VIVITAS: 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.
VIVITAS
Largest movements
- Receivables after one year +€753,646
up €753,646 (+82.8%), from €909,870 to €1.7m
- Receivables within one year -€455,443
down €455,443 (-99.9%), from €455,677 to €234
of which Trade receivables: -€423,246
- Reserves +€217,231
up €217,231 (+11.9%), from €1.8m to €2.0m
of which Distributable reserves: +€217,231
- Tax, wage and social debts +€75,193
up €75,193 (+239%), from €31,495 to €106,688
of which Taxes: +€76,193
- Gross operating margin +€24,670
up €24,670 (+8.2%), from €300,283 to €324,953
- Taxes +€9,603
up €9,603 (+10.2%), from €94,134 to €103,737
- Financial income -€7,540
down €7,540 (-75.1%), from €10,037 to €2,497
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 | €3,577,092 | €3,876,992 | +€299,901 | +8.4% |
| Fixed assets | 21/28 | €2,208,228 | €2,207,428 | -€800 | 0.0% |
| Tangible fixed assets | 22/27 | €1,188 | €388 | -€800 | -67.3% |
| Furniture and vehicles | 24 | €1,188 | €388 | -€800 | -67.3% |
| Financial fixed assets | 28 | €2,207,040 | €2,207,040 | = | 0.0% |
| Current assets | 29/58 | €1,368,864 | €1,669,565 | +€300,701 | +22.0% |
| Amounts receivable after more than one year | 29 | €909,870 | €1,663,516 | +€753,646 | +82.8% |
| Other amounts receivable | 291 | €909,870 | €1,663,516 | +€753,646 | +82.8% |
| Amounts receivable within one year | 40/41 | €455,677 | €234 | -€455,443 | -99.9% |
| Trade receivables | 40 | €423,246 | €0 | -€423,246 | -100% |
| Other amounts receivable | 41 | €32,431 | €234 | -€32,197 | -99.3% |
| Current investments | 50/53 | €12 | - | -€12 | |
| Cash at bank and in hand | 54/58 | €3,305 | €5,815 | +€2,510 | +75.9% |
| Total equity and liabilities | 10/49 | €3,577,092 | €3,876,992 | +€299,901 | +8.4% |
| Equity | 10/15 | €3,509,948 | €3,727,179 | +€217,231 | +6.2% |
| Contributions | 10/11 | €1,678,000 | €1,678,000 | = | 0.0% |
| Reserves | 13 | €1,831,948 | €2,049,179 | +€217,231 | +11.9% |
| Tax-exempt reserves | 132 | €470,100 | €470,100 | = | 0.0% |
| Distributable reserves | 133 | €1,361,848 | €1,579,079 | +€217,231 | +16.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €67,144 | €149,814 | +€82,670 | +123% |
| Amounts payable after more than one year | 17 | €29,731 | €38,515 | +€8,784 | +29.5% |
| Other amounts payable | 178/9 | €29,731 | €38,515 | +€8,784 | +29.5% |
| Amounts payable within one year | 42/48 | €35,432 | €108,820 | +€73,388 | +207% |
| Trade debts | 44 | €1,937 | €132 | -€1,805 | -93.2% |
| Suppliers | 440/4 | €1,937 | €132 | -€1,805 | -93.2% |
| Taxes, remuneration and social security | 45 | €31,495 | €106,688 | +€75,193 | +239% |
| Taxes | 450/3 | €28,549 | €104,742 | +€76,193 | +267% |
| Remuneration and social security | 454/9 | €2,946 | €1,946 | -€1,000 | -33.9% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,980 | €2,479 | +€498 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €800 | +€0 | 0.0% |
| Other operating charges | 640/8 | €209 | €1,189 | +€980 | +469% |
| Gross operating margin | 9900 | €300,283 | €324,953 | +€24,670 | +8.2% |
| Operating profit (loss) | 9901 | €299,274 | €322,964 | +€23,690 | +7.9% |
| Financial income | 75/76B | €10,037 | €2,497 | -€7,540 | -75.1% |
| Recurring financial income | 75 | €10,037 | €2,497 | -€7,540 | -75.1% |
| Financial charges | 65/66B | €2,025 | €2,494 | +€469 | +23.2% |
| Recurring financial charges | 65 | €2,025 | €2,494 | +€469 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €307,286 | €322,967 | +€15,681 | +5.1% |
| Income taxes | 67/77 | €94,134 | €103,737 | +€9,603 | +10.2% |
| Profit (loss) for the period | 9904 | €213,152 | €219,231 | +€6,078 | +2.9% |
| Transfer from tax-exempt reserves | 789 | €160,200 | €0 | -€160,200 | -100% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €0 | -€126,300 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €247,052 | €219,231 | -€27,822 | -11.3% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.