VR TECHNICS: 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.
VR TECHNICS
Largest movements
- Cash -€6,714
down €6,714 (-56.9%), from €11,792 to €5,078
mainly Net result for the year (-€6,534) and Receivables within one year (-€6,269)
- Receivables within one year +€6,269
up €6,269 (+7463.1%), from €84 to €6,353
- Financial fixed assets -€2,000
no longer reported in 2024 (was €2,000)
- Tangible fixed assets -€620
down €620 (-41.8%), from €1,485 to €865
- Other debts +€7,813
up €7,813 (+20.3%), from €38,519 to €46,332
- Profit (loss) carried forward -€6,534
down €6,534 (-20.4%), from -€32,069 to -€38,603
- Trade debts -€5,444
down €5,444 (-70.8%), from €7,685 to €2,241
- Tax, wage and social debts +€1,053
up €1,053 (+258.0%), from €408 to €1,461
- Financial charges -€3,796
down €3,796 (-60.3%), from €6,296 to €2,500
- Gross operating margin -€394
down €394 (-19.5%), from -€2,025 to -€2,419
- Other operating charges -€332
down €332 (-28.1%), from €1,179 to €847
- Depreciation +€308
up €308 (+98.6%), from €312 to €620
- Financial income -€121
down €121 (-99.7%), from €121 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,543 | €12,431 | -€3,112 | -20.0% |
| Fixed assets | 21/28 | €3,485 | €865 | -€2,620 | -75.2% |
| Tangible fixed assets | 22/27 | €1,485 | €865 | -€620 | -41.8% |
| Plant, machinery and equipment | 23 | €1,485 | €865 | -€620 | -41.8% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €12,058 | €11,567 | -€491 | -4.1% |
| Amounts receivable within one year | 40/41 | €84 | €6,353 | +€6,269 | +7463.1% |
| Trade receivables | 40 | €84 | €6,353 | +€6,269 | +7463.1% |
| Cash at bank and in hand | 54/58 | €11,792 | €5,078 | -€6,714 | -56.9% |
| Deferred charges and accrued income | 490/1 | €182 | €136 | -€46 | -25.1% |
| Total equity and liabilities | 10/49 | €15,543 | €12,431 | -€3,112 | -20.0% |
| Equity | 10/15 | -€31,069 | -€37,603 | -€6,534 | -21.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,069 | -€38,603 | -€6,534 | -20.4% |
| Amounts payable | 17/49 | €46,612 | €50,034 | +€3,422 | +7.3% |
| Amounts payable within one year | 42/48 | €46,612 | €50,034 | +€3,422 | +7.3% |
| Trade debts | 44 | €7,685 | €2,241 | -€5,444 | -70.8% |
| Suppliers | 440/4 | €7,685 | €2,241 | -€5,444 | -70.8% |
| Taxes, remuneration and social security | 45 | €408 | €1,461 | +€1,053 | +258.0% |
| Taxes | 450/3 | €408 | €1,461 | +€1,053 | +258.0% |
| Other amounts payable | 47/48 | €38,519 | €46,332 | +€7,813 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €620 | +€308 | +98.6% |
| Other operating charges | 640/8 | €1,179 | €847 | -€332 | -28.1% |
| Gross operating margin | 9900 | -€2,025 | -€2,419 | -€394 | -19.5% |
| Operating profit (loss) | 9901 | -€3,516 | -€3,886 | -€370 | -10.5% |
| Financial income | 75/76B | €121 | €0 | -€121 | -99.7% |
| Recurring financial income | 75 | €121 | €0 | -€121 | -99.7% |
| Financial charges | 65/66B | €6,296 | €2,500 | -€3,796 | -60.3% |
| Recurring financial charges | 65 | €6,296 | €2,500 | -€3,796 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,691 | -€6,386 | +€3,305 | +34.1% |
| Income taxes | 67/77 | €159 | €147 | -€11 | -7.1% |
| Profit (loss) for the period | 9904 | -€9,850 | -€6,534 | +€3,316 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,850 | -€6,534 | +€3,316 | +33.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.