VISU AGENCY: what changed
VISU AGENCY
Largest movements
- Cash +€9,191
up €9,191 (+11.0%), from €83,822 to €93,013
mainly Net result for the year (+€13,435) and Tax, wage and social debts (+€4,887)
- Receivables within one year +€6,757
up €6,757 (+80.0%), from €8,443 to €15,200
- Tangible fixed assets +€2,923
up €2,923 (+83.7%), from €3,493 to €6,416
of which Plant, machinery and equipment: +€3,490
- Reserves +€13,435
up €13,435 (+41.3%), from €32,563 to €45,998
of which Distributable reserves: +€13,435
- Tax, wage and social debts +€4,887
up €4,887 (+212%), from €2,303 to €7,189
of which Taxes: +€4,887
- Trade debts +€4,844
up €4,844 (+536%), from €903 to €5,747
- Other debts -€4,710
down €4,710 (-18.2%), from €25,827 to €21,117
- Gross operating margin +€5,612
up €5,612 (+33.9%), from €16,553 to €22,165
- Taxes +€3,994
up €3,994 (+296%), from €1,351 to €5,345
- Depreciation -€1,574
down €1,574 (-33.8%), from €4,655 to €3,080
- Financial income +€227
up €227 (+115%), from €197 to €423
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,575 | €115,031 | +€18,455 | +19.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,493 | €6,416 | +€2,923 | +83.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €3,493 | €6,416 | +€2,923 | +83.7% |
| Plant, machinery and equipment | 23 | €2,799 | €6,289 | +€3,490 | +125% |
| Furniture and vehicles | 24 | €694 | €127 | -€568 | -81.8% |
| Current assets | 29/58 | €93,082 | €108,615 | +€15,533 | +16.7% |
| Amounts receivable within one year | 40/41 | €8,443 | €15,200 | +€6,757 | +80.0% |
| Trade receivables | 40 | €8,443 | €15,200 | +€6,757 | +80.0% |
| Cash at bank and in hand | 54/58 | €83,822 | €93,013 | +€9,191 | +11.0% |
| Deferred charges and accrued income | 490/1 | €817 | €401 | -€416 | -50.9% |
| Total equity and liabilities | 10/49 | €96,575 | €115,031 | +€18,455 | +19.1% |
| Equity | 10/15 | €67,542 | €80,977 | +€13,435 | +19.9% |
| Contributions | 10/11 | €186 | €186 | = | 0.0% |
| Reserves | 13 | €32,563 | €45,998 | +€13,435 | +41.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,703 | €44,138 | +€13,435 | +43.8% |
| Profit (loss) carried forward | 14 | €34,793 | €34,793 | = | 0.0% |
| Amounts payable | 17/49 | €29,033 | €34,053 | +€5,020 | +17.3% |
| Amounts payable within one year | 42/48 | €29,033 | €34,053 | +€5,020 | +17.3% |
| Trade debts | 44 | €903 | €5,747 | +€4,844 | +536% |
| Suppliers | 440/4 | €903 | €5,747 | +€4,844 | +536% |
| Taxes, remuneration and social security | 45 | €2,303 | €7,189 | +€4,887 | +212% |
| Taxes | 450/3 | €2,303 | €7,189 | +€4,887 | +212% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,827 | €21,117 | -€4,710 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,655 | €3,080 | -€1,574 | -33.8% |
| Other operating charges | 640/8 | €768 | €572 | -€196 | -25.5% |
| Gross operating margin | 9900 | €16,553 | €22,165 | +€5,612 | +33.9% |
| Operating profit (loss) | 9901 | €11,130 | €18,513 | +€7,383 | +66.3% |
| Financial income | 75/76B | €197 | €423 | +€227 | +115% |
| Recurring financial income | 75 | €197 | €423 | +€227 | +115% |
| Financial charges | 65/66B | €213 | €157 | -€55 | -26.1% |
| Recurring financial charges | 65 | €213 | €157 | -€55 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €11,115 | €18,780 | +€7,665 | +69.0% |
| Income taxes | 67/77 | €1,351 | €5,345 | +€3,994 | +296% |
| Profit (loss) for the period | 9904 | €9,764 | €13,435 | +€3,671 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,764 | €13,435 | +€3,671 | +37.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.