VIVACE: what changed
VIVACE
Largest movements
- Receivables within one year +€16,060
up €16,060 (+638%), from €2,518 to €18,578
- Deferred charges and accrued income +€1,500
up €1,500 (+60.0%), from €2,500 to €4,000
- Tangible fixed assets -€1,000
down €1,000 (-25.0%), from €4,000 to €3,000
- Reserves +€12,000
up €12,000 (+645%), from €1,860 to €13,860
- Profit (loss) carried forward +€5,279
up €5,279 (+43.3%), from €12,195 to €17,475
- Trade debts -€1,982
down €1,982 (-49.0%), from €4,045 to €2,062
- Tax, wage and social debts +€1,419
up €1,419 (+421%), from €337 to €1,756
- Gross operating margin +€12,622
up €12,622 (+39.9%), from €31,620 to €44,242
- Depreciation -€2,497
down €2,497 (-71.4%), from €3,497 to €1,000
- Staff costs +€1,619
up €1,619 (+7.3%), from €22,208 to €23,827
- Financial charges +€1,044
up €1,044 (+315%), from €331 to €1,375
- Other operating charges -€581
down €581 (-43.3%), from €1,341 to €760
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 | €26,437 | €43,153 | +€16,716 | +63.2% |
| Fixed assets | 21/28 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Tangible fixed assets | 22/27 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Plant, machinery and equipment | 23 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Current assets | 29/58 | €22,437 | €40,153 | +€17,716 | +79.0% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,518 | €18,578 | +€16,060 | +638% |
| Other amounts receivable | 41 | €2,518 | €18,578 | +€16,060 | +638% |
| Cash at bank and in hand | 54/58 | €15,919 | €16,075 | +€156 | +1.0% |
| Deferred charges and accrued income | 490/1 | €2,500 | €4,000 | +€1,500 | +60.0% |
| Total equity and liabilities | 10/49 | €26,437 | €43,153 | +€16,716 | +63.2% |
| Equity | 10/15 | €22,055 | €39,335 | +€17,279 | +78.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Capital | 10 | €8,000 | - | -€8,000 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €10,600 | - | -€10,600 | |
| Reserves | 13 | €1,860 | €13,860 | +€12,000 | +645% |
| Non-distributable reserves | 130/1 | €1,860 | €13,860 | +€12,000 | +645% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | - | €12,000 | +€12,000 | |
| Profit (loss) carried forward | 14 | €12,195 | €17,475 | +€5,279 | +43.3% |
| Amounts payable | 17/49 | €4,382 | €3,818 | -€563 | -12.9% |
| Amounts payable within one year | 42/48 | €4,382 | €3,818 | -€563 | -12.9% |
| Trade debts | 44 | €4,045 | €2,062 | -€1,982 | -49.0% |
| Suppliers | 440/4 | €4,045 | €2,062 | -€1,982 | -49.0% |
| Taxes, remuneration and social security | 45 | €337 | €1,756 | +€1,419 | +421% |
| Taxes | 450/3 | €337 | €1,756 | +€1,419 | +421% |
| Remuneration, social security and pensions | 62 | €22,208 | €23,827 | +€1,619 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,497 | €1,000 | -€2,497 | -71.4% |
| Other operating charges | 640/8 | €1,341 | €760 | -€581 | -43.3% |
| Gross operating margin | 9900 | €31,620 | €44,242 | +€12,622 | +39.9% |
| Operating profit (loss) | 9901 | €4,573 | €18,654 | +€14,081 | +308% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €331 | €1,375 | +€1,044 | +315% |
| Recurring financial charges | 65 | €331 | €1,375 | +€1,044 | +315% |
| Profit (loss) for the period before taxes | 9903 | €4,249 | €17,279 | +€13,030 | +307% |
| Profit (loss) for the period | 9904 | €4,249 | €17,279 | +€13,030 | +307% |
| Profit (loss) for the period to be appropriated | 9905 | €4,249 | €17,279 | +€13,030 | +307% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.