VISCA!: 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.
VISCA!
Largest movements
- Receivables within one year +€2,468
up €2,468 (+960%), from €257 to €2,725
of which Trade receivables: +€1,392
- Deferred charges and accrued income +€1,262
new in 2025: €1,262
- Cash -€78
no longer reported in 2025 (was €78)
mainly Net result for the year (-€7,976) and Trade debts (-€2,938)
- Other debts +€14,488
up €14,488 (+357%), from €4,055 to €18,543
- Profit (loss) carried forward -€7,976
down €7,976 (-30.8%), from -€25,911 to -€33,887
- Trade debts -€2,938
down €2,938 (-49.0%), from €5,992 to €3,053
- Current portion of long-term debt +€78
new in 2025: €78
- Gross operating margin +€2,392
up €2,392 (+25.6%), from -€9,337 to -€6,945
- Financial charges -€677
down €677 (-56.1%), from €1,206 to €530
- Other operating charges -€127
down €127 (-20.2%), from €628 to €502
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 | €335 | €3,987 | +€3,652 | +1,090% |
| Current assets | 29/58 | €335 | €3,987 | +€3,652 | +1,090% |
| Amounts receivable within one year | 40/41 | €257 | €2,725 | +€2,468 | +960% |
| Trade receivables | 40 | - | €1,392 | +€1,392 | |
| Other amounts receivable | 41 | €257 | €1,333 | +€1,076 | +418% |
| Cash at bank and in hand | 54/58 | €78 | - | -€78 | |
| Deferred charges and accrued income | 490/1 | - | €1,262 | +€1,262 | |
| Total equity and liabilities | 10/49 | €335 | €3,987 | +€3,652 | +1,090% |
| Equity | 10/15 | -€9,711 | -€17,687 | -€7,976 | -82.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,911 | -€33,887 | -€7,976 | -30.8% |
| Amounts payable | 17/49 | €10,047 | €21,674 | +€11,628 | +116% |
| Amounts payable within one year | 42/48 | €10,047 | €21,674 | +€11,628 | +116% |
| Current portion of amounts payable after more than one year | 42 | - | €78 | +€78 | |
| Trade debts | 44 | €5,992 | €3,053 | -€2,938 | -49.0% |
| Suppliers | 440/4 | €5,992 | €3,053 | -€2,938 | -49.0% |
| Other amounts payable | 47/48 | €4,055 | €18,543 | +€14,488 | +357% |
| Other operating charges | 640/8 | €628 | €502 | -€127 | -20.2% |
| Gross operating margin | 9900 | -€9,337 | -€6,945 | +€2,392 | +25.6% |
| Operating profit (loss) | 9901 | -€9,965 | -€7,446 | +€2,519 | +25.3% |
| Financial charges | 65/66B | €1,206 | €530 | -€677 | -56.1% |
| Recurring financial charges | 65 | €1,206 | €530 | -€677 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,172 | -€7,976 | +€3,196 | +28.6% |
| Profit (loss) for the period | 9904 | -€11,172 | -€7,976 | +€3,196 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,172 | -€7,976 | +€3,196 | +28.6% |
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.