VIGIL: 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.
VIGIL
Largest movements
- Tangible fixed assets -€66,185
down €66,185 (-2.8%), from €2.4m to €2.3m
of which Land and buildings: -€65,585
- Cash +€65,041
up €65,041 (+627.0%), from €10,374 to €75,416
mainly Depreciation (+€87,321) and Net result for the year (+€6,476)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€42,387
up €42,387 (+63.0%), from €67,301 to €109,688
- Depreciation +€16,666
up €16,666 (+23.6%), from €70,655 to €87,321
- Financial charges +€4,254
up €4,254 (+58.1%), from €7,319 to €11,573
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 | €2,625,338 | €2,629,283 | +€3,945 | +0.2% |
| Fixed assets | 21/28 | €2,394,972 | €2,330,506 | -€64,466 | -2.7% |
| Tangible fixed assets | 22/27 | €2,388,133 | €2,321,948 | -€66,185 | -2.8% |
| Land and buildings | 22 | €2,385,340 | €2,319,755 | -€65,585 | -2.7% |
| Furniture and vehicles | 24 | €2,793 | €2,193 | -€600 | -21.5% |
| Financial fixed assets | 28 | €6,838 | €8,557 | +€1,719 | +25.1% |
| Current assets | 29/58 | €230,366 | €298,777 | +€68,411 | +29.7% |
| Amounts receivable within one year | 40/41 | €131,498 | €133,467 | +€1,969 | +1.5% |
| Trade receivables | 40 | €8,914 | €11,464 | +€2,549 | +28.6% |
| Other amounts receivable | 41 | €122,584 | €122,003 | -€581 | -0.5% |
| Current investments | 50/53 | €77,240 | €77,240 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,374 | €75,416 | +€65,041 | +627.0% |
| Deferred charges and accrued income | 490/1 | €11,254 | €12,654 | +€1,401 | +12.4% |
| Total equity and liabilities | 10/49 | €2,625,338 | €2,629,283 | +€3,945 | +0.2% |
| Equity | 10/15 | €457,997 | €464,473 | +€6,476 | +1.4% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €1,252 | €1,252 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,252 | €1,252 | = | 0.0% |
| Legal reserve | 130 | €1,252 | €1,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,255 | -€136,779 | +€6,476 | +4.5% |
| Amounts payable | 17/49 | €2,167,341 | €2,164,810 | -€2,531 | -0.1% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Financial debts | 170/4 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,816,466 | €1,814,810 | -€1,656 | -0.1% |
| Trade debts | 44 | €967 | €0 | -€967 | -100.0% |
| Suppliers | 440/4 | €967 | €0 | -€967 | -100.0% |
| Other amounts payable | 47/48 | €1,815,499 | €1,814,810 | -€689 | 0.0% |
| Accrued charges and deferred income | 492/3 | €875 | €0 | -€875 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,655 | €87,321 | +€16,666 | +23.6% |
| Other operating charges | 640/8 | €9,591 | €9,189 | -€402 | -4.2% |
| Gross operating margin | 9900 | €67,301 | €109,688 | +€42,387 | +63.0% |
| Operating profit (loss) | 9901 | -€12,946 | €13,177 | +€26,123 | |
| Financial income | 75/76B | €4,717 | €4,872 | +€155 | +3.3% |
| Recurring financial income | 75 | €4,717 | €4,872 | +€155 | +3.3% |
| Financial charges | 65/66B | €7,319 | €11,573 | +€4,254 | +58.1% |
| Recurring financial charges | 65 | €7,319 | €11,573 | +€4,254 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,547 | €6,476 | +€22,023 | |
| Profit (loss) for the period | 9904 | -€15,547 | €6,476 | +€22,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,547 | €6,476 | +€22,023 |
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 3 October 2026 via checked.be.