B-VIRTUAL: 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.
B-VIRTUAL
Largest movements
- Cash +€38,806
up €38,806 (+49.4%), from €78,625 to €117,431
mainly Net result for the year (+€36,780) and Other debts (+€17,862)
- Receivables after one year -€13,006
no longer reported in 2025 (was €13,006)
- Tangible fixed assets -€11,151
down €11,151 (-34.9%), from €31,973 to €20,822
of which Furniture and vehicles: -€9,315
- Receivables within one year -€6,793
down €6,793 (-19.8%), from €34,319 to €27,526
of which Other amounts receivable: -€13,063
- Deferred charges and accrued income -€4,259
no longer reported in 2025 (was €4,259)
- Reserves -€21,545
down €21,545 (-18.5%), from €116,499 to €94,954
- Other debts +€17,862
up €17,862 (+175.8%), from €10,163 to €28,025
- Tax, wage and social debts +€11,076
up €11,076 (+80.7%), from €13,721 to €24,797
- Trade debts -€2,034
down €2,034 (-26.6%), from €7,637 to €5,603
- Accrued charges and deferred income -€1,762
no longer reported in 2025 (was €1,762)
- Gross operating margin +€46,294
up €46,294 (+224.3%), from €20,642 to €66,936
- Taxes +€12,972
up €12,972 (+436.0%), from €2,975 to €15,947
- Other operating charges +€942
up €942 (+102.5%), from €919 to €1,861
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 | €162,181 | €165,779 | +€3,598 | +2.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €31,973 | €20,822 | -€11,151 | -34.9% |
| Tangible fixed assets | 22/27 | €31,973 | €20,822 | -€11,151 | -34.9% |
| Plant, machinery and equipment | 23 | €3,274 | €1,486 | -€1,788 | -54.6% |
| Furniture and vehicles | 24 | €27,536 | €18,221 | -€9,315 | -33.8% |
| Other tangible fixed assets | 26 | €1,162 | €1,115 | -€47 | -4.1% |
| Current assets | 29/58 | €130,209 | €144,957 | +€14,748 | +11.3% |
| Amounts receivable after more than one year | 29 | €13,006 | - | -€13,006 | |
| Other amounts receivable | 291 | €13,006 | - | -€13,006 | |
| Amounts receivable within one year | 40/41 | €34,319 | €27,526 | -€6,793 | -19.8% |
| Trade receivables | 40 | €19,361 | €25,630 | +€6,269 | +32.4% |
| Other amounts receivable | 41 | €14,958 | €1,895 | -€13,063 | -87.3% |
| Cash at bank and in hand | 54/58 | €78,625 | €117,431 | +€38,806 | +49.4% |
| Deferred charges and accrued income | 490/1 | €4,259 | - | -€4,259 | |
| Total equity and liabilities | 10/49 | €162,181 | €165,779 | +€3,598 | +2.2% |
| Equity | 10/15 | €128,899 | €107,354 | -€21,545 | -16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €116,499 | €94,954 | -€21,545 | -18.5% |
| Distributable reserves | 133 | €116,499 | €94,954 | -€21,545 | -18.5% |
| Amounts payable | 17/49 | €33,283 | €58,425 | +€25,142 | +75.5% |
| Amounts payable within one year | 42/48 | €31,521 | €58,425 | +€26,904 | +85.4% |
| Trade debts | 44 | €7,637 | €5,603 | -€2,034 | -26.6% |
| Suppliers | 440/4 | €7,637 | €5,603 | -€2,034 | -26.6% |
| Taxes, remuneration and social security | 45 | €13,721 | €24,797 | +€11,076 | +80.7% |
| Taxes | 450/3 | €13,721 | €24,797 | +€11,076 | +80.7% |
| Other amounts payable | 47/48 | €10,163 | €28,025 | +€17,862 | +175.8% |
| Accrued charges and deferred income | 492/3 | €1,762 | - | -€1,762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,451 | €11,437 | -€14 | -0.1% |
| Other operating charges | 640/8 | €919 | €1,861 | +€942 | +102.5% |
| Gross operating margin | 9900 | €20,642 | €66,936 | +€46,294 | +224.3% |
| Operating profit (loss) | 9901 | €8,272 | €53,638 | +€45,366 | +548.4% |
| Financial income | 75/76B | €887 | €496 | -€391 | -44.1% |
| Recurring financial income | 75 | €887 | €496 | -€391 | -44.1% |
| Financial charges | 65/66B | €1,371 | €1,407 | +€36 | +2.6% |
| Recurring financial charges | 65 | €1,371 | €1,407 | +€36 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €7,788 | €52,727 | +€44,939 | +577.0% |
| Income taxes | 67/77 | €2,975 | €15,947 | +€12,972 | +436.0% |
| Profit (loss) for the period | 9904 | €4,813 | €36,780 | +€31,967 | +664.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,813 | €36,780 | +€31,967 | +664.2% |
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 28 September 2026 via checked.be.