VIGO DESIGN: 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.
VIGO DESIGN
Largest movements
- Cash -€5,700
down €5,700 (-38.9%), from €14,654 to €8,954
mainly Trade debts (-€7,428) and Net result for the year (-€3,357)
- Receivables within one year -€3,187
down €3,187 (-64.8%), from €4,919 to €1,732
of which Trade receivables: -€1,834
- Intangible fixed assets -€1,500
down €1,500 (-50.0%), from €3,000 to €1,500
- Trade debts -€7,428
down €7,428 (-37.3%), from €19,891 to €12,463
- Profit (loss) carried forward -€3,357
down €3,357 (-24.9%), from -€13,478 to -€16,835
- Other debts +€398
up €398 (+4.1%), from €9,746 to €10,144
- Gross operating margin -€3,863
down €3,863, from €2,605 to -€1,258
- Financial charges -€888
down €888 (-82.5%), from €1,076 to €188
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 | €22,573 | €12,186 | -€10,387 | -46.0% |
| Fixed assets | 21/28 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Intangible fixed assets | 21 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Current assets | 29/58 | €19,573 | €10,686 | -€8,887 | -45.4% |
| Amounts receivable within one year | 40/41 | €4,919 | €1,732 | -€3,187 | -64.8% |
| Trade receivables | 40 | €3,276 | €1,442 | -€1,834 | -56.0% |
| Other amounts receivable | 41 | €1,643 | €290 | -€1,353 | -82.3% |
| Cash at bank and in hand | 54/58 | €14,654 | €8,954 | -€5,700 | -38.9% |
| Total equity and liabilities | 10/49 | €22,573 | €12,186 | -€10,387 | -46.0% |
| Equity | 10/15 | -€7,064 | -€10,421 | -€3,357 | -47.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €214 | €214 | = | 0.0% |
| Non-distributable reserves | 130/1 | €214 | €214 | = | 0.0% |
| Reserves not available under the articles | 1311 | €214 | €214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,478 | -€16,835 | -€3,357 | -24.9% |
| Amounts payable | 17/49 | €29,637 | €22,607 | -€7,030 | -23.7% |
| Amounts payable within one year | 42/48 | €29,637 | €22,607 | -€7,030 | -23.7% |
| Trade debts | 44 | €19,891 | €12,463 | -€7,428 | -37.3% |
| Suppliers | 440/4 | €19,891 | €12,463 | -€7,428 | -37.3% |
| Other amounts payable | 47/48 | €9,746 | €10,144 | +€398 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €412 | +€25 | +6.5% |
| Gross operating margin | 9900 | €2,605 | -€1,258 | -€3,863 | |
| Operating profit (loss) | 9901 | €718 | -€3,170 | -€3,888 | |
| Financial income | 75/76B | €15 | €2 | -€13 | -86.7% |
| Recurring financial income | 75 | €15 | €2 | -€13 | -86.7% |
| Financial charges | 65/66B | €1,076 | €188 | -€888 | -82.5% |
| Recurring financial charges | 65 | €1,076 | €188 | -€888 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€343 | -€3,356 | -€3,013 | -878.4% |
| Income taxes | 67/77 | €4 | €1 | -€3 | -75.0% |
| Profit (loss) for the period | 9904 | -€347 | -€3,357 | -€3,010 | -867.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€347 | -€3,357 | -€3,010 | -867.4% |
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 11 October 2026 via checked.be.