VIVAS: 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.
VIVAS
Largest movements
- Cash -€67,241
down €67,241 (-54.8%), from €122,637 to €55,396
mainly Contributions, distributions and other (-€112,209) and Other debts (-€79,181)
- Receivables within one year -€4,281
down €4,281 (-22.9%), from €18,723 to €14,442
of which Trade receivables: -€4,281
- Other debts -€79,181
down €79,181 (-72.2%), from €109,722 to €30,541
- Tax, wage and social debts +€5,369
up €5,369 (+46.4%), from €11,574 to €16,943
- Gross operating margin +€88,912
up €88,912 (+146.4%), from €60,728 to €149,640
- Taxes +€21,944
up €21,944 (+202.8%), from €10,819 to €32,763
- Financial charges -€4,929
down €4,929 (-67.4%), from €7,314 to €2,384
- Depreciation -€2,174
down €2,174 (-70.6%), from €3,079 to €906
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.
Cash bridge derived
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 | €143,595 | €71,166 | -€72,428 | -50.4% |
| Fixed assets | 21/28 | €2,235 | €1,329 | -€906 | -40.5% |
| Tangible fixed assets | 22/27 | €2,235 | €1,329 | -€906 | -40.5% |
| Furniture and vehicles | 24 | €2,021 | €1,329 | -€692 | -34.2% |
| Other tangible fixed assets | 26 | €214 | €0 | -€214 | -100.0% |
| Current assets | 29/58 | €141,360 | €69,837 | -€71,523 | -50.6% |
| Amounts receivable within one year | 40/41 | €18,723 | €14,442 | -€4,281 | -22.9% |
| Trade receivables | 40 | €15,542 | €11,261 | -€4,281 | -27.5% |
| Other amounts receivable | 41 | €3,181 | €3,181 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €122,637 | €55,396 | -€67,241 | -54.8% |
| Total equity and liabilities | 10/49 | €143,595 | €71,166 | -€72,428 | -50.4% |
| Equity | 10/15 | €18,550 | €18,550 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €125,045 | €52,616 | -€72,428 | -57.9% |
| Amounts payable within one year | 42/48 | €125,045 | €51,733 | -€73,311 | -58.6% |
| Trade debts | 44 | €3,749 | €4,250 | +€501 | +13.4% |
| Suppliers | 440/4 | €3,749 | €4,250 | +€501 | +13.4% |
| Taxes, remuneration and social security | 45 | €11,574 | €16,943 | +€5,369 | +46.4% |
| Taxes | 450/3 | €11,574 | €16,943 | +€5,369 | +46.4% |
| Other amounts payable | 47/48 | €109,722 | €30,541 | -€79,181 | -72.2% |
| Accrued charges and deferred income | 492/3 | - | €883 | +€883 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,079 | €906 | -€2,174 | -70.6% |
| Other operating charges | 640/8 | €1,705 | €1,382 | -€323 | -18.9% |
| Gross operating margin | 9900 | €60,728 | €149,640 | +€88,912 | +146.4% |
| Operating profit (loss) | 9901 | €55,944 | €147,353 | +€91,409 | +163.4% |
| Financial income | 75/76B | €0 | €4 | +€4 | +13233.3% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +13233.3% |
| Financial charges | 65/66B | €7,314 | €2,384 | -€4,929 | -67.4% |
| Recurring financial charges | 65 | €7,314 | €2,384 | -€4,929 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €48,630 | €144,973 | +€96,342 | +198.1% |
| Income taxes | 67/77 | €10,819 | €32,763 | +€21,944 | +202.8% |
| Profit (loss) for the period | 9904 | €37,811 | €112,209 | +€74,398 | +196.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,811 | €112,209 | +€74,398 | +196.8% |
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 12 October 2026 via checked.be.