Vaita Law: 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.
Vaita Law
Largest movements
- Receivables within one year +€25,901
new in 2025: €25,901
- Cash +€16,567
up €16,567 (+34.7%), from €47,679 to €64,246
mainly Net result for the year (+€50,024) and Tax, wage and social debts (+€1,250)
- Tangible fixed assets +€3,278
new in 2025: €3,278
- Reserves +€50,024
up €50,024 (+272%), from €18,396 to €68,420
- Other debts -€5,879
down €5,879 (-100%), from €5,879 to €0
- Tax, wage and social debts +€1,250
up €1,250 (+5.9%), from €21,305 to €22,556
of which Taxes: +€6,205
- Gross operating margin +€39,980
up €39,980 (+171%), from €23,433 to €63,414
- Taxes +€8,660
up €8,660 (+176%), from €4,926 to €13,586
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 | €47,779 | €93,426 | +€45,646 | +95.5% |
| Fixed assets | 21/28 | €100 | €3,278 | +€3,178 | +3,178% |
| Tangible fixed assets | 22/27 | - | €3,278 | +€3,278 | |
| Other tangible fixed assets | 26 | - | €3,278 | +€3,278 | |
| Financial fixed assets | 28 | €100 | €0 | -€100 | -100% |
| Current assets | 29/58 | €47,679 | €90,147 | +€42,468 | +89.1% |
| Amounts receivable within one year | 40/41 | - | €25,901 | +€25,901 | |
| Other amounts receivable | 41 | - | €25,901 | +€25,901 | |
| Cash at bank and in hand | 54/58 | €47,679 | €64,246 | +€16,567 | +34.7% |
| Total equity and liabilities | 10/49 | €47,779 | €93,426 | +€45,646 | +95.5% |
| Equity | 10/15 | €19,896 | €69,920 | +€50,024 | +251% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €18,396 | €68,420 | +€50,024 | +272% |
| Distributable reserves | 133 | €18,396 | €68,420 | +€50,024 | +272% |
| Amounts payable | 17/49 | €27,884 | €23,506 | -€4,378 | -15.7% |
| Amounts payable within one year | 42/48 | €27,884 | €23,506 | -€4,378 | -15.7% |
| Trade debts | 44 | €700 | €950 | +€250 | +35.8% |
| Suppliers | 440/4 | €700 | €950 | +€250 | +35.8% |
| Taxes, remuneration and social security | 45 | €21,305 | €22,556 | +€1,250 | +5.9% |
| Taxes | 450/3 | €16,351 | €22,556 | +€6,205 | +37.9% |
| Remuneration and social security | 454/9 | €4,954 | €0 | -€4,954 | -100% |
| Other amounts payable | 47/48 | €5,879 | €0 | -€5,879 | -100% |
| Other operating charges | 640/8 | €106 | €0 | -€106 | -100% |
| Gross operating margin | 9900 | €23,433 | €63,414 | +€39,980 | +171% |
| Operating profit (loss) | 9901 | €23,328 | €63,414 | +€40,086 | +172% |
| Financial income | 75/76B | - | €458 | +€458 | |
| Recurring financial income | 75 | - | €458 | +€458 | |
| Financial charges | 65/66B | €6 | €261 | +€256 | +4,501% |
| Recurring financial charges | 65 | €6 | €261 | +€256 | +4,501% |
| Profit (loss) for the period before taxes | 9903 | €23,322 | €63,610 | +€40,288 | +173% |
| Income taxes | 67/77 | €4,926 | €13,586 | +€8,660 | +176% |
| Profit (loss) for the period | 9904 | €18,396 | €50,024 | +€31,629 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €18,396 | €50,024 | +€31,629 | +172% |
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 23 October 2026 via checked.be.