VITRERIE ATHOISE: 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.
VITRERIE ATHOISE
Largest movements
- Receivables within one year +€123,446
up €123,446 (+82.1%), from €150,279 to €273,725
of which Other amounts receivable: +€124,199
- Other debts +€60,900
up €60,900 (+435%), from €14,000 to €74,900
- Reserves +€60,000
up €60,000 (+272%), from €22,066 to €82,066
of which Distributable reserves: +€60,000
- Tax, wage and social debts +€26,186
up €26,186 (+113%), from €23,201 to €49,387
of which Taxes: +€29,228
- Profit (loss) carried forward -€20,654
down €20,654 (-32.2%), from €64,053 to €43,399
- Financial income +€126,484
new in 2025: €126,484
- Gross operating margin -€11,968
down €11,968 (-6.9%), from €173,820 to €161,852
- Taxes +€6,436
up €6,436 (+78.2%), from €8,230 to €14,666
- Financial charges -€3,378
down €3,378 (-73.4%), from €4,604 to €1,226
- Write-downs -€2,825
no longer reported in 2025 (was €2,825)
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 | €266,372 | €393,282 | +€126,910 | +47.6% |
| Fixed assets | 21/28 | €112,428 | €112,428 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,428 | €12,428 | = | 0.0% |
| Land and buildings | 22 | €12,428 | €12,428 | = | 0.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €153,944 | €280,854 | +€126,910 | +82.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €150,279 | €273,725 | +€123,446 | +82.1% |
| Trade receivables | 40 | €143,670 | €142,917 | -€753 | -0.5% |
| Other amounts receivable | 41 | €6,609 | €130,808 | +€124,199 | +1,879% |
| Cash at bank and in hand | 54/58 | €3,665 | €3,221 | -€444 | -12.1% |
| Deferred charges and accrued income | 490/1 | - | €3,908 | +€3,908 | |
| Total equity and liabilities | 10/49 | €266,372 | €393,282 | +€126,910 | +47.6% |
| Equity | 10/15 | €218,000 | €257,346 | +€39,346 | +18.0% |
| Contributions | 10/11 | €31,700 | €31,700 | = | 0.0% |
| Revaluation surpluses | 12 | €100,181 | €100,181 | = | 0.0% |
| Reserves | 13 | €22,066 | €82,066 | +€60,000 | +272% |
| Non-distributable reserves | 130/1 | €3,406 | €3,406 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,406 | €3,406 | = | 0.0% |
| Distributable reserves | 133 | €18,660 | €78,660 | +€60,000 | +322% |
| Profit (loss) carried forward | 14 | €64,053 | €43,399 | -€20,654 | -32.2% |
| Amounts payable | 17/49 | €48,372 | €135,936 | +€87,564 | +181% |
| Amounts payable within one year | 42/48 | €48,372 | €135,936 | +€87,564 | +181% |
| Trade debts | 44 | €11,171 | €11,649 | +€478 | +4.3% |
| Suppliers | 440/4 | €11,171 | €11,649 | +€478 | +4.3% |
| Taxes, remuneration and social security | 45 | €23,201 | €49,387 | +€26,186 | +113% |
| Taxes | 450/3 | €19,239 | €48,467 | +€29,228 | +152% |
| Remuneration and social security | 454/9 | €3,962 | €920 | -€3,042 | -76.8% |
| Other amounts payable | 47/48 | €14,000 | €74,900 | +€60,900 | +435% |
| Remuneration, social security and pensions | 62 | €120,017 | €118,039 | -€1,978 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,825 | - | -€2,825 | |
| Other operating charges | 640/8 | €7,866 | €8,059 | +€193 | +2.5% |
| Gross operating margin | 9900 | €173,820 | €161,852 | -€11,968 | -6.9% |
| Operating profit (loss) | 9901 | €43,112 | €35,754 | -€7,358 | -17.1% |
| Financial income | 75/76B | - | €126,484 | +€126,484 | |
| Recurring financial income | 75 | - | €126,484 | +€126,484 | |
| Financial charges | 65/66B | €4,604 | €1,226 | -€3,378 | -73.4% |
| Recurring financial charges | 65 | €4,604 | €1,226 | -€3,378 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €38,508 | €161,012 | +€122,504 | +318% |
| Income taxes | 67/77 | €8,230 | €14,666 | +€6,436 | +78.2% |
| Profit (loss) for the period | 9904 | €30,278 | €146,346 | +€116,068 | +383% |
| Profit (loss) for the period to be appropriated | 9905 | €30,278 | €146,346 | +€116,068 | +383% |
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 24 October 2026 via checked.be.