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
- Cash -€22,303
down €22,303 (-68.1%), from €32,754 to €10,451
mainly Net result for the year (-€17,615) and Current portion of long-term debt (-€2,431)
- Receivables within one year +€1,730
up €1,730 (+499.1%), from €347 to €2,077
of which Trade receivables: +€2,077
- Tangible fixed assets +€771
up €771 (+62.8%), from €1,227 to €1,998
of which Plant, machinery and equipment: +€567
- Reserves -€17,615
down €17,615 (-65.6%), from €26,854 to €9,239
- Current portion of long-term debt -€2,431
no longer reported in 2025 (was €2,431)
- Gross operating margin +€2,904
up €2,904 (+16.5%), from -€17,586 to -€14,682
- Depreciation -€2,874
down €2,874 (-67.6%), from €4,252 to €1,378
- Other operating charges -€341
down €341 (-25.7%), from €1,327 to €986
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 | €34,951 | €14,921 | -€20,030 | -57.3% |
| Fixed assets | 21/28 | €1,227 | €1,998 | +€771 | +62.8% |
| Tangible fixed assets | 22/27 | €1,227 | €1,998 | +€771 | +62.8% |
| Plant, machinery and equipment | 23 | €126 | €692 | +€567 | +451.0% |
| Furniture and vehicles | 24 | €1,102 | €1,306 | +€204 | +18.5% |
| Current assets | 29/58 | €33,724 | €12,923 | -€20,801 | -61.7% |
| Amounts receivable within one year | 40/41 | €347 | €2,077 | +€1,730 | +499.1% |
| Trade receivables | 40 | €0 | €2,077 | +€2,077 | |
| Other amounts receivable | 41 | €347 | - | -€347 | |
| Cash at bank and in hand | 54/58 | €32,754 | €10,451 | -€22,303 | -68.1% |
| Deferred charges and accrued income | 490/1 | €623 | €395 | -€228 | -36.6% |
| Total equity and liabilities | 10/49 | €34,951 | €14,921 | -€20,030 | -57.3% |
| Equity | 10/15 | €28,854 | €11,239 | -€17,615 | -61.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,854 | €9,239 | -€17,615 | -65.6% |
| Distributable reserves | 133 | €26,854 | €9,239 | -€17,615 | -65.6% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €6,097 | €3,682 | -€2,416 | -39.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €6,097 | €3,682 | -€2,416 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €2,431 | - | -€2,431 | |
| Trade debts | 44 | €89 | €132 | +€43 | +48.9% |
| Suppliers | 440/4 | €89 | €132 | +€43 | +48.9% |
| Taxes, remuneration and social security | 45 | €2,408 | €2,309 | -€99 | -4.1% |
| Taxes | 450/3 | €2,408 | €2,309 | -€99 | -4.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,170 | €1,241 | +€70 | +6.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,252 | €1,378 | -€2,874 | -67.6% |
| Other operating charges | 640/8 | €1,327 | €986 | -€341 | -25.7% |
| Non-recurring operating charges | 66A | - | €359 | +€359 | |
| Gross operating margin | 9900 | -€17,586 | -€14,682 | +€2,904 | +16.5% |
| Operating profit (loss) | 9901 | -€23,165 | -€17,405 | +€5,760 | +24.9% |
| Financial charges | 65/66B | €127 | €69 | -€58 | -45.4% |
| Recurring financial charges | 65 | €127 | €69 | -€58 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,291 | -€17,474 | +€5,818 | +25.0% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€23,431 | -€17,615 | +€5,816 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,431 | -€17,615 | +€5,816 | +24.8% |
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 5 October 2026 via checked.be.