ViaNova: 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.
ViaNova
Largest movements
- Current investments +€372,608
new in 2025: €372,608
- Cash -€302,125
down €302,125 (-81.8%), from €369,280 to €67,155
mainly Contributions, distributions and other (-€600,000) and Current investments (-€372,608)
- Receivables within one year +€225,791
up €225,791 (+241.0%), from €93,704 to €319,495
of which Other amounts receivable: +€227,558
- Other debts +€602,336
up €602,336, from €0 to €602,336
- Profit (loss) carried forward -€280,937
down €280,937 (-77.5%), from €362,349 to €81,412
- Short-term financial debts -€19,150
down €19,150 (-100.0%), from €19,150 to €0
- Tax, wage and social debts -€13,022
down €13,022 (-58.6%), from €22,218 to €9,196
of which Taxes: -€10,979
- Gross operating margin -€226,340
down €226,340 (-32.2%), from €701,995 to €475,656
- Taxes -€77,969
down €77,969 (-45.8%), from €170,364 to €92,396
- Financial charges +€55,759
up €55,759 (+1080.6%), from €5,160 to €60,919
- Provisions -€41,809
down €41,809 (-87.6%), from €47,718 to €5,909
- Financial income -€20,512
down €20,512 (-66.0%), from €31,057 to €10,545
of which Financial income: -€20,512
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 | €472,260 | €768,240 | +€295,980 | +62.7% |
| Fixed assets | 21/28 | €9,115 | €6,186 | -€2,930 | -32.1% |
| Tangible fixed assets | 22/27 | €6,365 | €3,561 | -€2,805 | -44.1% |
| Furniture and vehicles | 24 | €6,365 | €3,561 | -€2,805 | -44.1% |
| Financial fixed assets | 28 | €2,750 | €2,625 | -€125 | -4.5% |
| Current assets | 29/58 | €463,145 | €762,055 | +€298,910 | +64.5% |
| Amounts receivable within one year | 40/41 | €93,704 | €319,495 | +€225,791 | +241.0% |
| Trade receivables | 40 | €18,934 | €17,167 | -€1,767 | -9.3% |
| Other amounts receivable | 41 | €74,770 | €302,328 | +€227,558 | +304.3% |
| Current investments | 50/53 | - | €372,608 | +€372,608 | |
| Cash at bank and in hand | 54/58 | €369,280 | €67,155 | -€302,125 | -81.8% |
| Deferred charges and accrued income | 490/1 | €160 | €2,797 | +€2,637 | +1648.4% |
| Total equity and liabilities | 10/49 | €472,260 | €768,240 | +€295,980 | +62.7% |
| Equity | 10/15 | €382,809 | €101,872 | -€280,937 | -73.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €362,349 | €81,412 | -€280,937 | -77.5% |
| Provisions and deferred taxes | 16 | €47,718 | €53,628 | +€5,909 | +12.4% |
| Provisions for liabilities and charges | 160/5 | €47,718 | €53,628 | +€5,909 | +12.4% |
| Other liabilities and charges | 164/5 | €47,718 | €53,628 | +€5,909 | +12.4% |
| Amounts payable | 17/49 | €41,733 | €612,741 | +€571,008 | +1368.2% |
| Amounts payable within one year | 42/48 | €41,733 | €612,741 | +€571,008 | +1368.2% |
| Financial debts | 43 | €19,150 | €0 | -€19,150 | -100.0% |
| Credit institutions | 430/8 | €19,150 | €0 | -€19,150 | -100.0% |
| Trade debts | 44 | €365 | €1,209 | +€844 | +231.5% |
| Suppliers | 440/4 | €365 | €1,209 | +€844 | +231.5% |
| Taxes, remuneration and social security | 45 | €22,218 | €9,196 | -€13,022 | -58.6% |
| Taxes | 450/3 | €20,175 | €9,196 | -€10,979 | -54.4% |
| Remuneration and social security | 454/9 | €2,044 | €0 | -€2,044 | -100.0% |
| Other amounts payable | 47/48 | €0 | €602,336 | +€602,336 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,368 | - | -€1,368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,516 | €2,805 | +€1,288 | +85.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €47,718 | €5,909 | -€41,809 | -87.6% |
| Other operating charges | 640/8 | €5,945 | €5,110 | -€835 | -14.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €701,995 | €475,656 | -€226,340 | -32.2% |
| Operating profit (loss) | 9901 | €646,815 | €461,832 | -€184,983 | -28.6% |
| Financial income | 75/76B | €31,057 | €10,545 | -€20,512 | -66.0% |
| Recurring financial income | 75 | €31,057 | €10,545 | -€20,512 | -66.0% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €5,160 | €60,919 | +€55,759 | +1080.6% |
| Recurring financial charges | 65 | €5,160 | €60,919 | +€55,759 | +1080.6% |
| Profit (loss) for the period before taxes | 9903 | €672,713 | €411,459 | -€261,254 | -38.8% |
| Income taxes | 67/77 | €170,364 | €92,396 | -€77,969 | -45.8% |
| Profit (loss) for the period | 9904 | €502,349 | €319,063 | -€183,286 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €502,349 | €319,063 | -€183,286 | -36.5% |
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 12 October 2026 via checked.be.