Vifique: 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.
Vifique
Largest movements
- Cash -€72,999
down €72,999 (-9.2%), from €793,296 to €720,297
mainly Investment in fixed assets (net) (-€119,532) and Other debts (-€85,917)
- Tangible fixed assets +€42,888
up €42,888 (+11.2%), from €383,200 to €426,087
of which Land and buildings: +€64,480
- Other debts -€85,917
down €85,917 (-35.0%), from €245,351 to €159,434
- Reserves +€51,747
up €51,747 (+7.9%), from €656,664 to €708,411
- Gross operating margin +€29,119
up €29,119 (+14.2%), from €205,586 to €234,705
- Taxes +€4,930
up €4,930 (+31.4%), from €15,706 to €20,636
- Staff costs +€2,689
up €2,689 (+4.2%), from €63,759 to €66,448
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 | €1,219,773 | €1,190,985 | -€28,788 | -2.4% |
| Fixed assets | 21/28 | €383,300 | €426,187 | +€42,888 | +11.2% |
| Tangible fixed assets | 22/27 | €383,200 | €426,087 | +€42,888 | +11.2% |
| Land and buildings | 22 | €327,796 | €392,276 | +€64,480 | +19.7% |
| Plant, machinery and equipment | 23 | €55,403 | €33,811 | -€21,592 | -39.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €836,474 | €764,798 | -€71,676 | -8.6% |
| Amounts receivable within one year | 40/41 | €43,178 | €40,137 | -€3,041 | -7.0% |
| Trade receivables | 40 | €38,883 | €38,500 | -€383 | -1.0% |
| Other amounts receivable | 41 | €4,294 | €1,637 | -€2,658 | -61.9% |
| Cash at bank and in hand | 54/58 | €793,296 | €720,297 | -€72,999 | -9.2% |
| Deferred charges and accrued income | 490/1 | €0 | €4,364 | +€4,364 | |
| Total equity and liabilities | 10/49 | €1,219,773 | €1,190,985 | -€28,788 | -2.4% |
| Equity | 10/15 | €950,211 | €1,001,958 | +€51,747 | +5.4% |
| Contributions | 10/11 | €293,547 | €293,547 | = | 0.0% |
| Reserves | 13 | €656,664 | €708,411 | +€51,747 | +7.9% |
| Distributable reserves | 133 | €656,664 | €708,411 | +€51,747 | +7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €269,562 | €189,028 | -€80,534 | -29.9% |
| Amounts payable within one year | 42/48 | €269,562 | €189,028 | -€80,534 | -29.9% |
| Trade debts | 44 | €9,007 | €14,128 | +€5,122 | +56.9% |
| Suppliers | 440/4 | €9,007 | €14,128 | +€5,122 | +56.9% |
| Taxes, remuneration and social security | 45 | €15,205 | €15,465 | +€260 | +1.7% |
| Taxes | 450/3 | €1,864 | €14 | -€1,850 | -99.3% |
| Remuneration and social security | 454/9 | €13,341 | €15,451 | +€2,110 | +15.8% |
| Other amounts payable | 47/48 | €245,351 | €159,434 | -€85,917 | -35.0% |
| Remuneration, social security and pensions | 62 | €63,759 | €66,448 | +€2,689 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,263 | €76,644 | +€1,381 | +1.8% |
| Other operating charges | 640/8 | €18,239 | €18,711 | +€472 | +2.6% |
| Gross operating margin | 9900 | €205,586 | €234,705 | +€29,119 | +14.2% |
| Operating profit (loss) | 9901 | €48,326 | €72,901 | +€24,576 | +50.9% |
| Financial income | 75/76B | €87 | €0 | -€87 | -100.0% |
| Recurring financial income | 75 | €87 | €0 | -€87 | -100.0% |
| Financial charges | 65/66B | €153 | €519 | +€365 | +238.4% |
| Recurring financial charges | 65 | €153 | €519 | +€365 | +238.4% |
| Profit (loss) for the period before taxes | 9903 | €48,259 | €72,383 | +€24,123 | +50.0% |
| Income taxes | 67/77 | €15,706 | €20,636 | +€4,930 | +31.4% |
| Profit (loss) for the period | 9904 | €32,553 | €51,747 | +€19,193 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,553 | €51,747 | +€19,193 | +59.0% |
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 6 October 2026 via checked.be.