VR Services: 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 Services
Largest movements
- Cash +€8,809
up €8,809 (+1236.0%), from €713 to €9,522
mainly Net result for the year (+€145,784)
- Receivables within one year +€2,091
up €2,091 (+9.1%), from €22,899 to €24,990
- Profit (loss) carried forward +€145,784
up €145,784 (+41.4%), from -€352,344 to -€206,560
- Other debts -€122,836
down €122,836 (-37.1%), from €330,725 to €207,889
- Tax, wage and social debts -€11,561
down €11,561 (-47.6%), from €24,289 to €12,728
- Trade debts -€447
down €447 (-19.4%), from €2,302 to €1,855
- Gross operating margin -€74,039
down €74,039 (-33.2%), from €222,986 to €148,948
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 | €23,612 | €34,512 | +€10,900 | +46.2% |
| Current assets | 29/58 | €23,612 | €34,512 | +€10,900 | +46.2% |
| Amounts receivable within one year | 40/41 | €22,899 | €24,990 | +€2,091 | +9.1% |
| Trade receivables | 40 | €22,899 | €24,990 | +€2,091 | +9.1% |
| Cash at bank and in hand | 54/58 | €713 | €9,522 | +€8,809 | +1236.0% |
| Total equity and liabilities | 10/49 | €23,612 | €34,512 | +€10,900 | +46.2% |
| Equity | 10/15 | -€333,744 | -€187,960 | +€145,784 | +43.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€352,344 | -€206,560 | +€145,784 | +41.4% |
| Amounts payable | 17/49 | €357,356 | €222,472 | -€134,884 | -37.7% |
| Amounts payable within one year | 42/48 | €357,316 | €222,472 | -€134,844 | -37.7% |
| Trade debts | 44 | €2,302 | €1,855 | -€447 | -19.4% |
| Suppliers | 440/4 | €2,302 | €1,855 | -€447 | -19.4% |
| Taxes, remuneration and social security | 45 | €24,289 | €12,728 | -€11,561 | -47.6% |
| Taxes | 450/3 | €24,289 | €12,728 | -€11,561 | -47.6% |
| Other amounts payable | 47/48 | €330,725 | €207,889 | -€122,836 | -37.1% |
| Accrued charges and deferred income | 492/3 | €40 | €0 | -€40 | -100.0% |
| Other operating charges | 640/8 | €580 | €595 | +€14 | +2.5% |
| Gross operating margin | 9900 | €222,986 | €148,948 | -€74,039 | -33.2% |
| Operating profit (loss) | 9901 | €222,406 | €148,353 | -€74,053 | -33.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €672 | €2,569 | +€1,897 | +282.4% |
| Recurring financial charges | 65 | €672 | €2,569 | +€1,897 | +282.4% |
| Profit (loss) for the period before taxes | 9903 | €221,734 | €145,784 | -€75,950 | -34.3% |
| Profit (loss) for the period | 9904 | €221,734 | €145,784 | -€75,950 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €221,734 | €145,784 | -€75,950 | -34.3% |
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 12 October 2026 via checked.be.