VARIDANS: 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.
VARIDANS
Largest movements
- Cash +€200,528
up €200,528 (+108.7%), from €184,521 to €385,049
mainly Net result for the year (+€143,682) and Receivables within one year (+€43,028)
- Receivables within one year -€43,028
down €43,028 (-25.7%), from €167,126 to €124,098
of which Trade receivables: -€37,802
- Tangible fixed assets -€14,628
down €14,628 (-25.0%), from €58,552 to €43,924
- Profit (loss) carried forward +€143,682
up €143,682 (+73.7%), from €195,045 to €338,727
- Current portion of long-term debt -€11,884
down €11,884 (-100.0%), from €11,884 to €0
- Trade debts +€5,682
up €5,682 (+22.7%), from €24,986 to €30,668
- Gross operating margin +€201,878
up €201,878 (+3203.1%), from €6,303 to €208,180
- Taxes +€48,144
up €48,144 (+27215.5%), from €177 to €48,321
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 | €412,291 | €555,027 | +€142,736 | +34.6% |
| Fixed assets | 21/28 | €58,552 | €43,924 | -€14,628 | -25.0% |
| Tangible fixed assets | 22/27 | €58,552 | €43,924 | -€14,628 | -25.0% |
| Furniture and vehicles | 24 | €58,552 | €43,924 | -€14,628 | -25.0% |
| Current assets | 29/58 | €353,739 | €511,103 | +€157,364 | +44.5% |
| Amounts receivable within one year | 40/41 | €167,126 | €124,098 | -€43,028 | -25.7% |
| Trade receivables | 40 | €102,596 | €64,794 | -€37,802 | -36.8% |
| Other amounts receivable | 41 | €64,530 | €59,304 | -€5,226 | -8.1% |
| Cash at bank and in hand | 54/58 | €184,521 | €385,049 | +€200,528 | +108.7% |
| Deferred charges and accrued income | 490/1 | €2,092 | €1,956 | -€136 | -6.5% |
| Total equity and liabilities | 10/49 | €412,291 | €555,027 | +€142,736 | +34.6% |
| Equity | 10/15 | €245,236 | €388,918 | +€143,682 | +58.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €191 | €191 | = | 0.0% |
| Non-distributable reserves | 130/1 | €191 | €191 | = | 0.0% |
| Reserves not available under the articles | 1311 | €191 | €191 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,045 | €338,727 | +€143,682 | +73.7% |
| Amounts payable | 17/49 | €167,056 | €166,109 | -€946 | -0.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €167,056 | €166,109 | -€946 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €11,884 | €0 | -€11,884 | -100.0% |
| Trade debts | 44 | €24,986 | €30,668 | +€5,682 | +22.7% |
| Suppliers | 440/4 | €24,986 | €30,668 | +€5,682 | +22.7% |
| Taxes, remuneration and social security | 45 | €981 | €6,236 | +€5,255 | +535.6% |
| Taxes | 450/3 | €981 | €6,236 | +€5,255 | +535.6% |
| Other amounts payable | 47/48 | €129,205 | €129,205 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,588 | €14,628 | +€40 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,143 | €1,254 | -€889 | -41.5% |
| Gross operating margin | 9900 | €6,303 | €208,180 | +€201,878 | +3203.1% |
| Operating profit (loss) | 9901 | -€10,429 | €192,298 | +€202,726 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €455 | €294 | -€161 | -35.3% |
| Recurring financial charges | 65 | €455 | €294 | -€161 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,884 | €192,003 | +€202,887 | |
| Income taxes | 67/77 | €177 | €48,321 | +€48,144 | +27215.5% |
| Profit (loss) for the period | 9904 | -€11,061 | €143,682 | +€154,743 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,061 | €143,682 | +€154,743 |
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 5 October 2026 via checked.be.