VIRO: 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.
VIRO
Largest movements
- Cash +€65,511
up €65,511 (+210.4%), from €31,130 to €96,641
mainly Net result for the year (+€59,825) and Receivables within one year (+€14,433)
- Receivables within one year -€14,433
down €14,433 (-19.0%), from €75,791 to €61,358
of which Other amounts receivable: -€11,129
- Deferred charges and accrued income -€3,397
down €3,397 (-10.7%), from €31,619 to €28,223
- Tangible fixed assets -€2,861
down €2,861 (-37.1%), from €7,720 to €4,859
of which Furniture and vehicles: -€2,861
- Reserves +€59,825
up €59,825 (+53.1%), from €112,595 to €172,420
- Tax, wage and social debts -€12,776
down €12,776 (-71.7%), from €17,808 to €5,032
of which Taxes: -€9,894
- Trade debts -€2,227
down €2,227 (-42.8%), from €5,205 to €2,977
- Gross operating margin +€55,069
up €55,069 (+159.5%), from €34,527 to €89,595
- Taxes +€15,162
up €15,162 (+183.7%), from €8,256 to €23,418
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,634 | €193,455 | +€44,821 | +30.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,095 | €7,234 | -€2,861 | -28.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €7,720 | €4,859 | -€2,861 | -37.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €7,720 | €4,859 | -€2,861 | -37.1% |
| Financial fixed assets | 28 | €2,375 | €2,375 | = | 0.0% |
| Current assets | 29/58 | €138,540 | €186,222 | +€47,682 | +34.4% |
| Amounts receivable within one year | 40/41 | €75,791 | €61,358 | -€14,433 | -19.0% |
| Trade receivables | 40 | €6,404 | €3,100 | -€3,304 | -51.6% |
| Other amounts receivable | 41 | €69,387 | €58,258 | -€11,129 | -16.0% |
| Cash at bank and in hand | 54/58 | €31,130 | €96,641 | +€65,511 | +210.4% |
| Deferred charges and accrued income | 490/1 | €31,619 | €28,223 | -€3,397 | -10.7% |
| Total equity and liabilities | 10/49 | €148,634 | €193,455 | +€44,821 | +30.2% |
| Equity | 10/15 | €125,382 | €185,207 | +€59,825 | +47.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €112,595 | €172,420 | +€59,825 | +53.1% |
| Distributable reserves | 133 | €112,595 | €172,420 | +€59,825 | +53.1% |
| Profit (loss) carried forward | 14 | €387 | €387 | = | 0.0% |
| Amounts payable | 17/49 | €23,252 | €8,248 | -€15,004 | -64.5% |
| Amounts payable within one year | 42/48 | €23,252 | €8,248 | -€15,004 | -64.5% |
| Trade debts | 44 | €5,205 | €2,977 | -€2,227 | -42.8% |
| Suppliers | 440/4 | €5,205 | €2,977 | -€2,227 | -42.8% |
| Taxes, remuneration and social security | 45 | €17,808 | €5,032 | -€12,776 | -71.7% |
| Taxes | 450/3 | €14,925 | €5,032 | -€9,894 | -66.3% |
| Remuneration and social security | 454/9 | €2,883 | - | -€2,883 | |
| Other amounts payable | 47/48 | €240 | €240 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,083 | €3,850 | -€233 | -5.7% |
| Other operating charges | 640/8 | €668 | €701 | +€33 | +4.9% |
| Gross operating margin | 9900 | €34,527 | €89,595 | +€55,069 | +159.5% |
| Operating profit (loss) | 9901 | €29,775 | €85,045 | +€55,269 | +185.6% |
| Financial income | 75/76B | €1 | €5 | +€4 | +369.7% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +369.7% |
| Financial charges | 65/66B | €2,293 | €1,807 | -€486 | -21.2% |
| Recurring financial charges | 65 | €2,049 | €1,807 | -€242 | -11.8% |
| Non-recurring financial charges | 66B | €244 | - | -€244 | |
| Profit (loss) for the period before taxes | 9903 | €27,483 | €83,242 | +€55,759 | +202.9% |
| Income taxes | 67/77 | €8,256 | €23,418 | +€15,162 | +183.7% |
| Profit (loss) for the period | 9904 | €19,227 | €59,825 | +€40,597 | +211.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,227 | €59,825 | +€40,597 | +211.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.