VILLA SINGHA: 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.
VILLA SINGHA
Largest movements
- Cash -€112,255
down €112,255 (-96.5%), from €116,337 to €4,082
mainly Other debts (-€80,501) and Net result for the year (-€44,149)
- Tangible fixed assets -€14,526
down €14,526 (-21.0%), from €69,214 to €54,688
of which Furniture and vehicles: -€20,430
- Receivables within one year +€5,090
up €5,090 (+253%), from €2,010 to €7,100
of which Other amounts receivable: +€6,948
- Other debts -€80,501
down €80,501 (-93.7%), from €85,869 to €5,368
- Profit (loss) carried forward -€44,149
down €44,149, from €284 to -€43,865
- Trade debts +€3,669
up €3,669 (+25.9%), from €14,170 to €17,839
- Tax, wage and social debts -€2,259
down €2,259 (-7.1%), from €31,733 to €29,474
of which Remuneration and social security: -€1,204
- Gross operating margin -€58,339
down €58,339 (-40.8%), from €142,817 to €84,478
- Staff costs +€26,708
up €26,708 (+37.1%), from €72,056 to €98,764
- Taxes -€8,367
down €8,367 (-94.8%), from €8,824 to €457
- Depreciation -€3,415
down €3,415 (-10.6%), from €32,199 to €28,784
- Financial income -€1,552
down €1,552 (-51.7%), from €3,003 to €1,451
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 | €200,256 | €77,016 | -€123,240 | -61.5% |
| Fixed assets | 21/28 | €69,214 | €54,688 | -€14,526 | -21.0% |
| Tangible fixed assets | 22/27 | €69,214 | €54,688 | -€14,526 | -21.0% |
| Plant, machinery and equipment | 23 | €8,094 | €4,480 | -€3,614 | -44.7% |
| Furniture and vehicles | 24 | €48,804 | €28,374 | -€20,430 | -41.9% |
| Other tangible fixed assets | 26 | €12,316 | €21,834 | +€9,518 | +77.3% |
| Current assets | 29/58 | €131,042 | €22,328 | -€108,714 | -83.0% |
| Stocks and contracts in progress | 3 | €6,035 | €5,650 | -€385 | -6.4% |
| Stocks | 30/36 | €6,035 | €5,650 | -€385 | -6.4% |
| Amounts receivable within one year | 40/41 | €2,010 | €7,100 | +€5,090 | +253% |
| Trade receivables | 40 | €2,010 | €152 | -€1,858 | -92.4% |
| Other amounts receivable | 41 | - | €6,948 | +€6,948 | |
| Cash at bank and in hand | 54/58 | €116,337 | €4,082 | -€112,255 | -96.5% |
| Deferred charges and accrued income | 490/1 | €6,660 | €5,496 | -€1,164 | -17.5% |
| Total equity and liabilities | 10/49 | €200,256 | €77,016 | -€123,240 | -61.5% |
| Equity | 10/15 | €68,484 | €24,335 | -€44,149 | -64.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284 | -€43,865 | -€44,149 | |
| Amounts payable | 17/49 | €131,772 | €52,681 | -€79,091 | -60.0% |
| Amounts payable within one year | 42/48 | €131,772 | €52,681 | -€79,091 | -60.0% |
| Trade debts | 44 | €14,170 | €17,839 | +€3,669 | +25.9% |
| Suppliers | 440/4 | €14,170 | €17,839 | +€3,669 | +25.9% |
| Taxes, remuneration and social security | 45 | €31,733 | €29,474 | -€2,259 | -7.1% |
| Taxes | 450/3 | €28,032 | €26,977 | -€1,055 | -3.8% |
| Remuneration and social security | 454/9 | €3,701 | €2,497 | -€1,204 | -32.5% |
| Other amounts payable | 47/48 | €85,869 | €5,368 | -€80,501 | -93.7% |
| Remuneration, social security and pensions | 62 | €72,056 | €98,764 | +€26,708 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,199 | €28,784 | -€3,415 | -10.6% |
| Other operating charges | 640/8 | €1,337 | €1,503 | +€166 | +12.4% |
| Gross operating margin | 9900 | €142,817 | €84,478 | -€58,339 | -40.8% |
| Operating profit (loss) | 9901 | €37,225 | -€44,573 | -€81,798 | |
| Financial income | 75/76B | €3,003 | €1,451 | -€1,552 | -51.7% |
| Recurring financial income | 75 | €3,003 | €1,451 | -€1,552 | -51.7% |
| Financial charges | 65/66B | €808 | €570 | -€238 | -29.5% |
| Recurring financial charges | 65 | €808 | €570 | -€238 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €39,420 | -€43,692 | -€83,112 | |
| Income taxes | 67/77 | €8,824 | €457 | -€8,367 | -94.8% |
| Profit (loss) for the period | 9904 | €30,596 | -€44,149 | -€74,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,596 | -€44,149 | -€74,745 |
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 29 October 2026 via checked.be.