VITB: what changed
Two fiscal 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.
VITB
Largest movements
- Cash -€62,663
down €62,663 (-99.1%), from €63,221 to €558
mainly Net result for the year (-€94,718) and Trade debts (-€6,831)
- Formation expenses -€20,978
down €20,978 (-100.0%), from €20,978 to €0
- Receivables within one year -€17,675
down €17,675 (-60.4%), from €29,274 to €11,599
of which Trade receivables: -€19,544
- Profit (loss) carried forward -€94,718
down €94,718 (-7.1%), from -€1.3m to -€1.4m
- Debts after one year +€10,081
up €10,081 (+0.5%), from €1.9m to €1.9m
- Trade debts -€6,831
down €6,831 (-23.9%), from €28,608 to €21,776
- Gross operating margin +€27,640
up €27,640 (+51.9%), from -€53,305 to -€25,666
- Financial charges -€5,846
down €5,846 (-11.5%), from €50,750 to €44,903
- Other operating charges -€2,290
down €2,290 (-86.5%), from €2,647 to €358
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.
Cash bridge derived
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 | €642,830 | €550,564 | -€92,265 | -14.4% |
| Formation expenses | 20 | €20,978 | €0 | -€20,978 | -100.0% |
| Fixed assets | 21/28 | €529,237 | €533,867 | +€4,630 | +0.9% |
| Tangible fixed assets | 22/27 | €528,637 | €533,267 | +€4,630 | +0.9% |
| Plant, machinery and equipment | 23 | €7,172 | €4,128 | -€3,044 | -42.4% |
| Furniture and vehicles | 24 | €521,465 | €529,138 | +€7,674 | +1.5% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €92,615 | €16,698 | -€75,918 | -82.0% |
| Stocks and contracts in progress | 3 | - | €4,540 | +€4,540 | |
| Stocks | 30/36 | - | €4,540 | +€4,540 | |
| Amounts receivable within one year | 40/41 | €29,274 | €11,599 | -€17,675 | -60.4% |
| Trade receivables | 40 | €28,874 | €9,330 | -€19,544 | -67.7% |
| Other amounts receivable | 41 | €401 | €2,270 | +€1,869 | +466.5% |
| Cash at bank and in hand | 54/58 | €63,221 | €558 | -€62,663 | -99.1% |
| Deferred charges and accrued income | 490/1 | €120 | €0 | -€120 | -100.0% |
| Total equity and liabilities | 10/49 | €642,830 | €550,564 | -€92,265 | -14.4% |
| Equity | 10/15 | -€1,308,205 | -€1,402,923 | -€94,718 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,326,805 | -€1,421,523 | -€94,718 | -7.1% |
| Amounts payable | 17/49 | €1,951,035 | €1,953,487 | +€2,452 | +0.1% |
| Amounts payable after more than one year | 17 | €1,883,966 | €1,894,048 | +€10,081 | +0.5% |
| Financial debts | 170/4 | €1,883,966 | €1,894,048 | +€10,081 | +0.5% |
| Amounts payable within one year | 42/48 | €28,608 | €21,776 | -€6,831 | -23.9% |
| Trade debts | 44 | €28,608 | €21,776 | -€6,831 | -23.9% |
| Suppliers | 440/4 | €28,608 | €21,776 | -€6,831 | -23.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €38,461 | €37,663 | -€798 | -2.1% |
| Non-recurring operating income | 76A | - | €310 | +€310 | |
| Remuneration, social security and pensions | 62 | €340 | €658 | +€319 | +93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,444 | €23,133 | -€310 | -1.3% |
| Other operating charges | 640/8 | €2,647 | €358 | -€2,290 | -86.5% |
| Gross operating margin | 9900 | -€53,305 | -€25,666 | +€27,640 | +51.9% |
| Operating profit (loss) | 9901 | -€79,736 | -€49,815 | +€29,921 | +37.5% |
| Financial income | 75/76B | €451 | €0 | -€451 | -100.0% |
| Recurring financial income | 75 | €451 | €0 | -€451 | -100.0% |
| Financial charges | 65/66B | €50,750 | €44,903 | -€5,846 | -11.5% |
| Recurring financial charges | 65 | €50,750 | €44,903 | -€5,846 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€130,035 | -€94,718 | +€35,317 | +27.2% |
| Profit (loss) for the period | 9904 | -€130,035 | -€94,718 | +€35,317 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,035 | -€94,718 | +€35,317 | +27.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.