Vorias Digital: 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.
Vorias Digital
Largest movements
- Cash +€58,984
up €58,984 (+21.1%), from €279,526 to €338,510
mainly Net result for the year (+€80,701) and Other debts (+€75,061)
- Receivables within one year +€17,713
up €17,713 (+96.7%), from €18,311 to €36,023
of which Trade receivables: +€15,580
- Receivables after one year +€6,081
new in 2025: €6,081
- Other debts +€75,061
new in 2025: €75,061
- Trade debts +€14,956
up €14,956 (+921%), from €1,624 to €16,580
- Tax, wage and social debts -€10,300
down €10,300 (-20.9%), from €49,393 to €39,093
of which Taxes: -€12,341
- Gross operating margin -€103,918
down €103,918 (-47.3%), from €219,788 to €115,870
- Taxes -€27,981
down €27,981 (-57.2%), from €48,893 to €20,912
- Financial charges +€12,299
up €12,299 (+457%), from €2,689 to €14,989
- Financial income +€3,186
up €3,186 (+292,328%), from €1 to €3,187
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.
Derived cash bridge
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 | €301,675 | €382,105 | +€80,430 | +26.7% |
| Fixed assets | 21/28 | €3,839 | €1,491 | -€2,348 | -61.2% |
| Tangible fixed assets | 22/27 | €3,839 | €1,491 | -€2,348 | -61.2% |
| Plant, machinery and equipment | 23 | €2,783 | €1,067 | -€1,715 | -61.6% |
| Furniture and vehicles | 24 | €1,056 | €424 | -€633 | -59.9% |
| Current assets | 29/58 | €297,836 | €380,614 | +€82,778 | +27.8% |
| Amounts receivable after more than one year | 29 | - | €6,081 | +€6,081 | |
| Other amounts receivable | 291 | - | €6,081 | +€6,081 | |
| Amounts receivable within one year | 40/41 | €18,311 | €36,023 | +€17,713 | +96.7% |
| Trade receivables | 40 | - | €15,580 | +€15,580 | |
| Other amounts receivable | 41 | €18,311 | €20,444 | +€2,133 | +11.6% |
| Cash at bank and in hand | 54/58 | €279,526 | €338,510 | +€58,984 | +21.1% |
| Total equity and liabilities | 10/49 | €301,675 | €382,105 | +€80,430 | +26.7% |
| Equity | 10/15 | €250,658 | €250,658 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €249,658 | €249,658 | = | 0.0% |
| Amounts payable | 17/49 | €51,017 | €131,447 | +€80,430 | +158% |
| Amounts payable within one year | 42/48 | €51,017 | €131,447 | +€80,430 | +158% |
| Financial debts | 43 | - | €714 | +€714 | |
| Credit institutions | 430/8 | - | €714 | +€714 | |
| Trade debts | 44 | €1,624 | €16,580 | +€14,956 | +921% |
| Suppliers | 440/4 | €1,624 | €16,580 | +€14,956 | +921% |
| Taxes, remuneration and social security | 45 | €49,393 | €39,093 | -€10,300 | -20.9% |
| Taxes | 450/3 | €49,393 | €37,052 | -€12,341 | -25.0% |
| Remuneration and social security | 454/9 | - | €2,041 | +€2,041 | |
| Other amounts payable | 47/48 | - | €75,061 | +€75,061 | |
| Remuneration, social security and pensions | 62 | €2,110 | - | -€2,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,718 | €2,348 | +€630 | +36.7% |
| Other operating charges | 640/8 | - | €108 | +€108 | |
| Gross operating margin | 9900 | €219,788 | €115,870 | -€103,918 | -47.3% |
| Operating profit (loss) | 9901 | €215,960 | €113,414 | -€102,546 | -47.5% |
| Financial income | 75/76B | €1 | €3,187 | +€3,186 | +292,328% |
| Recurring financial income | 75 | €1 | €3,187 | +€3,186 | +292,328% |
| Financial charges | 65/66B | €2,689 | €14,989 | +€12,299 | +457% |
| Recurring financial charges | 65 | €2,689 | €14,989 | +€12,299 | +457% |
| Profit (loss) for the period before taxes | 9903 | €213,272 | €101,613 | -€111,659 | -52.4% |
| Income taxes | 67/77 | €48,893 | €20,912 | -€27,981 | -57.2% |
| Profit (loss) for the period | 9904 | €164,378 | €80,701 | -€83,678 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €164,378 | €80,701 | -€83,678 | -50.9% |
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 16 October 2026 via checked.be.