VaViTech: 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.
VaViTech
Largest movements
- Cash +€38,385
up €38,385 (+263.5%), from €14,568 to €52,953
mainly Receivables within one year (+€24,993) and Net result for the year (+€17,555)
- Receivables within one year -€24,993
down €24,993 (-67.8%), from €36,881 to €11,888
of which Trade receivables: -€25,117
- Tangible fixed assets -€5,025
down €5,025 (-48.2%), from €10,422 to €5,397
- Reserves +€17,555
up €17,555 (+37.1%), from €47,278 to €64,833
- Tax, wage and social debts -€9,442
down €9,442 (-79.1%), from €11,939 to €2,497
- Gross operating margin +€1,891
up €1,891 (+6.9%), from €27,473 to €29,365
- Taxes +€1,261
up €1,261 (+27.3%), from €4,618 to €5,879
- Other operating charges -€477
down €477 (-44.1%), from €1,082 to €605
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 | €62,118 | €70,238 | +€8,120 | +13.1% |
| Fixed assets | 21/28 | €10,422 | €5,397 | -€5,025 | -48.2% |
| Tangible fixed assets | 22/27 | €10,422 | €5,397 | -€5,025 | -48.2% |
| Plant, machinery and equipment | 23 | €10,422 | €5,397 | -€5,025 | -48.2% |
| Current assets | 29/58 | €51,696 | €64,841 | +€13,145 | +25.4% |
| Amounts receivable within one year | 40/41 | €36,881 | €11,888 | -€24,993 | -67.8% |
| Trade receivables | 40 | €34,652 | €9,535 | -€25,117 | -72.5% |
| Other amounts receivable | 41 | €2,229 | €2,353 | +€124 | +5.6% |
| Cash at bank and in hand | 54/58 | €14,568 | €52,953 | +€38,385 | +263.5% |
| Deferred charges and accrued income | 490/1 | €248 | - | -€248 | |
| Total equity and liabilities | 10/49 | €62,118 | €70,238 | +€8,120 | +13.1% |
| Equity | 10/15 | €49,778 | €67,333 | +€17,555 | +35.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €47,278 | €64,833 | +€17,555 | +37.1% |
| Distributable reserves | 133 | €47,278 | €64,833 | +€17,555 | +37.1% |
| Amounts payable | 17/49 | €12,340 | €2,905 | -€9,435 | -76.5% |
| Amounts payable within one year | 42/48 | €12,286 | €2,844 | -€9,442 | -76.8% |
| Taxes, remuneration and social security | 45 | €11,939 | €2,497 | -€9,442 | -79.1% |
| Taxes | 450/3 | €11,939 | €2,497 | -€9,442 | -79.1% |
| Other amounts payable | 47/48 | €348 | €348 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €54 | €61 | +€7 | +12.9% |
| Non-recurring operating income | 76A | €11,082 | - | -€11,082 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,208 | €5,025 | -€184 | -3.5% |
| Other operating charges | 640/8 | €1,082 | €605 | -€477 | -44.1% |
| Gross operating margin | 9900 | €27,473 | €29,365 | +€1,891 | +6.9% |
| Operating profit (loss) | 9901 | €21,183 | €23,735 | +€2,552 | +12.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €299 | €301 | +€2 | +0.7% |
| Recurring financial charges | 65 | €299 | €301 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €20,884 | €23,434 | +€2,550 | +12.2% |
| Income taxes | 67/77 | €4,618 | €5,879 | +€1,261 | +27.3% |
| Profit (loss) for the period | 9904 | €16,266 | €17,555 | +€1,289 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,266 | €17,555 | +€1,289 | +7.9% |
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 11 October 2026 via checked.be.