VISION fOR VISION: 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 fOR VISION
Largest movements
- Receivables within one year +€25,650
up €25,650 (+143.0%), from €17,938 to €43,588
of which Other amounts receivable: +€32,911
- Tangible fixed assets -€4,136
down €4,136 (-87.8%), from €4,712 to €576
of which Furniture and vehicles: -€3,887
- Cash -€2,882
down €2,882 (-8.0%), from €36,005 to €33,123
mainly Contributions, distributions and other (-€43,000) and Receivables within one year (-€25,650)
- Profit (loss) carried forward +€50,814
up €50,814 (+58.3%), from -€87,108 to -€36,294
- Reserves -€43,000
down €43,000 (-53.4%), from €80,500 to €37,500
- Other debts +€13,055
up €13,055 (+43.6%), from €29,945 to €43,000
- Tax, wage and social debts -€9,750
down €9,750 (-100.0%), from €9,750 to €0
of which Taxes: -€7,250
- Advances received +€7,350
new in 2025: €7,350
- Gross operating margin +€90,606
up €90,606, from -€26,239 to €64,368
- Purchases and services -€52,261
down €52,261 (-58.5%), from €89,276 to €37,015
- Turnover +€42,295
up €42,295 (+73.6%), from €57,437 to €99,732
- Other operating charges +€6,877
up €6,877 (+292.9%), from €2,348 to €9,225
- Depreciation -€3,005
down €3,005 (-42.1%), from €7,141 to €4,136
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 | €58,656 | €77,288 | +€18,632 | +31.8% |
| Fixed assets | 21/28 | €4,712 | €576 | -€4,136 | -87.8% |
| Tangible fixed assets | 22/27 | €4,712 | €576 | -€4,136 | -87.8% |
| Furniture and vehicles | 24 | €3,964 | €77 | -€3,887 | -98.1% |
| Other tangible fixed assets | 26 | €748 | €499 | -€249 | -33.3% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Current assets | 29/58 | €53,944 | €76,712 | +€22,768 | +42.2% |
| Amounts receivable within one year | 40/41 | €17,938 | €43,588 | +€25,650 | +143.0% |
| Trade receivables | 40 | €15,248 | €7,987 | -€7,261 | -47.6% |
| Other amounts receivable | 41 | €2,691 | €35,602 | +€32,911 | +1223.2% |
| Cash at bank and in hand | 54/58 | €36,005 | €33,123 | -€2,882 | -8.0% |
| Total equity and liabilities | 10/49 | €58,656 | €77,288 | +€18,632 | +31.8% |
| Equity | 10/15 | €18,392 | €26,206 | +€7,814 | +42.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €80,500 | €37,500 | -€43,000 | -53.4% |
| Distributable reserves | 133 | €80,500 | €37,500 | -€43,000 | -53.4% |
| Profit (loss) carried forward | 14 | -€87,108 | -€36,294 | +€50,814 | +58.3% |
| Amounts payable | 17/49 | €40,264 | €51,082 | +€10,818 | +26.9% |
| Amounts payable within one year | 42/48 | €40,264 | €51,082 | +€10,818 | +26.9% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €569 | €732 | +€163 | +28.7% |
| Suppliers | 440/4 | €569 | €732 | +€163 | +28.7% |
| Advances received on contracts in progress | 46 | - | €7,350 | +€7,350 | |
| Taxes, remuneration and social security | 45 | €9,750 | €0 | -€9,750 | -100.0% |
| Taxes | 450/3 | €7,250 | €0 | -€7,250 | -100.0% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts payable | 47/48 | €29,945 | €43,000 | +€13,055 | +43.6% |
| Turnover | 70 | €57,437 | €99,732 | +€42,295 | +73.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,276 | €37,015 | -€52,261 | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,141 | €4,136 | -€3,005 | -42.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €2,348 | €9,225 | +€6,877 | +292.9% |
| Gross operating margin | 9900 | -€26,239 | €64,368 | +€90,606 | |
| Operating profit (loss) | 9901 | -€35,728 | €51,006 | +€86,734 | |
| Financial income | 75/76B | - | €77 | +€77 | |
| Recurring financial income | 75 | - | €77 | +€77 | |
| Financial charges | 65/66B | €130 | €137 | +€8 | +5.9% |
| Recurring financial charges | 65 | €130 | €137 | +€8 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€35,857 | €50,946 | +€86,803 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€35,985 | €50,814 | +€86,799 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,985 | €50,814 | +€86,799 |
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 10 October 2026 via checked.be.