Vitr'allo: 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.
Vitr'allo
Largest movements
- Receivables within one year +€55,902
up €55,902 (+175%), from €31,915 to €87,817
of which Other amounts receivable: +€61,375
- Current investments -€49,752
down €49,752 (-48.3%), from €103,020 to €53,269
- Tangible fixed assets -€9,683
down €9,683 (-22.1%), from €43,826 to €34,143
of which Furniture and vehicles: -€7,279
- Cash +€5,301
up €5,301 (+16.2%), from €32,813 to €38,114
mainly Other debts (+€116,155) and Current investments (+€49,752)
- Deferred charges and accrued income +€2,694
up €2,694 (+440%), from €612 to €3,306
- Other debts +€116,155
up €116,155 (+10,774%), from €1,078 to €117,233
- Reserves -€113,567
down €113,567 (-81.0%), from €140,276 to €26,709
- Gross operating margin -€11,443
down €11,443 (-51.7%), from €22,141 to €10,698
- Taxes -€3,735
down €3,735 (-87.4%), from €4,271 to €536
- Depreciation +€3,723
up €3,723 (+37.5%), from €9,916 to €13,639
- Financial income +€2,168
up €2,168 (+91.9%), from €2,358 to €4,525
- Other operating charges -€242
down €242 (-34.2%), from €708 to €465
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 | €217,867 | €222,281 | +€4,413 | +2.0% |
| Fixed assets | 21/28 | €43,876 | €34,143 | -€9,733 | -22.2% |
| Tangible fixed assets | 22/27 | €43,826 | €34,143 | -€9,683 | -22.1% |
| Plant, machinery and equipment | 23 | €6,825 | €4,421 | -€2,404 | -35.2% |
| Furniture and vehicles | 24 | €37,001 | €29,723 | -€7,279 | -19.7% |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100% |
| Current assets | 29/58 | €173,991 | €188,137 | +€14,146 | +8.1% |
| Stocks and contracts in progress | 3 | €5,631 | €5,631 | = | 0.0% |
| Stocks | 30/36 | €5,631 | €5,631 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,915 | €87,817 | +€55,902 | +175% |
| Trade receivables | 40 | €5,472 | €0 | -€5,472 | -100% |
| Other amounts receivable | 41 | €26,443 | €87,817 | +€61,375 | +232% |
| Current investments | 50/53 | €103,020 | €53,269 | -€49,752 | -48.3% |
| Cash at bank and in hand | 54/58 | €32,813 | €38,114 | +€5,301 | +16.2% |
| Deferred charges and accrued income | 490/1 | €612 | €3,306 | +€2,694 | +440% |
| Total equity and liabilities | 10/49 | €217,867 | €222,281 | +€4,413 | +2.0% |
| Equity | 10/15 | €216,404 | €102,837 | -€113,567 | -52.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,276 | €26,709 | -€113,567 | -81.0% |
| Distributable reserves | 133 | €140,276 | €26,709 | -€113,567 | -81.0% |
| Profit (loss) carried forward | 14 | €63,728 | €63,728 | = | 0.0% |
| Amounts payable | 17/49 | €1,464 | €119,443 | +€117,980 | +8,061% |
| Amounts payable within one year | 42/48 | €1,464 | €119,443 | +€117,980 | +8,061% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €386 | €2,133 | +€1,747 | +453% |
| Suppliers | 440/4 | €386 | €2,133 | +€1,747 | +453% |
| Taxes, remuneration and social security | 45 | €0 | €77 | +€77 | |
| Taxes | 450/3 | €0 | €77 | +€77 | |
| Other amounts payable | 47/48 | €1,078 | €117,233 | +€116,155 | +10,774% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,916 | €13,639 | +€3,723 | +37.5% |
| Other operating charges | 640/8 | €708 | €465 | -€242 | -34.2% |
| Gross operating margin | 9900 | €22,141 | €10,698 | -€11,443 | -51.7% |
| Operating profit (loss) | 9901 | €11,517 | -€3,407 | -€14,924 | |
| Financial income | 75/76B | €2,358 | €4,525 | +€2,168 | +91.9% |
| Recurring financial income | 75 | €2,358 | €4,525 | +€2,168 | +91.9% |
| Financial charges | 65/66B | €158 | €179 | +€21 | +13.0% |
| Recurring financial charges | 65 | €158 | €179 | +€21 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €13,716 | €939 | -€12,777 | -93.2% |
| Income taxes | 67/77 | €4,271 | €536 | -€3,735 | -87.4% |
| Profit (loss) for the period | 9904 | €9,445 | €403 | -€9,041 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,445 | €403 | -€9,041 | -95.7% |
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 14 October 2026 via checked.be.