VIADY: what changed
Two fiscal 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.
VIADY
Largest movements
- Cash +€38,636
up €38,636 (+108.3%), from €35,673 to €74,309
mainly Net result for the year (+€28,986) and Depreciation (+€10,900)
- Receivables within one year -€4,396
down €4,396 (-13.9%), from €31,668 to €27,272
of which Trade receivables: -€10,780
- Reserves +€28,986
up €28,986 (+81.3%), from €35,664 to €64,650
- Other debts +€2,115
up €2,115 (+6.2%), from €33,990 to €36,105
- Trade debts +€1,863
up €1,863 (+49.1%), from €3,795 to €5,658
- Gross operating margin -€13,655
down €13,655 (-21.4%), from €63,707 to €50,052
- Taxes -€6,357
down €6,357 (-42.5%), from €14,972 to €8,615
- Other operating charges -€877
down €877 (-38.1%), from €2,302 to €1,425
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 | €90,719 | €124,405 | +€33,686 | +37.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €23,197 | €21,988 | -€1,209 | -5.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €23,197 | €21,988 | -€1,209 | -5.2% |
| Furniture and vehicles | 24 | €23,197 | €21,988 | -€1,209 | -5.2% |
| Current assets | 29/58 | €67,522 | €102,417 | +€34,895 | +51.7% |
| Amounts receivable within one year | 40/41 | €31,668 | €27,272 | -€4,396 | -13.9% |
| Trade receivables | 40 | €31,639 | €20,859 | -€10,780 | -34.1% |
| Other amounts receivable | 41 | €28 | €6,413 | +€6,385 | +22753.8% |
| Cash at bank and in hand | 54/58 | €35,673 | €74,309 | +€38,636 | +108.3% |
| Deferred charges and accrued income | 490/1 | €181 | €836 | +€655 | +362.1% |
| Total equity and liabilities | 10/49 | €90,719 | €124,405 | +€33,686 | +37.1% |
| Equity | 10/15 | €39,664 | €68,650 | +€28,986 | +73.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €35,664 | €64,650 | +€28,986 | +81.3% |
| Distributable reserves | 133 | €35,664 | €64,650 | +€28,986 | +81.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €51,055 | €55,755 | +€4,700 | +9.2% |
| Amounts payable within one year | 42/48 | €51,055 | €55,755 | +€4,700 | +9.2% |
| Trade debts | 44 | €3,795 | €5,658 | +€1,863 | +49.1% |
| Suppliers | 440/4 | €3,795 | €5,658 | +€1,863 | +49.1% |
| Taxes, remuneration and social security | 45 | €13,270 | €13,992 | +€723 | +5.4% |
| Taxes | 450/3 | €13,270 | €13,992 | +€723 | +5.4% |
| Other amounts payable | 47/48 | €33,990 | €36,105 | +€2,115 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,698 | €10,900 | +€202 | +1.9% |
| Other operating charges | 640/8 | €2,302 | €1,425 | -€877 | -38.1% |
| Gross operating margin | 9900 | €63,707 | €50,052 | -€13,655 | -21.4% |
| Operating profit (loss) | 9901 | €50,707 | €37,727 | -€12,980 | -25.6% |
| Financial income | 75/76B | €7 | €2 | -€5 | -71.9% |
| Recurring financial income | 75 | €7 | €2 | -€5 | -71.9% |
| Financial charges | 65/66B | €78 | €128 | +€50 | +64.9% |
| Recurring financial charges | 65 | €78 | €128 | +€50 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €50,636 | €37,601 | -€13,035 | -25.7% |
| Income taxes | 67/77 | €14,972 | €8,615 | -€6,357 | -42.5% |
| Profit (loss) for the period | 9904 | €35,664 | €28,986 | -€6,678 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,664 | €28,986 | -€6,678 | -18.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.