We.R.VR: 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.
We.R.VR
Largest movements
- Cash +€10,067
up €10,067 (+26.3%), from €38,290 to €48,357
mainly Net result for the year (+€28,512) and Other debts (+€10,244)
- Receivables within one year +€8,983
up €8,983 (+317%), from €2,835 to €11,818
- Tangible fixed assets +€3,588
up €3,588 (+28.9%), from €12,406 to €15,993
of which Furniture and vehicles: +€5,908
- Deferred charges and accrued income -€891
down €891 (-100%), from €891 to €0
- Other debts +€10,244
up €10,244 (+35.4%), from €28,948 to €39,192
- Profit (loss) carried forward +€8,512
up €8,512 (+142%), from €5,997 to €14,510
- Tax, wage and social debts +€3,028
up €3,028 (+108%), from €2,817 to €5,845
- Gross operating margin +€14,199
up €14,199 (+62.3%), from €22,795 to €36,995
- Taxes +€2,331
up €2,331 (+1,319%), from €177 to €2,507
- Depreciation +€1,163
up €1,163 (+41.5%), from €2,802 to €3,965
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 | €54,421 | €76,168 | +€21,747 | +40.0% |
| Fixed assets | 21/28 | €12,406 | €15,993 | +€3,588 | +28.9% |
| Tangible fixed assets | 22/27 | €12,406 | €15,993 | +€3,588 | +28.9% |
| Plant, machinery and equipment | 23 | €12,161 | €9,841 | -€2,321 | -19.1% |
| Furniture and vehicles | 24 | €244 | €6,152 | +€5,908 | +2,421% |
| Current assets | 29/58 | €42,015 | €60,175 | +€18,160 | +43.2% |
| Amounts receivable within one year | 40/41 | €2,835 | €11,818 | +€8,983 | +317% |
| Trade receivables | 40 | €2,835 | €11,818 | +€8,983 | +317% |
| Cash at bank and in hand | 54/58 | €38,290 | €48,357 | +€10,067 | +26.3% |
| Deferred charges and accrued income | 490/1 | €891 | €0 | -€891 | -100% |
| Total equity and liabilities | 10/49 | €54,421 | €76,168 | +€21,747 | +40.0% |
| Equity | 10/15 | €20,997 | €29,510 | +€8,512 | +40.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,997 | €14,510 | +€8,512 | +142% |
| Amounts payable | 17/49 | €33,423 | €46,658 | +€13,235 | +39.6% |
| Amounts payable within one year | 42/48 | €31,891 | €45,452 | +€13,561 | +42.5% |
| Trade debts | 44 | €126 | €415 | +€289 | +229% |
| Suppliers | 440/4 | €126 | €415 | +€289 | +229% |
| Taxes, remuneration and social security | 45 | €2,817 | €5,845 | +€3,028 | +108% |
| Taxes | 450/3 | €2,817 | €5,845 | +€3,028 | +108% |
| Other amounts payable | 47/48 | €28,948 | €39,192 | +€10,244 | +35.4% |
| Accrued charges and deferred income | 492/3 | €1,532 | €1,206 | -€326 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,802 | €3,965 | +€1,163 | +41.5% |
| Other operating charges | 640/8 | €785 | €884 | +€99 | +12.6% |
| Gross operating margin | 9900 | €22,795 | €36,995 | +€14,199 | +62.3% |
| Operating profit (loss) | 9901 | €19,209 | €32,146 | +€12,938 | +67.4% |
| Financial income | 75/76B | - | €199 | +€199 | |
| Recurring financial income | 75 | - | €199 | +€199 | |
| Financial charges | 65/66B | €1,641 | €1,326 | -€315 | -19.2% |
| Recurring financial charges | 65 | €1,641 | €1,326 | -€315 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €17,567 | €31,020 | +€13,452 | +76.6% |
| Income taxes | 67/77 | €177 | €2,507 | +€2,331 | +1,319% |
| Profit (loss) for the period | 9904 | €17,391 | €28,512 | +€11,122 | +64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,391 | €28,512 | +€11,122 | +64.0% |
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.