VIICOO: 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.
VIICOO
Largest movements
- Cash +€17,207
up €17,207 (+87.7%), from €19,612 to €36,819
mainly Receivables within one year (+€16,630) and Tax, wage and social debts (+€14,612)
- Receivables within one year -€16,630
down €16,630 (-20.6%), from €80,746 to €64,116
of which Other amounts receivable: -€14,195
- Tangible fixed assets -€9,351
down €9,351 (-50.0%), from €18,703 to €9,351
- Tax, wage and social debts +€14,612
up €14,612 (+1,950%), from €749 to €15,361
- Reserves -€9,122
down €9,122 (-73.4%), from €12,422 to €3,300
of which Distributable reserves: -€9,122
- Profit (loss) carried forward -€6,550
new in 2025: -€6,550
- Trade debts -€6,308
down €6,308 (-11.1%), from €57,077 to €50,769
- Gross operating margin -€28,484
down €28,484 (-77.8%), from €36,635 to €8,151
- Financial income -€20,420
down €20,420 (-94.2%), from €21,671 to €1,251
- Taxes +€13,862
up €13,862 (+1,850%), from €749 to €14,612
- Other operating charges -€1,761
down €1,761 (-63.0%), from €2,795 to €1,034
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 | €119,575 | €111,481 | -€8,094 | -6.8% |
| Fixed assets | 21/28 | €18,703 | €9,351 | -€9,351 | -50.0% |
| Tangible fixed assets | 22/27 | €18,703 | €9,351 | -€9,351 | -50.0% |
| Furniture and vehicles | 24 | €18,703 | €9,351 | -€9,351 | -50.0% |
| Current assets | 29/58 | €100,872 | €102,130 | +€1,257 | +1.2% |
| Amounts receivable within one year | 40/41 | €80,746 | €64,116 | -€16,630 | -20.6% |
| Trade receivables | 40 | €41,582 | €39,147 | -€2,435 | -5.9% |
| Other amounts receivable | 41 | €39,165 | €24,970 | -€14,195 | -36.2% |
| Cash at bank and in hand | 54/58 | €19,612 | €36,819 | +€17,207 | +87.7% |
| Deferred charges and accrued income | 490/1 | €514 | €1,195 | +€680 | +132% |
| Total equity and liabilities | 10/49 | €119,575 | €111,481 | -€8,094 | -6.8% |
| Equity | 10/15 | €45,422 | €29,750 | -€15,672 | -34.5% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €12,422 | €3,300 | -€9,122 | -73.4% |
| Non-distributable reserves | 130/1 | €3,300 | €3,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,300 | €3,300 | = | 0.0% |
| Distributable reserves | 133 | €9,122 | - | -€9,122 | |
| Profit (loss) carried forward | 14 | - | -€6,550 | -€6,550 | |
| Amounts payable | 17/49 | €74,153 | €81,731 | +€7,578 | +10.2% |
| Amounts payable within one year | 42/48 | €74,153 | €81,731 | +€7,578 | +10.2% |
| Trade debts | 44 | €57,077 | €50,769 | -€6,308 | -11.1% |
| Suppliers | 440/4 | €57,077 | €50,769 | -€6,308 | -11.1% |
| Taxes, remuneration and social security | 45 | €749 | €15,361 | +€14,612 | +1,950% |
| Taxes | 450/3 | €749 | €15,361 | +€14,612 | +1,950% |
| Other amounts payable | 47/48 | €16,326 | €15,600 | -€726 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,351 | €9,351 | = | 0.0% |
| Other operating charges | 640/8 | €2,795 | €1,034 | -€1,761 | -63.0% |
| Gross operating margin | 9900 | €36,635 | €8,151 | -€28,484 | -77.8% |
| Operating profit (loss) | 9901 | €24,488 | -€2,234 | -€26,723 | |
| Financial income | 75/76B | €21,671 | €1,251 | -€20,420 | -94.2% |
| Recurring financial income | 75 | €21,671 | €1,251 | -€20,420 | -94.2% |
| Financial charges | 65/66B | €440 | €77 | -€363 | -82.6% |
| Recurring financial charges | 65 | €440 | €77 | -€363 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | €45,719 | -€1,060 | -€46,780 | |
| Income taxes | 67/77 | €749 | €14,612 | +€13,862 | +1,850% |
| Profit (loss) for the period | 9904 | €44,970 | -€15,672 | -€60,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,970 | -€15,672 | -€60,642 |
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 14 October 2026 via checked.be.