Objectif Vision 4130: 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.
Objectif Vision 4130
Largest movements
- Cash +€6,498
up €6,498 (+43.1%), from €15,091 to €21,589
mainly Net result for the year (+€32,311) and Other debts (+€4,217)
- Stocks and contracts +€4,262
up €4,262 (+12.0%), from €35,557 to €39,819
- Profit (loss) carried forward +€22,311
up €22,311 (+19.8%), from €112,496 to €134,807
- Debts after one year -€22,009
down €22,009 (-62.7%), from €35,106 to €13,096
- Reserves +€10,000
up €10,000 (+145.8%), from €6,860 to €16,860
of which Distributable reserves: +€10,000
- Tax, wage and social debts -€4,268
down €4,268 (-25.9%), from €16,448 to €12,180
of which Taxes: -€3,775
- Other debts +€4,217
up €4,217 (+5.7%), from €74,129 to €78,346
- Gross operating margin +€10,355
up €10,355 (+11.7%), from €88,826 to €99,182
- Staff costs +€2,843
up €2,843 (+6.4%), from €44,184 to €47,028
- Taxes +€2,470
up €2,470 (+33.4%), from €7,388 to €9,858
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 | €312,294 | €325,277 | +€12,983 | +4.2% |
| Fixed assets | 21/28 | €252,119 | €250,947 | -€1,172 | -0.5% |
| Tangible fixed assets | 22/27 | €22,119 | €20,947 | -€1,172 | -5.3% |
| Land and buildings | 22 | €20,852 | €19,863 | -€989 | -4.7% |
| Plant, machinery and equipment | 23 | €1,267 | €1,084 | -€182 | -14.4% |
| Financial fixed assets | 28 | €230,000 | €230,000 | = | 0.0% |
| Current assets | 29/58 | €60,175 | €74,330 | +€14,155 | +23.5% |
| Stocks and contracts in progress | 3 | €35,557 | €39,819 | +€4,262 | +12.0% |
| Stocks | 30/36 | €35,557 | €39,819 | +€4,262 | +12.0% |
| Amounts receivable within one year | 40/41 | €8,350 | €10,128 | +€1,779 | +21.3% |
| Trade receivables | 40 | €3,150 | €4,356 | +€1,206 | +38.3% |
| Other amounts receivable | 41 | €5,200 | €5,772 | +€572 | +11.0% |
| Cash at bank and in hand | 54/58 | €15,091 | €21,589 | +€6,498 | +43.1% |
| Deferred charges and accrued income | 490/1 | €1,177 | €2,793 | +€1,616 | +137.3% |
| Total equity and liabilities | 10/49 | €312,294 | €325,277 | +€12,983 | +4.2% |
| Equity | 10/15 | €137,956 | €170,267 | +€32,311 | +23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,860 | €16,860 | +€10,000 | +145.8% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €11,860 | +€10,000 | +537.6% |
| Profit (loss) carried forward | 14 | €112,496 | €134,807 | +€22,311 | +19.8% |
| Amounts payable | 17/49 | €174,338 | €155,010 | -€19,328 | -11.1% |
| Amounts payable after more than one year | 17 | €35,106 | €13,096 | -€22,009 | -62.7% |
| Financial debts | 170/4 | €35,106 | €13,096 | -€22,009 | -62.7% |
| Amounts payable within one year | 42/48 | €139,232 | €141,914 | +€2,682 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €21,464 | €22,009 | +€546 | +2.5% |
| Trade debts | 44 | €27,191 | €27,432 | +€241 | +0.9% |
| Suppliers | 440/4 | €27,191 | €27,432 | +€241 | +0.9% |
| Advances received on contracts in progress | 46 | - | €1,946 | +€1,946 | |
| Taxes, remuneration and social security | 45 | €16,448 | €12,180 | -€4,268 | -25.9% |
| Taxes | 450/3 | €7,066 | €3,292 | -€3,775 | -53.4% |
| Remuneration and social security | 454/9 | €9,381 | €8,888 | -€493 | -5.3% |
| Other amounts payable | 47/48 | €74,129 | €78,346 | +€4,217 | +5.7% |
| Remuneration, social security and pensions | 62 | €44,184 | €47,028 | +€2,843 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €1,172 | = | 0.0% |
| Other operating charges | 640/8 | €2,044 | €2,454 | +€410 | +20.1% |
| Gross operating margin | 9900 | €88,826 | €99,182 | +€10,355 | +11.7% |
| Operating profit (loss) | 9901 | €41,427 | €48,529 | +€7,102 | +17.1% |
| Financial income | 75/76B | €302 | €313 | +€11 | +3.7% |
| Recurring financial income | 75 | €302 | €313 | +€11 | +3.7% |
| Financial charges | 65/66B | €7,531 | €6,673 | -€857 | -11.4% |
| Recurring financial charges | 65 | €7,531 | €6,673 | -€857 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €34,198 | €42,169 | +€7,970 | +23.3% |
| Income taxes | 67/77 | €7,388 | €9,858 | +€2,470 | +33.4% |
| Profit (loss) for the period | 9904 | €26,810 | €32,311 | +€5,500 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,810 | €32,311 | +€5,500 | +20.5% |
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 10 October 2026 via checked.be.