VISION PARTNERS: 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 PARTNERS
Largest movements
- Current investments +€250,267
up €250,267 (+15.8%), from €1.6m to €1.8m
- Tangible fixed assets -€70,274
down €70,274 (-15.7%), from €448,431 to €378,156
of which Plant, machinery and equipment: -€47,870
- Cash -€31,418
down €31,418 (-46.0%), from €68,305 to €36,887
mainly Current investments (-€250,267) and Deferred charges and accrued income (-€898)
- Profit (loss) carried forward +€102,136
up €102,136 (+5.2%), from €2.0m to €2.1m
- Tax, wage and social debts +€39,182
up €39,182 (+944.2%), from €4,150 to €43,332
- Financial income +€58,779
up €58,779 (+31.3%), from €187,636 to €246,416
- Taxes +€35,280
up €35,280 (+657.4%), from €5,366 to €40,646
- Financial charges +€9,258
up €9,258 (+71.0%), from €13,037 to €22,294
- Gross operating margin -€5,851
down €5,851 (-151.2%), from -€3,869 to -€9,719
- Other operating charges -€4,415
down €4,415 (-76.7%), from €5,759 to €1,345
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,111,810 | €2,261,282 | +€149,473 | +7.1% |
| Fixed assets | 21/28 | €448,431 | €378,156 | -€70,274 | -15.7% |
| Tangible fixed assets | 22/27 | €448,431 | €378,156 | -€70,274 | -15.7% |
| Land and buildings | 22 | €275,197 | €252,794 | -€22,404 | -8.1% |
| Plant, machinery and equipment | 23 | €173,233 | €125,363 | -€47,870 | -27.6% |
| Current assets | 29/58 | €1,663,379 | €1,883,126 | +€219,747 | +13.2% |
| Amounts receivable within one year | 40/41 | €5,193 | €5,193 | = | 0.0% |
| Other amounts receivable | 41 | €5,193 | €5,193 | = | 0.0% |
| Current investments | 50/53 | €1,588,160 | €1,838,427 | +€250,267 | +15.8% |
| Cash at bank and in hand | 54/58 | €68,305 | €36,887 | -€31,418 | -46.0% |
| Deferred charges and accrued income | 490/1 | €1,721 | €2,618 | +€898 | +52.2% |
| Total equity and liabilities | 10/49 | €2,111,810 | €2,261,282 | +€149,473 | +7.1% |
| Equity | 10/15 | €2,104,312 | €2,206,448 | +€102,136 | +4.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €61,537 | €61,537 | = | 0.0% |
| Non-distributable reserves | 130/1 | €59,494 | €59,494 | = | 0.0% |
| Legal reserve | 130 | €59,494 | €59,494 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,042 | €2,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,980,776 | €2,082,912 | +€102,136 | +5.2% |
| Amounts payable | 17/49 | €7,497 | €54,834 | +€47,336 | +631.4% |
| Amounts payable within one year | 42/48 | €7,497 | €54,834 | +€47,336 | +631.4% |
| Current portion of amounts payable after more than one year | 42 | €267 | €267 | = | 0.0% |
| Trade debts | 44 | €1,281 | €1,234 | -€46 | -3.6% |
| Suppliers | 440/4 | €1,281 | €1,234 | -€46 | -3.6% |
| Taxes, remuneration and social security | 45 | €4,150 | €43,332 | +€39,182 | +944.2% |
| Taxes | 450/3 | €4,150 | €43,332 | +€39,182 | +944.2% |
| Other amounts payable | 47/48 | €1,800 | €10,000 | +€8,200 | +455.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,274 | €70,274 | +€1 | 0.0% |
| Other operating charges | 640/8 | €5,759 | €1,345 | -€4,415 | -76.7% |
| Gross operating margin | 9900 | -€3,869 | -€9,719 | -€5,851 | -151.2% |
| Operating profit (loss) | 9901 | -€79,902 | -€81,339 | -€1,437 | -1.8% |
| Financial income | 75/76B | €187,636 | €246,416 | +€58,779 | +31.3% |
| Recurring financial income | 75 | €187,636 | €246,416 | +€58,779 | +31.3% |
| Financial charges | 65/66B | €13,037 | €22,294 | +€9,258 | +71.0% |
| Recurring financial charges | 65 | €13,037 | €22,294 | +€9,258 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | €94,698 | €142,782 | +€48,084 | +50.8% |
| Income taxes | 67/77 | €5,366 | €40,646 | +€35,280 | +657.4% |
| Profit (loss) for the period | 9904 | €89,332 | €102,136 | +€12,805 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €89,332 | €102,136 | +€12,805 | +14.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.