VITESSA: 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.
VITESSA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€45,261
up €45,261 (+12.0%), from €376,425 to €421,686
- Profit (loss) carried forward -€35,969
down €35,969 (-43.6%), from €82,443 to €46,474
- Debts after one year -€15,725
down €15,725 (-7.3%), from €215,725 to €200,000
of which Financial debts: -€15,725
- Trade debts +€15,509
up €15,509 (+210%), from €7,369 to €22,878
- Gross operating margin -€32,813
down €32,813, from €13,531 to -€19,282
- Taxes +€6,198
up €6,198 (+120%), from €5,150 to €11,348
- Financial charges -€3,130
down €3,130 (-23.8%), from €13,175 to €10,045
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 | €925,836 | €925,396 | -€440 | 0.0% |
| Fixed assets | 21/28 | €800,216 | €801,384 | +€1,168 | +0.1% |
| Tangible fixed assets | 22/27 | €216 | €1,384 | +€1,168 | +541% |
| Furniture and vehicles | 24 | €216 | €1,384 | +€1,168 | +541% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €125,620 | €124,012 | -€1,608 | -1.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,041 | €4,850 | -€4,190 | -46.3% |
| Other amounts receivable | 41 | €9,041 | €4,850 | -€4,190 | -46.3% |
| Cash at bank and in hand | 54/58 | €15,071 | €18,125 | +€3,054 | +20.3% |
| Deferred charges and accrued income | 490/1 | €1,508 | €1,036 | -€472 | -31.3% |
| Total equity and liabilities | 10/49 | €925,836 | €925,396 | -€440 | 0.0% |
| Equity | 10/15 | €290,703 | €254,734 | -€35,969 | -12.4% |
| Contributions | 10/11 | €208,260 | €208,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,443 | €46,474 | -€35,969 | -43.6% |
| Amounts payable | 17/49 | €635,133 | €670,662 | +€35,529 | +5.6% |
| Amounts payable after more than one year | 17 | €215,725 | €200,000 | -€15,725 | -7.3% |
| Financial debts | 170/4 | €15,725 | - | -€15,725 | |
| Advances received on contracts in progress | 176 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €407,339 | €461,316 | +€53,976 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €20,559 | €15,725 | -€4,834 | -23.5% |
| Trade debts | 44 | €7,369 | €22,878 | +€15,509 | +210% |
| Suppliers | 440/4 | €7,369 | €22,878 | +€15,509 | +210% |
| Taxes, remuneration and social security | 45 | €2,987 | €1,027 | -€1,960 | -65.6% |
| Taxes | 450/3 | €2,987 | €1,027 | -€1,960 | -65.6% |
| Other amounts payable | 47/48 | €376,425 | €421,686 | +€45,261 | +12.0% |
| Accrued charges and deferred income | 492/3 | €12,069 | €9,346 | -€2,723 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €400 | +€188 | +89.1% |
| Other operating charges | 640/8 | €1,021 | €895 | -€126 | -12.4% |
| Gross operating margin | 9900 | €13,531 | -€19,282 | -€32,813 | |
| Operating profit (loss) | 9901 | €12,299 | -€20,576 | -€32,875 | |
| Financial income | 75/76B | €6,000 | €6,000 | +€0 | 0.0% |
| Recurring financial income | 75 | €6,000 | €6,000 | +€0 | 0.0% |
| Financial charges | 65/66B | €13,175 | €10,045 | -€3,130 | -23.8% |
| Recurring financial charges | 65 | €13,175 | €10,045 | -€3,130 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €5,124 | -€24,621 | -€29,745 | |
| Income taxes | 67/77 | €5,150 | €11,348 | +€6,198 | +120% |
| Profit (loss) for the period | 9904 | -€26 | -€35,969 | -€35,943 | -139,911% |
| Profit (loss) for the period to be appropriated | 9905 | -€26 | -€35,969 | -€35,943 | -139,911% |
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 18 October 2026 via checked.be.