VIVY: 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.
VIVY
Largest movements
- Stocks and contracts +€14,499
up €14,499 (+8.5%), from €169,889 to €184,389
- Tangible fixed assets +€6,133
new in 2025: €6,133
- Cash -€4,475
down €4,475 (-36.6%), from €12,225 to €7,750
mainly Contributions, distributions and other (-€55,277) and Stocks and contracts (-€14,499)
- Receivables within one year -€2,775
down €2,775 (-100%), from €2,775 to €0
of which Other amounts receivable: -€2,523
- Other debts +€40,977
up €40,977 (+139%), from €29,462 to €70,438
- Reserves -€33,428
down €33,428 (-30.3%), from €110,152 to €76,723
- Tax, wage and social debts +€9,169
up €9,169 (+55.6%), from €16,480 to €25,648
of which Taxes: +€8,003
- Profit (loss) carried forward -€2,667
down €2,667 (-100%), from €2,667 to €0
- Gross operating margin -€3,722
down €3,722 (-6.0%), from €62,115 to €58,394
- Financial income +€3,161
new in 2025: €3,161
- Financial charges -€660
down €660 (-28.6%), from €2,307 to €1,648
- Depreciation +€630
up €630, from €0 to €630
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 | €185,876 | €198,663 | +€12,787 | +6.9% |
| Fixed assets | 21/28 | - | €6,133 | +€6,133 | |
| Tangible fixed assets | 22/27 | - | €6,133 | +€6,133 | |
| Furniture and vehicles | 24 | - | €6,133 | +€6,133 | |
| Current assets | 29/58 | €185,876 | €192,530 | +€6,654 | +3.6% |
| Stocks and contracts in progress | 3 | €169,889 | €184,389 | +€14,499 | +8.5% |
| Stocks | 30/36 | €169,889 | €184,389 | +€14,499 | +8.5% |
| Amounts receivable within one year | 40/41 | €2,775 | €0 | -€2,775 | -100% |
| Trade receivables | 40 | €251 | €0 | -€251 | -100% |
| Other amounts receivable | 41 | €2,523 | €0 | -€2,523 | -100% |
| Cash at bank and in hand | 54/58 | €12,225 | €7,750 | -€4,475 | -36.6% |
| Deferred charges and accrued income | 490/1 | €987 | €392 | -€595 | -60.3% |
| Total equity and liabilities | 10/49 | €185,876 | €198,663 | +€12,787 | +6.9% |
| Equity | 10/15 | €131,419 | €95,323 | -€36,095 | -27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,152 | €76,723 | -€33,428 | -30.3% |
| Distributable reserves | 133 | €110,152 | €76,723 | -€33,428 | -30.3% |
| Profit (loss) carried forward | 14 | €2,667 | €0 | -€2,667 | -100% |
| Amounts payable | 17/49 | €54,457 | €103,340 | +€48,883 | +89.8% |
| Amounts payable within one year | 42/48 | €54,457 | €103,340 | +€48,883 | +89.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €8,516 | €7,253 | -€1,263 | -14.8% |
| Suppliers | 440/4 | €8,516 | €7,253 | -€1,263 | -14.8% |
| Taxes, remuneration and social security | 45 | €16,480 | €25,648 | +€9,169 | +55.6% |
| Taxes | 450/3 | €12,015 | €20,018 | +€8,003 | +66.6% |
| Remuneration and social security | 454/9 | €4,464 | €5,630 | +€1,166 | +26.1% |
| Other amounts payable | 47/48 | €29,462 | €70,438 | +€40,977 | +139% |
| Remuneration, social security and pensions | 62 | €29,775 | €29,321 | -€454 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €630 | +€630 | |
| Other operating charges | 640/8 | €830 | €1,025 | +€194 | +23.4% |
| Gross operating margin | 9900 | €62,115 | €58,394 | -€3,722 | -6.0% |
| Operating profit (loss) | 9901 | €31,510 | €27,418 | -€4,091 | -13.0% |
| Financial income | 75/76B | - | €3,161 | +€3,161 | |
| Recurring financial income | 75 | - | €3,161 | +€3,161 | |
| Financial charges | 65/66B | €2,307 | €1,648 | -€660 | -28.6% |
| Recurring financial charges | 65 | €2,307 | €1,648 | -€660 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €29,202 | €28,932 | -€270 | -0.9% |
| Income taxes | 67/77 | €10,032 | €9,751 | -€281 | -2.8% |
| Profit (loss) for the period | 9904 | €19,171 | €19,181 | +€10 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,171 | €19,181 | +€10 | +0.1% |
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 16 October 2026 via checked.be.