VIVLI: 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.
VIVLI
Largest movements
- Cash +€623,170
up €623,170 (+375.8%), from €165,835 to €789,005
mainly Contributions, distributions and other (+€480,700) and Net result for the year (+€188,988)
- Financial fixed assets -€454,500
down €454,500 (-99.7%), from €455,850 to €1,350
- Tangible fixed assets +€383,323
up €383,323 (+33.0%), from €1.2m to €1.5m
of which Land and buildings: +€404,340
- Receivables within one year +€34,295
up €34,295 (+150.8%), from €22,742 to €57,037
of which Other amounts receivable: +€38,753
- Reserves +€496,047
up €496,047 (+66.8%), from €742,374 to €1.2m
of which Distributable reserves: +€480,067
- Profit (loss) carried forward +€161,655
up €161,655 (+60.4%), from €267,859 to €429,513
- Debts after one year -€73,299
down €73,299 (-16.0%), from €457,364 to €384,064
of which Financial debts: -€73,299
- Current portion of long-term debt -€29,430
down €29,430 (-28.3%), from €104,100 to €74,670
- Financial income +€186,732
up €186,732 (+3916.2%), from €4,768 to €191,500
- Gross operating margin -€157,121
down €157,121 (-52.5%), from €299,051 to €141,929
- Depreciation +€30,417
up €30,417 (+52.4%), from €58,037 to €88,455
- Taxes -€29,772
down €29,772 (-59.6%), from €49,961 to €20,189
- Other operating charges +€3,959
up €3,959 (+35.6%), from €11,129 to €15,087
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 | €1,812,667 | €2,395,489 | +€582,822 | +32.2% |
| Fixed assets | 21/28 | €1,618,636 | €1,547,458 | -€71,177 | -4.4% |
| Tangible fixed assets | 22/27 | €1,162,786 | €1,546,108 | +€383,323 | +33.0% |
| Land and buildings | 22 | €1,101,436 | €1,505,777 | +€404,340 | +36.7% |
| Furniture and vehicles | 24 | €61,349 | €40,331 | -€21,018 | -34.3% |
| Financial fixed assets | 28 | €455,850 | €1,350 | -€454,500 | -99.7% |
| Current assets | 29/58 | €194,032 | €848,031 | +€653,999 | +337.1% |
| Amounts receivable within one year | 40/41 | €22,742 | €57,037 | +€34,295 | +150.8% |
| Trade receivables | 40 | €5,328 | €870 | -€4,458 | -83.7% |
| Other amounts receivable | 41 | €17,414 | €56,168 | +€38,753 | +222.5% |
| Cash at bank and in hand | 54/58 | €165,835 | €789,005 | +€623,170 | +375.8% |
| Deferred charges and accrued income | 490/1 | €5,454 | €1,988 | -€3,466 | -63.5% |
| Total equity and liabilities | 10/49 | €1,812,667 | €2,395,489 | +€582,822 | +32.2% |
| Equity | 10/15 | €1,060,232 | €1,729,920 | +€669,688 | +63.2% |
| Contributions | 10/11 | €50,000 | €61,986 | +€11,986 | +24.0% |
| Reserves | 13 | €742,374 | €1,238,421 | +€496,047 | +66.8% |
| Non-distributable reserves | 130/1 | €5,000 | €6,199 | +€1,199 | +24.0% |
| Reserves not available under the articles | 1311 | €5,000 | €6,199 | +€1,199 | +24.0% |
| Tax-exempt reserves | 132 | - | €14,781 | +€14,781 | |
| Distributable reserves | 133 | €737,374 | €1,217,441 | +€480,067 | +65.1% |
| Profit (loss) carried forward | 14 | €267,859 | €429,513 | +€161,655 | +60.4% |
| Amounts payable | 17/49 | €752,435 | €665,569 | -€86,866 | -11.5% |
| Amounts payable after more than one year | 17 | €457,364 | €384,064 | -€73,299 | -16.0% |
| Financial debts | 170/4 | €357,364 | €284,064 | -€73,299 | -20.5% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €287,051 | €273,558 | -€13,493 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €104,100 | €74,670 | -€29,430 | -28.3% |
| Trade debts | 44 | €9,241 | €28,345 | +€19,104 | +206.7% |
| Suppliers | 440/4 | €9,241 | €28,345 | +€19,104 | +206.7% |
| Taxes, remuneration and social security | 45 | €35,111 | €15,488 | -€19,623 | -55.9% |
| Taxes | 450/3 | €35,111 | €15,488 | -€19,623 | -55.9% |
| Other amounts payable | 47/48 | €138,599 | €155,055 | +€16,456 | +11.9% |
| Accrued charges and deferred income | 492/3 | €8,020 | €7,946 | -€74 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,037 | €88,455 | +€30,417 | +52.4% |
| Other operating charges | 640/8 | €11,129 | €15,087 | +€3,959 | +35.6% |
| Non-recurring operating charges | 66A | - | €8,967 | +€8,967 | |
| Gross operating margin | 9900 | €299,051 | €141,929 | -€157,121 | -52.5% |
| Operating profit (loss) | 9901 | €229,885 | €29,421 | -€200,464 | -87.2% |
| Financial income | 75/76B | €4,768 | €191,500 | +€186,732 | +3916.2% |
| Recurring financial income | 75 | €4,768 | €191,500 | +€186,732 | +3916.2% |
| Financial charges | 65/66B | €14,494 | €11,744 | -€2,750 | -19.0% |
| Recurring financial charges | 65 | €14,494 | €11,744 | -€2,750 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €220,159 | €209,177 | -€10,982 | -5.0% |
| Income taxes | 67/77 | €49,961 | €20,189 | -€29,772 | -59.6% |
| Profit (loss) for the period | 9904 | €170,198 | €188,988 | +€18,790 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €170,198 | €188,988 | +€18,790 | +11.0% |
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 1 October 2026 via checked.be.