Vive Le Véro: 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 Le Véro
Largest movements
- Receivables within one year +€5,708
up €5,708 (+42.2%), from €13,528 to €19,236
of which Other amounts receivable: +€7,000
- Cash +€3,691
up €3,691 (+49.0%), from €7,541 to €11,232
mainly Net result for the year (+€10,962) and Other debts (+€8,216)
- Stocks and contracts +€2,062
up €2,062 (+96.9%), from €2,129 to €4,191
- Tangible fixed assets +€985
up €985 (+2.5%), from €39,652 to €40,637
- Reserves +€10,962
up €10,962 (+30.5%), from €35,972 to €46,935
- Tax, wage and social debts -€9,685
down €9,685 (-49.9%), from €19,429 to €9,743
- Other debts +€8,216
up €8,216 (+542%), from €1,517 to €9,733
- Short-term financial debts +€3,362
new in 2025: €3,362
- Gross operating margin -€25,518
down €25,518 (-55.6%), from €45,879 to €20,360
- Taxes -€4,654
down €4,654 (-50.7%), from €9,176 to €4,522
- Depreciation +€3,658
up €3,658 (+516%), from €708 to €4,366
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 | €62,851 | €75,863 | +€13,012 | +20.7% |
| Fixed assets | 21/28 | €39,653 | €40,637 | +€984 | +2.5% |
| Intangible fixed assets | 21 | €1 | - | -€1 | |
| Tangible fixed assets | 22/27 | €39,652 | €40,637 | +€985 | +2.5% |
| Plant, machinery and equipment | 23 | €39,652 | €40,637 | +€985 | +2.5% |
| Current assets | 29/58 | €23,198 | €35,226 | +€12,028 | +51.9% |
| Stocks and contracts in progress | 3 | €2,129 | €4,191 | +€2,062 | +96.9% |
| Stocks | 30/36 | €2,129 | €4,191 | +€2,062 | +96.9% |
| Amounts receivable within one year | 40/41 | €13,528 | €19,236 | +€5,708 | +42.2% |
| Trade receivables | 40 | €13,528 | €12,236 | -€1,292 | -9.6% |
| Other amounts receivable | 41 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €7,541 | €11,232 | +€3,691 | +49.0% |
| Deferred charges and accrued income | 490/1 | - | €566 | +€566 | |
| Total equity and liabilities | 10/49 | €62,851 | €75,863 | +€13,012 | +20.7% |
| Equity | 10/15 | €40,972 | €51,935 | +€10,962 | +26.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,972 | €46,935 | +€10,962 | +30.5% |
| Distributable reserves | 133 | €35,972 | €46,935 | +€10,962 | +30.5% |
| Amounts payable | 17/49 | €21,878 | €23,928 | +€2,050 | +9.4% |
| Amounts payable within one year | 42/48 | €21,878 | €23,928 | +€2,050 | +9.4% |
| Financial debts | 43 | - | €3,362 | +€3,362 | |
| Credit institutions | 430/8 | - | €3,362 | +€3,362 | |
| Trade debts | 44 | €933 | €990 | +€57 | +6.1% |
| Suppliers | 440/4 | €933 | €990 | +€57 | +6.1% |
| Advances received on contracts in progress | 46 | - | €100 | +€100 | |
| Taxes, remuneration and social security | 45 | €19,429 | €9,743 | -€9,685 | -49.9% |
| Taxes | 450/3 | €19,429 | €9,743 | -€9,685 | -49.9% |
| Other amounts payable | 47/48 | €1,517 | €9,733 | +€8,216 | +542% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €4,366 | +€3,658 | +516% |
| Other operating charges | 640/8 | €22 | €328 | +€306 | +1,400% |
| Gross operating margin | 9900 | €45,879 | €20,360 | -€25,518 | -55.6% |
| Operating profit (loss) | 9901 | €45,148 | €15,667 | -€29,482 | -65.3% |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €0 | €205 | +€205 | +136,613% |
| Recurring financial charges | 65 | €0 | €205 | +€205 | +136,613% |
| Profit (loss) for the period before taxes | 9903 | €45,148 | €15,484 | -€29,664 | -65.7% |
| Income taxes | 67/77 | €9,176 | €4,522 | -€4,654 | -50.7% |
| Profit (loss) for the period | 9904 | €35,972 | €10,962 | -€25,010 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,972 | €10,962 | -€25,010 | -69.5% |
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 28 October 2026 via checked.be.