VAROCLEAN: 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.
VAROCLEAN
Largest movements
- Cash -€14,257
down €14,257 (-53.1%), from €26,829 to €12,572
mainly Net result for the year (-€19,930) and Other debts (-€2,000)
- Receivables within one year -€3,930
down €3,930 (-22.7%), from €17,322 to €13,393
of which Other amounts receivable: -€2,762
- Tangible fixed assets -€898
down €898 (-88.7%), from €1,012 to €114
- Profit (loss) carried forward -€19,930
down €19,930, from €19,644 to -€286
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Tax, wage and social debts +€1,508
up €1,508 (+36.0%), from €4,189 to €5,696
of which Remuneration and social security: +€1,164
- Trade debts +€1,343
new in 2025: €1,343
- Gross operating margin -€36,885
down €36,885 (-88.4%), from €41,708 to €4,823
- Taxes -€4,167
down €4,167 (-95.7%), from €4,353 to €186
- Staff costs +€2,488
up €2,488 (+12.4%), from €20,105 to €22,593
- Depreciation -€688
down €688 (-43.4%), from €1,586 to €898
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 | €45,607 | €26,518 | -€19,089 | -41.9% |
| Fixed assets | 21/28 | €1,156 | €258 | -€898 | -77.7% |
| Tangible fixed assets | 22/27 | €1,012 | €114 | -€898 | -88.7% |
| Furniture and vehicles | 24 | €1,012 | €114 | -€898 | -88.7% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €44,451 | €26,260 | -€18,191 | -40.9% |
| Amounts receivable within one year | 40/41 | €17,322 | €13,393 | -€3,930 | -22.7% |
| Trade receivables | 40 | €10,100 | €8,933 | -€1,167 | -11.6% |
| Other amounts receivable | 41 | €7,222 | €4,460 | -€2,762 | -38.2% |
| Cash at bank and in hand | 54/58 | €26,829 | €12,572 | -€14,257 | -53.1% |
| Deferred charges and accrued income | 490/1 | €300 | €295 | -€5 | -1.5% |
| Total equity and liabilities | 10/49 | €45,607 | €26,518 | -€19,089 | -41.9% |
| Equity | 10/15 | €37,866 | €17,936 | -€19,930 | -52.6% |
| Contributions | 10/11 | €18,222 | €18,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,644 | -€286 | -€19,930 | |
| Amounts payable | 17/49 | €7,741 | €8,582 | +€841 | +10.9% |
| Amounts payable within one year | 42/48 | €7,741 | €8,582 | +€841 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €1,552 | €1,543 | -€9 | -0.6% |
| Trade debts | 44 | - | €1,343 | +€1,343 | |
| Suppliers | 440/4 | - | €1,343 | +€1,343 | |
| Taxes, remuneration and social security | 45 | €4,189 | €5,696 | +€1,508 | +36.0% |
| Taxes | 450/3 | €3,341 | €3,684 | +€343 | +10.3% |
| Remuneration and social security | 454/9 | €848 | €2,012 | +€1,164 | +137.4% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €20,105 | €22,593 | +€2,488 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,586 | €898 | -€688 | -43.4% |
| Other operating charges | 640/8 | €835 | €584 | -€251 | -30.1% |
| Non-recurring operating charges | 66A | - | €166 | +€166 | |
| Gross operating margin | 9900 | €41,708 | €4,823 | -€36,885 | -88.4% |
| Operating profit (loss) | 9901 | €19,182 | -€19,417 | -€38,599 | |
| Financial income | 75/76B | €187 | €85 | -€103 | -54.9% |
| Recurring financial income | 75 | €187 | €85 | -€103 | -54.9% |
| Financial charges | 65/66B | €666 | €411 | -€255 | -38.3% |
| Recurring financial charges | 65 | €666 | €411 | -€255 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €18,703 | -€19,744 | -€38,447 | |
| Income taxes | 67/77 | €4,353 | €186 | -€4,167 | -95.7% |
| Profit (loss) for the period | 9904 | €14,350 | -€19,930 | -€34,280 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,350 | -€19,930 | -€34,280 |
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 1 October 2026 via checked.be.