ACOS-VISODERM: 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.
ACOS-VISODERM
Largest movements
- Tangible fixed assets -€6,512
down €6,512 (-7.2%), from €90,535 to €84,022
of which Furniture and vehicles: -€6,374
- Cash -€5,946
down €5,946 (-3.8%), from €158,557 to €152,610
mainly Net result for the year (-€18,419) and Investment in fixed assets (net) (-€1,896)
- Profit (loss) carried forward -€18,419
down €18,419 (-50.8%), from -€36,275 to -€54,695
- Gross operating margin -€5,167
down €5,167 (-7.2%), from €72,154 to €66,987
- Other operating charges +€1,271
up €1,271 (+24.5%), from €5,180 to €6,451
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 | €542,570 | €525,871 | -€16,699 | -3.1% |
| Fixed assets | 21/28 | €219,671 | €213,147 | -€6,524 | -3.0% |
| Intangible fixed assets | 21 | €128,000 | €128,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €90,535 | €84,022 | -€6,512 | -7.2% |
| Plant, machinery and equipment | 23 | €65,862 | €65,723 | -€138 | -0.2% |
| Furniture and vehicles | 24 | €24,673 | €18,299 | -€6,374 | -25.8% |
| Financial fixed assets | 28 | €1,137 | €1,125 | -€12 | -1.0% |
| Current assets | 29/58 | €322,898 | €312,724 | -€10,175 | -3.2% |
| Stocks and contracts in progress | 3 | €149,809 | €150,465 | +€656 | +0.4% |
| Stocks | 30/36 | €149,809 | €150,465 | +€656 | +0.4% |
| Amounts receivable within one year | 40/41 | €14,533 | €9,649 | -€4,884 | -33.6% |
| Trade receivables | 40 | €14,290 | €9,567 | -€4,723 | -33.1% |
| Other amounts receivable | 41 | €243 | €82 | -€161 | -66.2% |
| Cash at bank and in hand | 54/58 | €158,557 | €152,610 | -€5,946 | -3.8% |
| Total equity and liabilities | 10/49 | €542,570 | €525,871 | -€16,699 | -3.1% |
| Equity | 10/15 | €513,177 | €494,757 | -€18,419 | -3.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €198,296 | €198,296 | = | 0.0% |
| Reserves | 13 | €326,155 | €326,155 | = | 0.0% |
| Distributable reserves | 133 | €326,155 | €326,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,275 | -€54,695 | -€18,419 | -50.8% |
| Amounts payable | 17/49 | €29,393 | €31,114 | +€1,721 | +5.9% |
| Amounts payable within one year | 42/48 | €29,393 | €31,114 | +€1,721 | +5.9% |
| Trade debts | 44 | €12,007 | €12,588 | +€581 | +4.8% |
| Suppliers | 440/4 | €12,007 | €12,588 | +€581 | +4.8% |
| Taxes, remuneration and social security | 45 | €17,386 | €18,526 | +€1,139 | +6.6% |
| Taxes | 450/3 | €8,008 | €9,573 | +€1,565 | +19.5% |
| Remuneration and social security | 454/9 | €9,378 | €8,952 | -€426 | -4.5% |
| Remuneration, social security and pensions | 62 | €70,540 | €71,024 | +€483 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,273 | €8,421 | +€148 | +1.8% |
| Other operating charges | 640/8 | €5,180 | €6,451 | +€1,271 | +24.5% |
| Gross operating margin | 9900 | €72,154 | €66,987 | -€5,167 | -7.2% |
| Operating profit (loss) | 9901 | -€11,839 | -€18,908 | -€7,069 | -59.7% |
| Financial income | 75/76B | €735 | €713 | -€22 | -3.0% |
| Recurring financial income | 75 | €735 | €713 | -€22 | -3.0% |
| Financial charges | 65/66B | €144 | €93 | -€52 | -35.9% |
| Recurring financial charges | 65 | €144 | €93 | -€52 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,248 | -€18,287 | -€7,039 | -62.6% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€11,376 | -€18,419 | -€7,043 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,376 | -€18,419 | -€7,043 | -61.9% |
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 21 October 2026 via checked.be.