VIOS: 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.
VIOS
Largest movements
- Cash +€155,951
up €155,951 (+41.7%), from €373,658 to €529,610
mainly Net result for the year (+€132,824) and Short-term financial debts (+€38,067)
- Tangible fixed assets -€24,038
down €24,038 (-8.4%), from €286,208 to €262,170
- Reserves +€132,824
up €132,824 (+184%), from €72,004 to €204,828
of which Distributable reserves: +€132,824
- Short-term financial debts +€38,067
new in 2025: €38,067
- Other debts -€15,431
down €15,431 (-39.6%), from €38,949 to €23,518
- Debts after one year -€15,150
down €15,150 (-8.8%), from €172,671 to €157,522
- Gross operating margin +€108,991
up €108,991 (+96.5%), from €112,902 to €221,893
- Taxes +€37,329
up €37,329 (+180%), from €20,777 to €58,106
- Depreciation +€6,034
up €6,034 (+30.1%), from €20,029 to €26,062
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 | €712,155 | €843,491 | +€131,336 | +18.4% |
| Fixed assets | 21/28 | €289,708 | €265,670 | -€24,038 | -8.3% |
| Tangible fixed assets | 22/27 | €286,208 | €262,170 | -€24,038 | -8.4% |
| Land and buildings | 22 | €250,046 | €241,793 | -€8,252 | -3.3% |
| Plant, machinery and equipment | 23 | €20,680 | €16,116 | -€4,565 | -22.1% |
| Furniture and vehicles | 24 | €15,482 | €4,261 | -€11,221 | -72.5% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €422,447 | €577,821 | +€155,374 | +36.8% |
| Amounts receivable within one year | 40/41 | €42,788 | €41,143 | -€1,646 | -3.8% |
| Trade receivables | 40 | €7,672 | €10,697 | +€3,025 | +39.4% |
| Other amounts receivable | 41 | €35,116 | €30,445 | -€4,671 | -13.3% |
| Cash at bank and in hand | 54/58 | €373,658 | €529,610 | +€155,951 | +41.7% |
| Deferred charges and accrued income | 490/1 | €6,000 | €7,069 | +€1,069 | +17.8% |
| Total equity and liabilities | 10/49 | €712,155 | €843,491 | +€131,336 | +18.4% |
| Equity | 10/15 | €456,180 | €589,004 | +€132,824 | +29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,004 | €204,828 | +€132,824 | +184% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,144 | €202,968 | +€132,824 | +189% |
| Profit (loss) carried forward | 14 | €365,576 | €365,576 | = | 0.0% |
| Amounts payable | 17/49 | €255,976 | €254,487 | -€1,488 | -0.6% |
| Amounts payable after more than one year | 17 | €172,671 | €157,522 | -€15,150 | -8.8% |
| Financial debts | 170/4 | €172,671 | €157,522 | -€15,150 | -8.8% |
| Amounts payable within one year | 42/48 | €83,305 | €96,966 | +€13,661 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €17,161 | €15,150 | -€2,011 | -11.7% |
| Financial debts | 43 | - | €38,067 | +€38,067 | |
| Credit institutions | 430/8 | - | €38,067 | +€38,067 | |
| Trade debts | 44 | €2,672 | €3,362 | +€690 | +25.8% |
| Suppliers | 440/4 | €2,672 | €3,362 | +€690 | +25.8% |
| Taxes, remuneration and social security | 45 | €24,523 | €16,870 | -€7,653 | -31.2% |
| Taxes | 450/3 | €21,242 | €13,571 | -€7,671 | -36.1% |
| Remuneration and social security | 454/9 | €3,281 | €3,299 | +€18 | +0.5% |
| Other amounts payable | 47/48 | €38,949 | €23,518 | -€15,431 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,029 | €26,062 | +€6,034 | +30.1% |
| Other operating charges | 640/8 | €1,512 | €1,543 | +€31 | +2.0% |
| Gross operating margin | 9900 | €112,902 | €221,893 | +€108,991 | +96.5% |
| Operating profit (loss) | 9901 | €91,362 | €194,288 | +€102,926 | +113% |
| Financial charges | 65/66B | €3,017 | €3,358 | +€340 | +11.3% |
| Recurring financial charges | 65 | €3,017 | €3,358 | +€340 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €88,344 | €190,930 | +€102,586 | +116% |
| Income taxes | 67/77 | €20,777 | €58,106 | +€37,329 | +180% |
| Profit (loss) for the period | 9904 | €67,567 | €132,824 | +€65,257 | +96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,567 | €132,824 | +€65,257 | +96.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.