Viva Voce: what changed
Viva Voce
Largest movements
- Cash +€33,435
up €33,435 (+427%), from €7,825 to €41,261
mainly Net result for the year (+€14,353) and Receivables within one year (+€12,430)
- Receivables within one year -€12,430
down €12,430 (-57.3%), from €21,711 to €9,281
- Tangible fixed assets -€4,945
down €4,945 (-29.6%), from €16,694 to €11,748
of which Furniture and vehicles: -€5,023
- Reserves +€13,353
up €13,353 (+46.1%), from €28,984 to €42,337
- Tax, wage and social debts +€6,151
up €6,151 (+103%), from €5,956 to €12,107
- Short-term financial debts -€4,500
no longer reported in 2025 (was €4,500)
- Other debts +€1,170
up €1,170 (+119%), from €980 to €2,150
- Gross operating margin +€9,011
up €9,011 (+47.1%), from €19,145 to €28,157
- Taxes +€3,210
up €3,210 (+81.2%), from €3,952 to €7,162
- Financial charges -€494
down €494 (-83.1%), from €595 to €101
- Depreciation -€449
down €449 (-7.3%), from €6,121 to €5,672
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 | €47,767 | €63,802 | +€16,035 | +33.6% |
| Fixed assets | 21/28 | €16,694 | €11,748 | -€4,945 | -29.6% |
| Tangible fixed assets | 22/27 | €16,694 | €11,748 | -€4,945 | -29.6% |
| Plant, machinery and equipment | 23 | €974 | €1,135 | +€161 | +16.6% |
| Furniture and vehicles | 24 | €15,315 | €10,293 | -€5,023 | -32.8% |
| Other tangible fixed assets | 26 | €405 | €321 | -€84 | -20.8% |
| Current assets | 29/58 | €31,073 | €52,054 | +€20,981 | +67.5% |
| Amounts receivable within one year | 40/41 | €21,711 | €9,281 | -€12,430 | -57.3% |
| Trade receivables | 40 | €21,711 | €9,281 | -€12,430 | -57.3% |
| Cash at bank and in hand | 54/58 | €7,825 | €41,261 | +€33,435 | +427% |
| Deferred charges and accrued income | 490/1 | €1,537 | €1,512 | -€24 | -1.6% |
| Total equity and liabilities | 10/49 | €47,767 | €63,802 | +€16,035 | +33.6% |
| Equity | 10/15 | €35,184 | €48,537 | +€13,353 | +38.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,984 | €42,337 | +€13,353 | +46.1% |
| Distributable reserves | 133 | €28,984 | €42,337 | +€13,353 | +46.1% |
| Amounts payable | 17/49 | €12,583 | €15,265 | +€2,683 | +21.3% |
| Amounts payable within one year | 42/48 | €12,028 | €14,650 | +€2,623 | +21.8% |
| Financial debts | 43 | €4,500 | - | -€4,500 | |
| Other loans | 439 | €4,500 | - | -€4,500 | |
| Trade debts | 44 | €592 | €393 | -€199 | -33.6% |
| Suppliers | 440/4 | €592 | €393 | -€199 | -33.6% |
| Taxes, remuneration and social security | 45 | €5,956 | €12,107 | +€6,151 | +103% |
| Taxes | 450/3 | €5,956 | €12,107 | +€6,151 | +103% |
| Other amounts payable | 47/48 | €980 | €2,150 | +€1,170 | +119% |
| Accrued charges and deferred income | 492/3 | €555 | €615 | +€60 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,121 | €5,672 | -€449 | -7.3% |
| Other operating charges | 640/8 | €614 | €871 | +€257 | +41.9% |
| Gross operating margin | 9900 | €19,145 | €28,157 | +€9,011 | +47.1% |
| Operating profit (loss) | 9901 | €12,410 | €21,614 | +€9,204 | +74.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €595 | €101 | -€494 | -83.1% |
| Recurring financial charges | 65 | €595 | €101 | -€494 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | €11,815 | €21,515 | +€9,699 | +82.1% |
| Income taxes | 67/77 | €3,952 | €7,162 | +€3,210 | +81.2% |
| Profit (loss) for the period | 9904 | €7,863 | €14,353 | +€6,490 | +82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,863 | €14,353 | +€6,490 | +82.5% |
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 3 November 2026 via checked.be.