VIRGINIE K: what changed
Two financial 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.
VIRGINIE K
Largest movements
- Tangible fixed assets +€25,483
up €25,483 (+123%), from €20,694 to €46,176
of which Furniture and vehicles: +€32,672
- Cash -€9,899
down €9,899 (-18.1%), from €54,580 to €44,681
mainly Investment in fixed assets (net) (-€39,054) and Deferred charges and accrued income (-€4,113)
- Deferred charges and accrued income +€4,113
new in 2025: €4,113
- Debts after one year +€9,841
up €9,841 (+168%), from €5,851 to €15,692
of which Other amounts payable: +€14,944
- Profit (loss) carried forward +€7,504
up €7,504, from -€835 to €6,669
- Accrued charges and deferred income +€1,800
new in 2025: €1,800
- Tax, wage and social debts -€1,007
down €1,007 (-8.2%), from €12,341 to €11,334
of which Remuneration and social security: -€822
- Gross operating margin +€31,897
up €31,897 (+103%), from €31,071 to €62,967
- Staff costs +€18,574
up €18,574 (+95.3%), from €19,498 to €38,071
- Depreciation +€5,767
up €5,767 (+73.9%), from €7,804 to €13,571
- Financial charges +€651
up €651 (+85.1%), from €765 to €1,416
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.
Derived cash bridge
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 | €78,155 | €97,291 | +€19,136 | +24.5% |
| Fixed assets | 21/28 | €20,889 | €46,371 | +€25,483 | +122% |
| Tangible fixed assets | 22/27 | €20,694 | €46,176 | +€25,483 | +123% |
| Plant, machinery and equipment | 23 | €12,031 | €7,094 | -€4,936 | -41.0% |
| Furniture and vehicles | 24 | - | €32,672 | +€32,672 | |
| Leasing and similar rights | 25 | €7,613 | €5,710 | -€1,903 | -25.0% |
| Other tangible fixed assets | 26 | €1,050 | €700 | -€350 | -33.3% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €57,266 | €50,920 | -€6,346 | -11.1% |
| Stocks and contracts in progress | 3 | €1,954 | €1,865 | -€90 | -4.6% |
| Stocks | 30/36 | €1,954 | €1,865 | -€90 | -4.6% |
| Amounts receivable within one year | 40/41 | €732 | €262 | -€470 | -64.2% |
| Trade receivables | 40 | - | €201 | +€201 | |
| Other amounts receivable | 41 | €732 | €61 | -€671 | -91.7% |
| Cash at bank and in hand | 54/58 | €54,580 | €44,681 | -€9,899 | -18.1% |
| Deferred charges and accrued income | 490/1 | - | €4,113 | +€4,113 | |
| Total equity and liabilities | 10/49 | €78,155 | €97,291 | +€19,136 | +24.5% |
| Equity | 10/15 | €19,625 | €27,129 | +€7,504 | +38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€835 | €6,669 | +€7,504 | |
| Amounts payable | 17/49 | €58,530 | €70,162 | +€11,632 | +19.9% |
| Amounts payable after more than one year | 17 | €5,851 | €15,692 | +€9,841 | +168% |
| Financial debts | 170/4 | €5,851 | €748 | -€5,102 | -87.2% |
| Other amounts payable | 178/9 | - | €14,944 | +€14,944 | |
| Amounts payable within one year | 42/48 | €52,679 | €52,670 | -€9 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €2,675 | €3,499 | +€824 | +30.8% |
| Trade debts | 44 | €4,384 | €4,740 | +€356 | +8.1% |
| Suppliers | 440/4 | €4,384 | €4,740 | +€356 | +8.1% |
| Taxes, remuneration and social security | 45 | €12,341 | €11,334 | -€1,007 | -8.2% |
| Taxes | 450/3 | €5,104 | €4,919 | -€185 | -3.6% |
| Remuneration and social security | 454/9 | €7,237 | €6,415 | -€822 | -11.4% |
| Other amounts payable | 47/48 | €33,280 | €33,098 | -€182 | -0.5% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Remuneration, social security and pensions | 62 | €19,498 | €38,071 | +€18,574 | +95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,804 | €13,571 | +€5,767 | +73.9% |
| Other operating charges | 640/8 | €2,444 | €2,452 | +€8 | +0.3% |
| Gross operating margin | 9900 | €31,071 | €62,967 | +€31,897 | +103% |
| Operating profit (loss) | 9901 | €1,325 | €8,873 | +€7,548 | +570% |
| Financial income | 75/76B | €178 | €316 | +€139 | +78.0% |
| Recurring financial income | 75 | €178 | €316 | +€139 | +78.0% |
| Financial charges | 65/66B | €765 | €1,416 | +€651 | +85.1% |
| Recurring financial charges | 65 | €765 | €1,416 | +€651 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €738 | €7,773 | +€7,036 | +954% |
| Income taxes | 67/77 | €254 | €270 | +€16 | +6.2% |
| Profit (loss) for the period | 9904 | €484 | €7,504 | +€7,020 | +1,451% |
| Profit (loss) for the period to be appropriated | 9905 | €484 | €7,504 | +€7,020 | +1,451% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.