VICTOR CLEAN: 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.
VICTOR CLEAN
Largest movements
- Tangible fixed assets -€5,083
down €5,083 (-31.9%), from €15,920 to €10,837
of which Furniture and vehicles: -€4,500
- Receivables within one year -€1,440
down €1,440 (-32.3%), from €4,453 to €3,013
of which Trade receivables: -€1,119
- Cash +€889
up €889 (+144.6%), from €615 to €1,504
mainly Depreciation (+€5,083) and Receivables within one year (+€1,440)
- Debts after one year -€4,062
down €4,062 (-35.8%), from €11,350 to €7,288
- Trade debts -€1,352
down €1,352 (-46.7%), from €2,897 to €1,545
- Tax, wage and social debts +€1,326
up €1,326 (+1841.7%), from €72 to €1,398
- Other debts -€719
down €719 (-46.6%), from €1,543 to €824
- Profit (loss) carried forward -€587
down €587 (-49.9%), from -€1,176 to -€1,763
- Gross operating margin +€2,184
up €2,184 (+27.6%), from €7,901 to €10,085
- Depreciation +€1,253
up €1,253 (+32.7%), from €3,830 to €5,083
- Staff costs -€1,086
down €1,086 (-25.6%), from €4,243 to €3,157
- Taxes +€962
new in 2025: €962
- Other operating charges +€504
up €504 (+338.3%), from €149 to €653
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 | €20,988 | €15,354 | -€5,634 | -26.8% |
| Fixed assets | 21/28 | €15,920 | €10,837 | -€5,083 | -31.9% |
| Tangible fixed assets | 22/27 | €15,920 | €10,837 | -€5,083 | -31.9% |
| Plant, machinery and equipment | 23 | €1,310 | €727 | -€583 | -44.5% |
| Furniture and vehicles | 24 | €14,610 | €10,110 | -€4,500 | -30.8% |
| Current assets | 29/58 | €5,068 | €4,517 | -€551 | -10.9% |
| Amounts receivable within one year | 40/41 | €4,453 | €3,013 | -€1,440 | -32.3% |
| Trade receivables | 40 | €3,852 | €2,733 | -€1,119 | -29.0% |
| Other amounts receivable | 41 | €601 | €280 | -€321 | -53.4% |
| Cash at bank and in hand | 54/58 | €615 | €1,504 | +€889 | +144.6% |
| Total equity and liabilities | 10/49 | €20,988 | €15,354 | -€5,634 | -26.8% |
| Equity | 10/15 | €824 | €237 | -€587 | -71.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,176 | -€1,763 | -€587 | -49.9% |
| Amounts payable | 17/49 | €20,164 | €15,117 | -€5,047 | -25.0% |
| Amounts payable after more than one year | 17 | €11,350 | €7,288 | -€4,062 | -35.8% |
| Financial debts | 170/4 | €11,350 | €7,288 | -€4,062 | -35.8% |
| Amounts payable within one year | 42/48 | €8,814 | €7,829 | -€985 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €3,844 | €4,062 | +€218 | +5.7% |
| Financial debts | 43 | €458 | - | -€458 | |
| Credit institutions | 430/8 | €458 | - | -€458 | |
| Trade debts | 44 | €2,897 | €1,545 | -€1,352 | -46.7% |
| Suppliers | 440/4 | €2,897 | €1,545 | -€1,352 | -46.7% |
| Taxes, remuneration and social security | 45 | €72 | €1,398 | +€1,326 | +1841.7% |
| Taxes | 450/3 | €72 | €1,398 | +€1,326 | +1841.7% |
| Other amounts payable | 47/48 | €1,543 | €824 | -€719 | -46.6% |
| Remuneration, social security and pensions | 62 | €4,243 | €3,157 | -€1,086 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,830 | €5,083 | +€1,253 | +32.7% |
| Other operating charges | 640/8 | €149 | €653 | +€504 | +338.3% |
| Gross operating margin | 9900 | €7,901 | €10,085 | +€2,184 | +27.6% |
| Operating profit (loss) | 9901 | -€321 | €1,192 | +€1,513 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €855 | €819 | -€36 | -4.2% |
| Recurring financial charges | 65 | €855 | €819 | -€36 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,176 | €375 | +€1,551 | |
| Income taxes | 67/77 | - | €962 | +€962 | |
| Profit (loss) for the period | 9904 | -€1,176 | -€587 | +€589 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,176 | -€587 | +€589 | +50.1% |
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 9 October 2026 via checked.be.