VAVIDIN & CO: 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.
VAVIDIN & CO
Largest movements
- Current investments -€224,921
down €224,921 (-29.0%), from €775,421 to €550,500
- Receivables within one year +€47,734
up €47,734 (+24.8%), from €192,384 to €240,118
of which Other amounts receivable: +€39,886
- Tangible fixed assets -€40,942
down €40,942 (-6.3%), from €651,706 to €610,764
- Profit (loss) carried forward -€153,148
down €153,148 (-18.6%), from -€822,488 to -€975,636
- Trade debts -€46,981
down €46,981 (-77.6%), from €60,546 to €13,566
- Other debts -€28,317
down €28,317 (-95.0%), from €29,817 to €1,500
- Financial charges -€230,921
down €230,921 (-99.9%), from €231,050 to €129
of which Non-recurring financial charges: -€230,756
- Depreciation +€29,450
up €29,450 (+161%), from €18,284 to €47,735
- Gross operating margin -€21,424
down €21,424 (-40.2%), from -€53,290 to -€74,714
- Financial income -€11,541
down €11,541 (-50.1%), from €23,034 to €11,493
- Other operating charges -€3,648
down €3,648 (-8.1%), from €45,264 to €41,616
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 | €1,651,949 | €1,422,752 | -€229,197 | -13.9% |
| Fixed assets | 21/28 | €651,706 | €610,764 | -€40,942 | -6.3% |
| Tangible fixed assets | 22/27 | €651,706 | €610,764 | -€40,942 | -6.3% |
| Land and buildings | 22 | €651,706 | €610,764 | -€40,942 | -6.3% |
| Current assets | 29/58 | €1,000,243 | €811,987 | -€188,255 | -18.8% |
| Amounts receivable within one year | 40/41 | €192,384 | €240,118 | +€47,734 | +24.8% |
| Trade receivables | 40 | - | €7,847 | +€7,847 | |
| Other amounts receivable | 41 | €192,384 | €232,271 | +€39,886 | +20.7% |
| Current investments | 50/53 | €775,421 | €550,500 | -€224,921 | -29.0% |
| Cash at bank and in hand | 54/58 | €21,303 | €18,432 | -€2,871 | -13.5% |
| Deferred charges and accrued income | 490/1 | €11,134 | €2,937 | -€8,197 | -73.6% |
| Total equity and liabilities | 10/49 | €1,651,949 | €1,422,752 | -€229,197 | -13.9% |
| Equity | 10/15 | €1,247,608 | €1,094,459 | -€153,148 | -12.3% |
| Contributions | 10/11 | €773,000 | €773,000 | = | 0.0% |
| Capital | 10 | €773,000 | - | -€773,000 | |
| Issued capital | 100 | €773,000 | - | -€773,000 | |
| Reserves | 13 | €1,297,095 | €1,297,095 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,875 | €30,875 | = | 0.0% |
| Legal reserve | 130 | €30,875 | - | -€30,875 | |
| Reserves not available under the articles | 1311 | - | €30,875 | +€30,875 | |
| Tax-exempt reserves | 132 | €931,375 | €931,375 | = | 0.0% |
| Distributable reserves | 133 | €334,845 | €334,845 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€822,488 | -€975,636 | -€153,148 | -18.6% |
| Provisions and deferred taxes | 16 | €310,458 | €310,458 | = | 0.0% |
| Deferred taxes | 168 | €310,458 | €310,458 | = | 0.0% |
| Amounts payable | 17/49 | €93,883 | €17,834 | -€76,049 | -81.0% |
| Amounts payable within one year | 42/48 | €93,883 | €17,834 | -€76,049 | -81.0% |
| Trade debts | 44 | €60,546 | €13,566 | -€46,981 | -77.6% |
| Suppliers | 440/4 | €60,546 | €13,566 | -€46,981 | -77.6% |
| Taxes, remuneration and social security | 45 | €3,520 | €2,768 | -€752 | -21.4% |
| Taxes | 450/3 | €3,520 | €2,768 | -€752 | -21.4% |
| Other amounts payable | 47/48 | €29,817 | €1,500 | -€28,317 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,284 | €47,735 | +€29,450 | +161% |
| Other operating charges | 640/8 | €45,264 | €41,616 | -€3,648 | -8.1% |
| Gross operating margin | 9900 | -€53,290 | -€74,714 | -€21,424 | -40.2% |
| Operating profit (loss) | 9901 | -€116,838 | -€164,065 | -€47,227 | -40.4% |
| Financial income | 75/76B | €23,034 | €11,493 | -€11,541 | -50.1% |
| Recurring financial income | 75 | €23,034 | €11,493 | -€11,541 | -50.1% |
| Financial charges | 65/66B | €231,050 | €129 | -€230,921 | -99.9% |
| Recurring financial charges | 65 | €294 | €129 | -€165 | -56.0% |
| Non-recurring financial charges | 66B | €230,756 | - | -€230,756 | |
| Profit (loss) for the period before taxes | 9903 | -€324,854 | -€152,701 | +€172,153 | +53.0% |
| Income taxes | 67/77 | €271 | €447 | +€176 | +64.9% |
| Profit (loss) for the period | 9904 | -€325,125 | -€153,148 | +€171,977 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€325,125 | -€153,148 | +€171,977 | +52.9% |
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 17 October 2026 via checked.be.