VIRE: 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.
VIRE
Largest movements
- Tangible fixed assets -€16,661
down €16,661 (-51.4%), from €32,417 to €15,756
of which Furniture and vehicles: -€16,073
- Cash -€1,594
down €1,594 (-28.9%), from €5,509 to €3,915
mainly Debts after one year (-€7,522) and Current portion of long-term debt (-€7,353)
- Receivables within one year -€700
down €700 (-4.7%), from €14,923 to €14,223
of which Trade receivables: -€1,025
- Debts after one year -€7,522
down €7,522 (-100.0%), from €7,522 to €0
- Current portion of long-term debt -€7,353
down €7,353 (-49.4%), from €14,875 to €7,522
- Profit (loss) carried forward -€6,555
down €6,555, from €5,866 to -€689
- Trade debts +€2,540
up €2,540 (+79.8%), from €3,184 to €5,724
- Depreciation -€1,810
down €1,810 (-9.8%), from €18,471 to €16,661
- Gross operating margin -€1,669
down €1,669 (-8.1%), from €20,535 to €18,867
- Other operating charges +€431
up €431 (+21.1%), from €2,039 to €2,470
- Taxes +€213
up €213 (+6.0%), from €3,564 to €3,777
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 | €61,454 | €42,506 | -€18,948 | -30.8% |
| Fixed assets | 21/28 | €39,857 | €23,196 | -€16,661 | -41.8% |
| Tangible fixed assets | 22/27 | €32,417 | €15,756 | -€16,661 | -51.4% |
| Plant, machinery and equipment | 23 | €815 | €227 | -€588 | -72.2% |
| Furniture and vehicles | 24 | €22,502 | €6,429 | -€16,073 | -71.4% |
| Other tangible fixed assets | 26 | €9,100 | €9,100 | = | 0.0% |
| Financial fixed assets | 28 | €7,440 | €7,440 | = | 0.0% |
| Current assets | 29/58 | €21,598 | €19,310 | -€2,287 | -10.6% |
| Amounts receivable within one year | 40/41 | €14,923 | €14,223 | -€700 | -4.7% |
| Trade receivables | 40 | €11,915 | €10,890 | -€1,025 | -8.6% |
| Other amounts receivable | 41 | €3,008 | €3,333 | +€325 | +10.8% |
| Cash at bank and in hand | 54/58 | €5,509 | €3,915 | -€1,594 | -28.9% |
| Deferred charges and accrued income | 490/1 | €1,165 | €1,172 | +€7 | +0.6% |
| Total equity and liabilities | 10/49 | €61,454 | €42,506 | -€18,948 | -30.8% |
| Equity | 10/15 | €26,326 | €19,771 | -€6,555 | -24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,866 | -€689 | -€6,555 | |
| Amounts payable | 17/49 | €35,128 | €22,735 | -€12,393 | -35.3% |
| Amounts payable after more than one year | 17 | €7,522 | €0 | -€7,522 | -100.0% |
| Financial debts | 170/4 | €7,522 | €0 | -€7,522 | -100.0% |
| Amounts payable within one year | 42/48 | €27,606 | €22,735 | -€4,871 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €14,875 | €7,522 | -€7,353 | -49.4% |
| Financial debts | 43 | €1,396 | €898 | -€498 | -35.7% |
| Credit institutions | 430/8 | €1,396 | €898 | -€498 | -35.7% |
| Trade debts | 44 | €3,184 | €5,724 | +€2,540 | +79.8% |
| Suppliers | 440/4 | €3,184 | €5,724 | +€2,540 | +79.8% |
| Taxes, remuneration and social security | 45 | €8,151 | €8,591 | +€440 | +5.4% |
| Taxes | 450/3 | €6,271 | €6,711 | +€440 | +7.0% |
| Remuneration and social security | 454/9 | €1,880 | €1,880 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,471 | €16,661 | -€1,810 | -9.8% |
| Other operating charges | 640/8 | €2,039 | €2,470 | +€431 | +21.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €20,535 | €18,867 | -€1,669 | -8.1% |
| Operating profit (loss) | 9901 | €26 | -€264 | -€290 | |
| Financial income | 75/76B | €52 | €1 | -€52 | -98.8% |
| Recurring financial income | 75 | €52 | €1 | -€52 | -98.8% |
| Financial charges | 65/66B | €638 | €514 | -€124 | -19.4% |
| Recurring financial charges | 65 | €638 | €514 | -€124 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€560 | -€778 | -€218 | -39.0% |
| Income taxes | 67/77 | €3,564 | €3,777 | +€213 | +6.0% |
| Profit (loss) for the period | 9904 | -€4,123 | -€4,555 | -€431 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,123 | -€4,555 | -€431 | -10.5% |
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 29 September 2026 via checked.be.