Varto49: 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.
Varto49
Largest movements
- Receivables within one year -€10,221
down €10,221 (-94.4%), from €10,830 to €608
of which Trade receivables: -€9,497
- Cash +€6,163
new in 2025: €6,163
- Short-term financial debts -€2,211
no longer reported in 2025 (was €2,211)
- Trade debts -€1,124
no longer reported in 2025 (was €1,124)
- Tax, wage and social debts -€724
down €724 (-99.4%), from €729 to €5
- Gross operating margin -€20,472
no longer reported in 2025 (was €20,472)
- Financial charges -€14,903
no longer reported in 2025 (was €14,903)
of which Non-recurring financial charges: -€13,626
- Depreciation -€9,936
no longer reported in 2025 (was €9,936)
- Other operating charges -€2,555
no longer reported in 2025 (was €2,555)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,607 | €7,548 | -€4,059 | -35.0% |
| Current assets | 29/58 | €11,607 | €7,548 | -€4,059 | -35.0% |
| Amounts receivable within one year | 40/41 | €10,830 | €608 | -€10,221 | -94.4% |
| Trade receivables | 40 | €10,106 | €608 | -€9,497 | -94.0% |
| Other amounts receivable | 41 | €724 | - | -€724 | |
| Cash at bank and in hand | 54/58 | - | €6,163 | +€6,163 | |
| Deferred charges and accrued income | 490/1 | €777 | €777 | = | 0.0% |
| Total equity and liabilities | 10/49 | €11,607 | €7,548 | -€4,059 | -35.0% |
| Equity | 10/15 | -€24,031 | -€24,031 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,031 | -€29,031 | = | 0.0% |
| Amounts payable | 17/49 | €35,638 | €31,579 | -€4,059 | -11.4% |
| Amounts payable within one year | 42/48 | €35,638 | €31,579 | -€4,059 | -11.4% |
| Financial debts | 43 | €2,211 | - | -€2,211 | |
| Credit institutions | 430/8 | €2,211 | - | -€2,211 | |
| Trade debts | 44 | €1,124 | - | -€1,124 | |
| Suppliers | 440/4 | €1,124 | - | -€1,124 | |
| Taxes, remuneration and social security | 45 | €729 | €5 | -€724 | -99.4% |
| Taxes | 450/3 | €729 | €5 | -€724 | -99.4% |
| Other amounts payable | 47/48 | €31,574 | €31,574 | = | 0.0% |
| Non-recurring operating income | 76A | €18,000 | - | -€18,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,936 | - | -€9,936 | |
| Other operating charges | 640/8 | €2,555 | - | -€2,555 | |
| Gross operating margin | 9900 | €20,472 | - | -€20,472 | |
| Operating profit (loss) | 9901 | €7,981 | - | -€7,981 | |
| Financial charges | 65/66B | €14,903 | - | -€14,903 | |
| Recurring financial charges | 65 | €1,278 | - | -€1,278 | |
| Non-recurring financial charges | 66B | €13,626 | - | -€13,626 | |
| Profit (loss) for the period before taxes | 9903 | -€6,922 | - | +€6,922 | |
| Profit (loss) for the period | 9904 | -€6,922 | - | +€6,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,922 | - | +€6,922 |
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 29 September 2026 via checked.be.