Viennéco: 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.
Viennéco
Largest movements
- Receivables within one year -€13,137
down €13,137 (-4.5%), from €289,756 to €276,619
of which Trade receivables: -€10,309
- Deferred charges and accrued income -€7,146
down €7,146 (-27.9%), from €25,571 to €18,425
- Cash +€5,497
up €5,497 (+156.1%), from €3,521 to €9,018
mainly Net result for the year (+€49,834) and Other debts (+€24,423)
- Trade debts -€31,446
down €31,446 (-76.2%), from €41,261 to €9,815
- Other debts +€24,423
up €24,423 (+171.9%), from €14,206 to €38,630
- Accrued charges and deferred income -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Tax, wage and social debts -€11,075
down €11,075 (-30.3%), from €36,595 to €25,520
of which Taxes: -€7,925
- Reserves +€9,161
up €9,161 (+4.5%), from €203,088 to €212,248
of which Distributable reserves: +€30,215
- Financial charges +€3,710
up €3,710 (+100.7%), from €3,683 to €7,393
- Other operating charges -€2,386
down €2,386 (-45.0%), from €5,304 to €2,918
- Gross operating margin -€2,270
down €2,270 (-2.6%), from €87,521 to €85,251
- Taxes +€2,035
up €2,035 (+9.2%), from €22,197 to €24,232
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 | €338,781 | €322,460 | -€16,321 | -4.8% |
| Fixed assets | 21/28 | €6,416 | €4,655 | -€1,761 | -27.4% |
| Tangible fixed assets | 22/27 | €6,416 | €4,655 | -€1,761 | -27.4% |
| Land and buildings | 22 | €5,179 | €4,194 | -€985 | -19.0% |
| Plant, machinery and equipment | 23 | €485 | €0 | -€485 | -100.0% |
| Furniture and vehicles | 24 | €752 | €462 | -€291 | -38.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €332,365 | €317,805 | -€14,561 | -4.4% |
| Amounts receivable within one year | 40/41 | €289,756 | €276,619 | -€13,137 | -4.5% |
| Trade receivables | 40 | €75,766 | €65,457 | -€10,309 | -13.6% |
| Other amounts receivable | 41 | €213,991 | €211,162 | -€2,829 | -1.3% |
| Current investments | 50/53 | €13,517 | €13,742 | +€225 | +1.7% |
| Cash at bank and in hand | 54/58 | €3,521 | €9,018 | +€5,497 | +156.1% |
| Deferred charges and accrued income | 490/1 | €25,571 | €18,425 | -€7,146 | -27.9% |
| Total equity and liabilities | 10/49 | €338,781 | €322,460 | -€16,321 | -4.8% |
| Equity | 10/15 | €219,644 | €230,848 | +€11,205 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,088 | €212,248 | +€9,161 | +4.5% |
| Tax-exempt reserves | 132 | €73,679 | €52,625 | -€21,054 | -28.6% |
| Distributable reserves | 133 | €129,408 | €159,623 | +€30,215 | +23.3% |
| Profit (loss) carried forward | 14 | -€2,044 | €0 | +€2,044 | |
| Amounts payable | 17/49 | €119,137 | €91,611 | -€27,526 | -23.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €106,637 | €91,611 | -€15,026 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €14,574 | €17,646 | +€3,072 | +21.1% |
| Credit institutions | 430/8 | - | €2,088 | +€2,088 | |
| Other loans | 439 | €14,574 | €15,558 | +€984 | +6.8% |
| Trade debts | 44 | €41,261 | €9,815 | -€31,446 | -76.2% |
| Suppliers | 440/4 | €41,261 | €9,815 | -€31,446 | -76.2% |
| Taxes, remuneration and social security | 45 | €36,595 | €25,520 | -€11,075 | -30.3% |
| Taxes | 450/3 | €26,945 | €19,020 | -€7,925 | -29.4% |
| Remuneration and social security | 454/9 | €9,650 | €6,500 | -€3,150 | -32.6% |
| Other amounts payable | 47/48 | €14,206 | €38,630 | +€24,423 | +171.9% |
| Accrued charges and deferred income | 492/3 | €12,500 | €0 | -€12,500 | -100.0% |
| Non-recurring operating income | 76A | €2,452 | €823 | -€1,629 | -66.4% |
| Remuneration, social security and pensions | 62 | €17 | €0 | -€17 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,731 | €1,761 | +€30 | +1.7% |
| Other operating charges | 640/8 | €5,304 | €2,918 | -€2,386 | -45.0% |
| Non-recurring operating charges | 66A | €6,970 | €1,275 | -€5,695 | -81.7% |
| Gross operating margin | 9900 | €87,521 | €85,251 | -€2,270 | -2.6% |
| Operating profit (loss) | 9901 | €73,499 | €79,297 | +€5,798 | +7.9% |
| Financial income | 75/76B | €2,963 | €2,162 | -€801 | -27.0% |
| Recurring financial income | 75 | €2,963 | €2,162 | -€801 | -27.0% |
| Financial charges | 65/66B | €3,683 | €7,393 | +€3,710 | +100.7% |
| Recurring financial charges | 65 | €3,683 | €7,393 | +€3,710 | +100.7% |
| Profit (loss) for the period before taxes | 9903 | €72,778 | €74,066 | +€1,288 | +1.8% |
| Income taxes | 67/77 | €22,197 | €24,232 | +€2,035 | +9.2% |
| Profit (loss) for the period | 9904 | €50,581 | €49,834 | -€747 | -1.5% |
| Transfer from tax-exempt reserves | 789 | - | €21,054 | +€21,054 | |
| Transfer to tax-exempt reserves | 689 | €52,625 | €0 | -€52,625 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,044 | €70,889 | +€72,932 |
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 7 October 2026 via checked.be.