VYCTOR: 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.
VYCTOR
Largest movements
- Receivables within one year +€15,684
up €15,684 (+150.6%), from €10,413 to €26,097
of which Other amounts receivable: +€20,472
- Cash -€13,324
down €13,324 (-97.3%), from €13,696 to €372
mainly Receivables within one year (-€15,684) and Contributions, distributions and other (-€10,833)
- Tangible fixed assets -€9,589
down €9,589 (-8.9%), from €108,010 to €98,421
of which Land and buildings: -€9,475
- Profit (loss) carried forward -€21,259
down €21,259 (-96.0%), from €22,142 to €883
- Reserves +€21,000
up €21,000 (+34.3%), from €61,300 to €82,300
- Other debts -€3,325
down €3,325 (-80.0%), from €4,158 to €833
- Accrued charges and deferred income -€2,072
down €2,072 (-80.6%), from €2,572 to €500
- Trade debts -€1,971
down €1,971 (-23.7%), from €8,330 to €6,360
- Financial charges -€1,877
down €1,877 (-95.9%), from €1,956 to €79
- Depreciation -€881
down €881 (-8.4%), from €10,470 to €9,589
- Taxes +€840
up €840 (+20.5%), from €4,095 to €4,935
- Financial income +€425
up €425 (+802.7%), from €53 to €478
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 | €132,484 | €125,760 | -€6,724 | -5.1% |
| Fixed assets | 21/28 | €108,010 | €98,421 | -€9,589 | -8.9% |
| Tangible fixed assets | 22/27 | €108,010 | €98,421 | -€9,589 | -8.9% |
| Land and buildings | 22 | €107,896 | €98,421 | -€9,475 | -8.8% |
| Plant, machinery and equipment | 23 | €114 | - | -€114 | |
| Current assets | 29/58 | €24,474 | €27,339 | +€2,865 | +11.7% |
| Amounts receivable within one year | 40/41 | €10,413 | €26,097 | +€15,684 | +150.6% |
| Trade receivables | 40 | €10,413 | €5,624 | -€4,789 | -46.0% |
| Other amounts receivable | 41 | - | €20,472 | +€20,472 | |
| Cash at bank and in hand | 54/58 | €13,696 | €372 | -€13,324 | -97.3% |
| Deferred charges and accrued income | 490/1 | €365 | €871 | +€506 | +138.4% |
| Total equity and liabilities | 10/49 | €132,484 | €125,760 | -€6,724 | -5.1% |
| Equity | 10/15 | €108,442 | €108,183 | -€259 | -0.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €61,300 | €82,300 | +€21,000 | +34.3% |
| Distributable reserves | 133 | €61,300 | €82,300 | +€21,000 | +34.3% |
| Profit (loss) carried forward | 14 | €22,142 | €883 | -€21,259 | -96.0% |
| Amounts payable | 17/49 | €24,042 | €17,577 | -€6,465 | -26.9% |
| Amounts payable within one year | 42/48 | €21,470 | €17,077 | -€4,392 | -20.5% |
| Trade debts | 44 | €8,330 | €6,360 | -€1,971 | -23.7% |
| Suppliers | 440/4 | €8,330 | €6,360 | -€1,971 | -23.7% |
| Taxes, remuneration and social security | 45 | €8,981 | €9,885 | +€904 | +10.1% |
| Taxes | 450/3 | €8,981 | €9,885 | +€904 | +10.1% |
| Other amounts payable | 47/48 | €4,158 | €833 | -€3,325 | -80.0% |
| Accrued charges and deferred income | 492/3 | €2,572 | €500 | -€2,072 | -80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,470 | €9,589 | -€881 | -8.4% |
| Other operating charges | 640/8 | €3,206 | €3,161 | -€44 | -1.4% |
| Gross operating margin | 9900 | €27,754 | €27,861 | +€107 | +0.4% |
| Operating profit (loss) | 9901 | €14,078 | €15,111 | +€1,033 | +7.3% |
| Financial income | 75/76B | €53 | €478 | +€425 | +802.7% |
| Recurring financial income | 75 | €53 | €478 | +€425 | +802.7% |
| Financial charges | 65/66B | €1,956 | €79 | -€1,877 | -95.9% |
| Recurring financial charges | 65 | €1,956 | €79 | -€1,877 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €12,174 | €15,509 | +€3,335 | +27.4% |
| Income taxes | 67/77 | €4,095 | €4,935 | +€840 | +20.5% |
| Profit (loss) for the period | 9904 | €8,080 | €10,574 | +€2,495 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,080 | €10,574 | +€2,495 | +30.9% |
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 10 October 2026 via checked.be.