VARIANT-SERVICES: 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.
VARIANT-SERVICES
Largest movements
- Tangible fixed assets +€6,823
up €6,823 (+160.9%), from €4,242 to €11,065
- Receivables within one year -€4,011
down €4,011 (-29.8%), from €13,474 to €9,463
of which Trade receivables: -€2,215
- Intangible fixed assets +€2,753
new in 2025: €2,753
- Financial fixed assets +€1,900
new in 2025: €1,900
- Stocks and contracts +€1,550
new in 2025: €1,550
- Trade debts +€24,190
up €24,190 (+947.6%), from €2,553 to €26,743
- Profit (loss) carried forward -€20,341
down €20,341 (-3275.5%), from -€621 to -€20,962
- Other debts +€6,305
new in 2025: €6,305
- Tax, wage and social debts -€829
down €829 (-6.5%), from €12,856 to €12,027
of which Taxes: -€3,991
- Gross operating margin +€11,500
up €11,500 (+69.9%), from -€16,459 to -€4,959
- Staff costs +€8,155
up €8,155 (+637.1%), from €1,280 to €9,435
- Depreciation +€3,557
up €3,557 (+190.5%), from €1,867 to €5,424
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 | €17,788 | €27,113 | +€9,326 | +52.4% |
| Fixed assets | 21/28 | €4,242 | €15,718 | +€11,476 | +270.5% |
| Intangible fixed assets | 21 | - | €2,753 | +€2,753 | |
| Tangible fixed assets | 22/27 | €4,242 | €11,065 | +€6,823 | +160.9% |
| Furniture and vehicles | 24 | €4,242 | €11,065 | +€6,823 | +160.9% |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €13,546 | €11,395 | -€2,151 | -15.9% |
| Stocks and contracts in progress | 3 | - | €1,550 | +€1,550 | |
| Stocks | 30/36 | - | €1,550 | +€1,550 | |
| Amounts receivable within one year | 40/41 | €13,474 | €9,463 | -€4,011 | -29.8% |
| Trade receivables | 40 | €11,677 | €9,463 | -€2,215 | -19.0% |
| Other amounts receivable | 41 | €1,796 | - | -€1,796 | |
| Cash at bank and in hand | 54/58 | €72 | €382 | +€310 | +431.4% |
| Total equity and liabilities | 10/49 | €17,788 | €27,113 | +€9,326 | +52.4% |
| Equity | 10/15 | €2,379 | -€17,962 | -€20,341 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€621 | -€20,962 | -€20,341 | -3275.5% |
| Amounts payable | 17/49 | €15,409 | €45,075 | +€29,666 | +192.5% |
| Amounts payable within one year | 42/48 | €15,409 | €45,075 | +€29,666 | +192.5% |
| Trade debts | 44 | €2,553 | €26,743 | +€24,190 | +947.6% |
| Suppliers | 440/4 | €2,553 | €26,743 | +€24,190 | +947.6% |
| Taxes, remuneration and social security | 45 | €12,856 | €12,027 | -€829 | -6.5% |
| Taxes | 450/3 | €12,239 | €8,249 | -€3,991 | -32.6% |
| Remuneration and social security | 454/9 | €616 | €3,778 | +€3,162 | +513.0% |
| Other amounts payable | 47/48 | - | €6,305 | +€6,305 | |
| Remuneration, social security and pensions | 62 | €1,280 | €9,435 | +€8,155 | +637.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,867 | €5,424 | +€3,557 | +190.5% |
| Other operating charges | 640/8 | €450 | €407 | -€42 | -9.4% |
| Gross operating margin | 9900 | -€16,459 | -€4,959 | +€11,500 | +69.9% |
| Operating profit (loss) | 9901 | -€20,055 | -€20,225 | -€169 | -0.8% |
| Financial charges | 65/66B | €225 | €116 | -€109 | -48.3% |
| Recurring financial charges | 65 | €225 | €116 | -€109 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,280 | -€20,341 | -€61 | -0.3% |
| Profit (loss) for the period | 9904 | -€20,280 | -€20,341 | -€61 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,280 | -€20,341 | -€61 | -0.3% |
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 3 October 2026 via checked.be.