VersaMinds: 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.
VersaMinds
Largest movements
- Cash +€79,297
up €79,297 (+135.5%), from €58,519 to €137,816
mainly Net result for the year (+€74,438) and Receivables within one year (+€13,281)
- Receivables within one year -€13,281
down €13,281 (-51.5%), from €25,812 to €12,531
- Tangible fixed assets +€12,691
new in 2025: €12,691
- Reserves +€74,438
up €74,438 (+98.9%), from €75,231 to €149,670
- Trade debts +€1,790
up €1,790 (+184.7%), from €969 to €2,759
- Depreciation +€5,333
new in 2025: €5,333
- Gross operating margin +€4,547
up €4,547 (+4.7%), from €96,131 to €100,677
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 | €85,700 | €164,123 | +€78,423 | +91.5% |
| Fixed assets | 21/28 | - | €12,691 | +€12,691 | |
| Tangible fixed assets | 22/27 | - | €12,691 | +€12,691 | |
| Furniture and vehicles | 24 | - | €12,691 | +€12,691 | |
| Current assets | 29/58 | €85,700 | €151,432 | +€65,731 | +76.7% |
| Amounts receivable within one year | 40/41 | €25,812 | €12,531 | -€13,281 | -51.5% |
| Trade receivables | 40 | €25,812 | €12,531 | -€13,281 | -51.5% |
| Cash at bank and in hand | 54/58 | €58,519 | €137,816 | +€79,297 | +135.5% |
| Deferred charges and accrued income | 490/1 | €1,370 | €1,084 | -€285 | -20.8% |
| Total equity and liabilities | 10/49 | €85,700 | €164,123 | +€78,423 | +91.5% |
| Equity | 10/15 | €77,731 | €152,170 | +€74,438 | +95.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €75,231 | €149,670 | +€74,438 | +98.9% |
| Distributable reserves | 133 | €75,231 | €149,670 | +€74,438 | +98.9% |
| Amounts payable | 17/49 | €7,969 | €11,953 | +€3,985 | +50.0% |
| Amounts payable within one year | 42/48 | €7,969 | €11,953 | +€3,985 | +50.0% |
| Trade debts | 44 | €969 | €2,759 | +€1,790 | +184.7% |
| Suppliers | 440/4 | €969 | €2,759 | +€1,790 | +184.7% |
| Taxes, remuneration and social security | 45 | €5,272 | €6,392 | +€1,120 | +21.2% |
| Taxes | 450/3 | €5,272 | €6,392 | +€1,120 | +21.2% |
| Other amounts payable | 47/48 | €1,728 | €2,803 | +€1,075 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,333 | +€5,333 | |
| Other operating charges | 640/8 | €35 | €144 | +€109 | +311.7% |
| Gross operating margin | 9900 | €96,131 | €100,677 | +€4,547 | +4.7% |
| Operating profit (loss) | 9901 | €96,096 | €95,200 | -€896 | -0.9% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €610 | €371 | -€239 | -39.1% |
| Recurring financial charges | 65 | €610 | €371 | -€239 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €95,486 | €94,872 | -€614 | -0.6% |
| Income taxes | 67/77 | €20,255 | €20,434 | +€179 | +0.9% |
| Profit (loss) for the period | 9904 | €75,231 | €74,438 | -€793 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €75,231 | €74,438 | -€793 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.