Vision V.U.: 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 V.U.
Largest movements
- Cash -€19,580
down €19,580 (-53.9%), from €36,331 to €16,752
mainly Net result for the year (-€9,222) and Debts after one year (-€8,614)
- Receivables within one year -€6,350
down €6,350 (-5.3%), from €119,392 to €113,043
of which Other amounts receivable: -€6,740
- Profit (loss) carried forward -€9,222
down €9,222 (-23.1%), from €39,973 to €30,751
- Debts after one year -€8,614
down €8,614 (-33.9%), from €25,434 to €16,820
- Current portion of long-term debt -€3,508
down €3,508 (-28.9%), from €12,122 to €8,614
- Other debts -€2,110
down €2,110 (-7.5%), from €28,011 to €25,901
- Gross operating margin +€23,298
up €23,298 (+78.4%), from -€29,702 to -€6,404
- Financial charges -€8,145
down €8,145 (-85.0%), from €9,582 to €1,437
- Depreciation -€1,408
down €1,408 (-75.1%), from €1,875 to €467
- Other operating charges -€1,200
down €1,200 (-56.8%), from €2,115 to €914
- Taxes +€455
up €455, from -€455 to €0
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 | €161,508 | €135,112 | -€26,397 | -16.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €5,785 | €5,318 | -€467 | -8.1% |
| Tangible fixed assets | 22/27 | €785 | €318 | -€467 | -59.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €785 | €318 | -€467 | -59.5% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €155,724 | €129,794 | -€25,930 | -16.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €119,392 | €113,043 | -€6,350 | -5.3% |
| Trade receivables | 40 | €7,969 | €8,359 | +€390 | +4.9% |
| Other amounts receivable | 41 | €111,423 | €104,683 | -€6,740 | -6.0% |
| Cash at bank and in hand | 54/58 | €36,331 | €16,752 | -€19,580 | -53.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €161,508 | €135,112 | -€26,397 | -16.3% |
| Equity | 10/15 | €89,973 | €80,751 | -€9,222 | -10.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,973 | €30,751 | -€9,222 | -23.1% |
| Amounts payable | 17/49 | €71,535 | €54,360 | -€17,174 | -24.0% |
| Amounts payable after more than one year | 17 | €25,434 | €16,820 | -€8,614 | -33.9% |
| Financial debts | 170/4 | €25,434 | €16,820 | -€8,614 | -33.9% |
| Amounts payable within one year | 42/48 | €46,101 | €37,540 | -€8,561 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €12,122 | €8,614 | -€3,508 | -28.9% |
| Trade debts | 44 | €4,423 | €3,026 | -€1,398 | -31.6% |
| Suppliers | 440/4 | €4,423 | €3,026 | -€1,398 | -31.6% |
| Taxes, remuneration and social security | 45 | €1,545 | €0 | -€1,545 | -100.0% |
| Taxes | 450/3 | €1,545 | €0 | -€1,545 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,011 | €25,901 | -€2,110 | -7.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,875 | €467 | -€1,408 | -75.1% |
| Other operating charges | 640/8 | €2,115 | €914 | -€1,200 | -56.8% |
| Gross operating margin | 9900 | -€29,702 | -€6,404 | +€23,298 | +78.4% |
| Operating profit (loss) | 9901 | -€33,692 | -€7,785 | +€25,907 | +76.9% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €9,582 | €1,437 | -€8,145 | -85.0% |
| Recurring financial charges | 65 | €9,582 | €1,437 | -€8,145 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | -€43,265 | -€9,222 | +€34,042 | +78.7% |
| Income taxes | 67/77 | -€455 | €0 | +€455 | |
| Profit (loss) for the period | 9904 | -€42,810 | -€9,222 | +€33,588 | +78.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,810 | -€9,222 | +€33,588 | +78.5% |
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 2 October 2026 via checked.be.