New Vision 22: 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.
New Vision 22
Largest movements
- Receivables after one year +€746,110
new in 2025: €746,110
- Receivables within one year -€380,113
down €380,113 (-42.6%), from €891,999 to €511,886
of which Other amounts receivable: -€417,873
- Contributions +€746,110
up €746,110 (+144%), from €518,600 to €1.3m
- Other debts -€421,708
down €421,708 (-100%), from €421,708 to €0
- Reserves +€153,533
up €153,533 (+44.2%), from €347,460 to €500,993
of which Distributable reserves: +€153,533
- Debts after one year -€84,438
down €84,438 (-15.9%), from €532,368 to €447,930
- Profit (loss) carried forward -€46,920
down €46,920 (-100%), from €46,920 to €0
- Gross operating margin +€167,452
up €167,452 (+114%), from €146,518 to €313,970
- Staff costs +€107,288
new in 2025: €107,288
- Depreciation +€8,266
up €8,266 (+9.9%), from €83,892 to €92,158
- Financial income +€6,707
new in 2025: €6,707
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 | €1,978,022 | €2,340,877 | +€362,855 | +18.3% |
| Fixed assets | 21/28 | €1,031,345 | €1,030,085 | -€1,259 | -0.1% |
| Intangible fixed assets | 21 | €7,230 | €0 | -€7,230 | -100% |
| Tangible fixed assets | 22/27 | €1,024,115 | €1,030,085 | +€5,971 | +0.6% |
| Furniture and vehicles | 24 | - | €40,451 | +€40,451 | |
| Other tangible fixed assets | 26 | €1,024,115 | €989,634 | -€34,481 | -3.4% |
| Current assets | 29/58 | €946,678 | €1,310,792 | +€364,115 | +38.5% |
| Amounts receivable after more than one year | 29 | - | €746,110 | +€746,110 | |
| Other amounts receivable | 291 | - | €746,110 | +€746,110 | |
| Amounts receivable within one year | 40/41 | €891,999 | €511,886 | -€380,113 | -42.6% |
| Trade receivables | 40 | - | €37,760 | +€37,760 | |
| Other amounts receivable | 41 | €891,999 | €474,127 | -€417,873 | -46.8% |
| Cash at bank and in hand | 54/58 | €51,567 | €44,228 | -€7,339 | -14.2% |
| Deferred charges and accrued income | 490/1 | €3,112 | €8,568 | +€5,456 | +175% |
| Total equity and liabilities | 10/49 | €1,978,022 | €2,340,877 | +€362,855 | +18.3% |
| Equity | 10/15 | €912,980 | €1,765,703 | +€852,723 | +93.4% |
| Contributions | 10/11 | €518,600 | €1,264,710 | +€746,110 | +144% |
| Reserves | 13 | €347,460 | €500,993 | +€153,533 | +44.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €345,600 | €499,133 | +€153,533 | +44.4% |
| Profit (loss) carried forward | 14 | €46,920 | €0 | -€46,920 | -100% |
| Amounts payable | 17/49 | €1,065,042 | €575,174 | -€489,868 | -46.0% |
| Amounts payable after more than one year | 17 | €532,368 | €447,930 | -€84,438 | -15.9% |
| Financial debts | 170/4 | €532,368 | €447,930 | -€84,438 | -15.9% |
| Amounts payable within one year | 42/48 | €506,112 | €100,011 | -€406,101 | -80.2% |
| Current portion of amounts payable after more than one year | 42 | €84,404 | €84,438 | +€34 | 0.0% |
| Trade debts | 44 | - | €4,315 | +€4,315 | |
| Suppliers | 440/4 | - | €4,315 | +€4,315 | |
| Taxes, remuneration and social security | 45 | - | €11,257 | +€11,257 | |
| Taxes | 450/3 | - | €300 | +€300 | |
| Remuneration and social security | 454/9 | - | €10,957 | +€10,957 | |
| Other amounts payable | 47/48 | €421,708 | €0 | -€421,708 | -100% |
| Accrued charges and deferred income | 492/3 | €26,563 | €27,234 | +€671 | +2.5% |
| Remuneration, social security and pensions | 62 | - | €107,288 | +€107,288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,892 | €92,158 | +€8,266 | +9.9% |
| Other operating charges | 640/8 | €7,064 | €7,466 | +€402 | +5.7% |
| Gross operating margin | 9900 | €146,518 | €313,970 | +€167,452 | +114% |
| Operating profit (loss) | 9901 | €55,562 | €107,058 | +€51,496 | +92.7% |
| Financial income | 75/76B | - | €6,707 | +€6,707 | |
| Recurring financial income | 75 | - | €6,707 | +€6,707 | |
| Financial charges | 65/66B | €8,642 | €7,063 | -€1,580 | -18.3% |
| Recurring financial charges | 65 | €8,642 | €7,063 | -€1,580 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €46,920 | €106,702 | +€59,782 | +127% |
| Income taxes | 67/77 | - | €89 | +€89 | |
| Profit (loss) for the period | 9904 | €46,920 | €106,613 | +€59,693 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €46,920 | €106,613 | +€59,693 | +127% |
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.