VIVEKA: 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.
VIVEKA
Largest movements
- Receivables within one year +€8,512
up €8,512 (+24.6%), from €34,631 to €43,143
- Cash +€5,216
up €5,216 (+262.7%), from €1,986 to €7,202
mainly Net result for the year (+€10,691) and Tax, wage and social debts (+€1,614)
- Reserves +€10,500
up €10,500 (+31.3%), from €33,600 to €44,100
- Tax, wage and social debts +€1,614
up €1,614 (+56.6%), from €2,853 to €4,467
- Current portion of long-term debt +€634
new in 2025: €634
- Gross operating margin +€4,708
up €4,708 (+42.9%), from €10,971 to €15,679
- Taxes +€1,261
up €1,261 (+44.2%), from €2,853 to €4,114
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 | €38,462 | €51,860 | +€13,398 | +34.8% |
| Formation expenses | 20 | €652 | €362 | -€290 | -44.5% |
| Current assets | 29/58 | €37,811 | €51,499 | +€13,688 | +36.2% |
| Stocks and contracts in progress | 3 | €1,194 | €1,154 | -€40 | -3.4% |
| Stocks | 30/36 | €1,194 | €1,154 | -€40 | -3.4% |
| Amounts receivable within one year | 40/41 | €34,631 | €43,143 | +€8,512 | +24.6% |
| Other amounts receivable | 41 | €34,631 | €43,143 | +€8,512 | +24.6% |
| Cash at bank and in hand | 54/58 | €1,986 | €7,202 | +€5,216 | +262.7% |
| Total equity and liabilities | 10/49 | €38,462 | €51,860 | +€13,398 | +34.8% |
| Equity | 10/15 | €35,609 | €46,300 | +€10,691 | +30.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €33,600 | €44,100 | +€10,500 | +31.3% |
| Distributable reserves | 133 | €33,600 | €44,100 | +€10,500 | +31.3% |
| Profit (loss) carried forward | 14 | €509 | €700 | +€191 | +37.5% |
| Amounts payable | 17/49 | €2,853 | €5,560 | +€2,707 | +94.9% |
| Amounts payable within one year | 42/48 | €2,853 | €5,560 | +€2,707 | +94.9% |
| Current portion of amounts payable after more than one year | 42 | - | €634 | +€634 | |
| Trade debts | 44 | - | €458 | +€458 | |
| Suppliers | 440/4 | - | €458 | +€458 | |
| Taxes, remuneration and social security | 45 | €2,853 | €4,467 | +€1,614 | +56.6% |
| Taxes | 450/3 | €2,853 | €4,467 | +€1,614 | +56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €290 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €10,971 | €15,679 | +€4,708 | +42.9% |
| Operating profit (loss) | 9901 | €10,294 | €14,990 | +€4,696 | +45.6% |
| Financial charges | 65/66B | €134 | €184 | +€50 | +37.3% |
| Recurring financial charges | 65 | €134 | €184 | +€50 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €10,160 | €14,805 | +€4,646 | +45.7% |
| Income taxes | 67/77 | €2,853 | €4,114 | +€1,261 | +44.2% |
| Profit (loss) for the period | 9904 | €7,307 | €10,691 | +€3,384 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,307 | €10,691 | +€3,384 | +46.3% |
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.