VIVARAVA: 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.
VIVARAVA
Largest movements
- Receivables within one year -€138,358
down €138,358 (-61.7%), from €224,346 to €85,988
of which Other amounts receivable: -€139,089
- Cash -€112,525
down €112,525 (-65.6%), from €171,642 to €59,117
mainly Net result for the year (-€201,331) and Debts after one year (-€60,918)
- Tangible fixed assets -€43,502
down €43,502 (-20.3%), from €214,486 to €170,984
of which Other tangible fixed assets: -€27,529
- Receivables after one year -€19,447
down €19,447 (-34.9%), from €55,739 to €36,293
- Profit (loss) carried forward -€201,331
down €201,331, from €111,668 to -€89,662
- Debts after one year -€60,918
down €60,918 (-56.0%), from €108,800 to €47,882
- Tax, wage and social debts -€47,338
down €47,338 (-28.2%), from €167,671 to €120,333
of which Remuneration and social security: -€59,493
- Short-term financial debts +€16,450
new in 2025: €16,450
- Current portion of long-term debt -€15,639
down €15,639 (-21.3%), from €73,294 to €57,655
- Financial charges +€114,482
up €114,482 (+242%), from €47,283 to €161,765
of which Non-recurring financial charges: +€126,954
- Staff costs +€71,284
up €71,284 (+5.5%), from €1.3m to €1.4m
- Taxes +€52,243
new in 2025: €52,243
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 | €724,743 | €405,864 | -€318,879 | -44.0% |
| Fixed assets | 21/28 | €218,715 | €173,147 | -€45,568 | -20.8% |
| Tangible fixed assets | 22/27 | €214,486 | €170,984 | -€43,502 | -20.3% |
| Plant, machinery and equipment | 23 | €39,260 | €38,350 | -€910 | -2.3% |
| Furniture and vehicles | 24 | €60,730 | €45,667 | -€15,063 | -24.8% |
| Other tangible fixed assets | 26 | €114,496 | €86,967 | -€27,529 | -24.0% |
| Financial fixed assets | 28 | €4,229 | €2,163 | -€2,066 | -48.9% |
| Current assets | 29/58 | €506,028 | €232,717 | -€273,310 | -54.0% |
| Amounts receivable after more than one year | 29 | €55,739 | €36,293 | -€19,447 | -34.9% |
| Other amounts receivable | 291 | €55,739 | €36,293 | -€19,447 | -34.9% |
| Stocks and contracts in progress | 3 | €51,785 | €45,661 | -€6,124 | -11.8% |
| Stocks | 30/36 | €51,785 | €45,661 | -€6,124 | -11.8% |
| Amounts receivable within one year | 40/41 | €224,346 | €85,988 | -€138,358 | -61.7% |
| Trade receivables | 40 | €4,281 | €5,012 | +€731 | +17.1% |
| Other amounts receivable | 41 | €220,065 | €80,976 | -€139,089 | -63.2% |
| Cash at bank and in hand | 54/58 | €171,642 | €59,117 | -€112,525 | -65.6% |
| Deferred charges and accrued income | 490/1 | €2,516 | €5,658 | +€3,143 | +125% |
| Total equity and liabilities | 10/49 | €724,743 | €405,864 | -€318,879 | -44.0% |
| Equity | 10/15 | €221,668 | €20,338 | -€201,331 | -90.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,668 | -€89,662 | -€201,331 | |
| Amounts payable | 17/49 | €503,075 | €385,527 | -€117,548 | -23.4% |
| Amounts payable after more than one year | 17 | €108,800 | €47,882 | -€60,918 | -56.0% |
| Financial debts | 170/4 | €108,800 | €47,882 | -€60,918 | -56.0% |
| Amounts payable within one year | 42/48 | €394,275 | €337,645 | -€56,630 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €73,294 | €57,655 | -€15,639 | -21.3% |
| Financial debts | 43 | - | €16,450 | +€16,450 | |
| Credit institutions | 430/8 | - | €16,450 | +€16,450 | |
| Trade debts | 44 | €153,310 | €143,208 | -€10,103 | -6.6% |
| Suppliers | 440/4 | €153,310 | €143,208 | -€10,103 | -6.6% |
| Taxes, remuneration and social security | 45 | €167,671 | €120,333 | -€47,338 | -28.2% |
| Taxes | 450/3 | €32,049 | €44,205 | +€12,155 | +37.9% |
| Remuneration and social security | 454/9 | €135,621 | €76,128 | -€59,493 | -43.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €1,285,314 | €1,356,598 | +€71,284 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,496 | €58,070 | +€10,575 | +22.3% |
| Other operating charges | 640/8 | €2,946 | €15,190 | +€12,244 | +416% |
| Gross operating margin | 9900 | €1,424,469 | €1,428,038 | +€3,568 | +0.3% |
| Operating profit (loss) | 9901 | €88,714 | -€1,821 | -€90,535 | |
| Financial income | 75/76B | €542 | €14,498 | +€13,956 | +2,575% |
| Recurring financial income | 75 | €542 | €14,498 | +€13,956 | +2,575% |
| Financial charges | 65/66B | €47,283 | €161,765 | +€114,482 | +242% |
| Recurring financial charges | 65 | €47,283 | €34,811 | -€12,473 | -26.4% |
| Non-recurring financial charges | 66B | - | €126,954 | +€126,954 | |
| Profit (loss) for the period before taxes | 9903 | €41,973 | -€149,088 | -€191,060 | |
| Income taxes | 67/77 | - | €52,243 | +€52,243 | |
| Profit (loss) for the period | 9904 | €41,973 | -€201,331 | -€243,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,973 | -€201,331 | -€243,303 |
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 22 October 2026 via checked.be.