Viv@: 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.
Viv@
Largest movements
- Receivables within one year +€240,938
up €240,938 (+17.9%), from €1.3m to €1.6m
of which Other amounts receivable: +€211,317
- Tangible fixed assets -€198,057
down €198,057 (-9.9%), from €2.0m to €1.8m
of which Land and buildings: -€188,636
- Profit (loss) carried forward +€69,132
up €69,132 (+13.5%), from €512,232 to €581,364
- Debts after one year -€50,392
down €50,392 (-6.6%), from €760,455 to €710,063
- Depreciation -€7,900
down €7,900 (-3.8%), from €205,957 to €198,057
- Financial income +€6,031
up €6,031 (+8.3%), from €72,663 to €78,694
- Taxes +€5,475
up €5,475 (+25.9%), from €21,141 to €26,616
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 | €3,357,329 | €3,389,210 | +€31,881 | +0.9% |
| Fixed assets | 21/28 | €1,995,481 | €1,797,424 | -€198,057 | -9.9% |
| Tangible fixed assets | 22/27 | €1,995,481 | €1,797,424 | -€198,057 | -9.9% |
| Land and buildings | 22 | €1,965,051 | €1,776,415 | -€188,636 | -9.6% |
| Furniture and vehicles | 24 | €20,030 | €10,609 | -€9,421 | -47.0% |
| Other tangible fixed assets | 26 | €10,400 | €10,400 | = | 0.0% |
| Current assets | 29/58 | €1,361,848 | €1,591,786 | +€229,938 | +16.9% |
| Amounts receivable within one year | 40/41 | €1,349,245 | €1,590,183 | +€240,938 | +17.9% |
| Trade receivables | 40 | - | €29,621 | +€29,621 | |
| Other amounts receivable | 41 | €1,349,245 | €1,560,562 | +€211,317 | +15.7% |
| Cash at bank and in hand | 54/58 | €12,603 | €1,603 | -€11,000 | -87.3% |
| Total equity and liabilities | 10/49 | €3,357,329 | €3,389,210 | +€31,881 | +0.9% |
| Equity | 10/15 | €2,479,900 | €2,549,032 | +€69,132 | +2.8% |
| Contributions | 10/11 | €1,948,700 | €1,948,700 | = | 0.0% |
| Reserves | 13 | €18,968 | €18,968 | = | 0.0% |
| Distributable reserves | 133 | €18,968 | €18,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | €512,232 | €581,364 | +€69,132 | +13.5% |
| Amounts payable | 17/49 | €877,429 | €840,177 | -€37,252 | -4.2% |
| Amounts payable after more than one year | 17 | €760,455 | €710,063 | -€50,392 | -6.6% |
| Financial debts | 170/4 | €760,455 | €710,063 | -€50,392 | -6.6% |
| Amounts payable within one year | 42/48 | €116,974 | €130,114 | +€13,141 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €48,417 | €50,392 | +€1,975 | +4.1% |
| Trade debts | 44 | €29,938 | €14,166 | -€15,772 | -52.7% |
| Suppliers | 440/4 | €29,938 | €14,166 | -€15,772 | -52.7% |
| Taxes, remuneration and social security | 45 | €38,618 | €65,556 | +€26,937 | +69.8% |
| Taxes | 450/3 | €35,876 | €62,454 | +€26,578 | +74.1% |
| Remuneration and social security | 454/9 | €2,743 | €3,102 | +€359 | +13.1% |
| Non-recurring operating income | 76A | - | €13,544 | +€13,544 | |
| Remuneration, social security and pensions | 62 | €20,861 | €22,461 | +€1,601 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205,957 | €198,057 | -€7,900 | -3.8% |
| Other operating charges | 640/8 | €1,991 | €2,246 | +€255 | +12.8% |
| Gross operating margin | 9900 | €269,183 | €271,582 | +€2,399 | +0.9% |
| Operating profit (loss) | 9901 | €40,374 | €48,817 | +€8,443 | +20.9% |
| Financial income | 75/76B | €72,663 | €78,694 | +€6,031 | +8.3% |
| Recurring financial income | 75 | €72,663 | €78,694 | +€6,031 | +8.3% |
| Financial charges | 65/66B | €34,299 | €31,763 | -€2,537 | -7.4% |
| Recurring financial charges | 65 | €34,299 | €31,763 | -€2,537 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €78,737 | €95,748 | +€17,011 | +21.6% |
| Income taxes | 67/77 | €21,141 | €26,616 | +€5,475 | +25.9% |
| Profit (loss) for the period | 9904 | €57,596 | €69,132 | +€11,536 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,596 | €69,132 | +€11,536 | +20.0% |
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 6 October 2026 via checked.be.