VIR Fiber Optic: what changed
What changed
VIR Fiber Optic
NACE 43.240, Other construction installation
filed annual accounts (NBB)
Net result for the year
€16,592
2024 · €25,217-€8,624
Equity
€44,309
2024 · €27,717+€16,592
Cash
€1,125
2024 · €1,319-€194
Balance sheet total
€84,473
2024 · €67,040+€17,433
Largest movements
Assets
- Receivables within one year +€13,765
up €13,765 (+63.4%), from €21,714 to €35,479
of which Trade receivables: +€13,272
- Tangible fixed assets +€3,879
up €3,879 (+8.9%), from €43,571 to €47,451
of which Plant, machinery and equipment: +€10,258
Equity and liabilities
- Reserves +€41,809
new in 2025: €41,809
- Profit (loss) carried forward -€25,217
no longer reported in 2025 (was €25,217)
- Tax, wage and social debts +€7,424
up €7,424 (+84.5%), from €8,785 to €16,209
- Debts after one year -€5,834
down €5,834 (-26.3%), from €22,173 to €16,339
- Other debts -€1,773
no longer reported in 2025 (was €1,773)
Income statement
- Gross operating margin -€9,108
down €9,108 (-20.2%), from €45,162 to €36,054
- Depreciation +€8,850
up €8,850 (+315%), from €2,811 to €11,661
- Taxes -€2,465
down €2,465 (-37.4%), from €6,584 to €4,118
- Staff costs -€840
down €840 (-29.4%), from €2,856 to €2,016
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,217
Gross operating margin
-€9,108
Staff costs
+€840
Depreciation
-€8,850
Other operating charges
+€233
Other operating items
+€5,964
Financial charges
-€169
Taxes
+€2,465
Result 2025
€16,592
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€20,925
Investment
-€15,540
Financing
-€5,579
Cash 2024
€1,319
From operations (derived)
+€20,925
Net result for the year
+€16,592
Depreciation
+€11,661
Receivables within one year
-€13,765
Deferred charges and accrued income
+€18
Trade debts
+€768
Tax, wage and social debts
+€7,424
Other debts
-€1,773
Investment (derived)
-€15,540
Investment in fixed assets (net)
-€15,540
Financing
-€5,579
Debts after one year
-€5,834
Current portion of long-term debt
+€256
Cash 2025
€1,125
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,040 | €84,473 | +€17,433 | +26.0% |
| Fixed assets | 21/28 | €43,571 | €47,451 | +€3,879 | +8.9% |
| Tangible fixed assets | 22/27 | €43,571 | €47,451 | +€3,879 | +8.9% |
| Plant, machinery and equipment | 23 | €14,363 | €24,621 | +€10,258 | +71.4% |
| Furniture and vehicles | 24 | €29,208 | €22,830 | -€6,378 | -21.8% |
| Current assets | 29/58 | €23,469 | €37,022 | +€13,553 | +57.8% |
| Amounts receivable within one year | 40/41 | €21,714 | €35,479 | +€13,765 | +63.4% |
| Trade receivables | 40 | €21,714 | €34,986 | +€13,272 | +61.1% |
| Other amounts receivable | 41 | - | €493 | +€493 | |
| Cash at bank and in hand | 54/58 | €1,319 | €1,125 | -€194 | -14.7% |
| Deferred charges and accrued income | 490/1 | €436 | €418 | -€18 | -4.1% |
| Total equity and liabilities | 10/49 | €67,040 | €84,473 | +€17,433 | +26.0% |
| Equity | 10/15 | €27,717 | €44,309 | +€16,592 | +59.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €41,809 | +€41,809 | |
| Distributable reserves | 133 | - | €41,809 | +€41,809 | |
| Profit (loss) carried forward | 14 | €25,217 | - | -€25,217 | |
| Amounts payable | 17/49 | €39,324 | €40,164 | +€841 | +2.1% |
| Amounts payable after more than one year | 17 | €22,173 | €16,339 | -€5,834 | -26.3% |
| Financial debts | 170/4 | €22,173 | €16,339 | -€5,834 | -26.3% |
| Amounts payable within one year | 42/48 | €17,151 | €23,826 | +€6,675 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €5,579 | €5,834 | +€256 | +4.6% |
| Trade debts | 44 | €1,014 | €1,782 | +€768 | +75.7% |
| Suppliers | 440/4 | €1,014 | €1,782 | +€768 | +75.7% |
| Taxes, remuneration and social security | 45 | €8,785 | €16,209 | +€7,424 | +84.5% |
| Taxes | 450/3 | €8,785 | €16,209 | +€7,424 | +84.5% |
| Other amounts payable | 47/48 | €1,773 | - | -€1,773 | |
| Remuneration, social security and pensions | 62 | €2,856 | €2,016 | -€840 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,811 | €11,661 | +€8,850 | +315% |
| Other operating charges | 640/8 | €632 | €399 | -€233 | -36.8% |
| Non-recurring operating charges | 66A | €5,964 | - | -€5,964 | |
| Gross operating margin | 9900 | €45,162 | €36,054 | -€9,108 | -20.2% |
| Operating profit (loss) | 9901 | €32,899 | €21,978 | -€10,920 | -33.2% |
| Financial charges | 65/66B | €1,099 | €1,268 | +€169 | +15.4% |
| Recurring financial charges | 65 | €1,099 | €1,268 | +€169 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €31,800 | €20,710 | -€11,090 | -34.9% |
| Income taxes | 67/77 | €6,584 | €4,118 | -€2,465 | -37.4% |
| Profit (loss) for the period | 9904 | €25,217 | €16,592 | -€8,624 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,217 | €16,592 | -€8,624 | -34.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.