VYTECH GROUP: what changed
What changed
VYTECH GROUP
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€30,162
2024 · €204,614-€174,452
Equity
€15.6m
2024 · €14.5m+€1.0m
Cash
€92,915
2024 · €23,393+€69,522
Balance sheet total
€20.4m
2024 · €14.7m+€5.6m
Largest movements
Assets
- Financial fixed assets +€8.6m
up €8.6m (+108%), from €7.9m to €16.5m
- Receivables after one year -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Receivables within one year -€1.1m
down €1.1m (-24.5%), from €4.7m to €3.5m
of which Other amounts receivable: -€863,514
Equity and liabilities
- Other debts +€3.0m
up €3.0m (+339,862%), from €868 to €3.0m
- Debts after one year +€1.5m
new in 2025: €1.5m
- Contributions +€1.0m
up €1.0m (+7.3%), from €13.8m to €14.8m
Income statement
- Turnover +€842,299
new in 2025: €842,299
- Services and other goods +€779,593
new in 2025: €779,593
- Financial charges +€117,729
up €117,729 (+253%), from €46,529 to €164,258
of which Non-recurring financial charges: +€107,460
- Taxes +€71,560
up €71,560 (+51,114,393%), from €0 to €71,560
- Gross operating margin -€33,371
no longer reported in 2025 (was €33,371)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€204,614
Turnover
+€842,299
Services and other goods
-€779,593
Depreciation
-€926
Other operating charges
-€29,606
Other operating items
-€33,371
Financial income
+€16,033
Financial charges
-€117,729
Taxes
-€71,560
Result 2025
€30,162
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6.1m
Investment
-€8.6m
Financing
+€2.6m
Cash 2024
€23,393
From operations (derived)
+€6.1m
Net result for the year
+€30,162
Depreciation
+€4,752
Receivables after one year
+€1.9m
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€21,868
Trade debts
-€12,842
Tax, wage and social debts
+€43,331
Other debts
+€3.0m
Accrued charges and deferred income
+€77,799
Investment (derived)
-€8.6m
Investment in fixed assets (net)
-€8.6m
Financing
+€2.6m
Debts after one year
+€1.5m
Contributions, distributions and other
+€1.0m
Cash 2025
€92,915
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,748,154 | €20,391,603 | +€5.6m | +38.3% |
| Fixed assets | 21/28 | €7,957,141 | €16,559,321 | +€8.6m | +108% |
| Intangible fixed assets | 21 | €19,934 | €15,182 | -€4,752 | -23.8% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €7,937,207 | €16,544,139 | +€8.6m | +108% |
| Affiliated companies | 280/1 | - | €16,544,139 | +€16.5m | |
| Participating interests | 280 | - | €16,544,139 | +€16.5m | |
| Current assets | 29/58 | €6,791,013 | €3,832,282 | -€3.0m | -43.6% |
| Amounts receivable after more than one year | 29 | €1,857,305 | €0 | -€1.9m | -100% |
| Other amounts receivable | 291 | €1,857,305 | €0 | -€1.9m | -100% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,682,847 | €3,533,767 | -€1.1m | -24.5% |
| Trade receivables | 40 | €821,599 | €536,034 | -€285,566 | -34.8% |
| Other amounts receivable | 41 | €3,861,248 | €2,997,734 | -€863,514 | -22.4% |
| Cash at bank and in hand | 54/58 | €23,393 | €92,915 | +€69,522 | +297% |
| Deferred charges and accrued income | 490/1 | €227,468 | €205,599 | -€21,868 | -9.6% |
| Total equity and liabilities | 10/49 | €14,748,154 | €20,391,603 | +€5.6m | +38.3% |
| Equity | 10/15 | €14,516,270 | €15,556,431 | +€1.0m | +7.2% |
| Contributions | 10/11 | €13,773,000 | €14,783,000 | +€1.0m | +7.3% |
| Capital | 10 | €13,773,000 | €14,783,000 | +€1.0m | +7.3% |
| Issued capital | 100 | €15,168,000 | €15,168,000 | = | 0.0% |
| Uncalled capital | 101 | €1,395,000 | €385,000 | -€1.0m | -72.4% |
| Reserves | 13 | €743,270 | €773,431 | +€30,162 | +4.1% |
| Non-distributable reserves | 130/1 | €128,652 | €130,160 | +€1,508 | +1.2% |
| Legal reserve | 130 | €128,652 | €130,160 | +€1,508 | +1.2% |
| Distributable reserves | 133 | €614,618 | €643,271 | +€28,654 | +4.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €231,885 | €4,835,172 | +€4.6m | +1,985% |
| Amounts payable after more than one year | 17 | - | €1,545,000 | +€1.5m | |
| Financial debts | 170/4 | - | €1,545,000 | +€1.5m | |
| Other loans | 174 | - | €1,545,000 | +€1.5m | |
| Amounts payable within one year | 42/48 | €231,885 | €3,212,373 | +€3.0m | +1,285% |
| Trade debts | 44 | €231,017 | €218,175 | -€12,842 | -5.6% |
| Suppliers | 440/4 | €231,017 | €218,175 | -€12,842 | -5.6% |
| Taxes, remuneration and social security | 45 | - | €43,331 | +€43,331 | |
| Taxes | 450/3 | - | €43,331 | +€43,331 | |
| Other amounts payable | 47/48 | €868 | €2,950,868 | +€3.0m | +339,862% |
| Accrued charges and deferred income | 492/3 | €0 | €77,799 | +€77,799 | |
| Operating income | 70/76A | - | €842,299 | +€842,299 | |
| Turnover | 70 | - | €842,299 | +€842,299 | |
| Operating charges | 60/66A | - | €814,533 | +€814,533 | |
| Goods for resale, raw materials and consumables | 60 | - | €0 | = | |
| Purchases | 600/8 | - | €0 | = | |
| Services and other goods | 61 | - | €779,593 | +€779,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,825 | €4,752 | +€926 | +24.2% |
| Other operating charges | 640/8 | €583 | €30,189 | +€29,606 | +5,079% |
| Gross operating margin | 9900 | €33,371 | - | -€33,371 | |
| Operating profit (loss) | 9901 | €28,962 | €27,766 | -€1,197 | -4.1% |
| Financial income | 75/76B | €222,181 | €238,214 | +€16,033 | +7.2% |
| Recurring financial income | 75 | €222,181 | €238,214 | +€16,033 | +7.2% |
| Income from current assets | 751 | - | €238,214 | +€238,214 | |
| Financial charges | 65/66B | €46,529 | €164,258 | +€117,729 | +253% |
| Recurring financial charges | 65 | €46,529 | €56,798 | +€10,268 | +22.1% |
| Debt charges | 650 | - | €56,532 | +€56,532 | |
| Other financial charges | 652/9 | - | €266 | +€266 | |
| Non-recurring financial charges | 66B | - | €107,460 | +€107,460 | |
| Profit (loss) for the period before taxes | 9903 | €204,614 | €101,722 | -€102,892 | -50.3% |
| Income taxes | 67/77 | €0 | €71,560 | +€71,560 | +51,114,393% |
| Taxes | 670/3 | - | €71,560 | +€71,560 | |
| Profit (loss) for the period | 9904 | €204,614 | €30,162 | -€174,452 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €204,614 | €30,162 | -€174,452 | -85.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.