VIV'ASSUR: 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.
VIV'ASSUR
Largest movements
- Cash +€119,647
up €119,647 (+19.7%), from €608,720 to €728,367
mainly Net result for the year (+€161,354) and Depreciation (+€96,471)
- Receivables after one year -€67,000
down €67,000 (-55.8%), from €120,000 to €53,000
- Tangible fixed assets -€27,678
down €27,678 (-3.0%), from €925,468 to €897,790
of which Plant, machinery and equipment: -€30,534
- Receivables within one year +€26,666
up €26,666 (+16.5%), from €161,636 to €188,302
of which Other amounts receivable: +€29,473
- Debts after one year -€43,987
down €43,987 (-10.1%), from €434,746 to €390,759
- Other debts +€37,161
up €37,161 (+34.3%), from €108,238 to €145,399
- Tax, wage and social debts -€24,473
down €24,473 (-22.6%), from €108,130 to €83,657
of which Taxes: -€32,501
- Trade debts +€19,001
up €19,001 (+163%), from €11,671 to €30,672
- Gross operating margin -€51,773
down €51,773 (-4.9%), from €1.1m to €1.0m
- Taxes -€37,877
down €37,877 (-31.4%), from €120,544 to €82,667
- Staff costs +€26,174
up €26,174 (+4.6%), from €566,962 to €593,136
- Other operating charges +€20,077
up €20,077 (+229%), from €8,783 to €28,860
- Financial charges +€13,815
up €13,815 (+31.7%), from €43,597 to €57,412
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 | €1,855,448 | €1,892,264 | +€36,816 | +2.0% |
| Fixed assets | 21/28 | €929,226 | €903,262 | -€25,964 | -2.8% |
| Tangible fixed assets | 22/27 | €925,468 | €897,790 | -€27,678 | -3.0% |
| Land and buildings | 22 | €683,113 | €655,820 | -€27,293 | -4.0% |
| Plant, machinery and equipment | 23 | €152,365 | €121,831 | -€30,534 | -20.0% |
| Furniture and vehicles | 24 | €89,990 | €120,139 | +€30,149 | +33.5% |
| Financial fixed assets | 28 | €3,758 | €5,472 | +€1,714 | +45.6% |
| Current assets | 29/58 | €926,222 | €989,001 | +€62,779 | +6.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €53,000 | -€67,000 | -55.8% |
| Other amounts receivable | 291 | €120,000 | €53,000 | -€67,000 | -55.8% |
| Amounts receivable within one year | 40/41 | €161,636 | €188,302 | +€26,666 | +16.5% |
| Trade receivables | 40 | €119,987 | €117,181 | -€2,807 | -2.3% |
| Other amounts receivable | 41 | €41,648 | €71,121 | +€29,473 | +70.8% |
| Current investments | 50/53 | €17,280 | €0 | -€17,280 | -100% |
| Cash at bank and in hand | 54/58 | €608,720 | €728,367 | +€119,647 | +19.7% |
| Deferred charges and accrued income | 490/1 | €18,586 | €19,333 | +€747 | +4.0% |
| Total equity and liabilities | 10/49 | €1,855,448 | €1,892,264 | +€36,816 | +2.0% |
| Equity | 10/15 | €1,037,449 | €1,054,156 | +€16,707 | +1.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €987,449 | €1,004,156 | +€16,707 | +1.7% |
| Distributable reserves | 133 | €987,449 | €1,004,156 | +€16,707 | +1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €817,999 | €838,107 | +€20,108 | +2.5% |
| Amounts payable after more than one year | 17 | €434,746 | €390,759 | -€43,987 | -10.1% |
| Financial debts | 170/4 | €434,746 | €390,759 | -€43,987 | -10.1% |
| Amounts payable within one year | 42/48 | €338,031 | €387,263 | +€49,232 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €109,992 | €127,535 | +€17,543 | +15.9% |
| Trade debts | 44 | €11,671 | €30,672 | +€19,001 | +163% |
| Suppliers | 440/4 | €11,671 | €30,672 | +€19,001 | +163% |
| Taxes, remuneration and social security | 45 | €108,130 | €83,657 | -€24,473 | -22.6% |
| Taxes | 450/3 | €37,899 | €5,398 | -€32,501 | -85.8% |
| Remuneration and social security | 454/9 | €70,231 | €78,259 | +€8,027 | +11.4% |
| Other amounts payable | 47/48 | €108,238 | €145,399 | +€37,161 | +34.3% |
| Accrued charges and deferred income | 492/3 | €45,222 | €60,086 | +€14,864 | +32.9% |
| Remuneration, social security and pensions | 62 | €566,962 | €593,136 | +€26,174 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,696 | €96,471 | +€9,776 | +11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €8,783 | €28,860 | +€20,077 | +229% |
| Gross operating margin | 9900 | €1,063,609 | €1,011,836 | -€51,773 | -4.9% |
| Operating profit (loss) | 9901 | €401,168 | €293,368 | -€107,800 | -26.9% |
| Financial income | 75/76B | €4,330 | €8,066 | +€3,736 | +86.3% |
| Recurring financial income | 75 | €4,330 | €8,066 | +€3,736 | +86.3% |
| Financial charges | 65/66B | €43,597 | €57,412 | +€13,815 | +31.7% |
| Recurring financial charges | 65 | €43,597 | €57,412 | +€13,815 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €361,900 | €244,021 | -€117,879 | -32.6% |
| Income taxes | 67/77 | €120,544 | €82,667 | -€37,877 | -31.4% |
| Profit (loss) for the period | 9904 | €241,355 | €161,354 | -€80,001 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €241,355 | €161,354 | -€80,001 | -33.1% |
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 27 October 2026 via checked.be.