SA VIE: 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.
SA VIE
Largest movements
- Tangible fixed assets +€518,850
up €518,850 (+34,761%), from €1,493 to €520,343
of which Land and buildings: +€517,532
- Cash -€13,185
down €13,185 (-15.6%), from €84,516 to €71,331
mainly Investment in fixed assets (net) (-€528,250) and Tax, wage and social debts (-€12,280)
- Debts after one year +€458,727
new in 2024: €458,727
- Other debts +€39,537
up €39,537 (+202%), from €19,580 to €59,118
- Reserves +€21,935
up €21,935 (+62.9%), from €34,859 to €56,793
of which Distributable reserves: +€21,935
- Tax, wage and social debts -€12,280
down €12,280 (-77.4%), from €15,868 to €3,588
of which Taxes: -€7,212
- Accrued charges and deferred income -€8,430
no longer reported in 2024 (was €8,430)
- Gross operating margin +€80,173
up €80,173 (+52.6%), from €152,502 to €232,676
- Staff costs +€76,616
up €76,616 (+72.0%), from €106,361 to €182,977
- Depreciation +€10,705
up €10,705 (+499%), from €2,145 to €12,849
- Financial charges +€2,938
up €2,938 (+1,472%), from €200 to €3,138
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 | €91,138 | €592,429 | +€501,291 | +550% |
| Fixed assets | 21/28 | €4,943 | €520,343 | +€515,400 | +10,428% |
| Tangible fixed assets | 22/27 | €1,493 | €520,343 | +€518,850 | +34,761% |
| Land and buildings | 22 | - | €517,532 | +€517,532 | |
| Plant, machinery and equipment | 23 | €1,222 | €2,810 | +€1,589 | +130% |
| Other tangible fixed assets | 26 | €271 | €0 | -€271 | -99.9% |
| Financial fixed assets | 28 | €3,450 | - | -€3,450 | |
| Current assets | 29/58 | €86,195 | €72,086 | -€14,109 | -16.4% |
| Stocks and contracts in progress | 3 | €755 | €755 | = | 0.0% |
| Stocks | 30/36 | €755 | €755 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €924 | - | -€924 | |
| Other amounts receivable | 41 | €924 | - | -€924 | |
| Cash at bank and in hand | 54/58 | €84,516 | €71,331 | -€13,185 | -15.6% |
| Total equity and liabilities | 10/49 | €91,138 | €592,429 | +€501,291 | +550% |
| Equity | 10/15 | €47,259 | €69,193 | +€21,935 | +46.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €34,859 | €56,793 | +€21,935 | +62.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,999 | €54,933 | +€21,935 | +66.5% |
| Amounts payable | 17/49 | €43,879 | €523,236 | +€479,357 | +1,092% |
| Amounts payable after more than one year | 17 | - | €458,727 | +€458,727 | |
| Financial debts | 170/4 | - | €458,727 | +€458,727 | |
| Amounts payable within one year | 42/48 | €35,448 | €64,509 | +€29,060 | +82.0% |
| Trade debts | 44 | - | €1,803 | +€1,803 | |
| Suppliers | 440/4 | - | €1,803 | +€1,803 | |
| Taxes, remuneration and social security | 45 | €15,868 | €3,588 | -€12,280 | -77.4% |
| Taxes | 450/3 | €10,800 | €3,588 | -€7,212 | -66.8% |
| Remuneration and social security | 454/9 | €5,068 | - | -€5,068 | |
| Other amounts payable | 47/48 | €19,580 | €59,118 | +€39,537 | +202% |
| Accrued charges and deferred income | 492/3 | €8,430 | - | -€8,430 | |
| Remuneration, social security and pensions | 62 | €106,361 | €182,977 | +€76,616 | +72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,145 | €12,849 | +€10,705 | +499% |
| Other operating charges | 640/8 | €882 | €3,207 | +€2,325 | +264% |
| Gross operating margin | 9900 | €152,502 | €232,676 | +€80,173 | +52.6% |
| Operating profit (loss) | 9901 | €43,114 | €33,641 | -€9,473 | -22.0% |
| Financial income | 75/76B | - | €86 | +€86 | |
| Recurring financial income | 75 | - | €86 | +€86 | |
| Financial charges | 65/66B | €200 | €3,138 | +€2,938 | +1,472% |
| Recurring financial charges | 65 | €200 | €3,138 | +€2,938 | +1,472% |
| Profit (loss) for the period before taxes | 9903 | €42,915 | €30,590 | -€12,325 | -28.7% |
| Income taxes | 67/77 | €10,800 | €8,655 | -€2,145 | -19.9% |
| Profit (loss) for the period | 9904 | €32,115 | €21,935 | -€10,180 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,115 | €21,935 | -€10,180 | -31.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.