VIOLA & MOULRON: 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.
VIOLA & MOULRON
Largest movements
- Cash -€21,863
down €21,863 (-69.7%), from €31,369 to €9,506
mainly Receivables within one year (-€17,025) and Investment in fixed assets (net) (-€14,575)
- Receivables within one year +€17,025
up €17,025 (+367.2%), from €4,636 to €21,661
of which Trade receivables: +€18,462
- Stocks and contracts +€5,328
new in 2025: €5,328
- Tangible fixed assets +€4,457
up €4,457 (+21.4%), from €20,803 to €25,260
of which Plant, machinery and equipment: +€5,861
- Deferred charges and accrued income -€797
down €797 (-85.6%), from €932 to €134
- Other debts +€15,096
new in 2025: €15,096
- Trade debts -€14,532
down €14,532 (-76.3%), from €19,036 to €4,504
- Tax, wage and social debts +€4,535
up €4,535 (+59.9%), from €7,575 to €12,110
of which Remuneration and social security: +€4,535
- Profit (loss) carried forward -€948
down €948 (-3.3%), from €29,128 to €28,180
- Gross operating margin -€46,245
down €46,245 (-69.7%), from €66,301 to €20,056
- Staff costs -€11,585
down €11,585 (-52.6%), from €22,045 to €10,460
- Taxes -€7,575
down €7,575 (-100.0%), from €7,575 to €0
- Depreciation +€4,139
up €4,139 (+69.2%), from €5,979 to €10,118
- Other operating charges -€889
down €889 (-72.6%), from €1,225 to €336
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 | €57,739 | €61,889 | +€4,150 | +7.2% |
| Fixed assets | 21/28 | €20,803 | €25,260 | +€4,457 | +21.4% |
| Tangible fixed assets | 22/27 | €20,803 | €25,260 | +€4,457 | +21.4% |
| Plant, machinery and equipment | 23 | €3,754 | €9,615 | +€5,861 | +156.1% |
| Furniture and vehicles | 24 | €17,049 | €15,646 | -€1,403 | -8.2% |
| Current assets | 29/58 | €36,936 | €36,629 | -€307 | -0.8% |
| Stocks and contracts in progress | 3 | - | €5,328 | +€5,328 | |
| Stocks | 30/36 | - | €5,328 | +€5,328 | |
| Amounts receivable within one year | 40/41 | €4,636 | €21,661 | +€17,025 | +367.2% |
| Trade receivables | 40 | €239 | €18,701 | +€18,462 | +7719.6% |
| Other amounts receivable | 41 | €4,397 | €2,959 | -€1,438 | -32.7% |
| Cash at bank and in hand | 54/58 | €31,369 | €9,506 | -€21,863 | -69.7% |
| Deferred charges and accrued income | 490/1 | €932 | €134 | -€797 | -85.6% |
| Total equity and liabilities | 10/49 | €57,739 | €61,889 | +€4,150 | +7.2% |
| Equity | 10/15 | €31,128 | €30,180 | -€948 | -3.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,128 | €28,180 | -€948 | -3.3% |
| Amounts payable | 17/49 | €26,611 | €31,709 | +€5,098 | +19.2% |
| Amounts payable within one year | 42/48 | €26,611 | €31,709 | +€5,098 | +19.2% |
| Trade debts | 44 | €19,036 | €4,504 | -€14,532 | -76.3% |
| Suppliers | 440/4 | €19,036 | €4,504 | -€14,532 | -76.3% |
| Taxes, remuneration and social security | 45 | €7,575 | €12,110 | +€4,535 | +59.9% |
| Taxes | 450/3 | €7,575 | €7,575 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €4,535 | +€4,535 | |
| Other amounts payable | 47/48 | - | €15,096 | +€15,096 | |
| Remuneration, social security and pensions | 62 | €22,045 | €10,460 | -€11,585 | -52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,979 | €10,118 | +€4,139 | +69.2% |
| Other operating charges | 640/8 | €1,225 | €336 | -€889 | -72.6% |
| Gross operating margin | 9900 | €66,301 | €20,056 | -€46,245 | -69.7% |
| Operating profit (loss) | 9901 | €37,052 | -€858 | -€37,910 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.0% |
| Financial charges | 65/66B | €349 | €91 | -€258 | -74.0% |
| Recurring financial charges | 65 | €349 | €91 | -€258 | -74.0% |
| Profit (loss) for the period before taxes | 9903 | €36,703 | -€948 | -€37,652 | |
| Income taxes | 67/77 | €7,575 | €0 | -€7,575 | -100.0% |
| Profit (loss) for the period | 9904 | €29,128 | -€948 | -€30,077 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,128 | -€948 | -€30,077 |
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 10 October 2026 via checked.be.