VIVIANE: 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.
VIVIANE
Largest movements
- Stocks and contracts +€384,459
new in 2025: €384,459
- Cash -€10,252
down €10,252 (-16.2%), from €63,111 to €52,859
mainly Stocks and contracts (-€384,459) and Investment in fixed assets (net) (-€4,049)
- Trade debts +€199,302
up €199,302 (+3193.4%), from €6,241 to €205,543
- Other debts +€155,000
up €155,000 (+1474.8%), from €10,510 to €165,510
- Profit (loss) carried forward +€14,490
up €14,490, from -€12,304 to €2,186
- Tax, wage and social debts +€11,584
up €11,584 (+160.9%), from €7,201 to €18,785
- Gross operating margin +€29,237
up €29,237, from -€5,989 to €23,248
- Taxes +€5,127
new in 2025: €5,127
- Financial charges +€1,688
up €1,688 (+176.2%), from €958 to €2,646
- Depreciation +€254
up €254 (+119.7%), from €212 to €465
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 | €64,330 | €444,705 | +€380,375 | +591.3% |
| Fixed assets | 21/28 | €1,206 | €4,789 | +€3,584 | +297.3% |
| Tangible fixed assets | 22/27 | €16 | €3,599 | +€3,584 | +22883.9% |
| Plant, machinery and equipment | 23 | - | €2,193 | +€2,193 | |
| Furniture and vehicles | 24 | €16 | €1,406 | +€1,390 | +8879.1% |
| Financial fixed assets | 28 | €1,190 | €1,190 | = | 0.0% |
| Current assets | 29/58 | €63,124 | €439,916 | +€376,792 | +596.9% |
| Stocks and contracts in progress | 3 | - | €384,459 | +€384,459 | |
| Stocks | 30/36 | - | €384,459 | +€384,459 | |
| Amounts receivable within one year | 40/41 | €13 | €2,598 | +€2,584 | +19328.3% |
| Other amounts receivable | 41 | €13 | €2,598 | +€2,584 | +19328.3% |
| Cash at bank and in hand | 54/58 | €63,111 | €52,859 | -€10,252 | -16.2% |
| Total equity and liabilities | 10/49 | €64,330 | €444,705 | +€380,375 | +591.3% |
| Equity | 10/15 | €40,378 | €54,868 | +€14,490 | +35.9% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €3,103 | €3,103 | = | 0.0% |
| Distributable reserves | 133 | €3,103 | €3,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,304 | €2,186 | +€14,490 | |
| Amounts payable | 17/49 | €23,952 | €389,838 | +€365,886 | +1527.6% |
| Amounts payable within one year | 42/48 | €23,952 | €389,838 | +€365,886 | +1527.6% |
| Trade debts | 44 | €6,241 | €205,543 | +€199,302 | +3193.4% |
| Suppliers | 440/4 | €6,241 | €205,543 | +€199,302 | +3193.4% |
| Taxes, remuneration and social security | 45 | €7,201 | €18,785 | +€11,584 | +160.9% |
| Taxes | 450/3 | €7,201 | €18,785 | +€11,584 | +160.9% |
| Other amounts payable | 47/48 | €10,510 | €165,510 | +€155,000 | +1474.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | €465 | +€254 | +119.7% |
| Other operating charges | 640/8 | €555 | €520 | -€36 | -6.4% |
| Gross operating margin | 9900 | -€5,989 | €23,248 | +€29,237 | |
| Operating profit (loss) | 9901 | -€6,756 | €22,263 | +€29,019 | |
| Financial income | 75/76B | €112 | €0 | -€112 | -99.9% |
| Recurring financial income | 75 | €112 | €0 | -€112 | -99.9% |
| Financial charges | 65/66B | €958 | €2,646 | +€1,688 | +176.2% |
| Recurring financial charges | 65 | €958 | €2,646 | +€1,688 | +176.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,602 | €19,617 | +€27,219 | |
| Income taxes | 67/77 | - | €5,127 | +€5,127 | |
| Profit (loss) for the period | 9904 | -€7,602 | €14,490 | +€22,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,602 | €14,490 | +€22,091 |
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 11 October 2026 via checked.be.