VIS-IMMO: 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-IMMO
Largest movements
- Cash +€26,563
up €26,563 (+13.3%), from €200,122 to €226,686
mainly Net result for the year (+€31,143) and Trade debts (+€1,789)
- Profit (loss) carried forward +€31,143
up €31,143 (+16.9%), from €184,315 to €215,458
- Tax, wage and social debts -€6,989
down €6,989 (-48.5%), from €14,404 to €7,414
- Gross operating margin -€8,858
down €8,858 (-19.4%), from €45,577 to €36,719
- Taxes -€1,557
down €1,557 (-14.9%), from €10,438 to €8,880
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 | €202,287 | €228,229 | +€25,942 | +12.8% |
| Fixed assets | 21/28 | €918 | €372 | -€546 | -59.5% |
| Tangible fixed assets | 22/27 | €918 | €372 | -€546 | -59.5% |
| Furniture and vehicles | 24 | €918 | €372 | -€546 | -59.5% |
| Current assets | 29/58 | €201,369 | €227,857 | +€26,488 | +13.2% |
| Amounts receivable within one year | 40/41 | €1,247 | €1,172 | -€75 | -6.0% |
| Other amounts receivable | 41 | €1,247 | €1,172 | -€75 | -6.0% |
| Cash at bank and in hand | 54/58 | €200,122 | €226,686 | +€26,563 | +13.3% |
| Total equity and liabilities | 10/49 | €202,287 | €228,229 | +€25,942 | +12.8% |
| Equity | 10/15 | €187,315 | €218,458 | +€31,143 | +16.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,315 | €215,458 | +€31,143 | +16.9% |
| Amounts payable | 17/49 | €14,972 | €9,771 | -€5,201 | -34.7% |
| Amounts payable within one year | 42/48 | €14,972 | €9,771 | -€5,201 | -34.7% |
| Trade debts | 44 | €568 | €2,357 | +€1,789 | +315% |
| Suppliers | 440/4 | €568 | €2,357 | +€1,789 | +315% |
| Taxes, remuneration and social security | 45 | €14,404 | €7,414 | -€6,989 | -48.5% |
| Taxes | 450/3 | €14,404 | €7,414 | -€6,989 | -48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,001 | €546 | -€455 | -45.4% |
| Other operating charges | 640/8 | €245 | - | -€245 | |
| Gross operating margin | 9900 | €45,577 | €36,719 | -€8,858 | -19.4% |
| Operating profit (loss) | 9901 | €44,331 | €36,172 | -€8,158 | -18.4% |
| Financial income | 75/76B | €4,156 | €3,906 | -€250 | -6.0% |
| Recurring financial income | 75 | €4,156 | €3,906 | -€250 | -6.0% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.1% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €48,433 | €40,023 | -€8,409 | -17.4% |
| Income taxes | 67/77 | €10,438 | €8,880 | -€1,557 | -14.9% |
| Profit (loss) for the period | 9904 | €37,995 | €31,143 | -€6,852 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,995 | €31,143 | -€6,852 | -18.0% |
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 14 October 2026 via checked.be.