VITALIX LAB: 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.
VITALIX LAB
Largest movements
- Receivables within one year -€89,867
down €89,867 (-33.8%), from €266,182 to €176,314
of which Other amounts receivable: -€92,809
- Contributions -€14.8m
down €14.8m (-72.7%), from €20.4m to €5.6m
- Profit (loss) carried forward +€14.5m
up €14.5m, from -€14.5m to €0
- Debts after one year +€576,118
up €576,118 (+53.1%), from €1.1m to €1.7m
- Other debts -€156,963
no longer reported in 2025 (was €156,963)
- Trade debts -€79,688
down €79,688 (-62.2%), from €128,193 to €48,505
- Financial charges -€269,961
down €269,961 (-31.2%), from €866,580 to €596,619
of which Non-recurring financial charges: -€281,050
- Gross operating margin +€235,480
up €235,480 (+103.2%), from €228,086 to €463,566
- Financial income -€88,230
down €88,230 (-42.5%), from €207,561 to €119,331
of which Financial income: -€103,443
- Staff costs +€39,871
up €39,871 (+16.1%), from €247,101 to €286,972
- Depreciation +€38,957
up €38,957 (+94.5%), from €41,227 to €80,184
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 | €7,700,794 | €7,608,093 | -€92,701 | -1.2% |
| Formation expenses | 20 | €8,989 | €4,989 | -€4,000 | -44.5% |
| Fixed assets | 21/28 | €7,391,859 | €7,407,887 | +€16,028 | +0.2% |
| Intangible fixed assets | 21 | €129,707 | €142,735 | +€13,028 | +10.0% |
| Financial fixed assets | 28 | €7,262,152 | €7,265,152 | +€3,000 | 0.0% |
| Current assets | 29/58 | €299,946 | €195,216 | -€104,730 | -34.9% |
| Amounts receivable after more than one year | 29 | €12,701 | €12,701 | = | 0.0% |
| Other amounts receivable | 291 | €12,701 | €12,701 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €266,182 | €176,314 | -€89,867 | -33.8% |
| Trade receivables | 40 | €142,155 | €145,097 | +€2,942 | +2.1% |
| Other amounts receivable | 41 | €124,027 | €31,218 | -€92,809 | -74.8% |
| Cash at bank and in hand | 54/58 | €20,514 | €645 | -€19,868 | -96.9% |
| Deferred charges and accrued income | 490/1 | €550 | €5,556 | +€5,006 | +910.3% |
| Total equity and liabilities | 10/49 | €7,700,794 | €7,608,093 | -€92,701 | -1.2% |
| Equity | 10/15 | €5,987,781 | €5,562,165 | -€425,617 | -7.1% |
| Contributions | 10/11 | €20,403,046 | €5,562,165 | -€14.8m | -72.7% |
| Profit (loss) carried forward | 14 | -€14,478,049 | €0 | +€14.5m | |
| Investment grants | 15 | €62,784 | - | -€62,784 | |
| Provisions and deferred taxes | 16 | €20,923 | - | -€20,923 | |
| Deferred taxes | 168 | €20,923 | - | -€20,923 | |
| Amounts payable | 17/49 | €1,692,090 | €2,045,928 | +€353,838 | +20.9% |
| Amounts payable after more than one year | 17 | €1,085,368 | €1,661,487 | +€576,118 | +53.1% |
| Financial debts | 170/4 | €1,085,368 | €1,661,487 | +€576,118 | +53.1% |
| Amounts payable within one year | 42/48 | €604,072 | €384,441 | -€219,631 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €273,279 | €263,584 | -€9,695 | -3.5% |
| Trade debts | 44 | €128,193 | €48,505 | -€79,688 | -62.2% |
| Suppliers | 440/4 | €128,193 | €48,505 | -€79,688 | -62.2% |
| Taxes, remuneration and social security | 45 | €45,637 | €72,353 | +€26,715 | +58.5% |
| Taxes | 450/3 | €13,918 | €21,023 | +€7,105 | +51.1% |
| Remuneration and social security | 454/9 | €31,720 | €51,329 | +€19,610 | +61.8% |
| Other amounts payable | 47/48 | €156,963 | - | -€156,963 | |
| Accrued charges and deferred income | 492/3 | €2,650 | - | -€2,650 | |
| Remuneration, social security and pensions | 62 | €247,101 | €286,972 | +€39,871 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,227 | €80,184 | +€38,957 | +94.5% |
| Other operating charges | 640/8 | €276 | €2,877 | +€2,601 | +941.6% |
| Gross operating margin | 9900 | €228,086 | €463,566 | +€235,480 | +103.2% |
| Operating profit (loss) | 9901 | -€60,518 | €93,533 | +€154,051 | |
| Financial income | 75/76B | €207,561 | €119,331 | -€88,230 | -42.5% |
| Recurring financial income | 75 | €187,774 | €84,331 | -€103,443 | -55.1% |
| Non-recurring financial income | 76B | €19,787 | €35,000 | +€15,213 | +76.9% |
| Financial charges | 65/66B | €866,580 | €596,619 | -€269,961 | -31.2% |
| Recurring financial charges | 65 | €50,530 | €61,619 | +€11,089 | +21.9% |
| Non-recurring financial charges | 66B | €816,050 | €535,000 | -€281,050 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | -€719,538 | -€383,755 | +€335,782 | +46.7% |
| Transfer from deferred taxes | 780 | €31,384 | €20,923 | -€10,461 | -33.3% |
| Income taxes | 67/77 | -€318 | - | +€318 | |
| Profit (loss) for the period | 9904 | -€687,836 | -€362,833 | +€325,003 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€687,836 | -€362,833 | +€325,003 | +47.3% |
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 10 October 2026 via checked.be.