Vilensa: what changed
Two fiscal 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.
Vilensa
Largest movements
- Cash -€73,224
down €73,224 (-77.1%), from €94,957 to €21,733
mainly Contributions, distributions and other (-€213,786) and Receivables within one year (-€17,272)
- Receivables within one year +€17,272
up €17,272 (+154.1%), from €11,210 to €28,482
of which Trade receivables: +€23,597
- Tangible fixed assets -€13,940
down €13,940 (-20.3%), from €68,749 to €54,809
of which Furniture and vehicles: -€10,779
- Deferred charges and accrued income -€1,968
down €1,968 (-51.5%), from €3,819 to €1,850
- Reserves -€130,000
down €130,000 (-90.1%), from €144,223 to €14,223
- Other debts +€53,861
up €53,861 (+179.5%), from €30,000 to €83,861
- Tax, wage and social debts +€6,143
new in 2025: €6,143
- Trade debts -€1,865
down €1,865 (-39.6%), from €4,711 to €2,846
- Gross operating margin +€75,736
up €75,736 (+154.3%), from €49,079 to €124,815
- Taxes +€15,021
up €15,021 (+148.8%), from €10,094 to €25,115
- Depreciation +€1,984
up €1,984 (+15.1%), from €13,173 to €15,157
- Financial income -€1,943
down €1,943 (-100.0%), from €1,943 to €0
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 | €183,934 | €112,073 | -€71,861 | -39.1% |
| Fixed assets | 21/28 | €68,749 | €54,809 | -€13,940 | -20.3% |
| Tangible fixed assets | 22/27 | €68,749 | €54,809 | -€13,940 | -20.3% |
| Plant, machinery and equipment | 23 | €55 | €0 | -€55 | -100.0% |
| Furniture and vehicles | 24 | €50,380 | €39,601 | -€10,779 | -21.4% |
| Other tangible fixed assets | 26 | €18,315 | €15,208 | -€3,107 | -17.0% |
| Current assets | 29/58 | €115,184 | €57,264 | -€57,921 | -50.3% |
| Amounts receivable within one year | 40/41 | €11,210 | €28,482 | +€17,272 | +154.1% |
| Trade receivables | 40 | - | €23,597 | +€23,597 | |
| Other amounts receivable | 41 | €11,210 | €4,885 | -€6,325 | -56.4% |
| Current investments | 50/53 | €5,199 | €5,199 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €94,957 | €21,733 | -€73,224 | -77.1% |
| Deferred charges and accrued income | 490/1 | €3,819 | €1,850 | -€1,968 | -51.5% |
| Total equity and liabilities | 10/49 | €183,934 | €112,073 | -€71,861 | -39.1% |
| Equity | 10/15 | €149,223 | €19,223 | -€130,000 | -87.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €144,223 | €14,223 | -€130,000 | -90.1% |
| Distributable reserves | 133 | €144,223 | €14,223 | -€130,000 | -90.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,711 | €92,851 | +€58,140 | +167.5% |
| Amounts payable within one year | 42/48 | €34,711 | €92,851 | +€58,140 | +167.5% |
| Trade debts | 44 | €4,711 | €2,846 | -€1,865 | -39.6% |
| Suppliers | 440/4 | €4,711 | €2,846 | -€1,865 | -39.6% |
| Taxes, remuneration and social security | 45 | - | €6,143 | +€6,143 | |
| Taxes | 450/3 | - | €6,143 | +€6,143 | |
| Other amounts payable | 47/48 | €30,000 | €83,861 | +€53,861 | +179.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,173 | €15,157 | +€1,984 | +15.1% |
| Other operating charges | 640/8 | €558 | €544 | -€14 | -2.5% |
| Gross operating margin | 9900 | €49,079 | €124,815 | +€75,736 | +154.3% |
| Operating profit (loss) | 9901 | €35,348 | €109,114 | +€73,767 | +208.7% |
| Financial income | 75/76B | €1,943 | €0 | -€1,943 | -100.0% |
| Recurring financial income | 75 | €1,943 | €0 | -€1,943 | -100.0% |
| Financial charges | 65/66B | €165 | €213 | +€48 | +28.9% |
| Recurring financial charges | 65 | €165 | €213 | +€48 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €37,125 | €108,901 | +€71,776 | +193.3% |
| Income taxes | 67/77 | €10,094 | €25,115 | +€15,021 | +148.8% |
| Profit (loss) for the period | 9904 | €27,031 | €83,786 | +€56,755 | +210.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,031 | €83,786 | +€56,755 | +210.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.