VITRO - Service: 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.
VITRO - Service
Largest movements
- Receivables within one year +€29,735
up €29,735 (+13.3%), from €224,275 to €254,010
of which Other amounts receivable: +€30,876
- Cash -€12,569
down €12,569 (-42.4%), from €29,650 to €17,081
mainly Trade debts (-€68,400) and Debts after one year (-€50,129)
- Tangible fixed assets +€6,134
up €6,134 (+2.5%), from €246,048 to €252,182
of which Plant, machinery and equipment: +€19,711
- Tax, wage and social debts +€83,530
up €83,530 (+267%), from €31,310 to €114,840
of which Remuneration and social security: +€80,920
- Trade debts -€68,400
down €68,400 (-82.2%), from €83,232 to €14,833
of which Suppliers: -€68,400
- Debts after one year -€50,129
down €50,129 (-24.5%), from €204,871 to €154,741
- Current portion of long-term debt +€24,767
up €24,767 (+5,437%), from €456 to €25,222
- Profit (loss) carried forward +€21,320
up €21,320 (+23.3%), from €91,663 to €112,983
- Gross operating margin -€11,213
down €11,213 (-3.3%), from €336,749 to €325,536
- Other operating charges +€4,529
up €4,529 (+61.2%), from €7,406 to €11,935
- Staff costs -€4,377
down €4,377 (-1.6%), from €276,822 to €272,445
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €505,295 | €525,672 | +€20,377 | +4.0% |
| Fixed assets | 21/28 | €246,548 | €252,682 | +€6,134 | +2.5% |
| Tangible fixed assets | 22/27 | €246,048 | €252,182 | +€6,134 | +2.5% |
| Land and buildings | 22 | €225,881 | €217,193 | -€8,688 | -3.8% |
| Plant, machinery and equipment | 23 | €3,287 | €22,997 | +€19,711 | +600% |
| Furniture and vehicles | 24 | €16,880 | €11,991 | -€4,889 | -29.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €258,747 | €272,990 | +€14,243 | +5.5% |
| Amounts receivable within one year | 40/41 | €224,275 | €254,010 | +€29,735 | +13.3% |
| Trade receivables | 40 | €147,948 | €146,808 | -€1,140 | -0.8% |
| Other amounts receivable | 41 | €76,327 | €107,202 | +€30,876 | +40.5% |
| Cash at bank and in hand | 54/58 | €29,650 | €17,081 | -€12,569 | -42.4% |
| Deferred charges and accrued income | 490/1 | €4,823 | €1,899 | -€2,923 | -60.6% |
| Total equity and liabilities | 10/49 | €505,295 | €525,672 | +€20,377 | +4.0% |
| Equity | 10/15 | €173,412 | €194,732 | +€21,320 | +12.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €19,749 | €19,749 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,978 | €8,978 | = | 0.0% |
| Legal reserve | 130 | €8,978 | €8,978 | = | 0.0% |
| Distributable reserves | 133 | €10,771 | €10,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,663 | €112,983 | +€21,320 | +23.3% |
| Amounts payable | 17/49 | €331,883 | €330,941 | -€943 | -0.3% |
| Amounts payable after more than one year | 17 | €204,871 | €154,741 | -€50,129 | -24.5% |
| Financial debts | 170/4 | €204,871 | €154,741 | -€50,129 | -24.5% |
| Amounts payable within one year | 42/48 | €126,998 | €176,199 | +€49,201 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | €456 | €25,222 | +€24,767 | +5,437% |
| Financial debts | 43 | €12,000 | €21,304 | +€9,304 | +77.5% |
| Credit institutions | 430/8 | €12,000 | €13,139 | +€1,139 | +9.5% |
| Other loans | 439 | - | €8,165 | +€8,165 | |
| Trade debts | 44 | €83,232 | €14,833 | -€68,400 | -82.2% |
| Suppliers | 440/4 | €83,232 | €14,833 | -€68,400 | -82.2% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €31,310 | €114,840 | +€83,530 | +267% |
| Taxes | 450/3 | €14,709 | €17,319 | +€2,610 | +17.7% |
| Remuneration and social security | 454/9 | €16,602 | €97,522 | +€80,920 | +487% |
| Accrued charges and deferred income | 492/3 | €14 | - | -€14 | |
| Non-recurring operating income | 76A | - | €14,108 | +€14,108 | |
| Remuneration, social security and pensions | 62 | €276,822 | €272,445 | -€4,377 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,760 | €14,932 | -€1,827 | -10.9% |
| Other operating charges | 640/8 | €7,406 | €11,935 | +€4,529 | +61.2% |
| Gross operating margin | 9900 | €336,749 | €325,536 | -€11,213 | -3.3% |
| Operating profit (loss) | 9901 | €35,761 | €26,224 | -€9,538 | -26.7% |
| Financial income | 75/76B | €3,792 | €5,650 | +€1,858 | +49.0% |
| Recurring financial income | 75 | €3,792 | €5,650 | +€1,858 | +49.0% |
| Financial charges | 65/66B | €6,331 | €7,272 | +€941 | +14.9% |
| Recurring financial charges | 65 | €6,331 | €7,272 | +€941 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €33,222 | €24,602 | -€8,620 | -25.9% |
| Income taxes | 67/77 | €8,010 | €5,738 | -€2,272 | -28.4% |
| Profit (loss) for the period | 9904 | €25,211 | €18,863 | -€6,348 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,211 | €18,863 | -€6,348 | -25.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.