Viatinera: 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.
Viatinera
Largest movements
- Current investments +€107,882
up €107,882 (+53.9%), from €200,000 to €307,882
- Cash -€82,774
down €82,774 (-36.9%), from €224,367 to €141,593
mainly Contributions, distributions and other (-€587,917) and Current investments (-€107,882)
- Other debts +€483,813
up €483,813 (+11,812%), from €4,096 to €487,908
- Reserves -€408,968
down €408,968 (-96.2%), from €424,968 to €16,000
- Tax, wage and social debts -€48,349
down €48,349 (-75.5%), from €64,060 to €15,711
of which Taxes: -€48,349
- Gross operating margin +€9,992
up €9,992 (+4.4%), from €227,343 to €237,335
- Financial charges +€4,443
up €4,443 (+138%), from €3,226 to €7,668
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 | €494,577 | €526,091 | +€31,514 | +6.4% |
| Fixed assets | 21/28 | €769 | €260 | -€508 | -66.1% |
| Tangible fixed assets | 22/27 | €769 | €260 | -€508 | -66.1% |
| Furniture and vehicles | 24 | €769 | €260 | -€508 | -66.1% |
| Current assets | 29/58 | €493,809 | €525,831 | +€32,022 | +6.5% |
| Amounts receivable within one year | 40/41 | €64,032 | €68,427 | +€4,395 | +6.9% |
| Trade receivables | 40 | €64,032 | €68,427 | +€4,395 | +6.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €200,000 | €307,882 | +€107,882 | +53.9% |
| Cash at bank and in hand | 54/58 | €224,367 | €141,593 | -€82,774 | -36.9% |
| Deferred charges and accrued income | 490/1 | €5,410 | €7,929 | +€2,519 | +46.6% |
| Total equity and liabilities | 10/49 | €494,577 | €526,091 | +€31,514 | +6.4% |
| Equity | 10/15 | €424,969 | €16,001 | -€408,968 | -96.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €424,968 | €16,000 | -€408,968 | -96.2% |
| Distributable reserves | 133 | €424,968 | €16,000 | -€408,968 | -96.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,608 | €510,090 | +€440,482 | +633% |
| Amounts payable within one year | 42/48 | €69,608 | €505,062 | +€435,454 | +626% |
| Trade debts | 44 | €1,453 | €1,443 | -€10 | -0.7% |
| Suppliers | 440/4 | €1,453 | €1,443 | -€10 | -0.7% |
| Taxes, remuneration and social security | 45 | €64,060 | €15,711 | -€48,349 | -75.5% |
| Taxes | 450/3 | €60,360 | €12,011 | -€48,349 | -80.1% |
| Remuneration and social security | 454/9 | €3,700 | €3,700 | = | 0.0% |
| Other amounts payable | 47/48 | €4,096 | €487,908 | +€483,813 | +11,812% |
| Accrued charges and deferred income | 492/3 | - | €5,028 | +€5,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508 | €508 | = | 0.0% |
| Other operating charges | 640/8 | €421 | €1,108 | +€687 | +163% |
| Gross operating margin | 9900 | €227,343 | €237,335 | +€9,992 | +4.4% |
| Operating profit (loss) | 9901 | €226,414 | €235,718 | +€9,305 | +4.1% |
| Financial income | 75/76B | €4,776 | €5,568 | +€792 | +16.6% |
| Recurring financial income | 75 | €4,776 | €5,568 | +€792 | +16.6% |
| Financial charges | 65/66B | €3,226 | €7,668 | +€4,443 | +138% |
| Recurring financial charges | 65 | €3,226 | €7,668 | +€4,443 | +138% |
| Profit (loss) for the period before taxes | 9903 | €227,963 | €233,617 | +€5,654 | +2.5% |
| Income taxes | 67/77 | €52,963 | €54,668 | +€1,705 | +3.2% |
| Profit (loss) for the period | 9904 | €175,000 | €178,949 | +€3,949 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €175,000 | €178,949 | +€3,949 | +2.3% |
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 18 October 2026 via checked.be.