ETS VIVONE: 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.
ETS VIVONE
Largest movements
- Tangible fixed assets +€45,204
up €45,204 (+33.5%), from €134,993 to €180,197
of which Furniture and vehicles: +€50,892
- Receivables within one year +€14,400
up €14,400 (+126%), from €11,414 to €25,814
of which Other amounts receivable: +€8,915
- Cash -€5,594
down €5,594 (-38.5%), from €14,527 to €8,933
mainly Investment in fixed assets (net) (-€76,072) and Receivables within one year (-€14,400)
- Debts after one year +€31,442
up €31,442 (+15.7%), from €200,489 to €231,931
of which Financial debts: +€31,442
- Profit (loss) carried forward +€26,102
up €26,102 (+30.4%), from -€85,875 to -€59,772
- Other debts -€7,295
down €7,295 (-37.4%), from €19,499 to €12,205
- Current portion of long-term debt +€5,046
up €5,046 (+134%), from €3,768 to €8,814
- Gross operating margin +€19,919
up €19,919 (+44.5%), from €44,766 to €64,685
- Depreciation +€5,622
up €5,622 (+22.3%), from €25,246 to €30,868
- Other operating charges +€930
up €930 (+21.6%), from €4,311 to €5,241
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,974 | €221,029 | +€55,056 | +33.2% |
| Fixed assets | 21/28 | €135,444 | €180,649 | +€45,204 | +33.4% |
| Tangible fixed assets | 22/27 | €134,993 | €180,197 | +€45,204 | +33.5% |
| Plant, machinery and equipment | 23 | €33,870 | €30,428 | -€3,442 | -10.2% |
| Furniture and vehicles | 24 | €90,353 | €141,245 | +€50,892 | +56.3% |
| Other tangible fixed assets | 26 | €10,770 | €8,524 | -€2,246 | -20.9% |
| Financial fixed assets | 28 | €451 | €451 | = | 0.0% |
| Current assets | 29/58 | €30,530 | €40,381 | +€9,851 | +32.3% |
| Amounts receivable within one year | 40/41 | €11,414 | €25,814 | +€14,400 | +126% |
| Trade receivables | 40 | €1,561 | €7,046 | +€5,485 | +351% |
| Other amounts receivable | 41 | €9,854 | €18,769 | +€8,915 | +90.5% |
| Cash at bank and in hand | 54/58 | €14,527 | €8,933 | -€5,594 | -38.5% |
| Deferred charges and accrued income | 490/1 | €4,589 | €5,634 | +€1,045 | +22.8% |
| Total equity and liabilities | 10/49 | €165,974 | €221,029 | +€55,056 | +33.2% |
| Equity | 10/15 | -€65,423 | -€39,321 | +€26,102 | +39.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,875 | -€59,772 | +€26,102 | +30.4% |
| Amounts payable | 17/49 | €231,397 | €260,350 | +€28,953 | +12.5% |
| Amounts payable after more than one year | 17 | €200,489 | €231,931 | +€31,442 | +15.7% |
| Financial debts | 170/4 | €489 | €31,931 | +€31,442 | +6,427% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,908 | €28,419 | -€2,489 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €3,768 | €8,814 | +€5,046 | +134% |
| Trade debts | 44 | €7,641 | €7,400 | -€240 | -3.1% |
| Suppliers | 440/4 | €7,641 | €7,400 | -€240 | -3.1% |
| Other amounts payable | 47/48 | €19,499 | €12,205 | -€7,295 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,246 | €30,868 | +€5,622 | +22.3% |
| Other operating charges | 640/8 | €4,311 | €5,241 | +€930 | +21.6% |
| Gross operating margin | 9900 | €44,766 | €64,685 | +€19,919 | +44.5% |
| Operating profit (loss) | 9901 | €15,209 | €28,577 | +€13,367 | +87.9% |
| Financial income | 75/76B | €70 | €21 | -€49 | -70.3% |
| Recurring financial income | 75 | €70 | €21 | -€49 | -70.3% |
| Financial charges | 65/66B | €2,297 | €2,335 | +€38 | +1.6% |
| Recurring financial charges | 65 | €2,297 | €2,335 | +€38 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €12,982 | €26,262 | +€13,280 | +102% |
| Income taxes | 67/77 | €154 | €160 | +€6 | +3.9% |
| Profit (loss) for the period | 9904 | €12,828 | €26,102 | +€13,274 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €12,828 | €26,102 | +€13,274 | +103% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.