VIGREGA: 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.
VIGREGA
Largest movements
- Cash -€3,844
down €3,844 (-92.2%), from €4,170 to €326
mainly Net result for the year (-€4,571) and Other debts (-€724)
- Receivables within one year -€628
down €628 (-21.8%), from €2,879 to €2,251
- Deferred charges and accrued income +€400
new in 2025: €400
- Stocks and contracts -€294
down €294 (-13.2%), from €2,231 to €1,937
- Tangible fixed assets -€266
no longer reported in 2025 (was €266)
- Profit (loss) carried forward -€4,571
down €4,571 (-46.7%), from -€9,789 to -€14,360
- Trade debts +€1,243
up €1,243 (+110.4%), from €1,126 to €2,370
- Other debts -€724
down €724 (-6.8%), from €10,593 to €9,869
- Tax, wage and social debts -€580
down €580 (-71.5%), from €812 to €231
- Gross operating margin +€5,763
up €5,763 (+61.2%), from -€9,414 to -€3,651
- Other operating charges -€147
down €147 (-26.9%), from €547 to €400
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 | €9,546 | €4,914 | -€4,632 | -48.5% |
| Fixed assets | 21/28 | €266 | - | -€266 | |
| Tangible fixed assets | 22/27 | €266 | - | -€266 | |
| Plant, machinery and equipment | 23 | €266 | - | -€266 | |
| Current assets | 29/58 | €9,280 | €4,914 | -€4,366 | -47.1% |
| Stocks and contracts in progress | 3 | €2,231 | €1,937 | -€294 | -13.2% |
| Stocks | 30/36 | €2,231 | €1,937 | -€294 | -13.2% |
| Amounts receivable within one year | 40/41 | €2,879 | €2,251 | -€628 | -21.8% |
| Trade receivables | 40 | €2,879 | €2,251 | -€628 | -21.8% |
| Cash at bank and in hand | 54/58 | €4,170 | €326 | -€3,844 | -92.2% |
| Deferred charges and accrued income | 490/1 | - | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €9,546 | €4,914 | -€4,632 | -48.5% |
| Equity | 10/15 | -€2,985 | -€7,556 | -€4,571 | -153.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €604 | €604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €604 | - | -€604 | |
| Reserves not available under the articles | 1311 | €604 | - | -€604 | |
| Distributable reserves | 133 | - | €604 | +€604 | |
| Profit (loss) carried forward | 14 | -€9,789 | -€14,360 | -€4,571 | -46.7% |
| Amounts payable | 17/49 | €12,531 | €12,470 | -€61 | -0.5% |
| Amounts payable within one year | 42/48 | €12,531 | €12,470 | -€61 | -0.5% |
| Trade debts | 44 | €1,126 | €2,370 | +€1,243 | +110.4% |
| Suppliers | 440/4 | €1,126 | €2,370 | +€1,243 | +110.4% |
| Taxes, remuneration and social security | 45 | €812 | €231 | -€580 | -71.5% |
| Taxes | 450/3 | €812 | €231 | -€580 | -71.5% |
| Other amounts payable | 47/48 | €10,593 | €9,869 | -€724 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €266 | €266 | = | 0.0% |
| Other operating charges | 640/8 | €547 | €400 | -€147 | -26.9% |
| Gross operating margin | 9900 | -€9,414 | -€3,651 | +€5,763 | +61.2% |
| Operating profit (loss) | 9901 | -€10,228 | -€4,317 | +€5,911 | +57.8% |
| Financial charges | 65/66B | €188 | €255 | +€67 | +35.7% |
| Recurring financial charges | 65 | €188 | €255 | +€67 | +35.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,415 | -€4,571 | +€5,844 | +56.1% |
| Profit (loss) for the period | 9904 | -€10,415 | -€4,571 | +€5,844 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,415 | -€4,571 | +€5,844 | +56.1% |
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.