VRS Solutions: 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.
VRS Solutions
Largest movements
- Cash -€14,347
down €14,347 (-85.7%), from €16,750 to €2,403
mainly Net result for the year (-€5,744) and Receivables within one year (-€4,017)
- Receivables within one year +€4,017
up €4,017 (+475%), from €846 to €4,864
of which Trade receivables: +€4,546
- Profit (loss) carried forward -€5,744
down €5,744 (-156%), from -€3,672 to -€9,416
- Tax, wage and social debts -€2,808
down €2,808 (-57.9%), from €4,852 to €2,044
- Trade debts -€1,618
down €1,618 (-32.4%), from €4,996 to €3,377
- Gross operating margin -€2,397
down €2,397 (-108%), from -€2,218 to -€4,615
- Taxes -€197
no longer reported in 2025 (was €197)
- Financial charges -€124
down €124 (-30.5%), from €406 to €282
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 | €19,646 | €9,424 | -€10,222 | -52.0% |
| Current assets | 29/58 | €19,646 | €9,424 | -€10,222 | -52.0% |
| Amounts receivable within one year | 40/41 | €846 | €4,864 | +€4,017 | +475% |
| Trade receivables | 40 | - | €4,546 | +€4,546 | |
| Other amounts receivable | 41 | €846 | €318 | -€529 | -62.5% |
| Cash at bank and in hand | 54/58 | €16,750 | €2,403 | -€14,347 | -85.7% |
| Deferred charges and accrued income | 490/1 | €2,049 | €2,157 | +€108 | +5.3% |
| Total equity and liabilities | 10/49 | €19,646 | €9,424 | -€10,222 | -52.0% |
| Equity | 10/15 | €7,228 | €1,484 | -€5,744 | -79.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €6,900 | €6,900 | = | 0.0% |
| Distributable reserves | 133 | €6,900 | €6,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,672 | -€9,416 | -€5,744 | -156% |
| Amounts payable | 17/49 | €12,418 | €7,940 | -€4,478 | -36.1% |
| Amounts payable within one year | 42/48 | €12,418 | €7,940 | -€4,478 | -36.1% |
| Trade debts | 44 | €4,996 | €3,377 | -€1,618 | -32.4% |
| Suppliers | 440/4 | €4,996 | €3,377 | -€1,618 | -32.4% |
| Taxes, remuneration and social security | 45 | €4,852 | €2,044 | -€2,808 | -57.9% |
| Taxes | 450/3 | €4,852 | €2,044 | -€2,808 | -57.9% |
| Other amounts payable | 47/48 | €2,570 | €2,518 | -€52 | -2.0% |
| Other operating charges | 640/8 | €875 | €901 | +€26 | +3.0% |
| Gross operating margin | 9900 | -€2,218 | -€4,615 | -€2,397 | -108% |
| Operating profit (loss) | 9901 | -€3,093 | -€5,516 | -€2,423 | -78.3% |
| Financial income | 75/76B | €20 | €54 | +€34 | +165% |
| Recurring financial income | 75 | €20 | €54 | +€34 | +165% |
| Financial charges | 65/66B | €406 | €282 | -€124 | -30.5% |
| Recurring financial charges | 65 | €406 | €282 | -€124 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,479 | -€5,744 | -€2,265 | -65.1% |
| Income taxes | 67/77 | €197 | - | -€197 | |
| Profit (loss) for the period | 9904 | -€3,676 | -€5,744 | -€2,068 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,676 | -€5,744 | -€2,068 | -56.2% |
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 15 October 2026 via checked.be.