VIRTUAL: what changed
VIRTUAL
Largest movements
- Cash +€9,836
up €9,836 (+8,173%), from €120 to €9,957
mainly Receivables within one year (+€8,453) and Depreciation (+€6,403)
- Receivables within one year -€8,453
down €8,453 (-30.5%), from €27,707 to €19,254
of which Other amounts receivable: -€6,024
- Tangible fixed assets -€3,235
down €3,235 (-21.8%), from €14,812 to €11,576
of which Furniture and vehicles: -€4,695
- Profit (loss) carried forward -€4,275
down €4,275, from €0 to -€4,275
- Tax, wage and social debts +€2,045
up €2,045 (+110%), from €1,857 to €3,902
- Trade debts +€880
up €880 (+116%), from €758 to €1,638
- Short-term financial debts -€502
down €502 (-100%), from €502 to €0
- Gross operating margin -€5,542
down €5,542 (-55.7%), from €9,949 to €4,407
- Taxes -€1,628
down €1,628 (-87.6%), from €1,857 to €229
- Depreciation +€1,276
up €1,276 (+24.9%), from €5,127 to €6,403
- Other operating charges +€884
up €884 (+64.2%), from €1,377 to €2,262
- Financial income +€413
up €413 (+1,838%), from €22 to €436
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,639 | €40,787 | -€1,852 | -4.3% |
| Fixed assets | 21/28 | €14,812 | €11,576 | -€3,235 | -21.8% |
| Tangible fixed assets | 22/27 | €14,812 | €11,576 | -€3,235 | -21.8% |
| Plant, machinery and equipment | 23 | €3,145 | €4,604 | +€1,459 | +46.4% |
| Furniture and vehicles | 24 | €11,666 | €6,972 | -€4,695 | -40.2% |
| Current assets | 29/58 | €27,828 | €29,211 | +€1,383 | +5.0% |
| Amounts receivable within one year | 40/41 | €27,707 | €19,254 | -€8,453 | -30.5% |
| Trade receivables | 40 | €17,111 | €14,682 | -€2,429 | -14.2% |
| Other amounts receivable | 41 | €10,596 | €4,572 | -€6,024 | -56.9% |
| Cash at bank and in hand | 54/58 | €120 | €9,957 | +€9,836 | +8,173% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €42,639 | €40,787 | -€1,852 | -4.3% |
| Equity | 10/15 | €39,522 | €35,247 | -€4,275 | -10.8% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €27,128 | €27,128 | = | 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% |
| Distributable reserves | 133 | €25,269 | €25,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€4,275 | -€4,275 | |
| Amounts payable | 17/49 | €3,117 | €5,540 | +€2,423 | +77.8% |
| Amounts payable within one year | 42/48 | €3,117 | €5,540 | +€2,423 | +77.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €502 | €0 | -€502 | -100% |
| Credit institutions | 430/8 | €502 | €0 | -€502 | -100% |
| Trade debts | 44 | €758 | €1,638 | +€880 | +116% |
| Suppliers | 440/4 | €758 | €1,638 | +€880 | +116% |
| Taxes, remuneration and social security | 45 | €1,857 | €3,902 | +€2,045 | +110% |
| Taxes | 450/3 | €1,857 | €3,902 | +€2,045 | +110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,127 | €6,403 | +€1,276 | +24.9% |
| Other operating charges | 640/8 | €1,377 | €2,262 | +€884 | +64.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €9,949 | €4,407 | -€5,542 | -55.7% |
| Operating profit (loss) | 9901 | €3,444 | -€4,258 | -€7,702 | |
| Financial income | 75/76B | €22 | €436 | +€413 | +1,838% |
| Recurring financial income | 75 | €22 | €436 | +€413 | +1,838% |
| Financial charges | 65/66B | €251 | €224 | -€27 | -10.9% |
| Recurring financial charges | 65 | €251 | €224 | -€27 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €3,215 | -€4,046 | -€7,261 | |
| Income taxes | 67/77 | €1,857 | €229 | -€1,628 | -87.6% |
| Profit (loss) for the period | 9904 | €1,358 | -€4,275 | -€5,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,358 | -€4,275 | -€5,634 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.