Viavorm: what changed
Two fiscal 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.
Viavorm
Largest movements
- Tangible fixed assets +€414,389
up €414,389 (+73.6%), from €563,009 to €977,397
of which Plant, machinery and equipment: +€380,646
- Cash -€219,005
down €219,005 (-71.1%), from €307,954 to €88,950
mainly Investment in fixed assets (net) (-€668,142) and Contributions, distributions and other (-€75,000)
- Receivables within one year -€58,548
down €58,548 (-11.6%), from €506,490 to €447,942
of which Trade receivables: -€70,794
- Reserves +€115,780
up €115,780 (+12.0%), from €968,269 to €1.1m
- Other debts +€82,812
up €82,812 (+22.5%), from €367,737 to €450,549
- Tax, wage and social debts -€26,014
down €26,014 (-34.3%), from €75,736 to €49,721
of which Taxes: -€33,867
- Trade debts -€23,936
down €23,936 (-17.5%), from €136,575 to €112,639
- Gross operating margin +€126,514
up €126,514 (+12.5%), from €1.0m to €1.1m
- Depreciation +€67,722
up €67,722 (+36.4%), from €186,031 to €253,753
- Staff costs +€59,515
up €59,515 (+10.4%), from €573,640 to €633,155
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 | €1,695,467 | €1,844,841 | +€149,375 | +8.8% |
| Fixed assets | 21/28 | €563,009 | €977,397 | +€414,389 | +73.6% |
| Tangible fixed assets | 22/27 | €563,009 | €977,397 | +€414,389 | +73.6% |
| Land and buildings | 22 | €74,136 | €71,786 | -€2,350 | -3.2% |
| Plant, machinery and equipment | 23 | €473,473 | €854,119 | +€380,646 | +80.4% |
| Furniture and vehicles | 24 | €15,399 | €51,492 | +€36,093 | +234.4% |
| Current assets | 29/58 | €1,132,458 | €867,444 | -€265,014 | -23.4% |
| Stocks and contracts in progress | 3 | €105,447 | €123,083 | +€17,636 | +16.7% |
| Stocks | 30/36 | €105,447 | €123,083 | +€17,636 | +16.7% |
| Amounts receivable within one year | 40/41 | €506,490 | €447,942 | -€58,548 | -11.6% |
| Trade receivables | 40 | €494,814 | €424,020 | -€70,794 | -14.3% |
| Other amounts receivable | 41 | €11,676 | €23,922 | +€12,246 | +104.9% |
| Current investments | 50/53 | €208,932 | €207,470 | -€1,462 | -0.7% |
| Cash at bank and in hand | 54/58 | €307,954 | €88,950 | -€219,005 | -71.1% |
| Deferred charges and accrued income | 490/1 | €3,634 | - | -€3,634 | |
| Total equity and liabilities | 10/49 | €1,695,467 | €1,844,841 | +€149,375 | +8.8% |
| Equity | 10/15 | €1,099,653 | €1,215,433 | +€115,780 | +10.5% |
| Contributions | 10/11 | €131,384 | €131,384 | = | 0.0% |
| Reserves | 13 | €968,269 | €1,084,049 | +€115,780 | +12.0% |
| Distributable reserves | 133 | €968,269 | €1,084,049 | +€115,780 | +12.0% |
| Amounts payable | 17/49 | €595,814 | €629,409 | +€33,595 | +5.6% |
| Amounts payable within one year | 42/48 | €580,048 | €612,909 | +€32,861 | +5.7% |
| Trade debts | 44 | €136,575 | €112,639 | -€23,936 | -17.5% |
| Suppliers | 440/4 | €136,575 | €112,639 | -€23,936 | -17.5% |
| Taxes, remuneration and social security | 45 | €75,736 | €49,721 | -€26,014 | -34.3% |
| Taxes | 450/3 | €41,853 | €7,987 | -€33,867 | -80.9% |
| Remuneration and social security | 454/9 | €33,882 | €41,735 | +€7,852 | +23.2% |
| Other amounts payable | 47/48 | €367,737 | €450,549 | +€82,812 | +22.5% |
| Accrued charges and deferred income | 492/3 | €15,766 | €16,500 | +€734 | +4.7% |
| Non-recurring operating income | 76A | €7,311 | - | -€7,311 | |
| Remuneration, social security and pensions | 62 | €573,640 | €633,155 | +€59,515 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,031 | €253,753 | +€67,722 | +36.4% |
| Other operating charges | 640/8 | €14,095 | €7,441 | -€6,654 | -47.2% |
| Non-recurring operating charges | 66A | - | €8 | +€8 | |
| Gross operating margin | 9900 | €1,010,870 | €1,137,384 | +€126,514 | +12.5% |
| Operating profit (loss) | 9901 | €237,104 | €243,026 | +€5,922 | +2.5% |
| Financial income | 75/76B | €3,813 | €8,045 | +€4,232 | +111.0% |
| Recurring financial income | 75 | €3,813 | €8,045 | +€4,232 | +111.0% |
| Financial charges | 65/66B | €310 | €8,229 | +€7,919 | +2554.3% |
| Recurring financial charges | 65 | €310 | €8,229 | +€7,919 | +2554.3% |
| Profit (loss) for the period before taxes | 9903 | €240,607 | €242,842 | +€2,235 | +0.9% |
| Income taxes | 67/77 | €61,435 | €52,062 | -€9,373 | -15.3% |
| Profit (loss) for the period | 9904 | €179,172 | €190,780 | +€11,608 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €179,172 | €190,780 | +€11,608 | +6.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.