’t Vissershof: 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.
’t Vissershof
Largest movements
- Receivables within one year -€34,952
down €34,952 (-72.1%), from €48,459 to €13,507
of which Trade receivables: -€39,850
- Cash +€12,405
up €12,405 (+389%), from €3,187 to €15,593
mainly Debts after one year (+€81,041) and Receivables within one year (+€34,952)
- Deferred charges and accrued income -€11,504
down €11,504 (-96.3%), from €11,952 to €447
- Tangible fixed assets -€5,571
down €5,571 (-9.1%), from €61,275 to €55,704
of which Plant, machinery and equipment: -€6,397
- Debts after one year +€81,041
new in 2025: €81,041
- Accrued charges and deferred income -€64,780
no longer reported in 2025 (was €64,780)
- Other debts -€33,841
down €33,841 (-66.5%), from €50,864 to €17,023
- Profit (loss) carried forward -€15,298
down €15,298 (-44.6%), from -€34,307 to -€49,605
- Trade debts -€15,100
down €15,100 (-38.0%), from €39,766 to €24,666
- Gross operating margin +€22,236
up €22,236 (+159%), from €13,955 to €36,191
- Financial income -€10,001
no longer reported in 2025 (was €10,001)
- Staff costs -€8,662
down €8,662 (-26.9%), from €32,248 to €23,586
- Depreciation +€4,358
up €4,358 (+23.5%), from €18,512 to €22,869
- Financial charges +€1,257
up €1,257 (+52.7%), from €2,386 to €3,644
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 | €128,879 | €89,111 | -€39,767 | -30.9% |
| Fixed assets | 21/28 | €61,561 | €55,990 | -€5,571 | -9.0% |
| Tangible fixed assets | 22/27 | €61,275 | €55,704 | -€5,571 | -9.1% |
| Plant, machinery and equipment | 23 | €22,573 | €16,176 | -€6,397 | -28.3% |
| Furniture and vehicles | 24 | €14,047 | €19,501 | +€5,454 | +38.8% |
| Other tangible fixed assets | 26 | €24,655 | €20,028 | -€4,628 | -18.8% |
| Financial fixed assets | 28 | €286 | €286 | = | 0.0% |
| Current assets | 29/58 | €67,318 | €33,122 | -€34,196 | -50.8% |
| Stocks and contracts in progress | 3 | €3,719 | €3,574 | -€145 | -3.9% |
| Stocks | 30/36 | €3,719 | €3,574 | -€145 | -3.9% |
| Amounts receivable within one year | 40/41 | €48,459 | €13,507 | -€34,952 | -72.1% |
| Trade receivables | 40 | €45,874 | €6,024 | -€39,850 | -86.9% |
| Other amounts receivable | 41 | €2,585 | €7,483 | +€4,898 | +189% |
| Cash at bank and in hand | 54/58 | €3,187 | €15,593 | +€12,405 | +389% |
| Deferred charges and accrued income | 490/1 | €11,952 | €447 | -€11,504 | -96.3% |
| Total equity and liabilities | 10/49 | €128,879 | €89,111 | -€39,767 | -30.9% |
| Equity | 10/15 | -€29,307 | -€44,605 | -€15,298 | -52.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,307 | -€49,605 | -€15,298 | -44.6% |
| Amounts payable | 17/49 | €158,186 | €133,716 | -€24,469 | -15.5% |
| Amounts payable after more than one year | 17 | - | €81,041 | +€81,041 | |
| Financial debts | 170/4 | - | €81,041 | +€81,041 | |
| Amounts payable within one year | 42/48 | €93,405 | €52,675 | -€40,730 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,341 | +€6,341 | |
| Trade debts | 44 | €39,766 | €24,666 | -€15,100 | -38.0% |
| Suppliers | 440/4 | €39,766 | €24,666 | -€15,100 | -38.0% |
| Taxes, remuneration and social security | 45 | €2,775 | €4,646 | +€1,870 | +67.4% |
| Taxes | 450/3 | €2,361 | - | -€2,361 | |
| Remuneration and social security | 454/9 | €415 | €4,646 | +€4,231 | +1,021% |
| Other amounts payable | 47/48 | €50,864 | €17,023 | -€33,841 | -66.5% |
| Accrued charges and deferred income | 492/3 | €64,780 | - | -€64,780 | |
| Remuneration, social security and pensions | 62 | €32,248 | €23,586 | -€8,662 | -26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,512 | €22,869 | +€4,358 | +23.5% |
| Other operating charges | 640/8 | €2,493 | €1,258 | -€1,235 | -49.5% |
| Non-recurring operating charges | 66A | €2,456 | - | -€2,456 | |
| Gross operating margin | 9900 | €13,955 | €36,191 | +€22,236 | +159% |
| Operating profit (loss) | 9901 | -€41,753 | -€11,522 | +€30,231 | +72.4% |
| Financial income | 75/76B | €10,001 | - | -€10,001 | |
| Recurring financial income | 75 | €10,001 | - | -€10,001 | |
| Financial charges | 65/66B | €2,386 | €3,644 | +€1,257 | +52.7% |
| Recurring financial charges | 65 | €2,386 | €3,644 | +€1,257 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | -€34,138 | -€15,166 | +€18,972 | +55.6% |
| Income taxes | 67/77 | €169 | €132 | -€37 | -21.7% |
| Profit (loss) for the period | 9904 | -€34,307 | -€15,298 | +€19,009 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,307 | -€15,298 | +€19,009 | +55.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.