VITALE ESTATE: 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.
VITALE ESTATE
Largest movements
- Cash +€12,677
up €12,677 (+205%), from €6,181 to €18,858
mainly Net result for the year (+€13,928)
- Profit (loss) carried forward +€13,928
up €13,928 (+14.4%), from €96,778 to €110,706
- Gross operating margin -€6,868
down €6,868 (-22.9%), from €30,000 to €23,132
- Purchases and services +€6,868
new in 2025: €6,868
- Other operating charges +€3,386
up €3,386 (+780%), from €434 to €3,820
- Taxes -€2,833
down €2,833 (-35.1%), from €8,064 to €5,231
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 | €211,181 | €223,858 | +€12,677 | +6.0% |
| Fixed assets | 21/28 | €100,000 | €100,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €100,000 | €100,000 | = | 0.0% |
| Land and buildings | 22 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €111,181 | €123,858 | +€12,677 | +11.4% |
| Cash at bank and in hand | 54/58 | €6,181 | €18,858 | +€12,677 | +205% |
| Deferred charges and accrued income | 490/1 | €105,000 | €105,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €211,181 | €223,858 | +€12,677 | +6.0% |
| Equity | 10/15 | €196,778 | €210,706 | +€13,928 | +7.1% |
| Contributions | 10/11 | €75,522 | €75,522 | = | 0.0% |
| Reserves | 13 | €24,478 | €24,478 | = | 0.0% |
| Distributable reserves | 133 | €24,478 | €24,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,778 | €110,706 | +€13,928 | +14.4% |
| Amounts payable | 17/49 | €14,403 | €13,152 | -€1,251 | -8.7% |
| Amounts payable within one year | 42/48 | €14,403 | €13,152 | -€1,251 | -8.7% |
| Taxes, remuneration and social security | 45 | €14,403 | €13,152 | -€1,251 | -8.7% |
| Taxes | 450/3 | €14,403 | €13,152 | -€1,251 | -8.7% |
| Turnover | 70 | €30,000 | €30,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,868 | +€6,868 | |
| Other operating charges | 640/8 | €434 | €3,820 | +€3,386 | +780% |
| Gross operating margin | 9900 | €30,000 | €23,132 | -€6,868 | -22.9% |
| Operating profit (loss) | 9901 | €29,566 | €19,313 | -€10,253 | -34.7% |
| Financial charges | 65/66B | €66 | €154 | +€88 | +133% |
| Recurring financial charges | 65 | €66 | €154 | +€88 | +133% |
| Profit (loss) for the period before taxes | 9903 | €29,500 | €19,159 | -€10,341 | -35.1% |
| Income taxes | 67/77 | €8,064 | €5,231 | -€2,833 | -35.1% |
| Profit (loss) for the period | 9904 | €21,436 | €13,928 | -€7,509 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,436 | €13,928 | -€7,509 | -35.0% |
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 26 October 2026 via checked.be.