Vivilog: 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.
Vivilog
Largest movements
- Cash -€354,442
down €354,442 (-99.6%), from €355,734 to €1,292
mainly Tax, wage and social debts (-€303,938) and Receivables within one year (-€299,187)
- Receivables within one year +€299,187
up €299,187 (+168%), from €177,597 to €476,784
of which Trade receivables: +€228,008
- Tangible fixed assets -€100,331
down €100,331 (-7.4%), from €1.4m to €1.3m
of which Land and buildings: -€58,828
- Tax, wage and social debts -€303,938
no longer reported in 2025 (was €303,938)
- Other debts +€185,000
new in 2025: €185,000
- Debts after one year -€90,045
down €90,045 (-16.1%), from €557,850 to €467,805
of which Financial debts: -€90,045
- Gross operating margin -€145,649
down €145,649 (-29.2%), from €498,500 to €352,851
- Taxes -€56,321
down €56,321 (-78.2%), from €71,977 to €15,655
- Financial charges +€35,989
up €35,989 (+30.1%), from €119,467 to €155,456
of which Non-recurring financial charges: +€47,990
- Depreciation +€20,383
up €20,383 (+24.7%), from €82,418 to €102,801
- Financial income -€5,802
down €5,802 (-72.9%), from €7,958 to €2,156
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 | €1,982,230 | €1,810,530 | -€171,700 | -8.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,362,725 | €1,262,394 | -€100,331 | -7.4% |
| Tangible fixed assets | 22/27 | €1,362,725 | €1,262,394 | -€100,331 | -7.4% |
| Land and buildings | 22 | €464,964 | €406,136 | -€58,828 | -12.7% |
| Other tangible fixed assets | 26 | €897,760 | €856,257 | -€41,503 | -4.6% |
| Current assets | 29/58 | €619,505 | €548,137 | -€71,368 | -11.5% |
| Amounts receivable within one year | 40/41 | €177,597 | €476,784 | +€299,187 | +168% |
| Trade receivables | 40 | €177,597 | €405,605 | +€228,008 | +128% |
| Other amounts receivable | 41 | - | €71,178 | +€71,178 | |
| Cash at bank and in hand | 54/58 | €355,734 | €1,292 | -€354,442 | -99.6% |
| Deferred charges and accrued income | 490/1 | €86,174 | €70,061 | -€16,113 | -18.7% |
| Total equity and liabilities | 10/49 | €1,982,230 | €1,810,530 | -€171,700 | -8.7% |
| Equity | 10/15 | €937,241 | €947,972 | +€10,731 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €624,299 | €635,030 | +€10,731 | +1.7% |
| Distributable reserves | 133 | €624,299 | €635,030 | +€10,731 | +1.7% |
| Profit (loss) carried forward | 14 | €306,743 | €306,743 | = | 0.0% |
| Amounts payable | 17/49 | €1,044,989 | €862,558 | -€182,431 | -17.5% |
| Amounts payable after more than one year | 17 | €557,850 | €467,805 | -€90,045 | -16.1% |
| Financial debts | 170/4 | €525,450 | €435,405 | -€90,045 | -17.1% |
| Other amounts payable | 178/9 | €32,400 | €32,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €413,427 | €312,889 | -€100,538 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €85,776 | €90,045 | +€4,269 | +5.0% |
| Trade debts | 44 | €23,713 | €37,844 | +€14,131 | +59.6% |
| Suppliers | 440/4 | €23,713 | €37,844 | +€14,131 | +59.6% |
| Taxes, remuneration and social security | 45 | €303,938 | - | -€303,938 | |
| Taxes | 450/3 | €303,938 | - | -€303,938 | |
| Other amounts payable | 47/48 | - | €185,000 | +€185,000 | |
| Accrued charges and deferred income | 492/3 | €73,712 | €81,864 | +€8,152 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,418 | €102,801 | +€20,383 | +24.7% |
| Other operating charges | 640/8 | €68,222 | €70,363 | +€2,141 | +3.1% |
| Gross operating margin | 9900 | €498,500 | €352,851 | -€145,649 | -29.2% |
| Operating profit (loss) | 9901 | €347,860 | €179,687 | -€168,173 | -48.3% |
| Financial income | 75/76B | €7,958 | €2,156 | -€5,802 | -72.9% |
| Recurring financial income | 75 | €7,958 | €2,156 | -€5,802 | -72.9% |
| Financial charges | 65/66B | €119,467 | €155,456 | +€35,989 | +30.1% |
| Recurring financial charges | 65 | €119,467 | €107,466 | -€12,001 | -10.0% |
| Non-recurring financial charges | 66B | - | €47,990 | +€47,990 | |
| Profit (loss) for the period before taxes | 9903 | €236,351 | €26,386 | -€209,965 | -88.8% |
| Income taxes | 67/77 | €71,977 | €15,655 | -€56,321 | -78.2% |
| Profit (loss) for the period | 9904 | €164,374 | €10,731 | -€153,643 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €164,374 | €10,731 | -€153,643 | -93.5% |
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 16 October 2026 via checked.be.