VIRTUAL REALIZATIONS: what changed
VIRTUAL REALIZATIONS
Largest movements
- Cash -€5,442
down €5,442 (-38.4%), from €14,179 to €8,738
mainly Other debts (-€12,005) and Investment in fixed assets (net) (-€2,920)
- Receivables within one year -€1,137
down €1,137 (-80.2%), from €1,418 to €281
of which Trade receivables: -€1,084
- Tangible fixed assets -€690
down €690 (-2.2%), from €31,152 to €30,462
of which Plant, machinery and equipment: -€689
- Other debts -€12,005
down €12,005 (-35.4%), from €33,937 to €21,932
- Reserves +€3,779
up €3,779 (+42.4%), from €8,920 to €12,700
- Tax, wage and social debts +€614
new in 2025: €614
- Gross operating margin +€12,011
up €12,011 (+12,347%), from €97 to €12,108
- Financial charges +€3,593
up €3,593 (+3,761%), from €96 to €3,688
- Taxes +€569
up €569 (+5,690,100%), from €0 to €569
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,749 | €39,481 | -€7,269 | -15.5% |
| Fixed assets | 21/28 | €31,152 | €30,462 | -€690 | -2.2% |
| Tangible fixed assets | 22/27 | €31,152 | €30,462 | -€690 | -2.2% |
| Land and buildings | 22 | €28,957 | €29,240 | +€283 | +1.0% |
| Plant, machinery and equipment | 23 | €1,641 | €952 | -€689 | -42.0% |
| Furniture and vehicles | 24 | €555 | €270 | -€284 | -51.2% |
| Current assets | 29/58 | €15,597 | €9,019 | -€6,578 | -42.2% |
| Amounts receivable within one year | 40/41 | €1,418 | €281 | -€1,137 | -80.2% |
| Trade receivables | 40 | €1,201 | €117 | -€1,084 | -90.2% |
| Other amounts receivable | 41 | €217 | €164 | -€53 | -24.3% |
| Cash at bank and in hand | 54/58 | €14,179 | €8,738 | -€5,442 | -38.4% |
| Total equity and liabilities | 10/49 | €46,749 | €39,481 | -€7,269 | -15.5% |
| Equity | 10/15 | €11,603 | €15,700 | +€4,096 | +35.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,920 | €12,700 | +€3,779 | +42.4% |
| Distributable reserves | 133 | €8,920 | €12,700 | +€3,779 | +42.4% |
| Profit (loss) carried forward | 14 | -€317 | - | +€317 | |
| Amounts payable | 17/49 | €35,146 | €23,781 | -€11,365 | -32.3% |
| Amounts payable within one year | 42/48 | €35,146 | €23,781 | -€11,365 | -32.3% |
| Trade debts | 44 | €1,209 | €1,235 | +€26 | +2.2% |
| Suppliers | 440/4 | €1,209 | €1,235 | +€26 | +2.2% |
| Taxes, remuneration and social security | 45 | - | €614 | +€614 | |
| Taxes | 450/3 | - | €614 | +€614 | |
| Other amounts payable | 47/48 | €33,937 | €21,932 | -€12,005 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,534 | €3,610 | +€76 | +2.2% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €97 | €12,108 | +€12,011 | +12,347% |
| Operating profit (loss) | 9901 | -€3,578 | €8,354 | +€11,931 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €96 | €3,688 | +€3,593 | +3,761% |
| Recurring financial charges | 65 | €96 | €3,688 | +€3,593 | +3,761% |
| Profit (loss) for the period before taxes | 9903 | -€3,672 | €4,665 | +€8,338 | |
| Income taxes | 67/77 | €0 | €569 | +€569 | +5,690,100% |
| Profit (loss) for the period | 9904 | -€3,672 | €4,096 | +€7,769 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,672 | €4,096 | +€7,769 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.