VIGENERE PRIVACY SOLUTIONS: what changed
Two financial 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.
VIGENERE PRIVACY SOLUTIONS
Largest movements
- Receivables within one year +€3,177
up €3,177 (+543%), from €585 to €3,762
of which Trade receivables: +€3,433
- Profit (loss) carried forward +€12,187
up €12,187 (+14.7%), from -€83,099 to -€70,912
- Current portion of long-term debt -€5,000
down €5,000 (-25.0%), from €20,000 to €15,000
- Trade debts -€1,772
no longer reported in 2025 (was €1,772)
- Other debts -€1,000
down €1,000 (-37.3%), from €2,683 to €1,683
- Short-term financial debts -€735
down €735 (-1.7%), from €44,207 to €43,472
- Gross operating margin +€23,845
up €23,845, from -€6,876 to €16,969
- Financial charges -€8,661
down €8,661 (-68.1%), from €12,725 to €4,064
of which Financial charges: -€8,218
- Other operating charges -€1,803
down €1,803 (-74.0%), from €2,437 to €634
- Depreciation -€256
no longer reported in 2025 (was €256)
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.
Derived cash bridge
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 | €6,929 | €10,141 | +€3,211 | +46.3% |
| Current assets | 29/58 | €6,929 | €10,141 | +€3,211 | +46.3% |
| Amounts receivable within one year | 40/41 | €585 | €3,762 | +€3,177 | +543% |
| Trade receivables | 40 | €197 | €3,630 | +€3,433 | +1,741% |
| Other amounts receivable | 41 | €388 | €132 | -€256 | -65.9% |
| Cash at bank and in hand | 54/58 | €6,152 | €6,130 | -€22 | -0.3% |
| Deferred charges and accrued income | 490/1 | €193 | €248 | +€55 | +28.7% |
| Total equity and liabilities | 10/49 | €6,929 | €10,141 | +€3,211 | +46.3% |
| Equity | 10/15 | -€62,834 | -€50,647 | +€12,187 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,665 | €1,665 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,665 | €1,665 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,665 | €1,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,099 | -€70,912 | +€12,187 | +14.7% |
| Amounts payable | 17/49 | €69,763 | €60,787 | -€8,976 | -12.9% |
| Amounts payable within one year | 42/48 | €68,956 | €60,203 | -€8,753 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Financial debts | 43 | €44,207 | €43,472 | -€735 | -1.7% |
| Credit institutions | 430/8 | €44,207 | €43,472 | -€735 | -1.7% |
| Trade debts | 44 | €1,772 | - | -€1,772 | |
| Suppliers | 440/4 | €1,772 | - | -€1,772 | |
| Taxes, remuneration and social security | 45 | €294 | €49 | -€245 | -83.5% |
| Taxes | 450/3 | €294 | €49 | -€245 | -83.5% |
| Other amounts payable | 47/48 | €2,683 | €1,683 | -€1,000 | -37.3% |
| Accrued charges and deferred income | 492/3 | €807 | €584 | -€223 | -27.6% |
| Remuneration, social security and pensions | 62 | - | €83 | +€83 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | - | -€256 | |
| Other operating charges | 640/8 | €2,437 | €634 | -€1,803 | -74.0% |
| Gross operating margin | 9900 | -€6,876 | €16,969 | +€23,845 | |
| Operating profit (loss) | 9901 | -€9,569 | €16,251 | +€25,820 | |
| Financial charges | 65/66B | €12,725 | €4,064 | -€8,661 | -68.1% |
| Recurring financial charges | 65 | €12,282 | €4,064 | -€8,218 | -66.9% |
| Non-recurring financial charges | 66B | €443 | - | -€443 | |
| Profit (loss) for the period before taxes | 9903 | -€22,294 | €12,187 | +€34,481 | |
| Income taxes | 67/77 | €138 | - | -€138 | |
| Profit (loss) for the period | 9904 | -€22,432 | €12,187 | +€34,618 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,432 | €12,187 | +€34,618 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.