VIFECLO: 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.
VIFECLO
Largest movements
- Cash +€42,602
up €42,602 (+11.9%), from €358,851 to €401,453
mainly Other debts (+€281,407) and Net result for the year (+€94,099)
- Receivables within one year +€33,418
up €33,418 (+68.1%), from €49,050 to €82,468
of which Other amounts receivable: +€25,725
- Tangible fixed assets -€9,452
down €9,452 (-14.5%), from €65,321 to €55,869
of which Furniture and vehicles: -€11,129
- Other debts +€281,407
up €281,407 (+3,275%), from €8,593 to €290,000
- Profit (loss) carried forward -€239,401
down €239,401 (-65.8%), from €364,048 to €124,648
- Tax, wage and social debts +€32,139
up €32,139 (+56.1%), from €57,339 to €89,477
of which Taxes: +€32,181
- Debts after one year -€7,782
down €7,782 (-23.9%), from €32,508 to €24,725
- Depreciation +€9,818
up €9,818 (+164%), from €5,973 to €15,791
- Gross operating margin -€5,715
down €5,715 (-4.0%), from €143,100 to €137,386
- Taxes -€3,739
down €3,739 (-12.9%), from €29,088 to €25,349
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 | €477,821 | €541,366 | +€63,545 | +13.3% |
| Fixed assets | 21/28 | €65,321 | €55,869 | -€9,452 | -14.5% |
| Tangible fixed assets | 22/27 | €65,321 | €55,869 | -€9,452 | -14.5% |
| Plant, machinery and equipment | 23 | €15,532 | €17,208 | +€1,677 | +10.8% |
| Furniture and vehicles | 24 | €49,789 | €38,660 | -€11,129 | -22.4% |
| Current assets | 29/58 | €412,501 | €485,497 | +€72,997 | +17.7% |
| Amounts receivable within one year | 40/41 | €49,050 | €82,468 | +€33,418 | +68.1% |
| Trade receivables | 40 | €48,969 | €56,662 | +€7,693 | +15.7% |
| Other amounts receivable | 41 | €81 | €25,806 | +€25,725 | +31,846% |
| Cash at bank and in hand | 54/58 | €358,851 | €401,453 | +€42,602 | +11.9% |
| Deferred charges and accrued income | 490/1 | €4,601 | €1,577 | -€3,024 | -65.7% |
| Total equity and liabilities | 10/49 | €477,821 | €541,366 | +€63,545 | +13.3% |
| Equity | 10/15 | €366,048 | €126,648 | -€239,401 | -65.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €364,048 | €124,648 | -€239,401 | -65.8% |
| Amounts payable | 17/49 | €111,773 | €414,719 | +€302,946 | +271% |
| Amounts payable after more than one year | 17 | €32,508 | €24,725 | -€7,782 | -23.9% |
| Financial debts | 170/4 | €32,508 | €24,725 | -€7,782 | -23.9% |
| Amounts payable within one year | 42/48 | €79,265 | €389,993 | +€310,728 | +392% |
| Current portion of amounts payable after more than one year | 42 | €7,565 | €7,782 | +€217 | +2.9% |
| Trade debts | 44 | €5,768 | €2,733 | -€3,035 | -52.6% |
| Suppliers | 440/4 | €5,768 | €2,733 | -€3,035 | -52.6% |
| Taxes, remuneration and social security | 45 | €57,339 | €89,477 | +€32,139 | +56.1% |
| Taxes | 450/3 | €57,296 | €89,477 | +€32,181 | +56.2% |
| Remuneration and social security | 454/9 | €43 | €0 | -€43 | -100% |
| Other amounts payable | 47/48 | €8,593 | €290,000 | +€281,407 | +3,275% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,973 | €15,791 | +€9,818 | +164% |
| Other operating charges | 640/8 | €1,826 | €985 | -€841 | -46.1% |
| Gross operating margin | 9900 | €143,100 | €137,386 | -€5,715 | -4.0% |
| Operating profit (loss) | 9901 | €135,301 | €120,610 | -€14,691 | -10.9% |
| Financial income | 75/76B | - | €384 | +€384 | |
| Recurring financial income | 75 | - | €384 | +€384 | |
| Financial charges | 65/66B | €1,346 | €1,545 | +€199 | +14.8% |
| Recurring financial charges | 65 | €1,346 | €1,545 | +€199 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €133,955 | €119,449 | -€14,507 | -10.8% |
| Income taxes | 67/77 | €29,088 | €25,349 | -€3,739 | -12.9% |
| Profit (loss) for the period | 9904 | €104,867 | €94,099 | -€10,768 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,867 | €94,099 | -€10,768 | -10.3% |
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 20 October 2026 via checked.be.