Vivace: what changed
Two financial 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.
Vivace
Largest movements
- Receivables within one year -€15,257
down €15,257 (-100%), from €15,257 to €0
- Cash -€1,150
down €1,150 (-68.2%), from €1,686 to €536
mainly Other debts (-€12,882) and Net result for the year (-€3,524)
- Other debts -€12,882
down €12,882 (-35.6%), from €36,195 to €23,313
- Profit (loss) carried forward -€3,524
down €3,524 (-10.3%), from -€34,221 to -€37,745
- Gross operating margin +€850
up €850 (+22.7%), from -€3,742 to -€2,892
- Financial charges -€167
down €167 (-100%), from €167 to €0
- Taxes +€91
up €91 (+270%), from €34 to €125
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.
Derived cash bridge
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 | €16,943 | €536 | -€16,407 | -96.8% |
| Current assets | 29/58 | €16,943 | €536 | -€16,407 | -96.8% |
| Amounts receivable within one year | 40/41 | €15,257 | €0 | -€15,257 | -100% |
| Other amounts receivable | 41 | €15,257 | €0 | -€15,257 | -100% |
| Cash at bank and in hand | 54/58 | €1,686 | €536 | -€1,150 | -68.2% |
| Total equity and liabilities | 10/49 | €16,943 | €536 | -€16,407 | -96.8% |
| Equity | 10/15 | -€19,961 | -€23,485 | -€3,524 | -17.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€34,221 | -€37,745 | -€3,524 | -10.3% |
| Amounts payable | 17/49 | €36,903 | €24,021 | -€12,882 | -34.9% |
| Amounts payable within one year | 42/48 | €36,195 | €23,313 | -€12,882 | -35.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €36,195 | €23,313 | -€12,882 | -35.6% |
| Accrued charges and deferred income | 492/3 | €708 | €708 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | -€3,742 | -€2,892 | +€850 | +22.7% |
| Operating profit (loss) | 9901 | -€4,244 | -€3,399 | +€845 | +19.9% |
| Financial charges | 65/66B | €167 | €0 | -€167 | -100% |
| Recurring financial charges | 65 | €167 | €0 | -€167 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€4,411 | -€3,399 | +€1,012 | +22.9% |
| Income taxes | 67/77 | €34 | €125 | +€91 | +270% |
| Profit (loss) for the period | 9904 | -€4,445 | -€3,524 | +€921 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,445 | -€3,524 | +€921 | +20.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.