VILALI: 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.
VILALI
Largest movements
- Cash +€30,031
up €30,031 (+164.1%), from €18,298 to €48,329
mainly Net result for the year (+€30,009) and Depreciation (+€22,960)
- Stocks and contracts -€14,232
down €14,232 (-3.2%), from €449,962 to €435,730
- Tangible fixed assets +€5,783
up €5,783 (+10.9%), from €53,084 to €58,867
of which Furniture and vehicles: +€16,892
- Reserves +€30,009
up €30,009 (+40.6%), from €73,885 to €103,894
- Tax, wage and social debts -€9,478
down €9,478 (-16.5%), from €57,377 to €47,899
of which Taxes: -€7,517
- Staff costs +€12,782
up €12,782 (+16.2%), from €78,718 to €91,500
- Financial charges +€7,451
up €7,451 (+79.7%), from €9,347 to €16,798
- Gross operating margin +€7,306
up €7,306 (+4.4%), from €166,877 to €174,183
- Depreciation +€6,229
up €6,229 (+37.2%), from €16,730 to €22,960
- Write-downs +€4,516
up €4,516, from -€4,483 to €33
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 | €540,487 | €560,718 | +€20,231 | +3.7% |
| Fixed assets | 21/28 | €62,646 | €68,429 | +€5,783 | +9.2% |
| Tangible fixed assets | 22/27 | €53,084 | €58,867 | +€5,783 | +10.9% |
| Plant, machinery and equipment | 23 | €19,700 | €11,987 | -€7,713 | -39.2% |
| Furniture and vehicles | 24 | €20,196 | €37,088 | +€16,892 | +83.6% |
| Leasing and similar rights | 25 | €6,144 | €4,385 | -€1,759 | -28.6% |
| Other tangible fixed assets | 26 | €7,044 | €5,407 | -€1,637 | -23.2% |
| Financial fixed assets | 28 | €9,562 | €9,562 | = | 0.0% |
| Current assets | 29/58 | €477,840 | €492,288 | +€14,448 | +3.0% |
| Stocks and contracts in progress | 3 | €449,962 | €435,730 | -€14,232 | -3.2% |
| Stocks | 30/36 | €449,962 | €435,730 | -€14,232 | -3.2% |
| Amounts receivable within one year | 40/41 | €8,393 | €6,443 | -€1,950 | -23.2% |
| Trade receivables | 40 | €8,393 | €4,056 | -€4,337 | -51.7% |
| Other amounts receivable | 41 | - | €2,387 | +€2,387 | |
| Cash at bank and in hand | 54/58 | €18,298 | €48,329 | +€30,031 | +164.1% |
| Deferred charges and accrued income | 490/1 | €1,187 | €1,786 | +€598 | +50.4% |
| Total equity and liabilities | 10/49 | €540,487 | €560,718 | +€20,231 | +3.7% |
| Equity | 10/15 | €365,885 | €395,894 | +€30,009 | +8.2% |
| Contributions | 10/11 | €292,000 | €292,000 | = | 0.0% |
| Reserves | 13 | €73,885 | €103,894 | +€30,009 | +40.6% |
| Distributable reserves | 133 | €73,885 | €103,894 | +€30,009 | +40.6% |
| Amounts payable | 17/49 | €174,602 | €164,824 | -€9,778 | -5.6% |
| Amounts payable after more than one year | 17 | €4,370 | €2,458 | -€1,912 | -43.8% |
| Financial debts | 170/4 | €4,370 | €2,458 | -€1,912 | -43.8% |
| Amounts payable within one year | 42/48 | €161,533 | €152,614 | -€8,920 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €1,797 | €1,912 | +€115 | +6.4% |
| Trade debts | 44 | €4,864 | €7,917 | +€3,053 | +62.8% |
| Suppliers | 440/4 | €4,864 | €7,917 | +€3,053 | +62.8% |
| Taxes, remuneration and social security | 45 | €57,377 | €47,899 | -€9,478 | -16.5% |
| Taxes | 450/3 | €45,378 | €37,861 | -€7,517 | -16.6% |
| Remuneration and social security | 454/9 | €11,998 | €10,037 | -€1,961 | -16.3% |
| Other amounts payable | 47/48 | €97,495 | €94,886 | -€2,610 | -2.7% |
| Accrued charges and deferred income | 492/3 | €8,699 | €9,753 | +€1,054 | +12.1% |
| Remuneration, social security and pensions | 62 | €78,718 | €91,500 | +€12,782 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,730 | €22,960 | +€6,229 | +37.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,483 | €33 | +€4,516 | |
| Other operating charges | 640/8 | €638 | €1,057 | +€419 | +65.7% |
| Gross operating margin | 9900 | €166,877 | €174,183 | +€7,306 | +4.4% |
| Operating profit (loss) | 9901 | €75,274 | €58,634 | -€16,640 | -22.1% |
| Financial income | 75/76B | €3,904 | €5,114 | +€1,210 | +31.0% |
| Recurring financial income | 75 | €3,904 | €5,114 | +€1,210 | +31.0% |
| Financial charges | 65/66B | €9,347 | €16,798 | +€7,451 | +79.7% |
| Recurring financial charges | 65 | €9,347 | €16,798 | +€7,451 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | €69,831 | €46,950 | -€22,881 | -32.8% |
| Income taxes | 67/77 | €20,194 | €16,941 | -€3,253 | -16.1% |
| Profit (loss) for the period | 9904 | €49,637 | €30,009 | -€19,628 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,637 | €30,009 | -€19,628 | -39.5% |
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 12 October 2026 via checked.be.