VIVENS: 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.
VIVENS
Largest movements
- Stocks and contracts +€384,660
up €384,660 (+42.9%), from €896,948 to €1.3m
- Cash -€117,742
down €117,742 (-96.0%), from €122,657 to €4,915
mainly Stocks and contracts (-€384,660) and Tax, wage and social debts (-€46,121)
- Deferred charges and accrued income +€42,589
up €42,589 (+26105.7%), from €163 to €42,752
- Debts after one year +€355,186
up €355,186 (+38.7%), from €917,892 to €1.3m
- Tax, wage and social debts -€46,121
down €46,121 (-100.0%), from €46,121 to €0
- Trade debts +€42,321
up €42,321 (+388.0%), from €10,908 to €53,230
- Profit (loss) carried forward -€42,054
down €42,054 (-38.0%), from €110,705 to €68,651
- Gross operating margin -€13,804
down €13,804 (-154.5%), from -€8,934 to -€22,738
- Other operating charges +€1,839
up €1,839 (+74.3%), from €2,476 to €4,315
- Financial charges +€676
up €676 (+4.7%), from €14,325 to €15,001
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 | €1,339,768 | €1,649,275 | +€309,506 | +23.1% |
| Current assets | 29/58 | €1,339,768 | €1,649,275 | +€309,506 | +23.1% |
| Stocks and contracts in progress | 3 | €896,948 | €1,281,608 | +€384,660 | +42.9% |
| Stocks | 30/36 | €896,948 | €1,281,608 | +€384,660 | +42.9% |
| Amounts receivable within one year | 40/41 | €320,000 | €320,000 | = | 0.0% |
| Other amounts receivable | 41 | €320,000 | €320,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €122,657 | €4,915 | -€117,742 | -96.0% |
| Deferred charges and accrued income | 490/1 | €163 | €42,752 | +€42,589 | +26105.7% |
| Total equity and liabilities | 10/49 | €1,339,768 | €1,649,275 | +€309,506 | +23.1% |
| Equity | 10/15 | €360,705 | €318,651 | -€42,054 | -11.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,705 | €68,651 | -€42,054 | -38.0% |
| Amounts payable | 17/49 | €979,063 | €1,330,623 | +€351,560 | +35.9% |
| Amounts payable after more than one year | 17 | €917,892 | €1,273,078 | +€355,186 | +38.7% |
| Financial debts | 170/4 | €917,892 | €1,273,078 | +€355,186 | +38.7% |
| Amounts payable within one year | 42/48 | €61,171 | €57,545 | -€3,626 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €4,125 | €4,299 | +€174 | +4.2% |
| Trade debts | 44 | €10,908 | €53,230 | +€42,321 | +388.0% |
| Suppliers | 440/4 | €10,908 | €53,230 | +€42,321 | +388.0% |
| Taxes, remuneration and social security | 45 | €46,121 | €0 | -€46,121 | -100.0% |
| Taxes | 450/3 | €46,121 | €0 | -€46,121 | -100.0% |
| Other amounts payable | 47/48 | €17 | €17 | = | 0.0% |
| Other operating charges | 640/8 | €2,476 | €4,315 | +€1,839 | +74.3% |
| Gross operating margin | 9900 | -€8,934 | -€22,738 | -€13,804 | -154.5% |
| Operating profit (loss) | 9901 | -€11,410 | -€27,054 | -€15,644 | -137.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €14,325 | €15,001 | +€676 | +4.7% |
| Recurring financial charges | 65 | €14,325 | €15,001 | +€676 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,735 | -€42,054 | -€16,319 | -63.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€25,735 | -€42,054 | -€16,319 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,735 | -€42,054 | -€16,319 | -63.4% |
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 8 October 2026 via checked.be.