Vitassur Management: 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.
Vitassur Management
Largest movements
- Deferred charges and accrued income -€112,590
down €112,590 (-90.2%), from €124,885 to €12,295
- Cash +€68,933
up €68,933 (+64.1%), from €107,610 to €176,544
mainly Net result for the year (+€262,209) and Deferred charges and accrued income (+€112,590)
- Receivables within one year +€51,320
new in 2025: €51,320
- Tangible fixed assets +€19,772
up €19,772 (+257%), from €7,702 to €27,475
of which Plant, machinery and equipment: +€20,144
- Other debts +€25,000
up €25,000 (+10.6%), from €235,000 to €260,000
- Taxes -€49,209
down €49,209 (-49.2%), from €100,000 to €50,791
- Financial income -€10,091
down €10,091 (-81.0%), from €12,454 to €2,363
- Gross operating margin -€7,430
down €7,430 (-2.3%), from €324,492 to €317,062
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 | €241,241 | €269,036 | +€27,795 | +11.5% |
| Fixed assets | 21/28 | €8,746 | €28,878 | +€20,132 | +230% |
| Tangible fixed assets | 22/27 | €7,702 | €27,475 | +€19,772 | +257% |
| Plant, machinery and equipment | 23 | €3,577 | €23,721 | +€20,144 | +563% |
| Furniture and vehicles | 24 | €4,126 | €3,754 | -€371 | -9.0% |
| Financial fixed assets | 28 | €1,043 | €1,403 | +€360 | +34.5% |
| Current assets | 29/58 | €232,495 | €240,158 | +€7,663 | +3.3% |
| Amounts receivable within one year | 40/41 | - | €51,320 | +€51,320 | |
| Other amounts receivable | 41 | - | €51,320 | +€51,320 | |
| Cash at bank and in hand | 54/58 | €107,610 | €176,544 | +€68,933 | +64.1% |
| Deferred charges and accrued income | 490/1 | €124,885 | €12,295 | -€112,590 | -90.2% |
| Total equity and liabilities | 10/49 | €241,241 | €269,036 | +€27,795 | +11.5% |
| Equity | 10/15 | €5,570 | €7,778 | +€2,209 | +39.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,570 | €5,778 | +€2,209 | +61.9% |
| Amounts payable | 17/49 | €235,671 | €261,258 | +€25,586 | +10.9% |
| Amounts payable within one year | 42/48 | €235,000 | €260,000 | +€25,000 | +10.6% |
| Other amounts payable | 47/48 | €235,000 | €260,000 | +€25,000 | +10.6% |
| Accrued charges and deferred income | 492/3 | €671 | €1,258 | +€586 | +87.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,531 | €3,225 | +€694 | +27.4% |
| Other operating charges | 640/8 | €544 | €2,081 | +€1,538 | +283% |
| Gross operating margin | 9900 | €324,492 | €317,062 | -€7,430 | -2.3% |
| Operating profit (loss) | 9901 | €321,417 | €311,755 | -€9,662 | -3.0% |
| Financial income | 75/76B | €12,454 | €2,363 | -€10,091 | -81.0% |
| Recurring financial income | 75 | €12,454 | €2,363 | -€10,091 | -81.0% |
| Financial charges | 65/66B | €2,075 | €1,118 | -€957 | -46.1% |
| Recurring financial charges | 65 | €2,075 | €1,118 | -€957 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €331,796 | €313,000 | -€18,796 | -5.7% |
| Income taxes | 67/77 | €100,000 | €50,791 | -€49,209 | -49.2% |
| Profit (loss) for the period | 9904 | €231,796 | €262,209 | +€30,413 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €231,796 | €262,209 | +€30,413 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.