Vigotec Engineered Plastics: 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.
Vigotec Engineered Plastics
Largest movements
- Receivables within one year -€140,050
down €140,050 (-37.0%), from €378,496 to €238,446
of which Trade receivables: -€177,989
- Tangible fixed assets -€33,651
down €33,651 (-30.1%), from €111,700 to €78,049
of which Leasing and similar rights: -€39,187
- Cash +€27,716
up €27,716 (+94.5%), from €29,329 to €57,045
mainly Receivables within one year (+€140,050) and Depreciation (+€115,303)
- Stocks and contracts -€20,517
down €20,517 (-4.8%), from €428,992 to €408,475
- Profit (loss) carried forward -€190,948
down €190,948 (-32.5%), from €587,796 to €396,848
- Short-term financial debts +€63,227
up €63,227 (+249%), from €25,427 to €88,653
- Tax, wage and social debts -€27,592
down €27,592 (-42.2%), from €65,455 to €37,863
of which Taxes: -€32,710
- Trade debts -€24,534
down €24,534 (-12.5%), from €196,594 to €172,061
- Gross operating margin -€144,164
down €144,164 (-32.4%), from €445,340 to €301,177
- Staff costs +€63,547
up €63,547 (+21.0%), from €301,908 to €365,454
- Financial charges -€15,448
down €15,448 (-63.2%), from €24,427 to €8,979
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 | €1,217,577 | €1,042,426 | -€175,151 | -14.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €380,594 | €338,291 | -€42,303 | -11.1% |
| Intangible fixed assets | 21 | €265,164 | €256,512 | -€8,652 | -3.3% |
| Tangible fixed assets | 22/27 | €111,700 | €78,049 | -€33,651 | -30.1% |
| Plant, machinery and equipment | 23 | €24,430 | €29,966 | +€5,536 | +22.7% |
| Leasing and similar rights | 25 | €87,270 | €48,083 | -€39,187 | -44.9% |
| Financial fixed assets | 28 | €3,730 | €3,730 | = | 0.0% |
| Current assets | 29/58 | €836,983 | €704,135 | -€132,847 | -15.9% |
| Stocks and contracts in progress | 3 | €428,992 | €408,475 | -€20,517 | -4.8% |
| Stocks | 30/36 | €428,992 | €408,475 | -€20,517 | -4.8% |
| Amounts receivable within one year | 40/41 | €378,496 | €238,446 | -€140,050 | -37.0% |
| Trade receivables | 40 | €305,112 | €127,123 | -€177,989 | -58.3% |
| Other amounts receivable | 41 | €73,383 | €111,323 | +€37,940 | +51.7% |
| Cash at bank and in hand | 54/58 | €29,329 | €57,045 | +€27,716 | +94.5% |
| Deferred charges and accrued income | 490/1 | €166 | €169 | +€3 | +1.9% |
| Total equity and liabilities | 10/49 | €1,217,577 | €1,042,426 | -€175,151 | -14.4% |
| Equity | 10/15 | €837,461 | €646,513 | -€190,948 | -22.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €99,665 | €99,665 | = | 0.0% |
| Distributable reserves | 133 | €99,665 | €99,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €587,796 | €396,848 | -€190,948 | -32.5% |
| Amounts payable | 17/49 | €380,116 | €395,913 | +€15,797 | +4.2% |
| Amounts payable after more than one year | 17 | €49,759 | €51,266 | +€1,507 | +3.0% |
| Financial debts | 170/4 | €49,759 | €51,266 | +€1,507 | +3.0% |
| Amounts payable within one year | 42/48 | €330,357 | €344,647 | +€14,290 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €39,159 | €42,332 | +€3,172 | +8.1% |
| Financial debts | 43 | €25,427 | €88,653 | +€63,227 | +249% |
| Credit institutions | 430/8 | €25,427 | €88,653 | +€63,227 | +249% |
| Trade debts | 44 | €196,594 | €172,061 | -€24,534 | -12.5% |
| Suppliers | 440/4 | €196,594 | €172,061 | -€24,534 | -12.5% |
| Taxes, remuneration and social security | 45 | €65,455 | €37,863 | -€27,592 | -42.2% |
| Taxes | 450/3 | €39,600 | €6,890 | -€32,710 | -82.6% |
| Remuneration and social security | 454/9 | €25,855 | €30,974 | +€5,119 | +19.8% |
| Other amounts payable | 47/48 | €3,722 | €3,738 | +€16 | +0.4% |
| Non-recurring operating income | 76A | €21,072 | €25,546 | +€4,474 | +21.2% |
| Remuneration, social security and pensions | 62 | €301,908 | €365,454 | +€63,547 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,735 | €115,303 | +€568 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,722 | +€1,722 | |
| Other operating charges | 640/8 | €1,343 | €1,375 | +€33 | +2.5% |
| Gross operating margin | 9900 | €445,340 | €301,177 | -€144,164 | -32.4% |
| Operating profit (loss) | 9901 | €27,355 | -€182,679 | -€210,033 | |
| Financial income | 75/76B | €4,503 | €1,565 | -€2,938 | -65.3% |
| Recurring financial income | 75 | €4,503 | €1,565 | -€2,938 | -65.3% |
| Financial charges | 65/66B | €24,427 | €8,979 | -€15,448 | -63.2% |
| Recurring financial charges | 65 | €24,427 | €8,979 | -€15,448 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €7,431 | -€190,093 | -€197,524 | |
| Income taxes | 67/77 | €4,269 | €854 | -€3,414 | -80.0% |
| Profit (loss) for the period | 9904 | €3,162 | -€190,948 | -€194,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,162 | -€190,948 | -€194,110 |
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.