Vitalconstruct: 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.
Vitalconstruct
Largest movements
- Receivables within one year -€41,994
down €41,994 (-11.5%), from €366,705 to €324,711
of which Trade receivables: -€81,894
- Tangible fixed assets -€22,485
down €22,485 (-26.6%), from €84,685 to €62,200
of which Leasing and similar rights: -€17,079
- Cash +€11,042
up €11,042 (+3026.0%), from €365 to €11,406
mainly Receivables within one year (+€41,994) and Depreciation (+€24,805)
- Other debts -€18,419
down €18,419 (-38.0%), from €48,419 to €30,000
- Trade debts -€17,782
down €17,782 (-7.5%), from €235,729 to €217,947
- Debts after one year -€14,287
down €14,287 (-23.3%), from €61,424 to €47,137
- Current portion of long-term debt -€6,576
down €6,576 (-31.5%), from €20,863 to €14,287
- Profit (loss) carried forward +€5,090
up €5,090 (+7.3%), from €69,843 to €74,933
- Other operating charges -€5,920
down €5,920 (-60.2%), from €9,832 to €3,912
- Taxes +€3,223
up €3,223 (+71.3%), from €4,523 to €7,745
- Gross operating margin -€3,040
down €3,040 (-5.8%), from €52,479 to €49,439
- Financial income +€1,067
up €1,067 (+124093.0%), from €1 to €1,068
- Depreciation -€882
down €882 (-3.4%), from €25,687 to €24,805
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 | €454,398 | €400,109 | -€54,288 | -11.9% |
| Fixed assets | 21/28 | €84,685 | €62,200 | -€22,485 | -26.6% |
| Tangible fixed assets | 22/27 | €84,685 | €62,200 | -€22,485 | -26.6% |
| Plant, machinery and equipment | 23 | €8,019 | €4,824 | -€3,195 | -39.8% |
| Furniture and vehicles | 24 | €5,037 | €2,826 | -€2,211 | -43.9% |
| Leasing and similar rights | 25 | €71,629 | €54,550 | -€17,079 | -23.8% |
| Current assets | 29/58 | €369,712 | €337,909 | -€31,804 | -8.6% |
| Amounts receivable within one year | 40/41 | €366,705 | €324,711 | -€41,994 | -11.5% |
| Trade receivables | 40 | €347,799 | €265,905 | -€81,894 | -23.5% |
| Other amounts receivable | 41 | €18,906 | €58,806 | +€39,899 | +211.0% |
| Cash at bank and in hand | 54/58 | €365 | €11,406 | +€11,042 | +3026.0% |
| Deferred charges and accrued income | 490/1 | €2,642 | €1,792 | -€851 | -32.2% |
| Total equity and liabilities | 10/49 | €454,398 | €400,109 | -€54,288 | -11.9% |
| Equity | 10/15 | €77,903 | €82,993 | +€5,090 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,843 | €74,933 | +€5,090 | +7.3% |
| Amounts payable | 17/49 | €376,494 | €317,116 | -€59,378 | -15.8% |
| Amounts payable after more than one year | 17 | €61,424 | €47,137 | -€14,287 | -23.3% |
| Financial debts | 170/4 | €61,424 | €47,137 | -€14,287 | -23.3% |
| Amounts payable within one year | 42/48 | €315,070 | €269,979 | -€45,091 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €20,863 | €14,287 | -€6,576 | -31.5% |
| Trade debts | 44 | €235,729 | €217,947 | -€17,782 | -7.5% |
| Suppliers | 440/4 | €235,729 | €217,947 | -€17,782 | -7.5% |
| Taxes, remuneration and social security | 45 | €10,060 | €7,745 | -€2,315 | -23.0% |
| Taxes | 450/3 | €10,060 | €7,745 | -€2,315 | -23.0% |
| Other amounts payable | 47/48 | €48,419 | €30,000 | -€18,419 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,687 | €24,805 | -€882 | -3.4% |
| Other operating charges | 640/8 | €9,832 | €3,912 | -€5,920 | -60.2% |
| Gross operating margin | 9900 | €52,479 | €49,439 | -€3,040 | -5.8% |
| Operating profit (loss) | 9901 | €16,960 | €20,722 | +€3,762 | +22.2% |
| Financial income | 75/76B | €1 | €1,068 | +€1,067 | +124093.0% |
| Recurring financial income | 75 | €1 | €1,068 | +€1,067 | +124093.0% |
| Financial charges | 65/66B | €8,235 | €8,955 | +€720 | +8.7% |
| Recurring financial charges | 65 | €8,235 | €8,955 | +€720 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €8,726 | €12,835 | +€4,109 | +47.1% |
| Income taxes | 67/77 | €4,523 | €7,745 | +€3,223 | +71.3% |
| Profit (loss) for the period | 9904 | €4,203 | €5,090 | +€886 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,203 | €5,090 | +€886 | +21.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.