VITFRESH: 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.
VITFRESH
Largest movements
- Tangible fixed assets -€15,214
down €15,214 (-55.1%), from €27,592 to €12,378
of which Furniture and vehicles: -€21,975
- Receivables within one year -€10,959
down €10,959 (-14.9%), from €73,367 to €62,408
of which Trade receivables: -€10,988
- Cash +€8,332
up €8,332 (+170.7%), from €4,881 to €13,213
mainly Other debts (+€19,655) and Depreciation (+€13,306)
- Stocks and contracts -€8,000
down €8,000 (-87.4%), from €9,150 to €1,150
- Financial fixed assets +€6,175
up €6,175 (+1029.2%), from €600 to €6,775
- Profit (loss) carried forward -€27,579
down €27,579, from €23,721 to -€3,857
- Other debts +€19,655
up €19,655 (+312.1%), from €6,298 to €25,953
- Debts after one year -€11,013
down €11,013 (-49.3%), from €22,319 to €11,306
- Trade debts +€7,321
up €7,321 (+25.5%), from €28,695 to €36,016
- Tax, wage and social debts -€4,891
down €4,891 (-40.6%), from €12,052 to €7,162
of which Taxes: -€2,645
- Gross operating margin -€29,874
down €29,874 (-75.7%), from €39,458 to €9,583
- Staff costs +€11,317
up €11,317 (+421.5%), from €2,685 to €14,002
- Depreciation -€9,487
down €9,487 (-41.6%), from €22,793 to €13,306
- Other operating charges +€6,599
up €6,599 (+345.0%), from €1,913 to €8,512
- Taxes -€4,398
down €4,398 (-94.7%), from €4,644 to €246
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,590 | €97,592 | -€17,999 | -15.6% |
| Fixed assets | 21/28 | €28,192 | €19,153 | -€9,038 | -32.1% |
| Tangible fixed assets | 22/27 | €27,592 | €12,378 | -€15,214 | -55.1% |
| Plant, machinery and equipment | 23 | - | €6,761 | +€6,761 | |
| Furniture and vehicles | 24 | €27,592 | €5,617 | -€21,975 | -79.6% |
| Financial fixed assets | 28 | €600 | €6,775 | +€6,175 | +1029.2% |
| Current assets | 29/58 | €87,399 | €78,438 | -€8,960 | -10.3% |
| Stocks and contracts in progress | 3 | €9,150 | €1,150 | -€8,000 | -87.4% |
| Stocks | 30/36 | €9,150 | €1,150 | -€8,000 | -87.4% |
| Amounts receivable within one year | 40/41 | €73,367 | €62,408 | -€10,959 | -14.9% |
| Trade receivables | 40 | €73,367 | €62,380 | -€10,988 | -15.0% |
| Other amounts receivable | 41 | - | €29 | +€29 | |
| Cash at bank and in hand | 54/58 | €4,881 | €13,213 | +€8,332 | +170.7% |
| Deferred charges and accrued income | 490/1 | - | €1,667 | +€1,667 | |
| Total equity and liabilities | 10/49 | €115,590 | €97,592 | -€17,999 | -15.6% |
| Equity | 10/15 | €33,721 | €6,143 | -€27,579 | -81.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,721 | -€3,857 | -€27,579 | |
| Amounts payable | 17/49 | €81,869 | €91,449 | +€9,580 | +11.7% |
| Amounts payable after more than one year | 17 | €22,319 | €11,306 | -€11,013 | -49.3% |
| Financial debts | 170/4 | €22,319 | €11,306 | -€11,013 | -49.3% |
| Amounts payable within one year | 42/48 | €59,550 | €80,143 | +€20,593 | +34.6% |
| Current portion of amounts payable after more than one year | 42 | €12,505 | €11,013 | -€1,492 | -11.9% |
| Trade debts | 44 | €28,695 | €36,016 | +€7,321 | +25.5% |
| Suppliers | 440/4 | €28,695 | €36,016 | +€7,321 | +25.5% |
| Taxes, remuneration and social security | 45 | €12,052 | €7,162 | -€4,891 | -40.6% |
| Taxes | 450/3 | €7,535 | €4,890 | -€2,645 | -35.1% |
| Remuneration and social security | 454/9 | €4,517 | €2,272 | -€2,246 | -49.7% |
| Other amounts payable | 47/48 | €6,298 | €25,953 | +€19,655 | +312.1% |
| Remuneration, social security and pensions | 62 | €2,685 | €14,002 | +€11,317 | +421.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,793 | €13,306 | -€9,487 | -41.6% |
| Other operating charges | 640/8 | €1,913 | €8,512 | +€6,599 | +345.0% |
| Gross operating margin | 9900 | €39,458 | €9,583 | -€29,874 | -75.7% |
| Operating profit (loss) | 9901 | €12,067 | -€26,238 | -€38,304 | |
| Financial income | 75/76B | €76 | €83 | +€7 | +8.9% |
| Recurring financial income | 75 | €76 | €83 | +€7 | +8.9% |
| Financial charges | 65/66B | €2,690 | €1,178 | -€1,512 | -56.2% |
| Recurring financial charges | 65 | €2,690 | €1,178 | -€1,512 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €9,453 | -€27,333 | -€36,786 | |
| Income taxes | 67/77 | €4,644 | €246 | -€4,398 | -94.7% |
| Profit (loss) for the period | 9904 | €4,809 | -€27,579 | -€32,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,809 | -€27,579 | -€32,388 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.