ViaVectis: 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.
ViaVectis
Largest movements
- Receivables within one year -€8,690
down €8,690 (-26.0%), from €33,410 to €24,720
- Cash +€3,948
up €3,948 (+29.7%), from €13,294 to €17,241
mainly Receivables within one year (+€8,690) and Depreciation (+€3,915)
- Tangible fixed assets -€1,238
down €1,238 (-8.3%), from €14,874 to €13,636
- Other debts -€6,220
down €6,220 (-35.6%), from €17,492 to €11,271
- Trade debts -€5,886
down €5,886 (-38.0%), from €15,475 to €9,589
- Tax, wage and social debts +€3,232
up €3,232 (+1,412%), from €229 to €3,460
- Reserves +€2,335
up €2,335 (+21.6%), from €10,816 to €13,151
- Gross operating margin -€2,126
down €2,126 (-21.8%), from €9,748 to €7,623
- Depreciation +€799
up €799 (+25.6%), from €3,116 to €3,915
- Other operating charges -€231
down €231 (-16.6%), from €1,391 to €1,160
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 | €62,603 | €56,022 | -€6,581 | -10.5% |
| Fixed assets | 21/28 | €15,169 | €13,931 | -€1,238 | -8.2% |
| Tangible fixed assets | 22/27 | €14,874 | €13,636 | -€1,238 | -8.3% |
| Furniture and vehicles | 24 | €14,874 | €13,636 | -€1,238 | -8.3% |
| Financial fixed assets | 28 | €295 | €295 | = | 0.0% |
| Current assets | 29/58 | €47,434 | €42,091 | -€5,343 | -11.3% |
| Amounts receivable within one year | 40/41 | €33,410 | €24,720 | -€8,690 | -26.0% |
| Trade receivables | 40 | €33,410 | €24,720 | -€8,690 | -26.0% |
| Cash at bank and in hand | 54/58 | €13,294 | €17,241 | +€3,948 | +29.7% |
| Deferred charges and accrued income | 490/1 | €730 | €130 | -€600 | -82.2% |
| Total equity and liabilities | 10/49 | €62,603 | €56,022 | -€6,581 | -10.5% |
| Equity | 10/15 | €29,366 | €31,701 | +€2,335 | +8.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €10,816 | €13,151 | +€2,335 | +21.6% |
| Distributable reserves | 133 | €10,816 | €13,151 | +€2,335 | +21.6% |
| Amounts payable | 17/49 | €33,237 | €24,321 | -€8,916 | -26.8% |
| Amounts payable within one year | 42/48 | €33,237 | €24,321 | -€8,916 | -26.8% |
| Financial debts | 43 | €41 | - | -€41 | |
| Credit institutions | 430/8 | €41 | - | -€41 | |
| Trade debts | 44 | €15,475 | €9,589 | -€5,886 | -38.0% |
| Suppliers | 440/4 | €15,475 | €9,589 | -€5,886 | -38.0% |
| Taxes, remuneration and social security | 45 | €229 | €3,460 | +€3,232 | +1,412% |
| Taxes | 450/3 | €229 | €3,460 | +€3,232 | +1,412% |
| Other amounts payable | 47/48 | €17,492 | €11,271 | -€6,220 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,116 | €3,915 | +€799 | +25.6% |
| Other operating charges | 640/8 | €1,391 | €1,160 | -€231 | -16.6% |
| Gross operating margin | 9900 | €9,748 | €7,623 | -€2,126 | -21.8% |
| Operating profit (loss) | 9901 | €5,241 | €2,548 | -€2,693 | -51.4% |
| Financial income | 75/76B | €9 | €4 | -€5 | -54.0% |
| Recurring financial income | 75 | €9 | €4 | -€5 | -54.0% |
| Financial charges | 65/66B | €46 | €63 | +€17 | +36.5% |
| Recurring financial charges | 65 | €46 | €63 | +€17 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €5,204 | €2,489 | -€2,714 | -52.2% |
| Income taxes | 67/77 | €149 | €154 | +€5 | +3.6% |
| Profit (loss) for the period | 9904 | €5,055 | €2,335 | -€2,720 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,055 | €2,335 | -€2,720 | -53.8% |
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 15 October 2026 via checked.be.