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
- Cash +€29,280
up €29,280 (+101%), from €29,032 to €58,313
mainly Receivables within one year (+€15,704) and Depreciation (+€10,702)
- Receivables within one year -€15,704
down €15,704 (-58.6%), from €26,807 to €11,104
of which Trade receivables: -€11,805
- Tangible fixed assets -€9,659
down €9,659 (-38.4%), from €25,174 to €15,515
of which Plant, machinery and equipment: -€8,860
- Reserves +€50,019
up €50,019 (+653%), from €7,658 to €57,676
- Profit (loss) carried forward -€45,822
no longer reported in 2025 (was €45,822)
- Tax, wage and social debts +€6,122
up €6,122 (+165%), from €3,707 to €9,829
- Trade debts -€2,371
down €2,371 (-44.8%), from €5,289 to €2,918
- Debts after one year -€2,219
no longer reported in 2025 (was €2,219)
- Gross operating margin +€7,456
up €7,456 (+47.0%), from €15,880 to €23,336
- Taxes +€6,942
up €6,942 (+679%), from €1,022 to €7,965
- Depreciation -€672
down €672 (-5.9%), from €11,374 to €10,702
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 | €83,027 | €86,052 | +€3,025 | +3.6% |
| Fixed assets | 21/28 | €25,274 | €15,515 | -€9,759 | -38.6% |
| Tangible fixed assets | 22/27 | €25,174 | €15,515 | -€9,659 | -38.4% |
| Plant, machinery and equipment | 23 | €23,704 | €14,844 | -€8,860 | -37.4% |
| Furniture and vehicles | 24 | €1,470 | €672 | -€798 | -54.3% |
| Financial fixed assets | 28 | €100 | - | -€100 | |
| Current assets | 29/58 | €57,753 | €70,537 | +€12,783 | +22.1% |
| Amounts receivable within one year | 40/41 | €26,807 | €11,104 | -€15,704 | -58.6% |
| Trade receivables | 40 | €22,816 | €11,011 | -€11,805 | -51.7% |
| Other amounts receivable | 41 | €3,991 | €92 | -€3,899 | -97.7% |
| Cash at bank and in hand | 54/58 | €29,032 | €58,313 | +€29,280 | +101% |
| Deferred charges and accrued income | 490/1 | €1,914 | €1,120 | -€793 | -41.5% |
| Total equity and liabilities | 10/49 | €83,027 | €86,052 | +€3,025 | +3.6% |
| Equity | 10/15 | €66,879 | €71,076 | +€4,197 | +6.3% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Reserves | 13 | €7,658 | €57,676 | +€50,019 | +653% |
| Distributable reserves | 133 | €7,658 | €57,676 | +€50,019 | +653% |
| Profit (loss) carried forward | 14 | €45,822 | - | -€45,822 | |
| Amounts payable | 17/49 | €16,148 | €14,975 | -€1,173 | -7.3% |
| Amounts payable after more than one year | 17 | €2,219 | - | -€2,219 | |
| Financial debts | 170/4 | €2,219 | - | -€2,219 | |
| Amounts payable within one year | 42/48 | €13,929 | €14,975 | +€1,046 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €3,283 | €2,219 | -€1,064 | -32.4% |
| Trade debts | 44 | €5,289 | €2,918 | -€2,371 | -44.8% |
| Suppliers | 440/4 | €5,289 | €2,918 | -€2,371 | -44.8% |
| Taxes, remuneration and social security | 45 | €3,707 | €9,829 | +€6,122 | +165% |
| Taxes | 450/3 | €3,707 | €9,829 | +€6,122 | +165% |
| Other amounts payable | 47/48 | €1,649 | €10 | -€1,640 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,374 | €10,702 | -€672 | -5.9% |
| Other operating charges | 640/8 | €219 | €274 | +€55 | +25.0% |
| Gross operating margin | 9900 | €15,880 | €23,336 | +€7,456 | +47.0% |
| Operating profit (loss) | 9901 | €4,287 | €12,361 | +€8,073 | +188% |
| Financial income | 75/76B | €47 | €183 | +€137 | +292% |
| Recurring financial income | 75 | €47 | €183 | +€137 | +292% |
| Financial charges | 65/66B | €590 | €382 | -€208 | -35.3% |
| Recurring financial charges | 65 | €590 | €382 | -€208 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €3,744 | €12,162 | +€8,418 | +225% |
| Income taxes | 67/77 | €1,022 | €7,965 | +€6,942 | +679% |
| Profit (loss) for the period | 9904 | €2,721 | €4,197 | +€1,476 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,721 | €4,197 | +€1,476 | +54.2% |
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 16 October 2026 via checked.be.