C-VISION: 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.
C-VISION
Largest movements
- Cash +€3,021
up €3,021 (+338%), from €893 to €3,914
mainly Other debts (+€1,968) and Depreciation (+€1,178)
- Receivables within one year +€1,767
new in 2025: €1,767
- Tangible fixed assets -€1,178
no longer reported in 2025 (was €1,178)
- Other debts +€1,968
up €1,968 (+38.2%), from €5,157 to €7,126
- Profit (loss) carried forward +€858
up €858 (+4.6%), from -€18,840 to -€17,982
- Tax, wage and social debts +€602
up €602 (+57.3%), from €1,051 to €1,653
- Trade debts +€202
up €202 (+18.7%), from €1,081 to €1,283
- Gross operating margin +€5,655
up €5,655, from -€1,965 to €3,690
- Depreciation -€1,004
down €1,004 (-46.0%), from €2,182 to €1,178
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 | €2,710 | €6,340 | +€3,630 | +134% |
| Fixed assets | 21/28 | €1,178 | - | -€1,178 | |
| Tangible fixed assets | 22/27 | €1,178 | - | -€1,178 | |
| Furniture and vehicles | 24 | €1,178 | - | -€1,178 | |
| Current assets | 29/58 | €1,532 | €6,340 | +€4,808 | +314% |
| Amounts receivable within one year | 40/41 | - | €1,767 | +€1,767 | |
| Trade receivables | 40 | - | €1,767 | +€1,767 | |
| Cash at bank and in hand | 54/58 | €893 | €3,914 | +€3,021 | +338% |
| Deferred charges and accrued income | 490/1 | €639 | €659 | +€20 | +3.2% |
| Total equity and liabilities | 10/49 | €2,710 | €6,340 | +€3,630 | +134% |
| Equity | 10/15 | -€4,580 | -€3,722 | +€858 | +18.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,840 | -€17,982 | +€858 | +4.6% |
| Amounts payable | 17/49 | €7,290 | €10,062 | +€2,772 | +38.0% |
| Amounts payable within one year | 42/48 | €7,290 | €10,062 | +€2,772 | +38.0% |
| Trade debts | 44 | €1,081 | €1,283 | +€202 | +18.7% |
| Suppliers | 440/4 | €1,081 | €1,283 | +€202 | +18.7% |
| Taxes, remuneration and social security | 45 | €1,051 | €1,653 | +€602 | +57.3% |
| Taxes | 450/3 | €1,051 | €1,653 | +€602 | +57.3% |
| Other amounts payable | 47/48 | €5,157 | €7,126 | +€1,968 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,182 | €1,178 | -€1,004 | -46.0% |
| Other operating charges | 640/8 | €1,169 | €1,200 | +€32 | +2.7% |
| Gross operating margin | 9900 | -€1,965 | €3,690 | +€5,655 | |
| Operating profit (loss) | 9901 | -€5,316 | €1,312 | +€6,628 | |
| Financial charges | 65/66B | €89 | €109 | +€20 | +23.0% |
| Recurring financial charges | 65 | €89 | €109 | +€20 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,404 | €1,203 | +€6,607 | |
| Income taxes | 67/77 | €332 | €345 | +€13 | +3.9% |
| Profit (loss) for the period | 9904 | -€5,736 | €858 | +€6,594 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,736 | €858 | +€6,594 |
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 17 October 2026 via checked.be.