VICOTRA: 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.
VICOTRA
Largest movements
- Receivables within one year -€226,462
down €226,462 (-49.5%), from €457,823 to €231,360
of which Trade receivables: -€195,688
- Tangible fixed assets -€23,122
down €23,122 (-6.6%), from €352,504 to €329,382
of which Land and buildings: -€17,200
- Cash +€14,122
up €14,122 (+342.0%), from €4,129 to €18,252
mainly Receivables within one year (+€226,462) and Depreciation (+€41,363)
- Profit (loss) carried forward -€200,562
down €200,562 (-38.7%), from -€517,866 to -€718,429
- Other debts -€51,158
down €51,158 (-6.9%), from €740,729 to €689,571
- Trade debts +€22,174
up €22,174 (+40.6%), from €54,554 to €76,728
- Other operating charges +€135,000
new in 2025: €135,000
- Gross operating margin -€39,871
down €39,871, from €25,905 to -€13,966
- Provisions -€5,000
new in 2025: -€5,000
- Financial charges +€2,810
up €2,810 (+750.3%), from €374 to €3,184
- Financial income -€1,256
down €1,256 (-11.2%), from €11,238 to €9,981
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 | €1,113,387 | €877,925 | -€235,462 | -21.1% |
| Fixed assets | 21/28 | €353,004 | €329,882 | -€23,122 | -6.6% |
| Tangible fixed assets | 22/27 | €352,504 | €329,382 | -€23,122 | -6.6% |
| Land and buildings | 22 | €318,328 | €301,128 | -€17,200 | -5.4% |
| Plant, machinery and equipment | 23 | €3,203 | €4,908 | +€1,705 | +53.2% |
| Furniture and vehicles | 24 | €30,973 | €23,347 | -€7,627 | -24.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €760,383 | €548,043 | -€212,340 | -27.9% |
| Stocks and contracts in progress | 3 | €298,431 | €298,431 | = | 0.0% |
| Stocks | 30/36 | €298,431 | €298,431 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €457,823 | €231,360 | -€226,462 | -49.5% |
| Trade receivables | 40 | €195,688 | - | -€195,688 | |
| Other amounts receivable | 41 | €262,135 | €231,360 | -€30,775 | -11.7% |
| Cash at bank and in hand | 54/58 | €4,129 | €18,252 | +€14,122 | +342.0% |
| Total equity and liabilities | 10/49 | €1,113,387 | €877,925 | -€235,462 | -21.1% |
| Equity | 10/15 | €113,664 | -€86,899 | -€200,562 | |
| Contributions | 10/11 | €631,530 | €631,530 | = | 0.0% |
| Capital | 10 | €631,530 | €631,530 | = | 0.0% |
| Issued capital | 100 | €631,530 | €631,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€517,866 | -€718,429 | -€200,562 | -38.7% |
| Provisions and deferred taxes | 16 | €194,000 | €189,000 | -€5,000 | -2.6% |
| Provisions for liabilities and charges | 160/5 | €194,000 | €189,000 | -€5,000 | -2.6% |
| Major repairs and maintenance | 162 | €194,000 | €189,000 | -€5,000 | -2.6% |
| Amounts payable | 17/49 | €805,723 | €775,824 | -€29,900 | -3.7% |
| Amounts payable within one year | 42/48 | €795,723 | €766,722 | -€29,001 | -3.6% |
| Trade debts | 44 | €54,554 | €76,728 | +€22,174 | +40.6% |
| Suppliers | 440/4 | €54,554 | €76,728 | +€22,174 | +40.6% |
| Taxes, remuneration and social security | 45 | €440 | €423 | -€17 | -3.9% |
| Taxes | 450/3 | €440 | €423 | -€17 | -3.9% |
| Other amounts payable | 47/48 | €740,729 | €689,571 | -€51,158 | -6.9% |
| Accrued charges and deferred income | 492/3 | €10,000 | €9,102 | -€898 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,219 | €41,363 | +€1,144 | +2.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€5,000 | -€5,000 | |
| Other operating charges | 640/8 | - | €135,000 | +€135,000 | |
| Non-recurring operating charges | 66A | - | €21,607 | +€21,607 | |
| Gross operating margin | 9900 | €25,905 | -€13,966 | -€39,871 | |
| Operating profit (loss) | 9901 | -€14,315 | -€206,937 | -€192,622 | -1345.6% |
| Financial income | 75/76B | €11,238 | €9,981 | -€1,256 | -11.2% |
| Recurring financial income | 75 | €11,238 | €9,981 | -€1,256 | -11.2% |
| Financial charges | 65/66B | €374 | €3,184 | +€2,810 | +750.3% |
| Recurring financial charges | 65 | €374 | €3,184 | +€2,810 | +750.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,452 | -€200,139 | -€196,688 | -5698.4% |
| Income taxes | 67/77 | €440 | €423 | -€17 | -3.9% |
| Profit (loss) for the period | 9904 | -€3,892 | -€200,562 | -€196,671 | -5053.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,892 | -€200,562 | -€196,671 | -5053.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.