VIVARDENT IMMO: 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 IMMO
Largest movements
- Cash -€46,948
down €46,948 (-86.9%), from €54,005 to €7,058
mainly Short-term financial debts (-€163,000) and Debts after one year (-€75,877)
- Tangible fixed assets -€38,038
down €38,038 (-1.8%), from €2.2m to €2.1m
of which Land and buildings: -€23,489
- Short-term financial debts -€163,000
down €163,000 (-50.0%), from €326,000 to €163,000
- Investment grants +€138,550
new in 2025: €138,550
- Debts after one year -€75,877
down €75,877 (-5.0%), from €1.5m to €1.4m
- Financial income +€24,450
up €24,450 (+81,501,467%), from €0 to €24,450
- Gross operating margin +€21,061
up €21,061 (+17.7%), from €119,125 to €140,186
- Depreciation +€4,456
up €4,456 (+4.5%), from €99,149 to €103,606
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 | €2,389,947 | €2,305,808 | -€84,139 | -3.5% |
| Fixed assets | 21/28 | €2,173,160 | €2,135,122 | -€38,038 | -1.8% |
| Tangible fixed assets | 22/27 | €2,173,160 | €2,135,122 | -€38,038 | -1.8% |
| Land and buildings | 22 | €1,934,492 | €1,911,003 | -€23,489 | -1.2% |
| Plant, machinery and equipment | 23 | €238,668 | €224,119 | -€14,549 | -6.1% |
| Current assets | 29/58 | €216,787 | €170,686 | -€46,101 | -21.3% |
| Amounts receivable within one year | 40/41 | €162,781 | €163,628 | +€847 | +0.5% |
| Trade receivables | 40 | €9,469 | - | -€9,469 | |
| Other amounts receivable | 41 | €153,312 | €163,628 | +€10,316 | +6.7% |
| Cash at bank and in hand | 54/58 | €54,005 | €7,058 | -€46,948 | -86.9% |
| Total equity and liabilities | 10/49 | €2,389,947 | €2,305,808 | -€84,139 | -3.5% |
| Equity | 10/15 | €390,824 | €532,412 | +€141,587 | +36.2% |
| Contributions | 10/11 | €480,000 | €493,750 | +€13,750 | +2.9% |
| Profit (loss) carried forward | 14 | -€89,176 | -€99,888 | -€10,713 | -12.0% |
| Investment grants | 15 | - | €138,550 | +€138,550 | |
| Amounts payable | 17/49 | €1,999,123 | €1,773,396 | -€225,727 | -11.3% |
| Amounts payable after more than one year | 17 | €1,511,497 | €1,435,619 | -€75,877 | -5.0% |
| Financial debts | 170/4 | €1,511,497 | €1,435,619 | -€75,877 | -5.0% |
| Amounts payable within one year | 42/48 | €487,626 | €337,777 | -€149,849 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €86,626 | €88,046 | +€1,420 | +1.6% |
| Financial debts | 43 | €326,000 | €163,000 | -€163,000 | -50.0% |
| Credit institutions | 430/8 | €326,000 | €163,000 | -€163,000 | -50.0% |
| Trade debts | 44 | - | €481 | +€481 | |
| Suppliers | 440/4 | - | €481 | +€481 | |
| Other amounts payable | 47/48 | €75,000 | €86,250 | +€11,250 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,149 | €103,606 | +€4,456 | +4.5% |
| Other operating charges | 640/8 | €471 | €620 | +€149 | +31.7% |
| Gross operating margin | 9900 | €119,125 | €140,186 | +€21,061 | +17.7% |
| Operating profit (loss) | 9901 | €19,505 | €35,960 | +€16,456 | +84.4% |
| Financial income | 75/76B | €0 | €24,450 | +€24,450 | +81,501,467% |
| Recurring financial income | 75 | €0 | €24,450 | +€24,450 | +81,501,467% |
| Financial charges | 65/66B | €70,379 | €71,123 | +€745 | +1.1% |
| Recurring financial charges | 65 | €70,379 | €71,123 | +€745 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€50,874 | -€10,713 | +€40,161 | +78.9% |
| Profit (loss) for the period | 9904 | -€50,874 | -€10,713 | +€40,161 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,874 | -€10,713 | +€40,161 | +78.9% |
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 27 October 2026 via checked.be.