VR MEDIA: 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.
VR MEDIA
Largest movements
- Receivables within one year +€15,853
up €15,853 (+1,634%), from €970 to €16,823
of which Trade receivables: +€16,823
- Cash -€6,684
down €6,684 (-94.7%), from €7,057 to €373
mainly Receivables within one year (-€15,853) and Tax, wage and social debts (-€1,127)
- Other debts +€9,799
up €9,799 (+179%), from €5,465 to €15,263
- Tax, wage and social debts -€1,127
down €1,127 (-62.4%), from €1,806 to €678
- Profit (loss) carried forward +€497
up €497 (+2.8%), from -€17,508 to -€17,012
- Trade debts +€356
new in 2025: €356
- Short-term financial debts -€355
no longer reported in 2025 (was €355)
- Gross operating margin +€599
up €599 (+438%), from €137 to €736
- Depreciation -€136
no longer reported in 2025 (was €136)
- Financial charges +€18
up €18 (+50.8%), from €36 to €54
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 | €10,577 | €19,746 | +€9,169 | +86.7% |
| Fixed assets | 21/28 | €2,550 | €2,550 | = | 0.0% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €8,027 | €17,196 | +€9,169 | +114% |
| Amounts receivable within one year | 40/41 | €970 | €16,823 | +€15,853 | +1,634% |
| Trade receivables | 40 | - | €16,823 | +€16,823 | |
| Other amounts receivable | 41 | €970 | - | -€970 | |
| Cash at bank and in hand | 54/58 | €7,057 | €373 | -€6,684 | -94.7% |
| Total equity and liabilities | 10/49 | €10,577 | €19,746 | +€9,169 | +86.7% |
| Equity | 10/15 | €2,952 | €3,448 | +€497 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,508 | -€17,012 | +€497 | +2.8% |
| Amounts payable | 17/49 | €7,625 | €16,297 | +€8,672 | +114% |
| Amounts payable within one year | 42/48 | €7,625 | €16,297 | +€8,672 | +114% |
| Financial debts | 43 | €355 | - | -€355 | |
| Credit institutions | 430/8 | €355 | - | -€355 | |
| Trade debts | 44 | - | €356 | +€356 | |
| Suppliers | 440/4 | - | €356 | +€356 | |
| Taxes, remuneration and social security | 45 | €1,806 | €678 | -€1,127 | -62.4% |
| Taxes | 450/3 | €1,806 | €678 | -€1,127 | -62.4% |
| Other amounts payable | 47/48 | €5,465 | €15,263 | +€9,799 | +179% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | - | -€136 | |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | €137 | €736 | +€599 | +438% |
| Operating profit (loss) | 9901 | -€181 | €551 | +€732 | |
| Financial charges | 65/66B | €36 | €54 | +€18 | +50.8% |
| Recurring financial charges | 65 | €36 | €54 | +€18 | +50.8% |
| Profit (loss) for the period before taxes | 9903 | -€217 | €497 | +€714 | |
| Profit (loss) for the period | 9904 | -€217 | €497 | +€714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€217 | €497 | +€714 |
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 25 October 2026 via checked.be.