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.
What changed
VITA NOVA
NACE 03.110, Fishing and aquaculture
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€23,398
2023 · €685,113-€661,716
Equity
€2.4m
2023 · €2.4m-€45,237
Cash
€599,964
2023 · €291,224+€308,740
Balance sheet total
€6.9m
2023 · €7.6m-€679,914
Largest movements
Assets
- Deferred charges and accrued income -€553,931
down €553,931 (-97.6%), from €567,468 to €13,536
- Tangible fixed assets -€376,926
down €376,926 (-6.3%), from €6.0m to €5.6m
of which Plant, machinery and equipment: -€363,212
- Cash +€308,740
up €308,740 (+106%), from €291,224 to €599,964
mainly Deferred charges and accrued income (+€553,931) and Depreciation (+€396,174)
Equity and liabilities
- Debts after one year -€248,000
down €248,000 (-6.1%), from €4.1m to €3.8m
- Trade debts -€221,781
down €221,781 (-77.9%), from €284,819 to €63,037
- Other debts -€151,562
down €151,562 (-37.3%), from €406,756 to €255,194
Income statement
- Gross operating margin -€809,961
down €809,961 (-39.4%), from €2.1m to €1.2m
- Staff costs -€98,214
down €98,214 (-12.1%), from €809,966 to €711,752
- Taxes -€71,850
down €71,850 (-81.4%), from €88,285 to €16,434
From the 2023 result to the 2024 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.
Result 2023
€685,113
Gross operating margin
-€809,961
Staff costs
+€98,214
Depreciation
-€17,961
Other operating charges
-€4,548
Financial income
-€1,304
Financial charges
+€511
Taxes
+€71,850
Deferred taxes and other
+€1,483
Result 2024
€23,398
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€657,282
Investment
-€18,574
Financing
-€329,968
Cash 2023
€291,224
From operations (derived)
+€657,282
Net result for the year
+€23,398
Depreciation
+€396,174
Receivables within one year
+€57,123
Deferred charges and accrued income
+€553,931
Provisions
-€17,139
Trade debts
-€221,781
Tax, wage and social debts
+€21,214
Other debts
-€151,562
Accrued charges and deferred income
-€4,076
Investment (derived)
-€18,574
Investment in fixed assets (net)
-€18,574
Financing
-€329,968
Debts after one year
-€248,000
Current portion of long-term debt
-€13,333
Contributions, distributions and other
-€68,635
Cash 2024
€599,964
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,619,127 | €6,939,212 | -€679,914 | -8.9% |
| Fixed assets | 21/28 | €6,055,926 | €5,678,326 | -€377,600 | -6.2% |
| Intangible fixed assets | 21 | €6,072 | €5,398 | -€675 | -11.1% |
| Tangible fixed assets | 22/27 | €6,024,950 | €5,648,025 | -€376,926 | -6.3% |
| Land and buildings | 22 | €132,415 | €123,493 | -€8,923 | -6.7% |
| Plant, machinery and equipment | 23 | €5,882,748 | €5,519,536 | -€363,212 | -6.2% |
| Furniture and vehicles | 24 | €9,787 | €4,996 | -€4,791 | -49.0% |
| Financial fixed assets | 28 | €24,903 | €24,903 | = | 0.0% |
| Current assets | 29/58 | €1,563,201 | €1,260,887 | -€302,314 | -19.3% |
| Amounts receivable within one year | 40/41 | €512,960 | €455,837 | -€57,123 | -11.1% |
| Trade receivables | 40 | €90,000 | €9,179 | -€80,821 | -89.8% |
| Other amounts receivable | 41 | €422,960 | €446,659 | +€23,698 | +5.6% |
| Current investments | 50/53 | €191,549 | €191,549 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €291,224 | €599,964 | +€308,740 | +106% |
| Deferred charges and accrued income | 490/1 | €567,468 | €13,536 | -€553,931 | -97.6% |
| Total equity and liabilities | 10/49 | €7,619,127 | €6,939,212 | -€679,914 | -8.9% |
| Equity | 10/15 | €2,418,222 | €2,372,985 | -€45,237 | -1.9% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,880,538 | €1,903,935 | +€23,398 | +1.2% |
| Distributable reserves | 133 | €1,880,538 | €1,903,935 | +€23,398 | +1.2% |
| Profit (loss) carried forward | 14 | €37,772 | €37,772 | = | 0.0% |
| Investment grants | 15 | €434,912 | €366,278 | -€68,635 | -15.8% |
| Provisions and deferred taxes | 16 | €108,728 | €91,589 | -€17,139 | -15.8% |
| Deferred taxes | 168 | €108,728 | €91,589 | -€17,139 | -15.8% |
| Amounts payable | 17/49 | €5,092,176 | €4,474,638 | -€617,538 | -12.1% |
| Amounts payable after more than one year | 17 | €4,090,666 | €3,842,666 | -€248,000 | -6.1% |
| Financial debts | 170/4 | €4,090,666 | €3,842,666 | -€248,000 | -6.1% |
| Amounts payable within one year | 42/48 | €997,434 | €631,972 | -€365,462 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €261,333 | €248,000 | -€13,333 | -5.1% |
| Trade debts | 44 | €284,819 | €63,037 | -€221,781 | -77.9% |
| Suppliers | 440/4 | €284,819 | €63,037 | -€221,781 | -77.9% |
| Taxes, remuneration and social security | 45 | €44,526 | €65,741 | +€21,214 | +47.6% |
| Taxes | 450/3 | €24,094 | €662 | -€23,432 | -97.3% |
| Remuneration and social security | 454/9 | €20,432 | €65,079 | +€44,647 | +219% |
| Other amounts payable | 47/48 | €406,756 | €255,194 | -€151,562 | -37.3% |
| Accrued charges and deferred income | 492/3 | €4,076 | - | -€4,076 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €809,966 | €711,752 | -€98,214 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378,214 | €396,174 | +€17,961 | +4.7% |
| Other operating charges | 640/8 | €3,084 | €7,631 | +€4,548 | +147% |
| Gross operating margin | 9900 | €2,054,327 | €1,244,365 | -€809,961 | -39.4% |
| Operating profit (loss) | 9901 | €863,063 | €128,807 | -€734,256 | -85.1% |
| Financial income | 75/76B | €86,627 | €85,322 | -€1,304 | -1.5% |
| Recurring financial income | 75 | €86,627 | €85,322 | -€1,304 | -1.5% |
| Financial charges | 65/66B | €191,947 | €191,436 | -€511 | -0.3% |
| Recurring financial charges | 65 | €191,947 | €191,436 | -€511 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €757,742 | €22,693 | -€735,049 | -97.0% |
| Transfer from deferred taxes | 780 | €15,656 | €17,139 | +€1,483 | +9.5% |
| Income taxes | 67/77 | €88,285 | €16,434 | -€71,850 | -81.4% |
| Profit (loss) for the period | 9904 | €685,113 | €23,398 | -€661,716 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €685,113 | €23,398 | -€661,716 | -96.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.