VISTA POINT GROUP: 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 POINT GROUP
Largest movements
- Receivables after one year -€365,804
down €365,804 (-23.2%), from €1.6m to €1.2m
- Financial fixed assets +€107,803
up €107,803 (+67.4%), from €159,900 to €267,703
- Cash +€90,481
up €90,481 (+229.9%), from €39,360 to €129,840
mainly Receivables after one year (+€365,804) and Contributions, distributions and other (+€50,000)
- Deferred charges and accrued income -€28,708
down €28,708 (-52.1%), from €55,049 to €26,341
- Receivables within one year -€19,333
down €19,333 (-38.7%), from €50,000 to €30,667
of which Trade receivables: -€20,765
- Debts after one year -€267,000
down €267,000 (-26.8%), from €995,736 to €728,736
- Contributions +€50,000
up €50,000 (+6.7%), from €750,000 to €800,000
- Gross operating margin -€83,431
down €83,431 (-99.0%), from €84,265 to €834
- Taxes -€19,980
down €19,980 (-99.4%), from €20,105 to €126
- Financial income -€8,181
down €8,181 (-15.5%), from €52,947 to €44,766
- Financial charges +€7,291
up €7,291 (+19.0%), from €38,324 to €45,616
- Depreciation +€1,179
up €1,179 (+93.4%), from €1,262 to €2,441
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 | €1,891,583 | €1,673,580 | -€218,002 | -11.5% |
| Fixed assets | 21/28 | €169,066 | €274,429 | +€105,362 | +62.3% |
| Tangible fixed assets | 22/27 | €9,166 | €6,725 | -€2,441 | -26.6% |
| Furniture and vehicles | 24 | €9,166 | €6,725 | -€2,441 | -26.6% |
| Financial fixed assets | 28 | €159,900 | €267,703 | +€107,803 | +67.4% |
| Current assets | 29/58 | €1,722,516 | €1,399,152 | -€323,365 | -18.8% |
| Amounts receivable after more than one year | 29 | €1,578,108 | €1,212,304 | -€365,804 | -23.2% |
| Other amounts receivable | 291 | €1,578,108 | €1,212,304 | -€365,804 | -23.2% |
| Amounts receivable within one year | 40/41 | €50,000 | €30,667 | -€19,333 | -38.7% |
| Trade receivables | 40 | €50,000 | €29,235 | -€20,765 | -41.5% |
| Other amounts receivable | 41 | - | €1,432 | +€1,432 | |
| Cash at bank and in hand | 54/58 | €39,360 | €129,840 | +€90,481 | +229.9% |
| Deferred charges and accrued income | 490/1 | €55,049 | €26,341 | -€28,708 | -52.1% |
| Total equity and liabilities | 10/49 | €1,891,583 | €1,673,580 | -€218,002 | -11.5% |
| Equity | 10/15 | €826,573 | €873,089 | +€46,516 | +5.6% |
| Contributions | 10/11 | €750,000 | €800,000 | +€50,000 | +6.7% |
| Capital | 10 | €750,000 | €800,000 | +€50,000 | +6.7% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Uncalled capital | 101 | €1,250,000 | €1,200,000 | -€50,000 | -4.0% |
| Reserves | 13 | €76,573 | €76,573 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,829 | €3,829 | = | 0.0% |
| Legal reserve | 130 | €3,829 | €3,829 | = | 0.0% |
| Distributable reserves | 133 | €72,744 | €72,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,484 | -€3,484 | |
| Amounts payable | 17/49 | €1,065,010 | €800,492 | -€264,518 | -24.8% |
| Amounts payable after more than one year | 17 | €995,736 | €728,736 | -€267,000 | -26.8% |
| Financial debts | 170/4 | €995,736 | €728,736 | -€267,000 | -26.8% |
| Amounts payable within one year | 42/48 | €32,136 | €24,760 | -€7,376 | -23.0% |
| Trade debts | 44 | €1,659 | €1,633 | -€26 | -1.6% |
| Suppliers | 440/4 | €1,659 | €1,633 | -€26 | -1.6% |
| Taxes, remuneration and social security | 45 | €30,477 | €23,126 | -€7,350 | -24.1% |
| Taxes | 450/3 | €30,477 | €23,126 | -€7,350 | -24.1% |
| Accrued charges and deferred income | 492/3 | €37,138 | €46,996 | +€9,858 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,262 | €2,441 | +€1,179 | +93.4% |
| Other operating charges | 640/8 | €948 | €902 | -€45 | -4.8% |
| Gross operating margin | 9900 | €84,265 | €834 | -€83,431 | -99.0% |
| Operating profit (loss) | 9901 | €82,055 | -€2,509 | -€84,565 | |
| Financial income | 75/76B | €52,947 | €44,766 | -€8,181 | -15.5% |
| Recurring financial income | 75 | €52,947 | €44,766 | -€8,181 | -15.5% |
| Financial charges | 65/66B | €38,324 | €45,616 | +€7,291 | +19.0% |
| Recurring financial charges | 65 | €38,324 | €45,616 | +€7,291 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €96,678 | -€3,359 | -€100,037 | |
| Income taxes | 67/77 | €20,105 | €126 | -€19,980 | -99.4% |
| Profit (loss) for the period | 9904 | €76,573 | -€3,484 | -€80,057 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,573 | -€3,484 | -€80,057 |
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 12 October 2026 via checked.be.