VIASSUR: 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.
VIASSUR
Largest movements
- Cash -€380,932
down €380,932 (-65.6%), from €580,615 to €199,683
mainly Current investments (-€350,000) and Investment in fixed assets (net) (-€189,119)
- Current investments +€350,000
new in 2025: €350,000
- Tangible fixed assets +€155,868
up €155,868 (+269%), from €57,956 to €213,824
of which Furniture and vehicles: +€148,203
- Other debts +€61,250
up €61,250 (+46.8%), from €130,761 to €192,011
- Reserves +€39,763
up €39,763 (+7.9%), from €503,885 to €543,648
- Trade debts +€8,569
up €8,569 (+115%), from €7,425 to €15,994
- Gross operating margin +€13,320
up €13,320 (+4.2%), from €317,851 to €331,171
- Depreciation -€4,985
down €4,985 (-12.6%), from €39,484 to €34,499
- Taxes -€4,649
down €4,649 (-7.9%), from €59,047 to €54,398
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 | €666,215 | €784,779 | +€118,564 | +17.8% |
| Fixed assets | 21/28 | €65,631 | €220,251 | +€154,620 | +236% |
| Intangible fixed assets | 21 | €7,675 | €6,427 | -€1,248 | -16.3% |
| Tangible fixed assets | 22/27 | €57,956 | €213,824 | +€155,868 | +269% |
| Plant, machinery and equipment | 23 | €10,567 | €9,361 | -€1,206 | -11.4% |
| Furniture and vehicles | 24 | €22,294 | €170,497 | +€148,203 | +665% |
| Other tangible fixed assets | 26 | €25,095 | €33,967 | +€8,871 | +35.3% |
| Current assets | 29/58 | €600,584 | €564,528 | -€36,056 | -6.0% |
| Amounts receivable within one year | 40/41 | €6,707 | - | -€6,707 | |
| Other amounts receivable | 41 | €6,707 | - | -€6,707 | |
| Current investments | 50/53 | - | €350,000 | +€350,000 | |
| Cash at bank and in hand | 54/58 | €580,615 | €199,683 | -€380,932 | -65.6% |
| Deferred charges and accrued income | 490/1 | €13,262 | €14,845 | +€1,583 | +11.9% |
| Total equity and liabilities | 10/49 | €666,215 | €784,779 | +€118,564 | +17.8% |
| Equity | 10/15 | €518,885 | €558,648 | +€39,763 | +7.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €503,885 | €543,648 | +€39,763 | +7.9% |
| Distributable reserves | 133 | €503,885 | €543,648 | +€39,763 | +7.9% |
| Amounts payable | 17/49 | €147,330 | €226,131 | +€78,801 | +53.5% |
| Amounts payable within one year | 42/48 | €146,516 | €223,313 | +€76,796 | +52.4% |
| Trade debts | 44 | €7,425 | €15,994 | +€8,569 | +115% |
| Suppliers | 440/4 | €7,425 | €15,994 | +€8,569 | +115% |
| Taxes, remuneration and social security | 45 | €8,330 | €15,307 | +€6,977 | +83.8% |
| Taxes | 450/3 | €2,240 | €8,955 | +€6,716 | +300% |
| Remuneration and social security | 454/9 | €6,091 | €6,352 | +€261 | +4.3% |
| Other amounts payable | 47/48 | €130,761 | €192,011 | +€61,250 | +46.8% |
| Accrued charges and deferred income | 492/3 | €814 | €2,818 | +€2,005 | +246% |
| Non-recurring operating income | 76A | - | €32,000 | +€32,000 | |
| Remuneration, social security and pensions | 62 | €103,277 | €103,558 | +€281 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,484 | €34,499 | -€4,985 | -12.6% |
| Other operating charges | 640/8 | €3,219 | €979 | -€2,240 | -69.6% |
| Gross operating margin | 9900 | €317,851 | €331,171 | +€13,320 | +4.2% |
| Operating profit (loss) | 9901 | €171,871 | €192,135 | +€20,264 | +11.8% |
| Financial income | 75/76B | €479 | €2,907 | +€2,428 | +507% |
| Recurring financial income | 75 | €479 | €2,907 | +€2,428 | +507% |
| Financial charges | 65/66B | €7,613 | €8,777 | +€1,164 | +15.3% |
| Recurring financial charges | 65 | €7,613 | €8,777 | +€1,164 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €164,737 | €186,265 | +€21,528 | +13.1% |
| Income taxes | 67/77 | €59,047 | €54,398 | -€4,649 | -7.9% |
| Profit (loss) for the period | 9904 | €105,691 | €131,867 | +€26,177 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €105,691 | €131,867 | +€26,177 | +24.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.