M-VIDA: 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.
M-VIDA
Largest movements
- Tangible fixed assets +€359,171
up €359,171 (+77.8%), from €461,927 to €821,097
of which Land and buildings: +€318,016
- Receivables within one year +€152,634
up €152,634 (+72.6%), from €210,325 to €362,959
of which Other amounts receivable: +€151,424
- Other debts +€289,444
up €289,444 (+97.1%), from €298,073 to €587,517
- Debts after one year +€243,166
up €243,166 (+76.0%), from €320,071 to €563,237
- Profit (loss) carried forward -€30,662
down €30,662 (-70.7%), from €43,382 to €12,720
- Depreciation -€25,279
down €25,279 (-36.8%), from €68,765 to €43,485
- Other operating charges +€7,532
up €7,532 (+247.6%), from €3,042 to €10,574
- Financial charges -€7,333
down €7,333 (-21.4%), from €34,235 to €26,902
- Financial income +€3,820
up €3,820 (+24.8%), from €15,411 to €19,230
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 | €915,653 | €1,429,392 | +€513,739 | +56.1% |
| Fixed assets | 21/28 | €692,398 | €1,051,569 | +€359,171 | +51.9% |
| Tangible fixed assets | 22/27 | €461,927 | €821,097 | +€359,171 | +77.8% |
| Land and buildings | 22 | €459,290 | €777,305 | +€318,016 | +69.2% |
| Furniture and vehicles | 24 | €2,637 | €43,792 | +€41,155 | +1560.8% |
| Financial fixed assets | 28 | €230,471 | €230,471 | = | 0.0% |
| Current assets | 29/58 | €223,255 | €377,823 | +€154,568 | +69.2% |
| Amounts receivable within one year | 40/41 | €210,325 | €362,959 | +€152,634 | +72.6% |
| Trade receivables | 40 | €5,636 | €6,846 | +€1,210 | +21.5% |
| Other amounts receivable | 41 | €204,689 | €356,113 | +€151,424 | +74.0% |
| Cash at bank and in hand | 54/58 | €5,380 | €9,932 | +€4,552 | +84.6% |
| Deferred charges and accrued income | 490/1 | €7,550 | €4,932 | -€2,618 | -34.7% |
| Total equity and liabilities | 10/49 | €915,653 | €1,429,392 | +€513,739 | +56.1% |
| Equity | 10/15 | €225,376 | €194,715 | -€30,662 | -13.6% |
| Contributions | 10/11 | €93,600 | €93,600 | = | 0.0% |
| Reserves | 13 | €88,394 | €88,394 | = | 0.0% |
| Distributable reserves | 133 | €88,394 | €88,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,382 | €12,720 | -€30,662 | -70.7% |
| Amounts payable | 17/49 | €690,277 | €1,234,678 | +€544,401 | +78.9% |
| Amounts payable after more than one year | 17 | €320,071 | €563,237 | +€243,166 | +76.0% |
| Financial debts | 170/4 | €320,071 | €563,237 | +€243,166 | +76.0% |
| Amounts payable within one year | 42/48 | €367,097 | €669,188 | +€302,090 | +82.3% |
| Current portion of amounts payable after more than one year | 42 | €50,949 | €63,834 | +€12,884 | +25.3% |
| Trade debts | 44 | €3,391 | €6,571 | +€3,181 | +93.8% |
| Suppliers | 440/4 | €3,391 | €6,571 | +€3,181 | +93.8% |
| Taxes, remuneration and social security | 45 | €14,685 | €11,265 | -€3,419 | -23.3% |
| Taxes | 450/3 | €9,841 | €6,974 | -€2,867 | -29.1% |
| Remuneration and social security | 454/9 | €4,844 | €4,292 | -€552 | -11.4% |
| Other amounts payable | 47/48 | €298,073 | €587,517 | +€289,444 | +97.1% |
| Accrued charges and deferred income | 492/3 | €3,108 | €2,252 | -€856 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,765 | €43,485 | -€25,279 | -36.8% |
| Other operating charges | 640/8 | €3,042 | €10,574 | +€7,532 | +247.6% |
| Gross operating margin | 9900 | €31,048 | €31,277 | +€229 | +0.7% |
| Operating profit (loss) | 9901 | -€40,758 | -€22,783 | +€17,976 | +44.1% |
| Financial income | 75/76B | €15,411 | €19,230 | +€3,820 | +24.8% |
| Recurring financial income | 75 | €15,411 | €19,230 | +€3,820 | +24.8% |
| Financial charges | 65/66B | €34,235 | €26,902 | -€7,333 | -21.4% |
| Recurring financial charges | 65 | €34,235 | €26,902 | -€7,333 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,583 | -€30,454 | +€29,129 | +48.9% |
| Income taxes | 67/77 | €230 | €207 | -€23 | -9.9% |
| Profit (loss) for the period | 9904 | -€59,813 | -€30,662 | +€29,152 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,813 | -€30,662 | +€29,152 | +48.7% |
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 6 October 2026 via checked.be.