VIA SIEMES: 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 SIEMES
Largest movements
- Tangible fixed assets +€33,375
up €33,375 (+5.4%), from €618,745 to €652,120
of which Furniture and vehicles: +€63,998
- Receivables within one year -€14,900
down €14,900 (-20.5%), from €72,851 to €57,951
of which Other amounts receivable: -€14,022
- Cash +€10,195
up €10,195 (+319%), from €3,194 to €13,388
mainly Other debts (+€60,525) and Depreciation (+€55,025)
- Other debts +€60,525
up €60,525 (+202%), from €29,975 to €90,501
- Current portion of long-term debt -€28,659
down €28,659 (-72.3%), from €39,621 to €10,962
- Reserves +€12,671
up €12,671 (+2.5%), from €514,980 to €527,651
- Debts after one year -€10,962
down €10,962 (-20.4%), from €53,797 to €42,835
of which Financial debts: -€10,962
- Financial charges -€11,486
down €11,486 (-86.8%), from €13,231 to €1,745
- Other operating charges +€10,536
up €10,536 (+114%), from €9,228 to €19,764
- Taxes -€8,108
down €8,108 (-61.0%), from €13,287 to €5,179
- Depreciation +€7,997
up €7,997 (+17.0%), from €47,028 to €55,025
- Gross operating margin +€2,801
up €2,801 (+3.1%), from €91,583 to €94,383
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 | €699,569 | €730,746 | +€31,177 | +4.5% |
| Fixed assets | 21/28 | €618,745 | €652,120 | +€33,375 | +5.4% |
| Tangible fixed assets | 22/27 | €618,745 | €652,120 | +€33,375 | +5.4% |
| Land and buildings | 22 | €581,553 | €550,930 | -€30,623 | -5.3% |
| Furniture and vehicles | 24 | €37,191 | €101,190 | +€63,998 | +172% |
| Current assets | 29/58 | €80,824 | €78,626 | -€2,198 | -2.7% |
| Amounts receivable within one year | 40/41 | €72,851 | €57,951 | -€14,900 | -20.5% |
| Trade receivables | 40 | €12,978 | €12,100 | -€878 | -6.8% |
| Other amounts receivable | 41 | €59,873 | €45,851 | -€14,022 | -23.4% |
| Cash at bank and in hand | 54/58 | €3,194 | €13,388 | +€10,195 | +319% |
| Deferred charges and accrued income | 490/1 | €4,780 | €7,287 | +€2,507 | +52.5% |
| Total equity and liabilities | 10/49 | €699,569 | €730,746 | +€31,177 | +4.5% |
| Equity | 10/15 | €565,530 | €578,201 | +€12,671 | +2.2% |
| Contributions | 10/11 | €50,550 | €50,550 | = | 0.0% |
| Reserves | 13 | €514,980 | €527,651 | +€12,671 | +2.5% |
| Distributable reserves | 133 | €514,980 | €527,651 | +€12,671 | +2.5% |
| Amounts payable | 17/49 | €134,039 | €152,545 | +€18,506 | +13.8% |
| Amounts payable after more than one year | 17 | €53,797 | €42,835 | -€10,962 | -20.4% |
| Financial debts | 170/4 | €50,047 | €39,085 | -€10,962 | -21.9% |
| Other amounts payable | 178/9 | €3,750 | €3,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €80,242 | €109,710 | +€29,468 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €39,621 | €10,962 | -€28,659 | -72.3% |
| Trade debts | 44 | €5,240 | €4,738 | -€502 | -9.6% |
| Suppliers | 440/4 | €5,240 | €4,738 | -€502 | -9.6% |
| Taxes, remuneration and social security | 45 | €5,405 | €3,509 | -€1,896 | -35.1% |
| Taxes | 450/3 | €5,405 | €3,509 | -€1,896 | -35.1% |
| Other amounts payable | 47/48 | €29,975 | €90,501 | +€60,525 | +202% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,028 | €55,025 | +€7,997 | +17.0% |
| Other operating charges | 640/8 | €9,228 | €19,764 | +€10,536 | +114% |
| Gross operating margin | 9900 | €91,583 | €94,383 | +€2,801 | +3.1% |
| Operating profit (loss) | 9901 | €35,327 | €19,595 | -€15,732 | -44.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €13,231 | €1,745 | -€11,486 | -86.8% |
| Recurring financial charges | 65 | €13,231 | €1,745 | -€11,486 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €22,096 | €17,850 | -€4,247 | -19.2% |
| Income taxes | 67/77 | €13,287 | €5,179 | -€8,108 | -61.0% |
| Profit (loss) for the period | 9904 | €8,809 | €12,671 | +€3,862 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,809 | €12,671 | +€3,862 | +43.8% |
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 28 October 2026 via checked.be.