VIROWA Management & Consultancy: 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.
VIROWA Management & Consultancy
Largest movements
- Tangible fixed assets +€42,649
up €42,649 (+772%), from €5,522 to €48,171
of which Furniture and vehicles: +€41,954
- Receivables within one year +€6,873
up €6,873 (+228%), from €3,017 to €9,890
of which Trade receivables: +€6,873
- Cash +€4,041
up €4,041 (+1,506%), from €268 to €4,309
mainly Debts after one year (+€30,586) and Other debts (+€9,985)
- Debts after one year +€30,586
new in 2025: €30,586
- Other debts +€9,985
up €9,985 (+103%), from €9,654 to €19,639
- Current portion of long-term debt +€8,057
new in 2025: €8,057
- Tax, wage and social debts +€2,651
up €2,651 (+13,280%), from €20 to €2,671
- Profit (loss) carried forward +€1,502
up €1,502 (+65.5%), from €2,291 to €3,793
- Depreciation +€5,432
up €5,432 (+555%), from €979 to €6,411
- Gross operating margin +€5,272
up €5,272 (+112%), from €4,700 to €9,971
- Financial charges +€937
up €937 (+1,994%), from €47 to €984
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €16,457 | €70,406 | +€53,948 | +328% |
| Fixed assets | 21/28 | €13,172 | €55,821 | +€42,649 | +324% |
| Tangible fixed assets | 22/27 | €5,522 | €48,171 | +€42,649 | +772% |
| Furniture and vehicles | 24 | - | €41,954 | +€41,954 | |
| Other tangible fixed assets | 26 | €5,522 | €6,217 | +€695 | +12.6% |
| Financial fixed assets | 28 | €7,650 | €7,650 | = | 0.0% |
| Current assets | 29/58 | €3,285 | €14,585 | +€11,300 | +344% |
| Amounts receivable within one year | 40/41 | €3,017 | €9,890 | +€6,873 | +228% |
| Trade receivables | 40 | €2,128 | €9,000 | +€6,873 | +323% |
| Other amounts receivable | 41 | €890 | €890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €268 | €4,309 | +€4,041 | +1,506% |
| Deferred charges and accrued income | 490/1 | - | €387 | +€387 | |
| Total equity and liabilities | 10/49 | €16,457 | €70,406 | +€53,948 | +328% |
| Equity | 10/15 | €4,791 | €6,293 | +€1,502 | +31.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,291 | €3,793 | +€1,502 | +65.5% |
| Amounts payable | 17/49 | €11,666 | €64,113 | +€52,447 | +450% |
| Amounts payable after more than one year | 17 | - | €30,586 | +€30,586 | |
| Financial debts | 170/4 | - | €30,586 | +€30,586 | |
| Amounts payable within one year | 42/48 | €11,666 | €33,527 | +€21,861 | +187% |
| Current portion of amounts payable after more than one year | 42 | - | €8,057 | +€8,057 | |
| Trade debts | 44 | €1,992 | €3,160 | +€1,168 | +58.6% |
| Suppliers | 440/4 | €1,992 | €3,160 | +€1,168 | +58.6% |
| Taxes, remuneration and social security | 45 | €20 | €2,671 | +€2,651 | +13,280% |
| Taxes | 450/3 | €20 | €2,671 | +€2,651 | +13,280% |
| Other amounts payable | 47/48 | €9,654 | €19,639 | +€9,985 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €979 | €6,411 | +€5,432 | +555% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €4,700 | €9,971 | +€5,272 | +112% |
| Operating profit (loss) | 9901 | €2,949 | €3,161 | +€212 | +7.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €47 | €984 | +€937 | +1,994% |
| Recurring financial charges | 65 | €47 | €984 | +€937 | +1,994% |
| Profit (loss) for the period before taxes | 9903 | €2,902 | €2,177 | -€725 | -25.0% |
| Income taxes | 67/77 | €610 | €675 | +€65 | +10.6% |
| Profit (loss) for the period | 9904 | €2,291 | €1,502 | -€790 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,291 | €1,502 | -€790 | -34.5% |
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 25 October 2026 via checked.be.