VIRSYS: 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.
VIRSYS
Largest movements
- Cash +€53,916
up €53,916 (+67.0%), from €80,497 to €134,413
mainly Net result for the year (+€45,159) and Other debts (+€12,075)
- Financial fixed assets -€11,850
down €11,850 (-99.8%), from €11,876 to €26
- Receivables within one year -€2,949
down €2,949 (-9.8%), from €30,090 to €27,141
of which Trade receivables: -€4,002
- Reserves +€28,274
up €28,274 (+29.3%), from €96,554 to €124,828
- Other debts +€12,075
up €12,075 (+79.8%), from €15,134 to €27,209
- Tax, wage and social debts -€2,873
down €2,873 (-56.0%), from €5,131 to €2,258
- Financial charges +€6,259
up €6,259 (+507.6%), from €1,233 to €7,492
of which Non-recurring financial charges: +€6,017
- Taxes -€2,697
down €2,697 (-18.0%), from €14,955 to €12,258
- Gross operating margin -€950
down €950 (-1.4%), from €67,333 to €66,383
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 | €125,027 | €163,166 | +€38,139 | +30.5% |
| Fixed assets | 21/28 | €12,392 | €26 | -€12,367 | -99.8% |
| Tangible fixed assets | 22/27 | €517 | €0 | -€517 | -100.0% |
| Furniture and vehicles | 24 | €517 | €0 | -€517 | -100.0% |
| Financial fixed assets | 28 | €11,876 | €26 | -€11,850 | -99.8% |
| Current assets | 29/58 | €112,635 | €163,140 | +€50,506 | +44.8% |
| Amounts receivable within one year | 40/41 | €30,090 | €27,141 | -€2,949 | -9.8% |
| Trade receivables | 40 | €30,090 | €26,088 | -€4,002 | -13.3% |
| Other amounts receivable | 41 | - | €1,053 | +€1,053 | |
| Cash at bank and in hand | 54/58 | €80,497 | €134,413 | +€53,916 | +67.0% |
| Deferred charges and accrued income | 490/1 | €2,048 | €1,586 | -€462 | -22.6% |
| Total equity and liabilities | 10/49 | €125,027 | €163,166 | +€38,139 | +30.5% |
| Equity | 10/15 | €102,754 | €131,028 | +€28,274 | +27.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,554 | €124,828 | +€28,274 | +29.3% |
| Distributable reserves | 133 | €96,554 | €124,828 | +€28,274 | +29.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,273 | €32,138 | +€9,865 | +44.3% |
| Amounts payable within one year | 42/48 | €21,888 | €31,523 | +€9,635 | +44.0% |
| Trade debts | 44 | €1,623 | €2,057 | +€434 | +26.7% |
| Suppliers | 440/4 | €1,623 | €2,057 | +€434 | +26.7% |
| Taxes, remuneration and social security | 45 | €5,131 | €2,258 | -€2,873 | -56.0% |
| Taxes | 450/3 | €5,131 | €2,258 | -€2,873 | -56.0% |
| Other amounts payable | 47/48 | €15,134 | €27,209 | +€12,075 | +79.8% |
| Accrued charges and deferred income | 492/3 | €384 | €615 | +€230 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €526 | €517 | -€9 | -1.7% |
| Other operating charges | 640/8 | €849 | €958 | +€109 | +12.9% |
| Gross operating margin | 9900 | €67,333 | €66,383 | -€950 | -1.4% |
| Operating profit (loss) | 9901 | €65,959 | €64,909 | -€1,050 | -1.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,233 | €7,492 | +€6,259 | +507.6% |
| Recurring financial charges | 65 | €1,233 | €1,475 | +€243 | +19.7% |
| Non-recurring financial charges | 66B | - | €6,017 | +€6,017 | |
| Profit (loss) for the period before taxes | 9903 | €64,726 | €57,417 | -€7,309 | -11.3% |
| Income taxes | 67/77 | €14,955 | €12,258 | -€2,697 | -18.0% |
| Profit (loss) for the period | 9904 | €49,771 | €45,159 | -€4,613 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,771 | €45,159 | -€4,613 | -9.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.