LA VISTE: 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.
LA VISTE
Largest movements
- Receivables within one year +€30,315
up €30,315 (+119.8%), from €25,314 to €55,629
of which Other amounts receivable: +€25,456
- Tangible fixed assets -€15,757
down €15,757 (-8.3%), from €189,317 to €173,560
of which Land and buildings: -€15,188
- Cash +€7,486
up €7,486 (+281.0%), from €2,664 to €10,150
mainly Trade debts (+€25,174) and Depreciation (+€15,756)
- Trade debts +€25,174
up €25,174 (+4408.8%), from €571 to €25,745
- Reserves -€11,549
down €11,549 (-10.4%), from €110,902 to €99,353
of which Tax-exempt reserves: -€11,548
- Profit (loss) carried forward +€9,063
up €9,063 (+16.9%), from -€53,696 to -€44,633
- Tax, wage and social debts +€7,983
up €7,983 (+225.4%), from €3,542 to €11,525
- Provisions -€5,949
down €5,949 (-13.9%), from €42,802 to €36,853
- Gross operating margin -€2,614
down €2,614 (-22.0%), from €11,858 to €9,244
- Taxes -€1,991
no longer reported in 2025 (was €1,991)
- Depreciation +€425
up €425 (+2.8%), from €15,331 to €15,756
- Financial income +€313
new in 2025: €313
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.
Cash bridge derived
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 | €230,245 | €252,577 | +€22,332 | +9.7% |
| Fixed assets | 21/28 | €189,317 | €173,560 | -€15,757 | -8.3% |
| Tangible fixed assets | 22/27 | €189,317 | €173,560 | -€15,757 | -8.3% |
| Land and buildings | 22 | €187,754 | €172,566 | -€15,188 | -8.1% |
| Furniture and vehicles | 24 | €1,018 | €647 | -€371 | -36.4% |
| Other tangible fixed assets | 26 | €545 | €347 | -€198 | -36.3% |
| Current assets | 29/58 | €40,928 | €79,017 | +€38,089 | +93.1% |
| Stocks and contracts in progress | 3 | €12,950 | €12,597 | -€353 | -2.7% |
| Stocks | 30/36 | €12,950 | €12,597 | -€353 | -2.7% |
| Amounts receivable within one year | 40/41 | €25,314 | €55,629 | +€30,315 | +119.8% |
| Trade receivables | 40 | - | €4,859 | +€4,859 | |
| Other amounts receivable | 41 | €25,314 | €50,770 | +€25,456 | +100.6% |
| Cash at bank and in hand | 54/58 | €2,664 | €10,150 | +€7,486 | +281.0% |
| Deferred charges and accrued income | 490/1 | - | €641 | +€641 | |
| Total equity and liabilities | 10/49 | €230,245 | €252,577 | +€22,332 | +9.7% |
| Equity | 10/15 | €119,206 | €116,720 | -€2,486 | -2.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €110,902 | €99,353 | -€11,549 | -10.4% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €83,087 | €71,539 | -€11,548 | -13.9% |
| Distributable reserves | 133 | €24,716 | €24,715 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€53,696 | -€44,633 | +€9,063 | +16.9% |
| Provisions and deferred taxes | 16 | €42,802 | €36,853 | -€5,949 | -13.9% |
| Deferred taxes | 168 | €42,802 | €36,853 | -€5,949 | -13.9% |
| Amounts payable | 17/49 | €68,237 | €99,004 | +€30,767 | +45.1% |
| Amounts payable after more than one year | 17 | €54,510 | €48,937 | -€5,573 | -10.2% |
| Financial debts | 170/4 | €54,510 | €48,937 | -€5,573 | -10.2% |
| Amounts payable within one year | 42/48 | €13,727 | €50,067 | +€36,340 | +264.7% |
| Current portion of amounts payable after more than one year | 42 | €5,473 | €5,573 | +€100 | +1.8% |
| Trade debts | 44 | €571 | €25,745 | +€25,174 | +4408.8% |
| Suppliers | 440/4 | €571 | €25,745 | +€25,174 | +4408.8% |
| Taxes, remuneration and social security | 45 | €3,542 | €11,525 | +€7,983 | +225.4% |
| Taxes | 450/3 | €3,542 | €11,525 | +€7,983 | +225.4% |
| Other amounts payable | 47/48 | €4,141 | €7,224 | +€3,083 | +74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,331 | €15,756 | +€425 | +2.8% |
| Other operating charges | 640/8 | €776 | €789 | +€13 | +1.7% |
| Gross operating margin | 9900 | €11,858 | €9,244 | -€2,614 | -22.0% |
| Operating profit (loss) | 9901 | -€4,249 | -€7,301 | -€3,052 | -71.8% |
| Financial income | 75/76B | - | €313 | +€313 | |
| Recurring financial income | 75 | - | €313 | +€313 | |
| Financial charges | 65/66B | €1,501 | €1,447 | -€54 | -3.6% |
| Recurring financial charges | 65 | €1,501 | €1,447 | -€54 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,750 | -€8,435 | -€2,685 | -46.7% |
| Transfer from deferred taxes | 780 | €5,949 | €5,949 | = | 0.0% |
| Income taxes | 67/77 | €1,991 | - | -€1,991 | |
| Profit (loss) for the period | 9904 | -€1,792 | -€2,486 | -€694 | -38.7% |
| Transfer from tax-exempt reserves | 789 | €11,549 | €11,549 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,757 | €9,063 | -€694 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.