VIA PLAZA: what changed
VIA PLAZA
Largest movements
- Receivables after one year +€805,000
new in 2025: €805,000
- Receivables within one year -€617,588
down €617,588 (-37.1%), from €1.7m to €1.0m
of which Other amounts receivable: -€865,400
- Cash +€227,385
up €227,385 (+639%), from €35,593 to €262,978
mainly Receivables within one year (+€617,588) and Net result for the year (+€441,109)
- Financial fixed assets -€75,000
down €75,000 (-25.0%), from €300,001 to €225,001
- Deferred charges and accrued income -€30,000
down €30,000 (-37.5%), from €80,000 to €50,000
- Reserves +€441,109
up €441,109 (+35.0%), from €1.3m to €1.7m
- Tax, wage and social debts -€128,925
down €128,925 (-46.5%), from €277,492 to €148,567
of which Taxes: -€121,036
- Trade debts -€39,125
down €39,125 (-27.5%), from €142,278 to €103,152
- Other debts +€35,359
up €35,359 (+35.3%), from €100,085 to €135,444
- Gross operating margin -€137,130
down €137,130 (-16.7%), from €819,719 to €682,589
- Financial charges +€59,756
up €59,756 (+8,592%), from €695 to €60,451
of which Non-recurring financial charges: +€60,000
- Taxes -€49,271
down €49,271 (-24.2%), from €203,971 to €154,701
- Staff costs -€31,028
down €31,028 (-99.9%), from €31,052 to €24
- Other operating charges -€14,801
down €14,801 (-37.1%), from €39,945 to €25,144
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,090,999 | €2,399,418 | +€308,418 | +14.7% |
| Fixed assets | 21/28 | €309,859 | €233,482 | -€76,378 | -24.6% |
| Tangible fixed assets | 22/27 | €9,858 | €8,481 | -€1,378 | -14.0% |
| Plant, machinery and equipment | 23 | €8,664 | €7,554 | -€1,109 | -12.8% |
| Furniture and vehicles | 24 | €1,195 | €926 | -€268 | -22.5% |
| Financial fixed assets | 28 | €300,001 | €225,001 | -€75,000 | -25.0% |
| Current assets | 29/58 | €1,781,140 | €2,165,936 | +€384,796 | +21.6% |
| Amounts receivable after more than one year | 29 | - | €805,000 | +€805,000 | |
| Other amounts receivable | 291 | - | €805,000 | +€805,000 | |
| Amounts receivable within one year | 40/41 | €1,665,546 | €1,047,958 | -€617,588 | -37.1% |
| Trade receivables | 40 | €191,176 | €438,988 | +€247,812 | +130% |
| Other amounts receivable | 41 | €1,474,370 | €608,970 | -€865,400 | -58.7% |
| Cash at bank and in hand | 54/58 | €35,593 | €262,978 | +€227,385 | +639% |
| Deferred charges and accrued income | 490/1 | €80,000 | €50,000 | -€30,000 | -37.5% |
| Total equity and liabilities | 10/49 | €2,090,999 | €2,399,418 | +€308,418 | +14.7% |
| Equity | 10/15 | €1,571,145 | €2,012,254 | +€441,109 | +28.1% |
| Contributions | 10/11 | €312,000 | €312,000 | = | 0.0% |
| Capital | 10 | €312,000 | €312,000 | = | 0.0% |
| Issued capital | 100 | €312,000 | €312,000 | = | 0.0% |
| Reserves | 13 | €1,259,145 | €1,700,254 | +€441,109 | +35.0% |
| Distributable reserves | 133 | €1,259,145 | €1,700,254 | +€441,109 | +35.0% |
| Amounts payable | 17/49 | €519,854 | €387,164 | -€132,691 | -25.5% |
| Amounts payable within one year | 42/48 | €519,854 | €387,164 | -€132,691 | -25.5% |
| Trade debts | 44 | €142,278 | €103,152 | -€39,125 | -27.5% |
| Suppliers | 440/4 | €142,278 | €103,152 | -€39,125 | -27.5% |
| Taxes, remuneration and social security | 45 | €277,492 | €148,567 | -€128,925 | -46.5% |
| Taxes | 450/3 | €269,604 | €148,567 | -€121,036 | -44.9% |
| Remuneration and social security | 454/9 | €7,888 | - | -€7,888 | |
| Other amounts payable | 47/48 | €100,085 | €135,444 | +€35,359 | +35.3% |
| Remuneration, social security and pensions | 62 | €31,052 | €24 | -€31,028 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €1,378 | +€881 | +178% |
| Other operating charges | 640/8 | €39,945 | €25,144 | -€14,801 | -37.1% |
| Gross operating margin | 9900 | €819,719 | €682,589 | -€137,130 | -16.7% |
| Operating profit (loss) | 9901 | €748,225 | €656,043 | -€92,182 | -12.3% |
| Financial income | 75/76B | - | €218 | +€218 | |
| Recurring financial income | 75 | - | €218 | +€218 | |
| Financial charges | 65/66B | €695 | €60,451 | +€59,756 | +8,592% |
| Recurring financial charges | 65 | €695 | €451 | -€244 | -35.1% |
| Non-recurring financial charges | 66B | - | €60,000 | +€60,000 | |
| Profit (loss) for the period before taxes | 9903 | €747,530 | €595,810 | -€151,720 | -20.3% |
| Income taxes | 67/77 | €203,971 | €154,701 | -€49,271 | -24.2% |
| Profit (loss) for the period | 9904 | €543,558 | €441,109 | -€102,449 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €543,558 | €441,109 | -€102,449 | -18.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.