Violeta I: 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.
Violeta I
Largest movements
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Receivables within one year +€4,075
up €4,075 (+16.4%), from €24,850 to €28,925
of which Trade receivables: +€3,347
- Deferred charges and accrued income +€3,181
up €3,181 (+1147.7%), from €277 to €3,458
- Cash +€2,181
up €2,181 (+6.3%), from €34,433 to €36,614
mainly Net result for the year (+€101,610) and Current investments (+€40,000)
- Tangible fixed assets +€1,613
up €1,613 (+55.7%), from €2,894 to €4,507
of which Furniture and vehicles: +€1,908
- Tax, wage and social debts -€21,836
down €21,836 (-69.3%), from €31,487 to €9,651
- Other debts -€11,680
down €11,680 (-18.0%), from €64,997 to €53,316
- Trade debts +€4,953
up €4,953 (+8368.0%), from €59 to €5,012
- Gross operating margin +€16,656
up €16,656 (+13.3%), from €125,024 to €141,680
- Taxes +€10,106
up €10,106 (+38.9%), from €25,982 to €36,088
- Other operating charges -€6,790
down €6,790 (-91.5%), from €7,420 to €630
- Financial income -€2,805
down €2,805 (-92.8%), from €3,022 to €218
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 | €102,454 | €73,504 | -€28,950 | -28.3% |
| Fixed assets | 21/28 | €2,894 | €4,507 | +€1,613 | +55.7% |
| Tangible fixed assets | 22/27 | €2,894 | €4,507 | +€1,613 | +55.7% |
| Furniture and vehicles | 24 | - | €1,908 | +€1,908 | |
| Other tangible fixed assets | 26 | €2,894 | €2,600 | -€294 | -10.2% |
| Current assets | 29/58 | €99,560 | €68,996 | -€30,564 | -30.7% |
| Amounts receivable within one year | 40/41 | €24,850 | €28,925 | +€4,075 | +16.4% |
| Trade receivables | 40 | €16,425 | €19,772 | +€3,347 | +20.4% |
| Other amounts receivable | 41 | €8,425 | €9,152 | +€728 | +8.6% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €34,433 | €36,614 | +€2,181 | +6.3% |
| Deferred charges and accrued income | 490/1 | €277 | €3,458 | +€3,181 | +1147.7% |
| Total equity and liabilities | 10/49 | €102,454 | €73,504 | -€28,950 | -28.3% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €99,454 | €70,504 | -€28,950 | -29.1% |
| Amounts payable within one year | 42/48 | €96,557 | €67,979 | -€28,577 | -29.6% |
| Financial debts | 43 | €14 | - | -€14 | |
| Credit institutions | 430/8 | €14 | - | -€14 | |
| Trade debts | 44 | €59 | €5,012 | +€4,953 | +8368.0% |
| Suppliers | 440/4 | €59 | €5,012 | +€4,953 | +8368.0% |
| Taxes, remuneration and social security | 45 | €31,487 | €9,651 | -€21,836 | -69.3% |
| Taxes | 450/3 | €31,487 | €9,651 | -€21,836 | -69.3% |
| Other amounts payable | 47/48 | €64,997 | €53,316 | -€11,680 | -18.0% |
| Accrued charges and deferred income | 492/3 | €2,898 | €2,525 | -€373 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €818 | +€405 | +97.9% |
| Other operating charges | 640/8 | €7,420 | €630 | -€6,790 | -91.5% |
| Gross operating margin | 9900 | €125,024 | €141,680 | +€16,656 | +13.3% |
| Operating profit (loss) | 9901 | €117,190 | €140,231 | +€23,041 | +19.7% |
| Financial income | 75/76B | €3,022 | €218 | -€2,805 | -92.8% |
| Recurring financial income | 75 | €3,022 | €218 | -€2,805 | -92.8% |
| Financial charges | 65/66B | €1,783 | €2,752 | +€968 | +54.3% |
| Recurring financial charges | 65 | €1,783 | €2,752 | +€968 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | €118,429 | €137,698 | +€19,268 | +16.3% |
| Income taxes | 67/77 | €25,982 | €36,088 | +€10,106 | +38.9% |
| Profit (loss) for the period | 9904 | €92,447 | €101,610 | +€9,163 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,447 | €101,610 | +€9,163 | +9.9% |
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 11 October 2026 via checked.be.