VATAI Technology: 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.
VATAI Technology
Largest movements
- Financial fixed assets +€704,471
up €704,471 (+1173.2%), from €60,047 to €764,518
- Receivables within one year +€220,630
up €220,630 (+168.0%), from €131,297 to €351,927
of which Other amounts receivable: +€239,542
- Cash -€75,603
down €75,603 (-17.3%), from €436,853 to €361,250
mainly Net result for the year (-€802,304) and Investment in fixed assets (net) (-€704,471)
- Profit (loss) carried forward -€802,304
down €802,304, from €4,209 to -€798,095
- Advances received +€752,401
new in 2025: €752,401
- Other debts +€575,999
new in 2025: €575,999
- Trade debts +€337,592
up €337,592 (+238.2%), from €141,737 to €479,329
- Contributions -€280,850
down €280,850 (-58.4%), from €480,850 to €200,000
- Purchases and services +€968,983
up €968,983 (+307.3%), from €315,354 to €1.3m
- Gross operating margin -€785,304
down €785,304, from €20,120 to -€765,184
- Turnover +€185,638
up €185,638 (+55.7%), from €333,515 to €519,153
- Financial charges +€21,344
up €21,344 (+158.3%), from €13,484 to €34,828
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 | €628,198 | €1,490,616 | +€862,418 | +137.3% |
| Fixed assets | 21/28 | €60,047 | €764,518 | +€704,471 | +1173.2% |
| Financial fixed assets | 28 | €60,047 | €764,518 | +€704,471 | +1173.2% |
| Current assets | 29/58 | €568,151 | €726,098 | +€157,947 | +27.8% |
| Amounts receivable within one year | 40/41 | €131,297 | €351,927 | +€220,630 | +168.0% |
| Trade receivables | 40 | €18,913 | - | -€18,913 | |
| Other amounts receivable | 41 | €112,385 | €351,927 | +€239,542 | +213.1% |
| Cash at bank and in hand | 54/58 | €436,853 | €361,250 | -€75,603 | -17.3% |
| Deferred charges and accrued income | 490/1 | - | €12,921 | +€12,921 | |
| Total equity and liabilities | 10/49 | €628,198 | €1,490,616 | +€862,418 | +137.3% |
| Equity | 10/15 | €485,058 | -€598,095 | -€1.1m | |
| Contributions | 10/11 | €480,850 | €200,000 | -€280,850 | -58.4% |
| Profit (loss) carried forward | 14 | €4,209 | -€798,095 | -€802,304 | |
| Amounts payable | 17/49 | €143,140 | €2,088,711 | +€1.9m | +1359.2% |
| Amounts payable after more than one year | 17 | - | €280,000 | +€280,000 | |
| Financial debts | 170/4 | - | €280,000 | +€280,000 | |
| Amounts payable within one year | 42/48 | €143,140 | €1,808,711 | +€1.7m | +1163.6% |
| Trade debts | 44 | €141,737 | €479,329 | +€337,592 | +238.2% |
| Suppliers | 440/4 | €141,737 | €479,329 | +€337,592 | +238.2% |
| Advances received on contracts in progress | 46 | - | €752,401 | +€752,401 | |
| Taxes, remuneration and social security | 45 | €1,403 | €982 | -€421 | -30.0% |
| Taxes | 450/3 | €1,403 | €982 | -€421 | -30.0% |
| Other amounts payable | 47/48 | - | €575,999 | +€575,999 | |
| Turnover | 70 | €333,515 | €519,153 | +€185,638 | +55.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €315,354 | €1,284,337 | +€968,983 | +307.3% |
| Other operating charges | 640/8 | €1,547 | - | -€1,547 | |
| Non-recurring operating charges | 66A | - | €2,292 | +€2,292 | |
| Gross operating margin | 9900 | €20,120 | -€765,184 | -€785,304 | |
| Operating profit (loss) | 9901 | €18,573 | -€767,476 | -€786,049 | |
| Financial income | 75/76B | €523 | - | -€523 | |
| Recurring financial income | 75 | €523 | - | -€523 | |
| Financial charges | 65/66B | €13,484 | €34,828 | +€21,344 | +158.3% |
| Recurring financial charges | 65 | €13,484 | €34,828 | +€21,344 | +158.3% |
| Profit (loss) for the period before taxes | 9903 | €5,612 | -€802,304 | -€807,916 | |
| Income taxes | 67/77 | €1,403 | - | -€1,403 | |
| Profit (loss) for the period | 9904 | €4,209 | -€802,304 | -€806,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,209 | -€802,304 | -€806,513 |
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 11 October 2026 via checked.be.