IL VIALE: what changed
Two fiscal 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.
IL VIALE
Largest movements
- Cash -€28,205
down €28,205 (-87.9%), from €32,101 to €3,896
mainly Other debts (-€23,983) and Stocks and contracts (-€10,096)
- Stocks and contracts +€10,096
up €10,096 (+96.3%), from €10,484 to €20,580
- Receivables within one year +€8,957
up €8,957 (+792.5%), from €1,130 to €10,087
of which Other amounts receivable: +€8,457
- Tangible fixed assets -€7,212
down €7,212 (-12.3%), from €58,532 to €51,320
of which Furniture and vehicles: -€3,840
- Other debts -€23,983
no longer reported in 2025 (was €23,983)
- Profit (loss) carried forward +€8,114
up €8,114 (+20.8%), from €38,945 to €47,059
- Trade debts -€5,697
down €5,697 (-39.8%), from €14,325 to €8,628
- Tax, wage and social debts +€5,053
up €5,053 (+156.7%), from €3,225 to €8,278
of which Remuneration and social security: +€4,992
- Staff costs -€8,803
down €8,803 (-4.0%), from €217,832 to €209,029
- Gross operating margin -€6,270
down €6,270 (-2.6%), from €237,417 to €231,146
- Depreciation -€2,748
down €2,748 (-20.4%), from €13,482 to €10,734
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 | €104,556 | €87,369 | -€17,187 | -16.4% |
| Fixed assets | 21/28 | €59,063 | €52,057 | -€7,007 | -11.9% |
| Tangible fixed assets | 22/27 | €58,532 | €51,320 | -€7,212 | -12.3% |
| Furniture and vehicles | 24 | €17,793 | €13,954 | -€3,840 | -21.6% |
| Other tangible fixed assets | 26 | €40,738 | €37,366 | -€3,372 | -8.3% |
| Financial fixed assets | 28 | €532 | €737 | +€205 | +38.6% |
| Current assets | 29/58 | €45,493 | €35,312 | -€10,181 | -22.4% |
| Stocks and contracts in progress | 3 | €10,484 | €20,580 | +€10,096 | +96.3% |
| Stocks | 30/36 | €10,484 | €20,580 | +€10,096 | +96.3% |
| Amounts receivable within one year | 40/41 | €1,130 | €10,087 | +€8,957 | +792.5% |
| Trade receivables | 40 | - | €500 | +€500 | |
| Other amounts receivable | 41 | €1,130 | €9,587 | +€8,457 | +748.3% |
| Cash at bank and in hand | 54/58 | €32,101 | €3,896 | -€28,205 | -87.9% |
| Deferred charges and accrued income | 490/1 | €1,778 | €749 | -€1,029 | -57.9% |
| Total equity and liabilities | 10/49 | €104,556 | €87,369 | -€17,187 | -16.4% |
| Equity | 10/15 | €57,545 | €65,659 | +€8,114 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,945 | €47,059 | +€8,114 | +20.8% |
| Amounts payable | 17/49 | €47,011 | €21,710 | -€25,302 | -53.8% |
| Amounts payable within one year | 42/48 | €47,011 | €21,710 | -€25,302 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €5,478 | €4,803 | -€675 | -12.3% |
| Trade debts | 44 | €14,325 | €8,628 | -€5,697 | -39.8% |
| Suppliers | 440/4 | €14,325 | €8,628 | -€5,697 | -39.8% |
| Taxes, remuneration and social security | 45 | €3,225 | €8,278 | +€5,053 | +156.7% |
| Taxes | 450/3 | €3,225 | €3,286 | +€61 | +1.9% |
| Remuneration and social security | 454/9 | - | €4,992 | +€4,992 | |
| Other amounts payable | 47/48 | €23,983 | - | -€23,983 | |
| Remuneration, social security and pensions | 62 | €217,832 | €209,029 | -€8,803 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,482 | €10,734 | -€2,748 | -20.4% |
| Other operating charges | 640/8 | €2,932 | €2,287 | -€645 | -22.0% |
| Gross operating margin | 9900 | €237,417 | €231,146 | -€6,270 | -2.6% |
| Operating profit (loss) | 9901 | €3,171 | €9,097 | +€5,926 | +186.9% |
| Financial income | 75/76B | €194 | €232 | +€38 | +19.6% |
| Recurring financial income | 75 | €194 | €232 | +€38 | +19.6% |
| Financial charges | 65/66B | €583 | €847 | +€264 | +45.3% |
| Recurring financial charges | 65 | €583 | €847 | +€264 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €2,782 | €8,482 | +€5,700 | +204.9% |
| Income taxes | 67/77 | €301 | €368 | +€66 | +21.9% |
| Profit (loss) for the period | 9904 | €2,481 | €8,114 | +€5,634 | +227.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,481 | €8,114 | +€5,634 | +227.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.