VIXIT: 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.
VIXIT
Largest movements
- Cash +€15,304
up €15,304 (+25.6%), from €59,754 to €75,058
mainly Net result for the year (+€18,441) and Depreciation (+€7,431)
- Tangible fixed assets -€6,181
down €6,181 (-23.4%), from €26,418 to €20,237
of which Leasing and similar rights: -€6,048
- Receivables within one year +€5,155
up €5,155 (+284.0%), from €1,815 to €6,970
of which Other amounts receivable: +€6,805
- Reserves +€18,441
up €18,441 (+34.9%), from €52,838 to €71,280
- Debts after one year -€6,216
down €6,216 (-39.0%), from €15,954 to €9,739
- Tax, wage and social debts +€2,418
up €2,418 (+23.5%), from €10,281 to €12,699
- Gross operating margin -€8,024
down €8,024 (-19.9%), from €40,377 to €32,352
- Taxes -€3,145
down €3,145 (-39.6%), from €7,950 to €4,805
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 | €88,335 | €102,412 | +€14,077 | +15.9% |
| Fixed assets | 21/28 | €26,418 | €20,237 | -€6,181 | -23.4% |
| Tangible fixed assets | 22/27 | €26,418 | €20,237 | -€6,181 | -23.4% |
| Plant, machinery and equipment | 23 | - | €1,218 | +€1,218 | |
| Leasing and similar rights | 25 | €21,093 | €15,045 | -€6,048 | -28.7% |
| Other tangible fixed assets | 26 | €5,325 | €3,974 | -€1,351 | -25.4% |
| Current assets | 29/58 | €61,917 | €82,175 | +€20,258 | +32.7% |
| Amounts receivable within one year | 40/41 | €1,815 | €6,970 | +€5,155 | +284.0% |
| Trade receivables | 40 | €1,815 | €165 | -€1,650 | -90.9% |
| Other amounts receivable | 41 | €0 | €6,805 | +€6,805 | |
| Cash at bank and in hand | 54/58 | €59,754 | €75,058 | +€15,304 | +25.6% |
| Deferred charges and accrued income | 490/1 | €348 | €148 | -€200 | -57.6% |
| Total equity and liabilities | 10/49 | €88,335 | €102,412 | +€14,077 | +15.9% |
| Equity | 10/15 | €54,838 | €73,280 | +€18,441 | +33.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €52,838 | €71,280 | +€18,441 | +34.9% |
| Distributable reserves | 133 | €52,838 | €71,280 | +€18,441 | +34.9% |
| Amounts payable | 17/49 | €33,497 | €29,133 | -€4,364 | -13.0% |
| Amounts payable after more than one year | 17 | €15,954 | €9,739 | -€6,216 | -39.0% |
| Financial debts | 170/4 | €15,954 | €9,739 | -€6,216 | -39.0% |
| Amounts payable within one year | 42/48 | €17,155 | €19,394 | +€2,239 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €5,904 | €6,194 | +€290 | +4.9% |
| Trade debts | 44 | €308 | €239 | -€70 | -22.6% |
| Suppliers | 440/4 | €308 | €239 | -€70 | -22.6% |
| Taxes, remuneration and social security | 45 | €10,281 | €12,699 | +€2,418 | +23.5% |
| Taxes | 450/3 | €10,281 | €12,699 | +€2,418 | +23.5% |
| Other amounts payable | 47/48 | €662 | €263 | -€399 | -60.3% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,111 | €7,431 | +€320 | +4.5% |
| Other operating charges | 640/8 | €693 | €859 | +€166 | +24.0% |
| Gross operating margin | 9900 | €40,377 | €32,352 | -€8,024 | -19.9% |
| Operating profit (loss) | 9901 | €32,573 | €24,062 | -€8,511 | -26.1% |
| Financial income | 75/76B | €83 | €152 | +€69 | +82.5% |
| Recurring financial income | 75 | €83 | €152 | +€69 | +82.5% |
| Financial charges | 65/66B | €1,248 | €967 | -€280 | -22.5% |
| Recurring financial charges | 65 | €1,248 | €967 | -€280 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €31,409 | €23,247 | -€8,162 | -26.0% |
| Income taxes | 67/77 | €7,950 | €4,805 | -€3,145 | -39.6% |
| Profit (loss) for the period | 9904 | €23,458 | €18,441 | -€5,017 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,458 | €18,441 | -€5,017 | -21.4% |
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 6 October 2026 via checked.be.