DE VITS: 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.
DE VITS
Largest movements
- Stocks and contracts -€100,209
down €100,209 (-21.7%), from €461,221 to €361,011
- Cash +€46,334
up €46,334 (+448%), from €10,331 to €56,665
mainly Stocks and contracts (+€100,209) and Depreciation (+€25,250)
- Tangible fixed assets -€25,200
down €25,200 (-7.6%), from €332,607 to €307,407
of which Land and buildings: -€23,767
- Short-term financial debts -€52,136
no longer reported in 2025 (was €52,136)
- Trade debts -€47,115
down €47,115 (-47.0%), from €100,151 to €53,036
- Debts after one year -€31,029
down €31,029 (-9.7%), from €319,020 to €287,992
- Tax, wage and social debts +€24,384
up €24,384 (+102%), from €23,824 to €48,207
of which Remuneration and social security: +€12,521
- Other debts +€12,989
up €12,989 (+8.8%), from €148,409 to €161,398
- Other operating charges +€7,400
up €7,400 (+53.9%), from €13,738 to €21,138
- Gross operating margin +€6,682
up €6,682 (+6.8%), from €98,353 to €105,034
- Financial charges +€5,425
up €5,425 (+28.2%), from €19,218 to €24,643
- Staff costs +€4,460
up €4,460 (+16.4%), from €27,208 to €31,668
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 | €816,005 | €736,933 | -€79,072 | -9.7% |
| Fixed assets | 21/28 | €332,907 | €307,657 | -€25,250 | -7.6% |
| Intangible fixed assets | 21 | €300 | €250 | -€50 | -16.7% |
| Tangible fixed assets | 22/27 | €332,607 | €307,407 | -€25,200 | -7.6% |
| Land and buildings | 22 | €328,914 | €305,148 | -€23,767 | -7.2% |
| Plant, machinery and equipment | 23 | €3,693 | €2,260 | -€1,434 | -38.8% |
| Current assets | 29/58 | €483,097 | €429,276 | -€53,821 | -11.1% |
| Stocks and contracts in progress | 3 | €461,221 | €361,011 | -€100,209 | -21.7% |
| Stocks | 30/36 | €461,221 | €361,011 | -€100,209 | -21.7% |
| Amounts receivable within one year | 40/41 | €11,545 | €11,599 | +€54 | +0.5% |
| Trade receivables | 40 | €1,119 | €1,119 | = | 0.0% |
| Other amounts receivable | 41 | €10,427 | €10,481 | +€54 | +0.5% |
| Cash at bank and in hand | 54/58 | €10,331 | €56,665 | +€46,334 | +448% |
| Total equity and liabilities | 10/49 | €816,005 | €736,933 | -€79,072 | -9.7% |
| Equity | 10/15 | €142,183 | €143,413 | +€1,230 | +0.9% |
| Contributions | 10/11 | €143,380 | €143,380 | = | 0.0% |
| Reserves | 13 | €4,338 | €4,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,338 | €4,338 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,338 | €4,338 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,535 | -€4,305 | +€1,230 | +22.2% |
| Amounts payable | 17/49 | €673,821 | €593,520 | -€80,301 | -11.9% |
| Amounts payable after more than one year | 17 | €319,020 | €287,992 | -€31,029 | -9.7% |
| Financial debts | 170/4 | €319,020 | €287,992 | -€31,029 | -9.7% |
| Amounts payable within one year | 42/48 | €354,801 | €293,670 | -€61,131 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €30,282 | €31,029 | +€746 | +2.5% |
| Financial debts | 43 | €52,136 | - | -€52,136 | |
| Credit institutions | 430/8 | €52,136 | - | -€52,136 | |
| Trade debts | 44 | €100,151 | €53,036 | -€47,115 | -47.0% |
| Suppliers | 440/4 | €100,151 | €53,036 | -€47,115 | -47.0% |
| Taxes, remuneration and social security | 45 | €23,824 | €48,207 | +€24,384 | +102% |
| Taxes | 450/3 | €20,599 | €32,462 | +€11,862 | +57.6% |
| Remuneration and social security | 454/9 | €3,224 | €15,746 | +€12,521 | +388% |
| Other amounts payable | 47/48 | €148,409 | €161,398 | +€12,989 | +8.8% |
| Accrued charges and deferred income | 492/3 | - | €11,859 | +€11,859 | |
| Non-recurring operating income | 76A | €2,135 | €399 | -€1,736 | -81.3% |
| Remuneration, social security and pensions | 62 | €27,208 | €31,668 | +€4,460 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,250 | €25,250 | = | 0.0% |
| Other operating charges | 640/8 | €13,738 | €21,138 | +€7,400 | +53.9% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €98,353 | €105,034 | +€6,682 | +6.8% |
| Operating profit (loss) | 9901 | €31,856 | €26,978 | -€4,878 | -15.3% |
| Financial income | 75/76B | €348 | €333 | -€15 | -4.3% |
| Recurring financial income | 75 | €348 | €333 | -€15 | -4.3% |
| Financial charges | 65/66B | €19,218 | €24,643 | +€5,425 | +28.2% |
| Recurring financial charges | 65 | €19,218 | €24,643 | +€5,425 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €12,986 | €2,669 | -€10,317 | -79.5% |
| Income taxes | 67/77 | €1,607 | €1,439 | -€168 | -10.5% |
| Profit (loss) for the period | 9904 | €11,379 | €1,230 | -€10,149 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,379 | €1,230 | -€10,149 | -89.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.