VIEWTONE: 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.
VIEWTONE
Largest movements
- Stocks and contracts -€11,775
down €11,775 (-15.2%), from €77,404 to €65,629
- Tangible fixed assets -€3,055
down €3,055 (-63.2%), from €4,832 to €1,777
of which Furniture and vehicles: -€2,255
- Cash +€1,578
up €1,578 (+586.7%), from €269 to €1,846
mainly Stocks and contracts (+€11,775) and Depreciation (+€2,653)
- Receivables within one year -€1,521
down €1,521 (-30.3%), from €5,021 to €3,499
of which Other amounts receivable: -€1,346
- Deferred charges and accrued income -€1,494
down €1,494 (-100.0%), from €1,494 to €0
- Short-term financial debts -€12,239
down €12,239 (-95.1%), from €12,872 to €633
- Other debts -€4,025
down €4,025 (-11.0%), from €36,759 to €32,734
- Profit (loss) carried forward -€1,443
down €1,443 (-4.9%), from -€29,455 to -€30,898
- Tax, wage and social debts +€1,132
new in 2025: €1,132
- Gross operating margin -€2,590
down €2,590 (-39.0%), from €6,649 to €4,059
- Depreciation -€1,098
down €1,098 (-29.3%), from €3,751 to €2,653
- Taxes +€819
up €819 (+513.4%), from €160 to €979
- Financial charges -€488
down €488 (-28.1%), from €1,738 to €1,250
- Other operating charges -€324
down €324 (-34.3%), from €943 to €620
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 | €89,018 | €72,751 | -€16,267 | -18.3% |
| Fixed assets | 21/28 | €4,832 | €1,777 | -€3,055 | -63.2% |
| Tangible fixed assets | 22/27 | €4,832 | €1,777 | -€3,055 | -63.2% |
| Plant, machinery and equipment | 23 | €2,576 | €1,777 | -€800 | -31.0% |
| Furniture and vehicles | 24 | €2,255 | €0 | -€2,255 | -100.0% |
| Current assets | 29/58 | €84,187 | €70,975 | -€13,212 | -15.7% |
| Stocks and contracts in progress | 3 | €77,404 | €65,629 | -€11,775 | -15.2% |
| Stocks | 30/36 | €77,404 | €65,629 | -€11,775 | -15.2% |
| Amounts receivable within one year | 40/41 | €5,021 | €3,499 | -€1,521 | -30.3% |
| Trade receivables | 40 | €1,813 | €1,637 | -€175 | -9.7% |
| Other amounts receivable | 41 | €3,208 | €1,862 | -€1,346 | -42.0% |
| Cash at bank and in hand | 54/58 | €269 | €1,846 | +€1,578 | +586.7% |
| Deferred charges and accrued income | 490/1 | €1,494 | €0 | -€1,494 | -100.0% |
| Total equity and liabilities | 10/49 | €89,018 | €72,751 | -€16,267 | -18.3% |
| Equity | 10/15 | €33,018 | €31,575 | -€1,443 | -4.4% |
| 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 | €473 | €473 | = | 0.0% |
| Non-distributable reserves | 130/1 | €473 | €473 | = | 0.0% |
| Legal reserve | 130 | €473 | €473 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,455 | -€30,898 | -€1,443 | -4.9% |
| Amounts payable | 17/49 | €56,000 | €41,176 | -€14,824 | -26.5% |
| Amounts payable within one year | 42/48 | €56,000 | €41,176 | -€14,824 | -26.5% |
| Financial debts | 43 | €12,872 | €633 | -€12,239 | -95.1% |
| Credit institutions | 430/8 | €12,872 | €633 | -€12,239 | -95.1% |
| Trade debts | 44 | €6,369 | €6,677 | +€308 | +4.8% |
| Suppliers | 440/4 | €6,369 | €6,677 | +€308 | +4.8% |
| Taxes, remuneration and social security | 45 | - | €1,132 | +€1,132 | |
| Taxes | 450/3 | - | €1,132 | +€1,132 | |
| Other amounts payable | 47/48 | €36,759 | €32,734 | -€4,025 | -11.0% |
| Non-recurring operating income | 76A | - | €3,603 | +€3,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,751 | €2,653 | -€1,098 | -29.3% |
| Other operating charges | 640/8 | €943 | €620 | -€324 | -34.3% |
| Gross operating margin | 9900 | €6,649 | €4,059 | -€2,590 | -39.0% |
| Operating profit (loss) | 9901 | €1,954 | €786 | -€1,168 | -59.8% |
| Financial income | 75/76B | €323 | €0 | -€323 | -100.0% |
| Recurring financial income | 75 | €323 | €0 | -€323 | -100.0% |
| Financial charges | 65/66B | €1,738 | €1,250 | -€488 | -28.1% |
| Recurring financial charges | 65 | €1,738 | €1,250 | -€488 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €539 | -€464 | -€1,003 | |
| Income taxes | 67/77 | €160 | €979 | +€819 | +513.4% |
| Profit (loss) for the period | 9904 | €380 | -€1,443 | -€1,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €380 | -€1,443 | -€1,822 |
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.