VITALI: 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.
VITALI
Largest movements
- Tangible fixed assets -€10,112
down €10,112 (-3.6%), from €283,297 to €273,185
of which Land and buildings: -€13,492
- Cash +€5,396
up €5,396 (+17.1%), from €31,494 to €36,890
mainly Net result for the year (+€21,986) and Depreciation (+€14,358)
- Debts after one year -€29,191
down €29,191 (-23.3%), from €125,450 to €96,259
- Profit (loss) carried forward +€21,986
up €21,986 (+17.7%), from €124,147 to €146,133
- Tax, wage and social debts +€6,635
up €6,635 (+281%), from €2,365 to €9,000
of which Taxes: +€8,647
- Trade debts -€4,720
down €4,720 (-60.8%), from €7,764 to €3,044
- Gross operating margin +€42,596
up €42,596 (+295%), from €14,436 to €57,032
- Taxes +€9,080
up €9,080 (+167%), from €5,423 to €14,503
- Provisions +€6,000
no longer reported in 2025 (was -€6,000)
- Financial charges +€4,429
up €4,429 (+334%), from €1,325 to €5,754
of which Financial charges: +€4,429
- Depreciation +€3,209
up €3,209 (+28.8%), from €11,149 to €14,358
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 | €315,121 | €310,405 | -€4,716 | -1.5% |
| Fixed assets | 21/28 | €283,627 | €273,515 | -€10,112 | -3.6% |
| Tangible fixed assets | 22/27 | €283,297 | €273,185 | -€10,112 | -3.6% |
| Land and buildings | 22 | €282,329 | €268,837 | -€13,492 | -4.8% |
| Furniture and vehicles | 24 | €968 | €4,348 | +€3,380 | +349% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €31,494 | €36,890 | +€5,396 | +17.1% |
| Cash at bank and in hand | 54/58 | €31,494 | €36,890 | +€5,396 | +17.1% |
| Total equity and liabilities | 10/49 | €315,121 | €310,405 | -€4,716 | -1.5% |
| Equity | 10/15 | €127,147 | €149,133 | +€21,986 | +17.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,147 | €146,133 | +€21,986 | +17.7% |
| Amounts payable | 17/49 | €187,974 | €161,272 | -€26,702 | -14.2% |
| Amounts payable after more than one year | 17 | €125,450 | €96,259 | -€29,191 | -23.3% |
| Financial debts | 170/4 | €125,450 | €96,259 | -€29,191 | -23.3% |
| Amounts payable within one year | 42/48 | €62,524 | €65,013 | +€2,489 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €29,189 | €29,190 | +€1 | 0.0% |
| Trade debts | 44 | €7,764 | €3,044 | -€4,720 | -60.8% |
| Suppliers | 440/4 | €7,764 | €3,044 | -€4,720 | -60.8% |
| Taxes, remuneration and social security | 45 | €2,365 | €9,000 | +€6,635 | +281% |
| Taxes | 450/3 | €353 | €9,000 | +€8,647 | +2,450% |
| Remuneration and social security | 454/9 | €2,012 | - | -€2,012 | |
| Other amounts payable | 47/48 | €23,206 | €23,779 | +€573 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,149 | €14,358 | +€3,209 | +28.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€6,000 | - | +€6,000 | |
| Other operating charges | 640/8 | €185 | €431 | +€246 | +133% |
| Gross operating margin | 9900 | €14,436 | €57,032 | +€42,596 | +295% |
| Operating profit (loss) | 9901 | €9,102 | €42,243 | +€33,141 | +364% |
| Financial charges | 65/66B | €1,325 | €5,754 | +€4,429 | +334% |
| Recurring financial charges | 65 | €1,325 | €5,754 | +€4,429 | +334% |
| Non-recurring financial charges | 66B | €1,325 | €5,754 | +€4,429 | +334% |
| Profit (loss) for the period before taxes | 9903 | €7,777 | €36,489 | +€28,712 | +369% |
| Income taxes | 67/77 | €5,423 | €14,503 | +€9,080 | +167% |
| Profit (loss) for the period | 9904 | €2,354 | €21,986 | +€19,632 | +834% |
| Profit (loss) for the period to be appropriated | 9905 | €2,354 | €21,986 | +€19,632 | +834% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.