VIVASSO: what changed
Two fiscal 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.
VIVASSO
Largest movements
- Tangible fixed assets -€42,194
down €42,194 (-4.2%), from €1.0m to €972,676
of which Land and buildings: -€39,386
- Debts after one year -€55,348
down €55,348 (-6.8%), from €816,395 to €761,047
- Trade debts -€19,219
down €19,219 (-97.3%), from €19,761 to €542
- Profit (loss) carried forward +€15,985
up €15,985, from -€15,985 to €0
- Depreciation -€8,088
down €8,088 (-16.1%), from €50,282 to €42,194
- Gross operating margin +€4,990
up €4,990 (+5.8%), from €86,006 to €90,996
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 | €1,050,151 | €1,001,821 | -€48,330 | -4.6% |
| Fixed assets | 21/28 | €1,014,870 | €972,676 | -€42,194 | -4.2% |
| Tangible fixed assets | 22/27 | €1,014,870 | €972,676 | -€42,194 | -4.2% |
| Land and buildings | 22 | €981,063 | €941,677 | -€39,386 | -4.0% |
| Plant, machinery and equipment | 23 | €27,176 | €25,694 | -€1,482 | -5.5% |
| Furniture and vehicles | 24 | €6,631 | €5,306 | -€1,325 | -20.0% |
| Current assets | 29/58 | €35,281 | €29,145 | -€6,136 | -17.4% |
| Amounts receivable within one year | 40/41 | €26,087 | €20,667 | -€5,419 | -20.8% |
| Trade receivables | 40 | €14,890 | €0 | -€14,890 | -100.0% |
| Other amounts receivable | 41 | €11,197 | €20,667 | +€9,470 | +84.6% |
| Cash at bank and in hand | 54/58 | €8,508 | €7,727 | -€781 | -9.2% |
| Deferred charges and accrued income | 490/1 | €686 | €750 | +€64 | +9.4% |
| Total equity and liabilities | 10/49 | €1,050,151 | €1,001,821 | -€48,330 | -4.6% |
| Equity | 10/15 | €64,015 | €83,349 | +€19,334 | +30.2% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | - | €3,349 | +€3,349 | |
| Distributable reserves | 133 | - | €3,349 | +€3,349 | |
| Profit (loss) carried forward | 14 | -€15,985 | €0 | +€15,985 | |
| Amounts payable | 17/49 | €986,136 | €918,471 | -€67,664 | -6.9% |
| Amounts payable after more than one year | 17 | €816,395 | €761,047 | -€55,348 | -6.8% |
| Financial debts | 170/4 | €816,395 | €761,047 | -€55,348 | -6.8% |
| Amounts payable within one year | 42/48 | €165,357 | €153,163 | -€12,194 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €65,598 | €66,695 | +€1,097 | +1.7% |
| Trade debts | 44 | €19,761 | €542 | -€19,219 | -97.3% |
| Suppliers | 440/4 | €19,761 | €542 | -€19,219 | -97.3% |
| Taxes, remuneration and social security | 45 | - | €5,927 | +€5,927 | |
| Taxes | 450/3 | - | €5,927 | +€5,927 | |
| Other amounts payable | 47/48 | €79,998 | €79,998 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,384 | €4,262 | -€122 | -2.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,282 | €42,194 | -€8,088 | -16.1% |
| Other operating charges | 640/8 | €10,790 | €11,376 | +€586 | +5.4% |
| Gross operating margin | 9900 | €86,006 | €90,996 | +€4,990 | +5.8% |
| Operating profit (loss) | 9901 | €24,934 | €37,426 | +€12,492 | +50.1% |
| Financial charges | 65/66B | €17,087 | €17,196 | +€109 | +0.6% |
| Recurring financial charges | 65 | €17,087 | €17,196 | +€109 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €7,847 | €20,230 | +€12,383 | +157.8% |
| Income taxes | 67/77 | - | €896 | +€896 | |
| Profit (loss) for the period | 9904 | €7,847 | €19,334 | +€11,487 | +146.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,847 | €19,334 | +€11,487 | +146.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.