VICON: 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.
VICON
Largest movements
- Receivables within one year +€56,146
up €56,146 (+97.8%), from €57,408 to €113,554
of which Other amounts receivable: +€54,980
- Cash -€22,268
down €22,268 (-25.6%), from €87,032 to €64,764
mainly Receivables within one year (-€56,146) and Contributions, distributions and other (-€46,757)
- Other debts +€29,238
up €29,238 (+167%), from €17,519 to €46,757
- Tax, wage and social debts +€11,948
up €11,948 (+247%), from €4,834 to €16,781
- Trade debts -€8,776
down €8,776 (-87.6%), from €10,013 to €1,238
- Gross operating margin +€38,027
up €38,027 (+120%), from €31,799 to €69,826
- Taxes +€7,539
up €7,539 (+71.3%), from €10,572 to €18,111
- Other operating charges +€1,603
up €1,603 (+76.5%), from €2,095 to €3,697
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 | €156,575 | €188,985 | +€32,410 | +20.7% |
| Fixed assets | 21/28 | €2,021 | €1,906 | -€115 | -5.7% |
| Tangible fixed assets | 22/27 | €2,021 | €1,906 | -€115 | -5.7% |
| Plant, machinery and equipment | 23 | - | €1,428 | +€1,428 | |
| Furniture and vehicles | 24 | €2,021 | €478 | -€1,544 | -76.4% |
| Current assets | 29/58 | €154,554 | €187,079 | +€32,525 | +21.0% |
| Amounts receivable within one year | 40/41 | €57,408 | €113,554 | +€56,146 | +97.8% |
| Trade receivables | 40 | €31,419 | €32,585 | +€1,166 | +3.7% |
| Other amounts receivable | 41 | €25,989 | €80,969 | +€54,980 | +212% |
| Cash at bank and in hand | 54/58 | €87,032 | €64,764 | -€22,268 | -25.6% |
| Deferred charges and accrued income | 490/1 | €10,114 | €8,761 | -€1,353 | -13.4% |
| Total equity and liabilities | 10/49 | €156,575 | €188,985 | +€32,410 | +20.7% |
| Equity | 10/15 | €124,209 | €124,209 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €122,209 | €122,209 | = | 0.0% |
| Distributable reserves | 133 | €122,209 | €122,209 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,366 | €64,776 | +€32,410 | +100% |
| Amounts payable within one year | 42/48 | €32,366 | €64,776 | +€32,410 | +100% |
| Trade debts | 44 | €10,013 | €1,238 | -€8,776 | -87.6% |
| Suppliers | 440/4 | €10,013 | €1,238 | -€8,776 | -87.6% |
| Taxes, remuneration and social security | 45 | €4,834 | €16,781 | +€11,948 | +247% |
| Taxes | 450/3 | €4,834 | €16,781 | +€11,948 | +247% |
| Other amounts payable | 47/48 | €17,519 | €46,757 | +€29,238 | +167% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,544 | €1,615 | +€72 | +4.6% |
| Other operating charges | 640/8 | €2,095 | €3,697 | +€1,603 | +76.5% |
| Gross operating margin | 9900 | €31,799 | €69,826 | +€38,027 | +120% |
| Operating profit (loss) | 9901 | €28,161 | €64,513 | +€36,353 | +129% |
| Financial income | 75/76B | €1,118 | €1,478 | +€360 | +32.2% |
| Recurring financial income | 75 | €1,118 | €1,478 | +€360 | +32.2% |
| Financial charges | 65/66B | €1,187 | €1,124 | -€64 | -5.4% |
| Recurring financial charges | 65 | €1,187 | €1,124 | -€64 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €28,091 | €64,868 | +€36,777 | +131% |
| Income taxes | 67/77 | €10,572 | €18,111 | +€7,539 | +71.3% |
| Profit (loss) for the period | 9904 | €17,519 | €46,757 | +€29,238 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €17,519 | €46,757 | +€29,238 | +167% |
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 26 October 2026 via checked.be.