VITES: 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.
VITES
Largest movements
- Receivables within one year +€9,710
up €9,710 (+3.1%), from €315,491 to €325,201
- Reserves +€30,000
up €30,000 (+23.3%), from €128,610 to €158,610
of which Distributable reserves: +€30,000
- Trade debts -€17,342
down €17,342 (-78.0%), from €22,237 to €4,894
- Tax, wage and social debts -€5,707
down €5,707 (-14.4%), from €39,587 to €33,880
- Financial charges +€3,276
up €3,276 (+555.6%), from €590 to €3,865
- Taxes -€2,266
down €2,266 (-12.7%), from €17,851 to €15,585
- Gross operating margin -€1,084
down €1,084 (-1.9%), from €56,356 to €55,272
- Depreciation -€566
down €566 (-17.0%), from €3,326 to €2,759
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 | €321,942 | €329,305 | +€7,364 | +2.3% |
| Fixed assets | 21/28 | €6,451 | €4,070 | -€2,380 | -36.9% |
| Tangible fixed assets | 22/27 | €6,451 | €4,070 | -€2,380 | -36.9% |
| Plant, machinery and equipment | 23 | €1,122 | €73 | -€1,049 | -93.5% |
| Furniture and vehicles | 24 | €5,328 | €3,997 | -€1,331 | -25.0% |
| Current assets | 29/58 | €315,491 | €325,235 | +€9,744 | +3.1% |
| Amounts receivable within one year | 40/41 | €315,491 | €325,201 | +€9,710 | +3.1% |
| Other amounts receivable | 41 | €315,491 | €325,201 | +€9,710 | +3.1% |
| Cash at bank and in hand | 54/58 | - | €34 | +€34 | |
| Total equity and liabilities | 10/49 | €321,942 | €329,305 | +€7,364 | +2.3% |
| Equity | 10/15 | €259,859 | €290,531 | +€30,672 | +11.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €128,610 | €158,610 | +€30,000 | +23.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €126,750 | €156,750 | +€30,000 | +23.7% |
| Profit (loss) carried forward | 14 | €118,849 | €119,521 | +€672 | +0.6% |
| Amounts payable | 17/49 | €62,083 | €38,775 | -€23,308 | -37.5% |
| Amounts payable within one year | 42/48 | €62,083 | €38,775 | -€23,308 | -37.5% |
| Financial debts | 43 | €258 | - | -€258 | |
| Credit institutions | 430/8 | €258 | - | -€258 | |
| Trade debts | 44 | €22,237 | €4,894 | -€17,342 | -78.0% |
| Suppliers | 440/4 | €22,237 | €4,894 | -€17,342 | -78.0% |
| Taxes, remuneration and social security | 45 | €39,587 | €33,880 | -€5,707 | -14.4% |
| Taxes | 450/3 | €39,587 | €33,880 | -€5,707 | -14.4% |
| Remuneration, social security and pensions | 62 | - | €169 | +€169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,326 | €2,759 | -€566 | -17.0% |
| Other operating charges | 640/8 | €1,193 | €1,403 | +€210 | +17.6% |
| Non-recurring operating charges | 66A | - | €820 | +€820 | |
| Gross operating margin | 9900 | €56,356 | €55,272 | -€1,084 | -1.9% |
| Operating profit (loss) | 9901 | €51,838 | €50,121 | -€1,716 | -3.3% |
| Financial charges | 65/66B | €590 | €3,865 | +€3,276 | +555.6% |
| Recurring financial charges | 65 | €590 | €3,865 | +€3,276 | +555.6% |
| Profit (loss) for the period before taxes | 9903 | €51,248 | €46,256 | -€4,992 | -9.7% |
| Income taxes | 67/77 | €17,851 | €15,585 | -€2,266 | -12.7% |
| Profit (loss) for the period | 9904 | €33,397 | €30,672 | -€2,726 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,397 | €30,672 | -€2,726 | -8.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.