VILLEGIA: 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.
VILLEGIA
Largest movements
- Tangible fixed assets -€21,640
down €21,640 (-4.8%), from €446,778 to €425,139
of which Land and buildings: -€15,732
- Cash -€12,568
down €12,568 (-66.8%), from €18,810 to €6,242
mainly Net result for the year (-€19,102) and Debts after one year (-€16,723)
- Profit (loss) carried forward -€19,102
down €19,102 (-9.2%), from -€208,106 to -€227,209
- Debts after one year -€16,723
down €16,723 (-14.9%), from €112,037 to €95,313
- Depreciation -€13,795
down €13,795 (-38.9%), from €35,435 to €21,640
- Financial charges -€660
down €660 (-10.9%), from €6,055 to €5,395
- Other operating charges +€641
up €641 (+50.2%), from €1,277 to €1,918
- Gross operating margin +€117
up €117 (+1.2%), from €9,733 to €9,850
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 | €467,194 | €433,072 | -€34,121 | -7.3% |
| Fixed assets | 21/28 | €446,778 | €425,139 | -€21,640 | -4.8% |
| Tangible fixed assets | 22/27 | €446,778 | €425,139 | -€21,640 | -4.8% |
| Land and buildings | 22 | €409,533 | €393,800 | -€15,732 | -3.8% |
| Plant, machinery and equipment | 23 | €37,246 | €31,338 | -€5,908 | -15.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €20,415 | €7,934 | -€12,482 | -61.1% |
| Cash at bank and in hand | 54/58 | €18,810 | €6,242 | -€12,568 | -66.8% |
| Deferred charges and accrued income | 490/1 | €1,606 | €1,692 | +€86 | +5.4% |
| Total equity and liabilities | 10/49 | €467,194 | €433,072 | -€34,121 | -7.3% |
| Equity | 10/15 | -€189,506 | -€208,609 | -€19,102 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€208,106 | -€227,209 | -€19,102 | -9.2% |
| Amounts payable | 17/49 | €656,700 | €641,681 | -€15,019 | -2.3% |
| Amounts payable after more than one year | 17 | €112,037 | €95,313 | -€16,723 | -14.9% |
| Financial debts | 170/4 | €112,037 | €95,313 | -€16,723 | -14.9% |
| Amounts payable within one year | 42/48 | €544,663 | €546,368 | +€1,704 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €16,019 | €16,723 | +€704 | +4.4% |
| Other amounts payable | 47/48 | €528,644 | €529,644 | +€1,000 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,435 | €21,640 | -€13,795 | -38.9% |
| Other operating charges | 640/8 | €1,277 | €1,918 | +€641 | +50.2% |
| Gross operating margin | 9900 | €9,733 | €9,850 | +€117 | +1.2% |
| Operating profit (loss) | 9901 | -€26,979 | -€13,707 | +€13,272 | +49.2% |
| Financial charges | 65/66B | €6,055 | €5,395 | -€660 | -10.9% |
| Recurring financial charges | 65 | €6,055 | €5,395 | -€660 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€33,033 | -€19,102 | +€13,931 | +42.2% |
| Profit (loss) for the period | 9904 | -€33,033 | -€19,102 | +€13,931 | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,033 | -€19,102 | +€13,931 | +42.2% |
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 9 October 2026 via checked.be.