Vialtis: 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.
Vialtis
Largest movements
- Cash +€394,704
up €394,704 (+735.4%), from €53,670 to €448,375
mainly Net result for the year (+€321,434) and Current investments (+€100,000)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Reserves +€321,434
up €321,434 (+313.1%), from €102,659 to €424,093
- Tax, wage and social debts -€16,965
down €16,965 (-45.9%), from €36,934 to €19,968
- Trade debts -€9,686
down €9,686 (-96.2%), from €10,073 to €387
- Gross operating margin +€322,336
up €322,336 (+219.7%), from €146,690 to €469,026
- Taxes +€102,538
up €102,538 (+244.1%), from €42,011 to €144,549
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 | €154,665 | €449,548 | +€294,883 | +190.7% |
| Current assets | 29/58 | €154,665 | €449,548 | +€294,883 | +190.7% |
| Amounts receivable within one year | 40/41 | €811 | €1,173 | +€362 | +44.6% |
| Trade receivables | 40 | €411 | €458 | +€47 | +11.3% |
| Other amounts receivable | 41 | €400 | €715 | +€315 | +78.8% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €53,670 | €448,375 | +€394,704 | +735.4% |
| Deferred charges and accrued income | 490/1 | €183 | - | -€183 | |
| Total equity and liabilities | 10/49 | €154,665 | €449,548 | +€294,883 | +190.7% |
| Equity | 10/15 | €107,659 | €429,093 | +€321,434 | +298.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €102,659 | €424,093 | +€321,434 | +313.1% |
| Distributable reserves | 133 | €102,659 | €424,093 | +€321,434 | +313.1% |
| Amounts payable | 17/49 | €47,006 | €20,455 | -€26,551 | -56.5% |
| Amounts payable within one year | 42/48 | €47,006 | €20,455 | -€26,551 | -56.5% |
| Trade debts | 44 | €10,073 | €387 | -€9,686 | -96.2% |
| Suppliers | 440/4 | €10,073 | €387 | -€9,686 | -96.2% |
| Taxes, remuneration and social security | 45 | €36,934 | €19,968 | -€16,965 | -45.9% |
| Taxes | 450/3 | €36,934 | €19,968 | -€16,965 | -45.9% |
| Other amounts payable | 47/48 | - | €100 | +€100 | |
| Other operating charges | 640/8 | €481 | €6 | -€476 | -98.8% |
| Gross operating margin | 9900 | €146,690 | €469,026 | +€322,336 | +219.7% |
| Operating profit (loss) | 9901 | €146,209 | €469,020 | +€322,812 | +220.8% |
| Financial income | 75/76B | - | €1,119 | +€1,119 | |
| Recurring financial income | 75 | - | €1,119 | +€1,119 | |
| Financial charges | 65/66B | €1,539 | €4,156 | +€2,617 | +170.1% |
| Recurring financial charges | 65 | €1,539 | €4,156 | +€2,617 | +170.1% |
| Profit (loss) for the period before taxes | 9903 | €144,670 | €465,984 | +€321,314 | +222.1% |
| Income taxes | 67/77 | €42,011 | €144,549 | +€102,538 | +244.1% |
| Profit (loss) for the period | 9904 | €102,659 | €321,434 | +€218,776 | +213.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,659 | €321,434 | +€218,776 | +213.1% |
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.