VERSATUS: 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.
VERSATUS
Largest movements
- Cash +€24,172
up €24,172 (+203.9%), from €11,856 to €36,028
mainly Net result for the year (+€32,128) and Other debts (+€1,653)
- Tangible fixed assets +€2,635
new in 2025: €2,635
- Receivables within one year +€1,275
up €1,275 (+12.5%), from €10,164 to €11,439
of which Other amounts receivable: +€833
- Reserves +€31,269
up €31,269 (+457.7%), from €6,832 to €38,100
- Trade debts -€2,767
no longer reported in 2025 (was €2,767)
of which Bills of exchange payable: -€2,611
- Tax, wage and social debts -€2,072
down €2,072 (-27.9%), from €7,421 to €5,349
- Other debts +€1,653
new in 2025: €1,653
- Gross operating margin +€31,106
up €31,106 (+302.0%), from €10,300 to €41,406
- Taxes +€6,483
up €6,483 (+300.2%), from €2,160 to €8,643
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 | €22,020 | €50,102 | +€28,082 | +127.5% |
| Fixed assets | 21/28 | - | €2,635 | +€2,635 | |
| Tangible fixed assets | 22/27 | - | €2,635 | +€2,635 | |
| Plant, machinery and equipment | 23 | - | €2,635 | +€2,635 | |
| Current assets | 29/58 | €22,020 | €47,467 | +€25,447 | +115.6% |
| Amounts receivable within one year | 40/41 | €10,164 | €11,439 | +€1,275 | +12.5% |
| Trade receivables | 40 | €10,164 | €10,606 | +€442 | +4.4% |
| Other amounts receivable | 41 | - | €833 | +€833 | |
| Cash at bank and in hand | 54/58 | €11,856 | €36,028 | +€24,172 | +203.9% |
| Total equity and liabilities | 10/49 | €22,020 | €50,102 | +€28,082 | +127.5% |
| Equity | 10/15 | €11,832 | €43,100 | +€31,269 | +264.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,832 | €38,100 | +€31,269 | +457.7% |
| Distributable reserves | 133 | €6,832 | €38,100 | +€31,269 | +457.7% |
| Amounts payable | 17/49 | €10,188 | €7,002 | -€3,187 | -31.3% |
| Amounts payable within one year | 42/48 | €10,188 | €7,002 | -€3,187 | -31.3% |
| Trade debts | 44 | €2,767 | - | -€2,767 | |
| Suppliers | 440/4 | €156 | - | -€156 | |
| Bills of exchange payable | 441 | €2,611 | - | -€2,611 | |
| Taxes, remuneration and social security | 45 | €7,421 | €5,349 | -€2,072 | -27.9% |
| Taxes | 450/3 | €7,421 | €5,349 | -€2,072 | -27.9% |
| Other amounts payable | 47/48 | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €350 | - | -€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €306 | +€306 | |
| Other operating charges | 640/8 | - | €98 | +€98 | |
| Gross operating margin | 9900 | €10,300 | €41,406 | +€31,106 | +302.0% |
| Operating profit (loss) | 9901 | €9,950 | €41,003 | +€31,053 | +312.1% |
| Financial charges | 65/66B | €125 | €232 | +€107 | +85.9% |
| Recurring financial charges | 65 | €125 | €232 | +€107 | +85.9% |
| Profit (loss) for the period before taxes | 9903 | €9,825 | €40,771 | +€30,946 | +315.0% |
| Income taxes | 67/77 | €2,160 | €8,643 | +€6,483 | +300.2% |
| Profit (loss) for the period | 9904 | €7,665 | €32,128 | +€24,463 | +319.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,665 | €32,128 | +€24,463 | +319.2% |
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 4 October 2026 via checked.be.