Vision Projects: 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 Projects
Largest movements
- Receivables within one year +€11,787
new in 2025: €11,787
- Stocks and contracts +€5,373
new in 2025: €5,373
- Cash -€2,485
down €2,485 (-99.5%), from €2,498 to €13
- Profit (loss) carried forward +€6,383
up €6,383, from -€1,648 to €4,735
- Trade debts +€4,580
up €4,580 (+4821.8%), from €95 to €4,675
- Tax, wage and social debts +€2,500
new in 2025: €2,500
- Other debts +€1,263
up €1,263 (+84.2%), from €1,500 to €2,763
- Other operating charges +€3,323
new in 2025: €3,323
- Gross operating margin +€832
up €832, from -€95 to €737
- Financial charges +€39
up €39 (+76.3%), from €51 to €90
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,498 | €17,173 | +€14,675 | +587.5% |
| Current assets | 29/58 | €2,498 | €17,173 | +€14,675 | +587.5% |
| Stocks and contracts in progress | 3 | - | €5,373 | +€5,373 | |
| Stocks | 30/36 | - | €5,373 | +€5,373 | |
| Amounts receivable within one year | 40/41 | - | €11,787 | +€11,787 | |
| Trade receivables | 40 | - | €11,787 | +€11,787 | |
| Cash at bank and in hand | 54/58 | €2,498 | €13 | -€2,485 | -99.5% |
| Total equity and liabilities | 10/49 | €2,498 | €17,173 | +€14,675 | +587.5% |
| Equity | 10/15 | €852 | €7,235 | +€6,383 | +749.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,648 | €4,735 | +€6,383 | |
| Amounts payable | 17/49 | €1,646 | €9,938 | +€8,292 | +503.8% |
| Amounts payable within one year | 42/48 | €1,595 | €9,938 | +€8,343 | +523.1% |
| Trade debts | 44 | €95 | €4,675 | +€4,580 | +4821.8% |
| Suppliers | 440/4 | €95 | €4,675 | +€4,580 | +4821.8% |
| Taxes, remuneration and social security | 45 | - | €2,500 | +€2,500 | |
| Taxes | 450/3 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €1,500 | €2,763 | +€1,263 | +84.2% |
| Accrued charges and deferred income | 492/3 | €51 | €0 | -€51 | -99.9% |
| Other operating charges | 640/8 | - | €3,323 | +€3,323 | |
| Gross operating margin | 9900 | -€95 | €737 | +€832 | |
| Operating profit (loss) | 9901 | -€95 | -€2,587 | -€2,492 | -2623.3% |
| Financial charges | 65/66B | €51 | €90 | +€39 | +76.3% |
| Recurring financial charges | 65 | €51 | €90 | +€39 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | -€146 | -€2,677 | -€2,531 | -1733.1% |
| Profit (loss) for the period | 9904 | -€146 | -€2,677 | -€2,531 | -1733.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€146 | -€2,677 | -€2,531 | -1733.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 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.