VIVE LA VIE: 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.
VIVE LA VIE
Largest movements
- Receivables within one year +€142,750
up €142,750 (+95.4%), from €149,574 to €292,324
of which Trade receivables: +€143,205
- Tangible fixed assets -€15,985
down €15,985 (-6.8%), from €235,656 to €219,671
of which Other tangible fixed assets: -€39,561
- Stocks and contracts -€10,608
down €10,608 (-7.9%), from €133,619 to €123,011
- Cash -€10,607
down €10,607 (-9.2%), from €115,609 to €105,001
mainly Receivables within one year (-€142,750) and Advances received (-€115,083)
- Deferred charges and accrued income -€9,794
down €9,794 (-37.7%), from €25,974 to €16,180
- Trade debts +€144,103
up €144,103 (+235%), from €61,445 to €205,548
- Advances received -€115,083
down €115,083 (-100%), from €115,083 to €0
- Reserves +€80,000
up €80,000 (+69.6%), from €115,000 to €195,000
- Debts after one year -€32,055
down €32,055 (-10.6%), from €303,621 to €271,566
of which Financial debts: -€32,055
- Profit (loss) carried forward +€30,123
up €30,123, from -€28,387 to €1,736
- Gross operating margin +€107,720
up €107,720 (+45.9%), from €234,781 to €342,501
- Taxes +€28,204
up €28,204 (+13,576%), from €208 to €28,412
- Staff costs -€21,614
down €21,614 (-13.9%), from €155,723 to €134,109
- Depreciation -€5,891
down €5,891 (-11.1%), from €52,991 to €47,100
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 | €670,933 | €758,188 | +€87,255 | +13.0% |
| Fixed assets | 21/28 | €246,156 | €221,671 | -€24,485 | -9.9% |
| Tangible fixed assets | 22/27 | €235,656 | €219,671 | -€15,985 | -6.8% |
| Furniture and vehicles | 24 | €23,747 | €47,324 | +€23,576 | +99.3% |
| Other tangible fixed assets | 26 | €211,909 | €172,348 | -€39,561 | -18.7% |
| Financial fixed assets | 28 | €10,500 | €2,000 | -€8,500 | -81.0% |
| Current assets | 29/58 | €424,776 | €536,516 | +€111,740 | +26.3% |
| Stocks and contracts in progress | 3 | €133,619 | €123,011 | -€10,608 | -7.9% |
| Stocks | 30/36 | €133,619 | €123,011 | -€10,608 | -7.9% |
| Amounts receivable within one year | 40/41 | €149,574 | €292,324 | +€142,750 | +95.4% |
| Trade receivables | 40 | €149,120 | €292,324 | +€143,205 | +96.0% |
| Other amounts receivable | 41 | €454 | €0 | -€454 | -100% |
| Cash at bank and in hand | 54/58 | €115,609 | €105,001 | -€10,607 | -9.2% |
| Deferred charges and accrued income | 490/1 | €25,974 | €16,180 | -€9,794 | -37.7% |
| Total equity and liabilities | 10/49 | €670,933 | €758,188 | +€87,255 | +13.0% |
| Equity | 10/15 | €99,013 | €209,136 | +€110,123 | +111% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €115,000 | €195,000 | +€80,000 | +69.6% |
| Distributable reserves | 133 | €115,000 | €195,000 | +€80,000 | +69.6% |
| Profit (loss) carried forward | 14 | -€28,387 | €1,736 | +€30,123 | |
| Amounts payable | 17/49 | €571,919 | €549,052 | -€22,868 | -4.0% |
| Amounts payable after more than one year | 17 | €303,621 | €271,566 | -€32,055 | -10.6% |
| Financial debts | 170/4 | €147,055 | €115,000 | -€32,055 | -21.8% |
| Other amounts payable | 178/9 | €156,566 | €156,566 | = | 0.0% |
| Amounts payable within one year | 42/48 | €265,235 | €273,817 | +€8,582 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €37,323 | €32,055 | -€5,268 | -14.1% |
| Trade debts | 44 | €61,445 | €205,548 | +€144,103 | +235% |
| Suppliers | 440/4 | €61,445 | €205,548 | +€144,103 | +235% |
| Advances received on contracts in progress | 46 | €115,083 | €0 | -€115,083 | -100% |
| Taxes, remuneration and social security | 45 | €45,237 | €34,936 | -€10,301 | -22.8% |
| Taxes | 450/3 | €36,198 | €27,176 | -€9,021 | -24.9% |
| Remuneration and social security | 454/9 | €9,040 | €7,760 | -€1,280 | -14.2% |
| Other amounts payable | 47/48 | €6,147 | €1,278 | -€4,869 | -79.2% |
| Accrued charges and deferred income | 492/3 | €3,064 | €3,669 | +€605 | +19.8% |
| Non-recurring operating income | 76A | €2,500 | €0 | -€2,500 | -100% |
| Remuneration, social security and pensions | 62 | €155,723 | €134,109 | -€21,614 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,991 | €47,100 | -€5,891 | -11.1% |
| Other operating charges | 640/8 | €2,392 | €1,643 | -€749 | -31.3% |
| Non-recurring operating charges | 66A | €0 | €11,747 | +€11,747 | |
| Gross operating margin | 9900 | €234,781 | €342,501 | +€107,720 | +45.9% |
| Operating profit (loss) | 9901 | €23,674 | €147,902 | +€124,227 | +525% |
| Financial income | 75/76B | €352 | €201 | -€151 | -42.8% |
| Recurring financial income | 75 | €352 | €201 | -€151 | -42.8% |
| Financial charges | 65/66B | €9,502 | €9,568 | +€66 | +0.7% |
| Recurring financial charges | 65 | €9,502 | €9,568 | +€66 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €14,524 | €138,535 | +€124,010 | +854% |
| Income taxes | 67/77 | €208 | €28,412 | +€28,204 | +13,576% |
| Profit (loss) for the period | 9904 | €14,317 | €110,123 | +€95,806 | +669% |
| Profit (loss) for the period to be appropriated | 9905 | €14,317 | €110,123 | +€95,806 | +669% |
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 29 October 2026 via checked.be.