VivoVet: what changed
What changed
VivoVet
NACE 75.000, Veterinary services
filed annual accounts (NBB)
Net result for the year
€34,305
2024 · €40,652-€6,348
Equity
€116,511
2024 · €83,065+€33,446
Cash
€122,547
2024 · €96,762+€25,785
Balance sheet total
€735,353
2024 · €728,605+€6,747
Largest movements
Assets
- Cash +€25,785
up €25,785 (+26.6%), from €96,762 to €122,547
mainly Net result for the year (+€34,305) and Depreciation (+€22,823)
- Tangible fixed assets -€19,738
down €19,738 (-3.2%), from €618,837 to €599,099
of which Land and buildings: -€15,333
Equity and liabilities
- Reserves +€33,446
up €33,446 (+57.6%), from €58,065 to €91,511
- Debts after one year -€30,611
down €30,611 (-5.8%), from €532,097 to €501,486
Income statement
- Financial charges +€4,626
up €4,626 (+39.2%), from €11,806 to €16,432
- Taxes -€1,449
down €1,449 (-13.7%), from €10,608 to €9,159
- Depreciation +€1,404
up €1,404 (+6.6%), from €21,419 to €22,823
- Financial income -€1,221
down €1,221 (-100.0%), from €1,221 to €0
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
€40,652
Gross operating margin
-€273
Depreciation
-€1,404
Other operating charges
-€273
Financial income
-€1,221
Financial charges
-€4,626
Taxes
+€1,449
Result 2025
€34,305
raises the resultlowers the result
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
+€59,718
Investment
-€3,085
Financing
-€30,848
Cash 2024
€96,762
From operations (derived)
+€59,718
Net result for the year
+€34,305
Depreciation
+€22,823
Stocks and contracts
+€1,650
Receivables within one year
-€2,350
Trade debts
+€689
Tax, wage and social debts
-€1,523
Other debts
+€4,131
Accrued charges and deferred income
-€6
Investment (derived)
-€3,085
Investment in fixed assets (net)
-€3,085
Financing
-€30,848
Debts after one year
-€30,611
Current portion of long-term debt
+€622
Contributions, distributions and other
-€859
Cash 2025
€122,547
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €728,605 | €735,353 | +€6,747 | +0.9% |
| Fixed assets | 21/28 | €618,837 | €599,099 | -€19,738 | -3.2% |
| Tangible fixed assets | 22/27 | €618,837 | €599,099 | -€19,738 | -3.2% |
| Land and buildings | 22 | €577,730 | €562,396 | -€15,333 | -2.7% |
| Plant, machinery and equipment | 23 | €33,549 | €30,906 | -€2,643 | -7.9% |
| Furniture and vehicles | 24 | €7,558 | €5,796 | -€1,762 | -23.3% |
| Current assets | 29/58 | €109,769 | €136,254 | +€26,485 | +24.1% |
| Stocks and contracts in progress | 3 | €13,007 | €11,357 | -€1,650 | -12.7% |
| Stocks | 30/36 | €13,007 | €11,357 | -€1,650 | -12.7% |
| Amounts receivable within one year | 40/41 | €0 | €2,350 | +€2,350 | |
| Trade receivables | 40 | - | €1,509 | +€1,509 | |
| Other amounts receivable | 41 | €0 | €841 | +€841 | |
| Cash at bank and in hand | 54/58 | €96,762 | €122,547 | +€25,785 | +26.6% |
| Total equity and liabilities | 10/49 | €728,605 | €735,353 | +€6,747 | +0.9% |
| Equity | 10/15 | €83,065 | €116,511 | +€33,446 | +40.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €58,065 | €91,511 | +€33,446 | +57.6% |
| Distributable reserves | 133 | €58,065 | €91,511 | +€33,446 | +57.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €645,540 | €618,842 | -€26,698 | -4.1% |
| Amounts payable after more than one year | 17 | €532,097 | €501,486 | -€30,611 | -5.8% |
| Financial debts | 170/4 | €532,097 | €501,486 | -€30,611 | -5.8% |
| Amounts payable within one year | 42/48 | €112,564 | €116,483 | +€3,920 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €32,112 | €32,734 | +€622 | +1.9% |
| Trade debts | 44 | €56 | €745 | +€689 | +1,227% |
| Suppliers | 440/4 | €56 | €745 | +€689 | +1,227% |
| Taxes, remuneration and social security | 45 | €7,787 | €6,264 | -€1,523 | -19.6% |
| Taxes | 450/3 | €7,787 | €6,264 | -€1,523 | -19.6% |
| Other amounts payable | 47/48 | €72,609 | €76,740 | +€4,131 | +5.7% |
| Accrued charges and deferred income | 492/3 | €879 | €873 | -€6 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,419 | €22,823 | +€1,404 | +6.6% |
| Other operating charges | 640/8 | €1,945 | €2,218 | +€273 | +14.1% |
| Gross operating margin | 9900 | €85,210 | €84,937 | -€273 | -0.3% |
| Operating profit (loss) | 9901 | €61,846 | €59,896 | -€1,950 | -3.2% |
| Financial income | 75/76B | €1,221 | €0 | -€1,221 | -100.0% |
| Recurring financial income | 75 | €1,221 | €0 | -€1,221 | -100.0% |
| Financial charges | 65/66B | €11,806 | €16,432 | +€4,626 | +39.2% |
| Recurring financial charges | 65 | €11,806 | €16,432 | +€4,626 | +39.2% |
| Profit (loss) for the period before taxes | 9903 | €51,260 | €43,464 | -€7,796 | -15.2% |
| Income taxes | 67/77 | €10,608 | €9,159 | -€1,449 | -13.7% |
| Profit (loss) for the period | 9904 | €40,652 | €34,305 | -€6,348 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,652 | €34,305 | -€6,348 | -15.6% |
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 4 November 2026 via checked.be.