VIEWZ: what changed
Two fiscal 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.
VIEWZ
Largest movements
- Cash +€56,407
up €56,407 (+64.9%), from €86,915 to €143,323
mainly Trade debts (+€74,867) and Depreciation (+€11,957)
- Receivables within one year +€26,348
up €26,348 (+19.4%), from €135,797 to €162,145
of which Trade receivables: +€27,970
- Tangible fixed assets -€10,570
down €10,570 (-30.5%), from €34,686 to €24,116
of which Furniture and vehicles: -€9,007
- Deferred charges and accrued income -€6,334
down €6,334 (-76.3%), from €8,300 to €1,966
- Trade debts +€74,867
up €74,867 (+109.9%), from €68,120 to €142,986
- Tax, wage and social debts -€4,142
down €4,142 (-12.9%), from €32,110 to €27,968
of which Taxes: -€4,801
- Debts after one year -€3,931
down €3,931 (-23.5%), from €16,762 to €12,831
- Other debts -€3,823
down €3,823 (-18.0%), from €21,234 to €17,411
- Profit (loss) carried forward +€3,688
up €3,688 (+3.2%), from €116,761 to €120,449
- Gross operating margin -€4,144
down €4,144 (-2.8%), from €147,449 to €143,305
- Staff costs +€2,166
up €2,166 (+1.8%), from €122,131 to €124,297
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 | €265,699 | €331,550 | +€65,851 | +24.8% |
| Fixed assets | 21/28 | €34,686 | €24,116 | -€10,570 | -30.5% |
| Tangible fixed assets | 22/27 | €34,686 | €24,116 | -€10,570 | -30.5% |
| Plant, machinery and equipment | 23 | €98 | €0 | -€98 | -100.0% |
| Furniture and vehicles | 24 | €20,675 | €11,668 | -€9,007 | -43.6% |
| Other tangible fixed assets | 26 | €13,913 | €12,448 | -€1,466 | -10.5% |
| Current assets | 29/58 | €231,012 | €307,434 | +€76,421 | +33.1% |
| Amounts receivable within one year | 40/41 | €135,797 | €162,145 | +€26,348 | +19.4% |
| Trade receivables | 40 | €134,083 | €162,053 | +€27,970 | +20.9% |
| Other amounts receivable | 41 | €1,714 | €92 | -€1,622 | -94.7% |
| Cash at bank and in hand | 54/58 | €86,915 | €143,323 | +€56,407 | +64.9% |
| Deferred charges and accrued income | 490/1 | €8,300 | €1,966 | -€6,334 | -76.3% |
| Total equity and liabilities | 10/49 | €265,699 | €331,550 | +€65,851 | +24.8% |
| Equity | 10/15 | €121,162 | €124,850 | +€3,688 | +3.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €401 | €401 | = | 0.0% |
| Distributable reserves | 133 | €401 | €401 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,761 | €120,449 | +€3,688 | +3.2% |
| Amounts payable | 17/49 | €144,537 | €206,700 | +€62,163 | +43.0% |
| Amounts payable after more than one year | 17 | €16,762 | €12,831 | -€3,931 | -23.5% |
| Financial debts | 170/4 | €16,762 | €12,831 | -€3,931 | -23.5% |
| Amounts payable within one year | 42/48 | €127,775 | €192,296 | +€64,521 | +50.5% |
| Current portion of amounts payable after more than one year | 42 | €6,311 | €3,931 | -€2,380 | -37.7% |
| Trade debts | 44 | €68,120 | €142,986 | +€74,867 | +109.9% |
| Suppliers | 440/4 | €68,120 | €142,986 | +€74,867 | +109.9% |
| Taxes, remuneration and social security | 45 | €32,110 | €27,968 | -€4,142 | -12.9% |
| Taxes | 450/3 | €19,842 | €15,041 | -€4,801 | -24.2% |
| Remuneration and social security | 454/9 | €12,268 | €12,927 | +€658 | +5.4% |
| Other amounts payable | 47/48 | €21,234 | €17,411 | -€3,823 | -18.0% |
| Accrued charges and deferred income | 492/3 | - | €1,572 | +€1,572 | |
| Remuneration, social security and pensions | 62 | €122,131 | €124,297 | +€2,166 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,699 | €11,957 | -€742 | -5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €641 | €657 | +€16 | +2.5% |
| Gross operating margin | 9900 | €147,449 | €143,305 | -€4,144 | -2.8% |
| Operating profit (loss) | 9901 | €11,978 | €6,394 | -€5,584 | -46.6% |
| Financial income | 75/76B | €234 | €1,319 | +€1,085 | +464.3% |
| Recurring financial income | 75 | €234 | €1,319 | +€1,085 | +464.3% |
| Financial charges | 65/66B | €849 | €920 | +€71 | +8.3% |
| Recurring financial charges | 65 | €849 | €920 | +€71 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €11,363 | €6,793 | -€4,570 | -40.2% |
| Income taxes | 67/77 | €3,379 | €3,105 | -€275 | -8.1% |
| Profit (loss) for the period | 9904 | €7,983 | €3,688 | -€4,295 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,983 | €3,688 | -€4,295 | -53.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.