VILAFRA: what changed
VILAFRA
Largest movements
- Financial fixed assets +€500,055
up €500,055, from €0 to €500,055
- Current investments -€124,475
down €124,475 (-99.6%), from €125,000 to €525
- Receivables within one year -€72,045
down €72,045 (-78.2%), from €92,115 to €20,071
of which Other amounts receivable: -€65,786
- Receivables after one year -€31,687
no longer reported in 2025 (was €31,687)
- Tangible fixed assets +€15,716
up €15,716 (+289%), from €5,436 to €21,152
of which Furniture and vehicles: +€14,931
- Profit (loss) carried forward +€169,643
up €169,643 (+65.7%), from €258,203 to €427,846
- Other debts +€68,490
up €68,490 (+3,987%), from €1,718 to €70,208
- Tax, wage and social debts +€36,042
up €36,042 (+37.7%), from €95,487 to €131,529
of which Taxes: +€38,042
- Gross operating margin +€7,811
up €7,811 (+3.4%), from €230,664 to €238,476
- Taxes +€5,445
up €5,445 (+10.2%), from €53,355 to €58,800
- Depreciation +€4,676
up €4,676 (+679%), from €689 to €5,364
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 | €357,164 | €631,142 | +€273,978 | +76.7% |
| Fixed assets | 21/28 | €5,436 | €521,207 | +€515,771 | +9,488% |
| Tangible fixed assets | 22/27 | €5,436 | €21,152 | +€15,716 | +289% |
| Furniture and vehicles | 24 | €778 | €15,708 | +€14,931 | +1,919% |
| Other tangible fixed assets | 26 | €4,658 | €5,443 | +€785 | +16.9% |
| Financial fixed assets | 28 | €0 | €500,055 | +€500,055 | |
| Current assets | 29/58 | €351,728 | €109,935 | -€241,793 | -68.7% |
| Amounts receivable after more than one year | 29 | €31,687 | - | -€31,687 | |
| Other amounts receivable | 291 | €31,687 | - | -€31,687 | |
| Amounts receivable within one year | 40/41 | €92,115 | €20,071 | -€72,045 | -78.2% |
| Trade receivables | 40 | €26,329 | €20,071 | -€6,258 | -23.8% |
| Other amounts receivable | 41 | €65,786 | - | -€65,786 | |
| Current investments | 50/53 | €125,000 | €525 | -€124,475 | -99.6% |
| Cash at bank and in hand | 54/58 | €100,385 | €86,053 | -€14,332 | -14.3% |
| Deferred charges and accrued income | 490/1 | €2,541 | €3,286 | +€745 | +29.3% |
| Total equity and liabilities | 10/49 | €357,164 | €631,142 | +€273,978 | +76.7% |
| Equity | 10/15 | €259,603 | €429,246 | +€169,643 | +65.3% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,203 | €427,846 | +€169,643 | +65.7% |
| Amounts payable | 17/49 | €97,561 | €201,896 | +€104,335 | +107% |
| Amounts payable within one year | 42/48 | €97,553 | €201,896 | +€104,343 | +107% |
| Trade debts | 44 | €348 | €159 | -€189 | -54.3% |
| Suppliers | 440/4 | €348 | €159 | -€189 | -54.3% |
| Taxes, remuneration and social security | 45 | €95,487 | €131,529 | +€36,042 | +37.7% |
| Taxes | 450/3 | €93,487 | €131,529 | +€38,042 | +40.7% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1,718 | €70,208 | +€68,490 | +3,987% |
| Accrued charges and deferred income | 492/3 | €9 | - | -€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €689 | €5,364 | +€4,676 | +679% |
| Gross operating margin | 9900 | €230,664 | €238,476 | +€7,811 | +3.4% |
| Operating profit (loss) | 9901 | €229,976 | €233,112 | +€3,136 | +1.4% |
| Financial income | 75/76B | €2,972 | €1,320 | -€1,652 | -55.6% |
| Recurring financial income | 75 | €2,972 | €1,320 | -€1,652 | -55.6% |
| Financial charges | 65/66B | €4,605 | €5,988 | +€1,383 | +30.0% |
| Recurring financial charges | 65 | €4,605 | €5,988 | +€1,383 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €228,343 | €228,443 | +€101 | 0.0% |
| Income taxes | 67/77 | €53,355 | €58,800 | +€5,445 | +10.2% |
| Profit (loss) for the period | 9904 | €174,988 | €169,643 | -€5,344 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €174,988 | €169,643 | -€5,344 | -3.1% |
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 2 November 2026 via checked.be.