Viflo: 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.
Viflo
Largest movements
- Current assets -€85,651
down €85,651 (-39.7%), from €215,579 to €129,928
of which Receivables within one year: -€93,059
- Tangible fixed assets -€59,183
down €59,183 (-17.6%), from €336,453 to €277,270
- Debts -€147,152
down €147,152 (-30.6%), from €481,172 to €334,020
of which Debts after one year: -€108,896
- Staff costs +€49,412
new in 2022: €49,412
- Financial charges +€23,884
new in 2022: €23,884
- Depreciation -€23,572
down €23,572 (-31.9%), from €73,829 to €50,257
- Other operating charges +€5,580
new in 2022: €5,580
- Gross operating margin +€2,268
up €2,268 (+1.7%), from €130,066 to €132,334
From the 2020 result to the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,293 | €407,459 | -€144,834 | -26.2% |
| Fixed assets | 21/28 | €336,714 | €277,531 | -€59,183 | -17.6% |
| Tangible fixed assets | 22/27 | €336,453 | €277,270 | -€59,183 | -17.6% |
| Land and buildings | 22 | - | €232,043 | +€232,043 | |
| Furniture and vehicles | 24 | - | €45,227 | +€45,227 | |
| Financial fixed assets | 28 | €261 | €261 | = | 0.0% |
| Current assets | 29/58 | €215,579 | €129,928 | -€85,651 | -39.7% |
| Amounts receivable within one year | 40/41 | €208,769 | €115,710 | -€93,059 | -44.6% |
| Trade receivables | 40 | - | €115,710 | +€115,710 | |
| Cash at bank and in hand | 54/58 | €5,830 | €13,218 | +€7,388 | +126.7% |
| Deferred charges and accrued income | 490/1 | - | €1,000 | +€1,000 | |
| Total equity and liabilities | 10/49 | €552,293 | €407,459 | -€144,834 | -26.2% |
| Equity | 10/15 | €71,121 | €73,439 | +€2,318 | +3.3% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €59,785 | €65,641 | +€5,856 | +9.8% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | - | €34,070 | +€34,070 | |
| Distributable reserves | 133 | - | €29,711 | +€29,711 | |
| Profit (loss) carried forward | 14 | €5,136 | €1,598 | -€3,538 | -68.9% |
| Amounts payable | 17/49 | €481,172 | €334,020 | -€147,152 | -30.6% |
| Amounts payable after more than one year | 17 | €314,106 | €205,209 | -€108,896 | -34.7% |
| Financial debts | 170/4 | - | €205,209 | +€205,209 | |
| Amounts payable within one year | 42/48 | €158,312 | €128,810 | -€29,502 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | - | €55,537 | +€55,537 | |
| Trade debts | 44 | €95,852 | €40,964 | -€54,888 | -57.3% |
| Suppliers | 440/4 | - | €40,964 | +€40,964 | |
| Taxes, remuneration and social security | 45 | - | €8,505 | +€8,505 | |
| Taxes | 450/3 | - | €8,505 | +€8,505 | |
| Other amounts payable | 47/48 | - | €23,805 | +€23,805 | |
| Remuneration, social security and pensions | 62 | - | €49,412 | +€49,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,829 | €50,257 | -€23,572 | -31.9% |
| Other operating charges | 640/8 | - | €5,580 | +€5,580 | |
| Gross operating margin | 9900 | €130,066 | €132,334 | +€2,268 | +1.7% |
| Operating profit (loss) | 9901 | €31,141 | €27,085 | -€4,056 | -13.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | €1 | €0 | -€1 | -63.5% |
| Financial charges | 65/66B | - | €23,884 | +€23,884 | |
| Recurring financial charges | 65 | €27,270 | €23,884 | -€3,387 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €3,872 | €3,202 | -€670 | -17.3% |
| Income taxes | 67/77 | €191 | €1,603 | +€1,413 | +741.5% |
| Profit (loss) for the period | 9904 | €3,681 | €1,598 | -€2,083 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,681 | €1,598 | -€2,083 | -56.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2020 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.