VICOM: 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.
VICOM
Largest movements
- Receivables within one year -€16,408
down €16,408 (-97.5%), from €16,833 to €425
of which Trade receivables: -€16,395
- Deferred charges and accrued income -€7,070
down €7,070 (-80.9%), from €8,735 to €1,665
- Cash -€5,938
down €5,938 (-2.7%), from €222,678 to €216,740
mainly Tax, wage and social debts (-€18,098) and Net result for the year (-€9,098)
- Tax, wage and social debts -€18,098
down €18,098 (-96.6%), from €18,733 to €634
- Profit (loss) carried forward -€9,098
down €9,098 (-38.9%), from €23,387 to €14,289
- Gross operating margin -€66,772
down €66,772, from €65,667 to -€1,105
- Taxes -€18,208
down €18,208, from €16,226 to -€1,982
- Other operating charges -€2,360
down €2,360 (-19.4%), from €12,140 to €9,779
- Financial income +€2,146
new in 2025: €2,146
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 | €375,389 | €343,799 | -€31,591 | -8.4% |
| Fixed assets | 21/28 | €127,143 | €124,968 | -€2,175 | -1.7% |
| Tangible fixed assets | 22/27 | €127,143 | €124,968 | -€2,175 | -1.7% |
| Land and buildings | 22 | €114,384 | €114,135 | -€249 | -0.2% |
| Plant, machinery and equipment | 23 | €12,759 | €10,833 | -€1,926 | -15.1% |
| Current assets | 29/58 | €248,246 | €218,830 | -€29,416 | -11.8% |
| Amounts receivable within one year | 40/41 | €16,833 | €425 | -€16,408 | -97.5% |
| Trade receivables | 40 | €16,820 | €425 | -€16,395 | -97.5% |
| Other amounts receivable | 41 | €14 | - | -€14 | |
| Cash at bank and in hand | 54/58 | €222,678 | €216,740 | -€5,938 | -2.7% |
| Deferred charges and accrued income | 490/1 | €8,735 | €1,665 | -€7,070 | -80.9% |
| Total equity and liabilities | 10/49 | €375,389 | €343,799 | -€31,591 | -8.4% |
| Equity | 10/15 | €31,447 | €22,349 | -€9,098 | -28.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,387 | €14,289 | -€9,098 | -38.9% |
| Amounts payable | 17/49 | €343,942 | €321,449 | -€22,493 | -6.5% |
| Amounts payable within one year | 42/48 | €338,487 | €318,175 | -€20,312 | -6.0% |
| Trade debts | 44 | €2,213 | - | -€2,213 | |
| Suppliers | 440/4 | €2,213 | - | -€2,213 | |
| Taxes, remuneration and social security | 45 | €18,733 | €634 | -€18,098 | -96.6% |
| Taxes | 450/3 | €18,733 | €634 | -€18,098 | -96.6% |
| Other amounts payable | 47/48 | €317,541 | €317,541 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,455 | €3,274 | -€2,181 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,175 | €2,175 | = | 0.0% |
| Other operating charges | 640/8 | €12,140 | €9,779 | -€2,360 | -19.4% |
| Gross operating margin | 9900 | €65,667 | -€1,105 | -€66,772 | |
| Operating profit (loss) | 9901 | €51,352 | -€13,059 | -€64,412 | |
| Financial income | 75/76B | - | €2,146 | +€2,146 | |
| Recurring financial income | 75 | - | €2,146 | +€2,146 | |
| Financial charges | 65/66B | €205 | €166 | -€39 | -19.1% |
| Recurring financial charges | 65 | €205 | €166 | -€39 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €51,147 | -€11,080 | -€62,227 | |
| Income taxes | 67/77 | €16,226 | -€1,982 | -€18,208 | |
| Profit (loss) for the period | 9904 | €34,921 | -€9,098 | -€44,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,921 | -€9,098 | -€44,019 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.