VIGICAM: what changed
What changed
VIGICAM
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€16,361
2024 · €8,600+€7,762
Equity
-€13,678
2024 · -€30,040+€16,361
Cash
€7,525
2024 · €5,980+€1,544
Balance sheet total
€28,195
2024 · €22,179+€6,016
Largest movements
Assets
- Receivables within one year +€6,119
up €6,119 (+87.4%), from €7,001 to €13,120
of which Trade receivables: +€6,278
- Cash +€1,544
up €1,544 (+25.8%), from €5,980 to €7,525
mainly Net result for the year (+€16,361) and Depreciation (+€1,260)
- Tangible fixed assets -€1,260
down €1,260 (-17.6%), from €7,145 to €5,885
Equity and liabilities
- Profit (loss) carried forward +€16,361
up €16,361 (+41.9%), from -€39,031 to -€22,670
- Other debts -€8,287
down €8,287 (-32.6%), from €25,440 to €17,154
- Trade debts -€1,467
down €1,467 (-21.7%), from €6,747 to €5,280
- Tax, wage and social debts -€592
down €592 (-3.4%), from €17,316 to €16,725
Income statement
- Gross operating margin +€7,568
up €7,568 (+63.0%), from €12,013 to €19,581
- Other operating charges +€238
up €238 (+17.0%), from €1,399 to €1,637
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,600
Gross operating margin
+€7,568
Depreciation
+€47
Other operating charges
-€238
Other operating items
+€299
Financial income
+€4
Financial charges
+€81
Result 2025
€16,361
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,544
Investment
€0
Financing
€0
Cash 2024
€5,980
From operations (derived)
+€1,544
Net result for the year
+€16,361
Depreciation
+€1,260
Stocks and contracts
+€175
Receivables within one year
-€6,119
Deferred charges and accrued income
+€212
Trade debts
-€1,467
Tax, wage and social debts
-€592
Other debts
-€8,287
Cash 2025
€7,525
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,179 | €28,195 | +€6,016 | +27.1% |
| Fixed assets | 21/28 | €7,145 | €5,885 | -€1,260 | -17.6% |
| Tangible fixed assets | 22/27 | €7,145 | €5,885 | -€1,260 | -17.6% |
| Land and buildings | 22 | €7,145 | €5,885 | -€1,260 | -17.6% |
| Current assets | 29/58 | €15,034 | €22,310 | +€7,276 | +48.4% |
| Stocks and contracts in progress | 3 | €1,840 | €1,665 | -€175 | -9.5% |
| Stocks | 30/36 | €1,840 | €1,665 | -€175 | -9.5% |
| Amounts receivable within one year | 40/41 | €7,001 | €13,120 | +€6,119 | +87.4% |
| Trade receivables | 40 | €5,236 | €11,514 | +€6,278 | +120% |
| Other amounts receivable | 41 | €1,765 | €1,606 | -€160 | -9.0% |
| Cash at bank and in hand | 54/58 | €5,980 | €7,525 | +€1,544 | +25.8% |
| Deferred charges and accrued income | 490/1 | €212 | - | -€212 | |
| Total equity and liabilities | 10/49 | €22,179 | €28,195 | +€6,016 | +27.1% |
| Equity | 10/15 | -€30,040 | -€13,678 | +€16,361 | +54.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €2,794 | €2,794 | = | 0.0% |
| Non-distributable reserves | 130/1 | €149 | €149 | = | 0.0% |
| Reserves not available under the articles | 1311 | €149 | €149 | = | 0.0% |
| Distributable reserves | 133 | €2,645 | €2,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,031 | -€22,670 | +€16,361 | +41.9% |
| Amounts payable | 17/49 | €52,219 | €41,873 | -€10,345 | -19.8% |
| Amounts payable within one year | 42/48 | €52,219 | €41,873 | -€10,345 | -19.8% |
| Trade debts | 44 | €6,747 | €5,280 | -€1,467 | -21.7% |
| Suppliers | 440/4 | €6,747 | €5,280 | -€1,467 | -21.7% |
| Advances received on contracts in progress | 46 | €2,714 | €2,714 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,316 | €16,725 | -€592 | -3.4% |
| Remuneration and social security | 454/9 | €17,316 | €16,725 | -€592 | -3.4% |
| Other amounts payable | 47/48 | €25,440 | €17,154 | -€8,287 | -32.6% |
| Non-recurring operating income | 76A | €7,010 | €0 | -€7,010 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307 | €1,260 | -€47 | -3.6% |
| Other operating charges | 640/8 | €1,399 | €1,637 | +€238 | +17.0% |
| Non-recurring operating charges | 66A | €299 | €0 | -€299 | -100.0% |
| Gross operating margin | 9900 | €12,013 | €19,581 | +€7,568 | +63.0% |
| Operating profit (loss) | 9901 | €9,008 | €16,684 | +€7,676 | +85.2% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €409 | €327 | -€81 | -19.9% |
| Recurring financial charges | 65 | €409 | €327 | -€81 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €8,600 | €16,361 | +€7,762 | +90.3% |
| Profit (loss) for the period | 9904 | €8,600 | €16,361 | +€7,762 | +90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,600 | €16,361 | +€7,762 | +90.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.