RESIDENCE VIVALDI: 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.
RESIDENCE VIVALDI
Largest movements
- Intangible fixed assets -€36,053
down €36,053 (-98.9%), from €36,472 to €419
- Cash -€32,779
down €32,779 (-23.6%), from €138,627 to €105,848
mainly Net result for the year (-€240,666) and Short-term financial debts (-€164,048)
- Tangible fixed assets -€21,095
down €21,095 (-25.0%), from €84,376 to €63,281
of which Plant, machinery and equipment: -€11,784
- Trade debts +€266,947
up €266,947 (+215%), from €124,346 to €391,293
- Profit (loss) carried forward -€240,666
down €240,666 (-401%), from -€59,961 to -€300,627
- Short-term financial debts -€164,048
down €164,048 (-100.0%), from €164,097 to €50
- Other debts +€160,000
up €160,000 (+199%), from €80,572 to €240,572
- Tax, wage and social debts -€111,432
down €111,432 (-25.5%), from €437,218 to €325,786
of which Remuneration and social security: -€83,045
- Staff costs +€158,441
up €158,441 (+5.0%), from €3.2m to €3.3m
- Gross operating margin +€76,721
up €76,721 (+2.5%), from €3.1m to €3.2m
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 | €815,833 | €726,635 | -€89,198 | -10.9% |
| Fixed assets | 21/28 | €121,488 | €64,341 | -€57,148 | -47.0% |
| Intangible fixed assets | 21 | €36,472 | €419 | -€36,053 | -98.9% |
| Tangible fixed assets | 22/27 | €84,376 | €63,281 | -€21,095 | -25.0% |
| Plant, machinery and equipment | 23 | €39,667 | €27,883 | -€11,784 | -29.7% |
| Furniture and vehicles | 24 | €41,658 | €33,596 | -€8,062 | -19.4% |
| Other tangible fixed assets | 26 | €3,051 | €1,802 | -€1,248 | -40.9% |
| Financial fixed assets | 28 | €641 | €641 | = | 0.0% |
| Current assets | 29/58 | €694,344 | €662,294 | -€32,050 | -4.6% |
| Stocks and contracts in progress | 3 | €4,306 | €3,970 | -€336 | -7.8% |
| Stocks | 30/36 | €4,306 | €3,970 | -€336 | -7.8% |
| Amounts receivable within one year | 40/41 | €542,434 | €543,165 | +€731 | +0.1% |
| Trade receivables | 40 | €439,607 | €471,188 | +€31,581 | +7.2% |
| Other amounts receivable | 41 | €102,827 | €71,977 | -€30,850 | -30.0% |
| Cash at bank and in hand | 54/58 | €138,627 | €105,848 | -€32,779 | -23.6% |
| Deferred charges and accrued income | 490/1 | €8,978 | €9,312 | +€334 | +3.7% |
| Total equity and liabilities | 10/49 | €815,833 | €726,635 | -€89,198 | -10.9% |
| Equity | 10/15 | €8,239 | -€232,427 | -€240,666 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,961 | -€300,627 | -€240,666 | -401% |
| Amounts payable | 17/49 | €807,594 | €959,061 | +€151,468 | +18.8% |
| Amounts payable after more than one year | 17 | €1,361 | €1,361 | = | 0.0% |
| Other amounts payable | 178/9 | €1,361 | €1,361 | = | 0.0% |
| Amounts payable within one year | 42/48 | €806,233 | €957,700 | +€151,468 | +18.8% |
| Financial debts | 43 | €164,097 | €50 | -€164,048 | -100.0% |
| Credit institutions | 430/8 | €164,097 | €50 | -€164,048 | -100.0% |
| Trade debts | 44 | €124,346 | €391,293 | +€266,947 | +215% |
| Suppliers | 440/4 | €124,346 | €391,293 | +€266,947 | +215% |
| Taxes, remuneration and social security | 45 | €437,218 | €325,786 | -€111,432 | -25.5% |
| Taxes | 450/3 | €28,530 | €143 | -€28,386 | -99.5% |
| Remuneration and social security | 454/9 | €408,688 | €325,642 | -€83,045 | -20.3% |
| Other amounts payable | 47/48 | €80,572 | €240,572 | +€160,000 | +199% |
| Remuneration, social security and pensions | 62 | €3,155,509 | €3,313,949 | +€158,441 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,274 | €68,664 | -€5,611 | -7.6% |
| Other operating charges | 640/8 | €3,411 | €2,561 | -€851 | -24.9% |
| Gross operating margin | 9900 | €3,085,245 | €3,161,966 | +€76,721 | +2.5% |
| Operating profit (loss) | 9901 | -€147,950 | -€223,207 | -€75,258 | -50.9% |
| Financial income | 75/76B | €301 | €302 | +€1 | +0.4% |
| Recurring financial income | 75 | €301 | €302 | +€1 | +0.4% |
| Financial charges | 65/66B | €909 | €3,281 | +€2,372 | +261% |
| Recurring financial charges | 65 | €909 | €3,281 | +€2,372 | +261% |
| Profit (loss) for the period before taxes | 9903 | -€148,557 | -€226,186 | -€77,629 | -52.3% |
| Income taxes | 67/77 | €21,705 | €14,480 | -€7,225 | -33.3% |
| Profit (loss) for the period | 9904 | -€170,262 | -€240,666 | -€70,404 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€170,262 | -€240,666 | -€70,404 | -41.4% |
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.