VITATEK: 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.
VITATEK
Largest movements
- Current investments +€202,809
up €202,809 (+31.2%), from €650,000 to €852,809
- Cash -€118,112
down €118,112 (-21.0%), from €562,264 to €444,152
mainly Current investments (-€202,809) and Investment in fixed assets (net) (-€129,257)
- Tangible fixed assets +€76,163
up €76,163 (+11.4%), from €665,902 to €742,065
of which Furniture and vehicles: +€100,994
- Profit (loss) carried forward +€237,870
up €237,870 (+10.2%), from €2.3m to €2.6m
- Other debts -€86,721
down €86,721 (-26.1%), from €331,712 to €244,991
- Gross operating margin +€36,350
up €36,350 (+31.3%), from €116,017 to €152,367
- Depreciation +€26,543
up €26,543 (+100.0%), from €26,551 to €53,094
- Financial income -€24,611
down €24,611 (-12.0%), from €205,065 to €180,453
- Financial charges -€11,212
down €11,212 (-55.9%), from €20,062 to €8,850
- Taxes +€1,541
up €1,541 (+6.1%), from €25,282 to €26,823
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 | €3,026,450 | €3,164,290 | +€137,840 | +4.6% |
| Fixed assets | 21/28 | €1,787,852 | €1,864,015 | +€76,163 | +4.3% |
| Tangible fixed assets | 22/27 | €665,902 | €742,065 | +€76,163 | +11.4% |
| Land and buildings | 22 | €646,955 | €621,667 | -€25,289 | -3.9% |
| Plant, machinery and equipment | 23 | - | €457 | +€457 | |
| Furniture and vehicles | 24 | €18,946 | €119,941 | +€100,994 | +533% |
| Financial fixed assets | 28 | €1,121,950 | €1,121,950 | = | 0.0% |
| Current assets | 29/58 | €1,238,598 | €1,300,275 | +€61,677 | +5.0% |
| Amounts receivable within one year | 40/41 | €26,271 | €2,930 | -€23,341 | -88.8% |
| Trade receivables | 40 | €5,335 | €2,930 | -€2,405 | -45.1% |
| Other amounts receivable | 41 | €20,936 | - | -€20,936 | |
| Current investments | 50/53 | €650,000 | €852,809 | +€202,809 | +31.2% |
| Cash at bank and in hand | 54/58 | €562,264 | €444,152 | -€118,112 | -21.0% |
| Deferred charges and accrued income | 490/1 | €64 | €385 | +€321 | +505% |
| Total equity and liabilities | 10/49 | €3,026,450 | €3,164,290 | +€137,840 | +4.6% |
| Equity | 10/15 | €2,336,034 | €2,573,904 | +€237,870 | +10.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,321,779 | €2,559,649 | +€237,870 | +10.2% |
| Amounts payable | 17/49 | €690,416 | €590,386 | -€100,030 | -14.5% |
| Amounts payable after more than one year | 17 | €286,250 | €286,250 | = | 0.0% |
| Financial debts | 170/4 | €286,250 | €286,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €401,476 | €303,547 | -€97,929 | -24.4% |
| Trade debts | 44 | €12,188 | €13,340 | +€1,152 | +9.5% |
| Suppliers | 440/4 | €12,188 | €13,340 | +€1,152 | +9.5% |
| Taxes, remuneration and social security | 45 | €57,576 | €45,216 | -€12,360 | -21.5% |
| Taxes | 450/3 | €57,576 | €45,216 | -€12,360 | -21.5% |
| Other amounts payable | 47/48 | €331,712 | €244,991 | -€86,721 | -26.1% |
| Accrued charges and deferred income | 492/3 | €2,690 | €589 | -€2,101 | -78.1% |
| Non-recurring operating income | 76A | - | €34,616 | +€34,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,551 | €53,094 | +€26,543 | +100.0% |
| Other operating charges | 640/8 | €5,327 | €6,183 | +€856 | +16.1% |
| Gross operating margin | 9900 | €116,017 | €152,367 | +€36,350 | +31.3% |
| Operating profit (loss) | 9901 | €84,139 | €93,090 | +€8,951 | +10.6% |
| Financial income | 75/76B | €205,065 | €180,453 | -€24,611 | -12.0% |
| Recurring financial income | 75 | €205,065 | €180,453 | -€24,611 | -12.0% |
| Financial charges | 65/66B | €20,062 | €8,850 | -€11,212 | -55.9% |
| Recurring financial charges | 65 | €20,062 | €8,850 | -€11,212 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €269,141 | €264,693 | -€4,448 | -1.7% |
| Income taxes | 67/77 | €25,282 | €26,823 | +€1,541 | +6.1% |
| Profit (loss) for the period | 9904 | €243,859 | €237,870 | -€5,989 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €243,859 | €237,870 | -€5,989 | -2.5% |
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 29 October 2026 via checked.be.