Vialex Properties: 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.
Vialex Properties
Largest movements
- Current investments +€20,006
up €20,006 (+558813.1%), from €4 to €20,009
- Cash -€17,139
down €17,139 (-57.3%), from €29,930 to €12,791
mainly Contributions, distributions and other (-€31,000) and Current investments (-€20,006)
- Tangible fixed assets -€13,783
down €13,783 (-24.1%), from €57,118 to €43,335
of which Furniture and vehicles: -€13,087
- Receivables within one year -€6,153
down €6,153 (-96.7%), from €6,360 to €207
of which Trade receivables: -€4,081
- Other debts -€6,271
down €6,271 (-9.0%), from €69,807 to €63,537
- Profit (loss) carried forward -€5,946
down €5,946 (-54.1%), from €10,997 to €5,051
- Tax, wage and social debts -€3,612
down €3,612 (-52.1%), from €6,929 to €3,317
of which Taxes: -€3,612
- Trade debts -€1,172
down €1,172 (-42.8%), from €2,739 to €1,568
- Gross operating margin +€20,936
up €20,936 (+67.4%), from €31,072 to €52,008
- Taxes +€6,035
up €6,035 (+160.6%), from €3,758 to €9,793
- Other operating charges +€640
up €640 (+85.6%), from €747 to €1,387
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 | €94,542 | €77,542 | -€17,000 | -18.0% |
| Fixed assets | 21/28 | €57,118 | €43,335 | -€13,783 | -24.1% |
| Tangible fixed assets | 22/27 | €57,118 | €43,335 | -€13,783 | -24.1% |
| Plant, machinery and equipment | 23 | €2,677 | €1,981 | -€696 | -26.0% |
| Furniture and vehicles | 24 | €54,441 | €41,354 | -€13,087 | -24.0% |
| Current assets | 29/58 | €37,424 | €34,206 | -€3,218 | -8.6% |
| Amounts receivable within one year | 40/41 | €6,360 | €207 | -€6,153 | -96.7% |
| Trade receivables | 40 | €4,081 | - | -€4,081 | |
| Other amounts receivable | 41 | €2,279 | €207 | -€2,072 | -90.9% |
| Current investments | 50/53 | €4 | €20,009 | +€20,006 | +558813.1% |
| Cash at bank and in hand | 54/58 | €29,930 | €12,791 | -€17,139 | -57.3% |
| Deferred charges and accrued income | 490/1 | €1,131 | €1,199 | +€69 | +6.1% |
| Total equity and liabilities | 10/49 | €94,542 | €77,542 | -€17,000 | -18.0% |
| Equity | 10/15 | €15,066 | €9,121 | -€5,946 | -39.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,070 | €2,070 | = | 0.0% |
| Distributable reserves | 133 | €2,070 | €2,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,997 | €5,051 | -€5,946 | -54.1% |
| Amounts payable | 17/49 | €79,476 | €68,421 | -€11,055 | -13.9% |
| Amounts payable within one year | 42/48 | €79,476 | €68,421 | -€11,055 | -13.9% |
| Trade debts | 44 | €2,739 | €1,568 | -€1,172 | -42.8% |
| Suppliers | 440/4 | €2,739 | €1,568 | -€1,172 | -42.8% |
| Taxes, remuneration and social security | 45 | €6,929 | €3,317 | -€3,612 | -52.1% |
| Taxes | 450/3 | €5,479 | €1,867 | -€3,612 | -65.9% |
| Remuneration and social security | 454/9 | €1,450 | €1,450 | = | 0.0% |
| Other amounts payable | 47/48 | €69,807 | €63,537 | -€6,271 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,481 | €15,686 | +€206 | +1.3% |
| Other operating charges | 640/8 | €747 | €1,387 | +€640 | +85.6% |
| Gross operating margin | 9900 | €31,072 | €52,008 | +€20,936 | +67.4% |
| Operating profit (loss) | 9901 | €14,844 | €34,935 | +€20,090 | +135.3% |
| Financial charges | 65/66B | €90 | €88 | -€2 | -2.4% |
| Recurring financial charges | 65 | €90 | €88 | -€2 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €14,754 | €34,847 | +€20,093 | +136.2% |
| Income taxes | 67/77 | €3,758 | €9,793 | +€6,035 | +160.6% |
| Profit (loss) for the period | 9904 | €10,997 | €25,054 | +€14,058 | +127.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,997 | €25,054 | +€14,058 | +127.8% |
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 10 October 2026 via checked.be.