VIA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Cash -€132,615
down €132,615 (-41.8%), from €317,391 to €184,775
mainly Contributions, distributions and other (-€115,000) and Other debts (-€113,628)
- Tangible fixed assets -€10,538
down €10,538 (-22.8%), from €46,175 to €35,637
of which Furniture and vehicles: -€10,538
- Other debts -€113,628
down €113,628 (-91.0%), from €124,889 to €11,261
- Profit (loss) carried forward -€24,730
down €24,730 (-11.5%), from €214,868 to €190,139
- Debts after one year -€7,519
down €7,519 (-40.1%), from €18,764 to €11,245
- Gross operating margin -€25,668
down €25,668 (-13.4%), from €191,469 to €165,801
- Taxes +€15,502
up €15,502 (+32.9%), from €47,072 to €62,574
- Depreciation +€4,807
up €4,807 (+83.9%), from €5,731 to €10,538
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 | €410,899 | €264,569 | -€146,329 | -35.6% |
| Fixed assets | 21/28 | €46,175 | €35,637 | -€10,538 | -22.8% |
| Tangible fixed assets | 22/27 | €46,175 | €35,637 | -€10,538 | -22.8% |
| Furniture and vehicles | 24 | €46,175 | €35,637 | -€10,538 | -22.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €364,724 | €228,932 | -€135,791 | -37.2% |
| Amounts receivable within one year | 40/41 | €17,333 | €14,157 | -€3,176 | -18.3% |
| Trade receivables | 40 | €17,333 | €14,157 | -€3,176 | -18.3% |
| Current investments | 50/53 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €317,391 | €184,775 | -€132,615 | -41.8% |
| Total equity and liabilities | 10/49 | €410,899 | €264,569 | -€146,329 | -35.6% |
| Equity | 10/15 | €235,328 | €210,599 | -€24,730 | -10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,868 | €190,139 | -€24,730 | -11.5% |
| Amounts payable | 17/49 | €175,570 | €53,971 | -€121,600 | -69.3% |
| Amounts payable after more than one year | 17 | €18,764 | €11,245 | -€7,519 | -40.1% |
| Financial debts | 170/4 | €18,764 | €11,245 | -€7,519 | -40.1% |
| Amounts payable within one year | 42/48 | €156,807 | €42,726 | -€114,081 | -72.8% |
| Current portion of amounts payable after more than one year | 42 | €7,189 | €7,519 | +€330 | +4.6% |
| Trade debts | 44 | €750 | €372 | -€378 | -50.3% |
| Suppliers | 440/4 | €750 | €372 | -€378 | -50.3% |
| Taxes, remuneration and social security | 45 | €23,979 | €23,573 | -€405 | -1.7% |
| Taxes | 450/3 | €23,979 | €23,573 | -€405 | -1.7% |
| Other amounts payable | 47/48 | €124,889 | €11,261 | -€113,628 | -91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,731 | €10,538 | +€4,807 | +83.9% |
| Other operating charges | 640/8 | €1,144 | €1,101 | -€43 | -3.8% |
| Gross operating margin | 9900 | €191,469 | €165,801 | -€25,668 | -13.4% |
| Operating profit (loss) | 9901 | €184,594 | €154,163 | -€30,431 | -16.5% |
| Financial charges | 65/66B | €1,064 | €1,318 | +€254 | +23.9% |
| Recurring financial charges | 65 | €1,064 | €1,318 | +€254 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €183,530 | €152,845 | -€30,685 | -16.7% |
| Income taxes | 67/77 | €47,072 | €62,574 | +€15,502 | +32.9% |
| Profit (loss) for the period | 9904 | €136,458 | €90,270 | -€46,188 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €136,458 | €90,270 | -€46,188 | -33.8% |
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 20 October 2026 via checked.be.