VIEDAN: 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.
VIEDAN
Largest movements
- Current investments +€150,530
new in 2025: €150,530
- Cash -€86,156
down €86,156 (-86.8%), from €99,292 to €13,136
mainly Current investments (-€150,530) and Trade debts (-€3,297)
- Tangible fixed assets -€10,049
down €10,049 (-24.5%), from €40,962 to €30,913
- Reserves +€57,014
up €57,014 (+55.0%), from €103,688 to €160,702
- Trade debts -€3,297
down €3,297 (-63.1%), from €5,226 to €1,929
- Tax, wage and social debts +€3,067
up €3,067 (+8.3%), from €37,083 to €40,150
No income-statement line moved by more than 1% of the activity.
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 | €153,926 | €209,399 | +€55,473 | +36.0% |
| Fixed assets | 21/28 | €40,962 | €30,913 | -€10,049 | -24.5% |
| Tangible fixed assets | 22/27 | €40,962 | €30,913 | -€10,049 | -24.5% |
| Furniture and vehicles | 24 | €40,962 | €30,913 | -€10,049 | -24.5% |
| Current assets | 29/58 | €112,965 | €178,486 | +€65,521 | +58.0% |
| Amounts receivable within one year | 40/41 | €13,673 | €14,117 | +€444 | +3.2% |
| Trade receivables | 40 | €13,668 | €14,117 | +€448 | +3.3% |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Current investments | 50/53 | - | €150,530 | +€150,530 | |
| Cash at bank and in hand | 54/58 | €99,292 | €13,136 | -€86,156 | -86.8% |
| Deferred charges and accrued income | 490/1 | - | €703 | +€703 | |
| Total equity and liabilities | 10/49 | €153,926 | €209,399 | +€55,473 | +36.0% |
| Equity | 10/15 | €108,688 | €165,702 | +€57,014 | +52.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €103,688 | €160,702 | +€57,014 | +55.0% |
| Distributable reserves | 133 | €103,688 | €160,702 | +€57,014 | +55.0% |
| Amounts payable | 17/49 | €45,238 | €43,697 | -€1,541 | -3.4% |
| Amounts payable within one year | 42/48 | €44,678 | €43,697 | -€981 | -2.2% |
| Trade debts | 44 | €5,226 | €1,929 | -€3,297 | -63.1% |
| Suppliers | 440/4 | €5,226 | €1,929 | -€3,297 | -63.1% |
| Taxes, remuneration and social security | 45 | €37,083 | €40,150 | +€3,067 | +8.3% |
| Taxes | 450/3 | €37,083 | €40,150 | +€3,067 | +8.3% |
| Other amounts payable | 47/48 | €2,369 | €1,618 | -€751 | -31.7% |
| Accrued charges and deferred income | 492/3 | €560 | - | -€560 | |
| Non-recurring operating income | 76A | €944 | - | -€944 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,940 | €12,410 | +€470 | +3.9% |
| Other operating charges | 640/8 | €1,096 | €852 | -€244 | -22.3% |
| Gross operating margin | 9900 | €84,427 | €85,184 | +€757 | +0.9% |
| Operating profit (loss) | 9901 | €71,391 | €71,922 | +€531 | +0.7% |
| Financial income | 75/76B | €1 | €788 | +€786 | +53852.1% |
| Recurring financial income | 75 | €1 | €788 | +€786 | +53852.1% |
| Financial charges | 65/66B | €133 | €131 | -€2 | -1.6% |
| Recurring financial charges | 65 | €133 | €131 | -€2 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €71,259 | €72,578 | +€1,319 | +1.9% |
| Income taxes | 67/77 | €14,950 | €15,564 | +€615 | +4.1% |
| Profit (loss) for the period | 9904 | €56,309 | €57,014 | +€704 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,309 | €57,014 | +€704 | +1.3% |
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 3 October 2026 via checked.be.