VISTA DESIGN: 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.
VISTA DESIGN
Largest movements
- Tangible fixed assets -€30,321
down €30,321 (-28.5%), from €106,460 to €76,138
of which Land and buildings: -€31,447
- Receivables within one year -€21,276
down €21,276 (-69.9%), from €30,431 to €9,155
of which Trade receivables: -€19,948
- Trade debts -€23,325
down €23,325 (-38.1%), from €61,296 to €37,971
- Other debts -€15,967
down €15,967 (-78.9%), from €20,242 to €4,275
- Short-term financial debts -€14,091
down €14,091 (-98.5%), from €14,302 to €211
- Gross operating margin +€6,447
up €6,447 (+19.5%), from €33,059 to €39,506
- Financial charges +€824
up €824 (+21.4%), from €3,853 to €4,677
- Depreciation +€480
up €480 (+1.5%), from €31,452 to €31,931
- Other operating charges -€413
down €413 (-12.2%), from €3,377 to €2,964
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.
Derived cash bridge
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 | €167,140 | €113,866 | -€53,274 | -31.9% |
| Fixed assets | 21/28 | €106,460 | €76,138 | -€30,321 | -28.5% |
| Tangible fixed assets | 22/27 | €106,460 | €76,138 | -€30,321 | -28.5% |
| Land and buildings | 22 | €105,587 | €74,140 | -€31,447 | -29.8% |
| Plant, machinery and equipment | 23 | - | €1,344 | +€1,344 | |
| Furniture and vehicles | 24 | €873 | €654 | -€218 | -25.0% |
| Current assets | 29/58 | €60,680 | €37,728 | -€22,953 | -37.8% |
| Amounts receivable within one year | 40/41 | €30,431 | €9,155 | -€21,276 | -69.9% |
| Trade receivables | 40 | €25,710 | €5,763 | -€19,948 | -77.6% |
| Other amounts receivable | 41 | €4,721 | €3,392 | -€1,328 | -28.1% |
| Cash at bank and in hand | 54/58 | €29,201 | €27,798 | -€1,403 | -4.8% |
| Deferred charges and accrued income | 490/1 | €1,049 | €775 | -€274 | -26.1% |
| Total equity and liabilities | 10/49 | €167,140 | €113,866 | -€53,274 | -31.9% |
| Equity | 10/15 | €31,129 | €31,080 | -€49 | -0.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,071 | -€5,120 | -€49 | -1.0% |
| Amounts payable | 17/49 | €136,011 | €82,786 | -€53,225 | -39.1% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 170/4 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,011 | €42,786 | -€53,225 | -55.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €14,302 | €211 | -€14,091 | -98.5% |
| Credit institutions | 430/8 | €14,302 | €211 | -€14,091 | -98.5% |
| Trade debts | 44 | €61,296 | €37,971 | -€23,325 | -38.1% |
| Suppliers | 440/4 | €61,296 | €37,971 | -€23,325 | -38.1% |
| Taxes, remuneration and social security | 45 | €172 | €329 | +€157 | +91.4% |
| Taxes | 450/3 | €172 | €329 | +€157 | +91.4% |
| Other amounts payable | 47/48 | €20,242 | €4,275 | -€15,967 | -78.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,452 | €31,931 | +€480 | +1.5% |
| Other operating charges | 640/8 | €3,377 | €2,964 | -€413 | -12.2% |
| Non-recurring operating charges | 66A | €249 | - | -€249 | |
| Gross operating margin | 9900 | €33,059 | €39,506 | +€6,447 | +19.5% |
| Operating profit (loss) | 9901 | -€2,019 | €4,611 | +€6,630 | |
| Financial income | 75/76B | €118 | €174 | +€56 | +47.1% |
| Recurring financial income | 75 | €118 | €174 | +€56 | +47.1% |
| Financial charges | 65/66B | €3,853 | €4,677 | +€824 | +21.4% |
| Recurring financial charges | 65 | €3,853 | €4,677 | +€824 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,754 | €108 | +€5,862 | |
| Income taxes | 67/77 | €172 | €157 | -€15 | -8.6% |
| Profit (loss) for the period | 9904 | -€5,925 | -€49 | +€5,876 | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,925 | -€49 | +€5,876 | +99.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.