Virdem: 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.
Virdem
Largest movements
- Tangible fixed assets -€15,069
down €15,069 (-12.4%), from €121,668 to €106,599
of which Plant, machinery and equipment: -€12,021
- Receivables within one year -€2,000
down €2,000 (-26.7%), from €7,500 to €5,500
- Profit (loss) carried forward -€25,068
down €25,068 (-18.4%), from -€136,466 to -€161,534
- Other debts +€5,985
up €5,985 (+4.2%), from €140,912 to €146,897
- Trade debts +€3,268
up €3,268 (+389.4%), from €839 to €4,107
- Depreciation +€2,210
up €2,210 (+17.2%), from €12,859 to €15,069
- Gross operating margin -€1,588
down €1,588 (-33.0%), from -€4,805 to -€6,392
- Other operating charges -€211
down €211 (-6.0%), from €3,507 to €3,296
- Financial charges +€182
up €182 (+141.5%), from €128 to €310
- Taxes +€70
no longer reported in 2023 (was -€70)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,235 | €113,420 | -€15,815 | -12.2% |
| Fixed assets | 21/28 | €121,668 | €106,599 | -€15,069 | -12.4% |
| Tangible fixed assets | 22/27 | €121,668 | €106,599 | -€15,069 | -12.4% |
| Land and buildings | 22 | €31,731 | €28,756 | -€2,975 | -9.4% |
| Plant, machinery and equipment | 23 | €89,863 | €77,843 | -€12,021 | -13.4% |
| Furniture and vehicles | 24 | €73 | - | -€73 | |
| Current assets | 29/58 | €7,567 | €6,821 | -€746 | -9.9% |
| Amounts receivable within one year | 40/41 | €7,500 | €5,500 | -€2,000 | -26.7% |
| Trade receivables | 40 | €7,500 | €5,500 | -€2,000 | -26.7% |
| Cash at bank and in hand | 54/58 | €67 | €657 | +€590 | +882.7% |
| Deferred charges and accrued income | 490/1 | - | €664 | +€664 | |
| Total equity and liabilities | 10/49 | €129,235 | €113,420 | -€15,815 | -12.2% |
| Equity | 10/15 | -€12,517 | -€37,584 | -€25,068 | -200.3% |
| Contributions | 10/11 | €123,950 | €123,950 | = | 0.0% |
| Capital | 10 | €123,950 | - | -€123,950 | |
| Issued capital | 100 | €123,950 | - | -€123,950 | |
| Outside capital | 11 | - | €123,950 | +€123,950 | |
| Other | 1109/19 | - | €123,950 | +€123,950 | |
| Profit (loss) carried forward | 14 | -€136,466 | -€161,534 | -€25,068 | -18.4% |
| Amounts payable | 17/49 | €141,751 | €151,004 | +€9,253 | +6.5% |
| Amounts payable within one year | 42/48 | €141,751 | €151,004 | +€9,253 | +6.5% |
| Trade debts | 44 | €839 | €4,107 | +€3,268 | +389.4% |
| Suppliers | 440/4 | €839 | €4,107 | +€3,268 | +389.4% |
| Other amounts payable | 47/48 | €140,912 | €146,897 | +€5,985 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,859 | €15,069 | +€2,210 | +17.2% |
| Other operating charges | 640/8 | €3,507 | €3,296 | -€211 | -6.0% |
| Gross operating margin | 9900 | -€4,805 | -€6,392 | -€1,588 | -33.0% |
| Operating profit (loss) | 9901 | -€21,171 | -€24,758 | -€3,587 | -16.9% |
| Financial charges | 65/66B | €128 | €310 | +€182 | +141.5% |
| Recurring financial charges | 65 | €128 | €310 | +€182 | +141.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,299 | -€25,068 | -€3,769 | -17.7% |
| Income taxes | 67/77 | -€70 | - | +€70 | |
| Profit (loss) for the period | 9904 | -€21,229 | -€25,068 | -€3,839 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,229 | -€25,068 | -€3,839 | -18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.