VILOCA: 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.
VILOCA
Largest movements
- Financial fixed assets +€1.5m
up €1.5m (+148300.0%), from €1,000 to €1.5m
- Tangible fixed assets -€71,507
down €71,507 (-5.5%), from €1.3m to €1.2m
of which Land and buildings: -€57,649
- Receivables within one year +€43,937
up €43,937 (+79.6%), from €55,176 to €99,113
of which Other amounts receivable: +€85,708
- Cash +€38,367
up €38,367 (+211.7%), from €18,121 to €56,488
mainly Contributions, distributions and other (+€1.7m) and Depreciation (+€73,889)
- Contributions +€1.7m
up €1.7m (+8978.5%), from €18,600 to €1.7m
- Profit (loss) carried forward -€133,966
down €133,966 (-80.1%), from €167,290 to €33,323
- Debts after one year -€81,494
down €81,494 (-9.5%), from €860,780 to €779,286
- Other debts +€52,694
up €52,694 (+125.7%), from €41,910 to €94,604
- Gross operating margin -€141,469
down €141,469, from €105,426 to -€36,044
- Depreciation -€6,346
down €6,346 (-7.9%), from €80,234 to €73,889
- Staff costs -€3,544
down €3,544 (-33.3%), from €10,649 to €7,106
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 | €1,391,899 | €2,880,014 | +€1.5m | +106.9% |
| Fixed assets | 21/28 | €1,303,073 | €2,714,565 | +€1.4m | +108.3% |
| Tangible fixed assets | 22/27 | €1,302,073 | €1,230,565 | -€71,507 | -5.5% |
| Land and buildings | 22 | €1,275,660 | €1,218,011 | -€57,649 | -4.5% |
| Plant, machinery and equipment | 23 | €379 | €183 | -€196 | -51.7% |
| Furniture and vehicles | 24 | €26,033 | €12,371 | -€13,662 | -52.5% |
| Financial fixed assets | 28 | €1,000 | €1,484,000 | +€1.5m | +148300.0% |
| Current assets | 29/58 | €88,826 | €165,449 | +€76,622 | +86.3% |
| Amounts receivable within one year | 40/41 | €55,176 | €99,113 | +€43,937 | +79.6% |
| Trade receivables | 40 | €55,176 | €13,406 | -€41,770 | -75.7% |
| Other amounts receivable | 41 | €0 | €85,708 | +€85,708 | |
| Cash at bank and in hand | 54/58 | €18,121 | €56,488 | +€38,367 | +211.7% |
| Deferred charges and accrued income | 490/1 | €15,530 | €9,848 | -€5,682 | -36.6% |
| Total equity and liabilities | 10/49 | €1,391,899 | €2,880,014 | +€1.5m | +106.9% |
| Equity | 10/15 | €375,890 | €1,911,923 | +€1.5m | +408.6% |
| Contributions | 10/11 | €18,600 | €1,688,600 | +€1.7m | +8978.5% |
| Reserves | 13 | €190,000 | €190,000 | = | 0.0% |
| Distributable reserves | 133 | €190,000 | €190,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,290 | €33,323 | -€133,966 | -80.1% |
| Amounts payable | 17/49 | €1,016,009 | €968,091 | -€47,918 | -4.7% |
| Amounts payable after more than one year | 17 | €860,780 | €779,286 | -€81,494 | -9.5% |
| Financial debts | 170/4 | €860,780 | €779,286 | -€81,494 | -9.5% |
| Amounts payable within one year | 42/48 | €155,229 | €188,805 | +€33,576 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €80,672 | €81,494 | +€822 | +1.0% |
| Financial debts | 43 | €264 | €0 | -€264 | -100.0% |
| Credit institutions | 430/8 | €264 | €0 | -€264 | -100.0% |
| Trade debts | 44 | €15,584 | €11,927 | -€3,657 | -23.5% |
| Suppliers | 440/4 | €15,584 | €11,927 | -€3,657 | -23.5% |
| Taxes, remuneration and social security | 45 | €16,799 | €780 | -€16,019 | -95.4% |
| Taxes | 450/3 | €15,063 | €235 | -€14,828 | -98.4% |
| Remuneration and social security | 454/9 | €1,736 | €545 | -€1,191 | -68.6% |
| Other amounts payable | 47/48 | €41,910 | €94,604 | +€52,694 | +125.7% |
| Remuneration, social security and pensions | 62 | €10,649 | €7,106 | -€3,544 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,234 | €73,889 | -€6,346 | -7.9% |
| Other operating charges | 640/8 | €6,714 | €6,820 | +€106 | +1.6% |
| Gross operating margin | 9900 | €105,426 | -€36,044 | -€141,469 | |
| Operating profit (loss) | 9901 | €7,828 | -€123,858 | -€131,686 | |
| Financial income | 75/76B | €0 | €68 | +€68 | |
| Recurring financial income | 75 | €0 | €68 | +€68 | |
| Financial charges | 65/66B | €10,472 | €9,938 | -€534 | -5.1% |
| Recurring financial charges | 65 | €10,472 | €9,938 | -€534 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,644 | -€133,729 | -€131,085 | -4958.1% |
| Income taxes | 67/77 | €428 | €176 | -€252 | -58.9% |
| Profit (loss) for the period | 9904 | -€3,072 | -€133,905 | -€130,833 | -4258.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,072 | -€133,905 | -€130,833 | -4258.5% |
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 2 October 2026 via checked.be.