VISTELLE: 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.
VISTELLE
Largest movements
- Receivables within one year +€46,219
up €46,219 (+32.3%), from €143,287 to €189,506
of which Other amounts receivable: +€46,219
- Cash +€27,450
new in 2024: €27,450
mainly Tax, wage and social debts (+€53,292) and Short-term financial debts (+€36,378)
- Tangible fixed assets -€18,963
down €18,963 (-6.8%), from €277,479 to €258,517
- Tax, wage and social debts +€53,292
up €53,292 (+154%), from €34,639 to €87,931
- Short-term financial debts +€36,378
up €36,378 (+267%), from €13,621 to €49,999
- Profit (loss) carried forward -€30,495
down €30,495 (-10.0%), from €303,597 to €273,101
- Advances received +€15,000
up €15,000 (+75.0%), from €20,000 to €35,000
- Debts after one year -€13,333
down €13,333 (-7.9%), from €168,889 to €155,555
- Other operating charges +€167,019
up €167,019 (+888%), from €18,813 to €185,832
- Taxes -€30,942
down €30,942 (-49.2%), from €62,941 to €31,998
- Gross operating margin +€24,835
up €24,835 (+13.1%), from €190,283 to €215,118
- Depreciation -€3,062
down €3,062 (-13.4%), from €22,938 to €19,876
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 | €869,162 | €928,812 | +€59,650 | +6.9% |
| Fixed assets | 21/28 | €297,512 | €278,549 | -€18,963 | -6.4% |
| Tangible fixed assets | 22/27 | €277,479 | €258,517 | -€18,963 | -6.8% |
| Land and buildings | 22 | €216,265 | €207,362 | -€8,903 | -4.1% |
| Plant, machinery and equipment | 23 | €5,118 | €4,996 | -€122 | -2.4% |
| Furniture and vehicles | 24 | €1,625 | €0 | -€1,625 | -100.0% |
| Other tangible fixed assets | 26 | €54,472 | €46,159 | -€8,313 | -15.3% |
| Financial fixed assets | 28 | €20,033 | €20,033 | = | 0.0% |
| Current assets | 29/58 | €571,650 | €650,262 | +€78,612 | +13.8% |
| Amounts receivable after more than one year | 29 | €426,856 | €426,856 | = | 0.0% |
| Trade receivables | 290 | €426,856 | €426,856 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €143,287 | €189,506 | +€46,219 | +32.3% |
| Trade receivables | 40 | €501 | €501 | = | 0.0% |
| Other amounts receivable | 41 | €142,785 | €189,005 | +€46,219 | +32.4% |
| Cash at bank and in hand | 54/58 | - | €27,450 | +€27,450 | |
| Deferred charges and accrued income | 490/1 | €1,507 | €6,450 | +€4,943 | +328% |
| Total equity and liabilities | 10/49 | €869,162 | €928,812 | +€59,650 | +6.9% |
| Equity | 10/15 | €542,904 | €512,409 | -€30,495 | -5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €233,107 | €233,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €193,747 | €193,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,597 | €273,101 | -€30,495 | -10.0% |
| Amounts payable | 17/49 | €326,258 | €416,403 | +€90,145 | +27.6% |
| Amounts payable after more than one year | 17 | €168,889 | €155,555 | -€13,333 | -7.9% |
| Financial debts | 170/4 | €168,889 | €155,555 | -€13,333 | -7.9% |
| Amounts payable within one year | 42/48 | €157,370 | €260,848 | +€103,478 | +65.8% |
| Current portion of amounts payable after more than one year | 42 | €22,575 | €28,391 | +€5,815 | +25.8% |
| Financial debts | 43 | €13,621 | €49,999 | +€36,378 | +267% |
| Credit institutions | 430/8 | €13,621 | €49,999 | +€36,378 | +267% |
| Trade debts | 44 | €572 | €1,159 | +€587 | +103% |
| Suppliers | 440/4 | €572 | €1,159 | +€587 | +103% |
| Advances received on contracts in progress | 46 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Taxes, remuneration and social security | 45 | €34,639 | €87,931 | +€53,292 | +154% |
| Taxes | 450/3 | €34,639 | €87,931 | +€53,292 | +154% |
| Other amounts payable | 47/48 | €65,962 | €58,369 | -€7,593 | -11.5% |
| Non-recurring operating income | 76A | €2,504 | - | -€2,504 | |
| Remuneration, social security and pensions | 62 | €1,623 | €60 | -€1,563 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,938 | €19,876 | -€3,062 | -13.4% |
| Other operating charges | 640/8 | €18,813 | €185,832 | +€167,019 | +888% |
| Gross operating margin | 9900 | €190,283 | €215,118 | +€24,835 | +13.1% |
| Operating profit (loss) | 9901 | €146,909 | €9,350 | -€137,559 | -93.6% |
| Financial income | 75/76B | €315 | €324 | +€9 | +2.9% |
| Recurring financial income | 75 | €145 | €324 | +€180 | +124% |
| Non-recurring financial income | 76B | €171 | - | -€171 | |
| Financial charges | 65/66B | €8,461 | €8,171 | -€290 | -3.4% |
| Recurring financial charges | 65 | €8,461 | €8,171 | -€290 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €138,763 | €1,503 | -€137,259 | -98.9% |
| Income taxes | 67/77 | €62,941 | €31,998 | -€30,942 | -49.2% |
| Profit (loss) for the period | 9904 | €75,822 | -€30,495 | -€106,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,822 | -€30,495 | -€106,317 |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.