Cloudvisor: 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.
Cloudvisor
Largest movements
- Cash -€51,166
down €51,166 (-53.2%), from €96,094 to €44,928
mainly Other debts (-€84,953) and Contributions, distributions and other (-€25,827)
- Receivables within one year -€32,706
down €32,706 (-49.4%), from €66,262 to €33,556
of which Trade receivables: -€32,353
- Tangible fixed assets -€5,391
down €5,391 (-36.2%), from €14,876 to €9,485
of which Furniture and vehicles: -€3,061
- Other debts -€84,953
down €84,953 (-95.8%), from €88,703 to €3,750
- Advances received -€14,411
no longer reported in 2025 (was €14,411)
- Tax, wage and social debts +€5,934
up €5,934 (+46.3%), from €12,826 to €18,760
- Profit (loss) carried forward +€2,205
new in 2025: €2,205
- Trade debts +€1,940
up €1,940 (+253%), from €767 to €2,707
- Gross operating margin -€10,731
down €10,731 (-19.8%), from €54,149 to €43,419
- Taxes -€3,693
down €3,693 (-28.6%), from €12,907 to €9,214
- Depreciation +€874
up €874 (+19.4%), from €4,517 to €5,391
- Financial charges -€753
down €753 (-40.5%), from €1,860 to €1,107
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 | €186,955 | €97,243 | -€89,711 | -48.0% |
| Fixed assets | 21/28 | €14,876 | €9,485 | -€5,391 | -36.2% |
| Tangible fixed assets | 22/27 | €14,876 | €9,485 | -€5,391 | -36.2% |
| Plant, machinery and equipment | 23 | €3,274 | €1,885 | -€1,389 | -42.4% |
| Furniture and vehicles | 24 | €9,731 | €6,671 | -€3,061 | -31.5% |
| Leasing and similar rights | 25 | €1,871 | €929 | -€942 | -50.3% |
| Current assets | 29/58 | €172,078 | €87,758 | -€84,320 | -49.0% |
| Amounts receivable after more than one year | 29 | €8,000 | €8,000 | = | 0.0% |
| Trade receivables | 290 | - | €8,000 | +€8,000 | |
| Other amounts receivable | 291 | €8,000 | - | -€8,000 | |
| Amounts receivable within one year | 40/41 | €66,262 | €33,556 | -€32,706 | -49.4% |
| Trade receivables | 40 | €64,606 | €32,253 | -€32,353 | -50.1% |
| Other amounts receivable | 41 | €1,656 | €1,304 | -€352 | -21.3% |
| Cash at bank and in hand | 54/58 | €96,094 | €44,928 | -€51,166 | -53.2% |
| Deferred charges and accrued income | 490/1 | €1,722 | €1,274 | -€449 | -26.0% |
| Total equity and liabilities | 10/49 | €186,955 | €97,243 | -€89,711 | -48.0% |
| Equity | 10/15 | €70,249 | €71,626 | +€1,378 | +2.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €69,249 | €68,422 | -€827 | -1.2% |
| Distributable reserves | 133 | €69,249 | €68,422 | -€827 | -1.2% |
| Profit (loss) carried forward | 14 | - | €2,205 | +€2,205 | |
| Amounts payable | 17/49 | €116,706 | €25,617 | -€91,089 | -78.1% |
| Amounts payable within one year | 42/48 | €116,706 | €25,217 | -€91,489 | -78.4% |
| Trade debts | 44 | €767 | €2,707 | +€1,940 | +253% |
| Suppliers | 440/4 | €767 | €2,707 | +€1,940 | +253% |
| Advances received on contracts in progress | 46 | €14,411 | - | -€14,411 | |
| Taxes, remuneration and social security | 45 | €12,826 | €18,760 | +€5,934 | +46.3% |
| Taxes | 450/3 | €12,826 | €18,760 | +€5,934 | +46.3% |
| Other amounts payable | 47/48 | €88,703 | €3,750 | -€84,953 | -95.8% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,517 | €5,391 | +€874 | +19.4% |
| Other operating charges | 640/8 | €562 | €400 | -€162 | -28.9% |
| Non-recurring operating charges | 66A | - | €116 | +€116 | |
| Gross operating margin | 9900 | €54,149 | €43,419 | -€10,731 | -19.8% |
| Operating profit (loss) | 9901 | €49,070 | €37,511 | -€11,559 | -23.6% |
| Financial income | 75/76B | €166 | €14 | -€152 | -91.6% |
| Recurring financial income | 75 | €166 | €14 | -€152 | -91.6% |
| Financial charges | 65/66B | €1,860 | €1,107 | -€753 | -40.5% |
| Recurring financial charges | 65 | €1,860 | €1,107 | -€753 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €47,377 | €36,418 | -€10,958 | -23.1% |
| Income taxes | 67/77 | €12,907 | €9,214 | -€3,693 | -28.6% |
| Profit (loss) for the period | 9904 | €34,469 | €27,205 | -€7,265 | -21.1% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Transfer to tax-exempt reserves | 689 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €34,469 | €27,205 | -€7,265 | -21.1% |
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 19 October 2026 via checked.be.