ALL VITRES: 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.
ALL VITRES
Largest movements
- Cash -€19,558
down €19,558 (-18.9%), from €103,579 to €84,021
mainly Investment in fixed assets (net) (-€34,541) and Tax, wage and social debts (-€13,964)
- Stocks and contracts -€6,538
down €6,538 (-24.5%), from €26,679 to €20,142
- Tangible fixed assets -€6,268
down €6,268 (-6.9%), from €91,222 to €84,954
of which Leasing and similar rights: -€10,625
- Tax, wage and social debts -€13,964
down €13,964 (-66.3%), from €21,071 to €7,107
of which Taxes: -€14,940
- Other debts -€9,868
down €9,868 (-39.0%), from €25,330 to €15,462
- Current portion of long-term debt -€8,529
down €8,529 (-25.6%), from €33,275 to €24,746
- Trade debts -€5,365
down €5,365 (-32.4%), from €16,540 to €11,174
- Profit (loss) carried forward +€3,553
up €3,553 (+370%), from €960 to €4,512
- Staff costs +€16,311
up €16,311 (+26.5%), from €61,598 to €77,909
- Depreciation +€5,646
up €5,646 (+15.7%), from €35,992 to €41,638
- Gross operating margin -€3,478
down €3,478 (-2.5%), from €139,056 to €135,578
- Other operating charges +€2,865
up €2,865 (+329%), from €872 to €3,737
- Taxes -€2,533
down €2,533 (-26.6%), from €9,517 to €6,984
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 | €254,000 | €220,057 | -€33,943 | -13.4% |
| Fixed assets | 21/28 | €94,334 | €87,236 | -€7,097 | -7.5% |
| Intangible fixed assets | 21 | €3,087 | €2,282 | -€804 | -26.1% |
| Tangible fixed assets | 22/27 | €91,222 | €84,954 | -€6,268 | -6.9% |
| Plant, machinery and equipment | 23 | €1,905 | €857 | -€1,048 | -55.0% |
| Furniture and vehicles | 24 | €26,848 | €41,200 | +€14,352 | +53.5% |
| Leasing and similar rights | 25 | €25,364 | €14,739 | -€10,625 | -41.9% |
| Other tangible fixed assets | 26 | €37,105 | €28,158 | -€8,947 | -24.1% |
| Financial fixed assets | 28 | €25 | €0 | -€25 | -100% |
| Current assets | 29/58 | €159,667 | €132,821 | -€26,846 | -16.8% |
| Stocks and contracts in progress | 3 | €26,679 | €20,142 | -€6,538 | -24.5% |
| Stocks | 30/36 | €26,679 | €20,142 | -€6,538 | -24.5% |
| Amounts receivable within one year | 40/41 | €25,087 | €22,752 | -€2,335 | -9.3% |
| Trade receivables | 40 | €6,562 | €13,854 | +€7,292 | +111% |
| Other amounts receivable | 41 | €18,524 | €8,898 | -€9,627 | -52.0% |
| Cash at bank and in hand | 54/58 | €103,579 | €84,021 | -€19,558 | -18.9% |
| Deferred charges and accrued income | 490/1 | €4,322 | €5,906 | +€1,584 | +36.7% |
| Total equity and liabilities | 10/49 | €254,000 | €220,057 | -€33,943 | -13.4% |
| Equity | 10/15 | €139,324 | €142,876 | +€3,553 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,764 | €119,764 | = | 0.0% |
| Distributable reserves | 133 | €119,764 | €119,764 | = | 0.0% |
| Profit (loss) carried forward | 14 | €960 | €4,512 | +€3,553 | +370% |
| Amounts payable | 17/49 | €114,677 | €77,181 | -€37,496 | -32.7% |
| Amounts payable after more than one year | 17 | €18,462 | €18,692 | +€230 | +1.2% |
| Financial debts | 170/4 | €18,462 | €18,692 | +€230 | +1.2% |
| Amounts payable within one year | 42/48 | €96,215 | €58,489 | -€37,726 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €33,275 | €24,746 | -€8,529 | -25.6% |
| Trade debts | 44 | €16,540 | €11,174 | -€5,365 | -32.4% |
| Suppliers | 440/4 | €16,540 | €11,174 | -€5,365 | -32.4% |
| Taxes, remuneration and social security | 45 | €21,071 | €7,107 | -€13,964 | -66.3% |
| Taxes | 450/3 | €15,579 | €638 | -€14,940 | -95.9% |
| Remuneration and social security | 454/9 | €5,493 | €6,469 | +€976 | +17.8% |
| Other amounts payable | 47/48 | €25,330 | €15,462 | -€9,868 | -39.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €61,598 | €77,909 | +€16,311 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,992 | €41,638 | +€5,646 | +15.7% |
| Other operating charges | 640/8 | €872 | €3,737 | +€2,865 | +329% |
| Gross operating margin | 9900 | €139,056 | €135,578 | -€3,478 | -2.5% |
| Operating profit (loss) | 9901 | €40,594 | €12,294 | -€28,300 | -69.7% |
| Financial income | 75/76B | €1,022 | €1,318 | +€296 | +28.9% |
| Recurring financial income | 75 | €1,022 | €1,318 | +€296 | +28.9% |
| Financial charges | 65/66B | €2,492 | €3,076 | +€583 | +23.4% |
| Recurring financial charges | 65 | €2,492 | €3,076 | +€583 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €39,123 | €10,536 | -€28,587 | -73.1% |
| Income taxes | 67/77 | €9,517 | €6,984 | -€2,533 | -26.6% |
| Profit (loss) for the period | 9904 | €29,607 | €3,553 | -€26,054 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,607 | €3,553 | -€26,054 | -88.0% |
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 17 October 2026 via checked.be.