Vibrant Group: 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.
Vibrant Group
Largest movements
- Cash +€232,452
up €232,452 (+126.7%), from €183,403 to €415,855
mainly Net result for the year (+€535,350) and Other debts (+€304,878)
- Receivables within one year -€60,085
down €60,085 (-9.8%), from €613,984 to €553,899
of which Trade receivables: -€157,805
- Trade debts -€452,565
down €452,565 (-67.7%), from €668,428 to €215,863
- Other debts +€304,878
up €304,878 (+20325.2%), from €1,500 to €306,378
- Reserves +€230,472
up €230,472 (+106.3%), from €216,841 to €447,313
- Current portion of long-term debt +€96,833
up €96,833 (+426.5%), from €22,705 to €119,538
- Tax, wage and social debts +€37,229
up €37,229 (+60.0%), from €62,097 to €99,326
of which Taxes: +€22,196
- Gross operating margin +€952,187
up €952,187 (+912.7%), from €104,325 to €1.1m
- Staff costs +€304,781
up €304,781 (+2908.2%), from €10,480 to €315,260
- Taxes +€162,121
up €162,121 (+1015.8%), from €15,959 to €178,080
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 | €1,165,725 | €1,359,118 | +€193,394 | +16.6% |
| Fixed assets | 21/28 | €7,150 | €9,225 | +€2,074 | +29.0% |
| Tangible fixed assets | 22/27 | €7,150 | €9,225 | +€2,074 | +29.0% |
| Furniture and vehicles | 24 | €7,150 | €9,225 | +€2,074 | +29.0% |
| Current assets | 29/58 | €1,158,574 | €1,349,894 | +€191,320 | +16.5% |
| Stocks and contracts in progress | 3 | €361,188 | €369,624 | +€8,436 | +2.3% |
| Stocks | 30/36 | €361,188 | €369,624 | +€8,436 | +2.3% |
| Amounts receivable within one year | 40/41 | €613,984 | €553,899 | -€60,085 | -9.8% |
| Trade receivables | 40 | €613,961 | €456,157 | -€157,805 | -25.7% |
| Other amounts receivable | 41 | €23 | €97,743 | +€97,720 | +433348.6% |
| Cash at bank and in hand | 54/58 | €183,403 | €415,855 | +€232,452 | +126.7% |
| Deferred charges and accrued income | 490/1 | - | €10,516 | +€10,516 | |
| Total equity and liabilities | 10/49 | €1,165,725 | €1,359,118 | +€193,394 | +16.6% |
| Equity | 10/15 | €219,941 | €450,413 | +€230,472 | +104.8% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €216,841 | €447,313 | +€230,472 | +106.3% |
| Distributable reserves | 133 | €216,841 | €447,313 | +€230,472 | +106.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €945,784 | €908,706 | -€37,078 | -3.9% |
| Amounts payable after more than one year | 17 | €191,054 | €167,600 | -€23,454 | -12.3% |
| Other amounts payable | 178/9 | €191,054 | €167,600 | -€23,454 | -12.3% |
| Amounts payable within one year | 42/48 | €754,730 | €741,105 | -€13,625 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €22,705 | €119,538 | +€96,833 | +426.5% |
| Trade debts | 44 | €668,428 | €215,863 | -€452,565 | -67.7% |
| Suppliers | 440/4 | €668,428 | €215,863 | -€452,565 | -67.7% |
| Taxes, remuneration and social security | 45 | €62,097 | €99,326 | +€37,229 | +60.0% |
| Taxes | 450/3 | €60,227 | €82,423 | +€22,196 | +36.9% |
| Remuneration and social security | 454/9 | €1,870 | €16,903 | +€15,033 | +803.8% |
| Other amounts payable | 47/48 | €1,500 | €306,378 | +€304,878 | +20325.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,480 | €315,260 | +€304,781 | +2908.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,179 | €6,775 | +€1,596 | +30.8% |
| Other operating charges | 640/8 | €0 | €400 | +€400 | |
| Gross operating margin | 9900 | €104,325 | €1,056,512 | +€952,187 | +912.7% |
| Operating profit (loss) | 9901 | €88,666 | €734,076 | +€645,411 | +727.9% |
| Financial income | 75/76B | €1,313 | €3,434 | +€2,121 | +161.5% |
| Recurring financial income | 75 | €1,313 | €3,434 | +€2,121 | +161.5% |
| Financial charges | 65/66B | €32,918 | €24,080 | -€8,838 | -26.8% |
| Recurring financial charges | 65 | €32,918 | €24,080 | -€8,838 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €57,061 | €713,430 | +€656,369 | +1150.3% |
| Income taxes | 67/77 | €15,959 | €178,080 | +€162,121 | +1015.8% |
| Profit (loss) for the period | 9904 | €41,101 | €535,350 | +€494,249 | +1202.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,101 | €535,350 | +€494,249 | +1202.5% |
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 5 October 2026 via checked.be.