VIWI: 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.
VIWI
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Receivables within one year +€2,666
up €2,666 (+10.4%), from €25,663 to €28,329
of which Other amounts receivable: +€10,531
- Reserves +€54,765
up €54,765 (+106.6%), from €51,369 to €106,133
- Trade debts -€1,518
down €1,518 (-89.8%), from €1,691 to €173
- Gross operating margin +€4,889
up €4,889 (+6.8%), from €71,517 to €76,405
- Taxes +€1,311
up €1,311 (+6.6%), from €19,993 to €21,304
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 | €84,738 | €136,620 | +€51,882 | +61.2% |
| Fixed assets | 21/28 | €4,038 | €4,142 | +€103 | +2.6% |
| Tangible fixed assets | 22/27 | €4,038 | €4,142 | +€103 | +2.6% |
| Plant, machinery and equipment | 23 | - | €997 | +€997 | |
| Furniture and vehicles | 24 | €4,038 | €3,145 | -€894 | -22.1% |
| Current assets | 29/58 | €80,700 | €132,479 | +€51,779 | +64.2% |
| Amounts receivable within one year | 40/41 | €25,663 | €28,329 | +€2,666 | +10.4% |
| Trade receivables | 40 | €15,730 | €7,865 | -€7,865 | -50.0% |
| Other amounts receivable | 41 | €9,933 | €20,464 | +€10,531 | +106.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €54,420 | €53,248 | -€1,173 | -2.2% |
| Deferred charges and accrued income | 490/1 | €617 | €902 | +€286 | +46.3% |
| Total equity and liabilities | 10/49 | €84,738 | €136,620 | +€51,882 | +61.2% |
| Equity | 10/15 | €52,369 | €107,133 | +€54,765 | +104.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €51,369 | €106,133 | +€54,765 | +106.6% |
| Distributable reserves | 133 | €51,369 | €106,133 | +€54,765 | +106.6% |
| Amounts payable | 17/49 | €32,370 | €29,487 | -€2,883 | -8.9% |
| Amounts payable within one year | 42/48 | €32,370 | €29,487 | -€2,883 | -8.9% |
| Trade debts | 44 | €1,691 | €173 | -€1,518 | -89.8% |
| Suppliers | 440/4 | €1,691 | €173 | -€1,518 | -89.8% |
| Taxes, remuneration and social security | 45 | €30,679 | €29,314 | -€1,365 | -4.4% |
| Taxes | 450/3 | €30,679 | €29,314 | -€1,365 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €1,096 | +€667 | +155.1% |
| Other operating charges | 640/8 | €161 | €208 | +€47 | +29.4% |
| Gross operating margin | 9900 | €71,517 | €76,405 | +€4,889 | +6.8% |
| Operating profit (loss) | 9901 | €70,926 | €75,102 | +€4,175 | +5.9% |
| Financial income | 75/76B | €435 | €1,098 | +€664 | +152.7% |
| Recurring financial income | 75 | €435 | €1,098 | +€664 | +152.7% |
| Financial charges | 65/66B | - | €132 | +€132 | |
| Recurring financial charges | 65 | - | €132 | +€132 | |
| Profit (loss) for the period before taxes | 9903 | €71,361 | €76,068 | +€4,707 | +6.6% |
| Income taxes | 67/77 | €19,993 | €21,304 | +€1,311 | +6.6% |
| Profit (loss) for the period | 9904 | €51,369 | €54,765 | +€3,396 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,369 | €54,765 | +€3,396 | +6.6% |
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 12 October 2026 via checked.be.