Vitis Regulatory: 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.
Vitis Regulatory
Largest movements
- Receivables within one year +€215,534
up €215,534 (+30.8%), from €699,987 to €915,521
of which Trade receivables: +€250,080
- Cash -€199,059
down €199,059 (-34.3%), from €579,791 to €380,733
mainly Receivables within one year (-€215,534) and Trade debts (-€178,194)
- Trade debts -€178,194
down €178,194 (-16.2%), from €1.1m to €923,948
- Reserves +€143,210
up €143,210 (+118%), from €121,460 to €264,670
- Tax, wage and social debts +€47,769
up €47,769 (+86.0%), from €55,556 to €103,325
of which Taxes: +€37,906
- Gross operating margin +€205,718
up €205,718 (+323%), from €63,653 to €269,370
- Staff costs -€37,306
down €37,306 (-28.2%), from €132,153 to €94,847
- Taxes +€27,464
up €27,464, from €0 to €27,464
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 | €1,285,358 | €1,298,143 | +€12,785 | +1.0% |
| Fixed assets | 21/28 | €3,087 | €1,800 | -€1,287 | -41.7% |
| Tangible fixed assets | 22/27 | €1,287 | €0 | -€1,287 | -100% |
| Furniture and vehicles | 24 | €1,287 | €0 | -€1,287 | -100% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €1,282,271 | €1,296,343 | +€14,072 | +1.1% |
| Amounts receivable within one year | 40/41 | €699,987 | €915,521 | +€215,534 | +30.8% |
| Trade receivables | 40 | €635,441 | €885,521 | +€250,080 | +39.4% |
| Other amounts receivable | 41 | €64,545 | €30,000 | -€34,545 | -53.5% |
| Cash at bank and in hand | 54/58 | €579,791 | €380,733 | -€199,059 | -34.3% |
| Deferred charges and accrued income | 490/1 | €2,493 | €89 | -€2,404 | -96.4% |
| Total equity and liabilities | 10/49 | €1,285,358 | €1,298,143 | +€12,785 | +1.0% |
| Equity | 10/15 | €127,660 | €270,870 | +€143,210 | +112% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €121,460 | €264,670 | +€143,210 | +118% |
| Distributable reserves | 133 | €121,460 | €264,670 | +€143,210 | +118% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,157,698 | €1,027,273 | -€130,425 | -11.3% |
| Amounts payable within one year | 42/48 | €1,157,698 | €1,027,273 | -€130,425 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,102,142 | €923,948 | -€178,194 | -16.2% |
| Suppliers | 440/4 | €1,102,142 | €923,948 | -€178,194 | -16.2% |
| Taxes, remuneration and social security | 45 | €55,556 | €103,325 | +€47,769 | +86.0% |
| Taxes | 450/3 | €52,418 | €90,324 | +€37,906 | +72.3% |
| Remuneration and social security | 454/9 | €3,138 | €13,001 | +€9,863 | +314% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €132,153 | €94,847 | -€37,306 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,651 | €1,287 | -€364 | -22.1% |
| Other operating charges | 640/8 | €66 | €1,367 | +€1,301 | +1,968% |
| Gross operating margin | 9900 | €63,653 | €269,370 | +€205,718 | +323% |
| Operating profit (loss) | 9901 | -€70,217 | €171,869 | +€242,087 | |
| Financial income | 75/76B | €0 | €697 | +€697 | +2,323,533% |
| Recurring financial income | 75 | €0 | €697 | +€697 | +2,323,533% |
| Financial charges | 65/66B | €1,859 | €1,893 | +€34 | +1.8% |
| Recurring financial charges | 65 | €1,859 | €1,893 | +€34 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€72,076 | €170,674 | +€242,750 | |
| Income taxes | 67/77 | €0 | €27,464 | +€27,464 | |
| Profit (loss) for the period | 9904 | -€72,076 | €143,210 | +€215,286 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,076 | €143,210 | +€215,286 |
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 17 October 2026 via checked.be.