Vilarte: 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.
Vilarte
Largest movements
- Receivables within one year +€102,719
up €102,719 (+385435.8%), from €27 to €102,745
of which Trade receivables: +€102,608
- Tangible fixed assets -€15,151
down €15,151 (-6.1%), from €247,289 to €232,138
of which Land and buildings: -€14,546
- Intangible fixed assets -€9,636
down €9,636 (-25.0%), from €38,512 to €28,876
- Profit (loss) carried forward +€82,806
no longer reported in 2025 (was -€82,806)
- Debts after one year -€32,839
down €32,839 (-15.1%), from €216,801 to €183,962
of which Financial debts: -€50,372
- Tax, wage and social debts +€23,228
new in 2025: €23,228
- Gross operating margin +€118,231
up €118,231, from -€1,632 to €116,599
- Financial charges +€2,209
up €2,209 (+42.9%), from €5,152 to €7,360
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 | €287,594 | €364,597 | +€77,003 | +26.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €285,801 | €261,014 | -€24,787 | -8.7% |
| Intangible fixed assets | 21 | €38,512 | €28,876 | -€9,636 | -25.0% |
| Tangible fixed assets | 22/27 | €247,289 | €232,138 | -€15,151 | -6.1% |
| Land and buildings | 22 | €245,925 | €231,379 | -€14,546 | -5.9% |
| Plant, machinery and equipment | 23 | €1,363 | €759 | -€605 | -44.4% |
| Current assets | 29/58 | €1,793 | €103,583 | +€101,790 | +5678.0% |
| Amounts receivable within one year | 40/41 | €27 | €102,745 | +€102,719 | +385435.8% |
| Trade receivables | 40 | - | €102,608 | +€102,608 | |
| Other amounts receivable | 41 | €27 | €137 | +€111 | +415.1% |
| Cash at bank and in hand | 54/58 | €1,766 | €838 | -€928 | -52.6% |
| Total equity and liabilities | 10/49 | €287,594 | €364,597 | +€77,003 | +26.8% |
| Equity | 10/15 | €17,194 | €100,351 | +€83,157 | +483.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | - | €351 | +€351 | |
| Distributable reserves | 133 | - | €351 | +€351 | |
| Profit (loss) carried forward | 14 | -€82,806 | - | +€82,806 | |
| Amounts payable | 17/49 | €270,399 | €264,246 | -€6,154 | -2.3% |
| Amounts payable after more than one year | 17 | €216,801 | €183,962 | -€32,839 | -15.1% |
| Financial debts | 170/4 | €122,332 | €71,960 | -€50,372 | -41.2% |
| Other amounts payable | 178/9 | €94,469 | €112,002 | +€17,533 | +18.6% |
| Amounts payable within one year | 42/48 | €50,025 | €74,157 | +€24,132 | +48.2% |
| Current portion of amounts payable after more than one year | 42 | €50,025 | €50,372 | +€347 | +0.7% |
| Trade debts | 44 | - | €557 | +€557 | |
| Suppliers | 440/4 | - | €557 | +€557 | |
| Taxes, remuneration and social security | 45 | - | €23,228 | +€23,228 | |
| Taxes | 450/3 | - | €23,228 | +€23,228 | |
| Accrued charges and deferred income | 492/3 | €3,573 | €6,127 | +€2,553 | +71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,787 | €24,787 | = | 0.0% |
| Other operating charges | 640/8 | €667 | €626 | -€40 | -6.0% |
| Gross operating margin | 9900 | -€1,632 | €116,599 | +€118,231 | |
| Operating profit (loss) | 9901 | -€27,086 | €91,186 | +€118,271 | |
| Financial charges | 65/66B | €5,152 | €7,360 | +€2,209 | +42.9% |
| Recurring financial charges | 65 | €5,152 | €7,360 | +€2,209 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,237 | €83,826 | +€116,063 | |
| Income taxes | 67/77 | - | €669 | +€669 | |
| Profit (loss) for the period | 9904 | -€32,237 | €83,157 | +€115,394 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,237 | €83,157 | +€115,394 |
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 8 October 2026 via checked.be.