VIVAH: 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.
VIVAH
Largest movements
- Cash +€53,587
up €53,587 (+84.1%), from €63,707 to €117,294
mainly Net result for the year (+€39,787) and Tax, wage and social debts (+€26,285)
- Tangible fixed assets +€4,473
new in 2025: €4,473
- Reserves +€39,787
up €39,787 (+135%), from €29,556 to €69,343
- Tax, wage and social debts +€26,285
up €26,285 (+135%), from €19,451 to €45,736
of which Taxes: +€20,345
- Other debts -€12,430
down €12,430 (-8.5%), from €145,507 to €133,077
- Trade debts +€5,961
up €5,961 (+572%), from €1,042 to €7,003
- Gross operating margin +€12,534
up €12,534 (+29.8%), from €42,001 to €54,535
- Taxes +€3,401
up €3,401 (+31.3%), from €10,872 to €14,273
- Staff costs -€1,141
down €1,141 (-94.4%), from €1,208 to €68
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 | €195,707 | €255,310 | +€59,603 | +30.5% |
| Fixed assets | 21/28 | €132,000 | €136,473 | +€4,473 | +3.4% |
| Tangible fixed assets | 22/27 | - | €4,473 | +€4,473 | |
| Land and buildings | 22 | - | €4,473 | +€4,473 | |
| Financial fixed assets | 28 | €132,000 | €132,000 | = | 0.0% |
| Current assets | 29/58 | €63,707 | €118,837 | +€55,130 | +86.5% |
| Amounts receivable within one year | 40/41 | - | €1,200 | +€1,200 | |
| Other amounts receivable | 41 | - | €1,200 | +€1,200 | |
| Cash at bank and in hand | 54/58 | €63,707 | €117,294 | +€53,587 | +84.1% |
| Deferred charges and accrued income | 490/1 | - | €343 | +€343 | |
| Total equity and liabilities | 10/49 | €195,707 | €255,310 | +€59,603 | +30.5% |
| Equity | 10/15 | €29,706 | €69,493 | +€39,787 | +134% |
| Contributions | 10/11 | €150 | €150 | = | 0.0% |
| Reserves | 13 | €29,556 | €69,343 | +€39,787 | +135% |
| Distributable reserves | 133 | €29,556 | €69,343 | +€39,787 | +135% |
| Amounts payable | 17/49 | €166,001 | €185,817 | +€19,816 | +11.9% |
| Amounts payable within one year | 42/48 | €166,001 | €185,817 | +€19,816 | +11.9% |
| Trade debts | 44 | €1,042 | €7,003 | +€5,961 | +572% |
| Suppliers | 440/4 | €1,042 | €7,003 | +€5,961 | +572% |
| Taxes, remuneration and social security | 45 | €19,451 | €45,736 | +€26,285 | +135% |
| Taxes | 450/3 | €19,451 | €39,796 | +€20,345 | +105% |
| Remuneration and social security | 454/9 | - | €5,940 | +€5,940 | |
| Other amounts payable | 47/48 | €145,507 | €133,077 | -€12,430 | -8.5% |
| Remuneration, social security and pensions | 62 | €1,208 | €68 | -€1,141 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €27 | +€27 | |
| Other operating charges | 640/8 | €316 | €255 | -€61 | -19.3% |
| Gross operating margin | 9900 | €42,001 | €54,535 | +€12,534 | +29.8% |
| Operating profit (loss) | 9901 | €40,477 | €54,186 | +€13,708 | +33.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,233% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,233% |
| Financial charges | 65/66B | €49 | €126 | +€77 | +157% |
| Recurring financial charges | 65 | €49 | €126 | +€77 | +157% |
| Profit (loss) for the period before taxes | 9903 | €40,428 | €54,060 | +€13,632 | +33.7% |
| Income taxes | 67/77 | €10,872 | €14,273 | +€3,401 | +31.3% |
| Profit (loss) for the period | 9904 | €29,556 | €39,787 | +€10,231 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,556 | €39,787 | +€10,231 | +34.6% |
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 18 October 2026 via checked.be.