Versintel: 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.
Versintel
Largest movements
- Receivables within one year +€19,058
up €19,058 (+140.0%), from €13,613 to €32,670
- Cash +€7,213
up €7,213 (+10.2%), from €70,784 to €77,997
mainly Net result for the year (+€80,005) and Trade debts (+€14,926)
- Trade debts +€14,926
up €14,926 (+999.6%), from €1,493 to €16,419
- Other debts +€6,630
up €6,630 (+8.5%), from €78,232 to €84,862
- Tax, wage and social debts +€5,644
up €5,644 (+46.5%), from €12,144 to €17,788
- Gross operating margin +€3,893
up €3,893 (+3.9%), from €100,024 to €103,917
- Depreciation +€1,402
up €1,402 (+169.7%), from €826 to €2,228
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 | €97,869 | €125,073 | +€27,204 | +27.8% |
| Fixed assets | 21/28 | €4,524 | €5,370 | +€846 | +18.7% |
| Tangible fixed assets | 22/27 | €4,524 | €5,370 | +€846 | +18.7% |
| Furniture and vehicles | 24 | €4,524 | €5,370 | +€846 | +18.7% |
| Current assets | 29/58 | €93,345 | €119,704 | +€26,358 | +28.2% |
| Amounts receivable within one year | 40/41 | €13,613 | €32,670 | +€19,058 | +140.0% |
| Trade receivables | 40 | €13,613 | €32,670 | +€19,058 | +140.0% |
| Cash at bank and in hand | 54/58 | €70,784 | €77,997 | +€7,213 | +10.2% |
| Deferred charges and accrued income | 490/1 | €8,949 | €9,037 | +€88 | +1.0% |
| Total equity and liabilities | 10/49 | €97,869 | €125,073 | +€27,204 | +27.8% |
| Equity | 10/15 | €6,000 | €6,005 | +€5 | +0.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €5 | +€5 | |
| Amounts payable | 17/49 | €91,869 | €119,069 | +€27,200 | +29.6% |
| Amounts payable within one year | 42/48 | €91,869 | €119,069 | +€27,200 | +29.6% |
| Trade debts | 44 | €1,493 | €16,419 | +€14,926 | +999.6% |
| Suppliers | 440/4 | €1,493 | €16,419 | +€14,926 | +999.6% |
| Taxes, remuneration and social security | 45 | €12,144 | €17,788 | +€5,644 | +46.5% |
| Taxes | 450/3 | €12,144 | €17,788 | +€5,644 | +46.5% |
| Other amounts payable | 47/48 | €78,232 | €84,862 | +€6,630 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | €2,228 | +€1,402 | +169.7% |
| Other operating charges | 640/8 | €954 | €919 | -€35 | -3.7% |
| Non-recurring operating charges | 66A | €270 | €0 | -€270 | -100.0% |
| Gross operating margin | 9900 | €100,024 | €103,917 | +€3,893 | +3.9% |
| Operating profit (loss) | 9901 | €97,974 | €100,770 | +€2,796 | +2.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €575 | €348 | -€227 | -39.4% |
| Recurring financial charges | 65 | €575 | €348 | -€227 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €97,399 | €100,422 | +€3,023 | +3.1% |
| Income taxes | 67/77 | €19,706 | €20,417 | +€711 | +3.6% |
| Profit (loss) for the period | 9904 | €77,693 | €80,005 | +€2,312 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,693 | €80,005 | +€2,312 | +3.0% |
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 9 October 2026 via checked.be.