Visio Immo: 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.
Visio Immo
Largest movements
- Cash +€36,112
up €36,112 (+24.6%), from €146,806 to €182,917
mainly Other debts (+€265,529) and Net result for the year (+€155,036)
- Other debts +€265,529
up €265,529 (+743.7%), from €35,705 to €301,234
- Profit (loss) carried forward -€144,964
down €144,964 (-48.0%), from €302,208 to €157,244
- Debts after one year -€91,099
down €91,099 (-10.0%), from €913,755 to €822,656
- Gross operating margin +€47,392
up €47,392 (+18.8%), from €251,450 to €298,842
- Other operating charges -€43,458
down €43,458 (-75.6%), from €57,513 to €14,055
- Taxes +€19,316
up €19,316 (+59.7%), from €32,362 to €51,679
- Depreciation +€9,911
up €9,911 (+21.1%), from €47,062 to €56,973
- Financial charges +€4,275
up €4,275 (+25.4%), from €16,825 to €21,100
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 | €1,417,574 | €1,445,874 | +€28,300 | +2.0% |
| Fixed assets | 21/28 | €1,268,281 | €1,262,147 | -€6,134 | -0.5% |
| Tangible fixed assets | 22/27 | €1,268,281 | €1,262,147 | -€6,134 | -0.5% |
| Land and buildings | 22 | €1,268,281 | €1,262,147 | -€6,134 | -0.5% |
| Current assets | 29/58 | €149,293 | €183,726 | +€34,433 | +23.1% |
| Amounts receivable within one year | 40/41 | €2,488 | €809 | -€1,679 | -67.5% |
| Other amounts receivable | 41 | €2,488 | €809 | -€1,679 | -67.5% |
| Cash at bank and in hand | 54/58 | €146,806 | €182,917 | +€36,112 | +24.6% |
| Total equity and liabilities | 10/49 | €1,417,574 | €1,445,874 | +€28,300 | +2.0% |
| Equity | 10/15 | €374,093 | €229,129 | -€144,964 | -38.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €46,885 | €46,885 | = | 0.0% |
| Distributable reserves | 133 | €46,885 | €46,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | €302,208 | €157,244 | -€144,964 | -48.0% |
| Amounts payable | 17/49 | €1,043,481 | €1,216,745 | +€173,264 | +16.6% |
| Amounts payable after more than one year | 17 | €913,755 | €822,656 | -€91,099 | -10.0% |
| Financial debts | 170/4 | €913,755 | €822,656 | -€91,099 | -10.0% |
| Amounts payable within one year | 42/48 | €129,726 | €394,088 | +€264,363 | +203.8% |
| Current portion of amounts payable after more than one year | 42 | €89,246 | €91,099 | +€1,853 | +2.1% |
| Trade debts | 44 | €4,774 | €1,755 | -€3,019 | -63.2% |
| Suppliers | 440/4 | €4,774 | €1,755 | -€3,019 | -63.2% |
| Other amounts payable | 47/48 | €35,705 | €301,234 | +€265,529 | +743.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,062 | €56,973 | +€9,911 | +21.1% |
| Other operating charges | 640/8 | €57,513 | €14,055 | -€43,458 | -75.6% |
| Gross operating margin | 9900 | €251,450 | €298,842 | +€47,392 | +18.8% |
| Operating profit (loss) | 9901 | €146,875 | €227,815 | +€80,940 | +55.1% |
| Financial charges | 65/66B | €16,825 | €21,100 | +€4,275 | +25.4% |
| Recurring financial charges | 65 | €16,825 | €21,100 | +€4,275 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €130,050 | €206,714 | +€76,665 | +59.0% |
| Income taxes | 67/77 | €32,362 | €51,679 | +€19,316 | +59.7% |
| Profit (loss) for the period | 9904 | €97,687 | €155,036 | +€57,348 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,687 | €155,036 | +€57,348 | +58.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.