DE VISU: what changed
Two fiscal 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 VISU
Largest movements
- Cash -€11,816
down €11,816 (-48.5%), from €24,350 to €12,534
mainly Net result for the year (-€29,842) and Receivables within one year (-€2,015)
- Tangible fixed assets -€9,807
down €9,807 (-42.9%), from €22,874 to €13,067
of which Plant, machinery and equipment: -€5,512
- Receivables within one year +€2,015
up €2,015 (+84.4%), from €2,388 to €4,403
of which Trade receivables: +€1,533
- Profit (loss) carried forward -€29,842
down €29,842 (-16.0%), from -€186,012 to -€215,854
- Other debts +€12,039
up €12,039 (+5.2%), from €230,352 to €242,391
- Trade debts -€1,805
down €1,805 (-47.9%), from €3,772 to €1,967
- Gross operating margin -€16,133
down €16,133 (-622.2%), from -€2,593 to -€18,726
- Other operating charges -€1,862
no longer reported in 2024 (was €1,862)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,612 | €30,004 | -€19,608 | -39.5% |
| Fixed assets | 21/28 | €22,874 | €13,067 | -€9,807 | -42.9% |
| Tangible fixed assets | 22/27 | €22,874 | €13,067 | -€9,807 | -42.9% |
| Plant, machinery and equipment | 23 | €17,459 | €11,947 | -€5,512 | -31.6% |
| Furniture and vehicles | 24 | €5,415 | €1,120 | -€4,295 | -79.3% |
| Current assets | 29/58 | €26,738 | €16,937 | -€9,801 | -36.7% |
| Amounts receivable within one year | 40/41 | €2,388 | €4,403 | +€2,015 | +84.4% |
| Trade receivables | 40 | €751 | €2,284 | +€1,533 | +204.2% |
| Other amounts receivable | 41 | €1,637 | €2,119 | +€482 | +29.4% |
| Cash at bank and in hand | 54/58 | €24,350 | €12,534 | -€11,816 | -48.5% |
| Total equity and liabilities | 10/49 | €49,612 | €30,004 | -€19,608 | -39.5% |
| Equity | 10/15 | -€184,512 | -€214,354 | -€29,842 | -16.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€186,012 | -€215,854 | -€29,842 | -16.0% |
| Amounts payable | 17/49 | €234,124 | €244,358 | +€10,234 | +4.4% |
| Amounts payable within one year | 42/48 | €234,124 | €244,358 | +€10,234 | +4.4% |
| Trade debts | 44 | €3,772 | €1,967 | -€1,805 | -47.9% |
| Suppliers | 440/4 | €3,772 | €1,967 | -€1,805 | -47.9% |
| Other amounts payable | 47/48 | €230,352 | €242,391 | +€12,039 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,115 | €10,116 | +€1 | 0.0% |
| Other operating charges | 640/8 | €1,862 | - | -€1,862 | |
| Gross operating margin | 9900 | -€2,593 | -€18,726 | -€16,133 | -622.2% |
| Operating profit (loss) | 9901 | -€14,570 | -€28,842 | -€14,272 | -98.0% |
| Financial income | 75/76B | €147 | €11 | -€136 | -92.6% |
| Recurring financial income | 75 | €147 | €11 | -€136 | -92.6% |
| Financial charges | 65/66B | €1,195 | €1,011 | -€184 | -15.4% |
| Recurring financial charges | 65 | €1,195 | €1,011 | -€184 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,618 | -€29,842 | -€14,224 | -91.1% |
| Income taxes | 67/77 | €9 | - | -€9 | |
| Profit (loss) for the period | 9904 | -€15,627 | -€29,842 | -€14,215 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,627 | -€29,842 | -€14,215 | -91.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.