VR TRONICS: 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 TRONICS
Largest movements
- Receivables within one year +€41,430
up €41,430 (+254.0%), from €16,312 to €57,742
of which Trade receivables: +€42,540
- Tangible fixed assets -€12,424
down €12,424 (-26.0%), from €47,771 to €35,347
of which Furniture and vehicles: -€14,568
- Cash +€4,435
up €4,435 (+9.7%), from €45,845 to €50,281
mainly Other debts (+€55,245) and Net result for the year (+€43,024)
- Other debts +€55,245
up €55,245 (+628.9%), from €8,785 to €64,029
- Reserves -€14,975
down €14,975 (-28.7%), from €52,223 to €37,248
- Debts after one year -€12,326
down €12,326 (-48.6%), from €25,338 to €13,012
- Trade debts +€5,281
up €5,281 (+169.2%), from €3,122 to €8,403
- Gross operating margin +€27,450
up €27,450 (+57.8%), from €47,455 to €74,905
- Depreciation -€7,807
down €7,807 (-33.7%), from €23,141 to €15,334
- Taxes +€6,892
up €6,892 (+107.0%), from €6,441 to €13,332
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 | €110,461 | €144,133 | +€33,672 | +30.5% |
| Fixed assets | 21/28 | €47,826 | €35,347 | -€12,479 | -26.1% |
| Tangible fixed assets | 22/27 | €47,771 | €35,347 | -€12,424 | -26.0% |
| Plant, machinery and equipment | 23 | - | €2,144 | +€2,144 | |
| Furniture and vehicles | 24 | €47,771 | €33,202 | -€14,568 | -30.5% |
| Financial fixed assets | 28 | €55 | €0 | -€55 | -100.0% |
| Current assets | 29/58 | €62,635 | €108,786 | +€46,151 | +73.7% |
| Amounts receivable within one year | 40/41 | €16,312 | €57,742 | +€41,430 | +254.0% |
| Trade receivables | 40 | €13,818 | €56,358 | +€42,540 | +307.9% |
| Other amounts receivable | 41 | €2,494 | €1,384 | -€1,110 | -44.5% |
| Cash at bank and in hand | 54/58 | €45,845 | €50,281 | +€4,435 | +9.7% |
| Deferred charges and accrued income | 490/1 | €478 | €764 | +€286 | +59.8% |
| Total equity and liabilities | 10/49 | €110,461 | €144,133 | +€33,672 | +30.5% |
| Equity | 10/15 | €55,223 | €40,248 | -€14,975 | -27.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,223 | €37,248 | -€14,975 | -28.7% |
| Distributable reserves | 133 | €52,223 | €37,248 | -€14,975 | -28.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €55,237 | €103,885 | +€48,647 | +88.1% |
| Amounts payable after more than one year | 17 | €25,338 | €13,012 | -€12,326 | -48.6% |
| Financial debts | 170/4 | €25,338 | €13,012 | -€12,326 | -48.6% |
| Amounts payable within one year | 42/48 | €29,735 | €89,792 | +€60,058 | +202.0% |
| Current portion of amounts payable after more than one year | 42 | €12,474 | €12,902 | +€428 | +3.4% |
| Trade debts | 44 | €3,122 | €8,403 | +€5,281 | +169.2% |
| Suppliers | 440/4 | €3,122 | €8,403 | +€5,281 | +169.2% |
| Taxes, remuneration and social security | 45 | €5,355 | €4,459 | -€896 | -16.7% |
| Taxes | 450/3 | €3,737 | €4,459 | +€722 | +19.3% |
| Remuneration and social security | 454/9 | €1,618 | €0 | -€1,618 | -100.0% |
| Other amounts payable | 47/48 | €8,785 | €64,029 | +€55,245 | +628.9% |
| Accrued charges and deferred income | 492/3 | €165 | €1,080 | +€915 | +554.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,141 | €15,334 | -€7,807 | -33.7% |
| Other operating charges | 640/8 | €649 | €1,029 | +€380 | +58.5% |
| Gross operating margin | 9900 | €47,455 | €74,905 | +€27,450 | +57.8% |
| Operating profit (loss) | 9901 | €23,665 | €58,542 | +€34,877 | +147.4% |
| Financial income | 75/76B | €1 | €114 | +€113 | +8896.9% |
| Recurring financial income | 75 | €1 | €114 | +€113 | +8896.9% |
| Financial charges | 65/66B | €2,250 | €2,300 | +€50 | +2.2% |
| Recurring financial charges | 65 | €2,250 | €2,300 | +€50 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €21,416 | €56,357 | +€34,941 | +163.2% |
| Income taxes | 67/77 | €6,441 | €13,332 | +€6,892 | +107.0% |
| Profit (loss) for the period | 9904 | €14,975 | €43,024 | +€28,049 | +187.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,975 | €43,024 | +€28,049 | +187.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.