VIVAN: 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.
VIVAN
Largest movements
- Tangible fixed assets +€13,751
up €13,751 (+165%), from €8,327 to €22,077
of which Furniture and vehicles: +€13,734
- Profit (loss) carried forward -€37,645
down €37,645 (-59.2%), from €63,601 to €25,956
- Trade debts +€22,427
up €22,427 (+147%), from €15,262 to €37,688
- Other debts +€18,510
up €18,510 (+6.9%), from €266,385 to €284,894
- Tax, wage and social debts +€8,357
up €8,357 (+36.0%), from €23,229 to €31,586
of which Remuneration and social security: +€10,102
- Gross operating margin -€78,105
down €78,105 (-38.0%), from €205,523 to €127,418
- Staff costs -€19,951
down €19,951 (-11.5%), from €173,365 to €153,414
- Taxes -€7,185
down €7,185 (-89.9%), from €7,996 to €810
- Other operating charges +€3,238
up €3,238 (+223%), from €1,453 to €4,692
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 | €532,406 | €544,497 | +€12,091 | +2.3% |
| Fixed assets | 21/28 | €493,772 | €507,523 | +€13,751 | +2.8% |
| Tangible fixed assets | 22/27 | €8,327 | €22,077 | +€13,751 | +165% |
| Land and buildings | 22 | €467 | €350 | -€117 | -25.0% |
| Plant, machinery and equipment | 23 | €3,229 | €1,838 | -€1,391 | -43.1% |
| Furniture and vehicles | 24 | €4,631 | €18,365 | +€13,734 | +297% |
| Other tangible fixed assets | 26 | - | €1,525 | +€1,525 | |
| Financial fixed assets | 28 | €485,445 | €485,445 | = | 0.0% |
| Current assets | 29/58 | €38,634 | €36,974 | -€1,660 | -4.3% |
| Stocks and contracts in progress | 3 | €4,015 | €3,601 | -€414 | -10.3% |
| Stocks | 30/36 | €4,015 | €3,601 | -€414 | -10.3% |
| Amounts receivable within one year | 40/41 | €19,493 | €20,820 | +€1,327 | +6.8% |
| Trade receivables | 40 | €9,359 | €19,261 | +€9,902 | +106% |
| Other amounts receivable | 41 | €10,134 | €1,559 | -€8,575 | -84.6% |
| Cash at bank and in hand | 54/58 | €15,126 | €12,502 | -€2,624 | -17.3% |
| Deferred charges and accrued income | 490/1 | - | €51 | +€51 | |
| Total equity and liabilities | 10/49 | €532,406 | €544,497 | +€12,091 | +2.3% |
| Equity | 10/15 | €227,531 | €189,886 | -€37,645 | -16.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €151,530 | €151,530 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,670 | €149,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,601 | €25,956 | -€37,645 | -59.2% |
| Amounts payable | 17/49 | €304,875 | €354,611 | +€49,736 | +16.3% |
| Amounts payable within one year | 42/48 | €304,875 | €354,168 | +€49,293 | +16.2% |
| Trade debts | 44 | €15,262 | €37,688 | +€22,427 | +147% |
| Suppliers | 440/4 | €15,262 | €37,688 | +€22,427 | +147% |
| Taxes, remuneration and social security | 45 | €23,229 | €31,586 | +€8,357 | +36.0% |
| Taxes | 450/3 | €6,947 | €5,201 | -€1,746 | -25.1% |
| Remuneration and social security | 454/9 | €16,282 | €26,384 | +€10,102 | +62.0% |
| Other amounts payable | 47/48 | €266,385 | €284,894 | +€18,510 | +6.9% |
| Accrued charges and deferred income | 492/3 | - | €443 | +€443 | |
| Remuneration, social security and pensions | 62 | €173,365 | €153,414 | -€19,951 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,319 | €4,807 | +€488 | +11.3% |
| Other operating charges | 640/8 | €1,453 | €4,692 | +€3,238 | +223% |
| Gross operating margin | 9900 | €205,523 | €127,418 | -€78,105 | -38.0% |
| Operating profit (loss) | 9901 | €26,386 | -€35,494 | -€61,880 | |
| Financial income | 75/76B | €9 | €11 | +€1 | +14.5% |
| Recurring financial income | 75 | €9 | €11 | +€1 | +14.5% |
| Financial charges | 65/66B | €1,644 | €1,351 | -€294 | -17.9% |
| Recurring financial charges | 65 | €1,644 | €1,351 | -€294 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €24,751 | -€36,835 | -€61,585 | |
| Income taxes | 67/77 | €7,996 | €810 | -€7,185 | -89.9% |
| Profit (loss) for the period | 9904 | €16,755 | -€37,645 | -€54,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,755 | -€37,645 | -€54,400 |
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 15 October 2026 via checked.be.