VIVORIA: 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.
VIVORIA
Largest movements
- Cash +€8,732
up €8,732 (+12.7%), from €68,884 to €77,616
mainly Tax, wage and social debts (+€10,235) and Net result for the year (+€8,031)
- Receivables within one year -€4,908
down €4,908 (-40.1%), from €12,241 to €7,333
of which Trade receivables: -€4,915
- Tangible fixed assets -€3,312
down €3,312 (-4.3%), from €76,513 to €73,201
of which Land and buildings: -€2,852
- Debts after one year -€14,000
no longer reported in 2025 (was €14,000)
- Tax, wage and social debts +€10,235
up €10,235 (+520%), from €1,968 to €12,204
of which Remuneration and social security: +€10,984
- Profit (loss) carried forward +€8,031
up €8,031 (+285%), from €2,820 to €10,851
- Trade debts -€7,113
down €7,113 (-92.3%), from €7,705 to €593
- Other debts +€3,358
up €3,358 (+77.7%), from €4,323 to €7,681
- Gross operating margin -€11,634
down €11,634 (-46.7%), from €24,928 to €13,294
- Depreciation -€4,776
down €4,776 (-59.0%), from €8,088 to €3,312
- Other operating charges +€1,372
up €1,372 (+237%), from €579 to €1,951
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 | €158,379 | €158,890 | +€512 | +0.3% |
| Fixed assets | 21/28 | €76,763 | €73,451 | -€3,312 | -4.3% |
| Tangible fixed assets | 22/27 | €76,513 | €73,201 | -€3,312 | -4.3% |
| Land and buildings | 22 | €76,053 | €73,201 | -€2,852 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €461 | €0 | -€461 | -100% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €81,616 | €85,440 | +€3,824 | +4.7% |
| Amounts receivable within one year | 40/41 | €12,241 | €7,333 | -€4,908 | -40.1% |
| Trade receivables | 40 | €12,241 | €7,326 | -€4,915 | -40.2% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €68,884 | €77,616 | +€8,732 | +12.7% |
| Deferred charges and accrued income | 490/1 | €491 | €491 | = | 0.0% |
| Total equity and liabilities | 10/49 | €158,379 | €158,890 | +€512 | +0.3% |
| Equity | 10/15 | €130,382 | €138,413 | +€8,031 | +6.2% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €105,562 | €105,562 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,562 | €105,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,820 | €10,851 | +€8,031 | +285% |
| Amounts payable | 17/49 | €27,997 | €20,477 | -€7,519 | -26.9% |
| Amounts payable after more than one year | 17 | €14,000 | - | -€14,000 | |
| Financial debts | 170/4 | €14,000 | - | -€14,000 | |
| Amounts payable within one year | 42/48 | €13,997 | €20,477 | +€6,481 | +46.3% |
| Trade debts | 44 | €7,705 | €593 | -€7,113 | -92.3% |
| Suppliers | 440/4 | €7,705 | €593 | -€7,113 | -92.3% |
| Taxes, remuneration and social security | 45 | €1,968 | €12,204 | +€10,235 | +520% |
| Taxes | 450/3 | €1,878 | €1,129 | -€749 | -39.9% |
| Remuneration and social security | 454/9 | €90 | €11,075 | +€10,984 | +12,187% |
| Other amounts payable | 47/48 | €4,323 | €7,681 | +€3,358 | +77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,088 | €3,312 | -€4,776 | -59.0% |
| Other operating charges | 640/8 | €579 | €1,951 | +€1,372 | +237% |
| Gross operating margin | 9900 | €24,928 | €13,294 | -€11,634 | -46.7% |
| Operating profit (loss) | 9901 | €16,261 | €8,031 | -€8,230 | -50.6% |
| Financial charges | 65/66B | €45 | - | -€45 | |
| Recurring financial charges | 65 | €45 | - | -€45 | |
| Profit (loss) for the period before taxes | 9903 | €16,216 | €8,031 | -€8,185 | -50.5% |
| Profit (loss) for the period | 9904 | €16,216 | €8,031 | -€8,185 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,216 | €8,031 | -€8,185 | -50.5% |
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 20 October 2026 via checked.be.