VITALIA: 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.
VITALIA
Largest movements
- Receivables within one year +€101,695
up €101,695 (+87.1%), from €116,747 to €218,441
of which Trade receivables: +€102,366
- Cash +€22,640
up €22,640 (+238%), from €9,530 to €32,170
mainly Net result for the year (+€320,812) and Accrued charges and deferred income (+€251,829)
- Tangible fixed assets +€17,204
up €17,204 (+41.0%), from €41,958 to €59,162
of which Furniture and vehicles: +€20,138
- Stocks and contracts +€7,865
up €7,865 (+207%), from €3,801 to €11,666
- Trade debts -€412,553
down €412,553 (-49.3%), from €836,199 to €423,646
- Profit (loss) carried forward +€320,812
up €320,812 (+16.6%), from -€1.9m to -€1.6m
- Accrued charges and deferred income +€251,829
up €251,829 (+94.4%), from €266,903 to €518,732
- Tax, wage and social debts -€7,216
down €7,216 (-15.9%), from €45,298 to €38,081
of which Remuneration and social security: -€8,841
- Gross operating margin +€228,993
up €228,993 (+54.5%), from €420,049 to €649,042
- Staff costs +€12,119
up €12,119 (+4.1%), from €294,901 to €307,020
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 | €172,117 | €324,400 | +€152,283 | +88.5% |
| Fixed assets | 21/28 | €41,958 | €59,162 | +€17,204 | +41.0% |
| Tangible fixed assets | 22/27 | €41,958 | €59,162 | +€17,204 | +41.0% |
| Plant, machinery and equipment | 23 | €35,441 | €32,506 | -€2,934 | -8.3% |
| Furniture and vehicles | 24 | €6,517 | €26,655 | +€20,138 | +309% |
| Current assets | 29/58 | €130,159 | €265,238 | +€135,079 | +104% |
| Stocks and contracts in progress | 3 | €3,801 | €11,666 | +€7,865 | +207% |
| Stocks | 30/36 | €3,801 | €11,666 | +€7,865 | +207% |
| Amounts receivable within one year | 40/41 | €116,747 | €218,441 | +€101,695 | +87.1% |
| Trade receivables | 40 | €113,129 | €215,494 | +€102,366 | +90.5% |
| Other amounts receivable | 41 | €3,618 | €2,947 | -€671 | -18.5% |
| Cash at bank and in hand | 54/58 | €9,530 | €32,170 | +€22,640 | +238% |
| Deferred charges and accrued income | 490/1 | €82 | €2,961 | +€2,880 | +3,532% |
| Total equity and liabilities | 10/49 | €172,117 | €324,400 | +€152,283 | +88.5% |
| Equity | 10/15 | -€1,832,765 | -€1,511,953 | +€320,812 | +17.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €269 | €269 | = | 0.0% |
| Distributable reserves | 133 | €269 | €269 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,933,035 | -€1,612,223 | +€320,812 | +16.6% |
| Amounts payable | 17/49 | €2,004,882 | €1,836,353 | -€168,529 | -8.4% |
| Amounts payable within one year | 42/48 | €1,737,979 | €1,317,620 | -€420,358 | -24.2% |
| Financial debts | 43 | €828 | €815 | -€13 | -1.5% |
| Credit institutions | 430/8 | €828 | €815 | -€13 | -1.5% |
| Trade debts | 44 | €836,199 | €423,646 | -€412,553 | -49.3% |
| Suppliers | 440/4 | €836,199 | €423,646 | -€412,553 | -49.3% |
| Taxes, remuneration and social security | 45 | €45,298 | €38,081 | -€7,216 | -15.9% |
| Taxes | 450/3 | €9,714 | €11,338 | +€1,624 | +16.7% |
| Remuneration and social security | 454/9 | €35,584 | €26,743 | -€8,841 | -24.8% |
| Other amounts payable | 47/48 | €855,654 | €855,077 | -€576 | -0.1% |
| Accrued charges and deferred income | 492/3 | €266,903 | €518,732 | +€251,829 | +94.4% |
| Non-recurring operating income | 76A | €3,898 | €4,099 | +€201 | +5.1% |
| Remuneration, social security and pensions | 62 | €294,901 | €307,020 | +€12,119 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,652 | €14,323 | +€671 | +4.9% |
| Other operating charges | 640/8 | €2,812 | €2,617 | -€195 | -6.9% |
| Gross operating margin | 9900 | €420,049 | €649,042 | +€228,993 | +54.5% |
| Operating profit (loss) | 9901 | €108,684 | €325,082 | +€216,398 | +199% |
| Financial income | 75/76B | €9 | €785 | +€776 | +8,929% |
| Recurring financial income | 75 | €9 | €785 | +€776 | +8,929% |
| Financial charges | 65/66B | €5,365 | €5,055 | -€310 | -5.8% |
| Recurring financial charges | 65 | €5,365 | €5,055 | -€310 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €103,328 | €320,812 | +€217,485 | +210% |
| Income taxes | 67/77 | €43 | - | -€43 | |
| Profit (loss) for the period | 9904 | €103,285 | €320,812 | +€217,527 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €103,285 | €320,812 | +€217,527 | +211% |
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 21 October 2026 via checked.be.