VITAH: 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.
VITAH
Largest movements
- Cash +€71,003
up €71,003 (+128.6%), from €55,215 to €126,218
mainly Net result for the year (+€44,853) and Tax, wage and social debts (+€13,632)
- Tangible fixed assets -€8,028
down €8,028 (-21.1%), from €38,079 to €30,052
- Deferred charges and accrued income +€3,196
up €3,196 (+270.7%), from €1,181 to €4,376
- Reserves +€44,930
up €44,930 (+446.6%), from €10,061 to €54,991
- Tax, wage and social debts +€13,632
up €13,632 (+66.3%), from €20,564 to €34,196
- Other debts +€8,682
up €8,682 (+54.6%), from €15,906 to €24,588
- Depreciation +€4,003
up €4,003 (+80.2%), from €4,993 to €8,996
- Gross operating margin +€2,627
up €2,627 (+3.8%), from €68,977 to €71,604
- Other operating charges -€1,093
down €1,093 (-61.1%), from €1,788 to €695
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.
Cash bridge derived
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 | €94,475 | €160,875 | +€66,401 | +70.3% |
| Fixed assets | 21/28 | €38,079 | €30,052 | -€8,028 | -21.1% |
| Tangible fixed assets | 22/27 | €38,079 | €30,052 | -€8,028 | -21.1% |
| Furniture and vehicles | 24 | €38,079 | €30,052 | -€8,028 | -21.1% |
| Current assets | 29/58 | €56,395 | €130,824 | +€74,428 | +132.0% |
| Amounts receivable within one year | 40/41 | - | €229 | +€229 | |
| Trade receivables | 40 | - | €229 | +€229 | |
| Cash at bank and in hand | 54/58 | €55,215 | €126,218 | +€71,003 | +128.6% |
| Deferred charges and accrued income | 490/1 | €1,181 | €4,376 | +€3,196 | +270.7% |
| Total equity and liabilities | 10/49 | €94,475 | €160,875 | +€66,401 | +70.3% |
| Equity | 10/15 | €56,991 | €101,844 | +€44,853 | +78.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,061 | €54,991 | +€44,930 | +446.6% |
| Distributable reserves | 133 | €10,061 | €54,991 | +€44,930 | +446.6% |
| Profit (loss) carried forward | 14 | €44,930 | €44,853 | -€77 | -0.2% |
| Amounts payable | 17/49 | €37,484 | €59,032 | +€21,548 | +57.5% |
| Amounts payable within one year | 42/48 | €37,484 | €59,032 | +€21,548 | +57.5% |
| Trade debts | 44 | €1,014 | €248 | -€767 | -75.6% |
| Suppliers | 440/4 | €1,014 | €248 | -€767 | -75.6% |
| Taxes, remuneration and social security | 45 | €20,564 | €34,196 | +€13,632 | +66.3% |
| Taxes | 450/3 | €20,564 | €34,196 | +€13,632 | +66.3% |
| Other amounts payable | 47/48 | €15,906 | €24,588 | +€8,682 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,993 | €8,996 | +€4,003 | +80.2% |
| Other operating charges | 640/8 | €1,788 | €695 | -€1,093 | -61.1% |
| Gross operating margin | 9900 | €68,977 | €71,604 | +€2,627 | +3.8% |
| Operating profit (loss) | 9901 | €62,196 | €61,914 | -€282 | -0.5% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €56 | €79 | +€23 | +41.1% |
| Recurring financial charges | 65 | €56 | €79 | +€23 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €62,140 | €61,839 | -€302 | -0.5% |
| Income taxes | 67/77 | €17,210 | €16,985 | -€225 | -1.3% |
| Profit (loss) for the period | 9904 | €44,930 | €44,853 | -€77 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,930 | €44,853 | -€77 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.