VIGINTUS: what changed
VIGINTUS
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€88,269
up €88,269 (+126%), from €70,011 to €158,280
mainly Current investments (+€100,000) and Other debts (+€80,307)
- Tangible fixed assets +€16,855
up €16,855 (+92.4%), from €18,239 to €35,094
of which Furniture and vehicles: +€17,437
- Receivables within one year +€11,528
up €11,528 (+18.2%), from €63,351 to €74,879
of which Other amounts receivable: +€16,182
- Other debts +€80,307
up €80,307 (+197%), from €40,824 to €121,131
- Reserves -€59,000
down €59,000 (-50.6%), from €116,500 to €57,500
- Debts after one year +€10,155
new in 2025: €10,155
- Tax, wage and social debts -€9,790
down €9,790 (-25.4%), from €38,532 to €28,741
of which Taxes: -€11,337
- Trade debts -€2,893
down €2,893 (-27.1%), from €10,656 to €7,763
- Gross operating margin -€56,974
down €56,974 (-23.4%), from €243,827 to €186,853
- Staff costs -€27,579
down €27,579 (-20.7%), from €133,097 to €105,518
- Taxes -€8,841
down €8,841 (-31.5%), from €28,021 to €19,181
- Depreciation -€3,150
down €3,150 (-29.7%), from €10,601 to €7,452
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,601 | €270,156 | +€18,555 | +7.4% |
| Fixed assets | 21/28 | €18,239 | €35,094 | +€16,855 | +92.4% |
| Tangible fixed assets | 22/27 | €18,239 | €35,094 | +€16,855 | +92.4% |
| Plant, machinery and equipment | 23 | €582 | - | -€582 | |
| Furniture and vehicles | 24 | €17,657 | €35,094 | +€17,437 | +98.8% |
| Current assets | 29/58 | €233,362 | €235,063 | +€1,701 | +0.7% |
| Amounts receivable within one year | 40/41 | €63,351 | €74,879 | +€11,528 | +18.2% |
| Trade receivables | 40 | €58,359 | €53,705 | -€4,655 | -8.0% |
| Other amounts receivable | 41 | €4,992 | €21,174 | +€16,182 | +324% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €70,011 | €158,280 | +€88,269 | +126% |
| Deferred charges and accrued income | 490/1 | - | €1,905 | +€1,905 | |
| Total equity and liabilities | 10/49 | €251,601 | €270,156 | +€18,555 | +7.4% |
| Equity | 10/15 | €158,907 | €97,521 | -€61,385 | -38.6% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €116,500 | €57,500 | -€59,000 | -50.6% |
| Distributable reserves | 133 | €116,500 | €57,500 | -€59,000 | -50.6% |
| Profit (loss) carried forward | 14 | €2,407 | €21 | -€2,385 | -99.1% |
| Amounts payable | 17/49 | €92,694 | €172,635 | +€79,941 | +86.2% |
| Amounts payable after more than one year | 17 | - | €10,155 | +€10,155 | |
| Financial debts | 170/4 | - | €10,155 | +€10,155 | |
| Amounts payable within one year | 42/48 | €92,694 | €162,480 | +€69,786 | +75.3% |
| Current portion of amounts payable after more than one year | 42 | €2,682 | €4,845 | +€2,163 | +80.6% |
| Trade debts | 44 | €10,656 | €7,763 | -€2,893 | -27.1% |
| Suppliers | 440/4 | €10,656 | €7,763 | -€2,893 | -27.1% |
| Taxes, remuneration and social security | 45 | €38,532 | €28,741 | -€9,790 | -25.4% |
| Taxes | 450/3 | €27,848 | €16,511 | -€11,337 | -40.7% |
| Remuneration and social security | 454/9 | €10,684 | €12,231 | +€1,547 | +14.5% |
| Other amounts payable | 47/48 | €40,824 | €121,131 | +€80,307 | +197% |
| Remuneration, social security and pensions | 62 | €133,097 | €105,518 | -€27,579 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,601 | €7,452 | -€3,150 | -29.7% |
| Other operating charges | 640/8 | €1,046 | €1,616 | +€570 | +54.6% |
| Gross operating margin | 9900 | €243,827 | €186,853 | -€56,974 | -23.4% |
| Operating profit (loss) | 9901 | €99,083 | €72,267 | -€26,816 | -27.1% |
| Financial income | 75/76B | €4,693 | €2,875 | -€1,818 | -38.7% |
| Recurring financial income | 75 | €4,693 | €2,875 | -€1,818 | -38.7% |
| Financial charges | 65/66B | €607 | €847 | +€240 | +39.5% |
| Recurring financial charges | 65 | €607 | €847 | +€240 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €103,169 | €74,295 | -€28,873 | -28.0% |
| Income taxes | 67/77 | €28,021 | €19,181 | -€8,841 | -31.5% |
| Profit (loss) for the period | 9904 | €75,147 | €55,115 | -€20,033 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,147 | €55,115 | -€20,033 | -26.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.