VISIOBOOST: 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.
VISIOBOOST
Largest movements
- Cash -€58,654
down €58,654 (-32.1%), from €182,961 to €124,307
mainly Contributions, distributions and other (-€249,118) and Investment in fixed assets (net) (-€31,107)
- Tangible fixed assets +€24,816
up €24,816 (+120%), from €20,722 to €45,538
of which Furniture and vehicles: +€26,039
- Deferred charges and accrued income +€22,005
up €22,005 (+1,055%), from €2,086 to €24,090
- Receivables within one year -€2,494
down €2,494 (-93.0%), from €2,683 to €189
of which Trade receivables: -€2,420
- Profit (loss) carried forward -€143,950
down €143,950 (-100.0%), from €144,008 to €58
- Other debts +€128,245
up €128,245 (+3,088%), from €4,153 to €132,398
- Debts after one year +€15,574
up €15,574 (+281%), from €5,537 to €21,111
- Tax, wage and social debts -€14,771
down €14,771 (-31.8%), from €46,494 to €31,723
of which Taxes: -€13,597
- Gross operating margin +€46,817
up €46,817 (+47.8%), from €98,015 to €144,832
- Taxes +€11,416
up €11,416 (+59.7%), from €19,114 to €30,529
- Depreciation -€4,613
down €4,613 (-42.3%), from €10,904 to €6,291
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 | €209,395 | €195,068 | -€14,328 | -6.8% |
| Fixed assets | 21/28 | €21,666 | €46,482 | +€24,816 | +115% |
| Tangible fixed assets | 22/27 | €20,722 | €45,538 | +€24,816 | +120% |
| Furniture and vehicles | 24 | €10,575 | €36,614 | +€26,039 | +246% |
| Other tangible fixed assets | 26 | €10,147 | €8,924 | -€1,223 | -12.1% |
| Financial fixed assets | 28 | €944 | €944 | = | 0.0% |
| Current assets | 29/58 | €187,729 | €148,586 | -€39,143 | -20.9% |
| Amounts receivable within one year | 40/41 | €2,683 | €189 | -€2,494 | -93.0% |
| Trade receivables | 40 | €2,420 | €0 | -€2,420 | -100% |
| Other amounts receivable | 41 | €263 | €189 | -€74 | -28.2% |
| Cash at bank and in hand | 54/58 | €182,961 | €124,307 | -€58,654 | -32.1% |
| Deferred charges and accrued income | 490/1 | €2,086 | €24,090 | +€22,005 | +1,055% |
| Total equity and liabilities | 10/49 | €209,395 | €195,068 | -€14,328 | -6.8% |
| Equity | 10/15 | €146,508 | €2,558 | -€143,950 | -98.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,008 | €58 | -€143,950 | -100.0% |
| Amounts payable | 17/49 | €62,888 | €192,510 | +€129,623 | +206% |
| Amounts payable after more than one year | 17 | €5,537 | €21,111 | +€15,574 | +281% |
| Financial debts | 170/4 | €5,537 | €21,111 | +€15,574 | +281% |
| Amounts payable within one year | 42/48 | €57,351 | €171,399 | +€114,049 | +199% |
| Current portion of amounts payable after more than one year | 42 | €5,827 | €7,145 | +€1,318 | +22.6% |
| Trade debts | 44 | €877 | €134 | -€743 | -84.8% |
| Suppliers | 440/4 | €877 | €134 | -€743 | -84.8% |
| Taxes, remuneration and social security | 45 | €46,494 | €31,723 | -€14,771 | -31.8% |
| Taxes | 450/3 | €45,320 | €31,723 | -€13,597 | -30.0% |
| Remuneration and social security | 454/9 | €1,174 | €0 | -€1,174 | -100% |
| Other amounts payable | 47/48 | €4,153 | €132,398 | +€128,245 | +3,088% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,904 | €6,291 | -€4,613 | -42.3% |
| Other operating charges | 640/8 | €1,212 | €1,834 | +€622 | +51.3% |
| Gross operating margin | 9900 | €98,015 | €144,832 | +€46,817 | +47.8% |
| Operating profit (loss) | 9901 | €85,899 | €136,707 | +€50,808 | +59.1% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €719 | €1,019 | +€300 | +41.7% |
| Recurring financial charges | 65 | €719 | €1,019 | +€300 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €85,180 | €135,697 | +€50,517 | +59.3% |
| Income taxes | 67/77 | €19,114 | €30,529 | +€11,416 | +59.7% |
| Profit (loss) for the period | 9904 | €66,067 | €105,168 | +€39,101 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,067 | €105,168 | +€39,101 | +59.2% |
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 16 October 2026 via checked.be.