ViOph.arma: 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.
ViOph.arma
Largest movements
- Cash +€28,284
up €28,284 (+13.2%), from €213,773 to €242,057
mainly Net result for the year (+€61,723) and Depreciation (+€26,761)
- Intangible fixed assets -€17,166
down €17,166 (-22.6%), from €76,064 to €58,897
- Receivables within one year +€13,701
up €13,701 (+14.9%), from €92,008 to €105,709
of which Trade receivables: +€6,884
- Tangible fixed assets -€9,595
down €9,595 (-7.4%), from €129,930 to €120,336
of which Plant, machinery and equipment: -€5,320
- Stocks and contracts +€8,657
up €8,657 (+5.8%), from €148,901 to €157,558
- Other debts +€15,012
up €15,012 (+25.4%), from €59,052 to €74,064
- Debts after one year -€12,114
down €12,114 (-35.0%), from €34,582 to €22,468
- Trade debts +€9,144
up €9,144 (+7.5%), from €122,274 to €131,419
- Gross operating margin -€7,164
down €7,164 (-2.8%), from €260,073 to €252,910
- Staff costs +€6,658
up €6,658 (+5.0%), from €133,455 to €140,113
- Taxes -€2,979
down €2,979 (-11.7%), from €25,427 to €22,448
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 | €664,814 | €689,435 | +€24,621 | +3.7% |
| Fixed assets | 21/28 | €205,994 | €179,233 | -€26,761 | -13.0% |
| Intangible fixed assets | 21 | €76,064 | €58,897 | -€17,166 | -22.6% |
| Tangible fixed assets | 22/27 | €129,930 | €120,336 | -€9,595 | -7.4% |
| Land and buildings | 22 | €86,549 | €82,731 | -€3,818 | -4.4% |
| Plant, machinery and equipment | 23 | €42,459 | €37,138 | -€5,320 | -12.5% |
| Furniture and vehicles | 24 | €922 | €466 | -€456 | -49.5% |
| Current assets | 29/58 | €458,820 | €510,202 | +€51,382 | +11.2% |
| Stocks and contracts in progress | 3 | €148,901 | €157,558 | +€8,657 | +5.8% |
| Stocks | 30/36 | €148,901 | €157,558 | +€8,657 | +5.8% |
| Amounts receivable within one year | 40/41 | €92,008 | €105,709 | +€13,701 | +14.9% |
| Trade receivables | 40 | €85,752 | €92,636 | +€6,884 | +8.0% |
| Other amounts receivable | 41 | €6,256 | €13,073 | +€6,817 | +109.0% |
| Cash at bank and in hand | 54/58 | €213,773 | €242,057 | +€28,284 | +13.2% |
| Deferred charges and accrued income | 490/1 | €4,138 | €4,879 | +€741 | +17.9% |
| Total equity and liabilities | 10/49 | €664,814 | €689,435 | +€24,621 | +3.7% |
| Equity | 10/15 | €399,331 | €406,053 | +€6,723 | +1.7% |
| Contributions | 10/11 | €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% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €331,131 | €337,853 | +€6,723 | +2.0% |
| Amounts payable | 17/49 | €265,484 | €283,382 | +€17,899 | +6.7% |
| Amounts payable after more than one year | 17 | €34,582 | €22,468 | -€12,114 | -35.0% |
| Financial debts | 170/4 | €34,582 | €22,468 | -€12,114 | -35.0% |
| Amounts payable within one year | 42/48 | €230,880 | €255,044 | +€24,164 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €20,470 | €20,447 | -€23 | -0.1% |
| Trade debts | 44 | €122,274 | €131,419 | +€9,144 | +7.5% |
| Suppliers | 440/4 | €122,274 | €131,419 | +€9,144 | +7.5% |
| Taxes, remuneration and social security | 45 | €29,083 | €29,115 | +€32 | +0.1% |
| Taxes | 450/3 | €5,412 | €7,049 | +€1,637 | +30.3% |
| Remuneration and social security | 454/9 | €23,671 | €22,066 | -€1,606 | -6.8% |
| Other amounts payable | 47/48 | €59,052 | €74,064 | +€15,012 | +25.4% |
| Accrued charges and deferred income | 492/3 | €21 | €5,869 | +€5,848 | +27314.3% |
| Remuneration, social security and pensions | 62 | €133,455 | €140,113 | +€6,658 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,424 | €26,761 | +€337 | +1.3% |
| Other operating charges | 640/8 | €1,354 | €1,392 | +€38 | +2.8% |
| Non-recurring operating charges | 66A | €1,600 | - | -€1,600 | |
| Gross operating margin | 9900 | €260,073 | €252,910 | -€7,164 | -2.8% |
| Operating profit (loss) | 9901 | €97,240 | €84,644 | -€12,596 | -13.0% |
| Financial income | 75/76B | €1,046 | €1,443 | +€397 | +37.9% |
| Recurring financial income | 75 | €1,046 | €1,443 | +€397 | +37.9% |
| Financial charges | 65/66B | €1,982 | €1,916 | -€66 | -3.3% |
| Recurring financial charges | 65 | €1,982 | €1,916 | -€66 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €96,304 | €84,171 | -€12,133 | -12.6% |
| Income taxes | 67/77 | €25,427 | €22,448 | -€2,979 | -11.7% |
| Profit (loss) for the period | 9904 | €70,878 | €61,723 | -€9,155 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,878 | €61,723 | -€9,155 | -12.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.