VersaSense: what changed
Two financial 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.
VersaSense
Largest movements
- Cash +€74,389
up €74,389 (+51.5%), from €144,341 to €218,731
mainly Depreciation (+€250,271) and Debts after one year (+€30,584)
- Receivables within one year +€59,456
up €59,456 (+36.3%), from €163,927 to €223,383
of which Trade receivables: +€59,375
- Intangible fixed assets -€27,307
down €27,307 (-13.7%), from €198,711 to €171,404
- Deferred charges and accrued income -€8,786
down €8,786 (-87.6%), from €10,032 to €1,246
- Debts after one year +€30,584
up €30,584 (+4.0%), from €764,601 to €795,185
- Tax, wage and social debts +€28,729
up €28,729 (+92.0%), from €31,211 to €59,939
of which Taxes: +€15,201
- Accrued charges and deferred income +€26,028
up €26,028 (+10.9%), from €239,372 to €265,400
- Profit (loss) carried forward +€21,219
up €21,219 (+1.3%), from -€1.6m to -€1.6m
- Trade debts -€16,842
down €16,842 (-20.1%), from €83,658 to €66,815
- Gross operating margin +€76,829
up €76,829 (+18.1%), from €424,605 to €501,434
- Depreciation -€68,561
down €68,561 (-21.5%), from €318,832 to €250,271
- Write-downs -€27,322
no longer reported in 2025 (was €27,322)
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.
Derived cash bridge
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 | €668,900 | €758,618 | +€89,717 | +13.4% |
| Formation expenses | 20 | €4,143 | €1,979 | -€2,163 | -52.2% |
| Fixed assets | 21/28 | €211,955 | €183,209 | -€28,746 | -13.6% |
| Intangible fixed assets | 21 | €198,711 | €171,404 | -€27,307 | -13.7% |
| Tangible fixed assets | 22/27 | €11,494 | €10,055 | -€1,439 | -12.5% |
| Plant, machinery and equipment | 23 | - | €8,194 | +€8,194 | |
| Furniture and vehicles | 24 | €11,494 | €1,862 | -€9,632 | -83.8% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €452,803 | €573,429 | +€120,626 | +26.6% |
| Stocks and contracts in progress | 3 | €134,503 | €130,070 | -€4,433 | -3.3% |
| Stocks | 30/36 | €134,503 | €130,070 | -€4,433 | -3.3% |
| Amounts receivable within one year | 40/41 | €163,927 | €223,383 | +€59,456 | +36.3% |
| Trade receivables | 40 | €163,927 | €223,302 | +€59,375 | +36.2% |
| Other amounts receivable | 41 | €0 | €81 | +€81 | |
| Cash at bank and in hand | 54/58 | €144,341 | €218,731 | +€74,389 | +51.5% |
| Deferred charges and accrued income | 490/1 | €10,032 | €1,246 | -€8,786 | -87.6% |
| Total equity and liabilities | 10/49 | €668,900 | €758,618 | +€89,717 | +13.4% |
| Equity | 10/15 | -€449,941 | -€428,722 | +€21,219 | +4.7% |
| Contributions | 10/11 | €1,122,737 | €1,122,737 | = | 0.0% |
| Capital | 10 | €1,122,737 | €1,122,737 | = | 0.0% |
| Issued capital | 100 | €1,122,737 | €1,122,737 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,572,677 | -€1,551,459 | +€21,219 | +1.3% |
| Amounts payable | 17/49 | €1,118,841 | €1,187,340 | +€68,499 | +6.1% |
| Amounts payable after more than one year | 17 | €764,601 | €795,185 | +€30,584 | +4.0% |
| Financial debts | 170/4 | €764,601 | €795,185 | +€30,584 | +4.0% |
| Amounts payable within one year | 42/48 | €114,868 | €126,755 | +€11,886 | +10.3% |
| Trade debts | 44 | €83,658 | €66,815 | -€16,842 | -20.1% |
| Suppliers | 440/4 | €83,658 | €66,815 | -€16,842 | -20.1% |
| Taxes, remuneration and social security | 45 | €31,211 | €59,939 | +€28,729 | +92.0% |
| Taxes | 450/3 | €13,777 | €28,978 | +€15,201 | +110% |
| Remuneration and social security | 454/9 | €17,434 | €30,961 | +€13,527 | +77.6% |
| Accrued charges and deferred income | 492/3 | €239,372 | €265,400 | +€26,028 | +10.9% |
| Remuneration, social security and pensions | 62 | €194,744 | €197,628 | +€2,884 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,832 | €250,271 | -€68,561 | -21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,322 | - | -€27,322 | |
| Other operating charges | 640/8 | €968 | €400 | -€568 | -58.7% |
| Gross operating margin | 9900 | €424,605 | €501,434 | +€76,829 | +18.1% |
| Operating profit (loss) | 9901 | -€117,260 | €53,135 | +€170,396 | |
| Financial income | 75/76B | €4 | €1 | -€3 | -86.2% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -86.2% |
| Financial charges | 65/66B | €30,725 | €31,917 | +€1,193 | +3.9% |
| Recurring financial charges | 65 | €30,725 | €31,917 | +€1,193 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€147,981 | €21,219 | +€169,200 | |
| Profit (loss) for the period | 9904 | -€147,981 | €21,219 | +€169,200 | |
| Profit (loss) for the period to be appropriated | 9905 | -€147,981 | €21,219 | +€169,200 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.