VitiGreen: 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.
VitiGreen
Largest movements
- Tangible fixed assets +€16,585
up €16,585 (+54.7%), from €30,307 to €46,891
of which Furniture and vehicles: +€22,383
- Cash -€7,626
down €7,626 (-68.9%), from €11,066 to €3,440
mainly Investment in fixed assets (net) (-€30,631) and Other debts (-€28,270)
- Receivables within one year -€1,155
down €1,155 (-19.7%), from €5,860 to €4,704
of which Trade receivables: -€1,655
- Profit (loss) carried forward +€28,324
up €28,324, from -€12,347 to €15,977
- Other debts -€28,270
down €28,270 (-55.7%), from €50,719 to €22,450
- Tax, wage and social debts +€7,853
up €7,853 (+520.3%), from €1,509 to €9,362
of which Remuneration and social security: +€6,150
- Gross operating margin +€24,993
up €24,993 (+89.5%), from €27,926 to €52,919
- Taxes +€9,050
new in 2025: €9,050
- Depreciation +€7,824
up €7,824 (+125.8%), from €6,222 to €14,046
- Other operating charges -€961
down €961 (-53.3%), from €1,803 to €842
- Financial charges -€578
down €578 (-46.8%), from €1,236 to €658
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 | €49,213 | €56,823 | +€7,611 | +15.5% |
| Fixed assets | 21/28 | €30,481 | €47,065 | +€16,585 | +54.4% |
| Tangible fixed assets | 22/27 | €30,307 | €46,891 | +€16,585 | +54.7% |
| Plant, machinery and equipment | 23 | €30,307 | €24,508 | -€5,799 | -19.1% |
| Furniture and vehicles | 24 | €0 | €22,383 | +€22,383 | |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €18,732 | €9,758 | -€8,974 | -47.9% |
| Amounts receivable within one year | 40/41 | €5,860 | €4,704 | -€1,155 | -19.7% |
| Trade receivables | 40 | €2,855 | €1,200 | -€1,655 | -58.0% |
| Other amounts receivable | 41 | €3,005 | €3,504 | +€500 | +16.6% |
| Cash at bank and in hand | 54/58 | €11,066 | €3,440 | -€7,626 | -68.9% |
| Deferred charges and accrued income | 490/1 | €1,806 | €1,613 | -€193 | -10.7% |
| Total equity and liabilities | 10/49 | €49,213 | €56,823 | +€7,611 | +15.5% |
| Equity | 10/15 | -€6,147 | €22,177 | +€28,324 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,347 | €15,977 | +€28,324 | |
| Amounts payable | 17/49 | €55,360 | €34,647 | -€20,713 | -37.4% |
| Amounts payable within one year | 42/48 | €55,360 | €34,647 | -€20,713 | -37.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,132 | €2,835 | -€297 | -9.5% |
| Suppliers | 440/4 | €3,132 | €2,835 | -€297 | -9.5% |
| Taxes, remuneration and social security | 45 | €1,509 | €9,362 | +€7,853 | +520.3% |
| Taxes | 450/3 | €259 | €1,962 | +€1,703 | +657.1% |
| Remuneration and social security | 454/9 | €1,250 | €7,400 | +€6,150 | +492.0% |
| Other amounts payable | 47/48 | €50,719 | €22,450 | -€28,270 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,222 | €14,046 | +€7,824 | +125.8% |
| Other operating charges | 640/8 | €1,803 | €842 | -€961 | -53.3% |
| Gross operating margin | 9900 | €27,926 | €52,919 | +€24,993 | +89.5% |
| Operating profit (loss) | 9901 | €19,902 | €38,031 | +€18,130 | +91.1% |
| Financial charges | 65/66B | €1,236 | €658 | -€578 | -46.8% |
| Recurring financial charges | 65 | €1,236 | €658 | -€578 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €18,666 | €37,374 | +€18,708 | +100.2% |
| Income taxes | 67/77 | - | €9,050 | +€9,050 | |
| Profit (loss) for the period | 9904 | €18,666 | €28,324 | +€9,658 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,666 | €28,324 | +€9,658 | +51.7% |
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 9 October 2026 via checked.be.