VIVACE: 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.
VIVACE
Largest movements
- Tangible fixed assets -€87,283
down €87,283 (-100.0%), from €87,283 to €0
of which Plant, machinery and equipment: -€45,816
- Receivables within one year +€19,694
up €19,694 (+89.5%), from €22,011 to €41,705
of which Other amounts receivable: +€41,705
- Cash -€9,142
down €9,142 (-89.0%), from €10,274 to €1,132
mainly Accrued charges and deferred income (-€31,844) and Net result for the year (-€27,180)
- Accrued charges and deferred income -€31,844
down €31,844 (-86.1%), from €36,974 to €5,130
- Profit (loss) carried forward -€27,180
down €27,180 (-158.1%), from -€17,189 to -€44,368
- Other debts -€20,788
down €20,788 (-35.6%), from €58,408 to €37,620
- Trade debts +€9,892
up €9,892 (+111.3%), from €8,886 to €18,778
- Tax, wage and social debts -€6,785
down €6,785 (-50.9%), from €13,328 to €6,542
of which Remuneration and social security: -€5,026
- Gross operating margin -€33,282
down €33,282, from €25,808 to -€7,474
- Staff costs -€30,609
down €30,609 (-95.6%), from €32,001 to €1,393
- Depreciation -€9,898
down €9,898 (-100.0%), from €9,898 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,406 | €43,713 | -€76,694 | -63.7% |
| Fixed assets | 21/28 | €87,482 | €238 | -€87,244 | -99.7% |
| Tangible fixed assets | 22/27 | €87,283 | €0 | -€87,283 | -100.0% |
| Plant, machinery and equipment | 23 | €45,816 | €0 | -€45,816 | -100.0% |
| Furniture and vehicles | 24 | €7,682 | €0 | -€7,682 | -100.0% |
| Other tangible fixed assets | 26 | €33,785 | €0 | -€33,785 | -100.0% |
| Financial fixed assets | 28 | €198 | €238 | +€39 | +19.8% |
| Current assets | 29/58 | €32,925 | €43,475 | +€10,550 | +32.0% |
| Amounts receivable within one year | 40/41 | €22,011 | €41,705 | +€19,694 | +89.5% |
| Trade receivables | 40 | €22,011 | €0 | -€22,011 | -100.0% |
| Other amounts receivable | 41 | - | €41,705 | +€41,705 | |
| Cash at bank and in hand | 54/58 | €10,274 | €1,132 | -€9,142 | -89.0% |
| Deferred charges and accrued income | 490/1 | €639 | €637 | -€2 | -0.3% |
| Total equity and liabilities | 10/49 | €120,406 | €43,713 | -€76,694 | -63.7% |
| Equity | 10/15 | €2,811 | -€24,368 | -€27,180 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,189 | -€44,368 | -€27,180 | -158.1% |
| Amounts payable | 17/49 | €117,595 | €68,081 | -€49,514 | -42.1% |
| Amounts payable within one year | 42/48 | €80,621 | €62,951 | -€17,670 | -21.9% |
| Trade debts | 44 | €8,886 | €18,778 | +€9,892 | +111.3% |
| Suppliers | 440/4 | €8,886 | €18,778 | +€9,892 | +111.3% |
| Advances received on contracts in progress | 46 | - | €11 | +€11 | |
| Taxes, remuneration and social security | 45 | €13,328 | €6,542 | -€6,785 | -50.9% |
| Taxes | 450/3 | €6,234 | €4,475 | -€1,759 | -28.2% |
| Remuneration and social security | 454/9 | €7,094 | €2,068 | -€5,026 | -70.9% |
| Other amounts payable | 47/48 | €58,408 | €37,620 | -€20,788 | -35.6% |
| Accrued charges and deferred income | 492/3 | €36,974 | €5,130 | -€31,844 | -86.1% |
| Remuneration, social security and pensions | 62 | €32,001 | €1,393 | -€30,609 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,898 | €0 | -€9,898 | -100.0% |
| Other operating charges | 640/8 | €1,048 | €810 | -€239 | -22.8% |
| Non-recurring operating charges | 66A | - | €17,283 | +€17,283 | |
| Gross operating margin | 9900 | €25,808 | -€7,474 | -€33,282 | |
| Operating profit (loss) | 9901 | -€17,139 | -€26,960 | -€9,821 | -57.3% |
| Financial income | 75/76B | €68 | €0 | -€68 | -100.0% |
| Recurring financial income | 75 | €68 | €0 | -€68 | -100.0% |
| Financial charges | 65/66B | €118 | €220 | +€103 | +87.4% |
| Recurring financial charges | 65 | €118 | €220 | +€103 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,189 | -€27,180 | -€9,991 | -58.1% |
| Profit (loss) for the period | 9904 | -€17,189 | -€27,180 | -€9,991 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,189 | -€27,180 | -€9,991 | -58.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.