VIVENSE: 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.
VIVENSE
Largest movements
- Receivables within one year +€663,752
up €663,752 (+64.9%), from €1.0m to €1.7m
of which Trade receivables: +€727,244
- Stocks and contracts +€417,635
up €417,635 (+164.1%), from €254,476 to €672,111
- Advances received +€640,297
up €640,297 (+59.8%), from €1.1m to €1.7m
- Trade debts +€349,429
up €349,429 (+148.5%), from €235,325 to €584,754
- Debts after one year +€54,138
new in 2025: €54,138
- Current portion of long-term debt +€42,467
new in 2025: €42,467
- Staff costs -€50,686
down €50,686 (-17.0%), from €298,783 to €248,097
- Gross operating margin -€44,364
down €44,364 (-13.0%), from €340,706 to €296,342
- Other operating charges +€10,496
up €10,496 (+4271.5%), from €246 to €10,741
- Taxes +€4,061
up €4,061 (+45.8%), from €8,866 to €12,927
- Financial charges +€3,437
up €3,437 (+1012.8%), from €339 to €3,776
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 | €1,436,944 | €2,545,277 | +€1.1m | +77.1% |
| Fixed assets | 21/28 | €103,502 | €116,572 | +€13,070 | +12.6% |
| Tangible fixed assets | 22/27 | €46,502 | €59,572 | +€13,070 | +28.1% |
| Plant, machinery and equipment | 23 | €4,502 | €3,353 | -€1,149 | -25.5% |
| Furniture and vehicles | 24 | €3,277 | €2,377 | -€900 | -27.5% |
| Leasing and similar rights | 25 | - | €19,529 | +€19,529 | |
| Other tangible fixed assets | 26 | €38,723 | €34,313 | -€4,410 | -11.4% |
| Financial fixed assets | 28 | €57,000 | €57,000 | = | 0.0% |
| Current assets | 29/58 | €1,333,443 | €2,428,705 | +€1.1m | +82.1% |
| Stocks and contracts in progress | 3 | €254,476 | €672,111 | +€417,635 | +164.1% |
| Stocks | 30/36 | €254,476 | €672,111 | +€417,635 | +164.1% |
| Amounts receivable within one year | 40/41 | €1,023,070 | €1,686,822 | +€663,752 | +64.9% |
| Trade receivables | 40 | €955,666 | €1,682,910 | +€727,244 | +76.1% |
| Other amounts receivable | 41 | €67,404 | €3,912 | -€63,492 | -94.2% |
| Cash at bank and in hand | 54/58 | €55,896 | €54,164 | -€1,733 | -3.1% |
| Deferred charges and accrued income | 490/1 | - | €15,608 | +€15,608 | |
| Total equity and liabilities | 10/49 | €1,436,944 | €2,545,277 | +€1.1m | +77.1% |
| Equity | 10/15 | €79,704 | €93,120 | +€13,416 | +16.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,704 | €89,120 | +€13,416 | +17.7% |
| Amounts payable | 17/49 | €1,357,240 | €2,452,158 | +€1.1m | +80.7% |
| Amounts payable after more than one year | 17 | - | €54,138 | +€54,138 | |
| Financial debts | 170/4 | - | €54,138 | +€54,138 | |
| Amounts payable within one year | 42/48 | €1,357,240 | €2,398,020 | +€1.0m | +76.7% |
| Current portion of amounts payable after more than one year | 42 | - | €42,467 | +€42,467 | |
| Trade debts | 44 | €235,325 | €584,754 | +€349,429 | +148.5% |
| Suppliers | 440/4 | €235,325 | €584,754 | +€349,429 | +148.5% |
| Advances received on contracts in progress | 46 | €1,070,369 | €1,710,666 | +€640,297 | +59.8% |
| Taxes, remuneration and social security | 45 | €51,546 | €60,132 | +€8,587 | +16.7% |
| Taxes | 450/3 | €11,609 | €16,388 | +€4,779 | +41.2% |
| Remuneration and social security | 454/9 | €39,937 | €43,745 | +€3,808 | +9.5% |
| Remuneration, social security and pensions | 62 | €298,783 | €248,097 | -€50,686 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,459 | €7,591 | +€1,132 | +17.5% |
| Other operating charges | 640/8 | €246 | €10,741 | +€10,496 | +4271.5% |
| Gross operating margin | 9900 | €340,706 | €296,342 | -€44,364 | -13.0% |
| Operating profit (loss) | 9901 | €35,219 | €29,913 | -€5,306 | -15.1% |
| Financial income | 75/76B | €2,325 | €206 | -€2,118 | -91.1% |
| Recurring financial income | 75 | €2,325 | €206 | -€2,118 | -91.1% |
| Financial charges | 65/66B | €339 | €3,776 | +€3,437 | +1012.8% |
| Recurring financial charges | 65 | €339 | €3,776 | +€3,437 | +1012.8% |
| Profit (loss) for the period before taxes | 9903 | €37,204 | €26,343 | -€10,861 | -29.2% |
| Income taxes | 67/77 | €8,866 | €12,927 | +€4,061 | +45.8% |
| Profit (loss) for the period | 9904 | €28,338 | €13,416 | -€14,922 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,338 | €13,416 | -€14,922 | -52.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.