Vitalpa: 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.
Vitalpa
Largest movements
- Tangible fixed assets -€55,110
no longer reported in 2025 (was €55,110)
- Cash -€5,243
down €5,243 (-40.1%), from €13,073 to €7,830
mainly Net result for the year (-€49,053) and Debts after one year (-€10,000)
- Receivables within one year +€1,300
new in 2025: €1,300
- Profit (loss) carried forward -€49,053
down €49,053, from €3,183 to -€45,870
- Debts after one year -€10,000
down €10,000 (-16.7%), from €60,000 to €50,000
- Gross operating margin -€8,073
down €8,073, from €7,390 to -€683
- Financial charges +€5,930
up €5,930 (+5,391%), from €110 to €6,040
of which Non-recurring financial charges: +€5,900
- Depreciation -€4,892
no longer reported in 2025 (was €4,892)
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 | €68,183 | €9,130 | -€59,053 | -86.6% |
| Fixed assets | 21/28 | €55,110 | - | -€55,110 | |
| Tangible fixed assets | 22/27 | €55,110 | - | -€55,110 | |
| Plant, machinery and equipment | 23 | €55,110 | - | -€55,110 | |
| Current assets | 29/58 | €13,073 | €9,130 | -€3,943 | -30.2% |
| Amounts receivable within one year | 40/41 | - | €1,300 | +€1,300 | |
| Trade receivables | 40 | - | €1,300 | +€1,300 | |
| Cash at bank and in hand | 54/58 | €13,073 | €7,830 | -€5,243 | -40.1% |
| Total equity and liabilities | 10/49 | €68,183 | €9,130 | -€59,053 | -86.6% |
| Equity | 10/15 | €8,183 | -€40,870 | -€49,053 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,183 | -€45,870 | -€49,053 | |
| Amounts payable | 17/49 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Amounts payable after more than one year | 17 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Financial debts | 170/4 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,892 | - | -€4,892 | |
| Other operating charges | 640/8 | €487 | €500 | +€13 | +2.7% |
| Non-recurring operating charges | 66A | €4,433 | €41,830 | +€37,397 | +844% |
| Gross operating margin | 9900 | €7,390 | -€683 | -€8,073 | |
| Operating profit (loss) | 9901 | -€2,422 | -€43,013 | -€40,591 | -1,676% |
| Financial charges | 65/66B | €110 | €6,040 | +€5,930 | +5,391% |
| Recurring financial charges | 65 | €110 | €140 | +€30 | +27.3% |
| Non-recurring financial charges | 66B | - | €5,900 | +€5,900 | |
| Profit (loss) for the period before taxes | 9903 | -€2,532 | -€49,053 | -€46,521 | -1,837% |
| Profit (loss) for the period | 9904 | -€2,532 | -€49,053 | -€46,521 | -1,837% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,532 | -€49,053 | -€46,521 | -1,837% |
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 25 October 2026 via checked.be.