GLOBAL VISIONNAIRE YR: what changed
GLOBAL VISIONNAIRE YR
Largest movements
- Receivables after one year +€30,406
up €30,406 (+15.0%), from €203,291 to €233,696
- Tangible fixed assets -€9,415
down €9,415 (-24.4%), from €38,665 to €29,249
of which Furniture and vehicles: -€5,432
- Cash +€3,249
up €3,249 (+735%), from €442 to €3,691
mainly Other debts (+€28,333) and Net result for the year (+€25,483)
- Other debts +€28,333
new in 2025: €28,333
- Profit (loss) carried forward -€7,850
down €7,850 (-3.6%), from €216,081 to €208,231
- Staff costs -€45,955
no longer reported in 2025 (was €45,955)
- Taxes +€12,689
up €12,689 (+1,672%), from €759 to €13,448
- Gross operating margin -€6,413
down €6,413 (-12.0%), from €53,461 to €47,048
- Depreciation +€1,488
up €1,488 (+18.8%), from €7,927 to €9,415
- Financial income +€1,415
up €1,415 (+14,149,900%), from €0 to €1,415
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,373 | €302,310 | +€22,938 | +8.2% |
| Fixed assets | 21/28 | €50,304 | €40,888 | -€9,415 | -18.7% |
| Tangible fixed assets | 22/27 | €38,665 | €29,249 | -€9,415 | -24.4% |
| Plant, machinery and equipment | 23 | €10,599 | €8,116 | -€2,483 | -23.4% |
| Furniture and vehicles | 24 | €17,612 | €12,181 | -€5,432 | -30.8% |
| Other tangible fixed assets | 26 | €10,453 | €8,953 | -€1,500 | -14.3% |
| Financial fixed assets | 28 | €11,639 | €11,639 | = | 0.0% |
| Current assets | 29/58 | €229,069 | €261,422 | +€32,353 | +14.1% |
| Amounts receivable after more than one year | 29 | €203,291 | €233,696 | +€30,406 | +15.0% |
| Other amounts receivable | 291 | €203,291 | €233,696 | +€30,406 | +15.0% |
| Amounts receivable within one year | 40/41 | - | €671 | +€671 | |
| Trade receivables | 40 | - | €671 | +€671 | |
| Cash at bank and in hand | 54/58 | €442 | €3,691 | +€3,249 | +735% |
| Deferred charges and accrued income | 490/1 | €25,337 | €23,363 | -€1,974 | -7.8% |
| Total equity and liabilities | 10/49 | €279,373 | €302,310 | +€22,938 | +8.2% |
| Equity | 10/15 | €221,081 | €213,231 | -€7,850 | -3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,081 | €208,231 | -€7,850 | -3.6% |
| Amounts payable | 17/49 | €58,292 | €89,079 | +€30,788 | +52.8% |
| Amounts payable within one year | 42/48 | €58,292 | €89,079 | +€30,788 | +52.8% |
| Trade debts | 44 | €9,724 | €10,038 | +€314 | +3.2% |
| Suppliers | 440/4 | €9,724 | €10,038 | +€314 | +3.2% |
| Taxes, remuneration and social security | 45 | €48,568 | €50,708 | +€2,140 | +4.4% |
| Taxes | 450/3 | €47,589 | €50,708 | +€3,119 | +6.6% |
| Remuneration and social security | 454/9 | €979 | - | -€979 | |
| Other amounts payable | 47/48 | - | €28,333 | +€28,333 | |
| Remuneration, social security and pensions | 62 | €45,955 | - | -€45,955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,927 | €9,415 | +€1,488 | +18.8% |
| Other operating charges | 640/8 | €676 | €371 | -€305 | -45.2% |
| Non-recurring operating charges | 66A | €1,944 | - | -€1,944 | |
| Gross operating margin | 9900 | €53,461 | €47,048 | -€6,413 | -12.0% |
| Operating profit (loss) | 9901 | -€3,040 | €37,262 | +€40,303 | |
| Financial income | 75/76B | €0 | €1,415 | +€1,415 | +14,149,900% |
| Recurring financial income | 75 | €0 | €1,415 | +€1,415 | +14,149,900% |
| Financial charges | 65/66B | €162 | -€254 | -€416 | |
| Recurring financial charges | 65 | €162 | -€254 | -€416 | |
| Profit (loss) for the period before taxes | 9903 | -€3,202 | €38,932 | +€42,134 | |
| Income taxes | 67/77 | €759 | €13,448 | +€12,689 | +1,672% |
| Profit (loss) for the period | 9904 | -€3,961 | €25,483 | +€29,444 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,961 | €25,483 | +€29,444 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.