VITROPLUS: 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.
VITROPLUS
Largest movements
- Cash +€98,088
up €98,088 (+57.2%), from €171,589 to €269,677
mainly Net result for the year (+€212,428) and Depreciation (+€147,713)
- Receivables within one year +€54,684
up €54,684 (+19.0%), from €287,493 to €342,177
of which Other amounts receivable: +€34,427
- Reserves +€107,000
up €107,000 (+28.2%), from €379,314 to €486,314
of which Distributable reserves: +€107,000
- Trade debts +€78,293
up €78,293 (+41.5%), from €188,671 to €266,964
- Short-term financial debts -€48,392
down €48,392 (-16.9%), from €286,858 to €238,466
- Other debts +€42,000
up €42,000 (+66.7%), from €63,000 to €105,000
- Debts after one year -€32,491
down €32,491 (-5.7%), from €573,437 to €540,946
- Gross operating margin +€108,878
up €108,878 (+13.7%), from €793,536 to €902,414
- Staff costs +€45,146
up €45,146 (+12.9%), from €350,292 to €395,438
- Taxes +€26,157
up €26,157 (+38.7%), from €67,560 to €93,717
- Depreciation +€23,729
up €23,729 (+19.1%), from €123,983 to €147,713
- Other operating charges +€14,281
up €14,281 (+210%), from €6,796 to €21,077
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 | €1,637,496 | €1,812,027 | +€174,531 | +10.7% |
| Fixed assets | 21/28 | €1,128,551 | €1,142,936 | +€14,385 | +1.3% |
| Intangible fixed assets | 21 | €4,786 | €10,992 | +€6,206 | +130% |
| Tangible fixed assets | 22/27 | €1,111,549 | €1,119,729 | +€8,180 | +0.7% |
| Land and buildings | 22 | €553,304 | €566,002 | +€12,698 | +2.3% |
| Plant, machinery and equipment | 23 | €395,917 | €373,067 | -€22,850 | -5.8% |
| Furniture and vehicles | 24 | €136,883 | €138,711 | +€1,827 | +1.3% |
| Other tangible fixed assets | 26 | €25,445 | €41,949 | +€16,505 | +64.9% |
| Financial fixed assets | 28 | €12,216 | €12,216 | = | 0.0% |
| Current assets | 29/58 | €508,945 | €669,090 | +€160,145 | +31.5% |
| Stocks and contracts in progress | 3 | €38,298 | €43,076 | +€4,778 | +12.5% |
| Stocks | 30/36 | €38,298 | €43,076 | +€4,778 | +12.5% |
| Amounts receivable within one year | 40/41 | €287,493 | €342,177 | +€54,684 | +19.0% |
| Trade receivables | 40 | €239,291 | €259,548 | +€20,258 | +8.5% |
| Other amounts receivable | 41 | €48,202 | €82,629 | +€34,427 | +71.4% |
| Cash at bank and in hand | 54/58 | €171,589 | €269,677 | +€98,088 | +57.2% |
| Deferred charges and accrued income | 490/1 | €11,566 | €14,161 | +€2,595 | +22.4% |
| Total equity and liabilities | 10/49 | €1,637,496 | €1,812,027 | +€174,531 | +10.7% |
| Equity | 10/15 | €398,085 | €505,613 | +€107,528 | +27.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €379,314 | €486,314 | +€107,000 | +28.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €358,704 | €465,704 | +€107,000 | +29.8% |
| Profit (loss) carried forward | 14 | €171 | €598 | +€428 | +250% |
| Investment grants | 15 | - | €101 | +€101 | |
| Amounts payable | 17/49 | €1,239,411 | €1,306,413 | +€67,002 | +5.4% |
| Amounts payable after more than one year | 17 | €573,437 | €540,946 | -€32,491 | -5.7% |
| Financial debts | 170/4 | €573,437 | €540,946 | -€32,491 | -5.7% |
| Amounts payable within one year | 42/48 | €665,556 | €764,064 | +€98,508 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €85,985 | €91,378 | +€5,393 | +6.3% |
| Financial debts | 43 | €286,858 | €238,466 | -€48,392 | -16.9% |
| Credit institutions | 430/8 | €286,858 | €238,466 | -€48,392 | -16.9% |
| Trade debts | 44 | €188,671 | €266,964 | +€78,293 | +41.5% |
| Suppliers | 440/4 | €188,671 | €266,964 | +€78,293 | +41.5% |
| Taxes, remuneration and social security | 45 | €41,043 | €62,257 | +€21,214 | +51.7% |
| Taxes | 450/3 | €13,442 | €31,048 | +€17,606 | +131% |
| Remuneration and social security | 454/9 | €27,600 | €31,209 | +€3,608 | +13.1% |
| Other amounts payable | 47/48 | €63,000 | €105,000 | +€42,000 | +66.7% |
| Accrued charges and deferred income | 492/3 | €418 | €1,404 | +€986 | +236% |
| Remuneration, social security and pensions | 62 | €350,292 | €395,438 | +€45,146 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,983 | €147,713 | +€23,729 | +19.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,816 | +€2,816 | |
| Other operating charges | 640/8 | €6,796 | €21,077 | +€14,281 | +210% |
| Non-recurring operating charges | 66A | €716 | - | -€716 | |
| Gross operating margin | 9900 | €793,536 | €902,414 | +€108,878 | +13.7% |
| Operating profit (loss) | 9901 | €311,750 | €335,371 | +€23,621 | +7.6% |
| Financial income | 75/76B | €5,008 | €6,178 | +€1,171 | +23.4% |
| Recurring financial income | 75 | €5,008 | €6,178 | +€1,171 | +23.4% |
| Financial charges | 65/66B | €34,994 | €35,405 | +€411 | +1.2% |
| Recurring financial charges | 65 | €34,994 | €35,405 | +€411 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €281,764 | €306,144 | +€24,380 | +8.7% |
| Income taxes | 67/77 | €67,560 | €93,717 | +€26,157 | +38.7% |
| Profit (loss) for the period | 9904 | €214,204 | €212,428 | -€1,777 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €214,204 | €212,428 | -€1,777 | -0.8% |
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 16 October 2026 via checked.be.