Vision F&B: 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.
Vision F&B
Largest movements
- Intangible fixed assets -€30,000
down €30,000 (-28.6%), from €104,877 to €74,877
- Cash -€18,016
down €18,016 (-44.9%), from €40,137 to €22,121
mainly Debts after one year (-€27,356) and Net result for the year (-€27,247)
- Stocks and contracts +€4,594
up €4,594 (+23.0%), from €20,000 to €24,594
- Tangible fixed assets +€2,689
up €2,689 (+32.4%), from €8,305 to €10,994
of which Plant, machinery and equipment: +€1,507
- Debts after one year -€27,356
down €27,356 (-33.7%), from €81,070 to €53,714
- Profit (loss) carried forward -€27,247
down €27,247, from €2,935 to -€24,313
- Trade debts +€20,065
up €20,065 (+332%), from €6,037 to €26,102
- Tax, wage and social debts -€14,528
down €14,528 (-25.5%), from €56,897 to €42,370
of which Remuneration and social security: -€11,129
- Accrued charges and deferred income +€6,616
up €6,616 (+543%), from €1,218 to €7,834
- Gross operating margin -€63,872
down €63,872 (-19.0%), from €336,820 to €272,948
- Other operating charges +€4,793
up €4,793 (+551%), from €869 to €5,662
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 | €194,224 | €155,476 | -€38,747 | -19.9% |
| Fixed assets | 21/28 | €128,182 | €100,871 | -€27,311 | -21.3% |
| Intangible fixed assets | 21 | €104,877 | €74,877 | -€30,000 | -28.6% |
| Tangible fixed assets | 22/27 | €8,305 | €10,994 | +€2,689 | +32.4% |
| Plant, machinery and equipment | 23 | €8,305 | €9,812 | +€1,507 | +18.1% |
| Furniture and vehicles | 24 | - | €1,182 | +€1,182 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €66,042 | €54,606 | -€11,437 | -17.3% |
| Stocks and contracts in progress | 3 | €20,000 | €24,594 | +€4,594 | +23.0% |
| Stocks | 30/36 | €20,000 | €24,594 | +€4,594 | +23.0% |
| Amounts receivable within one year | 40/41 | €5,029 | €6,418 | +€1,390 | +27.6% |
| Trade receivables | 40 | €3,311 | €4,167 | +€855 | +25.8% |
| Other amounts receivable | 41 | €1,718 | €2,252 | +€534 | +31.1% |
| Cash at bank and in hand | 54/58 | €40,137 | €22,121 | -€18,016 | -44.9% |
| Deferred charges and accrued income | 490/1 | €877 | €1,473 | +€596 | +68.0% |
| Total equity and liabilities | 10/49 | €194,224 | €155,476 | -€38,747 | -19.9% |
| Equity | 10/15 | €22,935 | -€4,313 | -€27,247 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,935 | -€24,313 | -€27,247 | |
| Amounts payable | 17/49 | €171,289 | €159,789 | -€11,500 | -6.7% |
| Amounts payable after more than one year | 17 | €81,070 | €53,714 | -€27,356 | -33.7% |
| Financial debts | 170/4 | €81,070 | €53,714 | -€27,356 | -33.7% |
| Amounts payable within one year | 42/48 | €89,001 | €98,241 | +€9,240 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €26,067 | €27,356 | +€1,289 | +4.9% |
| Trade debts | 44 | €6,037 | €26,102 | +€20,065 | +332% |
| Suppliers | 440/4 | €6,037 | €26,102 | +€20,065 | +332% |
| Taxes, remuneration and social security | 45 | €56,897 | €42,370 | -€14,528 | -25.5% |
| Taxes | 450/3 | €15,573 | €12,174 | -€3,398 | -21.8% |
| Remuneration and social security | 454/9 | €41,325 | €30,195 | -€11,129 | -26.9% |
| Other amounts payable | 47/48 | - | €2,413 | +€2,413 | |
| Accrued charges and deferred income | 492/3 | €1,218 | €7,834 | +€6,616 | +543% |
| Remuneration, social security and pensions | 62 | €254,076 | €252,022 | -€2,054 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,738 | €34,504 | +€2,766 | +8.7% |
| Other operating charges | 640/8 | €869 | €5,662 | +€4,793 | +551% |
| Gross operating margin | 9900 | €336,820 | €272,948 | -€63,872 | -19.0% |
| Operating profit (loss) | 9901 | €50,137 | -€19,240 | -€69,377 | |
| Financial income | 75/76B | €222 | €144 | -€77 | -34.9% |
| Recurring financial income | 75 | €222 | €144 | -€77 | -34.9% |
| Financial charges | 65/66B | €7,151 | €8,222 | +€1,071 | +15.0% |
| Recurring financial charges | 65 | €7,151 | €8,222 | +€1,071 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €43,208 | -€27,317 | -€70,525 | |
| Income taxes | 67/77 | €1,420 | -€70 | -€1,490 | |
| Profit (loss) for the period | 9904 | €41,788 | -€27,247 | -€69,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,788 | -€27,247 | -€69,035 |
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.