VITO PL: 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.
VITO PL
Largest movements
- Receivables within one year -€54,816
down €54,816 (-83.1%), from €65,972 to €11,155
of which Trade receivables: -€31,002
- Cash -€12,155
down €12,155 (-61.5%), from €19,760 to €7,605
mainly Trade debts (-€76,514) and Tax, wage and social debts (-€17,355)
- Tangible fixed assets -€5,641
down €5,641 (-57.7%), from €9,782 to €4,142
of which Furniture and vehicles: -€2,926
- Stocks and contracts -€5,306
down €5,306 (-62.8%), from €8,455 to €3,149
- Trade debts -€76,514
down €76,514 (-88.6%), from €86,319 to €9,806
- Tax, wage and social debts -€17,355
down €17,355 (-62.6%), from €27,709 to €10,354
of which Remuneration and social security: -€16,132
- Profit (loss) carried forward +€8,052
up €8,052 (+60.8%), from -€13,253 to -€5,201
- Other debts +€7,564
new in 2024: €7,564
- Turnover +€660,336
new in 2024: €660,336
- Purchases and services +€641,928
new in 2024: €641,928
- Gross operating margin +€49,599
up €49,599, from -€29,511 to €20,088
- Write-downs +€9,369
up €9,369, from -€4,063 to €5,306
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 | €104,304 | €26,052 | -€78,253 | -75.0% |
| Fixed assets | 21/28 | €9,782 | €4,142 | -€5,641 | -57.7% |
| Tangible fixed assets | 22/27 | €9,782 | €4,142 | -€5,641 | -57.7% |
| Plant, machinery and equipment | 23 | €5,524 | €2,810 | -€2,715 | -49.1% |
| Furniture and vehicles | 24 | €4,258 | €1,332 | -€2,926 | -68.7% |
| Current assets | 29/58 | €94,522 | €21,910 | -€72,612 | -76.8% |
| Stocks and contracts in progress | 3 | €8,455 | €3,149 | -€5,306 | -62.8% |
| Stocks | 30/36 | €8,455 | €3,149 | -€5,306 | -62.8% |
| Amounts receivable within one year | 40/41 | €65,972 | €11,155 | -€54,816 | -83.1% |
| Trade receivables | 40 | €40,955 | €9,953 | -€31,002 | -75.7% |
| Other amounts receivable | 41 | €25,017 | €1,203 | -€23,814 | -95.2% |
| Cash at bank and in hand | 54/58 | €19,760 | €7,605 | -€12,155 | -61.5% |
| Deferred charges and accrued income | 490/1 | €335 | - | -€335 | |
| Total equity and liabilities | 10/49 | €104,304 | €26,052 | -€78,253 | -75.0% |
| Equity | 10/15 | -€9,724 | -€1,672 | +€8,052 | +82.8% |
| Contributions | 10/11 | €2,700 | €2,700 | = | 0.0% |
| Capital | 10 | €2,700 | - | -€2,700 | |
| Issued capital | 100 | €2,700 | - | -€2,700 | |
| Reserves | 13 | €829 | €829 | = | 0.0% |
| Non-distributable reserves | 130/1 | €829 | €829 | = | 0.0% |
| Legal reserve | 130 | €829 | - | -€829 | |
| Reserves not available under the articles | 1311 | - | €829 | +€829 | |
| Profit (loss) carried forward | 14 | -€13,253 | -€5,201 | +€8,052 | +60.8% |
| Amounts payable | 17/49 | €114,028 | €27,723 | -€86,305 | -75.7% |
| Amounts payable within one year | 42/48 | €114,028 | €27,723 | -€86,305 | -75.7% |
| Trade debts | 44 | €86,319 | €9,806 | -€76,514 | -88.6% |
| Suppliers | 440/4 | €86,319 | €9,806 | -€76,514 | -88.6% |
| Taxes, remuneration and social security | 45 | €27,709 | €10,354 | -€17,355 | -62.6% |
| Taxes | 450/3 | €5,777 | €4,554 | -€1,224 | -21.2% |
| Remuneration and social security | 454/9 | €21,932 | €5,800 | -€16,132 | -73.6% |
| Other amounts payable | 47/48 | - | €7,564 | +€7,564 | |
| Turnover | 70 | - | €660,336 | +€660,336 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €641,928 | +€641,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,965 | €3,455 | +€490 | +16.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,063 | €5,306 | +€9,369 | |
| Other operating charges | 640/8 | €454 | €291 | -€163 | -36.0% |
| Non-recurring operating charges | 66A | - | €656 | +€656 | |
| Gross operating margin | 9900 | -€29,511 | €20,088 | +€49,599 | |
| Operating profit (loss) | 9901 | -€28,867 | €10,380 | +€39,247 | |
| Financial income | 75/76B | €65 | €435 | +€369 | +564.1% |
| Recurring financial income | 75 | €65 | €435 | +€369 | +564.1% |
| Financial charges | 65/66B | €334 | €369 | +€35 | +10.3% |
| Recurring financial charges | 65 | €334 | €369 | +€35 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,135 | €10,447 | +€39,582 | |
| Income taxes | 67/77 | -€128 | €2,395 | +€2,523 | |
| Profit (loss) for the period | 9904 | -€29,007 | €8,052 | +€37,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,007 | €8,052 | +€37,059 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.