VIBOTEC: 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.
VIBOTEC
Largest movements
- Receivables within one year -€75,915
down €75,915 (-97.0%), from €78,230 to €2,316
of which Other amounts receivable: -€67,248
- Tangible fixed assets -€28,165
down €28,165 (-3.6%), from €785,519 to €757,354
of which Land and buildings: -€22,555
- Debts after one year -€81,538
down €81,538 (-58.5%), from €139,492 to €57,954
- Other debts -€37,950
down €37,950 (-8.7%), from €435,558 to €397,608
- Profit (loss) carried forward +€14,848
up €14,848 (+74.9%), from -€19,827 to -€4,979
- Current portion of long-term debt -€12,230
down €12,230 (-43.5%), from €28,142 to €15,912
- Gross operating margin +€2,878
up €2,878 (+3.7%), from €78,198 to €81,076
- Financial income -€1,779
down €1,779 (-98.9%), from €1,798 to €19
- Financial charges +€1,630
up €1,630 (+6.2%), from €26,246 to €27,876
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 | €878,709 | €768,721 | -€109,988 | -12.5% |
| Fixed assets | 21/28 | €785,519 | €757,354 | -€28,165 | -3.6% |
| Tangible fixed assets | 22/27 | €785,519 | €757,354 | -€28,165 | -3.6% |
| Land and buildings | 22 | €756,817 | €734,262 | -€22,555 | -3.0% |
| Plant, machinery and equipment | 23 | €4,944 | €4,005 | -€939 | -19.0% |
| Furniture and vehicles | 24 | €400 | €400 | = | 0.0% |
| Other tangible fixed assets | 26 | €23,359 | €18,687 | -€4,672 | -20.0% |
| Current assets | 29/58 | €93,190 | €11,368 | -€81,822 | -87.8% |
| Amounts receivable within one year | 40/41 | €78,230 | €2,316 | -€75,915 | -97.0% |
| Trade receivables | 40 | €8,667 | €0 | -€8,667 | -100.0% |
| Other amounts receivable | 41 | €69,563 | €2,316 | -€67,248 | -96.7% |
| Cash at bank and in hand | 54/58 | €14,960 | €9,052 | -€5,908 | -39.5% |
| Total equity and liabilities | 10/49 | €878,709 | €768,721 | -€109,988 | -12.5% |
| Equity | 10/15 | €262,315 | €277,163 | +€14,848 | +5.7% |
| Contributions | 10/11 | €275,000 | €275,000 | = | 0.0% |
| Capital | 10 | €275,000 | €275,000 | = | 0.0% |
| Issued capital | 100 | €275,000 | €275,000 | = | 0.0% |
| Reserves | 13 | €7,142 | €7,142 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €893 | €893 | = | 0.0% |
| Distributable reserves | 133 | €49 | €49 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,827 | -€4,979 | +€14,848 | +74.9% |
| Amounts payable | 17/49 | €616,394 | €491,558 | -€124,836 | -20.3% |
| Amounts payable after more than one year | 17 | €139,492 | €57,954 | -€81,538 | -58.5% |
| Financial debts | 170/4 | €139,492 | €57,954 | -€81,538 | -58.5% |
| Amounts payable within one year | 42/48 | €476,902 | €429,741 | -€47,161 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €28,142 | €15,912 | -€12,230 | -43.5% |
| Trade debts | 44 | €4,070 | €1,357 | -€2,713 | -66.6% |
| Suppliers | 440/4 | €4,070 | €1,357 | -€2,713 | -66.6% |
| Taxes, remuneration and social security | 45 | €9,131 | €14,863 | +€5,732 | +62.8% |
| Taxes | 450/3 | €9,131 | €14,863 | +€5,732 | +62.8% |
| Other amounts payable | 47/48 | €435,558 | €397,608 | -€37,950 | -8.7% |
| Accrued charges and deferred income | 492/3 | - | €3,863 | +€3,863 | |
| Non-recurring operating income | 76A | €5,696 | €0 | -€5,696 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,892 | €28,165 | +€273 | +1.0% |
| Other operating charges | 640/8 | €5,357 | €5,256 | -€101 | -1.9% |
| Gross operating margin | 9900 | €78,198 | €81,076 | +€2,878 | +3.7% |
| Operating profit (loss) | 9901 | €44,949 | €47,654 | +€2,706 | +6.0% |
| Financial income | 75/76B | €1,798 | €19 | -€1,779 | -98.9% |
| Recurring financial income | 75 | €1,798 | €19 | -€1,779 | -98.9% |
| Financial charges | 65/66B | €26,246 | €27,876 | +€1,630 | +6.2% |
| Recurring financial charges | 65 | €26,246 | €27,876 | +€1,630 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €20,500 | €19,797 | -€703 | -3.4% |
| Income taxes | 67/77 | €4,748 | €4,949 | +€201 | +4.2% |
| Profit (loss) for the period | 9904 | €15,752 | €14,848 | -€904 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,752 | €14,848 | -€904 | -5.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.