VIRO Construct: 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 Construct
Largest movements
- Tangible fixed assets -€37,109
down €37,109 (-2.7%), from €1.4m to €1.3m
of which Land and buildings: -€36,575
- Debts after one year -€54,154
down €54,154 (-5.8%), from €934,580 to €880,427
- Profit (loss) carried forward +€25,628
up €25,628 (+19.5%), from -€131,474 to -€105,846
- Financial charges -€7,771
down €7,771 (-44.5%), from €17,474 to €9,703
- Gross operating margin +€4,003
up €4,003 (+5.4%), from €74,754 to €78,757
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.
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 | €1,377,237 | €1,340,386 | -€36,851 | -2.7% |
| Fixed assets | 21/28 | €1,372,144 | €1,335,035 | -€37,109 | -2.7% |
| Tangible fixed assets | 22/27 | €1,372,144 | €1,335,035 | -€37,109 | -2.7% |
| Land and buildings | 22 | €1,370,497 | €1,333,921 | -€36,575 | -2.7% |
| Plant, machinery and equipment | 23 | €1,647 | €1,114 | -€533 | -32.4% |
| Current assets | 29/58 | €5,093 | €5,350 | +€257 | +5.1% |
| Amounts receivable within one year | 40/41 | €1,827 | €2,855 | +€1,028 | +56.2% |
| Trade receivables | 40 | €1,827 | €2,855 | +€1,028 | +56.2% |
| Cash at bank and in hand | 54/58 | €3,265 | €2,495 | -€770 | -23.6% |
| Total equity and liabilities | 10/49 | €1,377,237 | €1,340,386 | -€36,851 | -2.7% |
| Equity | 10/15 | €123,526 | €149,154 | +€25,628 | +20.7% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,474 | -€105,846 | +€25,628 | +19.5% |
| Amounts payable | 17/49 | €1,253,711 | €1,191,232 | -€62,479 | -5.0% |
| Amounts payable after more than one year | 17 | €934,580 | €880,427 | -€54,154 | -5.8% |
| Financial debts | 170/4 | €934,580 | €880,427 | -€54,154 | -5.8% |
| Amounts payable within one year | 42/48 | €307,469 | €304,886 | -€2,583 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €53,618 | €54,154 | +€536 | +1.0% |
| Taxes, remuneration and social security | 45 | €2,161 | - | -€2,161 | |
| Taxes | 450/3 | €2,161 | - | -€2,161 | |
| Other amounts payable | 47/48 | €251,690 | €250,732 | -€958 | -0.4% |
| Accrued charges and deferred income | 492/3 | €11,662 | €5,919 | -€5,742 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,065 | €37,109 | +€43 | +0.1% |
| Other operating charges | 640/8 | €6,126 | €6,317 | +€192 | +3.1% |
| Gross operating margin | 9900 | €74,754 | €78,757 | +€4,003 | +5.4% |
| Operating profit (loss) | 9901 | €31,563 | €35,331 | +€3,768 | +11.9% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €17,474 | €9,703 | -€7,771 | -44.5% |
| Recurring financial charges | 65 | €17,474 | €9,703 | -€7,771 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €14,107 | €25,628 | +€11,521 | +81.7% |
| Profit (loss) for the period | 9904 | €14,107 | €25,628 | +€11,521 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,107 | €25,628 | +€11,521 | +81.7% |
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 8 October 2026 via checked.be.