VISIONATA: 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.
VISIONATA
Largest movements
- Cash +€66,038
up €66,038 (+59.6%), from €110,790 to €176,828
mainly Net result for the year (+€53,623) and Receivables within one year (+€30,758)
- Receivables within one year -€30,758
down €30,758 (-34.2%), from €90,027 to €59,269
of which Trade receivables: -€48,608
- Tangible fixed assets -€4,794
down €4,794 (-25.8%), from €18,587 to €13,793
of which Furniture and vehicles: -€3,330
- Deferred charges and accrued income -€3,988
down €3,988 (-54.4%), from €7,336 to €3,348
- Reserves +€53,623
up €53,623 (+34.0%), from €157,508 to €211,132
- Tax, wage and social debts -€15,694
down €15,694 (-68.1%), from €23,042 to €7,348
of which Taxes: -€15,783
- Trade debts -€10,518
down €10,518 (-36.8%), from €28,591 to €18,072
- Gross operating margin -€9,416
down €9,416 (-9.8%), from €95,930 to €86,514
- Taxes -€1,883
down €1,883 (-7.2%), from €26,061 to €24,177
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 | €226,741 | €253,238 | +€26,498 | +11.7% |
| Fixed assets | 21/28 | €18,587 | €13,793 | -€4,794 | -25.8% |
| Tangible fixed assets | 22/27 | €18,587 | €13,793 | -€4,794 | -25.8% |
| Plant, machinery and equipment | 23 | €841 | €200 | -€641 | -76.2% |
| Furniture and vehicles | 24 | €12,913 | €9,582 | -€3,330 | -25.8% |
| Other tangible fixed assets | 26 | €4,834 | €4,010 | -€823 | -17.0% |
| Current assets | 29/58 | €208,153 | €239,445 | +€31,292 | +15.0% |
| Amounts receivable within one year | 40/41 | €90,027 | €59,269 | -€30,758 | -34.2% |
| Trade receivables | 40 | €86,663 | €38,055 | -€48,608 | -56.1% |
| Other amounts receivable | 41 | €3,364 | €21,214 | +€17,850 | +530.6% |
| Cash at bank and in hand | 54/58 | €110,790 | €176,828 | +€66,038 | +59.6% |
| Deferred charges and accrued income | 490/1 | €7,336 | €3,348 | -€3,988 | -54.4% |
| Total equity and liabilities | 10/49 | €226,741 | €253,238 | +€26,498 | +11.7% |
| Equity | 10/15 | €163,708 | €217,332 | +€53,623 | +32.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €157,508 | €211,132 | +€53,623 | +34.0% |
| Distributable reserves | 133 | €157,508 | €211,132 | +€53,623 | +34.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,033 | €35,907 | -€27,126 | -43.0% |
| Amounts payable within one year | 42/48 | €53,433 | €25,420 | -€28,012 | -52.4% |
| Trade debts | 44 | €28,591 | €18,072 | -€10,518 | -36.8% |
| Suppliers | 440/4 | €28,591 | €18,072 | -€10,518 | -36.8% |
| Taxes, remuneration and social security | 45 | €23,042 | €7,348 | -€15,694 | -68.1% |
| Taxes | 450/3 | €20,118 | €4,335 | -€15,783 | -78.5% |
| Remuneration and social security | 454/9 | €2,924 | €3,013 | +€89 | +3.0% |
| Other amounts payable | 47/48 | €1,800 | €0 | -€1,800 | -100.0% |
| Accrued charges and deferred income | 492/3 | €9,600 | €10,486 | +€886 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,279 | €4,794 | +€516 | +12.0% |
| Other operating charges | 640/8 | €337 | €534 | +€197 | +58.3% |
| Gross operating margin | 9900 | €95,930 | €86,514 | -€9,416 | -9.8% |
| Operating profit (loss) | 9901 | €91,314 | €81,186 | -€10,128 | -11.1% |
| Financial income | 75/76B | €26 | €83 | +€57 | +220.1% |
| Recurring financial income | 75 | €26 | €83 | +€57 | +220.1% |
| Financial charges | 65/66B | €2,525 | €3,468 | +€943 | +37.3% |
| Recurring financial charges | 65 | €2,525 | €3,468 | +€943 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €88,815 | €77,801 | -€11,014 | -12.4% |
| Income taxes | 67/77 | €26,061 | €24,177 | -€1,883 | -7.2% |
| Profit (loss) for the period | 9904 | €62,754 | €53,623 | -€9,131 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,754 | €53,623 | -€9,131 | -14.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.