Vitusco: 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.
Vitusco
Largest movements
- Tangible fixed assets -€377,401
down €377,401 (-99.2%), from €380,449 to €3,048
of which Land and buildings: -€372,999
- Receivables within one year -€121,174
down €121,174 (-63.6%), from €190,514 to €69,339
of which Other amounts receivable: -€103,675
- Financial fixed assets -€55,991
down €55,991 (-100.0%), from €55,991 to €0
- Deferred charges and accrued income -€10,002
down €10,002 (-74.1%), from €13,495 to €3,494
- Debts after one year -€368,707
down €368,707 (-100.0%), from €368,707 to €0
- Profit (loss) carried forward -€122,039
down €122,039 (-74.7%), from €163,280 to €41,241
- Trade debts -€45,650
down €45,650 (-93.4%), from €48,886 to €3,236
- Current portion of long-term debt -€30,227
down €30,227 (-73.1%), from €41,354 to €11,127
- Other debts +€9,750
new in 2025: €9,750
- Gross operating margin -€211,928
down €211,928, from €111,508 to -€100,420
- Financial income +€154,028
up €154,028 (+1986.3%), from €7,754 to €161,782
of which Non-recurring financial income: +€157,068
- Depreciation -€14,741
down €14,741 (-86.5%), from €17,050 to €2,309
- Taxes -€6,523
down €6,523 (-37.6%), from €17,333 to €10,810
- Other operating charges +€2,292
up €2,292 (+24.5%), from €9,375 to €11,668
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 | €657,693 | €95,004 | -€562,689 | -85.6% |
| Fixed assets | 21/28 | €436,440 | €3,048 | -€433,392 | -99.3% |
| Tangible fixed assets | 22/27 | €380,449 | €3,048 | -€377,401 | -99.2% |
| Land and buildings | 22 | €372,999 | €0 | -€372,999 | -100.0% |
| Plant, machinery and equipment | 23 | €3,585 | €1,015 | -€2,569 | -71.7% |
| Furniture and vehicles | 24 | €3,865 | €2,033 | -€1,833 | -47.4% |
| Financial fixed assets | 28 | €55,991 | €0 | -€55,991 | -100.0% |
| Current assets | 29/58 | €221,253 | €91,956 | -€129,297 | -58.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €190,514 | €69,339 | -€121,174 | -63.6% |
| Trade receivables | 40 | €32,279 | €14,780 | -€17,499 | -54.2% |
| Other amounts receivable | 41 | €158,235 | €54,559 | -€103,675 | -65.5% |
| Cash at bank and in hand | 54/58 | €17,245 | €19,123 | +€1,879 | +10.9% |
| Deferred charges and accrued income | 490/1 | €13,495 | €3,494 | -€10,002 | -74.1% |
| Total equity and liabilities | 10/49 | €657,693 | €95,004 | -€562,689 | -85.6% |
| Equity | 10/15 | €171,280 | €49,241 | -€122,039 | -71.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,280 | €41,241 | -€122,039 | -74.7% |
| Amounts payable | 17/49 | €486,413 | €45,763 | -€440,650 | -90.6% |
| Amounts payable after more than one year | 17 | €368,707 | €0 | -€368,707 | -100.0% |
| Financial debts | 170/4 | €368,707 | €0 | -€368,707 | -100.0% |
| Amounts payable within one year | 42/48 | €113,427 | €43,713 | -€69,714 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €41,354 | €11,127 | -€30,227 | -73.1% |
| Financial debts | 43 | - | €1,296 | +€1,296 | |
| Credit institutions | 430/8 | - | €1,296 | +€1,296 | |
| Trade debts | 44 | €48,886 | €3,236 | -€45,650 | -93.4% |
| Suppliers | 440/4 | €48,886 | €3,236 | -€45,650 | -93.4% |
| Taxes, remuneration and social security | 45 | €23,187 | €18,303 | -€4,883 | -21.1% |
| Taxes | 450/3 | €23,187 | €18,303 | -€4,883 | -21.1% |
| Other amounts payable | 47/48 | - | €9,750 | +€9,750 | |
| Accrued charges and deferred income | 492/3 | €4,280 | €2,051 | -€2,229 | -52.1% |
| Non-recurring operating income | 76A | - | €99,560 | +€99,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,050 | €2,309 | -€14,741 | -86.5% |
| Other operating charges | 640/8 | €9,375 | €11,668 | +€2,292 | +24.5% |
| Non-recurring operating charges | 66A | - | €36,970 | +€36,970 | |
| Gross operating margin | 9900 | €111,508 | -€100,420 | -€211,928 | |
| Operating profit (loss) | 9901 | €85,083 | -€151,367 | -€236,450 | |
| Financial income | 75/76B | €7,754 | €161,782 | +€154,028 | +1986.3% |
| Recurring financial income | 75 | €7,754 | €4,714 | -€3,040 | -39.2% |
| Non-recurring financial income | 76B | - | €157,068 | +€157,068 | |
| Financial charges | 65/66B | €16,939 | €17,645 | +€706 | +4.2% |
| Recurring financial charges | 65 | €16,939 | €17,645 | +€706 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €75,899 | -€7,230 | -€83,128 | |
| Income taxes | 67/77 | €17,333 | €10,810 | -€6,523 | -37.6% |
| Profit (loss) for the period | 9904 | €58,566 | -€18,039 | -€76,605 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,566 | -€18,039 | -€76,605 |
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 9 October 2026 via checked.be.