VITRUVIUS: 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.
VITRUVIUS
Largest movements
- Financial fixed assets -€267,497
down €267,497 (-13.0%), from €2.1m to €1.8m
- Receivables within one year +€165,485
up €165,485 (+10.2%), from €1.6m to €1.8m
- Other debts -€151,658
down €151,658 (-12.7%), from €1.2m to €1.0m
- Reserves +€43,247
up €43,247 (+2.1%), from €2.1m to €2.1m
of which Distributable reserves: +€43,247
- Financial income +€407,171
up €407,171 (+12098.4%), from €3,366 to €410,537
of which Financial income: +€356,131
- Financial charges +€349,483
up €349,483 (+2701.1%), from €12,939 to €362,421
of which Non-recurring financial charges: +€325,671
- Other operating charges +€33
up €33 (+3.0%), from €1,094 to €1,126
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 | €3,692,576 | €3,584,167 | -€108,410 | -2.9% |
| Fixed assets | 21/28 | €2,060,760 | €1,793,263 | -€267,497 | -13.0% |
| Financial fixed assets | 28 | €2,060,760 | €1,793,263 | -€267,497 | -13.0% |
| Current assets | 29/58 | €1,631,816 | €1,790,904 | +€159,088 | +9.7% |
| Amounts receivable within one year | 40/41 | €1,624,630 | €1,790,115 | +€165,485 | +10.2% |
| Other amounts receivable | 41 | €1,624,630 | €1,790,115 | +€165,485 | +10.2% |
| Cash at bank and in hand | 54/58 | €7,186 | €789 | -€6,397 | -89.0% |
| Total equity and liabilities | 10/49 | €3,692,576 | €3,584,167 | -€108,410 | -2.9% |
| Equity | 10/15 | €2,501,577 | €2,544,824 | +€43,247 | +1.7% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €2,101,577 | €2,144,824 | +€43,247 | +2.1% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €2,061,577 | €2,104,824 | +€43,247 | +2.1% |
| Amounts payable | 17/49 | €1,190,999 | €1,039,343 | -€151,656 | -12.7% |
| Amounts payable within one year | 42/48 | €1,190,999 | €1,039,343 | -€151,656 | -12.7% |
| Trade debts | 44 | €29 | €30 | +€2 | +5.3% |
| Suppliers | 440/4 | €29 | €30 | +€2 | +5.3% |
| Other amounts payable | 47/48 | €1,190,970 | €1,039,313 | -€151,658 | -12.7% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Non-recurring operating charges | 66A | €0 | €1,655 | +€1,655 | |
| Gross operating margin | 9900 | -€2,082 | -€2,087 | -€6 | -0.3% |
| Operating profit (loss) | 9901 | -€3,175 | -€4,869 | -€1,694 | -53.3% |
| Financial income | 75/76B | €3,366 | €410,537 | +€407,171 | +12098.4% |
| Recurring financial income | 75 | €3,366 | €359,497 | +€356,131 | +10581.8% |
| Non-recurring financial income | 76B | - | €51,040 | +€51,040 | |
| Financial charges | 65/66B | €12,939 | €362,421 | +€349,483 | +2701.1% |
| Recurring financial charges | 65 | €1,689 | €25,501 | +€23,812 | +1409.8% |
| Non-recurring financial charges | 66B | €11,250 | €336,921 | +€325,671 | +2894.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,748 | €43,247 | +€55,995 | |
| Profit (loss) for the period | 9904 | -€12,748 | €43,247 | +€55,995 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,748 | €43,247 | +€55,995 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.