VIVANAT: what changed
Two fiscal 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.
VIVANAT
Largest movements
- Cash +€13,248
up €13,248 (+476.9%), from €2,778 to €16,026
mainly Depreciation (+€7,378) and Net result for the year (+€6,902)
- Tangible fixed assets -€4,216
down €4,216 (-11.5%), from €36,768 to €32,552
of which Furniture and vehicles: -€6,027
- Profit (loss) carried forward +€6,902
up €6,902 (+2.5%), from -€271,153 to -€264,251
- Other debts +€1,167
up €1,167 (+0.4%), from €291,015 to €292,182
- Advances received +€900
new in 2025: €900
- Gross operating margin +€10,318
up €10,318 (+221.6%), from €4,656 to €14,974
- Other operating charges -€705
down €705 (-59.6%), from €1,184 to €479
- Depreciation +€155
up €155 (+2.2%), from €7,223 to €7,378
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.
Cash bridge derived
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 | €40,245 | €49,413 | +€9,168 | +22.8% |
| Fixed assets | 21/28 | €36,768 | €32,552 | -€4,216 | -11.5% |
| Tangible fixed assets | 22/27 | €36,768 | €32,552 | -€4,216 | -11.5% |
| Plant, machinery and equipment | 23 | €6,634 | €8,444 | +€1,811 | +27.3% |
| Furniture and vehicles | 24 | €30,134 | €24,108 | -€6,027 | -20.0% |
| Current assets | 29/58 | €3,477 | €16,861 | +€13,384 | +385.0% |
| Amounts receivable within one year | 40/41 | €195 | €174 | -€21 | -10.8% |
| Other amounts receivable | 41 | €195 | €174 | -€21 | -10.8% |
| Cash at bank and in hand | 54/58 | €2,778 | €16,026 | +€13,248 | +476.9% |
| Deferred charges and accrued income | 490/1 | €503 | €661 | +€157 | +31.2% |
| Total equity and liabilities | 10/49 | €40,245 | €49,413 | +€9,168 | +22.8% |
| Equity | 10/15 | -€250,872 | -€243,971 | +€6,902 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,681 | €1,681 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,681 | €1,681 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,681 | €1,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,153 | -€264,251 | +€6,902 | +2.5% |
| Amounts payable | 17/49 | €291,117 | €293,384 | +€2,266 | +0.8% |
| Amounts payable within one year | 42/48 | €291,117 | €293,384 | +€2,266 | +0.8% |
| Trade debts | 44 | €102 | €301 | +€200 | +196.3% |
| Suppliers | 440/4 | €102 | €301 | +€200 | +196.3% |
| Advances received on contracts in progress | 46 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €291,015 | €292,182 | +€1,167 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,223 | €7,378 | +€155 | +2.2% |
| Other operating charges | 640/8 | €1,184 | €479 | -€705 | -59.6% |
| Non-recurring operating charges | 66A | €902 | €63 | -€839 | -93.0% |
| Gross operating margin | 9900 | €4,656 | €14,974 | +€10,318 | +221.6% |
| Operating profit (loss) | 9901 | -€4,654 | €7,053 | +€11,707 | |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €88 | €179 | +€91 | +103.8% |
| Recurring financial charges | 65 | €88 | €179 | +€91 | +103.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,742 | €6,902 | +€11,643 | |
| Profit (loss) for the period | 9904 | -€4,742 | €6,902 | +€11,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,742 | €6,902 | +€11,643 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.