VISION NORD-SUD: what changed
VISION NORD-SUD
Largest movements
- Cash -€15,818
down €15,818 (-90.7%), from €17,433 to €1,615
mainly Receivables within one year (-€10,821) and Trade debts (-€8,975)
- Receivables within one year +€10,821
up €10,821 (+23.9%), from €45,356 to €56,177
of which Other amounts receivable: +€8,480
- Tangible fixed assets -€4,496
no longer reported in 2022 (was €4,496)
- Trade debts -€8,975
down €8,975 (-64.2%), from €13,986 to €5,011
- Advances received -€1,500
no longer reported in 2022 (was €1,500)
- Gross operating margin -€8,991
down €8,991 (-32.7%), from €27,469 to €18,478
- Taxes +€6,960
new in 2022: €6,960
- Staff costs +€4,517
up €4,517 (+1,471%), from €307 to €4,824
- Depreciation -€1,636
down €1,636 (-26.7%), from €6,132 to €4,496
- Other operating charges +€355
up €355 (+32.5%), from €1,092 to €1,447
Change in the result, 2021 to 2022
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2021 and 2022 balance sheets and the 2022 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,399 | €57,962 | -€9,437 | -14.0% |
| Fixed assets | 21/28 | €4,611 | €115 | -€4,496 | -97.5% |
| Tangible fixed assets | 22/27 | €4,496 | - | -€4,496 | |
| Furniture and vehicles | 24 | €4,496 | - | -€4,496 | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €62,788 | €57,847 | -€4,941 | -7.9% |
| Amounts receivable within one year | 40/41 | €45,356 | €56,177 | +€10,821 | +23.9% |
| Trade receivables | 40 | €9,252 | €11,593 | +€2,341 | +25.3% |
| Other amounts receivable | 41 | €36,104 | €44,583 | +€8,480 | +23.5% |
| Cash at bank and in hand | 54/58 | €17,433 | €1,615 | -€15,818 | -90.7% |
| Deferred charges and accrued income | 490/1 | - | €56 | +€56 | |
| Total equity and liabilities | 10/49 | €67,399 | €57,962 | -€9,437 | -14.0% |
| Equity | 10/15 | €51,037 | €51,631 | +€594 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,977 | €43,571 | +€594 | +1.4% |
| Amounts payable | 17/49 | €16,362 | €6,332 | -€10,031 | -61.3% |
| Amounts payable within one year | 42/48 | €16,362 | €6,332 | -€10,031 | -61.3% |
| Trade debts | 44 | €13,986 | €5,011 | -€8,975 | -64.2% |
| Suppliers | 440/4 | €13,986 | €5,011 | -€8,975 | -64.2% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €876 | €1,321 | +€445 | +50.8% |
| Taxes | 450/3 | €876 | €1,321 | +€445 | +50.8% |
| Remuneration, social security and pensions | 62 | €307 | €4,824 | +€4,517 | +1,471% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,132 | €4,496 | -€1,636 | -26.7% |
| Other operating charges | 640/8 | €1,092 | €1,447 | +€355 | +32.5% |
| Gross operating margin | 9900 | €27,469 | €18,478 | -€8,991 | -32.7% |
| Operating profit (loss) | 9901 | €19,937 | €7,711 | -€12,227 | -61.3% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €211 | €171 | -€41 | -19.3% |
| Recurring financial charges | 65 | €211 | €171 | -€41 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €19,726 | €7,553 | -€12,173 | -61.7% |
| Income taxes | 67/77 | - | €6,960 | +€6,960 | |
| Profit (loss) for the period | 9904 | €19,726 | €594 | -€19,132 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,726 | €594 | -€19,132 | -97.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.