VILITH: what changed
VILITH
Largest movements
- Cash -€55,925
down €55,925 (-32.8%), from €170,732 to €114,807
mainly Contributions, distributions and other (-€395,000) and Debts after one year (-€6,516)
- Receivables within one year -€15,304
down €15,304 (-41.2%), from €37,167 to €21,862
of which Trade receivables: -€25,000
- Tangible fixed assets -€12,914
down €12,914 (-27.3%), from €47,369 to €34,456
of which Furniture and vehicles: -€12,335
- Reserves -€221,547
down €221,547 (-96.5%), from €229,555 to €8,008
- Other debts +€142,905
up €142,905 (+1,772%), from €8,066 to €150,971
- Debts after one year -€6,516
down €6,516 (-70.0%), from €9,308 to €2,792
- Gross operating margin -€69,159
down €69,159 (-21.9%), from €316,105 to €246,946
- Taxes -€18,939
down €18,939 (-25.3%), from €74,833 to €55,894
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,268 | €171,125 | -€84,143 | -33.0% |
| Fixed assets | 21/28 | €47,369 | €34,456 | -€12,914 | -27.3% |
| Tangible fixed assets | 22/27 | €47,369 | €34,456 | -€12,914 | -27.3% |
| Plant, machinery and equipment | 23 | €176 | €45 | -€131 | -74.5% |
| Furniture and vehicles | 24 | €33,344 | €21,009 | -€12,335 | -37.0% |
| Other tangible fixed assets | 26 | €13,849 | €13,401 | -€448 | -3.2% |
| Current assets | 29/58 | €207,899 | €136,669 | -€71,230 | -34.3% |
| Amounts receivable within one year | 40/41 | €37,167 | €21,862 | -€15,304 | -41.2% |
| Trade receivables | 40 | €30,000 | €5,000 | -€25,000 | -83.3% |
| Other amounts receivable | 41 | €7,167 | €16,862 | +€9,696 | +135% |
| Cash at bank and in hand | 54/58 | €170,732 | €114,807 | -€55,925 | -32.8% |
| Total equity and liabilities | 10/49 | €255,268 | €171,125 | -€84,143 | -33.0% |
| Equity | 10/15 | €230,555 | €9,008 | -€221,547 | -96.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €229,555 | €8,008 | -€221,547 | -96.5% |
| Distributable reserves | 133 | €229,555 | €8,008 | -€221,547 | -96.5% |
| Amounts payable | 17/49 | €24,713 | €162,116 | +€137,403 | +556% |
| Amounts payable after more than one year | 17 | €9,308 | €2,792 | -€6,516 | -70.0% |
| Financial debts | 170/4 | €9,308 | €2,792 | -€6,516 | -70.0% |
| Amounts payable within one year | 42/48 | €15,405 | €159,325 | +€143,919 | +934% |
| Current portion of amounts payable after more than one year | 42 | €6,264 | €6,516 | +€252 | +4.0% |
| Trade debts | 44 | €1,074 | €1,838 | +€763 | +71.0% |
| Suppliers | 440/4 | €1,074 | €1,838 | +€763 | +71.0% |
| Other amounts payable | 47/48 | €8,066 | €150,971 | +€142,905 | +1,772% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,540 | €12,273 | -€267 | -2.1% |
| Other operating charges | 640/8 | €868 | €786 | -€82 | -9.5% |
| Non-recurring operating charges | 66A | - | €6,041 | +€6,041 | |
| Gross operating margin | 9900 | €316,105 | €246,946 | -€69,159 | -21.9% |
| Operating profit (loss) | 9901 | €302,697 | €227,847 | -€74,850 | -24.7% |
| Financial income | 75/76B | €2,572 | €2,523 | -€50 | -1.9% |
| Recurring financial income | 75 | €2,572 | €2,523 | -€50 | -1.9% |
| Financial charges | 65/66B | €1,307 | €1,022 | -€285 | -21.8% |
| Recurring financial charges | 65 | €1,307 | €1,022 | -€285 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €303,963 | €229,348 | -€74,615 | -24.5% |
| Income taxes | 67/77 | €74,833 | €55,894 | -€18,939 | -25.3% |
| Profit (loss) for the period | 9904 | €229,129 | €173,453 | -€55,676 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €229,129 | €173,453 | -€55,676 | -24.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.