VIDELCO: 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.
VIDELCO
Largest movements
- Tangible fixed assets -€39,594
down €39,594 (-11.6%), from €340,127 to €300,533
- Cash +€21,361
up €21,361 (+173.8%), from €12,289 to €33,650
mainly Depreciation (+€40,376) and Current investments (+€14,799)
- Current investments -€14,799
down €14,799 (-9.6%), from €153,462 to €138,663
- Reserves -€21,347
down €21,347 (-4.1%), from €524,562 to €503,215
of which Distributable reserves: -€21,347
- Debts after one year -€8,629
down €8,629 (-4.0%), from €217,527 to €208,898
of which Financial debts: -€8,629
- Depreciation +€6,543
up €6,543 (+19.3%), from €33,833 to €40,376
- Gross operating margin +€5,422
up €5,422 (+23.7%), from €22,904 to €28,325
- Financial charges +€3,200
up €3,200 (+82.4%), from €3,884 to €7,084
- Other operating charges -€687
down €687 (-22.8%), from €3,016 to €2,330
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 | €816,824 | €784,638 | -€32,186 | -3.9% |
| Fixed assets | 21/28 | €349,527 | €309,933 | -€39,594 | -11.3% |
| Tangible fixed assets | 22/27 | €340,127 | €300,533 | -€39,594 | -11.6% |
| Land and buildings | 22 | €268,202 | €249,638 | -€18,564 | -6.9% |
| Plant, machinery and equipment | 23 | €3,793 | €306 | -€3,487 | -91.9% |
| Furniture and vehicles | 24 | €68,132 | €50,589 | -€17,542 | -25.7% |
| Financial fixed assets | 28 | €9,400 | €9,400 | = | 0.0% |
| Current assets | 29/58 | €467,297 | €474,705 | +€7,408 | +1.6% |
| Amounts receivable within one year | 40/41 | €299,596 | €300,028 | +€432 | +0.1% |
| Trade receivables | 40 | €2,166 | €2,646 | +€480 | +22.2% |
| Other amounts receivable | 41 | €297,430 | €297,382 | -€48 | 0.0% |
| Current investments | 50/53 | €153,462 | €138,663 | -€14,799 | -9.6% |
| Cash at bank and in hand | 54/58 | €12,289 | €33,650 | +€21,361 | +173.8% |
| Deferred charges and accrued income | 490/1 | €1,950 | €2,364 | +€414 | +21.2% |
| Total equity and liabilities | 10/49 | €816,824 | €784,638 | -€32,186 | -3.9% |
| Equity | 10/15 | €543,162 | €521,815 | -€21,347 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €524,562 | €503,215 | -€21,347 | -4.1% |
| Tax-exempt reserves | 132 | €74,250 | €74,250 | = | 0.0% |
| Distributable reserves | 133 | €450,312 | €428,965 | -€21,347 | -4.7% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €263,661 | €252,823 | -€10,839 | -4.1% |
| Amounts payable after more than one year | 17 | €217,527 | €208,898 | -€8,629 | -4.0% |
| Financial debts | 170/4 | €117,527 | €108,898 | -€8,629 | -7.3% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,134 | €43,925 | -€2,210 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €8,437 | €8,629 | +€192 | +2.3% |
| Trade debts | 44 | €1,510 | €1,150 | -€360 | -23.8% |
| Suppliers | 440/4 | €1,510 | €1,150 | -€360 | -23.8% |
| Taxes, remuneration and social security | 45 | €4,023 | €4,307 | +€284 | +7.1% |
| Taxes | 450/3 | €1,367 | €1,617 | +€250 | +18.3% |
| Remuneration and social security | 454/9 | €2,656 | €2,690 | +€34 | +1.3% |
| Other amounts payable | 47/48 | €32,164 | €29,838 | -€2,326 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,833 | €40,376 | +€6,543 | +19.3% |
| Other operating charges | 640/8 | €3,016 | €2,330 | -€687 | -22.8% |
| Gross operating margin | 9900 | €22,904 | €28,325 | +€5,422 | +23.7% |
| Operating profit (loss) | 9901 | -€13,945 | -€14,380 | -€435 | -3.1% |
| Financial income | 75/76B | €538 | €422 | -€116 | -21.5% |
| Recurring financial income | 75 | €538 | €422 | -€116 | -21.5% |
| Financial charges | 65/66B | €3,884 | €7,084 | +€3,200 | +82.4% |
| Recurring financial charges | 65 | €3,884 | €7,084 | +€3,200 | +82.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,291 | -€21,042 | -€3,751 | -21.7% |
| Income taxes | 67/77 | €257 | €305 | +€48 | +18.8% |
| Profit (loss) for the period | 9904 | -€17,548 | -€21,347 | -€3,799 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,548 | -€21,347 | -€3,799 | -21.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.