VIVANY: 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.
VIVANY
Largest movements
- Cash +€231,629
up €231,629 (+236,815%), from €98 to €231,727
mainly Receivables after one year (+€141,750) and Other debts (+€130,274)
- Receivables after one year -€141,750
no longer reported in 2025 (was €141,750)
- Receivables within one year -€59,586
down €59,586 (-34.8%), from €171,329 to €111,743
of which Other amounts receivable: -€35,411
- Tangible fixed assets +€35,606
up €35,606 (+52.1%), from €68,278 to €103,884
of which Land and buildings: +€32,967
- Other debts +€130,274
up €130,274 (+444%), from €29,360 to €159,634
- Contributions -€108,500
down €108,500 (-63.8%), from €170,000 to €61,500
- Debts after one year +€31,479
new in 2025: €31,479
- Trade debts +€30,834
up €30,834 (+215%), from €14,329 to €45,163
- Reserves -€27,788
down €27,788 (-19.1%), from €145,557 to €117,769
of which Distributable reserves: -€27,788
- Staff costs +€13,448
up €13,448 (+160%), from €8,419 to €21,868
- Gross operating margin +€10,726
up €10,726 (+9.8%), from €109,389 to €120,115
- Other operating charges +€9,954
up €9,954 (+66.3%), from €15,017 to €24,971
- Taxes -€3,223
down €3,223 (-15.0%), from €21,482 to €18,259
- Financial income +€2,899
up €2,899 (+1,733%), from €167 to €3,066
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 | €384,155 | €451,555 | +€67,400 | +17.5% |
| Fixed assets | 21/28 | €68,278 | €105,313 | +€37,035 | +54.2% |
| Intangible fixed assets | 21 | - | €1,429 | +€1,429 | |
| Tangible fixed assets | 22/27 | €68,278 | €103,884 | +€35,606 | +52.1% |
| Land and buildings | 22 | €55,851 | €88,818 | +€32,967 | +59.0% |
| Plant, machinery and equipment | 23 | €1,876 | €1,487 | -€389 | -20.7% |
| Furniture and vehicles | 24 | €10,551 | €13,579 | +€3,028 | +28.7% |
| Current assets | 29/58 | €315,877 | €346,242 | +€30,365 | +9.6% |
| Amounts receivable after more than one year | 29 | €141,750 | - | -€141,750 | |
| Other amounts receivable | 291 | €141,750 | - | -€141,750 | |
| Amounts receivable within one year | 40/41 | €171,329 | €111,743 | -€59,586 | -34.8% |
| Trade receivables | 40 | €133,452 | €109,277 | -€24,175 | -18.1% |
| Other amounts receivable | 41 | €37,877 | €2,466 | -€35,411 | -93.5% |
| Cash at bank and in hand | 54/58 | €98 | €231,727 | +€231,629 | +236,815% |
| Deferred charges and accrued income | 490/1 | €2,700 | €2,772 | +€72 | +2.7% |
| Total equity and liabilities | 10/49 | €384,155 | €451,555 | +€67,400 | +17.5% |
| Equity | 10/15 | €315,557 | €179,269 | -€136,288 | -43.2% |
| Contributions | 10/11 | €170,000 | €61,500 | -€108,500 | -63.8% |
| Capital | 10 | €170,000 | €61,500 | -€108,500 | -63.8% |
| Issued capital | 100 | €170,000 | €61,500 | -€108,500 | -63.8% |
| Reserves | 13 | €145,557 | €117,769 | -€27,788 | -19.1% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €128,557 | €100,769 | -€27,788 | -21.6% |
| Amounts payable | 17/49 | €68,598 | €272,286 | +€203,688 | +297% |
| Amounts payable after more than one year | 17 | - | €31,479 | +€31,479 | |
| Financial debts | 170/4 | - | €31,479 | +€31,479 | |
| Amounts payable within one year | 42/48 | €68,598 | €240,807 | +€172,209 | +251% |
| Current portion of amounts payable after more than one year | 42 | - | €3,346 | +€3,346 | |
| Trade debts | 44 | €14,329 | €45,163 | +€30,834 | +215% |
| Suppliers | 440/4 | €14,329 | €45,163 | +€30,834 | +215% |
| Taxes, remuneration and social security | 45 | €24,909 | €32,663 | +€7,754 | +31.1% |
| Taxes | 450/3 | €21,800 | €30,298 | +€8,498 | +39.0% |
| Remuneration and social security | 454/9 | €3,109 | €2,365 | -€744 | -23.9% |
| Other amounts payable | 47/48 | €29,360 | €159,634 | +€130,274 | +444% |
| Non-recurring operating income | 76A | €10,810 | - | -€10,810 | |
| Remuneration, social security and pensions | 62 | €8,419 | €21,868 | +€13,448 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,832 | €13,105 | +€2,273 | +21.0% |
| Other operating charges | 640/8 | €15,017 | €24,971 | +€9,954 | +66.3% |
| Gross operating margin | 9900 | €109,389 | €120,115 | +€10,726 | +9.8% |
| Operating profit (loss) | 9901 | €75,120 | €60,171 | -€14,949 | -19.9% |
| Financial income | 75/76B | €167 | €3,066 | +€2,899 | +1,733% |
| Recurring financial income | 75 | €167 | €3,066 | +€2,899 | +1,733% |
| Financial charges | 65/66B | €3,207 | €1,686 | -€1,521 | -47.4% |
| Recurring financial charges | 65 | €3,207 | €1,686 | -€1,521 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €72,081 | €61,551 | -€10,530 | -14.6% |
| Income taxes | 67/77 | €21,482 | €18,259 | -€3,223 | -15.0% |
| Profit (loss) for the period | 9904 | €50,599 | €43,292 | -€7,307 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,599 | €43,292 | -€7,307 | -14.4% |
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 19 October 2026 via checked.be.