VYTECS: 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.
VYTECS
Largest movements
- Cash +€66,645
up €66,645 (+63.6%), from €104,851 to €171,495
mainly Net result for the year (+€124,197) and Current investments (+€24,000)
- Current investments -€24,000
down €24,000 (-8.7%), from €275,311 to €251,311
- Tangible fixed assets -€16,808
down €16,808 (-6.1%), from €275,139 to €258,330
of which Land and buildings: -€9,032
- Reserves +€122,531
up €122,531 (+23.0%), from €532,398 to €654,929
of which Distributable reserves: +€122,531
- Other debts -€97,785
down €97,785 (-98.8%), from €98,951 to €1,166
- Gross operating margin +€15,896
up €15,896 (+9.3%), from €171,060 to €186,956
- Financial income +€9,400
up €9,400 (+1575.5%), from €597 to €9,997
- Taxes +€6,251
up €6,251 (+13.9%), from €45,018 to €51,269
- Depreciation +€3,009
up €3,009 (+19.9%), from €15,137 to €18,146
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 | €686,744 | €712,634 | +€25,890 | +3.8% |
| Fixed assets | 21/28 | €275,139 | €258,330 | -€16,808 | -6.1% |
| Tangible fixed assets | 22/27 | €275,139 | €258,330 | -€16,808 | -6.1% |
| Land and buildings | 22 | €241,072 | €232,040 | -€9,032 | -3.7% |
| Plant, machinery and equipment | 23 | €1,564 | €1,146 | -€418 | -26.7% |
| Furniture and vehicles | 24 | €4,972 | €5,227 | +€255 | +5.1% |
| Leasing and similar rights | 25 | €27,531 | €19,918 | -€7,613 | -27.7% |
| Current assets | 29/58 | €411,606 | €454,304 | +€42,698 | +10.4% |
| Amounts receivable within one year | 40/41 | €29,896 | €29,824 | -€72 | -0.2% |
| Trade receivables | 40 | €29,496 | €29,234 | -€262 | -0.9% |
| Other amounts receivable | 41 | €401 | €590 | +€190 | +47.4% |
| Current investments | 50/53 | €275,311 | €251,311 | -€24,000 | -8.7% |
| Cash at bank and in hand | 54/58 | €104,851 | €171,495 | +€66,645 | +63.6% |
| Deferred charges and accrued income | 490/1 | €1,547 | €1,673 | +€126 | +8.1% |
| Total equity and liabilities | 10/49 | €686,744 | €712,634 | +€25,890 | +3.8% |
| Equity | 10/15 | €550,998 | €673,529 | +€122,531 | +22.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €532,398 | €654,929 | +€122,531 | +23.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €530,538 | €653,069 | +€122,531 | +23.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €135,746 | €39,105 | -€96,641 | -71.2% |
| Amounts payable after more than one year | 17 | €12,772 | €10,633 | -€2,138 | -16.7% |
| Financial debts | 170/4 | €12,772 | €8,008 | -€4,763 | -37.3% |
| Other amounts payable | 178/9 | - | €2,625 | +€2,625 | |
| Amounts payable within one year | 42/48 | €122,975 | €28,472 | -€94,503 | -76.8% |
| Current portion of amounts payable after more than one year | 42 | €4,547 | €4,763 | +€216 | +4.7% |
| Trade debts | 44 | €1,897 | €1,989 | +€92 | +4.8% |
| Suppliers | 440/4 | €1,897 | €1,989 | +€92 | +4.8% |
| Taxes, remuneration and social security | 45 | €17,579 | €20,553 | +€2,974 | +16.9% |
| Taxes | 450/3 | €17,579 | €20,553 | +€2,974 | +16.9% |
| Other amounts payable | 47/48 | €98,951 | €1,166 | -€97,785 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,137 | €18,146 | +€3,009 | +19.9% |
| Other operating charges | 640/8 | €2,065 | €2,341 | +€277 | +13.4% |
| Non-recurring operating charges | 66A | €266 | €0 | -€266 | -100.0% |
| Gross operating margin | 9900 | €171,060 | €186,956 | +€15,896 | +9.3% |
| Operating profit (loss) | 9901 | €153,592 | €166,469 | +€12,877 | +8.4% |
| Financial income | 75/76B | €597 | €9,997 | +€9,400 | +1575.5% |
| Recurring financial income | 75 | €597 | €9,997 | +€9,400 | +1575.5% |
| Financial charges | 65/66B | €1,967 | €1,000 | -€967 | -49.2% |
| Recurring financial charges | 65 | €1,967 | €1,000 | -€967 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €152,221 | €175,466 | +€23,244 | +15.3% |
| Income taxes | 67/77 | €45,018 | €51,269 | +€6,251 | +13.9% |
| Profit (loss) for the period | 9904 | €107,203 | €124,197 | +€16,994 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,203 | €124,197 | +€16,994 | +15.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.