Vicus Vastgoed: 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.
Vicus Vastgoed
Largest movements
- Receivables within one year -€79,182
down €79,182 (-62.6%), from €126,426 to €47,244
of which Other amounts receivable: -€64,540
- Cash -€16,445
down €16,445 (-6.7%), from €245,825 to €229,380
mainly Advances received (-€137,376) and Short-term financial debts (-€100,000)
- Tangible fixed assets -€4,476
down €4,476 (-43.2%), from €10,371 to €5,895
of which Plant, machinery and equipment: -€2,910
- Financial fixed assets +€4,354
up €4,354 (+227%), from €1,916 to €6,270
- Trade debts +€142,570
up €142,570 (+146%), from €97,793 to €240,363
- Advances received -€137,376
down €137,376 (-99.5%), from €138,119 to €743
- Short-term financial debts -€100,000
no longer reported in 2025 (was €100,000)
- Gross operating margin -€6,353
down €6,353 (-11.1%), from €57,244 to €50,891
- Financial charges -€3,591
down €3,591 (-52.9%), from €6,783 to €3,192
- Other operating charges +€3,137
up €3,137 (+308%), from €1,018 to €4,154
- Staff costs -€1,270
down €1,270 (-3.6%), from €35,194 to €33,925
- Taxes -€1,113
down €1,113 (-22.3%), from €5,000 to €3,887
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 | €384,539 | €288,789 | -€95,749 | -24.9% |
| Fixed assets | 21/28 | €12,287 | €12,165 | -€123 | -1.0% |
| Tangible fixed assets | 22/27 | €10,371 | €5,895 | -€4,476 | -43.2% |
| Plant, machinery and equipment | 23 | €4,859 | €1,950 | -€2,910 | -59.9% |
| Furniture and vehicles | 24 | €5,512 | €3,945 | -€1,567 | -28.4% |
| Financial fixed assets | 28 | €1,916 | €6,270 | +€4,354 | +227% |
| Current assets | 29/58 | €372,251 | €276,624 | -€95,627 | -25.7% |
| Amounts receivable within one year | 40/41 | €126,426 | €47,244 | -€79,182 | -62.6% |
| Trade receivables | 40 | €61,886 | €47,244 | -€14,642 | -23.7% |
| Other amounts receivable | 41 | €64,540 | - | -€64,540 | |
| Cash at bank and in hand | 54/58 | €245,825 | €229,380 | -€16,445 | -6.7% |
| Total equity and liabilities | 10/49 | €384,539 | €288,789 | -€95,749 | -24.9% |
| Equity | 10/15 | €36,738 | €38,042 | +€1,304 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,278 | €17,582 | +€1,304 | +8.0% |
| Amounts payable | 17/49 | €347,800 | €250,747 | -€97,053 | -27.9% |
| Amounts payable within one year | 42/48 | €347,800 | €250,747 | -€97,053 | -27.9% |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €97,793 | €240,363 | +€142,570 | +146% |
| Suppliers | 440/4 | €97,793 | €240,363 | +€142,570 | +146% |
| Advances received on contracts in progress | 46 | €138,119 | €743 | -€137,376 | -99.5% |
| Taxes, remuneration and social security | 45 | €11,888 | €9,641 | -€2,247 | -18.9% |
| Taxes | 450/3 | €3,000 | €5,447 | +€2,448 | +81.6% |
| Remuneration and social security | 454/9 | €8,889 | €4,194 | -€4,695 | -52.8% |
| Remuneration, social security and pensions | 62 | €35,194 | €33,925 | -€1,270 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,476 | €4,476 | = | 0.0% |
| Other operating charges | 640/8 | €1,018 | €4,154 | +€3,137 | +308% |
| Gross operating margin | 9900 | €57,244 | €50,891 | -€6,353 | -11.1% |
| Operating profit (loss) | 9901 | €16,556 | €8,335 | -€8,220 | -49.7% |
| Financial income | 75/76B | €97 | €48 | -€49 | -50.7% |
| Recurring financial income | 75 | €97 | €48 | -€49 | -50.7% |
| Financial charges | 65/66B | €6,783 | €3,192 | -€3,591 | -52.9% |
| Recurring financial charges | 65 | €6,783 | €3,192 | -€3,591 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | €9,869 | €5,191 | -€4,678 | -47.4% |
| Income taxes | 67/77 | €5,000 | €3,887 | -€1,113 | -22.3% |
| Profit (loss) for the period | 9904 | €4,869 | €1,304 | -€3,566 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,869 | €1,304 | -€3,566 | -73.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.