Vavona: 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.
Vavona
Largest movements
- Cash +€14,713
up €14,713 (+33.0%), from €44,580 to €59,294
mainly Receivables within one year (+€7,127) and Net result for the year (+€5,108)
- Receivables within one year -€7,127
down €7,127 (-69.7%), from €10,225 to €3,097
of which Trade receivables: -€7,152
- Stocks and contracts -€2,091
down €2,091 (-37.4%), from €5,591 to €3,500
of which Contracts in progress: -€1,500
- Deferred charges and accrued income -€1,302
down €1,302 (-74.0%), from €1,760 to €458
- Reserves +€5,108
up €5,108 (+29.0%), from €17,634 to €22,741
of which Distributable reserves: +€5,108
- Trade debts -€1,851
down €1,851 (-73.3%), from €2,525 to €673
- Tax, wage and social debts +€1,119
up €1,119 (+77.9%), from €1,437 to €2,556
- Gross operating margin +€2,722
up €2,722 (+42.3%), from €6,439 to €9,161
- Taxes +€2,029
up €2,029 (+385.0%), from €527 to €2,556
- Other operating charges +€823
up €823 (+123.2%), from €668 to €1,490
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 | €62,156 | €66,349 | +€4,193 | +6.7% |
| Current assets | 29/58 | €62,156 | €66,349 | +€4,193 | +6.7% |
| Stocks and contracts in progress | 3 | €5,591 | €3,500 | -€2,091 | -37.4% |
| Stocks | 30/36 | €591 | - | -€591 | |
| Contracts in progress | 37 | €5,000 | €3,500 | -€1,500 | -30.0% |
| Amounts receivable within one year | 40/41 | €10,225 | €3,097 | -€7,127 | -69.7% |
| Trade receivables | 40 | €10,225 | €3,073 | -€7,152 | -69.9% |
| Other amounts receivable | 41 | €0 | €25 | +€25 | |
| Cash at bank and in hand | 54/58 | €44,580 | €59,294 | +€14,713 | +33.0% |
| Deferred charges and accrued income | 490/1 | €1,760 | €458 | -€1,302 | -74.0% |
| Total equity and liabilities | 10/49 | €62,156 | €66,349 | +€4,193 | +6.7% |
| Equity | 10/15 | €45,269 | €50,376 | +€5,108 | +11.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €17,634 | €22,741 | +€5,108 | +29.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €15,155 | €20,262 | +€5,108 | +33.7% |
| Profit (loss) carried forward | 14 | €2,846 | €2,846 | = | 0.0% |
| Amounts payable | 17/49 | €16,887 | €15,973 | -€914 | -5.4% |
| Amounts payable within one year | 42/48 | €16,887 | €15,973 | -€914 | -5.4% |
| Trade debts | 44 | €2,525 | €673 | -€1,851 | -73.3% |
| Suppliers | 440/4 | €2,525 | €673 | -€1,851 | -73.3% |
| Taxes, remuneration and social security | 45 | €1,437 | €2,556 | +€1,119 | +77.9% |
| Taxes | 450/3 | €1,437 | €2,556 | +€1,119 | +77.9% |
| Other amounts payable | 47/48 | €12,926 | €12,743 | -€182 | -1.4% |
| Other operating charges | 640/8 | €668 | €1,490 | +€823 | +123.2% |
| Gross operating margin | 9900 | €6,439 | €9,161 | +€2,722 | +42.3% |
| Operating profit (loss) | 9901 | €5,771 | €7,671 | +€1,899 | +32.9% |
| Financial income | 75/76B | €15 | €14 | -€1 | -6.5% |
| Recurring financial income | 75 | €15 | €14 | -€1 | -6.5% |
| Financial charges | 65/66B | -€11 | €21 | +€32 | |
| Recurring financial charges | 65 | -€11 | €21 | +€32 | |
| Profit (loss) for the period before taxes | 9903 | €5,797 | €7,664 | +€1,866 | +32.2% |
| Income taxes | 67/77 | €527 | €2,556 | +€2,029 | +385.0% |
| Profit (loss) for the period | 9904 | €5,270 | €5,108 | -€163 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,270 | €5,108 | -€163 | -3.1% |
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 9 October 2026 via checked.be.