VIV GROUP: 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 GROUP
Largest movements
- Tangible fixed assets -€29,581
no longer reported in 2025 (was €29,581)
of which Furniture and vehicles: -€22,566
- Receivables within one year +€3,203
up €3,203 (+18.8%), from €17,025 to €20,228
of which Trade receivables: +€20,228
- Cash +€2,747
up €2,747 (+651%), from €422 to €3,169
mainly Investment in fixed assets (net) (+€22,565) and Depreciation (+€7,016)
- Deferred charges and accrued income -€615
no longer reported in 2025 (was €615)
- Debts after one year -€15,726
no longer reported in 2025 (was €15,726)
- Current portion of long-term debt -€7,880
no longer reported in 2025 (was €7,880)
- Tax, wage and social debts -€1,176
down €1,176 (-27.9%), from €4,216 to €3,040
- Other operating charges +€12,325
up €12,325 (+3,469%), from €355 to €12,680
- Depreciation -€8,746
down €8,746 (-55.5%), from €15,762 to €7,016
- Gross operating margin -€7,024
down €7,024 (-24.4%), from €28,745 to €21,721
- Taxes -€1,854
down €1,854 (-78.2%), from €2,370 to €516
- Financial charges -€641
down €641 (-36.0%), from €1,782 to €1,141
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 | €47,643 | €23,397 | -€24,246 | -50.9% |
| Fixed assets | 21/28 | €29,581 | - | -€29,581 | |
| Tangible fixed assets | 22/27 | €29,581 | - | -€29,581 | |
| Plant, machinery and equipment | 23 | €2,132 | - | -€2,132 | |
| Furniture and vehicles | 24 | €22,566 | - | -€22,566 | |
| Leasing and similar rights | 25 | €4,884 | - | -€4,884 | |
| Current assets | 29/58 | €18,061 | €23,397 | +€5,336 | +29.5% |
| Amounts receivable within one year | 40/41 | €17,025 | €20,228 | +€3,203 | +18.8% |
| Trade receivables | 40 | - | €20,228 | +€20,228 | |
| Other amounts receivable | 41 | €17,025 | - | -€17,025 | |
| Cash at bank and in hand | 54/58 | €422 | €3,169 | +€2,747 | +651% |
| Deferred charges and accrued income | 490/1 | €615 | - | -€615 | |
| Total equity and liabilities | 10/49 | €47,643 | €23,397 | -€24,246 | -50.9% |
| Equity | 10/15 | €19,821 | €20,189 | +€368 | +1.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,321 | €17,689 | +€368 | +2.1% |
| Amounts payable | 17/49 | €27,822 | €3,208 | -€24,614 | -88.5% |
| Amounts payable after more than one year | 17 | €15,726 | - | -€15,726 | |
| Financial debts | 170/4 | €15,726 | - | -€15,726 | |
| Amounts payable within one year | 42/48 | €12,096 | €3,208 | -€8,888 | -73.5% |
| Current portion of amounts payable after more than one year | 42 | €7,880 | - | -€7,880 | |
| Trade debts | 44 | - | €168 | +€168 | |
| Suppliers | 440/4 | - | €168 | +€168 | |
| Taxes, remuneration and social security | 45 | €4,216 | €3,040 | -€1,176 | -27.9% |
| Taxes | 450/3 | €4,216 | €3,040 | -€1,176 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,762 | €7,016 | -€8,746 | -55.5% |
| Other operating charges | 640/8 | €355 | €12,680 | +€12,325 | +3,469% |
| Gross operating margin | 9900 | €28,745 | €21,721 | -€7,024 | -24.4% |
| Operating profit (loss) | 9901 | €12,628 | €2,025 | -€10,603 | -84.0% |
| Financial income | 75/76B | €243 | - | -€243 | |
| Recurring financial income | 75 | €243 | - | -€243 | |
| Financial charges | 65/66B | €1,782 | €1,141 | -€641 | -36.0% |
| Recurring financial charges | 65 | €1,782 | €1,141 | -€641 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €11,089 | €884 | -€10,205 | -92.0% |
| Income taxes | 67/77 | €2,370 | €516 | -€1,854 | -78.2% |
| Profit (loss) for the period | 9904 | €8,719 | €368 | -€8,351 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,719 | €368 | -€8,351 | -95.8% |
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 17 October 2026 via checked.be.