VIRITECH: 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.
VIRITECH
Largest movements
- Cash -€174,659
down €174,659 (-71.8%), from €243,304 to €68,645
mainly Contributions, distributions and other (-€235,290) and Receivables within one year (-€2,925)
- Tangible fixed assets -€20,973
down €20,973 (-25.6%), from €81,870 to €60,897
of which Furniture and vehicles: -€20,544
- Reserves -€192,702
down €192,702 (-66.4%), from €290,289 to €97,587
of which Distributable reserves: -€192,702
- Gross operating margin +€7,616
up €7,616 (+10.9%), from €69,947 to €77,562
- Taxes +€1,630
up €1,630 (+16.7%), from €9,751 to €11,381
- Depreciation -€819
down €819 (-3.5%), from €23,593 to €22,774
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 | €336,104 | €143,445 | -€192,659 | -57.3% |
| Fixed assets | 21/28 | €81,870 | €60,897 | -€20,973 | -25.6% |
| Tangible fixed assets | 22/27 | €81,870 | €60,897 | -€20,973 | -25.6% |
| Plant, machinery and equipment | 23 | €1,464 | €1,034 | -€429 | -29.3% |
| Furniture and vehicles | 24 | €80,407 | €59,863 | -€20,544 | -25.5% |
| Current assets | 29/58 | €254,234 | €82,548 | -€171,686 | -67.5% |
| Amounts receivable within one year | 40/41 | €10,134 | €13,060 | +€2,925 | +28.9% |
| Trade receivables | 40 | €9,885 | €12,811 | +€2,926 | +29.6% |
| Other amounts receivable | 41 | €249 | €249 | -€0 | -0.2% |
| Cash at bank and in hand | 54/58 | €243,304 | €68,645 | -€174,659 | -71.8% |
| Deferred charges and accrued income | 490/1 | €795 | €843 | +€48 | +6.0% |
| Total equity and liabilities | 10/49 | €336,104 | €143,445 | -€192,659 | -57.3% |
| Equity | 10/15 | €308,889 | €116,187 | -€192,702 | -62.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,289 | €97,587 | -€192,702 | -66.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €290,289 | €97,587 | -€192,702 | -66.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,215 | €27,258 | +€43 | +0.2% |
| Amounts payable within one year | 42/48 | €27,215 | €27,258 | +€43 | +0.2% |
| Trade debts | 44 | €612 | €0 | -€612 | -100% |
| Suppliers | 440/4 | €612 | €0 | -€612 | -100% |
| Taxes, remuneration and social security | 45 | €18,229 | €19,123 | +€894 | +4.9% |
| Taxes | 450/3 | €15,729 | €16,623 | +€894 | +5.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €8,374 | €8,136 | -€239 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,593 | €22,774 | -€819 | -3.5% |
| Other operating charges | 640/8 | €626 | €685 | +€59 | +9.5% |
| Gross operating margin | 9900 | €69,947 | €77,562 | +€7,616 | +10.9% |
| Operating profit (loss) | 9901 | €45,728 | €54,103 | +€8,375 | +18.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €200 | €135 | -€65 | -32.7% |
| Recurring financial charges | 65 | €200 | €135 | -€65 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €45,529 | €53,969 | +€8,440 | +18.5% |
| Income taxes | 67/77 | €9,751 | €11,381 | +€1,630 | +16.7% |
| Profit (loss) for the period | 9904 | €35,778 | €42,588 | +€6,810 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,778 | €42,588 | +€6,810 | +19.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.