VIAENE: 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.
VIAENE
Largest movements
- Tangible fixed assets -€40,188
down €40,188 (-32.1%), from €125,151 to €84,963
of which Furniture and vehicles: -€20,891
- Cash +€22,605
up €22,605 (+36.2%), from €62,440 to €85,045
mainly Depreciation (+€41,554) and Other debts (+€5,369)
- Debts after one year -€23,416
down €23,416 (-58.1%), from €40,330 to €16,914
- Other debts +€5,369
up €5,369 (+21.8%), from €24,640 to €30,009
- Trade debts +€4,620
up €4,620 (+92.5%), from €4,993 to €9,614
- Reserves +€4,134
up €4,134 (+3.6%), from €116,352 to €120,486
of which Distributable reserves: +€8,144
- Tax, wage and social debts -€3,585
down €3,585 (-51.5%), from €6,957 to €3,372
- Gross operating margin -€9,596
down €9,596 (-12.8%), from €74,753 to €65,157
- Depreciation +€1,155
up €1,155 (+2.9%), from €40,399 to €41,554
- Financial charges -€821
down €821 (-14.8%), from €5,530 to €4,709
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 | €241,695 | €224,704 | -€16,991 | -7.0% |
| Fixed assets | 21/28 | €131,683 | €91,495 | -€40,188 | -30.5% |
| Tangible fixed assets | 22/27 | €125,151 | €84,963 | -€40,188 | -32.1% |
| Land and buildings | 22 | €21,732 | €20,254 | -€1,479 | -6.8% |
| Plant, machinery and equipment | 23 | €10,154 | €5,987 | -€4,167 | -41.0% |
| Furniture and vehicles | 24 | €47,485 | €26,595 | -€20,891 | -44.0% |
| Leasing and similar rights | 25 | €45,779 | €32,128 | -€13,652 | -29.8% |
| Financial fixed assets | 28 | €6,532 | €6,532 | = | 0.0% |
| Current assets | 29/58 | €110,011 | €133,209 | +€23,197 | +21.1% |
| Amounts receivable within one year | 40/41 | €40,314 | €40,895 | +€582 | +1.4% |
| Trade receivables | 40 | €34,209 | €33,806 | -€403 | -1.2% |
| Other amounts receivable | 41 | €6,105 | €7,089 | +€985 | +16.1% |
| Cash at bank and in hand | 54/58 | €62,440 | €85,045 | +€22,605 | +36.2% |
| Deferred charges and accrued income | 490/1 | €7,258 | €7,268 | +€10 | +0.1% |
| Total equity and liabilities | 10/49 | €241,695 | €224,704 | -€16,991 | -7.0% |
| Equity | 10/15 | €134,944 | €139,078 | +€4,134 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €116,352 | €120,486 | +€4,134 | +3.6% |
| Tax-exempt reserves | 132 | €14,136 | €10,126 | -€4,010 | -28.4% |
| Distributable reserves | 133 | €102,215 | €110,359 | +€8,144 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €3,224 | €2,222 | -€1,003 | -31.1% |
| Deferred taxes | 168 | €3,224 | €2,222 | -€1,003 | -31.1% |
| Amounts payable | 17/49 | €103,527 | €83,404 | -€20,122 | -19.4% |
| Amounts payable after more than one year | 17 | €40,330 | €16,914 | -€23,416 | -58.1% |
| Financial debts | 170/4 | €40,330 | €16,914 | -€23,416 | -58.1% |
| Amounts payable within one year | 42/48 | €63,118 | €66,411 | +€3,293 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €26,528 | €23,416 | -€3,112 | -11.7% |
| Trade debts | 44 | €4,993 | €9,614 | +€4,620 | +92.5% |
| Suppliers | 440/4 | €4,993 | €9,614 | +€4,620 | +92.5% |
| Taxes, remuneration and social security | 45 | €6,957 | €3,372 | -€3,585 | -51.5% |
| Taxes | 450/3 | €6,957 | €3,372 | -€3,585 | -51.5% |
| Other amounts payable | 47/48 | €24,640 | €30,009 | +€5,369 | +21.8% |
| Accrued charges and deferred income | 492/3 | €79 | €79 | +€1 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,399 | €41,554 | +€1,155 | +2.9% |
| Other operating charges | 640/8 | €10,555 | €10,558 | +€3 | 0.0% |
| Gross operating margin | 9900 | €74,753 | €65,157 | -€9,596 | -12.8% |
| Operating profit (loss) | 9901 | €23,799 | €13,046 | -€10,754 | -45.2% |
| Financial income | 75/76B | €63 | €0 | -€63 | -100.0% |
| Recurring financial income | 75 | €63 | €0 | -€63 | -100.0% |
| Financial charges | 65/66B | €5,530 | €4,709 | -€821 | -14.8% |
| Recurring financial charges | 65 | €5,530 | €4,709 | -€821 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €18,332 | €8,337 | -€9,996 | -54.5% |
| Transfer from deferred taxes | 780 | €955 | €1,003 | +€47 | +4.9% |
| Transfer to deferred taxes | 680 | €2,090 | €0 | -€2,090 | -100.0% |
| Income taxes | 67/77 | €3,831 | €4,372 | +€541 | +14.1% |
| Profit (loss) for the period | 9904 | €13,367 | €4,967 | -€8,400 | -62.8% |
| Transfer from tax-exempt reserves | 789 | €3,822 | €4,010 | +€188 | +4.9% |
| Transfer to tax-exempt reserves | 689 | €8,360 | €0 | -€8,360 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,828 | €8,977 | +€149 | +1.7% |
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 3 October 2026 via checked.be.