VR-SERVICE: 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-SERVICE
Largest movements
- Receivables within one year +€357,005
up €357,005 (+4,190%), from €8,521 to €365,526
of which Trade receivables: +€364,455
- Stocks and contracts -€176,300
down €176,300 (-100%), from €176,300 to €0
- Tangible fixed assets +€36,772
up €36,772 (+817%), from €4,500 to €41,272
- Other debts +€226,702
up €226,702 (+153%), from €147,885 to €374,587
- Profit (loss) carried forward -€25,749
down €25,749 (-115%), from -€22,324 to -€48,073
- Tax, wage and social debts +€18,244
up €18,244, from €0 to €18,244
- Gross operating margin -€15,107
down €15,107, from €7,672 to -€7,435
- Depreciation +€8,728
up €8,728 (+194%), from €4,500 to €13,228
- Financial charges +€2,296
up €2,296 (+78.0%), from €2,944 to €5,240
- Other operating charges -€377
down €377 (-38.2%), from €987 to €610
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 | €190,917 | €407,738 | +€216,821 | +114% |
| Fixed assets | 21/28 | €4,500 | €41,272 | +€36,772 | +817% |
| Tangible fixed assets | 22/27 | €4,500 | €41,272 | +€36,772 | +817% |
| Plant, machinery and equipment | 23 | €4,500 | €41,272 | +€36,772 | +817% |
| Current assets | 29/58 | €186,417 | €366,466 | +€180,049 | +96.6% |
| Stocks and contracts in progress | 3 | €176,300 | €0 | -€176,300 | -100% |
| Stocks | 30/36 | €176,300 | €0 | -€176,300 | -100% |
| Amounts receivable within one year | 40/41 | €8,521 | €365,526 | +€357,005 | +4,190% |
| Trade receivables | 40 | €1,071 | €365,526 | +€364,455 | +34,015% |
| Other amounts receivable | 41 | €7,450 | €0 | -€7,450 | -100% |
| Cash at bank and in hand | 54/58 | €1,596 | €719 | -€877 | -54.9% |
| Deferred charges and accrued income | 490/1 | - | €221 | +€221 | |
| Total equity and liabilities | 10/49 | €190,917 | €407,738 | +€216,821 | +114% |
| Equity | 10/15 | €39,676 | €13,927 | -€25,749 | -64.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,324 | -€48,073 | -€25,749 | -115% |
| Amounts payable | 17/49 | €151,241 | €393,810 | +€242,569 | +160% |
| Amounts payable within one year | 42/48 | €149,716 | €393,810 | +€244,094 | +163% |
| Trade debts | 44 | €1,831 | €979 | -€852 | -46.5% |
| Suppliers | 440/4 | €1,831 | €979 | -€852 | -46.5% |
| Taxes, remuneration and social security | 45 | €0 | €18,244 | +€18,244 | |
| Taxes | 450/3 | €0 | €18,244 | +€18,244 | |
| Other amounts payable | 47/48 | €147,885 | €374,587 | +€226,702 | +153% |
| Accrued charges and deferred income | 492/3 | €1,525 | €0 | -€1,525 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,500 | €13,228 | +€8,728 | +194% |
| Other operating charges | 640/8 | €987 | €610 | -€377 | -38.2% |
| Gross operating margin | 9900 | €7,672 | -€7,435 | -€15,107 | |
| Operating profit (loss) | 9901 | €2,186 | -€21,273 | -€23,458 | |
| Financial income | 75/76B | €787 | €764 | -€24 | -3.0% |
| Recurring financial income | 75 | €787 | €764 | -€24 | -3.0% |
| Financial charges | 65/66B | €2,944 | €5,240 | +€2,296 | +78.0% |
| Recurring financial charges | 65 | €2,944 | €5,240 | +€2,296 | +78.0% |
| Profit (loss) for the period before taxes | 9903 | €29 | -€25,749 | -€25,778 | |
| Profit (loss) for the period | 9904 | €29 | -€25,749 | -€25,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €29 | -€25,749 | -€25,778 |
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 20 October 2026 via checked.be.