Visiôme Security Systems: 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.
Visiôme Security Systems
Largest movements
- Cash +€88,433
up €88,433 (+238%), from €37,128 to €125,561
mainly Trade debts (+€106,738) and Net result for the year (+€42,678)
- Receivables within one year +€50,783
up €50,783 (+36.4%), from €139,364 to €190,147
of which Trade receivables: +€59,995
- Tangible fixed assets +€8,196
up €8,196 (+4.4%), from €184,754 to €192,950
of which Land and buildings: +€8,401
- Trade debts +€106,738
up €106,738 (+43.3%), from €246,337 to €353,074
- Reserves +€42,678
up €42,678 (+92.2%), from €46,292 to €88,970
- Debts after one year -€12,694
down €12,694 (-10.2%), from €124,400 to €111,705
- Tax, wage and social debts +€12,373
up €12,373 (+141%), from €8,788 to €21,162
of which Taxes: +€12,976
- Gross operating margin +€46,331
up €46,331 (+46.8%), from €99,067 to €145,398
- Taxes +€16,967
up €16,967 (+298%), from €5,701 to €22,667
- Depreciation +€4,214
up €4,214 (+36.2%), from €11,645 to €15,859
- Staff costs -€3,569
down €3,569 (-6.1%), from €58,539 to €54,970
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 | €456,246 | €605,893 | +€149,647 | +32.8% |
| Fixed assets | 21/28 | €195,998 | €202,998 | +€7,000 | +3.6% |
| Intangible fixed assets | 21 | €11,244 | €10,048 | -€1,196 | -10.6% |
| Tangible fixed assets | 22/27 | €184,754 | €192,950 | +€8,196 | +4.4% |
| Land and buildings | 22 | €168,101 | €176,502 | +€8,401 | +5.0% |
| Plant, machinery and equipment | 23 | €1,790 | €5,381 | +€3,591 | +201% |
| Furniture and vehicles | 24 | €14,863 | €11,067 | -€3,796 | -25.5% |
| Current assets | 29/58 | €260,248 | €402,894 | +€142,647 | +54.8% |
| Stocks and contracts in progress | 3 | €79,433 | €82,294 | +€2,861 | +3.6% |
| Stocks | 30/36 | €79,433 | €82,294 | +€2,861 | +3.6% |
| Amounts receivable within one year | 40/41 | €139,364 | €190,147 | +€50,783 | +36.4% |
| Trade receivables | 40 | €121,639 | €181,634 | +€59,995 | +49.3% |
| Other amounts receivable | 41 | €17,725 | €8,513 | -€9,212 | -52.0% |
| Cash at bank and in hand | 54/58 | €37,128 | €125,561 | +€88,433 | +238% |
| Deferred charges and accrued income | 490/1 | €4,323 | €4,892 | +€569 | +13.2% |
| Total equity and liabilities | 10/49 | €456,246 | €605,893 | +€149,647 | +32.8% |
| Equity | 10/15 | €58,569 | €101,247 | +€42,678 | +72.9% |
| Contributions | 10/11 | €12,271 | €12,271 | = | 0.0% |
| Reserves | 13 | €46,292 | €88,970 | +€42,678 | +92.2% |
| Distributable reserves | 133 | €46,292 | €88,970 | +€42,678 | +92.2% |
| Profit (loss) carried forward | 14 | €6 | €6 | = | 0.0% |
| Amounts payable | 17/49 | €397,677 | €504,646 | +€106,969 | +26.9% |
| Amounts payable after more than one year | 17 | €124,400 | €111,705 | -€12,694 | -10.2% |
| Financial debts | 170/4 | €124,400 | €111,705 | -€12,694 | -10.2% |
| Amounts payable within one year | 42/48 | €273,064 | €392,941 | +€119,877 | +43.9% |
| Current portion of amounts payable after more than one year | 42 | €12,981 | €13,520 | +€539 | +4.2% |
| Financial debts | 43 | €1,272 | €234 | -€1,038 | -81.6% |
| Credit institutions | 430/8 | €1,272 | €234 | -€1,038 | -81.6% |
| Trade debts | 44 | €246,337 | €353,074 | +€106,738 | +43.3% |
| Suppliers | 440/4 | €246,337 | €353,074 | +€106,738 | +43.3% |
| Taxes, remuneration and social security | 45 | €8,788 | €21,162 | +€12,373 | +141% |
| Taxes | 450/3 | €2,054 | €15,030 | +€12,976 | +632% |
| Remuneration and social security | 454/9 | €6,734 | €6,132 | -€603 | -8.9% |
| Other amounts payable | 47/48 | €3,686 | €4,951 | +€1,264 | +34.3% |
| Accrued charges and deferred income | 492/3 | €214 | - | -€214 | |
| Remuneration, social security and pensions | 62 | €58,539 | €54,970 | -€3,569 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,645 | €15,859 | +€4,214 | +36.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €311 | +€311 | |
| Other operating charges | 640/8 | €903 | €1,885 | +€982 | +109% |
| Gross operating margin | 9900 | €99,067 | €145,398 | +€46,331 | +46.8% |
| Operating profit (loss) | 9901 | €27,980 | €72,374 | +€44,394 | +159% |
| Financial income | 75/76B | €41 | €1 | -€41 | -98.7% |
| Recurring financial income | 75 | €41 | €1 | -€41 | -98.7% |
| Financial charges | 65/66B | €5,665 | €7,029 | +€1,364 | +24.1% |
| Recurring financial charges | 65 | €5,665 | €7,029 | +€1,364 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €22,356 | €65,345 | +€42,989 | +192% |
| Income taxes | 67/77 | €5,701 | €22,667 | +€16,967 | +298% |
| Profit (loss) for the period | 9904 | €16,656 | €42,678 | +€26,022 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €16,656 | €42,678 | +€26,022 | +156% |
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 13 October 2026 via checked.be.