DE VIS: 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.
DE VIS
Largest movements
- Cash -€44,634
down €44,634 (-14.1%), from €316,729 to €272,094
mainly Net result for the year (-€67,883) and Trade debts (-€30,338)
- Tangible fixed assets -€43,517
down €43,517 (-27.2%), from €160,006 to €116,489
of which Furniture and vehicles: -€26,281
- Receivables within one year -€19,297
down €19,297 (-73.9%), from €26,111 to €6,814
of which Other amounts receivable: -€21,694
- Profit (loss) carried forward -€67,883
down €67,883 (-123%), from -€55,050 to -€122,932
- Trade debts -€30,338
down €30,338 (-11.1%), from €274,264 to €243,926
- Debts after one year -€24,121
down €24,121 (-29.7%), from €81,229 to €57,108
- Tax, wage and social debts +€7,991
up €7,991 (+9.0%), from €88,355 to €96,347
of which Remuneration and social security: +€5,195
- Gross operating margin -€20,326
down €20,326 (-4.9%), from €412,098 to €391,772
- Staff costs +€19,269
up €19,269 (+5.1%), from €376,290 to €395,559
- Depreciation +€8,336
up €8,336 (+18.4%), from €45,243 to €53,579
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 | €576,790 | €458,409 | -€118,381 | -20.5% |
| Fixed assets | 21/28 | €160,221 | €116,704 | -€43,517 | -27.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €160,006 | €116,489 | -€43,517 | -27.2% |
| Plant, machinery and equipment | 23 | €66,417 | €49,181 | -€17,236 | -26.0% |
| Furniture and vehicles | 24 | €93,589 | €67,309 | -€26,281 | -28.1% |
| Financial fixed assets | 28 | €215 | €215 | = | 0.0% |
| Current assets | 29/58 | €416,569 | €341,705 | -€74,864 | -18.0% |
| Stocks and contracts in progress | 3 | €41,800 | €36,350 | -€5,450 | -13.0% |
| Stocks | 30/36 | €41,800 | €36,350 | -€5,450 | -13.0% |
| Amounts receivable within one year | 40/41 | €26,111 | €6,814 | -€19,297 | -73.9% |
| Trade receivables | 40 | €3,977 | €6,374 | +€2,398 | +60.3% |
| Other amounts receivable | 41 | €22,134 | €440 | -€21,694 | -98.0% |
| Cash at bank and in hand | 54/58 | €316,729 | €272,094 | -€44,634 | -14.1% |
| Deferred charges and accrued income | 490/1 | €31,929 | €26,446 | -€5,483 | -17.2% |
| Total equity and liabilities | 10/49 | €576,790 | €458,409 | -€118,381 | -20.5% |
| Equity | 10/15 | €104,790 | €36,907 | -€67,883 | -64.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €97,840 | €97,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €511 | €511 | = | 0.0% |
| Distributable reserves | 133 | €91,129 | €91,129 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,050 | -€122,932 | -€67,883 | -123% |
| Amounts payable | 17/49 | €472,000 | €421,502 | -€50,498 | -10.7% |
| Amounts payable after more than one year | 17 | €81,229 | €57,108 | -€24,121 | -29.7% |
| Financial debts | 170/4 | €81,229 | €57,108 | -€24,121 | -29.7% |
| Amounts payable within one year | 42/48 | €390,771 | €364,394 | -€26,377 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €28,152 | €24,121 | -€4,030 | -14.3% |
| Trade debts | 44 | €274,264 | €243,926 | -€30,338 | -11.1% |
| Suppliers | 440/4 | €274,264 | €243,926 | -€30,338 | -11.1% |
| Taxes, remuneration and social security | 45 | €88,355 | €96,347 | +€7,991 | +9.0% |
| Taxes | 450/3 | €12,667 | €15,464 | +€2,797 | +22.1% |
| Remuneration and social security | 454/9 | €75,688 | €80,883 | +€5,195 | +6.9% |
| Remuneration, social security and pensions | 62 | €376,290 | €395,559 | +€19,269 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,243 | €53,579 | +€8,336 | +18.4% |
| Other operating charges | 640/8 | €1,563 | €738 | -€825 | -52.8% |
| Gross operating margin | 9900 | €412,098 | €391,772 | -€20,326 | -4.9% |
| Operating profit (loss) | 9901 | -€10,998 | -€58,104 | -€47,106 | -428% |
| Financial income | 75/76B | €2 | €44 | +€42 | +2,467% |
| Recurring financial income | 75 | €2 | €44 | +€42 | +2,467% |
| Financial charges | 65/66B | €7,610 | €8,938 | +€1,328 | +17.5% |
| Recurring financial charges | 65 | €7,610 | €8,938 | +€1,328 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,606 | -€66,999 | -€48,393 | -260% |
| Income taxes | 67/77 | €734 | €884 | +€150 | +20.5% |
| Profit (loss) for the period | 9904 | -€19,340 | -€67,883 | -€48,543 | -251% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,340 | -€67,883 | -€48,543 | -251% |
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 24 October 2026 via checked.be.