VITANUTRICS: 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.
VITANUTRICS
Largest movements
- Receivables within one year +€153,958
up €153,958 (+49.5%), from €311,339 to €465,297
of which Trade receivables: +€92,387
- Cash -€65,881
down €65,881 (-60.8%), from €108,341 to €42,460
mainly Receivables within one year (-€153,958) and Debts after one year (-€46,636)
- Intangible fixed assets -€21,741
down €21,741 (-47.1%), from €46,176 to €24,435
- Tangible fixed assets -€20,900
down €20,900 (-2.7%), from €780,691 to €759,791
of which Land and buildings: -€17,695
- Stocks and contracts +€17,854
up €17,854 (+6.6%), from €270,309 to €288,163
- Trade debts +€78,835
up €78,835 (+36.3%), from €217,289 to €296,124
- Reserves +€70,000
up €70,000 (+63.6%), from €110,000 to €180,000
- Debts after one year -€46,636
down €46,636 (-9.5%), from €492,523 to €445,887
of which Financial debts: -€29,187
- Short-term financial debts -€37,989
down €37,989 (-17.8%), from €212,989 to €175,000
- Gross operating margin -€20,157
down €20,157 (-2.0%), from €997,791 to €977,633
- Depreciation -€11,536
down €11,536 (-13.4%), from €86,249 to €74,713
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 | €1,521,822 | €1,587,939 | +€66,117 | +4.3% |
| Fixed assets | 21/28 | €828,187 | €785,546 | -€42,641 | -5.1% |
| Intangible fixed assets | 21 | €46,176 | €24,435 | -€21,741 | -47.1% |
| Tangible fixed assets | 22/27 | €780,691 | €759,791 | -€20,900 | -2.7% |
| Land and buildings | 22 | €658,397 | €640,702 | -€17,695 | -2.7% |
| Plant, machinery and equipment | 23 | €91,906 | €88,947 | -€2,959 | -3.2% |
| Furniture and vehicles | 24 | €30,388 | €30,142 | -€246 | -0.8% |
| Financial fixed assets | 28 | €1,320 | €1,320 | = | 0.0% |
| Current assets | 29/58 | €693,634 | €802,393 | +€108,759 | +15.7% |
| Stocks and contracts in progress | 3 | €270,309 | €288,163 | +€17,854 | +6.6% |
| Stocks | 30/36 | €270,309 | €288,163 | +€17,854 | +6.6% |
| Amounts receivable within one year | 40/41 | €311,339 | €465,297 | +€153,958 | +49.5% |
| Trade receivables | 40 | €311,339 | €403,727 | +€92,387 | +29.7% |
| Other amounts receivable | 41 | - | €61,571 | +€61,571 | |
| Cash at bank and in hand | 54/58 | €108,341 | €42,460 | -€65,881 | -60.8% |
| Deferred charges and accrued income | 490/1 | €3,645 | €6,472 | +€2,827 | +77.6% |
| Total equity and liabilities | 10/49 | €1,521,822 | €1,587,939 | +€66,117 | +4.3% |
| Equity | 10/15 | €303,423 | €371,675 | +€68,252 | +22.5% |
| Contributions | 10/11 | €190,100 | €190,100 | = | 0.0% |
| Reserves | 13 | €110,000 | €180,000 | +€70,000 | +63.6% |
| Distributable reserves | 133 | €110,000 | €180,000 | +€70,000 | +63.6% |
| Profit (loss) carried forward | 14 | €3,323 | €1,575 | -€1,748 | -52.6% |
| Amounts payable | 17/49 | €1,218,399 | €1,216,264 | -€2,135 | -0.2% |
| Amounts payable after more than one year | 17 | €492,523 | €445,887 | -€46,636 | -9.5% |
| Financial debts | 170/4 | €454,605 | €425,417 | -€29,187 | -6.4% |
| Other amounts payable | 178/9 | €37,918 | €20,469 | -€17,449 | -46.0% |
| Amounts payable within one year | 42/48 | €725,876 | €770,378 | +€44,501 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €61,252 | €71,922 | +€10,670 | +17.4% |
| Financial debts | 43 | €212,989 | €175,000 | -€37,989 | -17.8% |
| Credit institutions | 430/8 | €212,989 | €175,000 | -€37,989 | -17.8% |
| Trade debts | 44 | €217,289 | €296,124 | +€78,835 | +36.3% |
| Suppliers | 440/4 | €217,289 | €296,124 | +€78,835 | +36.3% |
| Advances received on contracts in progress | 46 | €102,273 | €102,273 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €132,073 | €125,058 | -€7,015 | -5.3% |
| Taxes | 450/3 | €47,019 | €44,129 | -€2,889 | -6.1% |
| Remuneration and social security | 454/9 | €85,055 | €80,929 | -€4,126 | -4.9% |
| Non-recurring operating income | 76A | €10,000 | €10,563 | +€563 | +5.6% |
| Remuneration, social security and pensions | 62 | €751,763 | €752,245 | +€482 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,249 | €74,713 | -€11,536 | -13.4% |
| Other operating charges | 640/8 | €4,643 | €12,913 | +€8,271 | +178% |
| Gross operating margin | 9900 | €997,791 | €977,633 | -€20,157 | -2.0% |
| Operating profit (loss) | 9901 | €155,136 | €137,762 | -€17,374 | -11.2% |
| Financial income | 75/76B | €9,819 | €9,293 | -€526 | -5.4% |
| Recurring financial income | 75 | €9,819 | €9,293 | -€526 | -5.4% |
| Financial charges | 65/66B | €29,121 | €36,631 | +€7,510 | +25.8% |
| Recurring financial charges | 65 | €29,121 | €36,631 | +€7,510 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €135,835 | €110,425 | -€25,410 | -18.7% |
| Income taxes | 67/77 | €39,016 | €42,173 | +€3,156 | +8.1% |
| Profit (loss) for the period | 9904 | €96,818 | €68,252 | -€28,566 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,818 | €68,252 | -€28,566 | -29.5% |
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.