Vicus: what changed
Two fiscal 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.
Vicus
Largest movements
- Cash -€17,815
down €17,815 (-64.6%), from €27,580 to €9,765
mainly Debts after one year (-€37,947) and Investment in fixed assets (net) (-€17,975)
- Tangible fixed assets -€12,643
down €12,643 (-6.7%), from €188,610 to €175,966
of which Other tangible fixed assets: -€12,677
- Receivables within one year -€9,091
down €9,091 (-80.1%), from €11,345 to €2,254
- Debts after one year -€37,947
down €37,947 (-27.1%), from €140,107 to €102,159
- Gross operating margin -€10,501
down €10,501 (-23.8%), from €44,066 to €33,565
- Depreciation -€1,492
down €1,492 (-4.6%), from €32,110 to €30,618
- Other operating charges -€587
down €587 (-37.7%), from €1,558 to €971
- Financial income +€472
new in 2025: €472
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 | €229,482 | €190,033 | -€39,449 | -17.2% |
| Fixed assets | 21/28 | €188,610 | €175,966 | -€12,643 | -6.7% |
| Tangible fixed assets | 22/27 | €188,610 | €175,966 | -€12,643 | -6.7% |
| Plant, machinery and equipment | 23 | €3,487 | €2,662 | -€825 | -23.7% |
| Furniture and vehicles | 24 | €15,403 | €16,261 | +€858 | +5.6% |
| Other tangible fixed assets | 26 | €169,720 | €157,043 | -€12,677 | -7.5% |
| Current assets | 29/58 | €40,872 | €14,067 | -€26,805 | -65.6% |
| Amounts receivable within one year | 40/41 | €11,345 | €2,254 | -€9,091 | -80.1% |
| Trade receivables | 40 | €11,345 | €2,254 | -€9,091 | -80.1% |
| Cash at bank and in hand | 54/58 | €27,580 | €9,765 | -€17,815 | -64.6% |
| Deferred charges and accrued income | 490/1 | €1,947 | €2,048 | +€101 | +5.2% |
| Total equity and liabilities | 10/49 | €229,482 | €190,033 | -€39,449 | -17.2% |
| Equity | 10/15 | €66,654 | €68,595 | +€1,941 | +2.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,654 | €43,595 | +€1,941 | +4.7% |
| Amounts payable | 17/49 | €162,828 | €121,438 | -€41,390 | -25.4% |
| Amounts payable after more than one year | 17 | €140,107 | €102,159 | -€37,947 | -27.1% |
| Financial debts | 170/4 | €140,107 | €102,159 | -€37,947 | -27.1% |
| Amounts payable within one year | 42/48 | €5,184 | €3,279 | -€1,905 | -36.8% |
| Trade debts | 44 | €3,851 | €3,175 | -€676 | -17.6% |
| Suppliers | 440/4 | €3,851 | €3,175 | -€676 | -17.6% |
| Taxes, remuneration and social security | 45 | €1,333 | €104 | -€1,229 | -92.2% |
| Taxes | 450/3 | €1,333 | €104 | -€1,229 | -92.2% |
| Accrued charges and deferred income | 492/3 | €17,537 | €16,000 | -€1,537 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,110 | €30,618 | -€1,492 | -4.6% |
| Other operating charges | 640/8 | €1,558 | €971 | -€587 | -37.7% |
| Gross operating margin | 9900 | €44,066 | €33,565 | -€10,501 | -23.8% |
| Operating profit (loss) | 9901 | €10,397 | €1,976 | -€8,422 | -81.0% |
| Financial income | 75/76B | - | €472 | +€472 | |
| Recurring financial income | 75 | - | €472 | +€472 | |
| Financial charges | 65/66B | €574 | €226 | -€348 | -60.7% |
| Recurring financial charges | 65 | €574 | €226 | -€348 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | €9,823 | €2,222 | -€7,601 | -77.4% |
| Income taxes | 67/77 | €165 | €281 | +€116 | +70.6% |
| Profit (loss) for the period | 9904 | €9,659 | €1,941 | -€7,717 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,659 | €1,941 | -€7,717 | -79.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.