VigoRea: 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.
VigoRea
Largest movements
- Cash +€22,845
up €22,845 (+52.5%), from €43,483 to €66,328
mainly Net result for the year (+€37,051) and Depreciation (+€7,502)
- Tangible fixed assets -€5,403
down €5,403 (-24.6%), from €21,958 to €16,556
- Reserves +€27,000
up €27,000 (+57.4%), from €47,000 to €74,000
- Tax, wage and social debts -€9,881
down €9,881 (-72.1%), from €13,708 to €3,826
of which Taxes: -€8,381
- Profit (loss) carried forward +€1,051
up €1,051 (+368.2%), from €285 to €1,336
- Gross operating margin +€4,633
up €4,633 (+8.9%), from €52,089 to €56,721
- Taxes +€1,300
up €1,300 (+12.5%), from €10,371 to €11,671
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 | €75,999 | €94,097 | +€18,098 | +23.8% |
| Fixed assets | 21/28 | €21,958 | €16,556 | -€5,403 | -24.6% |
| Tangible fixed assets | 22/27 | €21,958 | €16,556 | -€5,403 | -24.6% |
| Furniture and vehicles | 24 | €21,958 | €16,556 | -€5,403 | -24.6% |
| Current assets | 29/58 | €54,041 | €77,541 | +€23,501 | +43.5% |
| Cash at bank and in hand | 54/58 | €43,483 | €66,328 | +€22,845 | +52.5% |
| Deferred charges and accrued income | 490/1 | €10,557 | €11,213 | +€656 | +6.2% |
| Total equity and liabilities | 10/49 | €75,999 | €94,097 | +€18,098 | +23.8% |
| Equity | 10/15 | €52,285 | €80,336 | +€28,051 | +53.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,000 | €74,000 | +€27,000 | +57.4% |
| Distributable reserves | 133 | €47,000 | €74,000 | +€27,000 | +57.4% |
| Profit (loss) carried forward | 14 | €285 | €1,336 | +€1,051 | +368.2% |
| Amounts payable | 17/49 | €23,714 | €13,761 | -€9,953 | -42.0% |
| Amounts payable within one year | 42/48 | €23,714 | €13,761 | -€9,953 | -42.0% |
| Trade debts | 44 | €312 | €196 | -€117 | -37.3% |
| Suppliers | 440/4 | €312 | €196 | -€117 | -37.3% |
| Taxes, remuneration and social security | 45 | €13,708 | €3,826 | -€9,881 | -72.1% |
| Taxes | 450/3 | €12,208 | €3,826 | -€8,381 | -68.7% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €9,694 | €9,739 | +€45 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,200 | €7,502 | +€302 | +4.2% |
| Other operating charges | 640/8 | €190 | €316 | +€126 | +66.3% |
| Gross operating margin | 9900 | €52,089 | €56,721 | +€4,633 | +8.9% |
| Operating profit (loss) | 9901 | €44,698 | €48,903 | +€4,205 | +9.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €102 | €181 | +€79 | +76.9% |
| Recurring financial charges | 65 | €102 | €181 | +€79 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €44,596 | €48,722 | +€4,126 | +9.3% |
| Income taxes | 67/77 | €10,371 | €11,671 | +€1,300 | +12.5% |
| Profit (loss) for the period | 9904 | €34,225 | €37,051 | +€2,826 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,225 | €37,051 | +€2,826 | +8.3% |
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.