VITA NOVA: 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.
VITA NOVA
Largest movements
- Cash -€486,404
down €486,404 (-62.3%), from €780,206 to €293,801
mainly Current investments (-€380,115) and Contributions, distributions and other (-€322,019)
- Current investments +€380,115
up €380,115 (+59.7%), from €636,857 to €1.0m
- Reserves -€141,453
down €141,453 (-19.5%), from €724,006 to €582,553
- Trade debts +€34,679
up €34,679 (+114%), from €30,553 to €65,232
- Financial income -€69,387
down €69,387 (-72.2%), from €96,071 to €26,684
- Gross operating margin +€57,960
up €57,960 (+12.7%), from €454,639 to €512,599
- Staff costs +€25,372
up €25,372 (+12.8%), from €198,638 to €224,011
- Taxes -€15,211
down €15,211 (-15.9%), from €95,432 to €80,221
- Depreciation +€12,287
up €12,287 (+34.0%), from €36,098 to €48,385
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 | €1,806,182 | €1,703,989 | -€102,193 | -5.7% |
| Fixed assets | 21/28 | €127,877 | €110,935 | -€16,941 | -13.2% |
| Tangible fixed assets | 22/27 | €127,877 | €110,935 | -€16,941 | -13.2% |
| Plant, machinery and equipment | 23 | €108,164 | €85,487 | -€22,677 | -21.0% |
| Furniture and vehicles | 24 | €19,713 | €25,448 | +€5,735 | +29.1% |
| Current assets | 29/58 | €1,678,305 | €1,593,054 | -€85,251 | -5.1% |
| Stocks and contracts in progress | 3 | €171,207 | €168,750 | -€2,457 | -1.4% |
| Stocks | 30/36 | €171,207 | €168,750 | -€2,457 | -1.4% |
| Amounts receivable within one year | 40/41 | €77,876 | €95,509 | +€17,633 | +22.6% |
| Trade receivables | 40 | €77,426 | €91,814 | +€14,389 | +18.6% |
| Other amounts receivable | 41 | €450 | €3,695 | +€3,245 | +721% |
| Current investments | 50/53 | €636,857 | €1,016,972 | +€380,115 | +59.7% |
| Cash at bank and in hand | 54/58 | €780,206 | €293,801 | -€486,404 | -62.3% |
| Deferred charges and accrued income | 490/1 | €12,160 | €18,021 | +€5,862 | +48.2% |
| Total equity and liabilities | 10/49 | €1,806,182 | €1,703,989 | -€102,193 | -5.7% |
| Equity | 10/15 | €1,387,356 | €1,243,024 | -€144,332 | -10.4% |
| Contributions | 10/11 | €657,592 | €657,592 | = | 0.0% |
| Reserves | 13 | €724,006 | €582,553 | -€141,453 | -19.5% |
| Distributable reserves | 133 | €724,006 | €582,553 | -€141,453 | -19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €5,758 | €2,879 | -€2,879 | -50.0% |
| Provisions and deferred taxes | 16 | €303 | €152 | -€152 | -50.0% |
| Deferred taxes | 168 | €303 | €152 | -€152 | -50.0% |
| Amounts payable | 17/49 | €418,523 | €460,814 | +€42,291 | +10.1% |
| Amounts payable within one year | 42/48 | €418,523 | €460,814 | +€42,291 | +10.1% |
| Trade debts | 44 | €30,553 | €65,232 | +€34,679 | +114% |
| Suppliers | 440/4 | €30,553 | €65,232 | +€34,679 | +114% |
| Taxes, remuneration and social security | 45 | €35,828 | €36,600 | +€772 | +2.2% |
| Taxes | 450/3 | €9,168 | €2,712 | -€6,457 | -70.4% |
| Remuneration and social security | 454/9 | €26,659 | €33,888 | +€7,229 | +27.1% |
| Other amounts payable | 47/48 | €352,142 | €358,981 | +€6,840 | +1.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,500 | €0 | -€1,500 | -100% |
| Remuneration, social security and pensions | 62 | €198,638 | €224,011 | +€25,372 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,098 | €48,385 | +€12,287 | +34.0% |
| Other operating charges | 640/8 | €5,656 | €7,371 | +€1,716 | +30.3% |
| Gross operating margin | 9900 | €454,639 | €512,599 | +€57,960 | +12.7% |
| Operating profit (loss) | 9901 | €214,247 | €232,832 | +€18,585 | +8.7% |
| Financial income | 75/76B | €96,071 | €26,684 | -€69,387 | -72.2% |
| Recurring financial income | 75 | €96,071 | €26,684 | -€69,387 | -72.2% |
| Financial charges | 65/66B | €2,231 | €1,759 | -€473 | -21.2% |
| Recurring financial charges | 65 | €2,231 | €1,759 | -€473 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €308,086 | €257,756 | -€50,330 | -16.3% |
| Transfer from deferred taxes | 780 | €460 | €152 | -€309 | -67.1% |
| Income taxes | 67/77 | €95,432 | €80,221 | -€15,211 | -15.9% |
| Profit (loss) for the period | 9904 | €213,115 | €177,687 | -€35,428 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €213,115 | €177,687 | -€35,428 | -16.6% |
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 26 October 2026 via checked.be.