VIVAZTEAM: 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.
VIVAZTEAM
Largest movements
- Receivables within one year +€36,972
up €36,972 (+165%), from €22,399 to €59,371
of which Trade receivables: +€36,672
- Cash -€7,148
down €7,148 (-28.8%), from €24,831 to €17,683
mainly Receivables within one year (-€36,972)
- Trade debts +€15,415
up €15,415 (+713%), from €2,163 to €17,578
- Profit (loss) carried forward +€6,792
up €6,792 (+46.2%), from €14,690 to €21,481
- Tax, wage and social debts +€5,729
up €5,729 (+78.6%), from €7,288 to €13,017
of which Remuneration and social security: +€4,136
- Reserves +€1,131
up €1,131 (+72.7%), from €1,556 to €2,686
- Turnover +€29,832
up €29,832 (+45.2%), from €66,031 to €95,863
- Purchases and services +€20,772
up €20,772 (+53.3%), from €38,991 to €59,762
- Staff costs +€9,577
up €9,577 (+70.7%), from €13,546 to €23,123
- Gross operating margin +€9,061
up €9,061 (+33.5%), from €27,040 to €36,101
- Other operating charges -€1,164
down €1,164 (-44.4%), from €2,620 to €1,456
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,229 | €77,054 | +€29,825 | +63.1% |
| Current assets | 29/58 | €47,229 | €77,054 | +€29,825 | +63.1% |
| Amounts receivable within one year | 40/41 | €22,399 | €59,371 | +€36,972 | +165% |
| Trade receivables | 40 | €6,713 | €43,386 | +€36,672 | +546% |
| Other amounts receivable | 41 | €15,685 | €15,985 | +€300 | +1.9% |
| Cash at bank and in hand | 54/58 | €24,831 | €17,683 | -€7,148 | -28.8% |
| Total equity and liabilities | 10/49 | €47,229 | €77,054 | +€29,825 | +63.1% |
| Equity | 10/15 | €34,845 | €42,767 | +€7,922 | +22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,556 | €2,686 | +€1,131 | +72.7% |
| Non-distributable reserves | 130/1 | €1,556 | €2,686 | +€1,131 | +72.7% |
| Legal reserve | 130 | €1,556 | €2,686 | +€1,131 | +72.7% |
| Profit (loss) carried forward | 14 | €14,690 | €21,481 | +€6,792 | +46.2% |
| Amounts payable | 17/49 | €12,384 | €34,287 | +€21,903 | +177% |
| Amounts payable within one year | 42/48 | €12,384 | €34,287 | +€21,903 | +177% |
| Financial debts | 43 | €2,933 | €3,692 | +€759 | +25.9% |
| Credit institutions | 430/8 | €2,933 | €3,692 | +€759 | +25.9% |
| Trade debts | 44 | €2,163 | €17,578 | +€15,415 | +713% |
| Suppliers | 440/4 | €2,163 | €17,578 | +€15,415 | +713% |
| Taxes, remuneration and social security | 45 | €7,288 | €13,017 | +€5,729 | +78.6% |
| Taxes | 450/3 | €6,550 | €8,143 | +€1,593 | +24.3% |
| Remuneration and social security | 454/9 | €738 | €4,874 | +€4,136 | +560% |
| Turnover | 70 | €66,031 | €95,863 | +€29,832 | +45.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,991 | €59,762 | +€20,772 | +53.3% |
| Remuneration, social security and pensions | 62 | €13,546 | €23,123 | +€9,577 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,144 | - | -€1,144 | |
| Other operating charges | 640/8 | €2,620 | €1,456 | -€1,164 | -44.4% |
| Non-recurring operating charges | 66A | €456 | €1,345 | +€889 | +195% |
| Gross operating margin | 9900 | €27,040 | €36,101 | +€9,061 | +33.5% |
| Operating profit (loss) | 9901 | €9,274 | €10,177 | +€903 | +9.7% |
| Financial charges | 65/66B | €457 | €274 | -€183 | -40.1% |
| Recurring financial charges | 65 | €457 | €274 | -€183 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €8,817 | €9,903 | +€1,086 | +12.3% |
| Income taxes | 67/77 | €2,204 | €1,981 | -€224 | -10.1% |
| Profit (loss) for the period | 9904 | €6,613 | €7,922 | +€1,310 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,613 | €7,922 | +€1,310 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.