Viedol: 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.
Viedol
Largest movements
- Financial fixed assets +€347,917
new in 2025: €347,917
- Receivables after one year -€37,500
down €37,500 (-100.0%), from €37,500 to €0
- Cash -€18,030
down €18,030 (-68.1%), from €26,464 to €8,435
mainly Investment in fixed assets (net) (-€352,435) and Other debts (-€23,444)
- Receivables within one year +€11,131
up €11,131 (+29.4%), from €37,862 to €48,993
of which Trade receivables: +€9,558
- Short-term financial debts +€200,000
up €200,000, from €0 to €200,000
of which Other loans: +€200,000
- Reserves +€114,867
up €114,867 (+555.7%), from €20,671 to €135,538
- Other debts -€23,444
down €23,444 (-31.3%), from €74,876 to €51,432
- Trade debts +€13,714
up €13,714 (+483.0%), from €2,840 to €16,554
- Gross operating margin -€494,078
down €494,078 (-75.0%), from €658,460 to €164,382
- Taxes -€118,513
down €118,513 (-74.6%), from €158,946 to €40,433
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 | €118,416 | €423,108 | +€304,692 | +257.3% |
| Fixed assets | 21/28 | €10,525 | €359,798 | +€349,272 | +3318.4% |
| Tangible fixed assets | 22/27 | €10,525 | €11,881 | +€1,355 | +12.9% |
| Plant, machinery and equipment | 23 | €1,692 | €1,039 | -€653 | -38.6% |
| Furniture and vehicles | 24 | €8,833 | €10,842 | +€2,008 | +22.7% |
| Financial fixed assets | 28 | - | €347,917 | +€347,917 | |
| Current assets | 29/58 | €107,890 | €63,311 | -€44,580 | -41.3% |
| Amounts receivable after more than one year | 29 | €37,500 | €0 | -€37,500 | -100.0% |
| Other amounts receivable | 291 | €37,500 | €0 | -€37,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €37,862 | €48,993 | +€11,131 | +29.4% |
| Trade receivables | 40 | €16,456 | €26,014 | +€9,558 | +58.1% |
| Other amounts receivable | 41 | €21,406 | €22,979 | +€1,573 | +7.3% |
| Current investments | 50/53 | €3,004 | €3,029 | +€24 | +0.8% |
| Cash at bank and in hand | 54/58 | €26,464 | €8,435 | -€18,030 | -68.1% |
| Deferred charges and accrued income | 490/1 | €3,060 | €2,855 | -€206 | -6.7% |
| Total equity and liabilities | 10/49 | €118,416 | €423,108 | +€304,692 | +257.3% |
| Equity | 10/15 | €25,671 | €140,538 | +€114,867 | +447.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,671 | €135,538 | +€114,867 | +555.7% |
| Distributable reserves | 133 | €20,671 | €135,538 | +€114,867 | +555.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,745 | €282,570 | +€189,825 | +204.7% |
| Amounts payable within one year | 42/48 | €92,745 | €280,991 | +€188,246 | +203.0% |
| Financial debts | 43 | €0 | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €2,840 | €16,554 | +€13,714 | +483.0% |
| Suppliers | 440/4 | €2,840 | €16,554 | +€13,714 | +483.0% |
| Taxes, remuneration and social security | 45 | €15,030 | €13,005 | -€2,025 | -13.5% |
| Taxes | 450/3 | €15,030 | €13,005 | -€2,025 | -13.5% |
| Other amounts payable | 47/48 | €74,876 | €51,432 | -€23,444 | -31.3% |
| Accrued charges and deferred income | 492/3 | - | €1,580 | +€1,580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,515 | €3,163 | -€1,352 | -29.9% |
| Other operating charges | 640/8 | €756 | €777 | +€21 | +2.8% |
| Non-recurring operating charges | 66A | €963 | €0 | -€963 | -100.0% |
| Gross operating margin | 9900 | €658,460 | €164,382 | -€494,078 | -75.0% |
| Operating profit (loss) | 9901 | €652,226 | €160,442 | -€491,784 | -75.4% |
| Financial income | 75/76B | €4,038 | €574 | -€3,464 | -85.8% |
| Recurring financial income | 75 | €4,038 | €574 | -€3,464 | -85.8% |
| Financial charges | 65/66B | €6,647 | €5,715 | -€932 | -14.0% |
| Recurring financial charges | 65 | €6,647 | €5,715 | -€932 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €649,616 | €155,300 | -€494,316 | -76.1% |
| Income taxes | 67/77 | €158,946 | €40,433 | -€118,513 | -74.6% |
| Profit (loss) for the period | 9904 | €490,671 | €114,867 | -€375,804 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €490,671 | €114,867 | -€375,804 | -76.6% |
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.