VITRACON: 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.
VITRACON
Largest movements
- Receivables within one year -€31,364
down €31,364 (-75.7%), from €41,434 to €10,070
of which Trade receivables: -€32,465
- Cash -€10,486
down €10,486 (-98.6%), from €10,632 to €147
mainly Net result for the year (-€40,580) and Trade debts (-€5,924)
- Tangible fixed assets -€1,142
down €1,142 (-77.4%), from €1,475 to €333
- Deferred charges and accrued income -€701
down €701 (-31.7%), from €2,209 to €1,509
- Profit (loss) carried forward -€40,580
down €40,580 (-175.7%), from -€23,097 to -€63,676
- Trade debts -€5,924
down €5,924 (-66.2%), from €8,953 to €3,028
- Other debts +€4,913
up €4,913 (+24.4%), from €20,154 to €25,067
- Tax, wage and social debts -€2,823
down €2,823 (-87.8%), from €3,215 to €392
- Short-term financial debts +€721
new in 2025: €721
- Gross operating margin -€35,146
down €35,146 (-2154.7%), from -€1,631 to -€36,777
- Financial charges -€949
down €949 (-44.0%), from €2,154 to €1,206
- Other operating charges +€760
up €760 (+147.7%), from €515 to €1,275
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 | €55,871 | €12,179 | -€43,692 | -78.2% |
| Fixed assets | 21/28 | €1,595 | €453 | -€1,142 | -71.6% |
| Tangible fixed assets | 22/27 | €1,475 | €333 | -€1,142 | -77.4% |
| Furniture and vehicles | 24 | €1,475 | €333 | -€1,142 | -77.4% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €54,276 | €11,725 | -€42,550 | -78.4% |
| Amounts receivable within one year | 40/41 | €41,434 | €10,070 | -€31,364 | -75.7% |
| Trade receivables | 40 | €41,434 | €8,969 | -€32,465 | -78.4% |
| Other amounts receivable | 41 | - | €1,101 | +€1,101 | |
| Cash at bank and in hand | 54/58 | €10,632 | €147 | -€10,486 | -98.6% |
| Deferred charges and accrued income | 490/1 | €2,209 | €1,509 | -€701 | -31.7% |
| Total equity and liabilities | 10/49 | €55,871 | €12,179 | -€43,692 | -78.2% |
| Equity | 10/15 | €22,230 | -€18,350 | -€40,580 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €44,326 | €44,326 | = | 0.0% |
| Distributable reserves | 133 | €44,326 | €44,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,097 | -€63,676 | -€40,580 | -175.7% |
| Amounts payable | 17/49 | €33,641 | €30,529 | -€3,112 | -9.3% |
| Amounts payable within one year | 42/48 | €32,322 | €29,208 | -€3,114 | -9.6% |
| Financial debts | 43 | - | €721 | +€721 | |
| Credit institutions | 430/8 | - | €721 | +€721 | |
| Trade debts | 44 | €8,953 | €3,028 | -€5,924 | -66.2% |
| Suppliers | 440/4 | €8,953 | €3,028 | -€5,924 | -66.2% |
| Taxes, remuneration and social security | 45 | €3,215 | €392 | -€2,823 | -87.8% |
| Taxes | 450/3 | €3,215 | €392 | -€2,823 | -87.8% |
| Other amounts payable | 47/48 | €20,154 | €25,067 | +€4,913 | +24.4% |
| Accrued charges and deferred income | 492/3 | €1,319 | €1,320 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,364 | €1,142 | -€222 | -16.3% |
| Other operating charges | 640/8 | €515 | €1,275 | +€760 | +147.7% |
| Gross operating margin | 9900 | -€1,631 | -€36,777 | -€35,146 | -2154.7% |
| Operating profit (loss) | 9901 | -€3,509 | -€39,193 | -€35,684 | -1016.8% |
| Financial income | 75/76B | €8 | €5 | -€3 | -39.7% |
| Recurring financial income | 75 | €8 | €5 | -€3 | -39.7% |
| Financial charges | 65/66B | €2,154 | €1,206 | -€949 | -44.0% |
| Recurring financial charges | 65 | €2,154 | €1,206 | -€949 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,655 | -€40,394 | -€34,739 | -614.3% |
| Income taxes | 67/77 | €204 | €186 | -€19 | -9.1% |
| Profit (loss) for the period | 9904 | -€5,860 | -€40,580 | -€34,720 | -592.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,860 | -€40,580 | -€34,720 | -592.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.