VITRUVIANA: 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.
VITRUVIANA
Largest movements
- Tangible fixed assets -€30,325
down €30,325 (-33.1%), from €91,558 to €61,233
of which Plant, machinery and equipment: -€21,818
- Stocks and contracts +€18,028
up €18,028 (+1398.6%), from €1,289 to €19,317
- Deferred charges and accrued income -€6,733
down €6,733 (-86.3%), from €7,800 to €1,067
- Other debts -€33,849
down €33,849 (-22.3%), from €151,707 to €117,858
- Tax, wage and social debts +€7,805
up €7,805 (+22.7%), from €34,451 to €42,256
of which Remuneration and social security: +€7,200
- Debts after one year +€6,358
up €6,358 (+11.6%), from €54,591 to €60,949
- Trade debts +€4,466
up €4,466 (+16.0%), from €27,834 to €32,300
- Profit (loss) carried forward -€2,176
down €2,176 (-1.3%), from -€164,591 to -€166,767
- Gross operating margin +€12,561
up €12,561 (+40.8%), from €30,758 to €43,319
- Other operating charges -€2,115
down €2,115 (-17.1%), from €12,350 to €10,235
- Financial charges -€896
down €896 (-17.1%), from €5,240 to €4,344
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.
Cash bridge derived
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 | €119,128 | €100,599 | -€18,529 | -15.6% |
| Fixed assets | 21/28 | €91,558 | €61,233 | -€30,325 | -33.1% |
| Tangible fixed assets | 22/27 | €91,558 | €61,233 | -€30,325 | -33.1% |
| Land and buildings | 22 | €13,342 | €8,851 | -€4,491 | -33.7% |
| Plant, machinery and equipment | 23 | €73,229 | €51,411 | -€21,818 | -29.8% |
| Furniture and vehicles | 24 | €4,987 | €971 | -€4,016 | -80.5% |
| Current assets | 29/58 | €27,570 | €39,366 | +€11,796 | +42.8% |
| Stocks and contracts in progress | 3 | €1,289 | €19,317 | +€18,028 | +1398.6% |
| Stocks | 30/36 | €1,289 | €19,317 | +€18,028 | +1398.6% |
| Amounts receivable within one year | 40/41 | €5,574 | €5,121 | -€453 | -8.1% |
| Trade receivables | 40 | €5,474 | €5,021 | -€453 | -8.3% |
| Other amounts receivable | 41 | €100 | €100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,907 | €13,861 | +€954 | +7.4% |
| Deferred charges and accrued income | 490/1 | €7,800 | €1,067 | -€6,733 | -86.3% |
| Total equity and liabilities | 10/49 | €119,128 | €100,599 | -€18,529 | -15.6% |
| Equity | 10/15 | -€156,531 | -€158,707 | -€2,176 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,591 | -€166,767 | -€2,176 | -1.3% |
| Amounts payable | 17/49 | €275,659 | €259,306 | -€16,353 | -5.9% |
| Amounts payable after more than one year | 17 | €54,591 | €60,949 | +€6,358 | +11.6% |
| Financial debts | 170/4 | €54,591 | €60,949 | +€6,358 | +11.6% |
| Amounts payable within one year | 42/48 | €219,792 | €198,357 | -€21,435 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €5,800 | €5,943 | +€143 | +2.5% |
| Trade debts | 44 | €27,834 | €32,300 | +€4,466 | +16.0% |
| Suppliers | 440/4 | €27,834 | €32,300 | +€4,466 | +16.0% |
| Taxes, remuneration and social security | 45 | €34,451 | €42,256 | +€7,805 | +22.7% |
| Taxes | 450/3 | €6,835 | €7,440 | +€605 | +8.9% |
| Remuneration and social security | 454/9 | €27,616 | €34,816 | +€7,200 | +26.1% |
| Other amounts payable | 47/48 | €151,707 | €117,858 | -€33,849 | -22.3% |
| Accrued charges and deferred income | 492/3 | €1,276 | - | -€1,276 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,741 | €30,325 | -€416 | -1.4% |
| Other operating charges | 640/8 | €12,350 | €10,235 | -€2,115 | -17.1% |
| Gross operating margin | 9900 | €30,758 | €43,319 | +€12,561 | +40.8% |
| Operating profit (loss) | 9901 | -€12,333 | €2,759 | +€15,092 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €5,240 | €4,344 | -€896 | -17.1% |
| Recurring financial charges | 65 | €5,240 | €4,344 | -€896 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,573 | -€1,568 | +€16,005 | +91.1% |
| Income taxes | 67/77 | €700 | €608 | -€92 | -13.1% |
| Profit (loss) for the period | 9904 | -€18,273 | -€2,176 | +€16,097 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,273 | -€2,176 | +€16,097 | +88.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.