PRESSING VITASEC: 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.
PRESSING VITASEC
Largest movements
- Cash +€12,747
up €12,747 (+398%), from €3,201 to €15,948
mainly Net result for the year (+€4,411) and Receivables within one year (+€3,194)
- Receivables within one year -€3,194
down €3,194 (-16.6%), from €19,261 to €16,067
of which Trade receivables: -€1,614
- Tangible fixed assets -€1,653
down €1,653 (-20.0%), from €8,285 to €6,632
of which Plant, machinery and equipment: -€2,182
- Profit (loss) carried forward +€4,411
up €4,411 (+25.6%), from -€17,200 to -€12,788
- Debts after one year +€2,969
up €2,969 (+1,234%), from €241 to €3,210
- Current portion of long-term debt -€2,842
no longer reported in 2024 (was €2,842)
- Short-term financial debts +€1,751
up €1,751 (+40.7%), from €4,303 to €6,053
- Tax, wage and social debts +€1,311
up €1,311 (+17.7%), from €7,426 to €8,737
of which Taxes: +€2,762
- Gross operating margin +€5,861
up €5,861 (+40.6%), from €14,425 to €20,285
- Financial income +€1,902
up €1,902 (+576,464%), from €0 to €1,903
- Staff costs -€998
down €998 (-7.1%), from €14,120 to €13,122
- Depreciation +€247
up €247 (+12.6%), from €1,961 to €2,208
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,147 | €39,085 | +€7,938 | +25.5% |
| Fixed assets | 21/28 | €8,685 | €7,032 | -€1,653 | -19.0% |
| Tangible fixed assets | 22/27 | €8,285 | €6,632 | -€1,653 | -20.0% |
| Land and buildings | 22 | - | €529 | +€529 | |
| Plant, machinery and equipment | 23 | €8,285 | €6,103 | -€2,182 | -26.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €22,462 | €32,053 | +€9,591 | +42.7% |
| Amounts receivable within one year | 40/41 | €19,261 | €16,067 | -€3,194 | -16.6% |
| Trade receivables | 40 | €5,150 | €3,536 | -€1,614 | -31.3% |
| Other amounts receivable | 41 | €14,110 | €12,531 | -€1,580 | -11.2% |
| Cash at bank and in hand | 54/58 | €3,201 | €15,948 | +€12,747 | +398% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €31,147 | €39,085 | +€7,938 | +25.5% |
| Equity | 10/15 | €12,956 | €17,367 | +€4,411 | +34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,556 | €11,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,696 | €9,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,200 | -€12,788 | +€4,411 | +25.6% |
| Amounts payable | 17/49 | €18,191 | €21,718 | +€3,527 | +19.4% |
| Amounts payable after more than one year | 17 | €241 | €3,210 | +€2,969 | +1,234% |
| Financial debts | 170/4 | €241 | €3,210 | +€2,969 | +1,234% |
| Amounts payable within one year | 42/48 | €17,951 | €18,508 | +€558 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €2,842 | - | -€2,842 | |
| Financial debts | 43 | €4,303 | €6,053 | +€1,751 | +40.7% |
| Credit institutions | 430/8 | €4,303 | €6,053 | +€1,751 | +40.7% |
| Trade debts | 44 | €3,379 | €3,718 | +€338 | +10.0% |
| Suppliers | 440/4 | €3,379 | €3,718 | +€338 | +10.0% |
| Taxes, remuneration and social security | 45 | €7,426 | €8,737 | +€1,311 | +17.7% |
| Taxes | 450/3 | €4,416 | €7,177 | +€2,762 | +62.5% |
| Remuneration and social security | 454/9 | €3,011 | €1,560 | -€1,450 | -48.2% |
| Remuneration, social security and pensions | 62 | €14,120 | €13,122 | -€998 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,961 | €2,208 | +€247 | +12.6% |
| Other operating charges | 640/8 | €1,203 | €1,191 | -€12 | -1.0% |
| Gross operating margin | 9900 | €14,425 | €20,285 | +€5,861 | +40.6% |
| Operating profit (loss) | 9901 | -€2,860 | €3,764 | +€6,624 | |
| Financial income | 75/76B | €0 | €1,903 | +€1,902 | +576,464% |
| Recurring financial income | 75 | €0 | €1,903 | +€1,902 | +576,464% |
| Financial charges | 65/66B | €1,108 | €1,255 | +€147 | +13.3% |
| Recurring financial charges | 65 | €1,108 | €1,255 | +€147 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,967 | €4,411 | +€8,379 | |
| Profit (loss) for the period | 9904 | -€3,967 | €4,411 | +€8,379 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,967 | €4,411 | +€8,379 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.