VIVARDENT: 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.
VIVARDENT
Largest movements
- Stocks and contracts +€215,388
up €215,388 (+131%), from €163,903 to €379,291
- Receivables within one year +€86,784
up €86,784 (+188%), from €46,206 to €132,990
- Cash -€35,752
down €35,752 (-39.6%), from €90,336 to €54,584
mainly Other debts (-€702,897) and Stocks and contracts (-€215,388)
- Tangible fixed assets +€23,653
up €23,653 (+1.5%), from €1.5m to €1.6m
of which Plant, machinery and equipment: +€111,740
- Debts after one year +€861,182
up €861,182 (+161%), from €536,506 to €1.4m
- Other debts -€702,897
down €702,897 (-46.8%), from €1.5m to €799,600
- Trade debts +€63,370
up €63,370 (+196%), from €32,364 to €95,733
- Current portion of long-term debt +€41,472
up €41,472 (+68.5%), from €60,509 to €101,981
- Contributions +€30,000
up €30,000 (+9.3%), from €321,000 to €351,000
- Gross operating margin +€414,849
up €414,849 (+771%), from €53,816 to €468,665
- Staff costs +€75,319
up €75,319 (+43.5%), from €173,064 to €248,383
- Depreciation +€46,248
up €46,248 (+31.9%), from €144,848 to €191,096
- Financial income +€13,798
up €13,798 (+17,495%), from €79 to €13,877
- Financial charges +€11,537
up €11,537 (+45.0%), from €25,646 to €37,183
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 | €1,839,121 | €2,131,786 | +€292,664 | +15.9% |
| Fixed assets | 21/28 | €1,538,676 | €1,560,366 | +€21,690 | +1.4% |
| Intangible fixed assets | 21 | €5,780 | €3,818 | -€1,962 | -34.0% |
| Tangible fixed assets | 22/27 | €1,532,695 | €1,556,348 | +€23,653 | +1.5% |
| Land and buildings | 22 | €100,804 | €97,759 | -€3,046 | -3.0% |
| Plant, machinery and equipment | 23 | €463,244 | €574,984 | +€111,740 | +24.1% |
| Furniture and vehicles | 24 | €296,921 | €235,273 | -€61,648 | -20.8% |
| Leasing and similar rights | 25 | €671,726 | €648,333 | -€23,394 | -3.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €300,446 | €571,420 | +€270,974 | +90.2% |
| Stocks and contracts in progress | 3 | €163,903 | €379,291 | +€215,388 | +131% |
| Stocks | 30/36 | €163,903 | €379,291 | +€215,388 | +131% |
| Amounts receivable within one year | 40/41 | €46,206 | €132,990 | +€86,784 | +188% |
| Trade receivables | 40 | €46,206 | €132,990 | +€86,784 | +188% |
| Cash at bank and in hand | 54/58 | €90,336 | €54,584 | -€35,752 | -39.6% |
| Deferred charges and accrued income | 490/1 | - | €4,554 | +€4,554 | |
| Total equity and liabilities | 10/49 | €1,839,121 | €2,131,786 | +€292,664 | +15.9% |
| Equity | 10/15 | -€331,188 | -€297,369 | +€33,819 | +10.2% |
| Contributions | 10/11 | €321,000 | €351,000 | +€30,000 | +9.3% |
| Profit (loss) carried forward | 14 | -€652,188 | -€648,369 | +€3,819 | +0.6% |
| Amounts payable | 17/49 | €2,170,309 | €2,429,155 | +€258,846 | +11.9% |
| Amounts payable after more than one year | 17 | €536,506 | €1,397,688 | +€861,182 | +161% |
| Financial debts | 170/4 | €536,506 | €1,397,688 | +€861,182 | +161% |
| Amounts payable within one year | 42/48 | €1,630,856 | €1,031,466 | -€599,390 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €60,509 | €101,981 | +€41,472 | +68.5% |
| Trade debts | 44 | €32,364 | €95,733 | +€63,370 | +196% |
| Suppliers | 440/4 | €32,364 | €95,733 | +€63,370 | +196% |
| Taxes, remuneration and social security | 45 | €35,487 | €34,152 | -€1,335 | -3.8% |
| Taxes | 450/3 | €19,130 | €16,138 | -€2,993 | -15.6% |
| Remuneration and social security | 454/9 | €16,356 | €18,014 | +€1,658 | +10.1% |
| Other amounts payable | 47/48 | €1,502,496 | €799,600 | -€702,897 | -46.8% |
| Accrued charges and deferred income | 492/3 | €2,947 | - | -€2,947 | |
| Remuneration, social security and pensions | 62 | €173,064 | €248,383 | +€75,319 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,848 | €191,096 | +€46,248 | +31.9% |
| Other operating charges | 640/8 | €2,536 | €2,062 | -€475 | -18.7% |
| Gross operating margin | 9900 | €53,816 | €468,665 | +€414,849 | +771% |
| Operating profit (loss) | 9901 | -€266,633 | €27,124 | +€293,757 | |
| Financial income | 75/76B | €79 | €13,877 | +€13,798 | +17,495% |
| Recurring financial income | 75 | €79 | €13,877 | +€13,798 | +17,495% |
| Financial charges | 65/66B | €25,646 | €37,183 | +€11,537 | +45.0% |
| Recurring financial charges | 65 | €25,646 | €37,183 | +€11,537 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | -€292,200 | €3,819 | +€296,019 | |
| Income taxes | 67/77 | €321 | - | -€321 | |
| Profit (loss) for the period | 9904 | -€292,520 | €3,819 | +€296,339 | |
| Profit (loss) for the period to be appropriated | 9905 | -€292,520 | €3,819 | +€296,339 |
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 14 October 2026 via checked.be.