VIA EX: 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 EX
Largest movements
- Cash -€522,638
down €522,638 (-80.9%), from €646,412 to €123,774
mainly Current portion of long-term debt (-€986,122) and Trade debts (-€106,670)
- Tangible fixed assets -€163,295
down €163,295 (-2.3%), from €7.0m to €6.8m
- Current portion of long-term debt -€986,122
down €986,122 (-90.0%), from €1.1m to €109,114
- Reserves +€421,525
up €421,525 (+73.1%), from €577,014 to €998,539
of which Tax-exempt reserves: +€421,525
- Profit (loss) carried forward -€160,781
down €160,781 (-1018.4%), from -€15,787 to -€176,569
- Debts after one year +€141,807
up €141,807 (+2.4%), from €5.8m to €6.0m
of which Financial debts: +€141,627
- Trade debts -€106,670
down €106,670 (-90.6%), from €117,780 to €11,111
- Gross operating margin -€250,328
down €250,328 (-25.2%), from €991,614 to €741,286
- Purchases and services -€64,237
down €64,237 (-75.2%), from €85,450 to €21,213
- Financial charges +€20,563
up €20,563 (+13.0%), from €158,093 to €178,655
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 | €7,642,025 | €6,955,490 | -€686,535 | -9.0% |
| Fixed assets | 21/28 | €6,983,632 | €6,813,937 | -€169,695 | -2.4% |
| Tangible fixed assets | 22/27 | €6,977,232 | €6,813,937 | -€163,295 | -2.3% |
| Land and buildings | 22 | €6,977,232 | €6,813,937 | -€163,295 | -2.3% |
| Financial fixed assets | 28 | €6,400 | - | -€6,400 | |
| Current assets | 29/58 | €658,393 | €141,553 | -€516,840 | -78.5% |
| Amounts receivable after more than one year | 29 | €2,121 | - | -€2,121 | |
| Other amounts receivable | 291 | €2,121 | - | -€2,121 | |
| Amounts receivable within one year | 40/41 | €1,015 | - | -€1,015 | |
| Other amounts receivable | 41 | €1,015 | - | -€1,015 | |
| Current investments | 50/53 | €8,762 | €8,950 | +€188 | +2.1% |
| Cash at bank and in hand | 54/58 | €646,412 | €123,774 | -€522,638 | -80.9% |
| Deferred charges and accrued income | 490/1 | €83 | €8,829 | +€8,746 | +10540.0% |
| Total equity and liabilities | 10/49 | €7,642,025 | €6,955,490 | -€686,535 | -9.0% |
| Equity | 10/15 | €579,844 | €840,587 | +€260,744 | +45.0% |
| Contributions | 10/11 | €18,617 | €18,617 | = | 0.0% |
| Reserves | 13 | €577,014 | €998,539 | +€421,525 | +73.1% |
| Non-distributable reserves | 130/1 | €1,862 | €1,862 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,862 | €1,862 | = | 0.0% |
| Tax-exempt reserves | 132 | €575,152 | €996,678 | +€421,525 | +73.3% |
| Profit (loss) carried forward | 14 | -€15,787 | -€176,569 | -€160,781 | -1018.4% |
| Amounts payable | 17/49 | €7,062,181 | €6,114,903 | -€947,278 | -13.4% |
| Amounts payable after more than one year | 17 | €5,849,165 | €5,990,972 | +€141,807 | +2.4% |
| Financial debts | 170/4 | €5,843,865 | €5,985,492 | +€141,627 | +2.4% |
| Other amounts payable | 178/9 | €5,300 | €5,480 | +€180 | +3.4% |
| Amounts payable within one year | 42/48 | €1,213,016 | €120,224 | -€1.1m | -90.1% |
| Current portion of amounts payable after more than one year | 42 | €1,095,235 | €109,114 | -€986,122 | -90.0% |
| Trade debts | 44 | €117,780 | €11,111 | -€106,670 | -90.6% |
| Suppliers | 440/4 | €117,780 | €11,111 | -€106,670 | -90.6% |
| Accrued charges and deferred income | 492/3 | - | €3,706 | +€3,706 | |
| Turnover | 70 | €296,182 | €303,219 | +€7,037 | +2.4% |
| Non-recurring operating income | 76A | €579,986 | €452,301 | -€127,685 | -22.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €85,450 | €21,213 | -€64,237 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €258,226 | €260,947 | +€2,721 | +1.1% |
| Other operating charges | 640/8 | €37,420 | €41,020 | +€3,600 | +9.6% |
| Gross operating margin | 9900 | €991,614 | €741,286 | -€250,328 | -25.2% |
| Operating profit (loss) | 9901 | €695,968 | €439,319 | -€256,649 | -36.9% |
| Financial income | 75/76B | €193 | €80 | -€112 | -58.3% |
| Recurring financial income | 75 | €193 | €80 | -€112 | -58.3% |
| Financial charges | 65/66B | €158,093 | €178,655 | +€20,563 | +13.0% |
| Recurring financial charges | 65 | €158,093 | €178,655 | +€20,563 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €538,068 | €260,744 | -€277,324 | -51.5% |
| Profit (loss) for the period | 9904 | €538,068 | €260,744 | -€277,324 | -51.5% |
| Transfer from tax-exempt reserves | 789 | €4,833 | €30,637 | +€25,804 | +533.9% |
| Transfer to tax-exempt reserves | 689 | €579,986 | €452,162 | -€127,823 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,085 | -€160,781 | -€123,697 | -333.6% |
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 10 October 2026 via checked.be.