VYVEY: what changed
Two fiscal 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.
VYVEY
Largest movements
- Receivables within one year -€57,241
down €57,241 (-27.4%), from €209,173 to €151,932
of which Other amounts receivable: -€30,863
- Tangible fixed assets +€26,912
up €26,912 (+7.9%), from €340,936 to €367,848
of which Plant, machinery and equipment: +€54,280
- Stocks and contracts +€13,500
up €13,500 (+15.3%), from €88,000 to €101,500
- Short-term financial debts +€48,500
up €48,500 (+48.5%), from €100,000 to €148,500
- Debts after one year -€35,499
down €35,499 (-29.0%), from €122,239 to €86,740
- Current portion of long-term debt -€24,039
down €24,039 (-43.9%), from €54,816 to €30,777
- Trade debts +€20,751
up €20,751 (+107.2%), from €19,362 to €40,113
- Profit (loss) carried forward -€18,586
down €18,586 (-91.5%), from -€20,315 to -€38,901
- Gross operating margin -€130,714
down €130,714 (-51.9%), from €251,705 to €120,991
- Depreciation +€33,952
up €33,952 (+66.9%), from €50,723 to €84,675
- Financial charges -€21,544
down €21,544 (-59.8%), from €36,040 to €14,497
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 | €668,790 | €646,323 | -€22,467 | -3.4% |
| Fixed assets | 21/28 | €340,936 | €367,848 | +€26,912 | +7.9% |
| Tangible fixed assets | 22/27 | €340,936 | €367,848 | +€26,912 | +7.9% |
| Land and buildings | 22 | €162,871 | €151,342 | -€11,529 | -7.1% |
| Plant, machinery and equipment | 23 | €43,392 | €97,672 | +€54,280 | +125.1% |
| Furniture and vehicles | 24 | €134,673 | €118,833 | -€15,839 | -11.8% |
| Current assets | 29/58 | €327,855 | €278,475 | -€49,379 | -15.1% |
| Amounts receivable after more than one year | 29 | €135 | €135 | = | 0.0% |
| Other amounts receivable | 291 | €135 | €135 | = | 0.0% |
| Stocks and contracts in progress | 3 | €88,000 | €101,500 | +€13,500 | +15.3% |
| Stocks | 30/36 | €88,000 | €101,500 | +€13,500 | +15.3% |
| Amounts receivable within one year | 40/41 | €209,173 | €151,932 | -€57,241 | -27.4% |
| Trade receivables | 40 | €66,812 | €40,434 | -€26,378 | -39.5% |
| Other amounts receivable | 41 | €142,361 | €111,498 | -€30,863 | -21.7% |
| Cash at bank and in hand | 54/58 | €30,358 | €24,715 | -€5,642 | -18.6% |
| Deferred charges and accrued income | 490/1 | €189 | €193 | +€4 | +2.0% |
| Total equity and liabilities | 10/49 | €668,790 | €646,323 | -€22,467 | -3.4% |
| Equity | 10/15 | €151,685 | €133,099 | -€18,586 | -12.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,315 | -€38,901 | -€18,586 | -91.5% |
| Amounts payable | 17/49 | €517,105 | €513,224 | -€3,882 | -0.8% |
| Amounts payable after more than one year | 17 | €122,239 | €86,740 | -€35,499 | -29.0% |
| Financial debts | 170/4 | €122,239 | €86,740 | -€35,499 | -29.0% |
| Amounts payable within one year | 42/48 | €394,867 | €426,484 | +€31,618 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €54,816 | €30,777 | -€24,039 | -43.9% |
| Financial debts | 43 | €100,000 | €148,500 | +€48,500 | +48.5% |
| Credit institutions | 430/8 | €100,000 | €148,500 | +€48,500 | +48.5% |
| Trade debts | 44 | €19,362 | €40,113 | +€20,751 | +107.2% |
| Suppliers | 440/4 | €19,362 | €40,113 | +€20,751 | +107.2% |
| Taxes, remuneration and social security | 45 | €8,983 | €4,379 | -€4,604 | -51.3% |
| Taxes | 450/3 | €4,974 | €196 | -€4,778 | -96.1% |
| Remuneration and social security | 454/9 | €4,008 | €4,183 | +€174 | +4.3% |
| Other amounts payable | 47/48 | €211,705 | €202,715 | -€8,990 | -4.2% |
| Non-recurring operating income | 76A | €70,744 | - | -€70,744 | |
| Remuneration, social security and pensions | 62 | €34,390 | €34,921 | +€531 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,723 | €84,675 | +€33,952 | +66.9% |
| Other operating charges | 640/8 | €1,865 | €1,643 | -€222 | -11.9% |
| Non-recurring operating charges | 66A | €38,882 | €3,950 | -€34,932 | -89.8% |
| Gross operating margin | 9900 | €251,705 | €120,991 | -€130,714 | -51.9% |
| Operating profit (loss) | 9901 | €125,845 | -€4,198 | -€130,043 | |
| Financial income | 75/76B | €269 | €305 | +€37 | +13.7% |
| Recurring financial income | 75 | €269 | €305 | +€37 | +13.7% |
| Financial charges | 65/66B | €36,040 | €14,497 | -€21,544 | -59.8% |
| Recurring financial charges | 65 | €36,040 | €14,497 | -€21,544 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €90,073 | -€18,389 | -€108,462 | |
| Income taxes | 67/77 | €188 | €196 | +€8 | +4.2% |
| Profit (loss) for the period | 9904 | €89,885 | -€18,586 | -€108,470 | |
| Transfer to tax-exempt reserves | 689 | €22,000 | - | -€22,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,885 | -€18,586 | -€86,470 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.