VIRTUAR: 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.
VIRTUAR
Largest movements
- Cash -€17,335
down €17,335 (-39.1%), from €44,292 to €26,957
mainly Contributions, distributions and other (-€20,700) and Tax, wage and social debts (-€4,173)
- Profit (loss) carried forward -€16,165
down €16,165 (-51.5%), from -€31,394 to -€47,559
- Tax, wage and social debts -€4,173
down €4,173 (-100.0%), from €4,173 to €0
- Other debts +€2,765
up €2,765 (+141.6%), from €1,953 to €4,718
- Gross operating margin +€6,349
up €6,349, from -€5,844 to €505
- Taxes -€4,173
down €4,173, from €0 to -€4,173
- Financial charges -€88
down €88 (-78.3%), from €113 to €24
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 | €47,025 | €29,468 | -€17,557 | -37.3% |
| Current assets | 29/58 | €47,025 | €29,468 | -€17,557 | -37.3% |
| Amounts receivable within one year | 40/41 | €2,733 | €2,511 | -€222 | -8.1% |
| Trade receivables | 40 | €482 | €482 | = | 0.0% |
| Other amounts receivable | 41 | €2,251 | €2,029 | -€222 | -9.9% |
| Cash at bank and in hand | 54/58 | €44,292 | €26,957 | -€17,335 | -39.1% |
| Total equity and liabilities | 10/49 | €47,025 | €29,468 | -€17,557 | -37.3% |
| Equity | 10/15 | €40,448 | €24,283 | -€16,165 | -40.0% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €53,842 | €53,842 | = | 0.0% |
| Distributable reserves | 133 | €53,842 | €53,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,394 | -€47,559 | -€16,165 | -51.5% |
| Amounts payable | 17/49 | €6,578 | €5,186 | -€1,392 | -21.2% |
| Amounts payable within one year | 42/48 | €6,523 | €5,157 | -€1,366 | -20.9% |
| Trade debts | 44 | €398 | €440 | +€42 | +10.6% |
| Suppliers | 440/4 | €398 | €440 | +€42 | +10.6% |
| Taxes, remuneration and social security | 45 | €4,173 | €0 | -€4,173 | -100.0% |
| Taxes | 450/3 | €4,173 | €0 | -€4,173 | -100.0% |
| Other amounts payable | 47/48 | €1,953 | €4,718 | +€2,765 | +141.6% |
| Accrued charges and deferred income | 492/3 | €54 | €28 | -€26 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €177 | €120 | -€57 | -32.2% |
| Gross operating margin | 9900 | -€5,844 | €505 | +€6,349 | |
| Operating profit (loss) | 9901 | -€6,022 | €385 | +€6,406 | |
| Financial income | 75/76B | €40 | €2 | -€38 | -96.0% |
| Recurring financial income | 75 | €40 | €2 | -€38 | -96.0% |
| Financial charges | 65/66B | €113 | €24 | -€88 | -78.3% |
| Recurring financial charges | 65 | €113 | €24 | -€88 | -78.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,094 | €362 | +€6,456 | |
| Income taxes | 67/77 | €0 | -€4,173 | -€4,173 | |
| Profit (loss) for the period | 9904 | -€6,094 | €4,535 | +€10,629 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,094 | €4,535 | +€10,629 |
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 9 October 2026 via checked.be.