Vivaco Group: 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.
Vivaco Group
Largest movements
- Cash +€14,740
up €14,740 (+126%), from €11,684 to €26,424
mainly Trade debts (+€7,994) and Receivables within one year (+€5,099)
- Receivables within one year -€5,099
down €5,099 (-38.7%), from €13,166 to €8,067
- Financial fixed assets +€5,000
new in 2025: €5,000
- Tangible fixed assets -€1,170
down €1,170 (-30.9%), from €3,789 to €2,619
- Trade debts +€7,994
up €7,994 (+279%), from €2,863 to €10,857
- Profit (loss) carried forward +€3,844
up €3,844 (+33.8%), from -€11,373 to -€7,529
- Tax, wage and social debts +€1,398
up €1,398 (+106%), from €1,322 to €2,719
- Other debts +€532
up €532 (+11.7%), from €4,554 to €5,086
- Financial income +€8,350
new in 2025: €8,350
of which Non-recurring financial income: +€8,350
- Gross operating margin +€6,702
up €6,702 (+79.7%), from -€8,408 to -€1,706
- Financial charges -€189
down €189 (-14.3%), from €1,318 to €1,129
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 | €30,433 | €44,201 | +€13,768 | +45.2% |
| Fixed assets | 21/28 | €3,789 | €7,619 | +€3,830 | +101% |
| Tangible fixed assets | 22/27 | €3,789 | €2,619 | -€1,170 | -30.9% |
| Furniture and vehicles | 24 | €3,789 | €2,619 | -€1,170 | -30.9% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €26,644 | €36,582 | +€9,938 | +37.3% |
| Amounts receivable within one year | 40/41 | €13,166 | €8,067 | -€5,099 | -38.7% |
| Trade receivables | 40 | €13,166 | €8,067 | -€5,099 | -38.7% |
| Cash at bank and in hand | 54/58 | €11,684 | €26,424 | +€14,740 | +126% |
| Deferred charges and accrued income | 490/1 | €1,794 | €2,092 | +€298 | +16.6% |
| Total equity and liabilities | 10/49 | €30,433 | €44,201 | +€13,768 | +45.2% |
| Equity | 10/15 | €21,695 | €25,539 | +€3,844 | +17.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €32,068 | €32,068 | = | 0.0% |
| Distributable reserves | 133 | €32,068 | €32,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,373 | -€7,529 | +€3,844 | +33.8% |
| Amounts payable | 17/49 | €8,738 | €18,662 | +€9,924 | +114% |
| Amounts payable within one year | 42/48 | €8,738 | €18,662 | +€9,924 | +114% |
| Trade debts | 44 | €2,863 | €10,857 | +€7,994 | +279% |
| Suppliers | 440/4 | €2,863 | €10,857 | +€7,994 | +279% |
| Taxes, remuneration and social security | 45 | €1,322 | €2,719 | +€1,398 | +106% |
| Taxes | 450/3 | €1,322 | €2,719 | +€1,398 | +106% |
| Other amounts payable | 47/48 | €4,554 | €5,086 | +€532 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,170 | €1,170 | = | 0.0% |
| Other operating charges | 640/8 | €317 | €350 | +€34 | +10.6% |
| Gross operating margin | 9900 | -€8,408 | -€1,706 | +€6,702 | +79.7% |
| Operating profit (loss) | 9901 | -€9,895 | -€3,227 | +€6,668 | +67.4% |
| Financial income | 75/76B | - | €8,350 | +€8,350 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €8,350 | +€8,350 | |
| Financial charges | 65/66B | €1,318 | €1,129 | -€189 | -14.3% |
| Recurring financial charges | 65 | €1,318 | €1,129 | -€189 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,212 | €3,994 | +€15,207 | |
| Income taxes | 67/77 | €161 | €150 | -€10 | -6.4% |
| Profit (loss) for the period | 9904 | -€11,373 | €3,844 | +€15,217 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,373 | €3,844 | +€15,217 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.