VIVO Concept: what changed
What changed
VIVO Concept
NACE 16.230, Manufacture of other builders' carpentry and joinery
filed annual accounts (NBB)
Net result for the year
€46,578
2024 · €76,295-€29,718
Equity
€402,879
2024 · €356,301+€46,578
Cash
€92,054
2024 · €95,310-€3,256
Balance sheet total
€666,861
2024 · €586,440+€80,422
Largest movements
Assets
- Deferred charges and accrued income +€27,912
up €27,912 (+133%), from €21,063 to €48,976
- Tangible fixed assets +€26,202
up €26,202 (+15.4%), from €170,002 to €196,204
of which Plant, machinery and equipment: +€48,833
- Receivables within one year +€18,090
up €18,090 (+9.1%), from €198,029 to €216,119
of which Other amounts receivable: +€46,312
- Intangible fixed assets +€7,033
up €7,033 (+50.8%), from €13,850 to €20,884
Equity and liabilities
- Debts after one year +€51,786
up €51,786 (+64.1%), from €80,783 to €132,569
- Reserves +€46,578
up €46,578 (+13.3%), from €349,301 to €395,879
of which Distributable reserves: +€46,578
- Other debts -€42,225
down €42,225 (-100%), from €42,225 to €0
- Trade debts +€18,583
up €18,583 (+34.0%), from €54,658 to €73,240
- Current portion of long-term debt +€11,698
up €11,698 (+44.5%), from €26,280 to €37,978
Income statement
- Gross operating margin -€33,737
down €33,737 (-8.2%), from €410,269 to €376,532
- Taxes -€9,677
down €9,677 (-29.8%), from €32,502 to €22,825
- Depreciation +€7,069
up €7,069 (+12.6%), from €56,310 to €63,379
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€76,295
Gross operating margin
-€33,737
Staff costs
+€3,119
Depreciation
-€7,069
Other operating charges
-€106
Other operating items
+€670
Financial income
+€1,019
Financial charges
-€3,290
Taxes
+€9,677
Result 2025
€46,578
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,875
Investment
-€96,615
Financing
+€63,484
Cash 2024
€95,310
From operations (derived)
+€29,875
Net result for the year
+€46,578
Depreciation
+€63,379
Stocks and contracts
-€4,440
Receivables within one year
-€18,090
Deferred charges and accrued income
-€27,912
Trade debts
+€18,583
Tax, wage and social debts
-€5,730
Advances received
-€268
Other debts
-€42,225
Investment (derived)
-€96,615
Investment in fixed assets (net)
-€96,615
Financing
+€63,484
Debts after one year
+€51,786
Current portion of long-term debt
+€11,698
Cash 2025
€92,054
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €586,440 | €666,861 | +€80,422 | +13.7% |
| Fixed assets | 21/28 | €194,037 | €227,273 | +€33,236 | +17.1% |
| Intangible fixed assets | 21 | €13,850 | €20,884 | +€7,033 | +50.8% |
| Tangible fixed assets | 22/27 | €170,002 | €196,204 | +€26,202 | +15.4% |
| Plant, machinery and equipment | 23 | €59,686 | €108,519 | +€48,833 | +81.8% |
| Furniture and vehicles | 24 | €21,391 | €16,761 | -€4,631 | -21.6% |
| Leasing and similar rights | 25 | €26,134 | €17,332 | -€8,802 | -33.7% |
| Other tangible fixed assets | 26 | €62,791 | €53,593 | -€9,198 | -14.6% |
| Financial fixed assets | 28 | €10,185 | €10,185 | = | 0.0% |
| Current assets | 29/58 | €392,402 | €439,588 | +€47,186 | +12.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €78,000 | €82,440 | +€4,440 | +5.7% |
| Stocks | 30/36 | €11,000 | €19,790 | +€8,790 | +79.9% |
| Contracts in progress | 37 | €67,000 | €62,650 | -€4,350 | -6.5% |
| Amounts receivable within one year | 40/41 | €198,029 | €216,119 | +€18,090 | +9.1% |
| Trade receivables | 40 | €196,724 | €168,502 | -€28,222 | -14.3% |
| Other amounts receivable | 41 | €1,305 | €47,617 | +€46,312 | +3,549% |
| Cash at bank and in hand | 54/58 | €95,310 | €92,054 | -€3,256 | -3.4% |
| Deferred charges and accrued income | 490/1 | €21,063 | €48,976 | +€27,912 | +133% |
| Total equity and liabilities | 10/49 | €586,440 | €666,861 | +€80,422 | +13.7% |
| Equity | 10/15 | €356,301 | €402,879 | +€46,578 | +13.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €349,301 | €395,879 | +€46,578 | +13.3% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €347,201 | €393,779 | +€46,578 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €230,138 | €263,982 | +€33,844 | +14.7% |
| Amounts payable after more than one year | 17 | €80,783 | €132,569 | +€51,786 | +64.1% |
| Financial debts | 170/4 | €80,783 | €132,569 | +€51,786 | +64.1% |
| Amounts payable within one year | 42/48 | €149,356 | €131,413 | -€17,943 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €26,280 | €37,978 | +€11,698 | +44.5% |
| Trade debts | 44 | €54,658 | €73,240 | +€18,583 | +34.0% |
| Suppliers | 440/4 | €54,658 | €73,240 | +€18,583 | +34.0% |
| Advances received on contracts in progress | 46 | €268 | €0 | -€268 | -100% |
| Taxes, remuneration and social security | 45 | €25,924 | €20,195 | -€5,730 | -22.1% |
| Taxes | 450/3 | €16,146 | €11,438 | -€4,709 | -29.2% |
| Remuneration and social security | 454/9 | €9,778 | €8,757 | -€1,021 | -10.4% |
| Other amounts payable | 47/48 | €42,225 | €0 | -€42,225 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €228,920 | €225,802 | -€3,119 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,310 | €63,379 | +€7,069 | +12.6% |
| Other operating charges | 640/8 | €2,873 | €2,978 | +€106 | +3.7% |
| Non-recurring operating charges | 66A | €670 | €0 | -€670 | -100% |
| Gross operating margin | 9900 | €410,269 | €376,532 | -€33,737 | -8.2% |
| Operating profit (loss) | 9901 | €121,496 | €84,373 | -€37,123 | -30.6% |
| Financial income | 75/76B | €488 | €1,506 | +€1,019 | +209% |
| Recurring financial income | 75 | €488 | €1,506 | +€1,019 | +209% |
| Financial charges | 65/66B | €13,187 | €16,476 | +€3,290 | +24.9% |
| Recurring financial charges | 65 | €13,187 | €16,476 | +€3,290 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €108,797 | €69,403 | -€39,394 | -36.2% |
| Income taxes | 67/77 | €32,502 | €22,825 | -€9,677 | -29.8% |
| Profit (loss) for the period | 9904 | €76,295 | €46,578 | -€29,718 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,295 | €46,578 | -€29,718 | -39.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.