VisionAirHD: 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.
VisionAirHD
Largest movements
- Cash +€13,024
up €13,024 (+121.9%), from €10,683 to €23,707
mainly Depreciation (+€5,518) and Net result for the year (+€4,542)
- Tangible fixed assets -€5,518
down €5,518 (-36.7%), from €15,030 to €9,512
of which Furniture and vehicles: -€4,668
- Profit (loss) carried forward +€4,542
up €4,542 (+33.3%), from -€13,659 to -€9,117
- Trade debts +€1,454
up €1,454 (+73.8%), from €1,970 to €3,424
- Tax, wage and social debts +€1,121
up €1,121 (+36.7%), from €3,054 to €4,175
- Gross operating margin +€1,759
up €1,759 (+14.5%), from €12,103 to €13,861
- Depreciation -€1,121
down €1,121 (-16.9%), from €6,639 to €5,518
- Taxes -€896
down €896 (-30.5%), from €2,933 to €2,037
- Other operating charges +€263
up €263 (+19.0%), from €1,387 to €1,650
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 | €26,538 | €33,720 | +€7,182 | +27.1% |
| Fixed assets | 21/28 | €15,380 | €9,862 | -€5,518 | -35.9% |
| Tangible fixed assets | 22/27 | €15,030 | €9,512 | -€5,518 | -36.7% |
| Plant, machinery and equipment | 23 | €1,338 | €488 | -€850 | -63.6% |
| Furniture and vehicles | 24 | €13,692 | €9,024 | -€4,668 | -34.1% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €11,158 | €23,858 | +€12,700 | +113.8% |
| Amounts receivable within one year | 40/41 | €147 | €151 | +€4 | +2.9% |
| Trade receivables | 40 | €147 | €151 | +€4 | +2.9% |
| Cash at bank and in hand | 54/58 | €10,683 | €23,707 | +€13,024 | +121.9% |
| Deferred charges and accrued income | 490/1 | €328 | €0 | -€328 | -100.0% |
| Total equity and liabilities | 10/49 | €26,538 | €33,720 | +€7,182 | +27.1% |
| Equity | 10/15 | €21,341 | €25,883 | +€4,542 | +21.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,659 | -€9,117 | +€4,542 | +33.3% |
| Amounts payable | 17/49 | €5,197 | €7,836 | +€2,639 | +50.8% |
| Amounts payable within one year | 42/48 | €5,197 | €7,836 | +€2,639 | +50.8% |
| Trade debts | 44 | €1,970 | €3,424 | +€1,454 | +73.8% |
| Suppliers | 440/4 | €1,970 | €3,424 | +€1,454 | +73.8% |
| Taxes, remuneration and social security | 45 | €3,054 | €4,175 | +€1,121 | +36.7% |
| Taxes | 450/3 | €3,054 | €4,175 | +€1,121 | +36.7% |
| Other amounts payable | 47/48 | €173 | €238 | +€65 | +37.3% |
| Non-recurring operating income | 76A | €1,810 | €0 | -€1,810 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,639 | €5,518 | -€1,121 | -16.9% |
| Other operating charges | 640/8 | €1,387 | €1,650 | +€263 | +19.0% |
| Gross operating margin | 9900 | €12,103 | €13,861 | +€1,759 | +14.5% |
| Operating profit (loss) | 9901 | €4,077 | €6,693 | +€2,617 | +64.2% |
| Financial charges | 65/66B | €123 | €114 | -€9 | -7.1% |
| Recurring financial charges | 65 | €123 | €114 | -€9 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €3,954 | €6,579 | +€2,625 | +66.4% |
| Income taxes | 67/77 | €2,933 | €2,037 | -€896 | -30.5% |
| Profit (loss) for the period | 9904 | €1,021 | €4,542 | +€3,521 | +344.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,021 | €4,542 | +€3,521 | +344.8% |
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 5 October 2026 via checked.be.