VIRTIMMO: 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.
VIRTIMMO
Largest movements
- Receivables within one year +€28,395
up €28,395 (+43.8%), from €64,820 to €93,215
of which Trade receivables: +€45,723
- Tangible fixed assets -€23,969
down €23,969 (-30.2%), from €79,304 to €55,335
of which Furniture and vehicles: -€21,515
- Cash +€4,670
up €4,670 (+3.3%), from €141,444 to €146,113
mainly Depreciation (+€29,462) and Tax, wage and social debts (+€9,989)
- Tax, wage and social debts +€9,989
up €9,989 (+26.6%), from €37,484 to €47,473
of which Taxes: +€14,697
- Debts after one year -€6,809
down €6,809 (-65.9%), from €10,325 to €3,516
- Profit (loss) carried forward +€4,218
up €4,218 (+17.7%), from -€23,781 to -€19,563
- Gross operating margin +€33,724
up €33,724 (+22.8%), from €147,893 to €181,617
- Staff costs +€25,324
up €25,324 (+21.5%), from €117,612 to €142,936
- Depreciation +€2,772
up €2,772 (+10.4%), from €26,690 to €29,462
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 | €292,804 | €299,365 | +€6,561 | +2.2% |
| Fixed assets | 21/28 | €82,004 | €55,335 | -€26,669 | -32.5% |
| Tangible fixed assets | 22/27 | €79,304 | €55,335 | -€23,969 | -30.2% |
| Plant, machinery and equipment | 23 | €4,910 | €2,456 | -€2,454 | -50.0% |
| Furniture and vehicles | 24 | €74,394 | €52,880 | -€21,515 | -28.9% |
| Financial fixed assets | 28 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €210,800 | €244,030 | +€33,230 | +15.8% |
| Amounts receivable within one year | 40/41 | €64,820 | €93,215 | +€28,395 | +43.8% |
| Trade receivables | 40 | €41,477 | €87,200 | +€45,723 | +110% |
| Other amounts receivable | 41 | €23,343 | €6,015 | -€17,329 | -74.2% |
| Cash at bank and in hand | 54/58 | €141,444 | €146,113 | +€4,670 | +3.3% |
| Deferred charges and accrued income | 490/1 | €4,536 | €4,702 | +€166 | +3.7% |
| Total equity and liabilities | 10/49 | €292,804 | €299,365 | +€6,561 | +2.2% |
| Equity | 10/15 | €213,679 | €217,897 | +€4,218 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €225,060 | €225,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,200 | €223,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,781 | -€19,563 | +€4,218 | +17.7% |
| Amounts payable | 17/49 | €79,125 | €81,468 | +€2,344 | +3.0% |
| Amounts payable after more than one year | 17 | €10,325 | €3,516 | -€6,809 | -65.9% |
| Financial debts | 170/4 | €10,325 | €3,516 | -€6,809 | -65.9% |
| Amounts payable within one year | 42/48 | €66,036 | €75,577 | +€9,541 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €6,520 | €6,809 | +€288 | +4.4% |
| Trade debts | 44 | €10,163 | €7,725 | -€2,437 | -24.0% |
| Suppliers | 440/4 | €10,163 | €7,725 | -€2,437 | -24.0% |
| Taxes, remuneration and social security | 45 | €37,484 | €47,473 | +€9,989 | +26.6% |
| Taxes | 450/3 | €14,827 | €29,524 | +€14,697 | +99.1% |
| Remuneration and social security | 454/9 | €22,657 | €17,949 | -€4,708 | -20.8% |
| Other amounts payable | 47/48 | €11,869 | €13,570 | +€1,701 | +14.3% |
| Accrued charges and deferred income | 492/3 | €2,763 | €2,375 | -€389 | -14.1% |
| Non-recurring operating income | 76A | €8,250 | - | -€8,250 | |
| Remuneration, social security and pensions | 62 | €117,612 | €142,936 | +€25,324 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,690 | €29,462 | +€2,772 | +10.4% |
| Other operating charges | 640/8 | €3,162 | €2,216 | -€946 | -29.9% |
| Gross operating margin | 9900 | €147,893 | €181,617 | +€33,724 | +22.8% |
| Operating profit (loss) | 9901 | €429 | €7,003 | +€6,574 | +1,534% |
| Financial income | 75/76B | €809 | €17 | -€792 | -97.9% |
| Recurring financial income | 75 | €809 | €17 | -€792 | -97.9% |
| Financial charges | 65/66B | €1,652 | €817 | -€835 | -50.5% |
| Recurring financial charges | 65 | €1,652 | €817 | -€835 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | -€415 | €6,203 | +€6,618 | |
| Income taxes | 67/77 | €657 | €1,985 | +€1,329 | +202% |
| Profit (loss) for the period | 9904 | -€1,071 | €4,218 | +€5,289 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,071 | €4,218 | +€5,289 |
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 15 October 2026 via checked.be.