VILEDES: 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.
VILEDES
Largest movements
- Stocks and contracts +€51,116
up €51,116 (+3.5%), from €1.5m to €1.5m
- Cash -€50,918
down €50,918 (-94.1%), from €54,097 to €3,180
mainly Net result for the year (-€100,950) and Stocks and contracts (-€51,116)
- Profit (loss) carried forward -€100,950
down €100,950 (-1,042%), from -€9,685 to -€110,635
- Other debts +€93,767
up €93,767 (+12.8%), from €731,025 to €824,791
- Financial charges +€13,671
up €13,671 (+54.3%), from €25,157 to €38,828
- Other operating charges +€9,083
up €9,083 (+564%), from €1,611 to €10,694
- Gross operating margin -€3,078
down €3,078 (-8.5%), from -€36,331 to -€39,409
- Depreciation -€3,056
down €3,056 (-20.6%), from €14,833 to €11,777
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 | €1,557,775 | €1,550,855 | -€6,920 | -0.4% |
| Fixed assets | 21/28 | €21,876 | €11,169 | -€10,708 | -48.9% |
| Tangible fixed assets | 22/27 | €20,406 | €9,699 | -€10,708 | -52.5% |
| Plant, machinery and equipment | 23 | €1,289 | €944 | -€345 | -26.7% |
| Furniture and vehicles | 24 | €8,732 | €5,657 | -€3,075 | -35.2% |
| Other tangible fixed assets | 26 | €10,386 | €3,098 | -€7,288 | -70.2% |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €1,535,898 | €1,539,686 | +€3,788 | +0.2% |
| Stocks and contracts in progress | 3 | €1,472,419 | €1,523,535 | +€51,116 | +3.5% |
| Stocks | 30/36 | €1,472,419 | €1,523,535 | +€51,116 | +3.5% |
| Amounts receivable within one year | 40/41 | €4,585 | €8,343 | +€3,758 | +82.0% |
| Trade receivables | 40 | €4,395 | €8,318 | +€3,923 | +89.3% |
| Other amounts receivable | 41 | €191 | €25 | -€166 | -86.9% |
| Cash at bank and in hand | 54/58 | €54,097 | €3,180 | -€50,918 | -94.1% |
| Deferred charges and accrued income | 490/1 | €4,798 | €4,629 | -€168 | -3.5% |
| Total equity and liabilities | 10/49 | €1,557,775 | €1,550,855 | -€6,920 | -0.4% |
| Equity | 10/15 | €36,127 | -€64,823 | -€100,950 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €33,412 | €33,412 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,552 | €31,552 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,685 | -€110,635 | -€100,950 | -1,042% |
| Amounts payable | 17/49 | €1,521,647 | €1,615,678 | +€94,030 | +6.2% |
| Amounts payable within one year | 42/48 | €1,520,012 | €1,614,198 | +€94,185 | +6.2% |
| Financial debts | 43 | €785,000 | €785,000 | = | 0.0% |
| Credit institutions | 430/8 | €785,000 | €785,000 | = | 0.0% |
| Trade debts | 44 | €1,198 | €3,550 | +€2,352 | +196% |
| Suppliers | 440/4 | €1,198 | €3,550 | +€2,352 | +196% |
| Taxes, remuneration and social security | 45 | €2,790 | €857 | -€1,933 | -69.3% |
| Taxes | 450/3 | €2,790 | €857 | -€1,933 | -69.3% |
| Other amounts payable | 47/48 | €731,025 | €824,791 | +€93,767 | +12.8% |
| Accrued charges and deferred income | 492/3 | €1,635 | €1,480 | -€155 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,833 | €11,777 | -€3,056 | -20.6% |
| Other operating charges | 640/8 | €1,611 | €10,694 | +€9,083 | +564% |
| Gross operating margin | 9900 | -€36,331 | -€39,409 | -€3,078 | -8.5% |
| Operating profit (loss) | 9901 | -€52,774 | -€61,879 | -€9,105 | -17.3% |
| Financial income | 75/76B | €251 | €0 | -€250 | -99.8% |
| Recurring financial income | 75 | €251 | €0 | -€250 | -99.8% |
| Financial charges | 65/66B | €25,157 | €38,828 | +€13,671 | +54.3% |
| Recurring financial charges | 65 | €25,157 | €38,828 | +€13,671 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | -€77,680 | -€100,706 | -€23,026 | -29.6% |
| Income taxes | 67/77 | €257 | €244 | -€13 | -5.0% |
| Profit (loss) for the period | 9904 | -€77,937 | -€100,950 | -€23,013 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,937 | -€100,950 | -€23,013 | -29.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.