VIVA: 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.
VIVA
Largest movements
- Receivables within one year +€635,779
up €635,779 (+634.0%), from €100,280 to €736,059
of which Trade receivables: +€632,561
- Cash -€302,835
down €302,835 (-86.0%), from €352,037 to €49,202
mainly Receivables within one year (-€635,779) and Debts after one year (-€49,957)
- Tangible fixed assets -€16,220
down €16,220 (-7.0%), from €232,817 to €216,597
of which Land and buildings: -€15,780
- Trade debts +€280,307
up €280,307 (+72.5%), from €386,812 to €667,119
- Reserves +€62,200
up €62,200 (+104.1%), from €59,753 to €121,953
of which Distributable reserves: +€62,200
- Debts after one year -€49,957
down €49,957 (-23.4%), from €213,412 to €163,455
- Tax, wage and social debts +€23,595
up €23,595 (+432.4%), from €5,457 to €29,052
of which Taxes: +€23,470
- Gross operating margin +€79,541
up €79,541 (+134.0%), from €59,375 to €138,916
- Taxes +€23,498
up €23,498 (+3024.2%), from €777 to €24,275
- Depreciation -€7,916
down €7,916 (-27.9%), from €28,356 to €20,440
- Staff costs +€2,204
up €2,204 (+7.6%), from €28,922 to €31,126
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 | €685,134 | €1,001,987 | +€316,853 | +46.2% |
| Fixed assets | 21/28 | €232,817 | €216,597 | -€16,220 | -7.0% |
| Tangible fixed assets | 22/27 | €232,817 | €216,597 | -€16,220 | -7.0% |
| Land and buildings | 22 | €230,895 | €215,115 | -€15,780 | -6.8% |
| Plant, machinery and equipment | 23 | €1,922 | €1,482 | -€440 | -22.9% |
| Current assets | 29/58 | €452,317 | €785,390 | +€333,073 | +73.6% |
| Amounts receivable within one year | 40/41 | €100,280 | €736,059 | +€635,779 | +634.0% |
| Trade receivables | 40 | €90,100 | €722,661 | +€632,561 | +702.1% |
| Other amounts receivable | 41 | €10,180 | €13,398 | +€3,218 | +31.6% |
| Cash at bank and in hand | 54/58 | €352,037 | €49,202 | -€302,835 | -86.0% |
| Deferred charges and accrued income | 490/1 | - | €129 | +€129 | |
| Total equity and liabilities | 10/49 | €685,134 | €1,001,987 | +€316,853 | +46.2% |
| Equity | 10/15 | €79,375 | €142,030 | +€62,655 | +78.9% |
| Contributions | 10/11 | €19,530 | €19,530 | = | 0.0% |
| Reserves | 13 | €59,753 | €121,953 | +€62,200 | +104.1% |
| Non-distributable reserves | 130/1 | €1,953 | €1,953 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,953 | €1,953 | = | 0.0% |
| Distributable reserves | 133 | €57,800 | €120,000 | +€62,200 | +107.6% |
| Profit (loss) carried forward | 14 | €92 | €547 | +€455 | +494.6% |
| Amounts payable | 17/49 | €605,759 | €859,957 | +€254,198 | +42.0% |
| Amounts payable after more than one year | 17 | €213,412 | €163,455 | -€49,957 | -23.4% |
| Other amounts payable | 178/9 | €213,412 | €163,455 | -€49,957 | -23.4% |
| Amounts payable within one year | 42/48 | €392,269 | €696,171 | +€303,902 | +77.5% |
| Trade debts | 44 | €386,812 | €667,119 | +€280,307 | +72.5% |
| Suppliers | 440/4 | €386,812 | €667,119 | +€280,307 | +72.5% |
| Taxes, remuneration and social security | 45 | €5,457 | €29,052 | +€23,595 | +432.4% |
| Taxes | 450/3 | €898 | €24,368 | +€23,470 | +2613.6% |
| Remuneration and social security | 454/9 | €4,559 | €4,684 | +€125 | +2.7% |
| Accrued charges and deferred income | 492/3 | €78 | €331 | +€253 | +324.4% |
| Remuneration, social security and pensions | 62 | €28,922 | €31,126 | +€2,204 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,356 | €20,440 | -€7,916 | -27.9% |
| Other operating charges | 640/8 | €302 | €322 | +€20 | +6.6% |
| Gross operating margin | 9900 | €59,375 | €138,916 | +€79,541 | +134.0% |
| Operating profit (loss) | 9901 | €1,795 | €87,028 | +€85,233 | +4748.4% |
| Financial income | 75/76B | - | €94 | +€94 | |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Financial charges | 65/66B | €54 | €192 | +€138 | +255.6% |
| Recurring financial charges | 65 | €54 | €192 | +€138 | +255.6% |
| Profit (loss) for the period before taxes | 9903 | €1,741 | €86,930 | +€85,189 | +4893.1% |
| Income taxes | 67/77 | €777 | €24,275 | +€23,498 | +3024.2% |
| Profit (loss) for the period | 9904 | €964 | €62,655 | +€61,691 | +6399.5% |
| Profit (loss) for the period to be appropriated | 9905 | €964 | €62,655 | +€61,691 | +6399.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.