VIDESTATE: 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.
VIDESTATE
Largest movements
- Deferred charges and accrued income +€71,522
up €71,522 (+77,598%), from €92 to €71,614
- Receivables within one year -€22,647
down €22,647 (-32.4%), from €69,990 to €47,343
of which Trade receivables: -€22,610
- Tangible fixed assets -€21,392
down €21,392 (-5.5%), from €391,501 to €370,109
of which Land and buildings: -€25,228
- Cash -€5,891
down €5,891 (-28.8%), from €20,432 to €14,542
mainly Deferred charges and accrued income (-€71,522) and Other debts (-€39,926)
- Receivables after one year +€5,320
new in 2025: €5,320
- Debts after one year +€72,857
up €72,857 (+18.2%), from €400,121 to €472,978
of which Other amounts payable: +€241,742
- Other debts -€39,926
down €39,926 (-83.1%), from €48,039 to €8,113
- Current portion of long-term debt +€12,635
new in 2025: €12,635
- Profit (loss) carried forward -€11,758
down €11,758 (-188%), from -€6,258 to -€18,016
- Gross operating margin +€50,134
up €50,134 (+207%), from €24,246 to €74,380
- Staff costs +€39,131
up €39,131 (+780%), from €5,016 to €44,148
- Depreciation +€15,809
up €15,809 (+114%), from €13,911 to €29,720
- Financial charges +€6,654
up €6,654 (+165%), from €4,021 to €10,674
- Other operating charges +€1,053
up €1,053 (+78.1%), from €1,349 to €2,402
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 | €482,016 | €508,928 | +€26,912 | +5.6% |
| Fixed assets | 21/28 | €391,501 | €370,109 | -€21,392 | -5.5% |
| Tangible fixed assets | 22/27 | €391,501 | €370,109 | -€21,392 | -5.5% |
| Land and buildings | 22 | €373,979 | €348,750 | -€25,228 | -6.7% |
| Plant, machinery and equipment | 23 | - | €4,695 | +€4,695 | |
| Furniture and vehicles | 24 | €17,522 | €16,664 | -€859 | -4.9% |
| Current assets | 29/58 | €90,514 | €138,818 | +€48,304 | +53.4% |
| Amounts receivable after more than one year | 29 | - | €5,320 | +€5,320 | |
| Other amounts receivable | 291 | - | €5,320 | +€5,320 | |
| Amounts receivable within one year | 40/41 | €69,990 | €47,343 | -€22,647 | -32.4% |
| Trade receivables | 40 | €69,906 | €47,296 | -€22,610 | -32.3% |
| Other amounts receivable | 41 | €84 | €47 | -€37 | -44.5% |
| Cash at bank and in hand | 54/58 | €20,432 | €14,542 | -€5,891 | -28.8% |
| Deferred charges and accrued income | 490/1 | €92 | €71,614 | +€71,522 | +77,598% |
| Total equity and liabilities | 10/49 | €482,016 | €508,928 | +€26,912 | +5.6% |
| Equity | 10/15 | €16,202 | €4,444 | -€11,758 | -72.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,860 | €3,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,860 | €3,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,258 | -€18,016 | -€11,758 | -188% |
| Amounts payable | 17/49 | €465,814 | €504,484 | +€38,670 | +8.3% |
| Amounts payable after more than one year | 17 | €400,121 | €472,978 | +€72,857 | +18.2% |
| Financial debts | 170/4 | €400,121 | €231,236 | -€168,885 | -42.2% |
| Other amounts payable | 178/9 | - | €241,742 | +€241,742 | |
| Amounts payable within one year | 42/48 | €65,692 | €31,505 | -€34,187 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,635 | +€12,635 | |
| Trade debts | 44 | €4,274 | €1,434 | -€2,840 | -66.4% |
| Suppliers | 440/4 | €4,274 | €1,434 | -€2,840 | -66.4% |
| Taxes, remuneration and social security | 45 | €13,380 | €9,324 | -€4,056 | -30.3% |
| Taxes | 450/3 | €10,650 | €1,368 | -€9,282 | -87.2% |
| Remuneration and social security | 454/9 | €2,729 | €7,956 | +€5,226 | +191% |
| Other amounts payable | 47/48 | €48,039 | €8,113 | -€39,926 | -83.1% |
| Non-recurring operating income | 76A | €915 | €0 | -€915 | -100% |
| Remuneration, social security and pensions | 62 | €5,016 | €44,148 | +€39,131 | +780% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,911 | €29,720 | +€15,809 | +114% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,349 | €2,402 | +€1,053 | +78.1% |
| Non-recurring operating charges | 66A | €2,229 | €0 | -€2,229 | -100% |
| Gross operating margin | 9900 | €24,246 | €74,380 | +€50,134 | +207% |
| Operating profit (loss) | 9901 | €1,741 | -€1,889 | -€3,630 | |
| Financial income | 75/76B | €22 | €284 | +€262 | +1,192% |
| Recurring financial income | 75 | €22 | €284 | +€262 | +1,192% |
| Financial charges | 65/66B | €4,021 | €10,674 | +€6,654 | +165% |
| Recurring financial charges | 65 | €4,021 | €10,674 | +€6,654 | +165% |
| Profit (loss) for the period before taxes | 9903 | -€2,258 | -€12,280 | -€10,022 | -444% |
| Income taxes | 67/77 | €350 | -€522 | -€871 | |
| Profit (loss) for the period | 9904 | -€2,607 | -€11,758 | -€9,151 | -351% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,607 | -€11,758 | -€9,151 | -351% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.