VITOJA: 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.
VITOJA
Largest movements
- Current investments +€184,050
up €184,050 (+69.3%), from €265,685 to €449,735
- Cash -€117,837
down €117,837 (-37.2%), from €317,147 to €199,310
mainly Current investments (-€184,050) and Trade debts (-€21,029)
- Tangible fixed assets -€30,035
down €30,035 (-49.6%), from €60,580 to €30,544
of which Furniture and vehicles: -€27,248
- Receivables within one year -€25,685
down €25,685 (-61.4%), from €41,811 to €16,126
of which Trade receivables: -€37,271
- Stocks and contracts +€8,986
up €8,986 (+10.3%), from €87,263 to €96,250
- Reserves +€42,300
up €42,300 (+9.3%), from €453,750 to €496,050
- Trade debts -€21,029
down €21,029 (-9.4%), from €224,692 to €203,663
- Tax, wage and social debts -€8,406
down €8,406 (-20.3%), from €41,420 to €33,014
of which Taxes: -€13,621
- Gross operating margin -€21,093
down €21,093 (-5.9%), from €354,795 to €333,702
- Depreciation +€18,617
up €18,617 (+153.6%), from €12,123 to €30,740
- Taxes -€12,371
down €12,371 (-30.3%), from €40,821 to €28,450
- Staff costs +€11,216
up €11,216 (+5.3%), from €211,834 to €223,050
- Financial income +€6,366
up €6,366 (+70.0%), from €9,092 to €15,458
of which Financial income: +€12,320
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 | €775,127 | €794,701 | +€19,573 | +2.5% |
| Fixed assets | 21/28 | €60,640 | €30,604 | -€30,035 | -49.5% |
| Tangible fixed assets | 22/27 | €60,580 | €30,544 | -€30,035 | -49.6% |
| Plant, machinery and equipment | 23 | €5,150 | €3,931 | -€1,219 | -23.7% |
| Furniture and vehicles | 24 | €49,537 | €22,290 | -€27,248 | -55.0% |
| Other tangible fixed assets | 26 | €5,892 | €4,324 | -€1,568 | -26.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €714,488 | €764,096 | +€49,609 | +6.9% |
| Stocks and contracts in progress | 3 | €87,263 | €96,250 | +€8,986 | +10.3% |
| Stocks | 30/36 | €87,263 | €96,250 | +€8,986 | +10.3% |
| Amounts receivable within one year | 40/41 | €41,811 | €16,126 | -€25,685 | -61.4% |
| Trade receivables | 40 | €41,811 | €4,540 | -€37,271 | -89.1% |
| Other amounts receivable | 41 | - | €11,586 | +€11,586 | |
| Current investments | 50/53 | €265,685 | €449,735 | +€184,050 | +69.3% |
| Cash at bank and in hand | 54/58 | €317,147 | €199,310 | -€117,837 | -37.2% |
| Deferred charges and accrued income | 490/1 | €2,582 | €2,676 | +€94 | +3.6% |
| Total equity and liabilities | 10/49 | €775,127 | €794,701 | +€19,573 | +2.5% |
| Equity | 10/15 | €477,121 | €519,461 | +€42,340 | +8.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €453,750 | €496,050 | +€42,300 | +9.3% |
| Distributable reserves | 133 | €453,750 | €496,050 | +€42,300 | +9.3% |
| Profit (loss) carried forward | 14 | €2,911 | €2,951 | +€40 | +1.4% |
| Amounts payable | 17/49 | €298,006 | €275,239 | -€22,767 | -7.6% |
| Amounts payable within one year | 42/48 | €298,006 | €275,107 | -€22,899 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €2,221 | €2,221 | = | 0.0% |
| Trade debts | 44 | €224,692 | €203,663 | -€21,029 | -9.4% |
| Suppliers | 440/4 | €224,692 | €203,663 | -€21,029 | -9.4% |
| Taxes, remuneration and social security | 45 | €41,420 | €33,014 | -€8,406 | -20.3% |
| Taxes | 450/3 | €17,021 | €3,400 | -€13,621 | -80.0% |
| Remuneration and social security | 454/9 | €24,399 | €29,614 | +€5,215 | +21.4% |
| Other amounts payable | 47/48 | €29,673 | €36,209 | +€6,536 | +22.0% |
| Accrued charges and deferred income | 492/3 | - | €132 | +€132 | |
| Remuneration, social security and pensions | 62 | €211,834 | €223,050 | +€11,216 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,123 | €30,740 | +€18,617 | +153.6% |
| Other operating charges | 640/8 | €3,854 | €1,494 | -€2,360 | -61.2% |
| Gross operating margin | 9900 | €354,795 | €333,702 | -€21,093 | -5.9% |
| Operating profit (loss) | 9901 | €126,984 | €78,419 | -€48,566 | -38.2% |
| Financial income | 75/76B | €9,092 | €15,458 | +€6,366 | +70.0% |
| Recurring financial income | 75 | €3,137 | €15,458 | +€12,320 | +392.7% |
| Non-recurring financial income | 76B | €5,955 | - | -€5,955 | |
| Financial charges | 65/66B | €1,447 | €5,786 | +€4,339 | +299.9% |
| Recurring financial charges | 65 | €1,447 | €5,786 | +€4,339 | +299.9% |
| Profit (loss) for the period before taxes | 9903 | €134,630 | €88,090 | -€46,539 | -34.6% |
| Income taxes | 67/77 | €40,821 | €28,450 | -€12,371 | -30.3% |
| Profit (loss) for the period | 9904 | €93,809 | €59,640 | -€34,169 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,809 | €59,640 | -€34,169 | -36.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.