vis@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@vis
Largest movements
- Intangible fixed assets -€1,000
down €1,000 (-41.6%), from €2,405 to €1,405
- Cash -€265
down €265 (-99.6%), from €267 to €1
mainly Net result for the year (-€2,180) and Receivables within one year (-€196)
- Receivables within one year +€196
new in 2025: €196
- Profit (loss) carried forward -€2,180
down €2,180 (-6.7%), from -€32,655 to -€34,835
- Other debts +€973
up €973 (+5.9%), from €16,522 to €17,495
- Trade debts +€137
up €137 (+17.1%), from €805 to €942
- Gross operating margin +€1,266
up €1,266 (+52.8%), from -€2,399 to -€1,132
- Financial charges -€49
down €49 (-50.6%), from €97 to €48
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 | €3,272 | €2,202 | -€1,070 | -32.7% |
| Fixed assets | 21/28 | €3,005 | €2,005 | -€1,000 | -33.3% |
| Intangible fixed assets | 21 | €2,405 | €1,405 | -€1,000 | -41.6% |
| Tangible fixed assets | 22/27 | €600 | €600 | = | 0.0% |
| Other tangible fixed assets | 26 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €267 | €197 | -€70 | -26.2% |
| Amounts receivable within one year | 40/41 | - | €196 | +€196 | |
| Other amounts receivable | 41 | - | €196 | +€196 | |
| Cash at bank and in hand | 54/58 | €267 | €1 | -€265 | -99.6% |
| Total equity and liabilities | 10/49 | €3,272 | €2,202 | -€1,070 | -32.7% |
| Equity | 10/15 | -€14,055 | -€16,235 | -€2,180 | -15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,655 | -€34,835 | -€2,180 | -6.7% |
| Amounts payable | 17/49 | €17,327 | €18,437 | +€1,110 | +6.4% |
| Amounts payable within one year | 42/48 | €17,327 | €18,437 | +€1,110 | +6.4% |
| Trade debts | 44 | €805 | €942 | +€137 | +17.1% |
| Suppliers | 440/4 | €805 | €942 | +€137 | +17.1% |
| Other amounts payable | 47/48 | €16,522 | €17,495 | +€973 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Gross operating margin | 9900 | -€2,399 | -€1,132 | +€1,266 | +52.8% |
| Operating profit (loss) | 9901 | -€3,399 | -€2,132 | +€1,266 | +37.3% |
| Financial charges | 65/66B | €97 | €48 | -€49 | -50.6% |
| Recurring financial charges | 65 | €97 | €48 | -€49 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,495 | -€2,180 | +€1,315 | +37.6% |
| Profit (loss) for the period | 9904 | -€3,495 | -€2,180 | +€1,315 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,495 | -€2,180 | +€1,315 | +37.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.