VISSERS & Co: what changed
Two financial 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.
VISSERS & Co
Largest movements
- Tangible fixed assets -€7,725
down €7,725 (-7.8%), from €98,647 to €90,922
of which Land and buildings: -€7,169
- Cash -€5,887
down €5,887 (-68.8%), from €8,551 to €2,664
mainly Debts after one year (-€9,236) and Other debts (-€6,547)
- Receivables within one year -€2,502
down €2,502 (-13.8%), from €18,154 to €15,652
of which Trade receivables: -€3,572
- Debts after one year -€9,236
down €9,236 (-8.5%), from €108,685 to €99,449
- Other debts -€6,547
down €6,547 (-24.9%), from €26,345 to €19,798
- Profit (loss) carried forward -€1,419
down €1,419 (-2.0%), from -€71,500 to -€72,919
- Gross operating margin -€4,910
down €4,910 (-27.4%), from €17,936 to €13,026
- Depreciation -€1,274
down €1,274 (-14.2%), from €8,999 to €7,725
- Financial charges +€239
up €239 (+5.7%), from €4,200 to €4,438
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.
Derived cash bridge
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 | €133,253 | €116,401 | -€16,852 | -12.6% |
| Fixed assets | 21/28 | €98,742 | €91,017 | -€7,725 | -7.8% |
| Tangible fixed assets | 22/27 | €98,647 | €90,922 | -€7,725 | -7.8% |
| Land and buildings | 22 | €96,813 | €89,644 | -€7,169 | -7.4% |
| Plant, machinery and equipment | 23 | €1,659 | €1,172 | -€487 | -29.3% |
| Furniture and vehicles | 24 | €174 | €106 | -€69 | -39.3% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €34,511 | €25,384 | -€9,127 | -26.4% |
| Stocks and contracts in progress | 3 | €7,435 | €6,692 | -€744 | -10.0% |
| Stocks | 30/36 | €7,435 | €6,692 | -€744 | -10.0% |
| Amounts receivable within one year | 40/41 | €18,154 | €15,652 | -€2,502 | -13.8% |
| Trade receivables | 40 | €10,133 | €6,561 | -€3,572 | -35.3% |
| Other amounts receivable | 41 | €8,021 | €9,091 | +€1,070 | +13.3% |
| Cash at bank and in hand | 54/58 | €8,551 | €2,664 | -€5,887 | -68.8% |
| Deferred charges and accrued income | 490/1 | €372 | €376 | +€5 | +1.3% |
| Total equity and liabilities | 10/49 | €133,253 | €116,401 | -€16,852 | -12.6% |
| Equity | 10/15 | -€33,120 | -€34,539 | -€1,419 | -4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €25,980 | €25,980 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,080 | €24,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,500 | -€72,919 | -€1,419 | -2.0% |
| Amounts payable | 17/49 | €166,373 | €150,940 | -€15,433 | -9.3% |
| Amounts payable after more than one year | 17 | €108,685 | €99,449 | -€9,236 | -8.5% |
| Financial debts | 170/4 | €108,685 | €99,449 | -€9,236 | -8.5% |
| Amounts payable within one year | 42/48 | €57,688 | €51,491 | -€6,197 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €8,954 | €9,236 | +€282 | +3.2% |
| Financial debts | 43 | - | €554 | +€554 | |
| Credit institutions | 430/8 | - | €554 | +€554 | |
| Trade debts | 44 | €21,867 | €21,767 | -€100 | -0.5% |
| Suppliers | 440/4 | €21,867 | €21,767 | -€100 | -0.5% |
| Taxes, remuneration and social security | 45 | €522 | €136 | -€386 | -73.9% |
| Taxes | 450/3 | €522 | €136 | -€386 | -73.9% |
| Other amounts payable | 47/48 | €26,345 | €19,798 | -€6,547 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,999 | €7,725 | -€1,274 | -14.2% |
| Other operating charges | 640/8 | €2,244 | €2,146 | -€98 | -4.4% |
| Gross operating margin | 9900 | €17,936 | €13,026 | -€4,910 | -27.4% |
| Operating profit (loss) | 9901 | €6,694 | €3,155 | -€3,538 | -52.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.1% |
| Financial charges | 65/66B | €4,200 | €4,438 | +€239 | +5.7% |
| Recurring financial charges | 65 | €4,200 | €4,438 | +€239 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €2,495 | -€1,283 | -€3,778 | |
| Income taxes | 67/77 | €197 | €136 | -€61 | -30.8% |
| Profit (loss) for the period | 9904 | €2,298 | -€1,419 | -€3,717 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,298 | -€1,419 | -€3,717 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.