VITAL: 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.
VITAL
Largest movements
- Current investments -€34,000
down €34,000 (-100%), from €34,000 to €0
- Cash +€9,231
up €9,231 (+22.7%), from €40,588 to €49,819
mainly Net result for the year (+€48,095) and Current investments (+€34,000)
- Financial fixed assets -€4,725
down €4,725 (-100%), from €4,725 to €0
- Tangible fixed assets -€2,000
down €2,000 (-8.1%), from €24,754 to €22,754
- Receivables within one year -€1,378
down €1,378 (-46.3%), from €2,974 to €1,596
of which Trade receivables: -€1,378
- Other debts -€42,151
down €42,151 (-50.5%), from €83,419 to €41,268
- Reserves +€8,095
up €8,095 (+81.3%), from €9,962 to €18,057
- Tax, wage and social debts +€1,556
up €1,556 (+15.7%), from €9,888 to €11,445
- Taxes +€8,703
up €8,703 (+53.9%), from €16,137 to €24,840
- Gross operating margin +€1,836
up €1,836 (+2.4%), from €74,925 to €76,761
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 | €107,041 | €74,170 | -€32,872 | -30.7% |
| Fixed assets | 21/28 | €29,479 | €22,754 | -€6,725 | -22.8% |
| Tangible fixed assets | 22/27 | €24,754 | €22,754 | -€2,000 | -8.1% |
| Land and buildings | 22 | €24,754 | €22,754 | -€2,000 | -8.1% |
| Financial fixed assets | 28 | €4,725 | €0 | -€4,725 | -100% |
| Current assets | 29/58 | €77,562 | €51,415 | -€26,146 | -33.7% |
| Amounts receivable within one year | 40/41 | €2,974 | €1,596 | -€1,378 | -46.3% |
| Trade receivables | 40 | €1,378 | €0 | -€1,378 | -100% |
| Other amounts receivable | 41 | €1,596 | €1,596 | = | 0.0% |
| Current investments | 50/53 | €34,000 | €0 | -€34,000 | -100% |
| Cash at bank and in hand | 54/58 | €40,588 | €49,819 | +€9,231 | +22.7% |
| Total equity and liabilities | 10/49 | €107,041 | €74,170 | -€32,872 | -30.7% |
| Equity | 10/15 | €12,962 | €21,057 | +€8,095 | +62.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,962 | €18,057 | +€8,095 | +81.3% |
| Distributable reserves | 133 | €9,962 | €18,057 | +€8,095 | +81.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €94,079 | €53,113 | -€40,967 | -43.5% |
| Amounts payable within one year | 42/48 | €94,079 | €53,113 | -€40,967 | -43.5% |
| Trade debts | 44 | €772 | €400 | -€372 | -48.2% |
| Suppliers | 440/4 | €772 | €400 | -€372 | -48.2% |
| Taxes, remuneration and social security | 45 | €9,888 | €11,445 | +€1,556 | +15.7% |
| Taxes | 450/3 | €9,888 | €11,445 | +€1,556 | +15.7% |
| Other amounts payable | 47/48 | €83,419 | €41,268 | -€42,151 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,431 | €1,353 | -€78 | -5.5% |
| Gross operating margin | 9900 | €74,925 | €76,761 | +€1,836 | +2.4% |
| Operating profit (loss) | 9901 | €71,494 | €73,408 | +€1,914 | +2.7% |
| Financial charges | 65/66B | €645 | €472 | -€173 | -26.8% |
| Recurring financial charges | 65 | €645 | €472 | -€173 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €70,849 | €72,936 | +€2,087 | +2.9% |
| Income taxes | 67/77 | €16,137 | €24,840 | +€8,703 | +53.9% |
| Profit (loss) for the period | 9904 | €54,712 | €48,095 | -€6,617 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,712 | €48,095 | -€6,617 | -12.1% |
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 17 October 2026 via checked.be.