VAROBO: 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.
VAROBO
Largest movements
- Cash +€1,441
up €1,441 (+26.1%), from €5,514 to €6,955
mainly Other debts (+€2,085) and Tax, wage and social debts (+€595)
- Receivables within one year +€1,098
up €1,098 (+6.7%), from €16,353 to €17,451
- Tangible fixed assets -€343
down €343 (-40.8%), from €842 to €499
- Other debts +€2,085
up €2,085 (+44.3%), from €4,707 to €6,792
- Tax, wage and social debts +€595
up €595 (+322%), from €185 to €780
- Gross operating margin +€1,566
up €1,566, from -€625 to €941
- Taxes +€410
up €410 (+222%), from €185 to €595
- Depreciation +€70
up €70 (+25.5%), from €274 to €343
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 | €23,139 | €25,337 | +€2,198 | +9.5% |
| Fixed assets | 21/28 | €842 | €499 | -€343 | -40.8% |
| Tangible fixed assets | 22/27 | €842 | €499 | -€343 | -40.8% |
| Furniture and vehicles | 24 | €842 | €499 | -€343 | -40.8% |
| Current assets | 29/58 | €22,297 | €24,838 | +€2,541 | +11.4% |
| Amounts receivable within one year | 40/41 | €16,353 | €17,451 | +€1,098 | +6.7% |
| Trade receivables | 40 | €16,353 | €17,451 | +€1,098 | +6.7% |
| Cash at bank and in hand | 54/58 | €5,514 | €6,955 | +€1,441 | +26.1% |
| Deferred charges and accrued income | 490/1 | €430 | €432 | +€2 | +0.5% |
| Total equity and liabilities | 10/49 | €23,139 | €25,337 | +€2,198 | +9.5% |
| Equity | 10/15 | €18,004 | €17,766 | -€238 | -1.3% |
| Contributions | 10/11 | €11,106 | €11,106 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,039 | €4,801 | -€238 | -4.7% |
| Amounts payable | 17/49 | €5,135 | €7,571 | +€2,436 | +47.4% |
| Amounts payable within one year | 42/48 | €5,135 | €7,571 | +€2,436 | +47.4% |
| Trade debts | 44 | €244 | - | -€244 | |
| Suppliers | 440/4 | €244 | - | -€244 | |
| Taxes, remuneration and social security | 45 | €185 | €780 | +€595 | +322% |
| Taxes | 450/3 | €185 | €780 | +€595 | +322% |
| Other amounts payable | 47/48 | €4,707 | €6,792 | +€2,085 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274 | €343 | +€70 | +25.5% |
| Other operating charges | 640/8 | €187 | €187 | = | 0.0% |
| Gross operating margin | 9900 | -€625 | €941 | +€1,566 | |
| Operating profit (loss) | 9901 | -€1,086 | €411 | +€1,497 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,140 | €357 | +€1,496 | |
| Income taxes | 67/77 | €185 | €595 | +€410 | +222% |
| Profit (loss) for the period | 9904 | -€1,324 | -€238 | +€1,087 | +82.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,324 | -€238 | +€1,087 | +82.0% |
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 14 October 2026 via checked.be.