VITECON: 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.
VITECON
Largest movements
- Cash +€125,088
up €125,088 (+76.3%), from €163,910 to €288,998
mainly Current investments (+€100,000) and Other debts (+€25,076)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€12,373
down €12,373 (-43.8%), from €28,270 to €15,897
of which Furniture and vehicles: -€11,018
- Other debts +€25,076
up €25,076 (+31.8%), from €78,809 to €103,885
- Debts after one year -€11,292
down €11,292 (-92.2%), from €12,241 to €949
- Profit (loss) carried forward -€4,496
down €4,496 (-3.5%), from €130,064 to €125,568
- Gross operating margin -€21,631
down €21,631 (-59.1%), from €36,588 to €14,957
- Taxes -€3,850
down €3,850 (-85.2%), from €4,520 to €671
- Other operating charges -€3,536
down €3,536 (-99.8%), from €3,544 to €8
- Depreciation -€1,836
down €1,836 (-11.0%), from €16,708 to €14,873
- Financial charges +€452
up €452 (+8.5%), from €5,322 to €5,774
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 | €323,066 | €333,795 | +€10,729 | +3.3% |
| Fixed assets | 21/28 | €28,270 | €15,897 | -€12,373 | -43.8% |
| Tangible fixed assets | 22/27 | €28,270 | €15,897 | -€12,373 | -43.8% |
| Plant, machinery and equipment | 23 | €3,133 | €1,778 | -€1,355 | -43.2% |
| Furniture and vehicles | 24 | €25,137 | €14,119 | -€11,018 | -43.8% |
| Current assets | 29/58 | €294,796 | €317,898 | +€23,102 | +7.8% |
| Amounts receivable within one year | 40/41 | €29,121 | €26,583 | -€2,538 | -8.7% |
| Trade receivables | 40 | €25,621 | €20,195 | -€5,427 | -21.2% |
| Other amounts receivable | 41 | €3,499 | €6,388 | +€2,889 | +82.5% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €163,910 | €288,998 | +€125,088 | +76.3% |
| Deferred charges and accrued income | 490/1 | €1,765 | €2,317 | +€552 | +31.3% |
| Total equity and liabilities | 10/49 | €323,066 | €333,795 | +€10,729 | +3.3% |
| Equity | 10/15 | €218,690 | €214,194 | -€4,496 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,026 | €70,026 | = | 0.0% |
| Distributable reserves | 133 | €70,026 | €70,026 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,064 | €125,568 | -€4,496 | -3.5% |
| Amounts payable | 17/49 | €104,375 | €119,601 | +€15,225 | +14.6% |
| Amounts payable after more than one year | 17 | €12,241 | €949 | -€11,292 | -92.2% |
| Financial debts | 170/4 | €12,241 | €949 | -€11,292 | -92.2% |
| Amounts payable within one year | 42/48 | €92,134 | €118,652 | +€26,517 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €11,115 | €11,292 | +€177 | +1.6% |
| Trade debts | 44 | - | €1,610 | +€1,610 | |
| Suppliers | 440/4 | - | €1,610 | +€1,610 | |
| Taxes, remuneration and social security | 45 | €2,210 | €1,865 | -€345 | -15.6% |
| Taxes | 450/3 | €2,210 | €1,865 | -€345 | -15.6% |
| Other amounts payable | 47/48 | €78,809 | €103,885 | +€25,076 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,708 | €14,873 | -€1,836 | -11.0% |
| Other operating charges | 640/8 | €3,544 | €8 | -€3,536 | -99.8% |
| Gross operating margin | 9900 | €36,588 | €14,957 | -€21,631 | -59.1% |
| Operating profit (loss) | 9901 | €16,335 | €76 | -€16,260 | -99.5% |
| Financial income | 75/76B | €1,843 | €1,873 | +€30 | +1.6% |
| Recurring financial income | 75 | €1,843 | €1,873 | +€30 | +1.6% |
| Financial charges | 65/66B | €5,322 | €5,774 | +€452 | +8.5% |
| Recurring financial charges | 65 | €5,322 | €5,774 | +€452 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €12,857 | -€3,825 | -€16,682 | |
| Income taxes | 67/77 | €4,520 | €671 | -€3,850 | -85.2% |
| Profit (loss) for the period | 9904 | €8,336 | -€4,496 | -€12,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,336 | -€4,496 | -€12,832 |
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 13 October 2026 via checked.be.