E-VIAD: 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.
E-VIAD
Largest movements
- Tangible fixed assets -€20,567
down €20,567 (-8.0%), from €257,209 to €236,642
- Debts after one year -€27,504
down €27,504 (-28.7%), from €95,989 to €68,485
- Reserves +€12,757
up €12,757 (+4.3%), from €295,552 to €308,309
of which Distributable reserves: +€12,757
- Gross operating margin +€8,555
up €8,555 (+12.6%), from €67,762 to €76,317
- Taxes +€3,192
up €3,192 (+23.5%), from €13,560 to €16,752
- Financial charges -€1,392
down €1,392 (-22.5%), from €6,186 to €4,794
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 | €544,831 | €530,815 | -€14,016 | -2.6% |
| Fixed assets | 21/28 | €476,349 | €455,782 | -€20,567 | -4.3% |
| Tangible fixed assets | 22/27 | €257,209 | €236,642 | -€20,567 | -8.0% |
| Land and buildings | 22 | €257,209 | €236,642 | -€20,567 | -8.0% |
| Financial fixed assets | 28 | €219,140 | €219,140 | = | 0.0% |
| Current assets | 29/58 | €68,482 | €75,033 | +€6,551 | +9.6% |
| Amounts receivable within one year | 40/41 | €37,586 | €41,217 | +€3,631 | +9.7% |
| Trade receivables | 40 | €22,586 | €23,777 | +€1,192 | +5.3% |
| Other amounts receivable | 41 | €15,000 | €17,440 | +€2,440 | +16.3% |
| Cash at bank and in hand | 54/58 | €29,080 | €31,930 | +€2,850 | +9.8% |
| Deferred charges and accrued income | 490/1 | €1,817 | €1,886 | +€70 | +3.8% |
| Total equity and liabilities | 10/49 | €544,831 | €530,815 | -€14,016 | -2.6% |
| Equity | 10/15 | €328,113 | €340,870 | +€12,757 | +3.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €295,552 | €308,309 | +€12,757 | +4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €293,692 | €306,449 | +€12,757 | +4.3% |
| Profit (loss) carried forward | 14 | €20,161 | €20,161 | = | 0.0% |
| Amounts payable | 17/49 | €216,718 | €189,945 | -€26,773 | -12.4% |
| Amounts payable after more than one year | 17 | €95,989 | €68,485 | -€27,504 | -28.7% |
| Financial debts | 170/4 | €95,989 | €68,485 | -€27,504 | -28.7% |
| Amounts payable within one year | 42/48 | €120,729 | €121,460 | +€731 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €30,720 | €27,504 | -€3,216 | -10.5% |
| Trade debts | 44 | €1,463 | €2,434 | +€971 | +66.4% |
| Suppliers | 440/4 | €1,463 | €2,434 | +€971 | +66.4% |
| Taxes, remuneration and social security | 45 | €23,119 | €27,044 | +€3,925 | +17.0% |
| Taxes | 450/3 | €21,319 | €25,244 | +€3,925 | +18.4% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €65,428 | €64,478 | -€950 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,248 | €20,567 | -€681 | -3.2% |
| Other operating charges | 640/8 | €2,652 | €2,822 | +€170 | +6.4% |
| Gross operating margin | 9900 | €67,762 | €76,317 | +€8,555 | +12.6% |
| Operating profit (loss) | 9901 | €43,861 | €52,927 | +€9,066 | +20.7% |
| Financial income | 75/76B | €16,411 | €16,376 | -€35 | -0.2% |
| Recurring financial income | 75 | €16,411 | €16,376 | -€35 | -0.2% |
| Financial charges | 65/66B | €6,186 | €4,794 | -€1,392 | -22.5% |
| Recurring financial charges | 65 | €6,186 | €4,794 | -€1,392 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €54,087 | €64,509 | +€10,422 | +19.3% |
| Income taxes | 67/77 | €13,560 | €16,752 | +€3,192 | +23.5% |
| Profit (loss) for the period | 9904 | €40,526 | €47,757 | +€7,231 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,526 | €47,757 | +€7,231 | +17.8% |
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 11 October 2026 via checked.be.