VIBIO: 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.
VIBIO
Largest movements
- Tangible fixed assets -€226,434
down €226,434 (-18.1%), from €1.2m to €1.0m
of which Land and buildings: -€248,869
- Cash +€125,236
up €125,236 (+323.5%), from €38,709 to €163,946
mainly Investment in fixed assets (net) (+€140,245) and Net result for the year (+€97,457)
- Receivables within one year -€26,248
down €26,248 (-14.9%), from €176,381 to €150,133
of which Trade receivables: -€41,611
- Deferred charges and accrued income +€18,280
up €18,280 (+737.3%), from €2,479 to €20,759
- Debts after one year -€152,359
down €152,359 (-17.9%), from €853,365 to €701,006
- Profit (loss) carried forward +€97,457
up €97,457 (+35.2%), from -€276,797 to -€179,340
- Short-term financial debts -€39,085
down €39,085 (-83.8%), from €46,617 to €7,532
- Trade debts -€31,372
down €31,372 (-10.3%), from €305,584 to €274,212
- Gross operating margin +€117,017
up €117,017 (+30.7%), from €381,078 to €498,095
- Depreciation -€38,112
down €38,112 (-30.2%), from €126,221 to €88,109
- Staff costs -€12,290
down €12,290 (-4.4%), from €281,610 to €269,320
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 | €1,636,266 | €1,510,619 | -€125,647 | -7.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,250,957 | €1,022,603 | -€228,354 | -18.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,248,282 | €1,021,847 | -€226,434 | -18.1% |
| Land and buildings | 22 | €1,166,716 | €917,847 | -€248,869 | -21.3% |
| Plant, machinery and equipment | 23 | €74,646 | €98,954 | +€24,308 | +32.6% |
| Furniture and vehicles | 24 | €6,920 | €5,047 | -€1,873 | -27.1% |
| Financial fixed assets | 28 | €2,675 | €755 | -€1,920 | -71.8% |
| Current assets | 29/58 | €385,309 | €488,017 | +€102,708 | +26.7% |
| Stocks and contracts in progress | 3 | €167,740 | €153,179 | -€14,561 | -8.7% |
| Stocks | 30/36 | €167,740 | €153,179 | -€14,561 | -8.7% |
| Amounts receivable within one year | 40/41 | €176,381 | €150,133 | -€26,248 | -14.9% |
| Trade receivables | 40 | €77,175 | €35,565 | -€41,611 | -53.9% |
| Other amounts receivable | 41 | €99,205 | €114,569 | +€15,363 | +15.5% |
| Cash at bank and in hand | 54/58 | €38,709 | €163,946 | +€125,236 | +323.5% |
| Deferred charges and accrued income | 490/1 | €2,479 | €20,759 | +€18,280 | +737.3% |
| Total equity and liabilities | 10/49 | €1,636,266 | €1,510,619 | -€125,647 | -7.7% |
| Equity | 10/15 | €202,203 | €299,660 | +€97,457 | +48.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €279,000 | €279,000 | = | 0.0% |
| Distributable reserves | 133 | €279,000 | €279,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,797 | -€179,340 | +€97,457 | +35.2% |
| Amounts payable | 17/49 | €1,434,064 | €1,210,959 | -€223,104 | -15.6% |
| Amounts payable after more than one year | 17 | €853,365 | €701,006 | -€152,359 | -17.9% |
| Financial debts | 170/4 | €853,365 | €701,006 | -€152,359 | -17.9% |
| Amounts payable within one year | 42/48 | €579,881 | €509,291 | -€70,590 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €162,350 | €152,359 | -€9,991 | -6.2% |
| Financial debts | 43 | €46,617 | €7,532 | -€39,085 | -83.8% |
| Credit institutions | 430/8 | €46,617 | €7,532 | -€39,085 | -83.8% |
| Trade debts | 44 | €305,584 | €274,212 | -€31,372 | -10.3% |
| Suppliers | 440/4 | €305,584 | €274,212 | -€31,372 | -10.3% |
| Taxes, remuneration and social security | 45 | €43,724 | €39,982 | -€3,742 | -8.6% |
| Taxes | 450/3 | €1,304 | €865 | -€439 | -33.6% |
| Remuneration and social security | 454/9 | €42,420 | €39,117 | -€3,303 | -7.8% |
| Other amounts payable | 47/48 | €21,606 | €35,206 | +€13,600 | +62.9% |
| Accrued charges and deferred income | 492/3 | €817 | €662 | -€155 | -19.0% |
| Non-recurring operating income | 76A | €4,023 | €194,265 | +€190,242 | +4729.4% |
| Remuneration, social security and pensions | 62 | €281,610 | €269,320 | -€12,290 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,221 | €88,109 | -€38,112 | -30.2% |
| Other operating charges | 640/8 | €15,503 | €15,061 | -€443 | -2.9% |
| Non-recurring operating charges | 66A | €2,030 | €1,408 | -€622 | -30.7% |
| Gross operating margin | 9900 | €381,078 | €498,095 | +€117,017 | +30.7% |
| Operating profit (loss) | 9901 | -€44,286 | €124,197 | +€168,483 | |
| Financial income | 75/76B | €215 | €201 | -€14 | -6.5% |
| Recurring financial income | 75 | €0 | €201 | +€201 | |
| Non-recurring financial income | 76B | €215 | - | -€215 | |
| Financial charges | 65/66B | €27,186 | €24,673 | -€2,514 | -9.2% |
| Recurring financial charges | 65 | €27,186 | €24,673 | -€2,514 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€71,257 | €99,726 | +€170,983 | |
| Income taxes | 67/77 | €402 | €2,269 | +€1,867 | +464.0% |
| Profit (loss) for the period | 9904 | -€71,659 | €97,457 | +€169,116 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,659 | €97,457 | +€169,116 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.