Vigor By Sara: 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.
Vigor By Sara
Largest movements
- Receivables within one year +€39,470
up €39,470 (+299%), from €13,189 to €52,659
- Cash -€4,585
down €4,585 (-21.6%), from €21,222 to €16,637
mainly Receivables within one year (-€39,470) and Contributions, distributions and other (-€17,365)
- Current investments +€2,300
new in 2025: €2,300
- Accrued charges and deferred income +€34,000
new in 2025: €34,000
- Tax, wage and social debts +€7,486
up €7,486 (+41.0%), from €18,239 to €25,725
of which Taxes: +€10,286
- Profit (loss) carried forward -€6,582
down €6,582 (-37.9%), from €17,365 to €10,784
- Trade debts +€3,033
up €3,033 (+933%), from €325 to €3,359
- Other debts -€1,097
down €1,097 (-95.7%), from €1,147 to €49
- Gross operating margin -€8,333
down €8,333 (-32.7%), from €25,454 to €17,121
- Taxes -€1,360
down €1,360 (-21.4%), from €6,362 to €5,001
- Other operating charges -€504
down €504 (-54.9%), from €918 to €414
- Depreciation +€361
up €361 (+173%), from €209 to €570
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 | €37,576 | €74,417 | +€36,840 | +98.0% |
| Fixed assets | 21/28 | €2,641 | €2,071 | -€570 | -21.6% |
| Tangible fixed assets | 22/27 | €2,641 | €2,071 | -€570 | -21.6% |
| Furniture and vehicles | 24 | €2,641 | €2,071 | -€570 | -21.6% |
| Current assets | 29/58 | €34,936 | €72,346 | +€37,410 | +107% |
| Amounts receivable within one year | 40/41 | €13,189 | €52,659 | +€39,470 | +299% |
| Trade receivables | 40 | €13,189 | €52,659 | +€39,470 | +299% |
| Current investments | 50/53 | - | €2,300 | +€2,300 | |
| Cash at bank and in hand | 54/58 | €21,222 | €16,637 | -€4,585 | -21.6% |
| Deferred charges and accrued income | 490/1 | €525 | €750 | +€225 | +42.9% |
| Total equity and liabilities | 10/49 | €37,576 | €74,417 | +€36,840 | +98.0% |
| Equity | 10/15 | €17,865 | €11,284 | -€6,582 | -36.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,365 | €10,784 | -€6,582 | -37.9% |
| Amounts payable | 17/49 | €19,711 | €63,133 | +€43,422 | +220% |
| Amounts payable within one year | 42/48 | €19,711 | €29,133 | +€9,422 | +47.8% |
| Trade debts | 44 | €325 | €3,359 | +€3,033 | +933% |
| Suppliers | 440/4 | €325 | €3,359 | +€3,033 | +933% |
| Taxes, remuneration and social security | 45 | €18,239 | €25,725 | +€7,486 | +41.0% |
| Taxes | 450/3 | €15,439 | €25,725 | +€10,286 | +66.6% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Other amounts payable | 47/48 | €1,147 | €49 | -€1,097 | -95.7% |
| Accrued charges and deferred income | 492/3 | - | €34,000 | +€34,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209 | €570 | +€361 | +173% |
| Other operating charges | 640/8 | €918 | €414 | -€504 | -54.9% |
| Gross operating margin | 9900 | €25,454 | €17,121 | -€8,333 | -32.7% |
| Operating profit (loss) | 9901 | €24,327 | €16,137 | -€8,190 | -33.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €600 | €352 | -€248 | -41.3% |
| Recurring financial charges | 65 | €600 | €352 | -€248 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €23,727 | €15,785 | -€7,942 | -33.5% |
| Income taxes | 67/77 | €6,362 | €5,001 | -€1,360 | -21.4% |
| Profit (loss) for the period | 9904 | €17,365 | €10,784 | -€6,582 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,365 | €10,784 | -€6,582 | -37.9% |
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 24 October 2026 via checked.be.