VIT MANAGEMENT: 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.
VIT MANAGEMENT
Largest movements
- Tangible fixed assets -€55,488
down €55,488 (-11.3%), from €490,125 to €434,637
of which Land and buildings: -€46,578
- Receivables after one year +€23,100
up €23,100 (+18.0%), from €128,600 to €151,700
- Receivables within one year +€23,047
up €23,047 (+1,041%), from €2,215 to €25,262
- Cash -€16,386
down €16,386 (-60.5%), from €27,080 to €10,694
mainly Other debts (-€65,934) and Receivables after one year (-€23,100)
- Other debts -€65,934
down €65,934 (-97.7%), from €67,516 to €1,582
- Profit (loss) carried forward +€62,779
up €62,779 (+62.1%), from €101,041 to €163,820
- Tax, wage and social debts -€16,525
down €16,525 (-15.1%), from €109,705 to €93,180
of which Taxes: -€17,051
- Gross operating margin -€18,880
down €18,880 (-9.8%), from €191,833 to €172,953
- Taxes -€5,960
down €5,960 (-13.6%), from €43,744 to €37,784
- Staff costs +€4,626
new in 2025: €4,626
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 | €652,672 | €631,782 | -€20,889 | -3.2% |
| Fixed assets | 21/28 | €490,375 | €434,887 | -€55,488 | -11.3% |
| Tangible fixed assets | 22/27 | €490,125 | €434,637 | -€55,488 | -11.3% |
| Land and buildings | 22 | €430,570 | €383,992 | -€46,578 | -10.8% |
| Plant, machinery and equipment | 23 | €1,226 | €809 | -€417 | -34.0% |
| Furniture and vehicles | 24 | €21,166 | €16,183 | -€4,983 | -23.5% |
| Other tangible fixed assets | 26 | €37,163 | €33,653 | -€3,510 | -9.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €162,297 | €196,896 | +€34,599 | +21.3% |
| Amounts receivable after more than one year | 29 | €128,600 | €151,700 | +€23,100 | +18.0% |
| Other amounts receivable | 291 | €128,600 | €151,700 | +€23,100 | +18.0% |
| Amounts receivable within one year | 40/41 | €2,215 | €25,262 | +€23,047 | +1,041% |
| Trade receivables | 40 | €2,215 | €25,262 | +€23,047 | +1,041% |
| Cash at bank and in hand | 54/58 | €27,080 | €10,694 | -€16,386 | -60.5% |
| Deferred charges and accrued income | 490/1 | €4,403 | €9,240 | +€4,837 | +110% |
| Total equity and liabilities | 10/49 | €652,672 | €631,782 | -€20,889 | -3.2% |
| Equity | 10/15 | €465,500 | €528,279 | +€62,779 | +13.5% |
| Contributions | 10/11 | €362,000 | €362,000 | = | 0.0% |
| Reserves | 13 | €2,459 | €2,459 | = | 0.0% |
| Distributable reserves | 133 | €2,459 | €2,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,041 | €163,820 | +€62,779 | +62.1% |
| Amounts payable | 17/49 | €187,172 | €103,503 | -€83,669 | -44.7% |
| Amounts payable within one year | 42/48 | €187,172 | €103,503 | -€83,669 | -44.7% |
| Trade debts | 44 | €9,951 | €8,741 | -€1,210 | -12.2% |
| Suppliers | 440/4 | €9,951 | €8,741 | -€1,210 | -12.2% |
| Taxes, remuneration and social security | 45 | €109,705 | €93,180 | -€16,525 | -15.1% |
| Taxes | 450/3 | €109,705 | €92,654 | -€17,051 | -15.5% |
| Remuneration and social security | 454/9 | - | €526 | +€526 | |
| Other amounts payable | 47/48 | €67,516 | €1,582 | -€65,934 | -97.7% |
| Remuneration, social security and pensions | 62 | - | €4,626 | +€4,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,860 | €55,488 | +€628 | +1.1% |
| Other operating charges | 640/8 | €9,547 | €9,475 | -€72 | -0.8% |
| Gross operating margin | 9900 | €191,833 | €172,953 | -€18,880 | -9.8% |
| Operating profit (loss) | 9901 | €127,426 | €103,364 | -€24,062 | -18.9% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €3,036 | €2,801 | -€234 | -7.7% |
| Recurring financial charges | 65 | €3,036 | €2,801 | -€234 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €124,411 | €100,563 | -€23,848 | -19.2% |
| Income taxes | 67/77 | €43,744 | €37,784 | -€5,960 | -13.6% |
| Profit (loss) for the period | 9904 | €80,667 | €62,779 | -€17,888 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €80,667 | €62,779 | -€17,888 | -22.2% |
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 14 October 2026 via checked.be.