%), from €28,849 to €19,868
of which Remuneration and social security: -€15,556
- Staff costs +€109,844
up €109,844 (+97.3%), from €112,941 to €222,785
- Gross operating margin -€72,433
down €72,433 (-25.7%), from €281,403 to €208,970
- Taxes -€33,934
down €33,934 (-99.2%), from €34,201 to €266
- Depreciation +€7,281
up €7,281 (+86.0%), from €8,470 to €15,751
- Financial charges -€7,126
down €7,126 (-25.5%), from €27,962 to €20,836
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 | €832,685 | €727,426 | -€105,258 | -12.6% |
| Fixed assets | 21/28 | €76,030 | €62,917 | -€13,113 | -17.2% |
| Intangible fixed assets | 21 | €9,491 | €8,107 | -€1,384 | -14.6% |
| Tangible fixed assets | 22/27 | €66,539 | €54,810 | -€11,729 | -17.6% |
| Plant, machinery and equipment | 23 | €25,348 | €20,384 | -€4,964 | -19.6% |
| Furniture and vehicles | 24 | €41,191 | €34,426 | -€6,765 | -16.4% |
| Current assets | 29/58 | €756,655 | €664,509 | -€92,145 | -12.2% |
| Stocks and contracts in progress | 3 | €500,428 | €540,182 | +€39,753 | +7.9% |
| Stocks | 30/36 | €500,428 | €540,182 | +€39,753 | +7.9% |
| Amounts receivable within one year | 40/41 | €141,893 | €113,226 | -€28,667 | -20.2% |
| Trade receivables | 40 | €87,011 | €94,587 | +€7,575 | +8.7% |
| Other amounts receivable | 41 | €54,882 | €18,639 | -€36,242 | -66.0% |
| Cash at bank and in hand | 54/58 | €108,691 | €1,940 | -€106,751 | -98.2% |
| Deferred charges and accrued income | 490/1 | €5,642 | €9,162 | +€3,519 | +62.4% |
| Total equity and liabilities | 10/49 | €832,685 | €727,426 | -€105,258 | -12.6% |
| Equity | 10/15 | €312,643 | €261,088 | -€51,555 | -16.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €16,500 | €16,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,500 | €11,500 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,143 | €194,588 | -€51,555 | -20.9% |
| Amounts payable | 17/49 | €520,042 | €466,339 | -€53,703 | -10.3% |
| Amounts payable after more than one year | 17 | €31,051 | €23,475 | -€7,576 | -24.4% |
| Financial debts | 170/4 | €31,051 | €23,475 | -€7,576 | -24.4% |
| Amounts payable within one year | 42/48 | €488,991 | €440,816 | -€48,175 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €7,346 | €7,576 | +€229 | +3.1% |
| Financial debts | 43 | €262,076 | €329,832 | +€67,756 | +25.9% |
| Credit institutions | 430/8 | €262,076 | €329,832 | +€67,756 | +25.9% |
| Trade debts | 44 | €190,635 | €82,203 | -€108,432 | -56.9% |
| Suppliers | 440/4 | €190,635 | €82,203 | -€108,432 | -56.9% |
| Taxes, remuneration and social security | 45 | €28,849 | €19,868 | -€8,981 | -31.1% |
| Taxes | 450/3 | €3,006 | €9,581 | +€6,575 | +219% |
| Remuneration and social security | 454/9 | €25,842 | €10,286 | -€15,556 | -60.2% |
| Other amounts payable | 47/48 | €85 | €1,338 | +€1,253 | +1,480% |
| Accrued charges and deferred income | 492/3 | €0 | €2,048 | +€2,048 | |
| Non-recurring operating income | 76A | - | €7,915 | +€7,915 | |
| Remuneration, social security and pensions | 62 | €112,941 | €222,785 | +€109,844 | +97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,470 | €15,751 | +€7,281 | +86.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,718 | €1,018 | -€700 | -40.8% |
| Gross operating margin | 9900 | €281,403 | €208,970 | -€72,433 | -25.7% |
| Operating profit (loss) | 9901 | €158,275 | -€30,584 | -€188,858 | |
| Financial income | 75/76B | €477 | €131 | -€346 | -72.6% |
| Recurring financial income | 75 | €477 | €131 | -€346 | -72.6% |
| Financial charges | 65/66B | €27,962 | €20,836 | -€7,126 | -25.5% |
| Recurring financial charges | 65 | €27,962 | €20,836 | -€7,126 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €130,790 | -€51,289 | -€182,079 | |
| Income taxes | 67/77 | €34,201 | €266 | -€33,934 | -99.2% |
| Profit (loss) for the period | 9904 | €96,590 | -€51,555 | -€148,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €96,590 | -€51,555 | -€148,145 |
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 19 October 2026 via checked.be.