VISEFLOR: 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.
VISEFLOR
Largest movements
- Tangible fixed assets -€7,046
down €7,046 (-19.2%), from €36,710 to €29,664
of which Other tangible fixed assets: -€3,755
- Receivables within one year -€3,096
down €3,096 (-39.0%), from €7,930 to €4,834
of which Trade receivables: -€5,048
- Stocks and contracts +€2,606
up €2,606 (+6.3%), from €41,671 to €44,277
- Debts after one year -€3,820
down €3,820 (-27.1%), from €14,088 to €10,269
- Tax, wage and social debts -€3,608
down €3,608 (-13.4%), from €27,026 to €23,418
of which Remuneration and social security: -€3,136
- Other debts -€1,725
down €1,725 (-100.0%), from €1,725 to €0
- Trade debts +€1,249
up €1,249 (+9.5%), from €13,092 to €14,341
- Gross operating margin -€15,044
down €15,044 (-10.2%), from €147,378 to €132,334
- Staff costs -€8,920
down €8,920 (-7.3%), from €122,873 to €113,953
- Other operating charges +€5,019
up €5,019 (+165.0%), from €3,042 to €8,062
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,055 | €83,950 | -€7,106 | -7.8% |
| Fixed assets | 21/28 | €38,410 | €31,364 | -€7,046 | -18.3% |
| Tangible fixed assets | 22/27 | €36,710 | €29,664 | -€7,046 | -19.2% |
| Plant, machinery and equipment | 23 | €1,365 | €683 | -€683 | -50.0% |
| Furniture and vehicles | 24 | €4,758 | €2,149 | -€2,609 | -54.8% |
| Other tangible fixed assets | 26 | €30,587 | €26,833 | -€3,755 | -12.3% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €52,645 | €52,586 | -€59 | -0.1% |
| Stocks and contracts in progress | 3 | €41,671 | €44,277 | +€2,606 | +6.3% |
| Stocks | 30/36 | €41,671 | €44,277 | +€2,606 | +6.3% |
| Amounts receivable within one year | 40/41 | €7,930 | €4,834 | -€3,096 | -39.0% |
| Trade receivables | 40 | €7,930 | €2,883 | -€5,048 | -63.7% |
| Other amounts receivable | 41 | €0 | €1,952 | +€1,952 | |
| Cash at bank and in hand | 54/58 | €669 | €818 | +€149 | +22.3% |
| Deferred charges and accrued income | 490/1 | €2,376 | €2,657 | +€281 | +11.8% |
| Total equity and liabilities | 10/49 | €91,055 | €83,950 | -€7,106 | -7.8% |
| Equity | 10/15 | €16,560 | €16,684 | +€124 | +0.7% |
| Contributions | 10/11 | €18,655 | €18,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,095 | -€1,971 | +€124 | +5.9% |
| Amounts payable | 17/49 | €74,495 | €67,266 | -€7,230 | -9.7% |
| Amounts payable after more than one year | 17 | €14,088 | €10,269 | -€3,820 | -27.1% |
| Financial debts | 170/4 | €14,088 | €10,269 | -€3,820 | -27.1% |
| Amounts payable within one year | 42/48 | €60,407 | €56,997 | -€3,410 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €3,736 | €3,820 | +€84 | +2.2% |
| Financial debts | 43 | €14,828 | €15,418 | +€590 | +4.0% |
| Credit institutions | 430/8 | €14,828 | €15,418 | +€590 | +4.0% |
| Trade debts | 44 | €13,092 | €14,341 | +€1,249 | +9.5% |
| Suppliers | 440/4 | €13,092 | €14,341 | +€1,249 | +9.5% |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €27,026 | €23,418 | -€3,608 | -13.4% |
| Taxes | 450/3 | €5,386 | €4,914 | -€472 | -8.8% |
| Remuneration and social security | 454/9 | €21,640 | €18,504 | -€3,136 | -14.5% |
| Other amounts payable | 47/48 | €1,725 | €0 | -€1,725 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €122,873 | €113,953 | -€8,920 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,046 | €7,046 | +€1,001 | +16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,042 | €8,062 | +€5,019 | +165.0% |
| Non-recurring operating charges | 66A | €93 | - | -€93 | |
| Gross operating margin | 9900 | €147,378 | €132,334 | -€15,044 | -10.2% |
| Operating profit (loss) | 9901 | €15,324 | €3,272 | -€12,052 | -78.6% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100.0% |
| Financial charges | 65/66B | €2,228 | €3,148 | +€920 | +41.3% |
| Recurring financial charges | 65 | €2,228 | €3,148 | +€920 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €13,103 | €124 | -€12,979 | -99.1% |
| Profit (loss) for the period | 9904 | €13,103 | €124 | -€12,979 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,103 | €124 | -€12,979 | -99.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.