CoVisionIT: 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.
CoVisionIT
Largest movements
- Current investments +€12,000
up €12,000 (+39.8%), from €30,142 to €42,141
- Cash +€9,823
up €9,823 (+31.3%), from €31,385 to €41,207
mainly Net result for the year (+€30,886) and Depreciation (+€3,609)
- Tangible fixed assets -€3,609
down €3,609 (-36.0%), from €10,024 to €6,415
of which Furniture and vehicles: -€2,065
- Reserves +€30,886
up €30,886 (+55.5%), from €55,692 to €86,579
- Other debts -€12,045
down €12,045 (-90.3%), from €13,345 to €1,300
- Gross operating margin +€12,464
up €12,464 (+40.3%), from €30,958 to €43,422
- Taxes +€2,932
up €2,932 (+55.8%), from €5,255 to €8,188
- Depreciation +€1,004
up €1,004 (+38.5%), from €2,605 to €3,609
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 | €95,705 | €114,854 | +€19,149 | +20.0% |
| Fixed assets | 21/28 | €10,024 | €6,415 | -€3,609 | -36.0% |
| Tangible fixed assets | 22/27 | €10,024 | €6,415 | -€3,609 | -36.0% |
| Plant, machinery and equipment | 23 | €2,443 | €899 | -€1,544 | -63.2% |
| Furniture and vehicles | 24 | €7,581 | €5,516 | -€2,065 | -27.2% |
| Current assets | 29/58 | €85,681 | €108,439 | +€22,758 | +26.6% |
| Amounts receivable within one year | 40/41 | €22,113 | €23,045 | +€932 | +4.2% |
| Trade receivables | 40 | €21,368 | €22,300 | +€932 | +4.4% |
| Other amounts receivable | 41 | €745 | €745 | = | 0.0% |
| Current investments | 50/53 | €30,142 | €42,141 | +€12,000 | +39.8% |
| Cash at bank and in hand | 54/58 | €31,385 | €41,207 | +€9,823 | +31.3% |
| Deferred charges and accrued income | 490/1 | €2,042 | €2,045 | +€3 | +0.2% |
| Total equity and liabilities | 10/49 | €95,705 | €114,854 | +€19,149 | +20.0% |
| Equity | 10/15 | €74,242 | €105,129 | +€30,886 | +41.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €55,692 | €86,579 | +€30,886 | +55.5% |
| Distributable reserves | 133 | €55,692 | €86,579 | +€30,886 | +55.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,462 | €9,725 | -€11,737 | -54.7% |
| Amounts payable within one year | 42/48 | €21,434 | €9,692 | -€11,742 | -54.8% |
| Trade debts | 44 | €80 | €702 | +€622 | +773% |
| Suppliers | 440/4 | €80 | €702 | +€622 | +773% |
| Taxes, remuneration and social security | 45 | €8,009 | €7,690 | -€319 | -4.0% |
| Taxes | 450/3 | €8,009 | €7,690 | -€319 | -4.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | 0.0% |
| Other amounts payable | 47/48 | €13,345 | €1,300 | -€12,045 | -90.3% |
| Accrued charges and deferred income | 492/3 | €28 | €33 | +€5 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,605 | €3,609 | +€1,004 | +38.5% |
| Other operating charges | 640/8 | €651 | €665 | +€14 | +2.2% |
| Gross operating margin | 9900 | €30,958 | €43,422 | +€12,464 | +40.3% |
| Operating profit (loss) | 9901 | €27,702 | €39,148 | +€11,445 | +41.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €96 | €74 | -€22 | -23.3% |
| Recurring financial charges | 65 | €96 | €74 | -€22 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €27,606 | €39,074 | +€11,468 | +41.5% |
| Income taxes | 67/77 | €5,255 | €8,188 | +€2,932 | +55.8% |
| Profit (loss) for the period | 9904 | €22,350 | €30,886 | +€8,536 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,350 | €30,886 | +€8,536 | +38.2% |
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 29 October 2026 via checked.be.