VIVA VL: what changed
VIVA VL
Largest movements
- Receivables within one year +€20,293
up €20,293 (+85.4%), from €23,751 to €44,044
of which Other amounts receivable: +€14,290
- Stocks and contracts +€17,139
up €17,139 (+233%), from €7,371 to €24,510
- Cash +€16,345
up €16,345 (+22.7%), from €71,996 to €88,342
mainly Net result for the year (+€56,502) and Other debts (+€55,739)
- Tangible fixed assets -€6,799
down €6,799 (-3.0%), from €228,405 to €221,605
of which Land and buildings: -€9,788
- Other debts +€55,739
up €55,739 (+358%), from €15,553 to €71,291
- Trade debts +€29,126
up €29,126 (+276%), from €10,546 to €39,672
- Reserves -€27,664
down €27,664 (-19.3%), from €143,420 to €115,756
- Debts after one year -€13,256
down €13,256 (-11.5%), from €115,376 to €102,120
- Gross operating margin -€30,972
down €30,972 (-24.4%), from €126,748 to €95,776
- Taxes -€11,951
down €11,951 (-38.2%), from €31,285 to €19,334
- Other operating charges -€4,500
down €4,500 (-73.9%), from €6,088 to €1,588
- Depreciation +€2,035
up €2,035 (+15.8%), from €12,844 to €14,879
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 | €331,523 | €378,501 | +€46,978 | +14.2% |
| Fixed assets | 21/28 | €228,405 | €221,605 | -€6,799 | -3.0% |
| Tangible fixed assets | 22/27 | €228,405 | €221,605 | -€6,799 | -3.0% |
| Land and buildings | 22 | €209,407 | €199,620 | -€9,788 | -4.7% |
| Plant, machinery and equipment | 23 | €3,135 | €9,671 | +€6,536 | +209% |
| Furniture and vehicles | 24 | €15,862 | €12,315 | -€3,548 | -22.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €103,119 | €156,896 | +€53,777 | +52.2% |
| Stocks and contracts in progress | 3 | €7,371 | €24,510 | +€17,139 | +233% |
| Stocks | 30/36 | €7,371 | €24,510 | +€17,139 | +233% |
| Amounts receivable within one year | 40/41 | €23,751 | €44,044 | +€20,293 | +85.4% |
| Trade receivables | 40 | €23,751 | €29,755 | +€6,003 | +25.3% |
| Other amounts receivable | 41 | €0 | €14,290 | +€14,290 | |
| Cash at bank and in hand | 54/58 | €71,996 | €88,342 | +€16,345 | +22.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €331,523 | €378,501 | +€46,978 | +14.2% |
| Equity | 10/15 | €162,020 | €134,356 | -€27,664 | -17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143,420 | €115,756 | -€27,664 | -19.3% |
| Distributable reserves | 133 | €143,420 | €115,756 | -€27,664 | -19.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €169,504 | €244,146 | +€74,642 | +44.0% |
| Amounts payable after more than one year | 17 | €115,376 | €102,120 | -€13,256 | -11.5% |
| Financial debts | 170/4 | €115,376 | €102,120 | -€13,256 | -11.5% |
| Amounts payable within one year | 42/48 | €54,128 | €142,026 | +€87,898 | +162% |
| Current portion of amounts payable after more than one year | 42 | €13,026 | €13,256 | +€230 | +1.8% |
| Trade debts | 44 | €10,546 | €39,672 | +€29,126 | +276% |
| Suppliers | 440/4 | €10,546 | €39,672 | +€29,126 | +276% |
| Taxes, remuneration and social security | 45 | €15,003 | €17,807 | +€2,803 | +18.7% |
| Taxes | 450/3 | €15,003 | €17,807 | +€2,803 | +18.7% |
| Other amounts payable | 47/48 | €15,553 | €71,291 | +€55,739 | +358% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,844 | €14,879 | +€2,035 | +15.8% |
| Other operating charges | 640/8 | €6,088 | €1,588 | -€4,500 | -73.9% |
| Gross operating margin | 9900 | €126,748 | €95,776 | -€30,972 | -24.4% |
| Operating profit (loss) | 9901 | €107,816 | €79,309 | -€28,507 | -26.4% |
| Financial charges | 65/66B | €3,938 | €3,473 | -€465 | -11.8% |
| Recurring financial charges | 65 | €3,938 | €3,473 | -€465 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €103,878 | €75,836 | -€28,042 | -27.0% |
| Income taxes | 67/77 | €31,285 | €19,334 | -€11,951 | -38.2% |
| Profit (loss) for the period | 9904 | €72,593 | €56,502 | -€16,091 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,593 | €56,502 | -€16,091 | -22.2% |
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 7 November 2026 via checked.be.