VARIDENT: 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.
VARIDENT
Largest movements
- Cash +€15,597
up €15,597 (+22.1%), from €70,432 to €86,029
mainly Net result for the year (+€35,765) and Other debts (+€15,588)
- Current investments +€14,000
new in 2025: €14,000
- Receivables within one year +€2,712
up €2,712 (+141.1%), from €1,922 to €4,634
of which Other amounts receivable: +€1,380
- Reserves +€21,196
up €21,196 (+21.9%), from €96,782 to €117,978
- Other debts +€15,588
up €15,588 (+639.7%), from €2,437 to €18,025
- Debts after one year -€4,307
down €4,307 (-53.7%), from €8,013 to €3,706
- Gross operating margin -€26,512
down €26,512 (-29.8%), from €89,051 to €62,540
- Taxes -€7,290
down €7,290 (-31.8%), from €22,902 to €15,612
- Depreciation +€1,933
up €1,933 (+25.1%), from €7,694 to €9,627
- Financial income +€1,120
up €1,120 (+271.2%), from €413 to €1,533
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 | €123,293 | €156,715 | +€33,422 | +27.1% |
| Fixed assets | 21/28 | €43,203 | €42,494 | -€709 | -1.6% |
| Tangible fixed assets | 22/27 | €43,203 | €42,494 | -€709 | -1.6% |
| Plant, machinery and equipment | 23 | €22,863 | €22,637 | -€226 | -1.0% |
| Furniture and vehicles | 24 | €9,083 | €7,305 | -€1,778 | -19.6% |
| Other tangible fixed assets | 26 | €11,257 | €12,553 | +€1,295 | +11.5% |
| Current assets | 29/58 | €80,089 | €114,220 | +€34,131 | +42.6% |
| Stocks and contracts in progress | 3 | €4,807 | €5,711 | +€905 | +18.8% |
| Stocks | 30/36 | €4,807 | €5,711 | +€905 | +18.8% |
| Amounts receivable within one year | 40/41 | €1,922 | €4,634 | +€2,712 | +141.1% |
| Trade receivables | 40 | €0 | €1,332 | +€1,332 | |
| Other amounts receivable | 41 | €1,922 | €3,302 | +€1,380 | +71.8% |
| Current investments | 50/53 | - | €14,000 | +€14,000 | |
| Cash at bank and in hand | 54/58 | €70,432 | €86,029 | +€15,597 | +22.1% |
| Deferred charges and accrued income | 490/1 | €2,928 | €3,846 | +€918 | +31.4% |
| Total equity and liabilities | 10/49 | €123,293 | €156,715 | +€33,422 | +27.1% |
| Equity | 10/15 | €102,982 | €124,178 | +€21,196 | +20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,782 | €117,978 | +€21,196 | +21.9% |
| Distributable reserves | 133 | €96,782 | €117,978 | +€21,196 | +21.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,310 | €32,536 | +€12,226 | +60.2% |
| Amounts payable after more than one year | 17 | €8,013 | €3,706 | -€4,307 | -53.7% |
| Financial debts | 170/4 | €8,013 | €3,706 | -€4,307 | -53.7% |
| Amounts payable within one year | 42/48 | €12,298 | €28,830 | +€16,532 | +134.4% |
| Current portion of amounts payable after more than one year | 42 | €4,158 | €4,307 | +€148 | +3.6% |
| Trade debts | 44 | €1,703 | €2,499 | +€796 | +46.8% |
| Suppliers | 440/4 | €1,703 | €2,499 | +€796 | +46.8% |
| Taxes, remuneration and social security | 45 | €4,000 | €4,000 | = | 0.0% |
| Taxes | 450/3 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,437 | €18,025 | +€15,588 | +639.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,694 | €9,627 | +€1,933 | +25.1% |
| Other operating charges | 640/8 | €1,645 | €1,702 | +€58 | +3.5% |
| Gross operating margin | 9900 | €89,051 | €62,540 | -€26,512 | -29.8% |
| Operating profit (loss) | 9901 | €79,713 | €51,210 | -€28,502 | -35.8% |
| Financial income | 75/76B | €413 | €1,533 | +€1,120 | +271.2% |
| Recurring financial income | 75 | €413 | €1,533 | +€1,120 | +271.2% |
| Financial charges | 65/66B | €1,420 | €1,367 | -€54 | -3.8% |
| Recurring financial charges | 65 | €1,420 | €1,367 | -€54 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €78,705 | €51,377 | -€27,329 | -34.7% |
| Income taxes | 67/77 | €22,902 | €15,612 | -€7,290 | -31.8% |
| Profit (loss) for the period | 9904 | €55,804 | €35,765 | -€20,039 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,804 | €35,765 | -€20,039 | -35.9% |
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 7 October 2026 via checked.be.