VITABULLE: 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.
VITABULLE
Largest movements
- Receivables within one year +€22,615
up €22,615 (+1491.6%), from €1,516 to €24,131
of which Trade receivables: +€22,570
- Deferred charges and accrued income -€17,694
down €17,694 (-42.7%), from €41,422 to €23,728
- Cash -€7,653
down €7,653 (-14.2%), from €53,799 to €46,146
mainly Receivables within one year (-€22,615) and Debts after one year (-€11,995)
- Tangible fixed assets -€5,437
down €5,437 (-33.4%), from €16,279 to €10,842
of which Other tangible fixed assets: -€4,762
- Stocks and contracts +€4,455
up €4,455 (+6.9%), from €64,096 to €68,550
- Tax, wage and social debts +€16,962
up €16,962 (+31.1%), from €54,540 to €71,502
of which Taxes: +€24,221
- Debts after one year -€11,995
down €11,995 (-36.7%), from €32,707 to €20,712
- Trade debts -€10,778
down €10,778 (-21.4%), from €50,390 to €39,612
- Profit (loss) carried forward +€5,537
up €5,537 (+33.6%), from -€16,474 to -€10,937
- Current portion of long-term debt -€2,219
down €2,219 (-18.1%), from €12,237 to €10,018
- Staff costs -€21,904
down €21,904 (-47.6%), from €46,032 to €24,128
- Gross operating margin -€18,951
down €18,951 (-32.2%), from €58,789 to €39,838
- Taxes -€12,355
no longer reported in 2024 (was €12,355)
- Depreciation -€8,888
down €8,888 (-60.9%), from €14,594 to €5,706
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,529 | €192,546 | -€3,983 | -2.0% |
| Fixed assets | 21/28 | €23,035 | €17,329 | -€5,706 | -24.8% |
| Intangible fixed assets | 21 | €556 | €287 | -€269 | -48.3% |
| Tangible fixed assets | 22/27 | €16,279 | €10,842 | -€5,437 | -33.4% |
| Furniture and vehicles | 24 | €2,077 | €1,403 | -€675 | -32.5% |
| Other tangible fixed assets | 26 | €14,202 | €9,439 | -€4,762 | -33.5% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €173,494 | €175,217 | +€1,723 | +1.0% |
| Amounts receivable after more than one year | 29 | €12,661 | €12,661 | = | 0.0% |
| Other amounts receivable | 291 | €12,661 | €12,661 | = | 0.0% |
| Stocks and contracts in progress | 3 | €64,096 | €68,550 | +€4,455 | +6.9% |
| Stocks | 30/36 | €64,096 | €68,550 | +€4,455 | +6.9% |
| Amounts receivable within one year | 40/41 | €1,516 | €24,131 | +€22,615 | +1491.6% |
| Trade receivables | 40 | €79 | €22,649 | +€22,570 | +28675.0% |
| Other amounts receivable | 41 | €1,437 | €1,482 | +€45 | +3.1% |
| Cash at bank and in hand | 54/58 | €53,799 | €46,146 | -€7,653 | -14.2% |
| Deferred charges and accrued income | 490/1 | €41,422 | €23,728 | -€17,694 | -42.7% |
| Total equity and liabilities | 10/49 | €196,529 | €192,546 | -€3,983 | -2.0% |
| Equity | 10/15 | €27,526 | €33,063 | +€5,537 | +20.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,474 | -€10,937 | +€5,537 | +33.6% |
| Amounts payable | 17/49 | €169,003 | €159,483 | -€9,519 | -5.6% |
| Amounts payable after more than one year | 17 | €32,707 | €20,712 | -€11,995 | -36.7% |
| Financial debts | 170/4 | €32,707 | €20,712 | -€11,995 | -36.7% |
| Amounts payable within one year | 42/48 | €136,296 | €138,771 | +€2,476 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €12,237 | €10,018 | -€2,219 | -18.1% |
| Trade debts | 44 | €50,390 | €39,612 | -€10,778 | -21.4% |
| Suppliers | 440/4 | €50,390 | €39,612 | -€10,778 | -21.4% |
| Taxes, remuneration and social security | 45 | €54,540 | €71,502 | +€16,962 | +31.1% |
| Taxes | 450/3 | €34,157 | €58,377 | +€24,221 | +70.9% |
| Remuneration and social security | 454/9 | €20,384 | €13,125 | -€7,259 | -35.6% |
| Other amounts payable | 47/48 | €19,128 | €17,639 | -€1,489 | -7.8% |
| Remuneration, social security and pensions | 62 | €46,032 | €24,128 | -€21,904 | -47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,594 | €5,706 | -€8,888 | -60.9% |
| Other operating charges | 640/8 | €1,724 | €1,485 | -€239 | -13.9% |
| Gross operating margin | 9900 | €58,789 | €39,838 | -€18,951 | -32.2% |
| Operating profit (loss) | 9901 | -€3,561 | €8,519 | +€12,080 | |
| Financial income | 75/76B | €177 | €24 | -€153 | -86.5% |
| Recurring financial income | 75 | €177 | €24 | -€153 | -86.5% |
| Financial charges | 65/66B | €3,134 | €3,006 | -€128 | -4.1% |
| Recurring financial charges | 65 | €3,134 | €3,006 | -€128 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,519 | €5,537 | +€12,055 | |
| Income taxes | 67/77 | €12,355 | - | -€12,355 | |
| Profit (loss) for the period | 9904 | -€18,873 | €5,537 | +€24,410 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,873 | €5,537 | +€24,410 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.