VIVA COLOR: what changed
VIVA COLOR
Largest movements
- Receivables within one year +€44,360
up €44,360 (+229%), from €19,360 to €63,720
of which Trade receivables: +€56,110
- Cash +€34,610
up €34,610 (+32.0%), from €108,269 to €142,879
mainly Trade debts (+€43,999) and Tax, wage and social debts (+€18,671)
- Tangible fixed assets -€4,400
down €4,400 (-24.3%), from €18,141 to €13,741
- Trade debts +€43,999
up €43,999 (+291%), from €15,137 to €59,136
- Tax, wage and social debts +€18,671
up €18,671 (+40.0%), from €46,698 to €65,369
of which Taxes: +€15,221
- Profit (loss) carried forward +€15,569
up €15,569 (+19.0%), from €82,097 to €97,666
- Gross operating margin +€30,225
up €30,225 (+242%), from €12,511 to €42,736
- Taxes +€21,398
new in 2025: €21,398
- Other operating charges -€2,071
down €2,071 (-63.5%), from €3,264 to €1,193
- Depreciation +€1,574
up €1,574 (+55.7%), from €2,826 to €4,400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,316 | €270,431 | +€76,115 | +39.2% |
| Fixed assets | 21/28 | €18,141 | €13,741 | -€4,400 | -24.3% |
| Tangible fixed assets | 22/27 | €18,141 | €13,741 | -€4,400 | -24.3% |
| Furniture and vehicles | 24 | €18,141 | €13,741 | -€4,400 | -24.3% |
| Current assets | 29/58 | €176,174 | €256,690 | +€80,515 | +45.7% |
| Stocks and contracts in progress | 3 | €48,545 | €50,091 | +€1,546 | +3.2% |
| Stocks | 30/36 | €48,545 | €50,091 | +€1,546 | +3.2% |
| Amounts receivable within one year | 40/41 | €19,360 | €63,720 | +€44,360 | +229% |
| Trade receivables | 40 | €1,584 | €57,694 | +€56,110 | +3,542% |
| Other amounts receivable | 41 | €17,776 | €6,026 | -€11,750 | -66.1% |
| Cash at bank and in hand | 54/58 | €108,269 | €142,879 | +€34,610 | +32.0% |
| Total equity and liabilities | 10/49 | €194,316 | €270,431 | +€76,115 | +39.2% |
| Equity | 10/15 | €110,357 | €125,926 | +€15,569 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,660 | €9,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,800 | €7,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,097 | €97,666 | +€15,569 | +19.0% |
| Amounts payable | 17/49 | €83,959 | €144,505 | +€60,546 | +72.1% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €63,959 | €124,505 | +€60,546 | +94.7% |
| Trade debts | 44 | €15,137 | €59,136 | +€43,999 | +291% |
| Suppliers | 440/4 | €15,137 | €59,136 | +€43,999 | +291% |
| Taxes, remuneration and social security | 45 | €46,698 | €65,369 | +€18,671 | +40.0% |
| Taxes | 450/3 | €46,698 | €61,919 | +€15,221 | +32.6% |
| Remuneration and social security | 454/9 | - | €3,450 | +€3,450 | |
| Other amounts payable | 47/48 | €2,124 | - | -€2,124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,826 | €4,400 | +€1,574 | +55.7% |
| Other operating charges | 640/8 | €3,264 | €1,193 | -€2,071 | -63.5% |
| Gross operating margin | 9900 | €12,511 | €42,736 | +€30,225 | +242% |
| Operating profit (loss) | 9901 | €6,421 | €37,143 | +€30,722 | +478% |
| Financial charges | 65/66B | €163 | €176 | +€13 | +7.9% |
| Recurring financial charges | 65 | €163 | €176 | +€13 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €6,258 | €36,967 | +€30,709 | +491% |
| Income taxes | 67/77 | - | €21,398 | +€21,398 | |
| Profit (loss) for the period | 9904 | €6,258 | €15,569 | +€9,311 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €6,258 | €15,569 | +€9,311 | +149% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.