VITALECO: 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.
VITALECO
Largest movements
- Receivables within one year +€3,583
up €3,583 (+148%), from €2,420 to €6,003
- Cash +€2,684
up €2,684 (+391%), from €686 to €3,370
mainly Net result for the year (+€41,093) and Tax, wage and social debts (+€6,120)
- Profit (loss) carried forward +€41,093
up €41,093, from -€40,397 to €696
- Debts after one year -€26,059
down €26,059 (-14.9%), from €174,543 to €148,484
- Other debts -€13,794
down €13,794 (-24.6%), from €56,177 to €42,383
- Tax, wage and social debts +€6,120
up €6,120 (+172%), from €3,563 to €9,683
- Gross operating margin +€17,161
up €17,161 (+73.9%), from €23,214 to €40,375
- Financial income +€13,875
new in 2025: €13,875
- Taxes +€5,511
new in 2025: €5,511
- Financial charges -€853
down €853 (-21.7%), from €3,929 to €3,076
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 | €226,214 | €233,840 | +€7,626 | +3.4% |
| Fixed assets | 21/28 | €223,108 | €224,273 | +€1,165 | +0.5% |
| Tangible fixed assets | 22/27 | €223,108 | €224,273 | +€1,165 | +0.5% |
| Land and buildings | 22 | €223,108 | €224,273 | +€1,165 | +0.5% |
| Current assets | 29/58 | €3,106 | €9,567 | +€6,461 | +208% |
| Amounts receivable within one year | 40/41 | €2,420 | €6,003 | +€3,583 | +148% |
| Trade receivables | 40 | €2,420 | €6,003 | +€3,583 | +148% |
| Cash at bank and in hand | 54/58 | €686 | €3,370 | +€2,684 | +391% |
| Deferred charges and accrued income | 490/1 | - | €195 | +€195 | |
| Total equity and liabilities | 10/49 | €226,214 | €233,840 | +€7,626 | +3.4% |
| Equity | 10/15 | -€34,197 | €6,896 | +€41,093 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | -€40,397 | €696 | +€41,093 | |
| Amounts payable | 17/49 | €260,411 | €226,943 | -€33,468 | -12.9% |
| Amounts payable after more than one year | 17 | €174,543 | €148,484 | -€26,059 | -14.9% |
| Financial debts | 170/4 | €174,543 | €148,484 | -€26,059 | -14.9% |
| Amounts payable within one year | 42/48 | €85,868 | €78,460 | -€7,408 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €25,653 | €26,059 | +€406 | +1.6% |
| Trade debts | 44 | €475 | €335 | -€140 | -29.6% |
| Suppliers | 440/4 | €475 | €335 | -€140 | -29.6% |
| Taxes, remuneration and social security | 45 | €3,563 | €9,683 | +€6,120 | +172% |
| Taxes | 450/3 | €3,563 | €9,683 | +€6,120 | +172% |
| Other amounts payable | 47/48 | €56,177 | €42,383 | -€13,794 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,801 | €3,935 | +€134 | +3.5% |
| Other operating charges | 640/8 | €844 | €635 | -€209 | -24.8% |
| Gross operating margin | 9900 | €23,214 | €40,375 | +€17,161 | +73.9% |
| Operating profit (loss) | 9901 | €18,569 | €35,805 | +€17,236 | +92.8% |
| Financial income | 75/76B | - | €13,875 | +€13,875 | |
| Recurring financial income | 75 | - | €13,875 | +€13,875 | |
| Financial charges | 65/66B | €3,929 | €3,076 | -€853 | -21.7% |
| Recurring financial charges | 65 | €3,929 | €3,076 | -€853 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €14,640 | €46,604 | +€31,964 | +218% |
| Income taxes | 67/77 | - | €5,511 | +€5,511 | |
| Profit (loss) for the period | 9904 | €14,640 | €41,093 | +€26,453 | +181% |
| Profit (loss) for the period to be appropriated | 9905 | €14,640 | €41,093 | +€26,453 | +181% |
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 30 October 2026 via checked.be.