Vis à Vis: 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.
Vis à Vis
Largest movements
- Cash -€12,947
down €12,947 (-83.1%), from €15,585 to €2,638
mainly Investment in fixed assets (net) (-€31,799) and Other debts (-€18,122)
- Stocks and contracts +€7,181
up €7,181 (+33.1%), from €21,680 to €28,861
- Deferred charges and accrued income +€3,092
up €3,092 (+697.4%), from €443 to €3,535
- Tangible fixed assets +€1,600
up €1,600 (+4.5%), from €35,576 to €37,176
of which Leasing and similar rights: +€10,880
- Profit (loss) carried forward +€27,963
up €27,963 (+46.3%), from -€60,373 to -€32,410
- Other debts -€18,122
down €18,122 (-81.2%), from €22,322 to €4,199
- Tax, wage and social debts -€12,281
down €12,281 (-57.1%), from €21,500 to €9,218
of which Remuneration and social security: -€15,028
- Current portion of long-term debt +€9,233
up €9,233 (+113.6%), from €8,127 to €17,360
- Trade debts -€9,201
down €9,201 (-42.6%), from €21,593 to €12,391
- Staff costs -€71,361
down €71,361 (-33.1%), from €215,800 to €144,439
- Depreciation +€9,667
up €9,667 (+47.1%), from €20,532 to €30,199
- Financial charges +€2,880
up €2,880 (+98.5%), from €2,923 to €5,804
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,468 | €80,050 | -€1,418 | -1.7% |
| Fixed assets | 21/28 | €35,576 | €37,176 | +€1,600 | +4.5% |
| Tangible fixed assets | 22/27 | €35,576 | €37,176 | +€1,600 | +4.5% |
| Land and buildings | 22 | €16,630 | €14,014 | -€2,616 | -15.7% |
| Plant, machinery and equipment | 23 | €13,281 | €11,617 | -€1,664 | -12.5% |
| Furniture and vehicles | 24 | €5,665 | €666 | -€5,000 | -88.3% |
| Leasing and similar rights | 25 | - | €10,880 | +€10,880 | |
| Current assets | 29/58 | €45,892 | €42,874 | -€3,018 | -6.6% |
| Stocks and contracts in progress | 3 | €21,680 | €28,861 | +€7,181 | +33.1% |
| Stocks | 30/36 | €21,680 | €28,861 | +€7,181 | +33.1% |
| Amounts receivable within one year | 40/41 | €8,184 | €7,840 | -€344 | -4.2% |
| Trade receivables | 40 | €1,412 | €2,450 | +€1,038 | +73.6% |
| Other amounts receivable | 41 | €6,772 | €5,390 | -€1,382 | -20.4% |
| Cash at bank and in hand | 54/58 | €15,585 | €2,638 | -€12,947 | -83.1% |
| Deferred charges and accrued income | 490/1 | €443 | €3,535 | +€3,092 | +697.4% |
| Total equity and liabilities | 10/49 | €81,468 | €80,050 | -€1,418 | -1.7% |
| Equity | 10/15 | -€41,773 | -€13,810 | +€27,963 | +66.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,373 | -€32,410 | +€27,963 | +46.3% |
| Amounts payable | 17/49 | €123,240 | €93,860 | -€29,380 | -23.8% |
| Amounts payable after more than one year | 17 | €46,529 | €45,750 | -€779 | -1.7% |
| Financial debts | 170/4 | €46,529 | €45,750 | -€779 | -1.7% |
| Amounts payable within one year | 42/48 | €76,712 | €48,110 | -€28,602 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €8,127 | €17,360 | +€9,233 | +113.6% |
| Financial debts | 43 | €3,170 | €4,941 | +€1,770 | +55.8% |
| Credit institutions | 430/8 | €3,170 | €4,941 | +€1,770 | +55.8% |
| Trade debts | 44 | €21,593 | €12,391 | -€9,201 | -42.6% |
| Suppliers | 440/4 | €21,593 | €12,391 | -€9,201 | -42.6% |
| Taxes, remuneration and social security | 45 | €21,500 | €9,218 | -€12,281 | -57.1% |
| Taxes | 450/3 | €6,472 | €9,218 | +€2,747 | +42.4% |
| Remuneration and social security | 454/9 | €15,028 | - | -€15,028 | |
| Other amounts payable | 47/48 | €22,322 | €4,199 | -€18,122 | -81.2% |
| Remuneration, social security and pensions | 62 | €215,800 | €144,439 | -€71,361 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,532 | €30,199 | +€9,667 | +47.1% |
| Other operating charges | 640/8 | €2,244 | €2,178 | -€66 | -3.0% |
| Non-recurring operating charges | 66A | €4,443 | €1,305 | -€3,138 | -70.6% |
| Gross operating margin | 9900 | €210,745 | €211,832 | +€1,087 | +0.5% |
| Operating profit (loss) | 9901 | -€32,274 | €33,711 | +€65,985 | |
| Financial income | 75/76B | €495 | €55 | -€440 | -88.8% |
| Recurring financial income | 75 | €495 | €55 | -€440 | -88.8% |
| Financial charges | 65/66B | €2,923 | €5,804 | +€2,880 | +98.5% |
| Recurring financial charges | 65 | €2,923 | €5,804 | +€2,880 | +98.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,702 | €27,963 | +€62,665 | |
| Profit (loss) for the period | 9904 | -€34,702 | €27,963 | +€62,665 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,702 | €27,963 | +€62,665 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.