VITRAVITRAGLASS: 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.
VITRAVITRAGLASS
Largest movements
- Receivables within one year +€42,224
up €42,224 (+150.0%), from €28,158 to €70,382
of which Trade receivables: +€42,779
- Cash +€21,196
up €21,196 (+803.9%), from €2,637 to €23,832
mainly Trade debts (+€44,073) and Net result for the year (+€20,361)
- Trade debts +€44,073
up €44,073 (+23368.8%), from €189 to €44,262
- Profit (loss) carried forward +€20,361
up €20,361 (+153.0%), from €13,310 to €33,671
- Advances received -€12,757
down €12,757 (-74.2%), from €17,194 to €4,437
- Tax, wage and social debts +€11,257
up €11,257 (+159.7%), from €7,049 to €18,306
of which Taxes: +€5,839
- Contributions +€5,000
up €5,000 (+100.0%), from €5,000 to €10,000
- Gross operating margin +€19,226
up €19,226 (+94.3%), from €20,392 to €39,619
- Depreciation +€6,320
up €6,320 (+111.5%), from €5,667 to €11,987
- Taxes +€2,976
up €2,976 (+103.9%), from €2,863 to €5,839
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 | €48,706 | €111,642 | +€62,936 | +129.2% |
| Fixed assets | 21/28 | €17,911 | €17,427 | -€485 | -2.7% |
| Tangible fixed assets | 22/27 | €17,833 | €17,349 | -€485 | -2.7% |
| Plant, machinery and equipment | 23 | - | €3,333 | +€3,333 | |
| Furniture and vehicles | 24 | €17,833 | €14,015 | -€3,818 | -21.4% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €30,795 | €94,215 | +€63,420 | +205.9% |
| Amounts receivable within one year | 40/41 | €28,158 | €70,382 | +€42,224 | +150.0% |
| Trade receivables | 40 | €27,257 | €70,035 | +€42,779 | +156.9% |
| Other amounts receivable | 41 | €901 | €347 | -€555 | -61.5% |
| Cash at bank and in hand | 54/58 | €2,637 | €23,832 | +€21,196 | +803.9% |
| Total equity and liabilities | 10/49 | €48,706 | €111,642 | +€62,936 | +129.2% |
| Equity | 10/15 | €18,310 | €43,671 | +€25,361 | +138.5% |
| Contributions | 10/11 | €5,000 | €10,000 | +€5,000 | +100.0% |
| Profit (loss) carried forward | 14 | €13,310 | €33,671 | +€20,361 | +153.0% |
| Amounts payable | 17/49 | €30,396 | €67,970 | +€37,574 | +123.6% |
| Amounts payable within one year | 42/48 | €30,396 | €67,970 | +€37,574 | +123.6% |
| Trade debts | 44 | €189 | €44,262 | +€44,073 | +23368.8% |
| Suppliers | 440/4 | €189 | €44,262 | +€44,073 | +23368.8% |
| Advances received on contracts in progress | 46 | €17,194 | €4,437 | -€12,757 | -74.2% |
| Taxes, remuneration and social security | 45 | €7,049 | €18,306 | +€11,257 | +159.7% |
| Taxes | 450/3 | €3,777 | €9,616 | +€5,839 | +154.6% |
| Remuneration and social security | 454/9 | €3,272 | €8,690 | +€5,418 | +165.6% |
| Other amounts payable | 47/48 | €5,965 | €965 | -€5,000 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,667 | €11,987 | +€6,320 | +111.5% |
| Other operating charges | 640/8 | €1,139 | €1,278 | +€139 | +12.2% |
| Gross operating margin | 9900 | €20,392 | €39,619 | +€19,226 | +94.3% |
| Operating profit (loss) | 9901 | €13,587 | €26,354 | +€12,767 | +94.0% |
| Financial charges | 65/66B | €153 | €153 | -€0 | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €13,433 | €26,201 | +€12,767 | +95.0% |
| Income taxes | 67/77 | €2,863 | €5,839 | +€2,976 | +103.9% |
| Profit (loss) for the period | 9904 | €10,570 | €20,361 | +€9,791 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,570 | €20,361 | +€9,791 | +92.6% |
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 9 October 2026 via checked.be.