VITE: 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.
VITE
Largest movements
- Tangible fixed assets -€8,809
down €8,809 (-20.8%), from €42,432 to €33,623
of which Furniture and vehicles: -€9,935
- Cash -€8,169
no longer reported in 2025 (was €8,169)
mainly Net result for the year (-€41,620) and Debts after one year (-€10,054)
- Receivables within one year -€1,805
down €1,805 (-11.2%), from €16,078 to €14,273
of which Other amounts receivable: -€2,187
- Profit (loss) carried forward -€41,620
down €41,620, from €18,824 to -€22,796
- Other debts +€30,976
new in 2025: €30,976
- Debts after one year -€10,054
down €10,054 (-41.5%), from €24,237 to €14,183
- Trade debts +€3,673
up €3,673 (+190.9%), from €1,924 to €5,597
- Tax, wage and social debts -€2,082
down €2,082 (-22.8%), from €9,114 to €7,032
- Gross operating margin -€65,819
down €65,819, from €37,749 to -€28,070
- Taxes -€5,195
down €5,195 (-85.0%), from €6,113 to €918
- Other operating charges -€2,026
down €2,026 (-72.0%), from €2,814 to €788
- Depreciation +€1,291
up €1,291 (+14.9%), from €8,644 to €9,935
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 | €66,679 | €48,046 | -€18,633 | -27.9% |
| Fixed assets | 21/28 | €42,432 | €33,623 | -€8,809 | -20.8% |
| Tangible fixed assets | 22/27 | €42,432 | €33,623 | -€8,809 | -20.8% |
| Plant, machinery and equipment | 23 | - | €1,126 | +€1,126 | |
| Furniture and vehicles | 24 | €42,432 | €32,497 | -€9,935 | -23.4% |
| Current assets | 29/58 | €24,247 | €14,423 | -€9,824 | -40.5% |
| Amounts receivable within one year | 40/41 | €16,078 | €14,273 | -€1,805 | -11.2% |
| Trade receivables | 40 | €10,000 | €10,382 | +€382 | +3.8% |
| Other amounts receivable | 41 | €6,078 | €3,891 | -€2,187 | -36.0% |
| Cash at bank and in hand | 54/58 | €8,169 | - | -€8,169 | |
| Deferred charges and accrued income | 490/1 | - | €150 | +€150 | |
| Total equity and liabilities | 10/49 | €66,679 | €48,046 | -€18,633 | -27.9% |
| Equity | 10/15 | €21,824 | -€19,796 | -€41,620 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,824 | -€22,796 | -€41,620 | |
| Amounts payable | 17/49 | €44,855 | €67,842 | +€22,987 | +51.2% |
| Amounts payable after more than one year | 17 | €24,237 | €14,183 | -€10,054 | -41.5% |
| Financial debts | 170/4 | €24,237 | €14,183 | -€10,054 | -41.5% |
| Amounts payable within one year | 42/48 | €20,618 | €53,659 | +€33,041 | +160.3% |
| Current portion of amounts payable after more than one year | 42 | €9,580 | €10,054 | +€474 | +4.9% |
| Trade debts | 44 | €1,924 | €5,597 | +€3,673 | +190.9% |
| Suppliers | 440/4 | €1,924 | €5,597 | +€3,673 | +190.9% |
| Taxes, remuneration and social security | 45 | €9,114 | €7,032 | -€2,082 | -22.8% |
| Taxes | 450/3 | €9,114 | €7,032 | -€2,082 | -22.8% |
| Other amounts payable | 47/48 | - | €30,976 | +€30,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,644 | €9,935 | +€1,291 | +14.9% |
| Other operating charges | 640/8 | €2,814 | €788 | -€2,026 | -72.0% |
| Gross operating margin | 9900 | €37,749 | -€28,070 | -€65,819 | |
| Operating profit (loss) | 9901 | €26,291 | -€38,793 | -€65,084 | |
| Financial income | 75/76B | €223 | - | -€223 | |
| Recurring financial income | 75 | €223 | - | -€223 | |
| Financial charges | 65/66B | €1,577 | €1,909 | +€332 | +21.1% |
| Recurring financial charges | 65 | €1,577 | €1,909 | +€332 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €24,937 | -€40,702 | -€65,639 | |
| Income taxes | 67/77 | €6,113 | €918 | -€5,195 | -85.0% |
| Profit (loss) for the period | 9904 | €18,824 | -€41,620 | -€60,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,824 | -€41,620 | -€60,444 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.