VIS & CO: 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.
VIS & CO
Largest movements
- Current investments +€47,915
up €47,915 (+28.0%), from €171,252 to €219,167
- Tangible fixed assets -€38,457
down €38,457 (-8.1%), from €477,672 to €439,215
of which Land and buildings: -€33,203
- Trade debts +€54,960
up €54,960 (+209.6%), from €26,225 to €81,185
- Profit (loss) carried forward +€50,227
up €50,227 (+34.2%), from €146,971 to €197,198
- Debts after one year -€36,035
down €36,035 (-15.9%), from €226,318 to €190,283
- Other debts -€32,163
down €32,163 (-20.7%), from €155,324 to €123,160
- Tax, wage and social debts -€19,605
down €19,605 (-70.9%), from €27,665 to €8,060
- Gross operating margin -€139,250
down €139,250 (-36.9%), from €377,861 to €238,612
- Staff costs -€49,059
down €49,059 (-29.4%), from €166,780 to €117,721
- Taxes -€22,565
down €22,565 (-57.2%), from €39,448 to €16,883
- Depreciation -€4,397
down €4,397 (-10.3%), from €42,855 to €38,457
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 | €686,040 | €699,329 | +€13,290 | +1.9% |
| Fixed assets | 21/28 | €477,672 | €439,215 | -€38,457 | -8.1% |
| Tangible fixed assets | 22/27 | €477,672 | €439,215 | -€38,457 | -8.1% |
| Land and buildings | 22 | €465,652 | €432,449 | -€33,203 | -7.1% |
| Plant, machinery and equipment | 23 | €7,529 | €5,264 | -€2,265 | -30.1% |
| Furniture and vehicles | 24 | €4,491 | €1,501 | -€2,990 | -66.6% |
| Current assets | 29/58 | €208,368 | €260,114 | +€51,747 | +24.8% |
| Stocks and contracts in progress | 3 | €7,167 | €6,961 | -€205 | -2.9% |
| Stocks | 30/36 | €7,167 | €6,961 | -€205 | -2.9% |
| Amounts receivable within one year | 40/41 | €6,438 | €9,555 | +€3,117 | +48.4% |
| Other amounts receivable | 41 | €6,438 | €9,555 | +€3,117 | +48.4% |
| Current investments | 50/53 | €171,252 | €219,167 | +€47,915 | +28.0% |
| Cash at bank and in hand | 54/58 | €23,512 | €24,431 | +€920 | +3.9% |
| Total equity and liabilities | 10/49 | €686,040 | €699,329 | +€13,290 | +1.9% |
| Equity | 10/15 | €190,971 | €241,198 | +€50,227 | +26.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,971 | €197,198 | +€50,227 | +34.2% |
| Amounts payable | 17/49 | €495,069 | €458,132 | -€36,937 | -7.5% |
| Amounts payable after more than one year | 17 | €226,318 | €190,283 | -€36,035 | -15.9% |
| Financial debts | 170/4 | €226,318 | €190,283 | -€36,035 | -15.9% |
| Amounts payable within one year | 42/48 | €238,749 | €248,440 | +€9,691 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €29,535 | €36,035 | +€6,500 | +22.0% |
| Trade debts | 44 | €26,225 | €81,185 | +€54,960 | +209.6% |
| Suppliers | 440/4 | €26,225 | €81,185 | +€54,960 | +209.6% |
| Taxes, remuneration and social security | 45 | €27,665 | €8,060 | -€19,605 | -70.9% |
| Taxes | 450/3 | €27,665 | €8,060 | -€19,605 | -70.9% |
| Other amounts payable | 47/48 | €155,324 | €123,160 | -€32,163 | -20.7% |
| Accrued charges and deferred income | 492/3 | €30,002 | €19,409 | -€10,593 | -35.3% |
| Remuneration, social security and pensions | 62 | €166,780 | €117,721 | -€49,059 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,855 | €38,457 | -€4,397 | -10.3% |
| Other operating charges | 640/8 | €1,641 | €1,328 | -€313 | -19.1% |
| Gross operating margin | 9900 | €377,861 | €238,612 | -€139,250 | -36.9% |
| Operating profit (loss) | 9901 | €166,585 | €81,106 | -€85,480 | -51.3% |
| Financial income | 75/76B | €1,208 | €2,022 | +€815 | +67.5% |
| Recurring financial income | 75 | €1,208 | €2,022 | +€815 | +67.5% |
| Financial charges | 65/66B | €12,918 | €16,018 | +€3,100 | +24.0% |
| Recurring financial charges | 65 | €12,918 | €16,018 | +€3,100 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €154,875 | €67,110 | -€87,766 | -56.7% |
| Income taxes | 67/77 | €39,448 | €16,883 | -€22,565 | -57.2% |
| Profit (loss) for the period | 9904 | €115,427 | €50,227 | -€65,201 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €115,427 | €50,227 | -€65,201 | -56.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.