VIVANYA: 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.
VIVANYA
Largest movements
- Current investments -€252,858
down €252,858 (-100%), from €252,858 to €0
- Cash +€58,840
up €58,840 (+1,145%), from €5,139 to €63,979
mainly Current investments (+€252,858) and Depreciation (+€29,476)
- Receivables within one year +€37,414
up €37,414 (+321%), from €11,660 to €49,074
of which Other amounts receivable: +€35,842
- Tangible fixed assets -€28,411
down €28,411 (-5.0%), from €569,181 to €540,771
of which Other tangible fixed assets: -€28,588
- Contributions -€119,813
down €119,813 (-100%), from €119,813 to €0
- Other debts -€35,796
down €35,796 (-98.3%), from €36,427 to €631
- Reserves -€19,187
down €19,187 (-3.3%), from €574,879 to €555,692
of which Tax-exempt reserves: -€19,354
- Financial income -€5,937
down €5,937 (-71.6%), from €8,294 to €2,358
- Financial charges -€3,624
down €3,624 (-96.5%), from €3,755 to €131
- Taxes -€2,381
down €2,381 (-96.3%), from €2,473 to €92
- Other operating charges +€2,101
up €2,101 (+34.6%), from €6,065 to €8,165
- Gross operating margin -€1,781
down €1,781 (-15.3%), from €11,650 to €9,868
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 | €846,535 | €663,814 | -€182,721 | -21.6% |
| Fixed assets | 21/28 | €569,181 | €540,771 | -€28,411 | -5.0% |
| Tangible fixed assets | 22/27 | €569,181 | €540,771 | -€28,411 | -5.0% |
| Land and buildings | 22 | €27,130 | €26,610 | -€520 | -1.9% |
| Plant, machinery and equipment | 23 | €128 | €0 | -€128 | -100.0% |
| Furniture and vehicles | 24 | - | €825 | +€825 | |
| Other tangible fixed assets | 26 | €541,924 | €513,335 | -€28,588 | -5.3% |
| Current assets | 29/58 | €277,354 | €123,044 | -€154,310 | -55.6% |
| Amounts receivable within one year | 40/41 | €11,660 | €49,074 | +€37,414 | +321% |
| Trade receivables | 40 | €11,660 | €13,232 | +€1,572 | +13.5% |
| Other amounts receivable | 41 | - | €35,842 | +€35,842 | |
| Current investments | 50/53 | €252,858 | €0 | -€252,858 | -100% |
| Cash at bank and in hand | 54/58 | €5,139 | €63,979 | +€58,840 | +1,145% |
| Deferred charges and accrued income | 490/1 | €7,696 | €9,991 | +€2,294 | +29.8% |
| Total equity and liabilities | 10/49 | €846,535 | €663,814 | -€182,721 | -21.6% |
| Equity | 10/15 | €686,748 | €547,747 | -€139,000 | -20.2% |
| Contributions | 10/11 | €119,813 | €0 | -€119,813 | -100% |
| Reserves | 13 | €574,879 | €555,692 | -€19,187 | -3.3% |
| Tax-exempt reserves | 132 | €361,469 | €342,115 | -€19,354 | -5.4% |
| Distributable reserves | 133 | €213,410 | €213,577 | +€167 | +0.1% |
| Profit (loss) carried forward | 14 | -€7,945 | -€7,945 | = | 0.0% |
| Provisions and deferred taxes | 16 | €120,490 | €114,038 | -€6,451 | -5.4% |
| Deferred taxes | 168 | €120,490 | €114,038 | -€6,451 | -5.4% |
| Amounts payable | 17/49 | €39,298 | €2,029 | -€37,269 | -94.8% |
| Amounts payable within one year | 42/48 | €39,298 | €2,029 | -€37,269 | -94.8% |
| Trade debts | 44 | €1,308 | €1,398 | +€90 | +6.9% |
| Suppliers | 440/4 | €1,308 | €1,398 | +€90 | +6.9% |
| Taxes, remuneration and social security | 45 | €1,563 | €0 | -€1,563 | -100% |
| Taxes | 450/3 | €1,563 | €0 | -€1,563 | -100% |
| Other amounts payable | 47/48 | €36,427 | €631 | -€35,796 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,236 | €29,476 | +€240 | +0.8% |
| Other operating charges | 640/8 | €6,065 | €8,165 | +€2,101 | +34.6% |
| Gross operating margin | 9900 | €11,650 | €9,868 | -€1,781 | -15.3% |
| Operating profit (loss) | 9901 | -€23,651 | -€27,773 | -€4,122 | -17.4% |
| Financial income | 75/76B | €8,294 | €2,358 | -€5,937 | -71.6% |
| Recurring financial income | 75 | €8,294 | €2,358 | -€5,937 | -71.6% |
| Financial charges | 65/66B | €3,755 | €131 | -€3,624 | -96.5% |
| Recurring financial charges | 65 | €3,755 | €131 | -€3,624 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,111 | -€25,546 | -€6,435 | -33.7% |
| Transfer from deferred taxes | 780 | €6,451 | €6,451 | = | 0.0% |
| Income taxes | 67/77 | €2,473 | €92 | -€2,381 | -96.3% |
| Profit (loss) for the period | 9904 | -€15,133 | -€19,187 | -€4,054 | -26.8% |
| Transfer from tax-exempt reserves | 789 | €19,354 | €19,354 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,221 | €167 | -€4,054 | -96.0% |
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 16 October 2026 via checked.be.