C&L Virtuose: 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.
C&L Virtuose
Largest movements
- Receivables within one year +€12,426
up €12,426 (+15.4%), from €80,439 to €92,865
of which Trade receivables: +€17,115
- Cash +€9,985
up €9,985 (+74.0%), from €13,494 to €23,480
mainly Net result for the year (+€24,344) and Tax, wage and social debts (+€15,285)
- Tangible fixed assets +€7,988
up €7,988 (+228%), from €3,507 to €11,494
of which Furniture and vehicles: +€5,332
- Stocks and contracts +€2,180
up €2,180 (+6.9%), from €31,474 to €33,654
- Profit (loss) carried forward +€24,344
up €24,344 (+65.8%), from €37,000 to €61,344
- Tax, wage and social debts +€15,285
up €15,285 (+20.7%), from €73,875 to €89,160
of which Taxes: +€9,440
- Other debts -€6,229
no longer reported in 2025 (was €6,229)
- Trade debts -€4,625
down €4,625 (-43.5%), from €10,623 to €5,998
- Short-term financial debts +€3,032
new in 2025: €3,032
- Gross operating margin +€5,785
up €5,785 (+1.6%), from €355,825 to €361,610
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.
Derived cash bridge
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 | €130,727 | €162,534 | +€31,807 | +24.3% |
| Fixed assets | 21/28 | €4,496 | €11,807 | +€7,312 | +163% |
| Intangible fixed assets | 21 | €989 | €313 | -€676 | -68.3% |
| Tangible fixed assets | 22/27 | €3,507 | €11,494 | +€7,988 | +228% |
| Land and buildings | 22 | €1,582 | €1,239 | -€343 | -21.7% |
| Plant, machinery and equipment | 23 | €1,301 | €4,300 | +€2,999 | +230% |
| Furniture and vehicles | 24 | €624 | €5,955 | +€5,332 | +855% |
| Current assets | 29/58 | €126,232 | €150,727 | +€24,495 | +19.4% |
| Stocks and contracts in progress | 3 | €31,474 | €33,654 | +€2,180 | +6.9% |
| Stocks | 30/36 | €31,474 | €33,654 | +€2,180 | +6.9% |
| Amounts receivable within one year | 40/41 | €80,439 | €92,865 | +€12,426 | +15.4% |
| Trade receivables | 40 | €73,154 | €90,269 | +€17,115 | +23.4% |
| Other amounts receivable | 41 | €7,285 | €2,596 | -€4,689 | -64.4% |
| Cash at bank and in hand | 54/58 | €13,494 | €23,480 | +€9,985 | +74.0% |
| Deferred charges and accrued income | 490/1 | €825 | €728 | -€97 | -11.7% |
| Total equity and liabilities | 10/49 | €130,727 | €162,534 | +€31,807 | +24.3% |
| Equity | 10/15 | €40,000 | €64,344 | +€24,344 | +60.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,000 | €61,344 | +€24,344 | +65.8% |
| Amounts payable | 17/49 | €90,727 | €98,190 | +€7,463 | +8.2% |
| Amounts payable within one year | 42/48 | €90,727 | €98,190 | +€7,463 | +8.2% |
| Financial debts | 43 | - | €3,032 | +€3,032 | |
| Other loans | 439 | - | €3,032 | +€3,032 | |
| Trade debts | 44 | €10,623 | €5,998 | -€4,625 | -43.5% |
| Suppliers | 440/4 | €10,623 | €5,998 | -€4,625 | -43.5% |
| Taxes, remuneration and social security | 45 | €73,875 | €89,160 | +€15,285 | +20.7% |
| Taxes | 450/3 | €22,572 | €32,012 | +€9,440 | +41.8% |
| Remuneration and social security | 454/9 | €51,303 | €57,148 | +€5,845 | +11.4% |
| Other amounts payable | 47/48 | €6,229 | - | -€6,229 | |
| Remuneration, social security and pensions | 62 | €320,700 | €320,464 | -€236 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,883 | €2,993 | +€111 | +3.8% |
| Other operating charges | 640/8 | €736 | €4,160 | +€3,424 | +465% |
| Gross operating margin | 9900 | €355,825 | €361,610 | +€5,785 | +1.6% |
| Operating profit (loss) | 9901 | €31,506 | €33,992 | +€2,486 | +7.9% |
| Financial income | 75/76B | €293 | €781 | +€488 | +167% |
| Recurring financial income | 75 | €293 | €781 | +€488 | +167% |
| Financial charges | 65/66B | €336 | €588 | +€252 | +74.9% |
| Recurring financial charges | 65 | €336 | €588 | +€252 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €31,463 | €34,186 | +€2,723 | +8.7% |
| Income taxes | 67/77 | €10,387 | €9,842 | -€546 | -5.3% |
| Profit (loss) for the period | 9904 | €21,075 | €24,344 | +€3,269 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,075 | €24,344 | +€3,269 | +15.5% |
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 20 October 2026 via checked.be.