VIA: 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.
VIA
Largest movements
- Cash -€39,788
down €39,788 (-37.6%), from €105,780 to €65,992
mainly Contributions, distributions and other (-€67,941) and Debts after one year (-€12,239)
- Tangible fixed assets -€15,273
down €15,273 (-20.6%), from €73,985 to €58,712
of which Furniture and vehicles: -€11,906
- Reserves -€43,397
down €43,397 (-26.2%), from €165,386 to €121,989
of which Distributable reserves: -€43,397
- Debts after one year -€12,239
down €12,239 (-38.7%), from €31,615 to €19,376
- Gross operating margin -€14,817
down €14,817 (-19.9%), from €74,584 to €59,767
- Taxes -€4,126
down €4,126 (-28.6%), from €14,441 to €10,314
- Depreciation +€867
up €867 (+4.1%), from €21,126 to €21,993
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 | €248,019 | €194,462 | -€53,557 | -21.6% |
| Fixed assets | 21/28 | €74,055 | €58,781 | -€15,273 | -20.6% |
| Tangible fixed assets | 22/27 | €73,985 | €58,712 | -€15,273 | -20.6% |
| Land and buildings | 22 | €9,380 | €7,927 | -€1,453 | -15.5% |
| Plant, machinery and equipment | 23 | €1,930 | €15 | -€1,915 | -99.2% |
| Furniture and vehicles | 24 | €62,676 | €50,770 | -€11,906 | -19.0% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €173,964 | €135,681 | -€38,284 | -22.0% |
| Amounts receivable within one year | 40/41 | €15,442 | €15,735 | +€293 | +1.9% |
| Trade receivables | 40 | €15,442 | €15,735 | +€293 | +1.9% |
| Current investments | 50/53 | €51,188 | €52,013 | +€824 | +1.6% |
| Cash at bank and in hand | 54/58 | €105,780 | €65,992 | -€39,788 | -37.6% |
| Deferred charges and accrued income | 490/1 | €1,553 | €1,941 | +€388 | +25.0% |
| Total equity and liabilities | 10/49 | €248,019 | €194,462 | -€53,557 | -21.6% |
| Equity | 10/15 | €183,986 | €140,589 | -€43,397 | -23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €165,386 | €121,989 | -€43,397 | -26.2% |
| Tax-exempt reserves | 132 | €5,219 | €5,219 | = | 0.0% |
| Distributable reserves | 133 | €160,167 | €116,770 | -€43,397 | -27.1% |
| Amounts payable | 17/49 | €64,032 | €53,873 | -€10,160 | -15.9% |
| Amounts payable after more than one year | 17 | €31,615 | €19,376 | -€12,239 | -38.7% |
| Financial debts | 170/4 | €31,615 | €19,376 | -€12,239 | -38.7% |
| Amounts payable within one year | 42/48 | €32,417 | €34,496 | +€2,079 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €11,722 | €12,239 | +€516 | +4.4% |
| Trade debts | 44 | €2,909 | €1,382 | -€1,526 | -52.5% |
| Suppliers | 440/4 | €2,909 | €1,382 | -€1,526 | -52.5% |
| Taxes, remuneration and social security | 45 | €13,895 | €15,603 | +€1,708 | +12.3% |
| Taxes | 450/3 | €13,895 | €15,603 | +€1,708 | +12.3% |
| Other amounts payable | 47/48 | €3,892 | €5,272 | +€1,381 | +35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,126 | €21,993 | +€867 | +4.1% |
| Other operating charges | 640/8 | €2,799 | €2,723 | -€75 | -2.7% |
| Gross operating margin | 9900 | €74,584 | €59,767 | -€14,817 | -19.9% |
| Operating profit (loss) | 9901 | €50,660 | €35,051 | -€15,609 | -30.8% |
| Financial income | 75/76B | €1,856 | €1,852 | -€4 | -0.2% |
| Recurring financial income | 75 | €1,856 | €1,852 | -€4 | -0.2% |
| Financial charges | 65/66B | €2,704 | €2,045 | -€659 | -24.4% |
| Recurring financial charges | 65 | €2,704 | €2,045 | -€659 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €49,813 | €34,858 | -€14,955 | -30.0% |
| Income taxes | 67/77 | €14,441 | €10,314 | -€4,126 | -28.6% |
| Profit (loss) for the period | 9904 | €35,372 | €24,544 | -€10,828 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,372 | €24,544 | -€10,828 | -30.6% |
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 16 October 2026 via checked.be.