Vision Engineering: 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.
Vision Engineering
Largest movements
- Cash +€6,504
up €6,504 (+5.0%), from €131,159 to €137,663
mainly Net result for the year (+€14,682) and Accrued charges and deferred income (+€5,868)
- Receivables within one year +€5,444
up €5,444 (+22.0%), from €24,795 to €30,239
of which Other amounts receivable: +€4,295
- Reserves +€14,682
up €14,682 (+13.1%), from €112,150 to €126,831
- Trade debts -€9,015
down €9,015 (-19.4%), from €46,377 to €37,363
- Accrued charges and deferred income +€5,868
new in 2025: €5,868
- Gross operating margin -€2,612
down €2,612 (-11.5%), from €22,753 to €20,141
- Taxes -€706
down €706 (-12.5%), from €5,644 to €4,938
- Other operating charges +€398
up €398 (+346.4%), from €115 to €513
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 | €178,527 | €190,062 | +€11,535 | +6.5% |
| Current assets | 29/58 | €178,527 | €190,062 | +€11,535 | +6.5% |
| Stocks and contracts in progress | 3 | €15,439 | €15,020 | -€419 | -2.7% |
| Stocks | 30/36 | €15,439 | €15,020 | -€419 | -2.7% |
| Amounts receivable within one year | 40/41 | €24,795 | €30,239 | +€5,444 | +22.0% |
| Trade receivables | 40 | €21,235 | €22,384 | +€1,149 | +5.4% |
| Other amounts receivable | 41 | €3,560 | €7,855 | +€4,295 | +120.6% |
| Cash at bank and in hand | 54/58 | €131,159 | €137,663 | +€6,504 | +5.0% |
| Deferred charges and accrued income | 490/1 | €7,134 | €7,140 | +€6 | +0.1% |
| Total equity and liabilities | 10/49 | €178,527 | €190,062 | +€11,535 | +6.5% |
| Equity | 10/15 | €132,150 | €146,831 | +€14,682 | +11.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €112,150 | €126,831 | +€14,682 | +13.1% |
| Distributable reserves | 133 | €112,150 | €126,831 | +€14,682 | +13.1% |
| Amounts payable | 17/49 | €46,377 | €43,231 | -€3,147 | -6.8% |
| Amounts payable within one year | 42/48 | €46,377 | €37,363 | -€9,015 | -19.4% |
| Trade debts | 44 | €46,377 | €37,363 | -€9,015 | -19.4% |
| Suppliers | 440/4 | €46,377 | €37,363 | -€9,015 | -19.4% |
| Accrued charges and deferred income | 492/3 | - | €5,868 | +€5,868 | |
| Other operating charges | 640/8 | €115 | €513 | +€398 | +346.4% |
| Gross operating margin | 9900 | €22,753 | €20,141 | -€2,612 | -11.5% |
| Operating profit (loss) | 9901 | €22,638 | €19,628 | -€3,010 | -13.3% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €63 | €41 | -€22 | -35.3% |
| Recurring financial charges | 65 | €63 | €41 | -€22 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €22,574 | €19,619 | -€2,955 | -13.1% |
| Income taxes | 67/77 | €5,644 | €4,938 | -€706 | -12.5% |
| Profit (loss) for the period | 9904 | €16,931 | €14,682 | -€2,249 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,931 | €14,682 | -€2,249 | -13.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.