NVisions: 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.
NVisions
Largest movements
- Cash +€75,072
up €75,072 (+486.9%), from €15,417 to €90,489
mainly Net result for the year (+€68,388) and Tax, wage and social debts (+€19,526)
- Intangible fixed assets +€9,773
new in 2025: €9,773
- Receivables within one year -€3,876
down €3,876 (-23.5%), from €16,517 to €12,641
of which Trade receivables: -€8,434
- Tangible fixed assets +€1,273
up €1,273 (+207.0%), from €615 to €1,888
- Profit (loss) carried forward +€68,388
up €68,388 (+446.7%), from €15,309 to €83,698
- Tax, wage and social debts +€19,526
up €19,526 (+213.9%), from €9,129 to €28,655
- Other debts -€3,330
no longer reported in 2025 (was €3,330)
- Trade debts -€2,193
down €2,193 (-95.8%), from €2,290 to €97
- Gross operating margin +€70,302
up €70,302 (+364.2%), from €19,303 to €89,605
- Taxes +€14,070
up €14,070 (+361.3%), from €3,894 to €17,964
- Depreciation +€3,076
up €3,076 (+8082.9%), from €38 to €3,114
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 | €32,558 | €114,950 | +€82,392 | +253.1% |
| Fixed assets | 21/28 | €615 | €11,661 | +€11,046 | +1796.3% |
| Intangible fixed assets | 21 | - | €9,773 | +€9,773 | |
| Tangible fixed assets | 22/27 | €615 | €1,888 | +€1,273 | +207.0% |
| Plant, machinery and equipment | 23 | €615 | €1,888 | +€1,273 | +207.0% |
| Current assets | 29/58 | €31,943 | €103,289 | +€71,346 | +223.4% |
| Amounts receivable within one year | 40/41 | €16,517 | €12,641 | -€3,876 | -23.5% |
| Trade receivables | 40 | €16,517 | €8,082 | -€8,434 | -51.1% |
| Other amounts receivable | 41 | - | €4,558 | +€4,558 | |
| Cash at bank and in hand | 54/58 | €15,417 | €90,489 | +€75,072 | +486.9% |
| Deferred charges and accrued income | 490/1 | €9 | €160 | +€150 | +1590.7% |
| Total equity and liabilities | 10/49 | €32,558 | €114,950 | +€82,392 | +253.1% |
| Equity | 10/15 | €17,809 | €86,198 | +€68,388 | +384.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,309 | €83,698 | +€68,388 | +446.7% |
| Amounts payable | 17/49 | €14,749 | €28,752 | +€14,003 | +94.9% |
| Amounts payable within one year | 42/48 | €14,749 | €28,752 | +€14,003 | +94.9% |
| Trade debts | 44 | €2,290 | €97 | -€2,193 | -95.8% |
| Suppliers | 440/4 | €2,290 | €97 | -€2,193 | -95.8% |
| Taxes, remuneration and social security | 45 | €9,129 | €28,655 | +€19,526 | +213.9% |
| Taxes | 450/3 | €9,129 | €28,655 | +€19,526 | +213.9% |
| Other amounts payable | 47/48 | €3,330 | - | -€3,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38 | €3,114 | +€3,076 | +8082.9% |
| Other operating charges | 640/8 | €51 | €55 | +€4 | +7.0% |
| Gross operating margin | 9900 | €19,303 | €89,605 | +€70,302 | +364.2% |
| Operating profit (loss) | 9901 | €19,214 | €86,436 | +€67,222 | +349.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €10 | €83 | +€73 | +725.4% |
| Recurring financial charges | 65 | €10 | €83 | +€73 | +725.4% |
| Profit (loss) for the period before taxes | 9903 | €19,204 | €86,353 | +€67,149 | +349.7% |
| Income taxes | 67/77 | €3,894 | €17,964 | +€14,070 | +361.3% |
| Profit (loss) for the period | 9904 | €15,309 | €68,388 | +€53,079 | +346.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,309 | €68,388 | +€53,079 | +346.7% |
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 9 October 2026 via checked.be.