VIOTECH: 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.
VIOTECH
Largest movements
- Cash +€68,727
up €68,727 (+123.4%), from €55,686 to €124,413
mainly Net result for the year (+€58,515) and Receivables within one year (+€15,527)
- Receivables within one year -€15,527
down €15,527 (-7.3%), from €213,091 to €197,564
of which Trade receivables: -€10,316
- Profit (loss) carried forward +€58,515
up €58,515 (+54.2%), from €107,972 to €166,487
- Tax, wage and social debts +€8,012
up €8,012 (+163.7%), from €4,895 to €12,907
of which Taxes: +€5,615
- Trade debts -€7,202
down €7,202 (-6.9%), from €104,672 to €97,471
- Gross operating margin +€49,349
up €49,349 (+46.4%), from €106,368 to €155,718
- Staff costs +€9,845
up €9,845 (+14.8%), from €66,636 to €76,481
- Taxes +€7,985
up €7,985 (+101.9%), from €7,839 to €15,824
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 | €273,694 | €332,836 | +€59,142 | +21.6% |
| Fixed assets | 21/28 | €1,072 | €4,027 | +€2,956 | +275.8% |
| Tangible fixed assets | 22/27 | €1,072 | €4,027 | +€2,956 | +275.8% |
| Plant, machinery and equipment | 23 | - | €987 | +€987 | |
| Furniture and vehicles | 24 | €1,072 | €3,040 | +€1,968 | +183.7% |
| Current assets | 29/58 | €272,623 | €328,809 | +€56,186 | +20.6% |
| Amounts receivable within one year | 40/41 | €213,091 | €197,564 | -€15,527 | -7.3% |
| Trade receivables | 40 | €204,134 | €193,818 | -€10,316 | -5.1% |
| Other amounts receivable | 41 | €8,957 | €3,746 | -€5,212 | -58.2% |
| Cash at bank and in hand | 54/58 | €55,686 | €124,413 | +€68,727 | +123.4% |
| Deferred charges and accrued income | 490/1 | €3,846 | €6,832 | +€2,986 | +77.6% |
| Total equity and liabilities | 10/49 | €273,694 | €332,836 | +€59,142 | +21.6% |
| Equity | 10/15 | €157,972 | €216,487 | +€58,515 | +37.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,972 | €166,487 | +€58,515 | +54.2% |
| Amounts payable | 17/49 | €115,723 | €116,349 | +€627 | +0.5% |
| Amounts payable within one year | 42/48 | €115,723 | €116,349 | +€627 | +0.5% |
| Financial debts | 43 | €809 | €772 | -€37 | -4.6% |
| Credit institutions | 430/8 | €809 | €772 | -€37 | -4.6% |
| Trade debts | 44 | €104,672 | €97,471 | -€7,202 | -6.9% |
| Suppliers | 440/4 | €104,672 | €97,471 | -€7,202 | -6.9% |
| Taxes, remuneration and social security | 45 | €4,895 | €12,907 | +€8,012 | +163.7% |
| Taxes | 450/3 | €210 | €5,824 | +€5,615 | +2677.5% |
| Remuneration and social security | 454/9 | €4,685 | €7,083 | +€2,398 | +51.2% |
| Other amounts payable | 47/48 | €5,347 | €5,200 | -€146 | -2.7% |
| Remuneration, social security and pensions | 62 | €66,636 | €76,481 | +€9,845 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €992 | +€669 | +206.6% |
| Other operating charges | 640/8 | €3,262 | €3,178 | -€83 | -2.6% |
| Gross operating margin | 9900 | €106,368 | €155,718 | +€49,349 | +46.4% |
| Operating profit (loss) | 9901 | €36,147 | €75,066 | +€38,919 | +107.7% |
| Financial income | 75/76B | €120 | €3 | -€118 | -97.9% |
| Recurring financial income | 75 | €120 | €3 | -€118 | -97.9% |
| Financial charges | 65/66B | €556 | €730 | +€174 | +31.4% |
| Recurring financial charges | 65 | €556 | €730 | +€174 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €35,712 | €74,339 | +€38,627 | +108.2% |
| Income taxes | 67/77 | €7,839 | €15,824 | +€7,985 | +101.9% |
| Profit (loss) for the period | 9904 | €27,873 | €58,515 | +€30,642 | +109.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,873 | €58,515 | +€30,642 | +109.9% |
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.