Virviso: 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.
Virviso
Largest movements
- Tangible fixed assets +€261,072
up €261,072 (+48.1%), from €542,325 to €803,396
of which Land and buildings: +€275,864
- Cash -€12,853
down €12,853 (-26.5%), from €48,472 to €35,618
mainly Investment in fixed assets (net) (-€295,537) and Tax, wage and social debts (-€36,770)
- Debts after one year +€168,376
up €168,376 (+58.1%), from €289,737 to €458,113
of which Financial debts: +€168,376
- Other debts +€122,768
up €122,768 (+100.5%), from €122,135 to €244,902
- Tax, wage and social debts -€36,770
down €36,770 (-81.9%), from €44,886 to €8,116
of which Taxes: -€36,093
- Trade debts -€22,044
down €22,044 (-62.3%), from €35,386 to €13,343
- Current portion of long-term debt +€20,736
up €20,736 (+49.7%), from €41,738 to €62,474
- Gross operating margin +€38,791
up €38,791 (+507.3%), from €7,646 to €46,437
- Other operating charges +€5,380
up €5,380 (+457.9%), from €1,175 to €6,554
- Financial charges +€3,487
up €3,487 (+37.3%), from €9,342 to €12,828
- Depreciation +€2,500
up €2,500 (+7.7%), from €32,490 to €34,990
- Financial income +€2,119
up €2,119 (+196.6%), from €1,078 to €3,198
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 | €725,127 | €969,725 | +€244,599 | +33.7% |
| Fixed assets | 21/28 | €543,113 | €803,660 | +€260,547 | +48.0% |
| Intangible fixed assets | 21 | €789 | €264 | -€525 | -66.6% |
| Tangible fixed assets | 22/27 | €542,325 | €803,396 | +€261,072 | +48.1% |
| Land and buildings | 22 | €492,830 | €768,694 | +€275,864 | +56.0% |
| Other tangible fixed assets | 26 | €49,494 | €34,702 | -€14,792 | -29.9% |
| Current assets | 29/58 | €182,013 | €166,065 | -€15,948 | -8.8% |
| Stocks and contracts in progress | 3 | €72,234 | €73,958 | +€1,725 | +2.4% |
| Stocks | 30/36 | €72,234 | €73,958 | +€1,725 | +2.4% |
| Amounts receivable within one year | 40/41 | €60,305 | €54,869 | -€5,436 | -9.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €60,305 | €54,869 | -€5,436 | -9.0% |
| Cash at bank and in hand | 54/58 | €48,472 | €35,618 | -€12,853 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,619 | +€616 | +61.4% |
| Total equity and liabilities | 10/49 | €725,127 | €969,725 | +€244,599 | +33.7% |
| Equity | 10/15 | €191,222 | €182,778 | -€8,444 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,449 | €210,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €210,449 | €210,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,827 | -€46,271 | -€8,444 | -22.3% |
| Amounts payable | 17/49 | €533,904 | €786,947 | +€253,043 | +47.4% |
| Amounts payable after more than one year | 17 | €289,737 | €458,113 | +€168,376 | +58.1% |
| Financial debts | 170/4 | €284,850 | €453,227 | +€168,376 | +59.1% |
| Other amounts payable | 178/9 | €4,886 | €4,886 | = | 0.0% |
| Amounts payable within one year | 42/48 | €244,145 | €328,834 | +€84,689 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | €41,738 | €62,474 | +€20,736 | +49.7% |
| Trade debts | 44 | €35,386 | €13,343 | -€22,044 | -62.3% |
| Suppliers | 440/4 | €35,386 | €13,343 | -€22,044 | -62.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €44,886 | €8,116 | -€36,770 | -81.9% |
| Taxes | 450/3 | €44,209 | €8,116 | -€36,093 | -81.6% |
| Remuneration and social security | 454/9 | €677 | €0 | -€677 | -100.0% |
| Other amounts payable | 47/48 | €122,135 | €244,902 | +€122,768 | +100.5% |
| Accrued charges and deferred income | 492/3 | €23 | €0 | -€23 | -100.0% |
| Non-recurring operating income | 76A | €0 | €8,305 | +€8,305 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,490 | €34,990 | +€2,500 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,779 | €3,706 | +€928 | +33.4% |
| Other operating charges | 640/8 | €1,175 | €6,554 | +€5,380 | +457.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €7,646 | €46,437 | +€38,791 | +507.3% |
| Operating profit (loss) | 9901 | -€28,797 | €1,187 | +€29,984 | |
| Financial income | 75/76B | €1,078 | €3,198 | +€2,119 | +196.6% |
| Recurring financial income | 75 | €1,078 | €3,198 | +€2,119 | +196.6% |
| Financial charges | 65/66B | €9,342 | €12,828 | +€3,487 | +37.3% |
| Recurring financial charges | 65 | €9,342 | €12,828 | +€3,487 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | -€37,061 | -€8,444 | +€28,616 | +77.2% |
| Income taxes | 67/77 | €766 | €0 | -€766 | -100.0% |
| Profit (loss) for the period | 9904 | -€37,827 | -€8,444 | +€29,382 | +77.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,827 | -€8,444 | +€29,382 | +77.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.