Le Villance: 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.
Le Villance
Largest movements
- Cash -€100,167
down €100,167 (-75.4%), from €132,914 to €32,747
mainly Net result for the year (-€499,584) and Current portion of long-term debt (-€111,589)
- Tangible fixed assets -€39,322
down €39,322 (-8.6%), from €455,997 to €416,676
of which Land and buildings: -€41,447
- Deferred charges and accrued income -€18,923
down €18,923 (-92.9%), from €20,378 to €1,454
- Stocks and contracts +€9,713
up €9,713 (+6.5%), from €150,287 to €160,000
- Profit (loss) carried forward -€499,584
down €499,584, from €6,938 to -€492,646
- Tax, wage and social debts +€278,237
up €278,237 (+157%), from €177,396 to €455,633
of which Remuneration and social security: +€166,568
- Trade debts +€193,314
up €193,314 (+401%), from €48,253 to €241,567
- Current portion of long-term debt -€111,589
down €111,589 (-69.1%), from €161,462 to €49,873
- Debts after one year -€49,873
down €49,873 (-33.8%), from €147,363 to €97,490
- Staff costs +€242,344
up €242,344 (+26.0%), from €930,602 to €1.2m
- Gross operating margin -€45,703
down €45,703 (-5.2%), from €884,355 to €838,651
- Financial charges +€38,009
up €38,009 (+193%), from €19,670 to €57,678
- Other operating charges +€23,446
up €23,446 (+372%), from €6,298 to €29,744
- Depreciation +€17,293
up €17,293 (+28.6%), from €60,512 to €77,805
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 | €791,011 | €645,442 | -€145,570 | -18.4% |
| Fixed assets | 21/28 | €456,072 | €418,097 | -€37,975 | -8.3% |
| Intangible fixed assets | 21 | - | €1,346 | +€1,346 | |
| Tangible fixed assets | 22/27 | €455,997 | €416,676 | -€39,322 | -8.6% |
| Land and buildings | 22 | €344,359 | €302,912 | -€41,447 | -12.0% |
| Plant, machinery and equipment | 23 | €12,549 | €8,849 | -€3,701 | -29.5% |
| Furniture and vehicles | 24 | €99,089 | €104,915 | +€5,826 | +5.9% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €334,939 | €227,345 | -€107,594 | -32.1% |
| Stocks and contracts in progress | 3 | €150,287 | €160,000 | +€9,713 | +6.5% |
| Stocks | 30/36 | €150,287 | €160,000 | +€9,713 | +6.5% |
| Amounts receivable within one year | 40/41 | €31,361 | €33,143 | +€1,782 | +5.7% |
| Trade receivables | 40 | €31,262 | €20,341 | -€10,920 | -34.9% |
| Other amounts receivable | 41 | €99 | €12,802 | +€12,703 | +12,855% |
| Cash at bank and in hand | 54/58 | €132,914 | €32,747 | -€100,167 | -75.4% |
| Deferred charges and accrued income | 490/1 | €20,378 | €1,454 | -€18,923 | -92.9% |
| Total equity and liabilities | 10/49 | €791,011 | €645,442 | -€145,570 | -18.4% |
| Equity | 10/15 | €27,398 | -€472,186 | -€499,584 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,938 | -€492,646 | -€499,584 | |
| Amounts payable | 17/49 | €763,613 | €1,117,627 | +€354,014 | +46.4% |
| Amounts payable after more than one year | 17 | €147,363 | €97,490 | -€49,873 | -33.8% |
| Financial debts | 170/4 | €147,363 | €97,490 | -€49,873 | -33.8% |
| Amounts payable within one year | 42/48 | €615,004 | €1,020,137 | +€405,133 | +65.9% |
| Current portion of amounts payable after more than one year | 42 | €161,462 | €49,873 | -€111,589 | -69.1% |
| Trade debts | 44 | €48,253 | €241,567 | +€193,314 | +401% |
| Suppliers | 440/4 | €48,253 | €241,567 | +€193,314 | +401% |
| Taxes, remuneration and social security | 45 | €177,396 | €455,633 | +€278,237 | +157% |
| Taxes | 450/3 | €52,435 | €164,104 | +€111,669 | +213% |
| Remuneration and social security | 454/9 | €124,961 | €291,529 | +€166,568 | +133% |
| Other amounts payable | 47/48 | €227,892 | €273,063 | +€45,171 | +19.8% |
| Accrued charges and deferred income | 492/3 | €1,246 | €0 | -€1,246 | -100% |
| Non-recurring operating income | 76A | €2,178 | €0 | -€2,178 | -100% |
| Remuneration, social security and pensions | 62 | €930,602 | €1,172,946 | +€242,344 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,512 | €77,805 | +€17,293 | +28.6% |
| Other operating charges | 640/8 | €6,298 | €29,744 | +€23,446 | +372% |
| Gross operating margin | 9900 | €884,355 | €838,651 | -€45,703 | -5.2% |
| Operating profit (loss) | 9901 | -€113,057 | -€441,843 | -€328,786 | -291% |
| Financial income | 75/76B | €518 | €0 | -€518 | -100% |
| Recurring financial income | 75 | €518 | €0 | -€518 | -100% |
| Financial charges | 65/66B | €19,670 | €57,678 | +€38,009 | +193% |
| Recurring financial charges | 65 | €19,670 | €57,678 | +€38,009 | +193% |
| Profit (loss) for the period before taxes | 9903 | -€132,208 | -€499,522 | -€367,313 | -278% |
| Income taxes | 67/77 | €875 | €62 | -€813 | -92.9% |
| Profit (loss) for the period | 9904 | -€133,084 | -€499,584 | -€366,500 | -275% |
| Profit (loss) for the period to be appropriated | 9905 | -€133,084 | -€499,584 | -€366,500 | -275% |
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 19 October 2026 via checked.be.