VIRKUR: 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.
VIRKUR
Largest movements
- Cash +€17,972
up €17,972 (+160%), from €11,244 to €29,215
mainly Net result for the year (+€33,565) and Other debts (+€21,016)
- Receivables within one year +€9,743
up €9,743 (+958%), from €1,017 to €10,761
of which Trade receivables: +€9,604
- Tangible fixed assets -€3,244
down €3,244 (-21.7%), from €14,924 to €11,680
- Other debts +€21,016
up €21,016 (+164%), from €12,787 to €33,803
- Tax, wage and social debts +€4,031
up €4,031 (+629%), from €641 to €4,672
- Gross operating margin +€45,476
up €45,476 (+1,814%), from €2,506 to €47,982
- Taxes +€9,878
up €9,878 (+2,046%), from €483 to €10,361
- Depreciation +€2,723
up €2,723 (+522%), from €522 to €3,244
- Other operating charges +€523
up €523 (+223%), from €234 to €757
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 | €28,304 | €52,966 | +€24,662 | +87.1% |
| Fixed assets | 21/28 | €14,924 | €11,680 | -€3,244 | -21.7% |
| Tangible fixed assets | 22/27 | €14,924 | €11,680 | -€3,244 | -21.7% |
| Furniture and vehicles | 24 | €14,924 | €11,680 | -€3,244 | -21.7% |
| Current assets | 29/58 | €13,380 | €41,287 | +€27,907 | +209% |
| Amounts receivable within one year | 40/41 | €1,017 | €10,761 | +€9,743 | +958% |
| Trade receivables | 40 | - | €9,604 | +€9,604 | |
| Other amounts receivable | 41 | €1,017 | €1,157 | +€139 | +13.7% |
| Cash at bank and in hand | 54/58 | €11,244 | €29,215 | +€17,972 | +160% |
| Deferred charges and accrued income | 490/1 | €1,119 | €1,311 | +€191 | +17.1% |
| Total equity and liabilities | 10/49 | €28,304 | €52,966 | +€24,662 | +87.1% |
| Equity | 10/15 | €14,425 | €14,425 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,425 | €11,425 | = | 0.0% |
| Distributable reserves | 133 | €11,425 | €11,425 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,879 | €38,541 | +€24,662 | +178% |
| Amounts payable within one year | 42/48 | €13,828 | €38,525 | +€24,697 | +179% |
| Trade debts | 44 | €400 | €50 | -€350 | -87.4% |
| Suppliers | 440/4 | €400 | €50 | -€350 | -87.4% |
| Taxes, remuneration and social security | 45 | €641 | €4,672 | +€4,031 | +629% |
| Taxes | 450/3 | €641 | €4,672 | +€4,031 | +629% |
| Other amounts payable | 47/48 | €12,787 | €33,803 | +€21,016 | +164% |
| Accrued charges and deferred income | 492/3 | €51 | €16 | -€35 | -67.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €3,244 | +€2,723 | +522% |
| Other operating charges | 640/8 | €234 | €757 | +€523 | +223% |
| Gross operating margin | 9900 | €2,506 | €47,982 | +€45,476 | +1,814% |
| Operating profit (loss) | 9901 | €1,751 | €43,981 | +€42,230 | +2,412% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €45 | €55 | +€11 | +23.8% |
| Recurring financial charges | 65 | €45 | €55 | +€11 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €1,706 | €43,926 | +€42,219 | +2,475% |
| Income taxes | 67/77 | €483 | €10,361 | +€9,878 | +2,046% |
| Profit (loss) for the period | 9904 | €1,223 | €33,565 | +€32,342 | +2,644% |
| Profit (loss) for the period to be appropriated | 9905 | €1,223 | €33,565 | +€32,342 | +2,644% |
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 31 October 2026 via checked.be.