VITALOGY: 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.
VITALOGY
Largest movements
- Intangible fixed assets -€28,786
down €28,786 (-22.2%), from €129,948 to €101,162
- Tangible fixed assets -€14,662
down €14,662 (-21.0%), from €69,784 to €55,121
- Cash +€5,265
up €5,265 (+5.3%), from €98,741 to €104,006
mainly Depreciation (+€43,448) and Net result for the year (+€38,901)
- Tax, wage and social debts -€40,900
down €40,900 (-31.2%), from €131,018 to €90,119
of which Remuneration and social security: -€46,812
- Profit (loss) carried forward +€38,901
up €38,901, from -€4,470 to €34,432
- Debts after one year -€36,127
down €36,127 (-24.9%), from €145,272 to €109,145
- Staff costs -€115,520
down €115,520 (-16.8%), from €688,111 to €572,591
- Gross operating margin -€66,111
down €66,111 (-8.7%), from €755,922 to €689,811
- Other operating charges +€15,113
up €15,113 (+3,902%), from €387 to €15,500
- Depreciation +€11,689
up €11,689 (+36.8%), from €31,759 to €43,448
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 | €373,615 | €336,717 | -€36,898 | -9.9% |
| Fixed assets | 21/28 | €200,236 | €156,788 | -€43,448 | -21.7% |
| Intangible fixed assets | 21 | €129,948 | €101,162 | -€28,786 | -22.2% |
| Tangible fixed assets | 22/27 | €69,784 | €55,121 | -€14,662 | -21.0% |
| Furniture and vehicles | 24 | €69,784 | €55,121 | -€14,662 | -21.0% |
| Financial fixed assets | 28 | €504 | €504 | = | 0.0% |
| Current assets | 29/58 | €173,379 | €179,930 | +€6,551 | +3.8% |
| Amounts receivable within one year | 40/41 | €72,913 | €72,057 | -€855 | -1.2% |
| Trade receivables | 40 | €67,619 | €72,057 | +€4,438 | +6.6% |
| Other amounts receivable | 41 | €5,294 | - | -€5,294 | |
| Cash at bank and in hand | 54/58 | €98,741 | €104,006 | +€5,265 | +5.3% |
| Deferred charges and accrued income | 490/1 | €1,725 | €3,866 | +€2,141 | +124% |
| Total equity and liabilities | 10/49 | €373,615 | €336,717 | -€36,898 | -9.9% |
| Equity | 10/15 | €61,530 | €100,432 | +€38,901 | +63.2% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,470 | €34,432 | +€38,901 | |
| Amounts payable | 17/49 | €312,085 | €236,286 | -€75,799 | -24.3% |
| Amounts payable after more than one year | 17 | €145,272 | €109,145 | -€36,127 | -24.9% |
| Financial debts | 170/4 | €145,272 | €109,145 | -€36,127 | -24.9% |
| Amounts payable within one year | 42/48 | €166,813 | €127,141 | -€39,672 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €33,474 | €36,127 | +€2,653 | +7.9% |
| Trade debts | 44 | €2,320 | €895 | -€1,425 | -61.4% |
| Suppliers | 440/4 | €2,320 | €895 | -€1,425 | -61.4% |
| Taxes, remuneration and social security | 45 | €131,018 | €90,119 | -€40,900 | -31.2% |
| Taxes | 450/3 | €19,706 | €25,618 | +€5,912 | +30.0% |
| Remuneration and social security | 454/9 | €111,313 | €64,501 | -€46,812 | -42.1% |
| Remuneration, social security and pensions | 62 | €688,111 | €572,591 | -€115,520 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,759 | €43,448 | +€11,689 | +36.8% |
| Other operating charges | 640/8 | €387 | €15,500 | +€15,113 | +3,902% |
| Gross operating margin | 9900 | €755,922 | €689,811 | -€66,111 | -8.7% |
| Operating profit (loss) | 9901 | €35,665 | €58,272 | +€22,608 | +63.4% |
| Financial charges | 65/66B | €3,245 | €6,881 | +€3,635 | +112% |
| Recurring financial charges | 65 | €3,245 | €6,881 | +€3,635 | +112% |
| Profit (loss) for the period before taxes | 9903 | €32,420 | €51,392 | +€18,972 | +58.5% |
| Income taxes | 67/77 | €9,140 | €12,490 | +€3,350 | +36.7% |
| Profit (loss) for the period | 9904 | €23,279 | €38,901 | +€15,622 | +67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,279 | €38,901 | +€15,622 | +67.1% |
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 18 October 2026 via checked.be.