VIDEAT: 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.
VIDEAT
Largest movements
- Tangible fixed assets -€36,512
down €36,512 (-5.5%), from €660,388 to €623,877
of which Land and buildings: -€30,846
- Cash -€35,261
down €35,261 (-19.2%), from €184,103 to €148,843
mainly Other debts (-€62,492) and Current investments (-€14,735)
- Reserves -€158,273
down €158,273 (-42.1%), from €376,075 to €217,802
of which Distributable reserves: -€158,273
- Profit (loss) carried forward +€150,514
no longer reported in 2025 (was -€150,514)
- Other debts -€62,492
down €62,492 (-3.1%), from €2.0m to €1.9m
- Financial income +€29,383
up €29,383 (+204.6%), from €14,364 to €43,747
- Financial charges +€12,072
up €12,072 (+546.9%), from €2,207 to €14,279
- Gross operating margin +€11,217
up €11,217, from -€5,455 to €5,763
- Depreciation -€836
down €836 (-2.3%), from €37,149 to €36,312
- Other operating charges +€655
up €655 (+11.7%), from €5,595 to €6,249
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 | €2,493,913 | €2,415,311 | -€78,602 | -3.2% |
| Fixed assets | 21/28 | €660,388 | €623,877 | -€36,512 | -5.5% |
| Tangible fixed assets | 22/27 | €660,388 | €623,877 | -€36,512 | -5.5% |
| Land and buildings | 22 | €643,854 | €613,008 | -€30,846 | -4.8% |
| Plant, machinery and equipment | 23 | €6,538 | €5,306 | -€1,232 | -18.8% |
| Furniture and vehicles | 24 | €9,996 | €5,563 | -€4,433 | -44.3% |
| Current assets | 29/58 | €1,833,525 | €1,791,435 | -€42,090 | -2.3% |
| Amounts receivable within one year | 40/41 | €233,823 | €211,783 | -€22,040 | -9.4% |
| Other amounts receivable | 41 | €233,823 | €211,783 | -€22,040 | -9.4% |
| Current investments | 50/53 | €1,415,598 | €1,430,333 | +€14,735 | +1.0% |
| Cash at bank and in hand | 54/58 | €184,103 | €148,843 | -€35,261 | -19.2% |
| Deferred charges and accrued income | 490/1 | - | €476 | +€476 | |
| Total equity and liabilities | 10/49 | €2,493,913 | €2,415,311 | -€78,602 | -3.2% |
| Equity | 10/15 | €473,454 | €465,695 | -€7,759 | -1.6% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €376,075 | €217,802 | -€158,273 | -42.1% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €351,285 | €193,012 | -€158,273 | -45.1% |
| Profit (loss) carried forward | 14 | -€150,514 | - | +€150,514 | |
| Amounts payable | 17/49 | €2,020,459 | €1,949,616 | -€70,843 | -3.5% |
| Amounts payable within one year | 42/48 | €2,020,459 | €1,949,616 | -€70,843 | -3.5% |
| Trade debts | 44 | €8,351 | - | -€8,351 | |
| Suppliers | 440/4 | €8,351 | - | -€8,351 | |
| Other amounts payable | 47/48 | €2,012,108 | €1,949,616 | -€62,492 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,149 | €36,312 | -€836 | -2.3% |
| Other operating charges | 640/8 | €5,595 | €6,249 | +€655 | +11.7% |
| Non-recurring operating charges | 66A | - | €199 | +€199 | |
| Gross operating margin | 9900 | -€5,455 | €5,763 | +€11,217 | |
| Operating profit (loss) | 9901 | -€48,198 | -€36,998 | +€11,200 | +23.2% |
| Financial income | 75/76B | €14,364 | €43,747 | +€29,383 | +204.6% |
| Recurring financial income | 75 | €14,364 | €43,747 | +€29,383 | +204.6% |
| Financial charges | 65/66B | €2,207 | €14,279 | +€12,072 | +546.9% |
| Recurring financial charges | 65 | €2,207 | €14,279 | +€12,072 | +546.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,041 | -€7,531 | +€28,511 | +79.1% |
| Income taxes | 67/77 | €217 | €228 | +€11 | +5.0% |
| Profit (loss) for the period | 9904 | -€36,259 | -€7,759 | +€28,500 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,259 | -€7,759 | +€28,500 | +78.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.