VICRI: 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.
VICRI
Largest movements
- Receivables within one year +€45,905
up €45,905 (+23.0%), from €199,955 to €245,860
of which Trade receivables: +€50,654
- Tangible fixed assets -€6,414
down €6,414 (-4.0%), from €160,774 to €154,359
- Reserves +€46,015
up €46,015 (+64.7%), from €71,137 to €117,152
of which Distributable reserves: +€46,015
- Tax, wage and social debts +€27,079
up €27,079 (+106%), from €25,528 to €52,607
of which Taxes: +€27,079
- Debts after one year -€21,077
down €21,077 (-10.5%), from €201,144 to €180,066
- Trade debts -€15,369
down €15,369 (-59.3%), from €25,921 to €10,553
- Gross operating margin +€75,969
up €75,969 (+454%), from €16,728 to €92,697
- Taxes +€23,332
up €23,332, from €0 to €23,332
- Other operating charges +€3,013
up €3,013 (+98.5%), from €3,059 to €6,073
- Financial charges +€2,750
up €2,750 (+32.4%), from €8,495 to €11,244
- Financial income -€993
down €993 (-31.5%), from €3,148 to €2,155
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 | €387,365 | €425,969 | +€38,604 | +10.0% |
| Fixed assets | 21/28 | €170,774 | €164,359 | -€6,414 | -3.8% |
| Tangible fixed assets | 22/27 | €160,774 | €154,359 | -€6,414 | -4.0% |
| Land and buildings | 22 | €151,022 | €148,257 | -€2,765 | -1.8% |
| Plant, machinery and equipment | 23 | €5,534 | €4,268 | -€1,266 | -22.9% |
| Furniture and vehicles | 24 | €4,217 | €1,834 | -€2,383 | -56.5% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €216,592 | €261,610 | +€45,018 | +20.8% |
| Amounts receivable within one year | 40/41 | €199,955 | €245,860 | +€45,905 | +23.0% |
| Trade receivables | 40 | €7,820 | €58,474 | +€50,654 | +648% |
| Other amounts receivable | 41 | €192,135 | €187,386 | -€4,749 | -2.5% |
| Cash at bank and in hand | 54/58 | €14,534 | €15,223 | +€689 | +4.7% |
| Deferred charges and accrued income | 490/1 | €2,103 | €526 | -€1,576 | -75.0% |
| Total equity and liabilities | 10/49 | €387,365 | €425,969 | +€38,604 | +10.0% |
| Equity | 10/15 | €77,337 | €123,352 | +€46,015 | +59.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,137 | €117,152 | +€46,015 | +64.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €71,137 | €117,152 | +€46,015 | +64.7% |
| Amounts payable | 17/49 | €310,028 | €302,617 | -€7,411 | -2.4% |
| Amounts payable after more than one year | 17 | €201,144 | €180,066 | -€21,077 | -10.5% |
| Financial debts | 170/4 | €201,144 | €180,066 | -€21,077 | -10.5% |
| Amounts payable within one year | 42/48 | €108,885 | €121,443 | +€12,559 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €20,229 | €21,077 | +€849 | +4.2% |
| Trade debts | 44 | €25,921 | €10,553 | -€15,369 | -59.3% |
| Suppliers | 440/4 | €25,921 | €10,553 | -€15,369 | -59.3% |
| Taxes, remuneration and social security | 45 | €25,528 | €52,607 | +€27,079 | +106% |
| Taxes | 450/3 | €20,528 | €47,607 | +€27,079 | +132% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €37,206 | €37,206 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,108 | +€1,108 | |
| Remuneration, social security and pensions | 62 | €146 | €149 | +€3 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,827 | €8,039 | +€212 | +2.7% |
| Other operating charges | 640/8 | €3,059 | €6,073 | +€3,013 | +98.5% |
| Gross operating margin | 9900 | €16,728 | €92,697 | +€75,969 | +454% |
| Operating profit (loss) | 9901 | €5,695 | €78,436 | +€72,741 | +1,277% |
| Financial income | 75/76B | €3,148 | €2,155 | -€993 | -31.5% |
| Recurring financial income | 75 | €3,148 | €2,155 | -€993 | -31.5% |
| Financial charges | 65/66B | €8,495 | €11,244 | +€2,750 | +32.4% |
| Recurring financial charges | 65 | €8,495 | €11,244 | +€2,750 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €348 | €69,347 | +€68,998 | +19,810% |
| Income taxes | 67/77 | €0 | €23,332 | +€23,332 | |
| Profit (loss) for the period | 9904 | €348 | €46,015 | +€45,666 | +13,111% |
| Profit (loss) for the period to be appropriated | 9905 | €348 | €46,015 | +€45,666 | +13,111% |
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 17 October 2026 via checked.be.