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
- Cash +€36,945
up €36,945 (+383.1%), from €9,643 to €46,588
mainly Net result for the year (+€29,114) and Depreciation (+€12,452)
- Tangible fixed assets -€12,452
down €12,452 (-6.0%), from €208,850 to €196,398
of which Land and buildings: -€12,452
- Profit (loss) carried forward +€29,114
up €29,114 (+45.0%), from €64,698 to €93,812
- Debts after one year -€20,306
down €20,306 (-44.7%), from €45,406 to €25,101
of which Financial debts: -€20,306
- Tax, wage and social debts +€10,673
up €10,673, from €0 to €10,673
- Accrued charges and deferred income +€5,426
up €5,426 (+45.8%), from €11,854 to €17,279
- Gross operating margin +€11,538
up €11,538 (+24.4%), from €47,221 to €58,758
- Taxes +€3,820
up €3,820 (+55.7%), from €6,854 to €10,675
- Financial charges -€1,719
down €1,719 (-27.0%), from €6,374 to €4,654
- Other operating charges -€673
down €673 (-26.5%), from €2,541 to €1,868
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 | €219,639 | €244,132 | +€24,493 | +11.2% |
| Fixed assets | 21/28 | €208,850 | €196,398 | -€12,452 | -6.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €208,850 | €196,398 | -€12,452 | -6.0% |
| Land and buildings | 22 | €208,850 | €196,398 | -€12,452 | -6.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €10,789 | €47,734 | +€36,945 | +342.4% |
| Amounts receivable within one year | 40/41 | €1,146 | €1,146 | = | 0.0% |
| Other amounts receivable | 41 | €1,146 | €1,146 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,643 | €46,588 | +€36,945 | +383.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €219,639 | €244,132 | +€24,493 | +11.2% |
| Equity | 10/15 | €133,753 | €162,867 | +€29,114 | +21.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,655 | €56,655 | = | 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% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €45,795 | €45,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,698 | €93,812 | +€29,114 | +45.0% |
| Amounts payable | 17/49 | €85,886 | €81,265 | -€4,621 | -5.4% |
| Amounts payable after more than one year | 17 | €45,406 | €25,101 | -€20,306 | -44.7% |
| Financial debts | 170/4 | €45,406 | €25,101 | -€20,306 | -44.7% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,626 | €38,885 | +€10,259 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €21,219 | €22,111 | +€892 | +4.2% |
| Trade debts | 44 | €688 | €22 | -€666 | -96.8% |
| Suppliers | 440/4 | €688 | €22 | -€666 | -96.8% |
| Taxes, remuneration and social security | 45 | €0 | €10,673 | +€10,673 | |
| Taxes | 450/3 | €0 | €10,673 | +€10,673 | |
| Other amounts payable | 47/48 | €6,720 | €6,080 | -€640 | -9.5% |
| Accrued charges and deferred income | 492/3 | €11,854 | €17,279 | +€5,426 | +45.8% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €27,722 | - | -€27,722 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,834 | €12,452 | -€382 | -3.0% |
| Other operating charges | 640/8 | €2,541 | €1,868 | -€673 | -26.5% |
| Non-recurring operating charges | 66A | €130 | - | -€130 | |
| Gross operating margin | 9900 | €47,221 | €58,758 | +€11,538 | +24.4% |
| Operating profit (loss) | 9901 | €31,716 | €44,439 | +€12,723 | +40.1% |
| Financial income | 75/76B | €135 | €4 | -€130 | -96.8% |
| Recurring financial income | 75 | €135 | €4 | -€130 | -96.8% |
| Financial charges | 65/66B | €6,374 | €4,654 | -€1,719 | -27.0% |
| Recurring financial charges | 65 | €6,374 | €4,654 | -€1,719 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €25,477 | €39,789 | +€14,312 | +56.2% |
| Income taxes | 67/77 | €6,854 | €10,675 | +€3,820 | +55.7% |
| Profit (loss) for the period | 9904 | €18,623 | €29,114 | +€10,491 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,623 | €29,114 | +€10,491 | +56.3% |
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.