VITSE RUDY: 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.
VITSE RUDY
Largest movements
- Tangible fixed assets -€12,541
down €12,541 (-36.4%), from €34,446 to €21,904
of which Plant, machinery and equipment: -€6,439
- Receivables within one year -€6,136
down €6,136 (-42.0%), from €14,609 to €8,473
of which Other amounts receivable: -€7,725
- Cash +€3,537
up €3,537 (+88.7%), from €3,986 to €7,523
mainly Depreciation (+€12,541) and Receivables within one year (+€6,136)
- Deferred charges and accrued income +€1,948
up €1,948 (+186%), from €1,045 to €2,993
- Stocks and contracts -€1,815
down €1,815 (-21.6%), from €8,413 to €6,598
- Debts after one year -€9,581
down €9,581 (-48.7%), from €19,670 to €10,090
- Profit (loss) carried forward -€5,073
down €5,073 (-36.9%), from -€13,731 to -€18,804
- Gross operating margin +€7,449
up €7,449 (+132%), from €5,632 to €13,081
- Write-downs +€1,509
new in 2025: €1,509
- Depreciation -€1,168
down €1,168 (-8.5%), from €13,709 to €12,541
- Staff costs -€449
down €449 (-45.7%), from €983 to €533
- Financial charges -€196
down €196 (-13.1%), from €1,501 to €1,305
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 | €62,499 | €47,491 | -€15,007 | -24.0% |
| Fixed assets | 21/28 | €34,446 | €21,904 | -€12,541 | -36.4% |
| Tangible fixed assets | 22/27 | €34,446 | €21,904 | -€12,541 | -36.4% |
| Plant, machinery and equipment | 23 | €19,439 | €13,000 | -€6,439 | -33.1% |
| Leasing and similar rights | 25 | €15,006 | €8,904 | -€6,102 | -40.7% |
| Current assets | 29/58 | €28,053 | €25,587 | -€2,466 | -8.8% |
| Stocks and contracts in progress | 3 | €8,413 | €6,598 | -€1,815 | -21.6% |
| Stocks | 30/36 | €8,413 | €6,598 | -€1,815 | -21.6% |
| Amounts receivable within one year | 40/41 | €14,609 | €8,473 | -€6,136 | -42.0% |
| Trade receivables | 40 | €4,139 | €5,728 | +€1,589 | +38.4% |
| Other amounts receivable | 41 | €10,471 | €2,746 | -€7,725 | -73.8% |
| Cash at bank and in hand | 54/58 | €3,986 | €7,523 | +€3,537 | +88.7% |
| Deferred charges and accrued income | 490/1 | €1,045 | €2,993 | +€1,948 | +186% |
| Total equity and liabilities | 10/49 | €62,499 | €47,491 | -€15,007 | -24.0% |
| Equity | 10/15 | €23,589 | €18,516 | -€5,073 | -21.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €18,728 | €18,728 | = | 0.0% |
| Distributable reserves | 133 | €18,728 | €18,728 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,731 | -€18,804 | -€5,073 | -36.9% |
| Amounts payable | 17/49 | €38,909 | €28,975 | -€9,934 | -25.5% |
| Amounts payable after more than one year | 17 | €19,670 | €10,090 | -€9,581 | -48.7% |
| Financial debts | 170/4 | €19,670 | €10,090 | -€9,581 | -48.7% |
| Amounts payable within one year | 42/48 | €19,239 | €18,885 | -€354 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €9,238 | €9,581 | +€343 | +3.7% |
| Trade debts | 44 | €1,680 | €1,280 | -€401 | -23.9% |
| Suppliers | 440/4 | €1,680 | €1,280 | -€401 | -23.9% |
| Taxes, remuneration and social security | 45 | €62 | €62 | = | 0.0% |
| Taxes | 450/3 | €62 | €62 | = | 0.0% |
| Other amounts payable | 47/48 | €8,258 | €7,963 | -€295 | -3.6% |
| Remuneration, social security and pensions | 62 | €983 | €533 | -€449 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,709 | €12,541 | -€1,168 | -8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,509 | +€1,509 | |
| Other operating charges | 640/8 | €2,262 | €2,266 | +€4 | +0.2% |
| Gross operating margin | 9900 | €5,632 | €13,081 | +€7,449 | +132% |
| Operating profit (loss) | 9901 | -€11,322 | -€3,768 | +€7,553 | +66.7% |
| Financial income | 75/76B | €193 | - | -€193 | |
| Recurring financial income | 75 | €193 | - | -€193 | |
| Financial charges | 65/66B | €1,501 | €1,305 | -€196 | -13.1% |
| Recurring financial charges | 65 | €1,501 | €1,305 | -€196 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,631 | -€5,073 | +€7,557 | +59.8% |
| Profit (loss) for the period | 9904 | -€12,631 | -€5,073 | +€7,557 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,631 | -€5,073 | +€7,557 | +59.8% |
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 31 October 2026 via checked.be.