VIVRE: 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.
VIVRE
Largest movements
- Receivables within one year +€24,334
up €24,334 (+10.3%), from €235,609 to €259,943
of which Other amounts receivable: +€21,461
- Cash +€24,295
up €24,295 (+48.8%), from €49,802 to €74,097
mainly Net result for the year (+€50,648) and Short-term financial debts (+€12,527)
- Deferred charges and accrued income +€11,684
new in 2025: €11,684
- Tangible fixed assets +€5,793
up €5,793 (+33.9%), from €17,078 to €22,872
of which Land and buildings: +€4,255
- Reserves +€50,648
up €50,648 (+23.5%), from €215,391 to €266,039
of which Distributable reserves: +€50,648
- Short-term financial debts +€12,527
new in 2025: €12,527
- Current portion of long-term debt -€7,681
no longer reported in 2025 (was €7,681)
- Tax, wage and social debts +€6,330
up €6,330 (+22.4%), from €28,283 to €34,613
of which Taxes: +€5,978
- Gross operating margin +€27,306
up €27,306 (+5.8%), from €469,290 to €496,595
- Taxes +€9,531
up €9,531 (+53.7%), from €17,735 to €27,265
- Staff costs -€5,117
down €5,117 (-1.3%), from €407,672 to €402,555
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 | €310,469 | €376,337 | +€65,868 | +21.2% |
| Fixed assets | 21/28 | €17,078 | €22,872 | +€5,793 | +33.9% |
| Tangible fixed assets | 22/27 | €17,078 | €22,872 | +€5,793 | +33.9% |
| Land and buildings | 22 | €6,129 | €10,384 | +€4,255 | +69.4% |
| Plant, machinery and equipment | 23 | €10,949 | €11,475 | +€526 | +4.8% |
| Furniture and vehicles | 24 | - | €1,013 | +€1,013 | |
| Current assets | 29/58 | €293,391 | €353,465 | +€60,074 | +20.5% |
| Stocks and contracts in progress | 3 | €7,980 | €7,740 | -€239 | -3.0% |
| Stocks | 30/36 | €7,980 | €7,740 | -€239 | -3.0% |
| Amounts receivable within one year | 40/41 | €235,609 | €259,943 | +€24,334 | +10.3% |
| Trade receivables | 40 | €3,889 | €6,763 | +€2,874 | +73.9% |
| Other amounts receivable | 41 | €231,720 | €253,180 | +€21,461 | +9.3% |
| Cash at bank and in hand | 54/58 | €49,802 | €74,097 | +€24,295 | +48.8% |
| Deferred charges and accrued income | 490/1 | - | €11,684 | +€11,684 | |
| Total equity and liabilities | 10/49 | €310,469 | €376,337 | +€65,868 | +21.2% |
| Equity | 10/15 | €233,991 | €284,639 | +€50,648 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,391 | €266,039 | +€50,648 | +23.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €213,531 | €264,179 | +€50,648 | +23.7% |
| Amounts payable | 17/49 | €76,478 | €91,698 | +€15,220 | +19.9% |
| Amounts payable within one year | 42/48 | €76,478 | €88,181 | +€11,704 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €7,681 | - | -€7,681 | |
| Financial debts | 43 | - | €12,527 | +€12,527 | |
| Credit institutions | 430/8 | - | €12,527 | +€12,527 | |
| Trade debts | 44 | €39,313 | €40,340 | +€1,027 | +2.6% |
| Suppliers | 440/4 | €39,313 | €40,340 | +€1,027 | +2.6% |
| Taxes, remuneration and social security | 45 | €28,283 | €34,613 | +€6,330 | +22.4% |
| Taxes | 450/3 | €9,152 | €15,130 | +€5,978 | +65.3% |
| Remuneration and social security | 454/9 | €19,131 | €19,482 | +€351 | +1.8% |
| Other amounts payable | 47/48 | €1,201 | €701 | -€500 | -41.6% |
| Accrued charges and deferred income | 492/3 | - | €3,516 | +€3,516 | |
| Remuneration, social security and pensions | 62 | €407,672 | €402,555 | -€5,117 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,098 | €6,191 | -€906 | -12.8% |
| Other operating charges | 640/8 | €3,006 | €7,392 | +€4,385 | +145.9% |
| Gross operating margin | 9900 | €469,290 | €496,595 | +€27,306 | +5.8% |
| Operating profit (loss) | 9901 | €51,514 | €80,458 | +€28,944 | +56.2% |
| Financial income | 75/76B | €152 | €99 | -€54 | -35.4% |
| Recurring financial income | 75 | €152 | €99 | -€54 | -35.4% |
| Financial charges | 65/66B | €2,559 | €2,643 | +€84 | +3.3% |
| Recurring financial charges | 65 | €2,559 | €2,643 | +€84 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €49,107 | €77,913 | +€28,806 | +58.7% |
| Income taxes | 67/77 | €17,735 | €27,265 | +€9,531 | +53.7% |
| Profit (loss) for the period | 9904 | €31,372 | €50,648 | +€19,275 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,372 | €50,648 | +€19,275 | +61.4% |
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 11 October 2026 via checked.be.