VIXX: 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.
VIXX
Largest movements
- Stocks and contracts +€68,143
up €68,143 (+37.1%), from €183,790 to €251,934
- Cash -€45,805
down €45,805 (-66.3%), from €69,046 to €23,241
mainly Stocks and contracts (-€68,143) and Investment in fixed assets (net) (-€23,624)
- Tangible fixed assets -€5,451
down €5,451 (-7.8%), from €70,034 to €64,583
of which Furniture and vehicles: -€15,395
- Receivables within one year +€4,394
up €4,394 (+1,997%), from €220 to €4,614
of which Other amounts receivable: +€4,614
- Short-term financial debts +€50,000
up €50,000 (+100%), from €50,000 to €100,000
- Profit (loss) carried forward -€15,614
down €15,614 (-64.4%), from €24,228 to €8,614
- Current portion of long-term debt -€9,719
no longer reported in 2025 (was €9,719)
- Trade debts +€3,493
up €3,493 (+8.3%), from €42,161 to €45,654
- Staff costs +€18,600
up €18,600 (+11.9%), from €156,031 to €174,631
- Gross operating margin -€15,960
down €15,960 (-8.0%), from €199,811 to €183,851
- Taxes -€5,893
down €5,893 (-93.8%), from €6,279 to €386
- Depreciation -€4,432
down €4,432 (-13.2%), from €33,507 to €29,075
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 | €323,207 | €344,488 | +€21,281 | +6.6% |
| Fixed assets | 21/28 | €70,150 | €64,700 | -€5,451 | -7.8% |
| Tangible fixed assets | 22/27 | €70,034 | €64,583 | -€5,451 | -7.8% |
| Plant, machinery and equipment | 23 | €47,977 | €57,921 | +€9,944 | +20.7% |
| Furniture and vehicles | 24 | €22,057 | €6,662 | -€15,395 | -69.8% |
| Financial fixed assets | 28 | €117 | €117 | = | 0.0% |
| Current assets | 29/58 | €253,057 | €279,788 | +€26,731 | +10.6% |
| Stocks and contracts in progress | 3 | €183,790 | €251,934 | +€68,143 | +37.1% |
| Stocks | 30/36 | €183,790 | €251,934 | +€68,143 | +37.1% |
| Amounts receivable within one year | 40/41 | €220 | €4,614 | +€4,394 | +1,997% |
| Trade receivables | 40 | €220 | - | -€220 | |
| Other amounts receivable | 41 | - | €4,614 | +€4,614 | |
| Cash at bank and in hand | 54/58 | €69,046 | €23,241 | -€45,805 | -66.3% |
| Total equity and liabilities | 10/49 | €323,207 | €344,488 | +€21,281 | +6.6% |
| Equity | 10/15 | €109,825 | €94,212 | -€15,614 | -14.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €15,597 | €15,597 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €8,597 | €8,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,228 | €8,614 | -€15,614 | -64.4% |
| Amounts payable | 17/49 | €213,382 | €250,276 | +€36,895 | +17.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €160,989 | €200,247 | +€39,258 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €9,719 | - | -€9,719 | |
| Financial debts | 43 | €50,000 | €100,000 | +€50,000 | +100% |
| Credit institutions | 430/8 | €50,000 | €100,000 | +€50,000 | +100% |
| Trade debts | 44 | €42,161 | €45,654 | +€3,493 | +8.3% |
| Suppliers | 440/4 | €42,161 | €45,654 | +€3,493 | +8.3% |
| Taxes, remuneration and social security | 45 | €42,633 | €41,025 | -€1,608 | -3.8% |
| Taxes | 450/3 | €19,780 | €16,073 | -€3,708 | -18.7% |
| Remuneration and social security | 454/9 | €22,852 | €24,952 | +€2,100 | +9.2% |
| Other amounts payable | 47/48 | €16,477 | €13,568 | -€2,909 | -17.7% |
| Accrued charges and deferred income | 492/3 | €2,392 | €29 | -€2,363 | -98.8% |
| Remuneration, social security and pensions | 62 | €156,031 | €174,631 | +€18,600 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,507 | €29,075 | -€4,432 | -13.2% |
| Other operating charges | 640/8 | €3,059 | €3,068 | +€8 | +0.3% |
| Gross operating margin | 9900 | €199,811 | €183,851 | -€15,960 | -8.0% |
| Operating profit (loss) | 9901 | €7,214 | -€22,923 | -€30,137 | |
| Financial income | 75/76B | €15,729 | €14,355 | -€1,374 | -8.7% |
| Recurring financial income | 75 | €15,729 | €14,355 | -€1,374 | -8.7% |
| Financial charges | 65/66B | €8,067 | €6,660 | -€1,407 | -17.4% |
| Recurring financial charges | 65 | €8,067 | €6,660 | -€1,407 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €14,876 | -€15,228 | -€30,104 | |
| Income taxes | 67/77 | €6,279 | €386 | -€5,893 | -93.8% |
| Profit (loss) for the period | 9904 | €8,597 | -€15,614 | -€24,211 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,597 | -€15,614 | -€24,211 |
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 13 October 2026 via checked.be.