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Virtual IT: 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.

What changed

Virtual IT

BE 0842.350.176
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 31-12-2024 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€9,860
31-12-2024 · -€4,844+€14,704
Equity
€158,762
31-12-2024 · €148,902+€9,860
Cash
€97,033
31-12-2024 · €125,639-€28,606
Balance sheet total
€255,857
31-12-2024 · €194,056+€61,801

Largest movements

31-12-2024 to 31-12-2025
Assets
  • Tangible fixed assets +€83,835

    up €83,835 (+197.3%), from €42,497 to €126,333

    of which Furniture and vehicles: +€81,869

  • Cash -€28,606

    down €28,606 (-22.8%), from €125,639 to €97,033

    mainly Investment in fixed assets (net) (-€106,038) and Receivables within one year (-€8,401)

  • Receivables within one year +€8,401

    up €8,401 (+35.0%), from €24,020 to €32,421

    of which Other amounts receivable: +€5,000

Equity and liabilities
  • Debts after one year +€40,945

    new in 2025: €40,945

  • Current portion of long-term debt +€12,806

    new in 2025: €12,806

  • Other debts +€7,459

    up €7,459 (+32.8%), from €22,772 to €30,231

  • Trade debts -€6,679

    down €6,679 (-93.8%), from €7,117 to €438

  • Reserves +€5,016

    up €5,016 (+3.4%), from €147,546 to €152,562

    of which Distributable reserves: +€5,016

Income statement
  • Gross operating margin +€28,991

    up €28,991 (+322.3%), from €8,996 to €37,987

  • Depreciation +€10,740

    up €10,740 (+92.2%), from €11,652 to €22,392

  • Financial charges +€2,087

    up €2,087 (+895.6%), from €233 to €2,320

  • Taxes +€1,972

    up €1,972 (+250.1%), from €788 to €2,760

  • Other operating charges -€626

    down €626 (-48.9%), from €1,280 to €654

From the 31-12-2024 result to the 31-12-2025 result

effect on the 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.

Result 31-12-2024 -€4,844
Gross operating margin +€28,991
Depreciation -€10,740
Other operating charges +€626
Financial income -€115
Financial charges -€2,087
Taxes -€1,972
Result 31-12-2025 €9,860

Cash bridge derived

cash 31-12-2024 to 31-12-2025

Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€23,681
Investment -€106,038
Financing +€53,751
Cash 31-12-2024 €125,639
Net result for the year +€9,860
Depreciation +€22,392
Receivables within one year -€8,401
Deferred charges and accrued income +€1,639
Trade debts -€6,679
Tax, wage and social debts -€2,590
Other debts +€7,459
Investment in fixed assets (net) -€106,038
Debts after one year +€40,945
Current portion of long-term debt +€12,806
Cash 31-12-2025 €97,033
Every line side by side 45 lines
Line Code 31-12-2024 31-12-2025 Change %
Total assets 20/58 €194,056 €255,857 +€61,801 +31.8%
Fixed assets 21/28 €42,757 €126,403 +€83,645 +195.6%
Tangible fixed assets 22/27 €42,497 €126,333 +€83,835 +197.3%
Land and buildings 22 €40,205 €36,785 -€3,420 -8.5%
Plant, machinery and equipment 23 €0 €5,386 +€5,386
Furniture and vehicles 24 €2,292 €84,161 +€81,869 +3571.6%
Financial fixed assets 28 €260 €70 -€190 -73.1%
Current assets 29/58 €151,298 €129,454 -€21,844 -14.4%
Amounts receivable within one year 40/41 €24,020 €32,421 +€8,401 +35.0%
Trade receivables 40 €24,020 €27,421 +€3,401 +14.2%
Other amounts receivable 41 - €5,000 +€5,000
Cash at bank and in hand 54/58 €125,639 €97,033 -€28,606 -22.8%
Deferred charges and accrued income 490/1 €1,639 €0 -€1,639 -100.0%
Total equity and liabilities 10/49 €194,056 €255,857 +€61,801 +31.8%
Equity 10/15 €148,902 €158,762 +€9,860 +6.6%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €147,546 €152,562 +€5,016 +3.4%
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 €145,686 €150,702 +€5,016 +3.4%
Profit (loss) carried forward 14 -€4,844 €0 +€4,844
Amounts payable 17/49 €45,154 €97,095 +€51,941 +115.0%
Amounts payable after more than one year 17 - €40,945 +€40,945
Financial debts 170/4 - €40,945 +€40,945
Amounts payable within one year 42/48 €45,154 €56,150 +€10,996 +24.4%
Current portion of amounts payable after more than one year 42 - €12,806 +€12,806
Trade debts 44 €7,117 €438 -€6,679 -93.8%
Suppliers 440/4 €7,117 €438 -€6,679 -93.8%
Taxes, remuneration and social security 45 €15,265 €12,675 -€2,590 -17.0%
Taxes 450/3 €15,265 €12,675 -€2,590 -17.0%
Other amounts payable 47/48 €22,772 €30,231 +€7,459 +32.8%
Accrued charges and deferred income 492/3 €0 - =
Non-recurring operating income 76A - €26,905 +€26,905
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,652 €22,392 +€10,740 +92.2%
Other operating charges 640/8 €1,280 €654 -€626 -48.9%
Gross operating margin 9900 €8,996 €37,987 +€28,991 +322.3%
Operating profit (loss) 9901 -€3,937 €14,941 +€18,878
Financial income 75/76B €115 €0 -€115 -100.0%
Recurring financial income 75 €115 €0 -€115 -100.0%
Financial charges 65/66B €233 €2,320 +€2,087 +895.6%
Recurring financial charges 65 €233 €2,320 +€2,087 +895.6%
Profit (loss) for the period before taxes 9903 -€4,055 €12,620 +€16,675
Income taxes 67/77 €788 €2,760 +€1,972 +250.1%
Profit (loss) for the period 9904 -€4,844 €9,860 +€14,704
Profit (loss) for the period to be appropriated 9905 -€4,844 €9,860 +€14,704

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 30 September 2026 via checked.be.