VIRTUS CONSULTING: 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.
VIRTUS CONSULTING
Largest movements
- Cash +€147,895
up €147,895 (+262.0%), from €56,446 to €204,341
mainly Net result for the year (+€139,261) and Depreciation (+€10,523)
- Tangible fixed assets +€10,591
up €10,591 (+3.2%), from €328,357 to €338,948
of which Land and buildings: +€11,550
- Reserves +€139,262
up €139,262 (+35.5%), from €392,713 to €531,975
of which Distributable reserves: +€139,262
- Trade debts +€7,988
up €7,988 (+219.2%), from €3,644 to €11,632
- Tax, wage and social debts +€6,702
up €6,702 (+82.5%), from €8,121 to €14,823
- Financial income -€198,038
down €198,038 (-100.0%), from €198,043 to €5
- Turnover -€178,593
no longer reported in 2025 (was €178,593)
- Purchases and services -€109,832
no longer reported in 2025 (was €109,832)
- Gross operating margin +€107,990
up €107,990 (+151.4%), from €71,343 to €179,333
- Write-downs -€35,032
no longer reported in 2025 (was €35,032)
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 | €437,948 | €591,900 | +€153,952 | +35.2% |
| Fixed assets | 21/28 | €332,663 | €341,970 | +€9,307 | +2.8% |
| Tangible fixed assets | 22/27 | €328,357 | €338,948 | +€10,591 | +3.2% |
| Land and buildings | 22 | €324,149 | €335,699 | +€11,550 | +3.6% |
| Plant, machinery and equipment | 23 | €1,653 | €1,242 | -€411 | -24.9% |
| Furniture and vehicles | 24 | €2,555 | €2,007 | -€548 | -21.4% |
| Financial fixed assets | 28 | €4,306 | €3,022 | -€1,284 | -29.8% |
| Current assets | 29/58 | €105,285 | €249,930 | +€144,645 | +137.4% |
| Amounts receivable within one year | 40/41 | €47,825 | €44,329 | -€3,496 | -7.3% |
| Trade receivables | 40 | €47,825 | €44,329 | -€3,496 | -7.3% |
| Cash at bank and in hand | 54/58 | €56,446 | €204,341 | +€147,895 | +262.0% |
| Deferred charges and accrued income | 490/1 | €1,014 | €1,260 | +€246 | +24.3% |
| Total equity and liabilities | 10/49 | €437,948 | €591,900 | +€153,952 | +35.2% |
| Equity | 10/15 | €405,113 | €544,375 | +€139,262 | +34.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €392,713 | €531,975 | +€139,262 | +35.5% |
| 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 | €390,853 | €530,115 | +€139,262 | +35.6% |
| Provisions and deferred taxes | 16 | €21,070 | €21,070 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €21,070 | €21,070 | = | 0.0% |
| Pensions and similar obligations | 160 | €21,070 | €21,070 | = | 0.0% |
| Amounts payable | 17/49 | €11,765 | €26,455 | +€14,690 | +124.9% |
| Amounts payable within one year | 42/48 | €11,765 | €26,455 | +€14,690 | +124.9% |
| Trade debts | 44 | €3,644 | €11,632 | +€7,988 | +219.2% |
| Suppliers | 440/4 | €3,644 | €11,632 | +€7,988 | +219.2% |
| Taxes, remuneration and social security | 45 | €8,121 | €14,823 | +€6,702 | +82.5% |
| Taxes | 450/3 | €8,121 | €14,823 | +€6,702 | +82.5% |
| Turnover | 70 | €178,593 | - | -€178,593 | |
| Non-recurring operating income | 76A | - | €98,715 | +€98,715 | |
| Goods, raw materials, services and sundry goods | 60/61 | €109,832 | - | -€109,832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,620 | €10,523 | +€6,903 | +190.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €35,032 | - | -€35,032 | |
| Other operating charges | 640/8 | €1,260 | €2,256 | +€996 | +79.0% |
| Non-recurring operating charges | 66A | €30,001 | - | -€30,001 | |
| Gross operating margin | 9900 | €71,343 | €179,333 | +€107,990 | +151.4% |
| Operating profit (loss) | 9901 | €1,430 | €166,554 | +€165,124 | +11547.1% |
| Financial income | 75/76B | €198,043 | €5 | -€198,038 | -100.0% |
| Recurring financial income | 75 | €198,043 | €5 | -€198,038 | -100.0% |
| Financial charges | 65/66B | €3,918 | €1,998 | -€1,920 | -49.0% |
| Recurring financial charges | 65 | €3,918 | €563 | -€3,355 | -85.6% |
| Non-recurring financial charges | 66B | - | €1,435 | +€1,435 | |
| Profit (loss) for the period before taxes | 9903 | €195,555 | €164,561 | -€30,994 | -15.8% |
| Income taxes | 67/77 | €17,861 | €25,300 | +€7,439 | +41.6% |
| Profit (loss) for the period | 9904 | €177,694 | €139,261 | -€38,433 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €177,694 | €139,261 | -€38,433 | -21.6% |
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 5 October 2026 via checked.be.