ViTeS BE: 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.
ViTeS BE
Largest movements
- Cash +€164,580
up €164,580 (+20.9%), from €787,477 to €952,057
mainly Net result for the year (+€109,606) and Debts within one year (+€62,342)
- Reserves +€109,606
up €109,606 (+333%), from €32,946 to €142,552
- Debts within one year +€62,342
up €62,342 (+30.1%), from €207,313 to €269,655
of which Trade debts: +€39,225
- Turnover +€239,853
up €239,853 (+29.9%), from €802,813 to €1.0m
- Gross operating margin +€204,746
up €204,746 (+41.5%), from €493,248 to €697,994
- Purchases and services +€50,663
up €50,663 (+7.4%), from €683,045 to €733,708
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 | €934,319 | €1,101,706 | +€167,387 | +17.9% |
| Fixed assets | 21/28 | €27,732 | €20,433 | -€7,300 | -26.3% |
| Tangible fixed assets | 22/27 | €8,748 | €1,404 | -€7,344 | -84.0% |
| Plant, machinery and equipment | 23 | €1,606 | €1,271 | -€335 | -20.9% |
| Other tangible fixed assets | 26 | €7,142 | €133 | -€7,009 | -98.1% |
| Financial fixed assets | 28 | €18,984 | €19,029 | +€44 | +0.2% |
| Current assets | 29/58 | €906,586 | €1,081,274 | +€174,687 | +19.3% |
| Stocks and contracts in progress | 3 | €21,658 | €25,799 | +€4,141 | +19.1% |
| Stocks | 30/36 | €21,658 | €25,799 | +€4,141 | +19.1% |
| Amounts receivable within one year | 40/41 | €97,031 | €98,646 | +€1,615 | +1.7% |
| Trade receivables | 40 | €39,573 | €11,950 | -€27,623 | -69.8% |
| Other amounts receivable | 41 | €57,457 | €86,696 | +€29,238 | +50.9% |
| Cash at bank and in hand | 54/58 | €787,477 | €952,057 | +€164,580 | +20.9% |
| Deferred charges and accrued income | 490/1 | €421 | €4,772 | +€4,352 | +1,035% |
| Total equity and liabilities | 10/49 | €934,319 | €1,101,706 | +€167,387 | +17.9% |
| Equity | 10/15 | €722,446 | €832,052 | +€109,606 | +15.2% |
| Reserves | 13 | €32,946 | €142,552 | +€109,606 | +333% |
| Profit (loss) carried forward | 14 | €689,500 | €689,500 | = | 0.0% |
| Amounts payable | 17/49 | €211,873 | €269,655 | +€57,782 | +27.3% |
| Amounts payable within one year | 42/48 | €207,313 | €269,655 | +€62,342 | +30.1% |
| Trade debts | 44 | €155,222 | €194,448 | +€39,225 | +25.3% |
| Suppliers | 440/4 | €155,222 | €194,448 | +€39,225 | +25.3% |
| Advances received on contracts in progress | 46 | - | €61 | +€61 | |
| Taxes, remuneration and social security | 45 | €43,626 | €52,258 | +€8,631 | +19.8% |
| Remuneration and social security | 454/9 | €43,626 | €52,258 | +€8,631 | +19.8% |
| Accrued charges and deferred income | 492/3 | €4,560 | - | -€4,560 | |
| Turnover | 70 | €802,813 | €1,042,666 | +€239,853 | +29.9% |
| Membership fees, donations, legacies and grants | 73 | €344,175 | €384,831 | +€40,656 | +11.8% |
| Non-recurring operating income | 76A | €582 | - | -€582 | |
| Goods, raw materials, services and sundry goods | 60/61 | €683,045 | €733,708 | +€50,663 | +7.4% |
| Remuneration, social security and pensions | 62 | €565,452 | €570,988 | +€5,535 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,277 | €7,344 | +€68 | +0.9% |
| Other operating charges | 640/8 | €6,598 | €6,000 | -€597 | -9.1% |
| Non-recurring operating charges | 66A | €8 | - | -€8 | |
| Gross operating margin | 9900 | €493,248 | €697,994 | +€204,746 | +41.5% |
| Operating profit (loss) | 9901 | -€86,086 | €113,662 | +€199,748 | |
| Financial income | 75/76B | €2,120 | €3,405 | +€1,285 | +60.6% |
| Recurring financial income | 75 | €2,120 | €3,405 | +€1,285 | +60.6% |
| Financial charges | 65/66B | €8,549 | €7,461 | -€1,088 | -12.7% |
| Recurring financial charges | 65 | €8,549 | €7,461 | -€1,088 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€92,515 | €109,606 | +€202,121 | |
| Profit (loss) for the period | 9904 | -€92,515 | €109,606 | +€202,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€92,515 | €109,606 | +€202,121 |
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 27 October 2026 via checked.be.