BUREAU VIVACE: 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.
BUREAU VIVACE
Largest movements
- Cash -€14,655
no longer reported in 2025 (was €14,655)
mainly Tax, wage and social debts (-€20,617) and Net result for the year (-€8,898)
- Tangible fixed assets -€11,435
down €11,435 (-43.6%), from €26,247 to €14,812
of which Land and buildings: -€7,946
- Tax, wage and social debts -€20,617
down €20,617 (-71.5%), from €28,852 to €8,235
- Profit (loss) carried forward -€8,898
new in 2025: -€8,898
- Short-term financial debts +€4,024
new in 2025: €4,024
- Trade debts -€1,408
down €1,408 (-51.4%), from €2,737 to €1,329
- Gross operating margin -€23,417
down €23,417 (-71.5%), from €32,737 to €9,320
- Other operating charges +€10,991
up €10,991 (+798%), from €1,378 to €12,368
- Taxes -€9,338
down €9,338 (-76.0%), from €12,286 to €2,949
- Depreciation -€492
down €492 (-10.3%), from €4,771 to €4,279
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 | €139,008 | €112,084 | -€26,924 | -19.4% |
| Fixed assets | 21/28 | €27,047 | €15,612 | -€11,435 | -42.3% |
| Tangible fixed assets | 22/27 | €26,247 | €14,812 | -€11,435 | -43.6% |
| Land and buildings | 22 | €7,946 | - | -€7,946 | |
| Furniture and vehicles | 24 | €16,301 | €12,812 | -€3,489 | -21.4% |
| Other tangible fixed assets | 26 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €111,961 | €96,472 | -€15,489 | -13.8% |
| Amounts receivable within one year | 40/41 | €96,743 | €95,873 | -€870 | -0.9% |
| Trade receivables | 40 | €23,490 | €18,512 | -€4,978 | -21.2% |
| Other amounts receivable | 41 | €73,252 | €77,361 | +€4,108 | +5.6% |
| Cash at bank and in hand | 54/58 | €14,655 | - | -€14,655 | |
| Deferred charges and accrued income | 490/1 | €564 | €599 | +€35 | +6.3% |
| Total equity and liabilities | 10/49 | €139,008 | €112,084 | -€26,924 | -19.4% |
| Equity | 10/15 | €105,395 | €96,497 | -€8,898 | -8.4% |
| Reserves | 13 | €105,395 | €105,395 | = | 0.0% |
| Distributable reserves | 133 | €105,395 | €105,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,898 | -€8,898 | |
| Amounts payable | 17/49 | €33,613 | €15,587 | -€18,026 | -53.6% |
| Amounts payable within one year | 42/48 | €33,589 | €15,587 | -€18,001 | -53.6% |
| Financial debts | 43 | - | €4,024 | +€4,024 | |
| Other loans | 439 | - | €4,024 | +€4,024 | |
| Trade debts | 44 | €2,737 | €1,329 | -€1,408 | -51.4% |
| Suppliers | 440/4 | €2,737 | €1,329 | -€1,408 | -51.4% |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €28,852 | €8,235 | -€20,617 | -71.5% |
| Taxes | 450/3 | €28,852 | €8,235 | -€20,617 | -71.5% |
| Accrued charges and deferred income | 492/3 | €25 | - | -€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,771 | €4,279 | -€492 | -10.3% |
| Other operating charges | 640/8 | €1,378 | €12,368 | +€10,991 | +798% |
| Gross operating margin | 9900 | €32,737 | €9,320 | -€23,417 | -71.5% |
| Operating profit (loss) | 9901 | €26,588 | -€7,328 | -€33,916 | |
| Financial income | 75/76B | €3,642 | €3,816 | +€174 | +4.8% |
| Recurring financial income | 75 | €3,642 | €3,816 | +€174 | +4.8% |
| Financial charges | 65/66B | €2,195 | €2,438 | +€243 | +11.0% |
| Recurring financial charges | 65 | €2,195 | €2,438 | +€243 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €28,035 | -€5,950 | -€33,984 | |
| Income taxes | 67/77 | €12,286 | €2,949 | -€9,338 | -76.0% |
| Profit (loss) for the period | 9904 | €15,748 | -€8,898 | -€24,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,748 | -€8,898 | -€24,647 |
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 27 October 2026 via checked.be.