Vision point: 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 point
Largest movements
- Receivables within one year +€111
new in 2025: €111
- Cash -€8
down €8 (-2.1%), from €366 to €359
mainly Tax, wage and social debts (-€493) and Net result for the year (-€317)
- Other debts +€912
up €912 (+3.3%), from €27,754 to €28,667
- Tax, wage and social debts -€493
down €493 (-37.7%), from €1,307 to €814
of which Remuneration and social security: -€493
- Profit (loss) carried forward -€317
down €317 (-0.9%), from -€35,695 to -€36,012
- Staff costs -€9,649
no longer reported in 2025 (was €9,649)
- Gross operating margin +€3,929
up €3,929 (+94.3%), from -€4,167 to -€239
- Other operating charges -€1,586
no longer reported in 2025 (was €1,586)
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 | €366 | €470 | +€103 | +28.1% |
| Current assets | 29/58 | €366 | €470 | +€103 | +28.1% |
| Amounts receivable within one year | 40/41 | - | €111 | +€111 | |
| Trade receivables | 40 | - | €111 | +€111 | |
| Cash at bank and in hand | 54/58 | €366 | €359 | -€8 | -2.1% |
| Total equity and liabilities | 10/49 | €366 | €470 | +€103 | +28.1% |
| Equity | 10/15 | -€28,695 | -€29,012 | -€317 | -1.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,695 | -€36,012 | -€317 | -0.9% |
| Amounts payable | 17/49 | €29,062 | €29,481 | +€420 | +1.4% |
| Amounts payable within one year | 42/48 | €29,062 | €29,481 | +€420 | +1.4% |
| Taxes, remuneration and social security | 45 | €1,307 | €814 | -€493 | -37.7% |
| Taxes | 450/3 | €814 | €814 | = | 0.0% |
| Remuneration and social security | 454/9 | €493 | - | -€493 | |
| Other amounts payable | 47/48 | €27,754 | €28,667 | +€912 | +3.3% |
| Remuneration, social security and pensions | 62 | €9,649 | - | -€9,649 | |
| Other operating charges | 640/8 | €1,586 | - | -€1,586 | |
| Gross operating margin | 9900 | -€4,167 | -€239 | +€3,929 | +94.3% |
| Operating profit (loss) | 9901 | -€15,401 | -€239 | +€15,163 | +98.5% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €74 | €78 | +€4 | +5.6% |
| Recurring financial charges | 65 | €74 | €78 | +€4 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,465 | -€317 | +€15,149 | +98.0% |
| Profit (loss) for the period | 9904 | -€15,465 | -€317 | +€15,149 | +98.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,465 | -€317 | +€15,149 | +98.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.