VISHANDEL NELLIS: 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.
VISHANDEL NELLIS
Largest movements
- Cash -€10,777
down €10,777 (-98.5%), from €10,945 to €168
mainly Net result for the year (-€12,407) and Tax, wage and social debts (-€5,215)
- Tangible fixed assets -€6,334
down €6,334 (-33.7%), from €18,768 to €12,434
of which Plant, machinery and equipment: -€3,660
- Receivables within one year +€3,789
up €3,789 (+10.4%), from €36,285 to €40,074
- Deferred charges and accrued income -€3,138
down €3,138 (-77.6%), from €4,043 to €905
- Intangible fixed assets -€3,125
down €3,125 (-16.7%), from €18,767 to €15,642
- Profit (loss) carried forward -€12,407
new in 2024: -€12,407
- Tax, wage and social debts -€5,215
down €5,215 (-76.7%), from €6,799 to €1,583
of which Taxes: -€3,165
- Trade debts -€4,729
down €4,729 (-81.3%), from €5,816 to €1,087
- Gross operating margin -€17,323
down €17,323, from €15,471 to -€1,853
- Taxes -€1,819
down €1,819, from €1,696 to -€123
- Other operating charges -€299
down €299 (-21.9%), from €1,366 to €1,066
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,460 | €69,223 | -€22,237 | -24.3% |
| Fixed assets | 21/28 | €37,535 | €28,076 | -€9,459 | -25.2% |
| Intangible fixed assets | 21 | €18,767 | €15,642 | -€3,125 | -16.7% |
| Tangible fixed assets | 22/27 | €18,768 | €12,434 | -€6,334 | -33.7% |
| Plant, machinery and equipment | 23 | €11,000 | €7,340 | -€3,660 | -33.3% |
| Furniture and vehicles | 24 | €7,768 | €5,094 | -€2,674 | -34.4% |
| Current assets | 29/58 | €53,925 | €41,147 | -€12,778 | -23.7% |
| Stocks and contracts in progress | 3 | €2,651 | €0 | -€2,651 | -100% |
| Stocks | 30/36 | €2,651 | €0 | -€2,651 | -100% |
| Amounts receivable within one year | 40/41 | €36,285 | €40,074 | +€3,789 | +10.4% |
| Other amounts receivable | 41 | €36,285 | €40,074 | +€3,789 | +10.4% |
| Cash at bank and in hand | 54/58 | €10,945 | €168 | -€10,777 | -98.5% |
| Deferred charges and accrued income | 490/1 | €4,043 | €905 | -€3,138 | -77.6% |
| Total equity and liabilities | 10/49 | €91,460 | €69,223 | -€22,237 | -24.3% |
| Equity | 10/15 | €17,132 | €4,725 | -€12,407 | -72.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,132 | €7,132 | = | 0.0% |
| Distributable reserves | 133 | €7,132 | €7,132 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,407 | -€12,407 | |
| Amounts payable | 17/49 | €74,328 | €64,499 | -€9,829 | -13.2% |
| Amounts payable within one year | 42/48 | €74,023 | €64,078 | -€9,944 | -13.4% |
| Trade debts | 44 | €5,816 | €1,087 | -€4,729 | -81.3% |
| Suppliers | 440/4 | €5,816 | €1,087 | -€4,729 | -81.3% |
| Taxes, remuneration and social security | 45 | €6,799 | €1,583 | -€5,215 | -76.7% |
| Taxes | 450/3 | €4,749 | €1,583 | -€3,165 | -66.7% |
| Remuneration and social security | 454/9 | €2,050 | €0 | -€2,050 | -100% |
| Other amounts payable | 47/48 | €61,408 | €61,408 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €305 | €420 | +€115 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,458 | €9,325 | -€133 | -1.4% |
| Other operating charges | 640/8 | €1,366 | €1,066 | -€299 | -21.9% |
| Non-recurring operating charges | 66A | - | €134 | +€134 | |
| Gross operating margin | 9900 | €15,471 | -€1,853 | -€17,323 | |
| Operating profit (loss) | 9901 | €4,646 | -€12,378 | -€17,025 | |
| Financial income | 75/76B | €1 | €1 | -€1 | -51.8% |
| Recurring financial income | 75 | €1 | €1 | -€1 | -51.8% |
| Financial charges | 65/66B | €8 | €153 | +€145 | +1,718% |
| Recurring financial charges | 65 | €8 | €153 | +€145 | +1,718% |
| Profit (loss) for the period before taxes | 9903 | €4,639 | -€12,531 | -€17,170 | |
| Income taxes | 67/77 | €1,696 | -€123 | -€1,819 | |
| Profit (loss) for the period | 9904 | €2,943 | -€12,407 | -€15,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,943 | -€12,407 | -€15,350 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.