VIRTUAL-IT: 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.
VIRTUAL-IT
Largest movements
- Cash +€65,982
up €65,982 (+71.8%), from €91,909 to €157,891
mainly Net result for the year (+€63,100) and Depreciation (+€17,067)
- Tangible fixed assets -€16,456
down €16,456 (-59.0%), from €27,914 to €11,458
of which Furniture and vehicles: -€11,005
- Receivables within one year +€5,702
up €5,702 (+15.3%), from €37,389 to €43,091
of which Other amounts receivable: +€8,334
- Reserves +€62,267
up €62,267 (+17.7%), from €351,601 to €413,868
- Gross operating margin -€78,574
down €78,574 (-43.9%), from €178,902 to €100,328
- Taxes -€18,863
down €18,863 (-41.0%), from €45,993 to €27,130
- Financial income +€8,919
up €8,919 (+645.0%), from €1,383 to €10,302
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 | €408,187 | €462,655 | +€54,468 | +13.3% |
| Fixed assets | 21/28 | €27,914 | €11,458 | -€16,456 | -59.0% |
| Tangible fixed assets | 22/27 | €27,914 | €11,458 | -€16,456 | -59.0% |
| Plant, machinery and equipment | 23 | €9,561 | €5,296 | -€4,265 | -44.6% |
| Furniture and vehicles | 24 | €15,834 | €4,829 | -€11,005 | -69.5% |
| Other tangible fixed assets | 26 | €2,519 | €1,333 | -€1,186 | -47.1% |
| Current assets | 29/58 | €380,273 | €451,197 | +€70,924 | +18.7% |
| Amounts receivable within one year | 40/41 | €37,389 | €43,091 | +€5,702 | +15.3% |
| Trade receivables | 40 | €37,389 | €34,757 | -€2,632 | -7.0% |
| Other amounts receivable | 41 | - | €8,334 | +€8,334 | |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,909 | €157,891 | +€65,982 | +71.8% |
| Deferred charges and accrued income | 490/1 | €975 | €215 | -€760 | -78.0% |
| Total equity and liabilities | 10/49 | €408,187 | €462,655 | +€54,468 | +13.3% |
| Equity | 10/15 | €364,001 | €426,268 | +€62,267 | +17.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €351,601 | €413,868 | +€62,267 | +17.7% |
| Distributable reserves | 133 | €351,601 | €413,868 | +€62,267 | +17.7% |
| Amounts payable | 17/49 | €44,185 | €36,387 | -€7,798 | -17.6% |
| Amounts payable within one year | 42/48 | €43,410 | €35,502 | -€7,908 | -18.2% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Credit institutions | 430/8 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €4,516 | €1,023 | -€3,493 | -77.4% |
| Suppliers | 440/4 | €4,516 | €1,023 | -€3,493 | -77.4% |
| Taxes, remuneration and social security | 45 | €31,949 | €28,646 | -€3,303 | -10.3% |
| Taxes | 450/3 | €29,339 | €26,036 | -€3,303 | -11.3% |
| Remuneration and social security | 454/9 | €2,610 | €2,610 | = | 0.0% |
| Other amounts payable | 47/48 | €1,945 | €833 | -€1,112 | -57.2% |
| Accrued charges and deferred income | 492/3 | €775 | €885 | +€110 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,931 | €17,067 | -€864 | -4.8% |
| Other operating charges | 640/8 | €2,547 | €2,626 | +€79 | +3.1% |
| Gross operating margin | 9900 | €178,902 | €100,328 | -€78,574 | -43.9% |
| Operating profit (loss) | 9901 | €158,424 | €80,635 | -€77,789 | -49.1% |
| Financial income | 75/76B | €1,383 | €10,302 | +€8,919 | +645.0% |
| Recurring financial income | 75 | €1,383 | €10,302 | +€8,919 | +645.0% |
| Financial charges | 65/66B | €643 | €706 | +€64 | +9.9% |
| Recurring financial charges | 65 | €643 | €706 | +€64 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €159,164 | €90,230 | -€68,934 | -43.3% |
| Income taxes | 67/77 | €45,993 | €27,130 | -€18,863 | -41.0% |
| Profit (loss) for the period | 9904 | €113,171 | €63,100 | -€50,071 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,171 | €63,100 | -€50,071 | -44.2% |
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 12 October 2026 via checked.be.