VISC Enterprise: 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.
VISC Enterprise
Largest movements
- Tangible fixed assets +€24,223
up €24,223 (+2.7%), from €889,507 to €913,730
of which Land and buildings: +€35,636
- Other debts +€73,859
up €73,859 (+384.7%), from €19,197 to €93,056
- Debts after one year -€65,556
down €65,556 (-11.7%), from €559,776 to €494,220
- Gross operating margin -€138,922
down €138,922 (-73.5%), from €189,043 to €50,120
- Taxes -€55,586
no longer reported in 2023 (was €55,586)
- Depreciation +€15,681
up €15,681 (+101.6%), from €15,431 to €31,113
- Financial charges +€13,333
up €13,333 (+246.9%), from €5,401 to €18,734
of which Financial charges: +€12,725
- Other operating charges +€2,091
up €2,091 (+76.4%), from €2,738 to €4,828
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €894,481 | €919,430 | +€24,949 | +2.8% |
| Fixed assets | 21/28 | €889,507 | €913,730 | +€24,223 | +2.7% |
| Tangible fixed assets | 22/27 | €889,507 | €913,730 | +€24,223 | +2.7% |
| Land and buildings | 22 | €839,540 | €875,175 | +€35,636 | +4.2% |
| Plant, machinery and equipment | 23 | €1,720 | €1,505 | -€215 | -12.5% |
| Furniture and vehicles | 24 | €48,248 | €37,050 | -€11,198 | -23.2% |
| Current assets | 29/58 | €4,974 | €5,700 | +€726 | +14.6% |
| Amounts receivable within one year | 40/41 | €1,815 | €5,700 | +€3,885 | +214.1% |
| Trade receivables | 40 | - | €3,630 | +€3,630 | |
| Other amounts receivable | 41 | €1,815 | €2,070 | +€255 | +14.1% |
| Cash at bank and in hand | 54/58 | €3,159 | €0 | -€3,159 | -100.0% |
| Total equity and liabilities | 10/49 | €894,481 | €919,430 | +€24,949 | +2.8% |
| Equity | 10/15 | €182,258 | €177,704 | -€4,554 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €163,658 | €163,658 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €161,798 | €161,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,554 | -€4,554 | |
| Amounts payable | 17/49 | €712,224 | €741,727 | +€29,503 | +4.1% |
| Amounts payable after more than one year | 17 | €559,776 | €494,220 | -€65,556 | -11.7% |
| Financial debts | 170/4 | €559,776 | €494,220 | -€65,556 | -11.7% |
| Amounts payable within one year | 42/48 | €152,448 | €247,507 | +€95,059 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | €63,784 | €71,475 | +€7,691 | +12.1% |
| Financial debts | 43 | - | €6,920 | +€6,920 | |
| Credit institutions | 430/8 | - | €6,920 | +€6,920 | |
| Trade debts | 44 | €12,282 | €18,871 | +€6,589 | +53.6% |
| Suppliers | 440/4 | €12,282 | €18,871 | +€6,589 | +53.6% |
| Taxes, remuneration and social security | 45 | €57,185 | €57,185 | = | 0.0% |
| Taxes | 450/3 | €57,185 | - | -€57,185 | |
| Remuneration and social security | 454/9 | - | €57,185 | +€57,185 | |
| Other amounts payable | 47/48 | €19,197 | €93,056 | +€73,859 | +384.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,431 | €31,113 | +€15,681 | +101.6% |
| Other operating charges | 640/8 | €2,738 | €4,828 | +€2,091 | +76.4% |
| Gross operating margin | 9900 | €189,043 | €50,120 | -€138,922 | -73.5% |
| Operating profit (loss) | 9901 | €170,874 | €14,179 | -€156,694 | -91.7% |
| Financial charges | 65/66B | €5,401 | €18,734 | +€13,333 | +246.9% |
| Recurring financial charges | 65 | €4,828 | €17,553 | +€12,725 | +263.6% |
| Non-recurring financial charges | 66B | €573 | €1,180 | +€607 | +106.0% |
| Profit (loss) for the period before taxes | 9903 | €165,473 | -€4,554 | -€170,027 | |
| Income taxes | 67/77 | €55,586 | - | -€55,586 | |
| Profit (loss) for the period | 9904 | €109,887 | -€4,554 | -€114,441 | |
| Profit (loss) for the period to be appropriated | 9905 | €109,887 | -€4,554 | -€114,441 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.