VIVACON: 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.
VIVACON
Largest movements
- Tangible fixed assets -€12,089
down €12,089 (-24.1%), from €50,129 to €38,040
of which Leasing and similar rights: -€14,462
- Cash -€6,947
down €6,947 (-31.7%), from €21,942 to €14,995
mainly Contributions, distributions and other (-€89,859) and Debts after one year (-€13,219)
- Receivables within one year -€5,435
down €5,435 (-15.6%), from €34,837 to €29,402
of which Trade receivables: -€7,514
- Reserves -€39,713
down €39,713 (-24.5%), from €161,911 to €122,198
- Other debts +€24,541
up €24,541 (+5232.3%), from €469 to €25,011
- Debts after one year -€13,219
down €13,219 (-59.3%), from €22,294 to €9,075
- Accrued charges and deferred income +€2,503
up €2,503 (+4961.8%), from €50 to €2,554
- Trade debts +€2,226
up €2,226 (+529.1%), from €421 to €2,646
- Gross operating margin -€2,265
down €2,265 (-2.7%), from €84,304 to €82,039
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,657 | €184,059 | -€24,598 | -11.8% |
| Fixed assets | 21/28 | €50,129 | €38,040 | -€12,089 | -24.1% |
| Tangible fixed assets | 22/27 | €50,129 | €38,040 | -€12,089 | -24.1% |
| Plant, machinery and equipment | 23 | €457 | €3,306 | +€2,849 | +623.4% |
| Furniture and vehicles | 24 | €6,271 | €6,315 | +€44 | +0.7% |
| Leasing and similar rights | 25 | €39,425 | €24,963 | -€14,462 | -36.7% |
| Other tangible fixed assets | 26 | €3,976 | €3,456 | -€520 | -13.1% |
| Current assets | 29/58 | €158,528 | €146,019 | -€12,508 | -7.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,837 | €29,402 | -€5,435 | -15.6% |
| Trade receivables | 40 | €34,262 | €26,748 | -€7,514 | -21.9% |
| Other amounts receivable | 41 | €575 | €2,654 | +€2,079 | +361.7% |
| Cash at bank and in hand | 54/58 | €21,942 | €14,995 | -€6,947 | -31.7% |
| Deferred charges and accrued income | 490/1 | €1,749 | €1,622 | -€126 | -7.2% |
| Total equity and liabilities | 10/49 | €208,657 | €184,059 | -€24,598 | -11.8% |
| Equity | 10/15 | €164,911 | €125,198 | -€39,713 | -24.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €161,911 | €122,198 | -€39,713 | -24.5% |
| Distributable reserves | 133 | €161,911 | €122,198 | -€39,713 | -24.5% |
| Amounts payable | 17/49 | €43,746 | €58,861 | +€15,115 | +34.6% |
| Amounts payable after more than one year | 17 | €22,294 | €9,075 | -€13,219 | -59.3% |
| Financial debts | 170/4 | €22,294 | €9,075 | -€13,219 | -59.3% |
| Amounts payable within one year | 42/48 | €21,402 | €47,233 | +€25,831 | +120.7% |
| Current portion of amounts payable after more than one year | 42 | €12,762 | €13,219 | +€457 | +3.6% |
| Trade debts | 44 | €421 | €2,646 | +€2,226 | +529.1% |
| Suppliers | 440/4 | €421 | €2,646 | +€2,226 | +529.1% |
| Taxes, remuneration and social security | 45 | €7,751 | €6,357 | -€1,394 | -18.0% |
| Taxes | 450/3 | €7,751 | €6,357 | -€1,394 | -18.0% |
| Other amounts payable | 47/48 | €469 | €25,011 | +€24,541 | +5232.3% |
| Accrued charges and deferred income | 492/3 | €50 | €2,554 | +€2,503 | +4961.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,937 | €17,530 | -€407 | -2.3% |
| Other operating charges | 640/8 | €1,434 | €2,182 | +€748 | +52.1% |
| Non-recurring operating charges | 66A | - | €498 | +€498 | |
| Gross operating margin | 9900 | €84,304 | €82,039 | -€2,265 | -2.7% |
| Operating profit (loss) | 9901 | €64,933 | €61,828 | -€3,104 | -4.8% |
| Financial income | 75/76B | €2,728 | €3,331 | +€603 | +22.1% |
| Recurring financial income | 75 | €2,728 | €3,331 | +€603 | +22.1% |
| Financial charges | 65/66B | €1,806 | €1,293 | -€513 | -28.4% |
| Recurring financial charges | 65 | €1,806 | €1,293 | -€513 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €65,854 | €63,867 | -€1,988 | -3.0% |
| Income taxes | 67/77 | €13,995 | €13,720 | -€275 | -2.0% |
| Profit (loss) for the period | 9904 | €51,859 | €50,147 | -€1,713 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,859 | €50,147 | -€1,713 | -3.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.