By Virgo: 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.
By Virgo
Largest movements
- Receivables within one year -€13,503
down €13,503 (-76.3%), from €17,698 to €4,195
of which Trade receivables: -€14,520
- Cash +€8,282
up €8,282 (+172%), from €4,806 to €13,088
mainly Receivables within one year (+€13,503) and Net result for the year (+€8,749)
- Tangible fixed assets +€1,844
up €1,844 (+11.6%), from €15,906 to €17,750
of which Furniture and vehicles: +€2,824
- Deferred charges and accrued income -€1,523
down €1,523 (-38.4%), from €3,963 to €2,441
- Debts after one year -€15,207
down €15,207 (-43.9%), from €34,621 to €19,414
- Reserves +€8,749
up €8,749 (+16.4%), from €53,318 to €62,067
- Tax, wage and social debts +€6,698
up €6,698 (+52.1%), from €12,864 to €19,562
of which Remuneration and social security: +€3,848
- Trade debts -€3,477
down €3,477 (-31.2%), from €11,132 to €7,656
- Other debts -€1,944
down €1,944 (-14.9%), from €13,052 to €11,108
- Gross operating margin +€1,794
up €1,794 (+8.1%), from €22,253 to €24,046
- Taxes +€786
up €786 (+10.5%), from €7,519 to €8,305
- Financial charges -€503
down €503 (-16.4%), from €3,074 to €2,571
- Other operating charges +€400
up €400 (+28.6%), from €1,395 to €1,795
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,913 | €138,013 | -€4,899 | -3.4% |
| Fixed assets | 21/28 | €116,446 | €118,290 | +€1,844 | +1.6% |
| Tangible fixed assets | 22/27 | €15,906 | €17,750 | +€1,844 | +11.6% |
| Furniture and vehicles | 24 | €9,468 | €12,292 | +€2,824 | +29.8% |
| Other tangible fixed assets | 26 | €6,438 | €5,458 | -€980 | -15.2% |
| Financial fixed assets | 28 | €100,540 | €100,540 | = | 0.0% |
| Current assets | 29/58 | €26,467 | €19,724 | -€6,743 | -25.5% |
| Amounts receivable within one year | 40/41 | €17,698 | €4,195 | -€13,503 | -76.3% |
| Trade receivables | 40 | €14,520 | €0 | -€14,520 | -100% |
| Other amounts receivable | 41 | €3,178 | €4,195 | +€1,017 | +32.0% |
| Cash at bank and in hand | 54/58 | €4,806 | €13,088 | +€8,282 | +172% |
| Deferred charges and accrued income | 490/1 | €3,963 | €2,441 | -€1,523 | -38.4% |
| Total equity and liabilities | 10/49 | €142,913 | €138,013 | -€4,899 | -3.4% |
| Equity | 10/15 | €56,318 | €65,067 | +€8,749 | +15.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,318 | €62,067 | +€8,749 | +16.4% |
| Distributable reserves | 133 | €53,318 | €62,067 | +€8,749 | +16.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €86,595 | €72,947 | -€13,648 | -15.8% |
| Amounts payable after more than one year | 17 | €34,621 | €19,414 | -€15,207 | -43.9% |
| Financial debts | 170/4 | €34,621 | €19,414 | -€15,207 | -43.9% |
| Amounts payable within one year | 42/48 | €51,974 | €53,533 | +€1,559 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €14,925 | €15,207 | +€282 | +1.9% |
| Trade debts | 44 | €11,132 | €7,656 | -€3,477 | -31.2% |
| Suppliers | 440/4 | €11,132 | €7,656 | -€3,477 | -31.2% |
| Taxes, remuneration and social security | 45 | €12,864 | €19,562 | +€6,698 | +52.1% |
| Taxes | 450/3 | €9,182 | €12,031 | +€2,850 | +31.0% |
| Remuneration and social security | 454/9 | €3,682 | €7,531 | +€3,848 | +105% |
| Other amounts payable | 47/48 | €13,052 | €11,108 | -€1,944 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,820 | €2,648 | -€172 | -6.1% |
| Other operating charges | 640/8 | €1,395 | €1,795 | +€400 | +28.6% |
| Gross operating margin | 9900 | €22,253 | €24,046 | +€1,794 | +8.1% |
| Operating profit (loss) | 9901 | €18,038 | €19,604 | +€1,566 | +8.7% |
| Financial income | 75/76B | €1 | €21 | +€20 | +3,078% |
| Recurring financial income | 75 | €1 | €21 | +€20 | +3,078% |
| Financial charges | 65/66B | €3,074 | €2,571 | -€503 | -16.4% |
| Recurring financial charges | 65 | €3,074 | €2,571 | -€503 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €14,964 | €17,053 | +€2,089 | +14.0% |
| Income taxes | 67/77 | €7,519 | €8,305 | +€786 | +10.5% |
| Profit (loss) for the period | 9904 | €7,445 | €8,749 | +€1,303 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,445 | €8,749 | +€1,303 | +17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.