VIWIE: 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.
VIWIE
Largest movements
- Tangible fixed assets -€14,899
down €14,899 (-25.1%), from €59,392 to €44,493
of which Furniture and vehicles: -€13,508
- Cash +€1,814
up €1,814 (+38.3%), from €4,742 to €6,556
mainly Other debts (+€25,303) and Depreciation (+€14,899)
- Stocks and contracts +€1,423
up €1,423 (+82.6%), from €1,722 to €3,145
- Reserves -€28,244
down €28,244 (-95.2%), from €29,654 to €1,409
- Other debts +€25,303
up €25,303 (+444%), from €5,695 to €30,999
- Debts after one year -€11,860
down €11,860 (-69.9%), from €16,964 to €5,104
- Tax, wage and social debts +€1,698
up €1,698 (+69.7%), from €2,437 to €4,135
- Trade debts +€1,025
up €1,025 (+36.7%), from €2,789 to €3,814
- Gross operating margin -€3,958
down €3,958 (-29.7%), from €13,345 to €9,387
- Financial charges -€516
down €516 (-28.8%), from €1,793 to €1,277
- Other operating charges +€209
up €209 (+19.7%), from €1,063 to €1,272
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 | €71,869 | €60,320 | -€11,549 | -16.1% |
| Fixed assets | 21/28 | €59,392 | €44,493 | -€14,899 | -25.1% |
| Tangible fixed assets | 22/27 | €59,392 | €44,493 | -€14,899 | -25.1% |
| Land and buildings | 22 | €7,656 | €6,265 | -€1,391 | -18.2% |
| Furniture and vehicles | 24 | €51,736 | €38,228 | -€13,508 | -26.1% |
| Current assets | 29/58 | €12,477 | €15,827 | +€3,350 | +26.8% |
| Stocks and contracts in progress | 3 | €1,722 | €3,145 | +€1,423 | +82.6% |
| Stocks | 30/36 | €1,722 | €3,145 | +€1,423 | +82.6% |
| Amounts receivable within one year | 40/41 | €5,640 | €5,901 | +€261 | +4.6% |
| Trade receivables | 40 | €5,335 | €5,280 | -€55 | -1.0% |
| Other amounts receivable | 41 | €305 | €622 | +€317 | +104% |
| Cash at bank and in hand | 54/58 | €4,742 | €6,556 | +€1,814 | +38.3% |
| Deferred charges and accrued income | 490/1 | €373 | €225 | -€148 | -39.7% |
| Total equity and liabilities | 10/49 | €71,869 | €60,320 | -€11,549 | -16.1% |
| Equity | 10/15 | €32,654 | €4,409 | -€28,244 | -86.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,654 | €1,409 | -€28,244 | -95.2% |
| Distributable reserves | 133 | €29,654 | €1,409 | -€28,244 | -95.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €39,216 | €55,911 | +€16,695 | +42.6% |
| Amounts payable after more than one year | 17 | €16,964 | €5,104 | -€11,860 | -69.9% |
| Financial debts | 170/4 | €16,964 | €5,104 | -€11,860 | -69.9% |
| Amounts payable within one year | 42/48 | €22,252 | €50,807 | +€28,555 | +128% |
| Current portion of amounts payable after more than one year | 42 | €11,331 | €11,860 | +€529 | +4.7% |
| Trade debts | 44 | €2,789 | €3,814 | +€1,025 | +36.7% |
| Suppliers | 440/4 | €2,789 | €3,814 | +€1,025 | +36.7% |
| Taxes, remuneration and social security | 45 | €2,437 | €4,135 | +€1,698 | +69.7% |
| Taxes | 450/3 | €2,437 | €4,135 | +€1,698 | +69.7% |
| Other amounts payable | 47/48 | €5,695 | €30,999 | +€25,303 | +444% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,899 | €14,899 | = | 0.0% |
| Other operating charges | 640/8 | €1,063 | €1,272 | +€209 | +19.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €13,345 | €9,387 | -€3,958 | -29.7% |
| Operating profit (loss) | 9901 | -€2,617 | -€6,784 | -€4,167 | -159% |
| Financial charges | 65/66B | €1,793 | €1,277 | -€516 | -28.8% |
| Recurring financial charges | 65 | €1,793 | €1,277 | -€516 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,410 | -€8,061 | -€3,651 | -82.8% |
| Income taxes | 67/77 | €195 | €183 | -€12 | -6.1% |
| Profit (loss) for the period | 9904 | -€4,605 | -€8,244 | -€3,639 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,605 | -€8,244 | -€3,639 | -79.0% |
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 19 October 2026 via checked.be.