Via 73: 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 73
Largest movements
- Receivables within one year +€147,522
up €147,522 (+30.5%), from €483,843 to €631,365
of which Trade receivables: +€112,382
- Tangible fixed assets -€16,721
down €16,721 (-36.1%), from €46,265 to €29,544
of which Plant, machinery and equipment: -€13,065
- Cash +€11,600
up €11,600 (+123%), from €9,442 to €21,043
mainly Net result for the year (+€95,340) and Advances received (+€65,669)
- Reserves +€95,340
up €95,340 (+21.9%), from €436,304 to €531,644
- Advances received +€65,669
new in 2025: €65,669
- Tax, wage and social debts -€26,994
down €26,994 (-47.7%), from €56,559 to €29,565
of which Taxes: -€28,987
- Trade debts +€14,682
up €14,682 (+58.4%), from €25,140 to €39,822
- Debts after one year -€9,744
down €9,744 (-44.9%), from €21,689 to €11,945
- Gross operating margin +€73,495
up €73,495 (+59.9%), from €122,754 to €196,249
- Taxes -€34,037
down €34,037 (-69.9%), from €48,674 to €14,637
- Financial income +€17,289
up €17,289 (+57,630,533%), from €0 to €17,289
- Depreciation +€2,465
up €2,465 (+13.5%), from €18,302 to €20,767
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 | €554,961 | €694,348 | +€139,387 | +25.1% |
| Fixed assets | 21/28 | €61,676 | €41,941 | -€19,735 | -32.0% |
| Intangible fixed assets | 21 | €15,071 | €12,057 | -€3,014 | -20.0% |
| Tangible fixed assets | 22/27 | €46,265 | €29,544 | -€16,721 | -36.1% |
| Plant, machinery and equipment | 23 | €37,377 | €24,312 | -€13,065 | -35.0% |
| Furniture and vehicles | 24 | €8,888 | €5,233 | -€3,656 | -41.1% |
| Financial fixed assets | 28 | €340 | €340 | = | 0.0% |
| Current assets | 29/58 | €493,285 | €652,407 | +€159,122 | +32.3% |
| Amounts receivable within one year | 40/41 | €483,843 | €631,365 | +€147,522 | +30.5% |
| Trade receivables | 40 | €179,326 | €291,708 | +€112,382 | +62.7% |
| Other amounts receivable | 41 | €304,517 | €339,657 | +€35,140 | +11.5% |
| Cash at bank and in hand | 54/58 | €9,442 | €21,043 | +€11,600 | +123% |
| Total equity and liabilities | 10/49 | €554,961 | €694,348 | +€139,387 | +25.1% |
| Equity | 10/15 | €442,264 | €537,604 | +€95,340 | +21.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €436,304 | €531,644 | +€95,340 | +21.9% |
| Distributable reserves | 133 | €436,304 | €531,644 | +€95,340 | +21.9% |
| Profit (loss) carried forward | 14 | -€240 | -€240 | = | 0.0% |
| Amounts payable | 17/49 | €112,697 | €156,745 | +€44,048 | +39.1% |
| Amounts payable after more than one year | 17 | €21,689 | €11,945 | -€9,744 | -44.9% |
| Financial debts | 170/4 | €21,689 | €11,945 | -€9,744 | -44.9% |
| Amounts payable within one year | 42/48 | €91,008 | €144,800 | +€53,792 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €9,309 | €9,744 | +€435 | +4.7% |
| Trade debts | 44 | €25,140 | €39,822 | +€14,682 | +58.4% |
| Suppliers | 440/4 | €25,140 | €39,822 | +€14,682 | +58.4% |
| Advances received on contracts in progress | 46 | - | €65,669 | +€65,669 | |
| Taxes, remuneration and social security | 45 | €56,559 | €29,565 | -€26,994 | -47.7% |
| Taxes | 450/3 | €38,521 | €9,534 | -€28,987 | -75.2% |
| Remuneration and social security | 454/9 | €18,038 | €20,031 | +€1,993 | +11.0% |
| Remuneration, social security and pensions | 62 | €78,289 | €77,923 | -€366 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,302 | €20,767 | +€2,465 | +13.5% |
| Other operating charges | 640/8 | €2,743 | €2,242 | -€500 | -18.2% |
| Gross operating margin | 9900 | €122,754 | €196,249 | +€73,495 | +59.9% |
| Operating profit (loss) | 9901 | €23,419 | €95,316 | +€71,896 | +307% |
| Financial income | 75/76B | €0 | €17,289 | +€17,289 | +57,630,533% |
| Recurring financial income | 75 | €0 | €17,289 | +€17,289 | +57,630,533% |
| Financial charges | 65/66B | €2,859 | €2,628 | -€231 | -8.1% |
| Recurring financial charges | 65 | €2,859 | €2,628 | -€231 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €20,560 | €109,977 | +€89,416 | +435% |
| Income taxes | 67/77 | €48,674 | €14,637 | -€34,037 | -69.9% |
| Profit (loss) for the period | 9904 | -€28,114 | €95,340 | +€123,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,114 | €95,340 | +€123,453 |
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 23 October 2026 via checked.be.