VILLA 2000: 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.
VILLA 2000
Largest movements
- Cash -€889,748
down €889,748 (-87.9%), from €1.0m to €121,989
mainly Investment in fixed assets (net) (-€1.0m) and Stocks and contracts (-€379,591)
- Tangible fixed assets +€856,255
up €856,255 (+29.4%), from €2.9m to €3.8m
- Receivables within one year -€537,555
down €537,555 (-10.2%), from €5.3m to €4.8m
of which Other amounts receivable: -€538,145
- Stocks and contracts +€379,591
up €379,591 (+218.9%), from €173,381 to €552,972
- Trade debts +€229,804
up €229,804 (+480.3%), from €47,849 to €277,653
- Reserves -€176,814
down €176,814 (-2.5%), from €7.0m to €6.8m
of which Tax-exempt reserves: -€252,471
- Financial income +€38,836
up €38,836 (+81.3%), from €47,779 to €86,615
- Financial charges -€10,785
down €10,785 (-9.1%), from €118,548 to €107,763
- Depreciation +€9,416
up €9,416 (+5.2%), from €179,564 to €188,980
- Other operating charges -€5,308
down €5,308 (-51.1%), from €10,395 to €5,088
- Gross operating margin -€2,886
down €2,886 (-7.5%), from -€38,376 to -€41,262
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 | €11,731,070 | €11,589,187 | -€141,884 | -1.2% |
| Fixed assets | 21/28 | €4,239,813 | €5,097,677 | +€857,865 | +20.2% |
| Tangible fixed assets | 22/27 | €2,913,183 | €3,769,437 | +€856,255 | +29.4% |
| Land and buildings | 22 | €2,913,183 | €3,769,437 | +€856,255 | +29.4% |
| Financial fixed assets | 28 | €1,326,630 | €1,328,240 | +€1,610 | +0.1% |
| Current assets | 29/58 | €7,491,258 | €6,491,509 | -€999,748 | -13.3% |
| Stocks and contracts in progress | 3 | €173,381 | €552,972 | +€379,591 | +218.9% |
| Stocks | 30/36 | €173,381 | €552,972 | +€379,591 | +218.9% |
| Amounts receivable within one year | 40/41 | €5,292,484 | €4,754,928 | -€537,555 | -10.2% |
| Trade receivables | 40 | €1,164 | €1,754 | +€589 | +50.6% |
| Other amounts receivable | 41 | €5,291,319 | €4,753,175 | -€538,145 | -10.2% |
| Current investments | 50/53 | €978,039 | €1,034,808 | +€56,769 | +5.8% |
| Cash at bank and in hand | 54/58 | €1,011,737 | €121,989 | -€889,748 | -87.9% |
| Deferred charges and accrued income | 490/1 | €35,617 | €26,812 | -€8,805 | -24.7% |
| Total equity and liabilities | 10/49 | €11,731,070 | €11,589,187 | -€141,884 | -1.2% |
| Equity | 10/15 | €8,463,365 | €8,286,550 | -€176,814 | -2.1% |
| Contributions | 10/11 | €1,442,950 | €1,442,950 | = | 0.0% |
| Reserves | 13 | €7,020,415 | €6,843,600 | -€176,814 | -2.5% |
| Tax-exempt reserves | 132 | €1,537,860 | €1,285,389 | -€252,471 | -16.4% |
| Distributable reserves | 133 | €5,482,555 | €5,558,212 | +€75,657 | +1.4% |
| Provisions and deferred taxes | 16 | €504,737 | €425,074 | -€79,663 | -15.8% |
| Deferred taxes | 168 | €504,737 | €425,074 | -€79,663 | -15.8% |
| Amounts payable | 17/49 | €2,762,969 | €2,877,562 | +€114,594 | +4.1% |
| Amounts payable after more than one year | 17 | €2,585,143 | €2,474,252 | -€110,891 | -4.3% |
| Financial debts | 170/4 | €2,585,143 | €2,474,252 | -€110,891 | -4.3% |
| Amounts payable within one year | 42/48 | €168,414 | €394,712 | +€226,299 | +134.4% |
| Current portion of amounts payable after more than one year | 42 | €110,891 | €110,891 | = | 0.0% |
| Trade debts | 44 | €47,849 | €277,653 | +€229,804 | +480.3% |
| Suppliers | 440/4 | €47,849 | €277,653 | +€229,804 | +480.3% |
| Taxes, remuneration and social security | 45 | €9,674 | €6,169 | -€3,505 | -36.2% |
| Taxes | 450/3 | €9,674 | €6,169 | -€3,505 | -36.2% |
| Accrued charges and deferred income | 492/3 | €9,412 | €8,597 | -€815 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,564 | €188,980 | +€9,416 | +5.2% |
| Other operating charges | 640/8 | €10,395 | €5,088 | -€5,308 | -51.1% |
| Gross operating margin | 9900 | -€38,376 | -€41,262 | -€2,886 | -7.5% |
| Operating profit (loss) | 9901 | -€228,335 | -€235,329 | -€6,995 | -3.1% |
| Financial income | 75/76B | €47,779 | €86,615 | +€38,836 | +81.3% |
| Recurring financial income | 75 | €47,779 | €86,615 | +€38,836 | +81.3% |
| Financial charges | 65/66B | €118,548 | €107,763 | -€10,785 | -9.1% |
| Recurring financial charges | 65 | €118,548 | €107,763 | -€10,785 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€299,104 | -€256,477 | +€42,626 | +14.3% |
| Transfer from deferred taxes | 780 | €30,770 | €79,663 | +€48,893 | +158.9% |
| Profit (loss) for the period | 9904 | -€268,333 | -€176,814 | +€91,519 | +34.1% |
| Transfer from tax-exempt reserves | 789 | €92,311 | €252,471 | +€160,160 | +173.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€176,023 | €75,657 | +€251,679 |
Source: filed annual accounts (NBB), fiscal years ended 29 December 2024 and 29 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.