VITRUMAL: 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.
VITRUMAL
Largest movements
- Receivables within one year +€939
up €939 (+197.0%), from €477 to €1,416
of which Trade receivables: +€766
- Tangible fixed assets -€814
down €814 (-82.7%), from €985 to €171
- Deferred charges and accrued income +€160
new in 2025: €160
- Cash +€86
up €86 (+3.8%), from €2,258 to €2,344
mainly Other debts (+€2,724) and Depreciation (+€814)
- Other debts +€2,724
up €2,724 (+13828.7%), from €20 to €2,744
- Trade debts -€2,255
no longer reported in 2025 (was €2,255)
- Tax, wage and social debts -€179
down €179 (-93.9%), from €190 to €12
- Profit (loss) carried forward +€81
up €81 (+2.2%), from -€3,746 to -€3,665
- Gross operating margin +€2,131
up €2,131, from -€1,069 to €1,062
- Depreciation -€226
down €226 (-21.7%), from €1,040 to €814
- Financial charges +€167
new in 2025: €167
- Other operating charges -€126
no longer reported in 2025 (was €126)
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 | €3,719 | €4,090 | +€371 | +10.0% |
| Fixed assets | 21/28 | €985 | €171 | -€814 | -82.7% |
| Tangible fixed assets | 22/27 | €985 | €171 | -€814 | -82.7% |
| Plant, machinery and equipment | 23 | €985 | €171 | -€814 | -82.7% |
| Current assets | 29/58 | €2,735 | €3,920 | +€1,185 | +43.3% |
| Amounts receivable within one year | 40/41 | €477 | €1,416 | +€939 | +197.0% |
| Trade receivables | 40 | €101 | €867 | +€766 | +759.8% |
| Other amounts receivable | 41 | €376 | €549 | +€173 | +46.0% |
| Cash at bank and in hand | 54/58 | €2,258 | €2,344 | +€86 | +3.8% |
| Deferred charges and accrued income | 490/1 | - | €160 | +€160 | |
| Total equity and liabilities | 10/49 | €3,719 | €4,090 | +€371 | +10.0% |
| Equity | 10/15 | €1,254 | €1,335 | +€81 | +6.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,746 | -€3,665 | +€81 | +2.2% |
| Amounts payable | 17/49 | €2,465 | €2,756 | +€291 | +11.8% |
| Amounts payable within one year | 42/48 | €2,465 | €2,756 | +€291 | +11.8% |
| Trade debts | 44 | €2,255 | - | -€2,255 | |
| Suppliers | 440/4 | €2,255 | - | -€2,255 | |
| Taxes, remuneration and social security | 45 | €190 | €12 | -€179 | -93.9% |
| Taxes | 450/3 | €190 | €12 | -€179 | -93.9% |
| Other amounts payable | 47/48 | €20 | €2,744 | +€2,724 | +13828.7% |
| Non-recurring operating income | 76A | €22 | - | -€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,040 | €814 | -€226 | -21.7% |
| Other operating charges | 640/8 | €126 | - | -€126 | |
| Non-recurring operating charges | 66A | €105 | - | -€105 | |
| Gross operating margin | 9900 | -€1,069 | €1,062 | +€2,131 | |
| Operating profit (loss) | 9901 | -€2,340 | €248 | +€2,588 | |
| Financial charges | 65/66B | - | €167 | +€167 | |
| Recurring financial charges | 65 | - | €167 | +€167 | |
| Profit (loss) for the period before taxes | 9903 | -€2,340 | €81 | +€2,421 | |
| Profit (loss) for the period | 9904 | -€2,340 | €81 | +€2,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,340 | €81 | +€2,421 |
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 8 October 2026 via checked.be.