VITHUS: 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.
VITHUS
Largest movements
- Receivables within one year +€21,930
up €21,930 (+37811.0%), from €58 to €21,988
of which Trade receivables: +€12,100
- Cash +€2,777
up €2,777 (+5.4%), from €51,453 to €54,230
mainly Net result for the year (+€38,254) and Trade debts (+€1,503)
- Tangible fixed assets +€1,745
new in 2025: €1,745
- Deferred charges and accrued income +€1,036
up €1,036 (+11.2%), from €9,237 to €10,273
- Profit (loss) carried forward +€28,254
up €28,254 (+85.4%), from €33,096 to €61,351
- Tax, wage and social debts -€1,817
down €1,817 (-16.6%), from €10,921 to €9,104
- Trade debts +€1,503
up €1,503 (+70.6%), from €2,131 to €3,634
- Gross operating margin +€4,712
up €4,712 (+10.2%), from €46,202 to €50,914
- Financial charges +€1,314
new in 2025: €1,314
- Taxes -€1,242
down €1,242 (-10.9%), from €11,412 to €10,170
- Depreciation -€793
down €793 (-60.7%), from €1,307 to €513
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 | €60,940 | €88,336 | +€27,396 | +45.0% |
| Formation expenses | 20 | €192 | - | -€192 | |
| Fixed assets | 21/28 | - | €1,845 | +€1,845 | |
| Tangible fixed assets | 22/27 | - | €1,745 | +€1,745 | |
| Furniture and vehicles | 24 | - | €1,745 | +€1,745 | |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €60,748 | €86,491 | +€25,743 | +42.4% |
| Amounts receivable within one year | 40/41 | €58 | €21,988 | +€21,930 | +37811.0% |
| Trade receivables | 40 | €58 | €12,158 | +€12,100 | +20862.1% |
| Other amounts receivable | 41 | - | €9,830 | +€9,830 | |
| Cash at bank and in hand | 54/58 | €51,453 | €54,230 | +€2,777 | +5.4% |
| Deferred charges and accrued income | 490/1 | €9,237 | €10,273 | +€1,036 | +11.2% |
| Total equity and liabilities | 10/49 | €60,940 | €88,336 | +€27,396 | +45.0% |
| Equity | 10/15 | €35,096 | €63,351 | +€28,254 | +80.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,096 | €61,351 | +€28,254 | +85.4% |
| Amounts payable | 17/49 | €25,844 | €24,985 | -€859 | -3.3% |
| Amounts payable within one year | 42/48 | €25,844 | €24,985 | -€859 | -3.3% |
| Trade debts | 44 | €2,131 | €3,634 | +€1,503 | +70.6% |
| Suppliers | 440/4 | €2,131 | €3,634 | +€1,503 | +70.6% |
| Taxes, remuneration and social security | 45 | €10,921 | €9,104 | -€1,817 | -16.6% |
| Taxes | 450/3 | €10,921 | €9,104 | -€1,817 | -16.6% |
| Other amounts payable | 47/48 | €12,792 | €12,247 | -€545 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307 | €513 | -€793 | -60.7% |
| Other operating charges | 640/8 | €387 | €663 | +€275 | +71.1% |
| Gross operating margin | 9900 | €46,202 | €50,914 | +€4,712 | +10.2% |
| Operating profit (loss) | 9901 | €44,508 | €49,738 | +€5,230 | +11.8% |
| Financial charges | 65/66B | - | €1,314 | +€1,314 | |
| Recurring financial charges | 65 | - | €1,314 | +€1,314 | |
| Profit (loss) for the period before taxes | 9903 | €44,508 | €48,424 | +€3,916 | +8.8% |
| Income taxes | 67/77 | €11,412 | €10,170 | -€1,242 | -10.9% |
| Profit (loss) for the period | 9904 | €33,096 | €38,254 | +€5,158 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,096 | €38,254 | +€5,158 | +15.6% |
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 1 October 2026 via checked.be.