VISUALL: what changed
Two fiscal 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.
VISUALL
Largest movements
- Tangible fixed assets +€5,102
up €5,102 (+22.8%), from €22,417 to €27,519
of which Plant, machinery and equipment: +€4,319
- Cash +€3,415
new in 2025: €3,415
mainly Net result for the year (+€19,081) and Depreciation (+€13,727)
- Receivables within one year +€2,983
up €2,983 (+1369.4%), from €218 to €3,200
- Deferred charges and accrued income -€922
down €922 (-74.0%), from €1,246 to €324
- Profit (loss) carried forward +€11,947
up €11,947, from -€11,947 to €0
- Other debts -€9,075
down €9,075 (-48.0%), from €18,896 to €9,821
- Reserves +€7,134
up €7,134 (+1412.8%), from €505 to €7,639
- Short-term financial debts -€1,970
down €1,970 (-100.0%), from €1,970 to €0
- Trade debts +€1,383
up €1,383 (+184.4%), from €750 to €2,133
- Gross operating margin +€13,089
up €13,089 (+61.6%), from €21,241 to €34,330
- Depreciation +€4,936
up €4,936 (+56.2%), from €8,791 to €13,727
- Financial charges +€838
up €838 (+513.6%), from €163 to €1,002
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 | €23,881 | €34,458 | +€10,577 | +44.3% |
| Fixed assets | 21/28 | €22,417 | €27,519 | +€5,102 | +22.8% |
| Tangible fixed assets | 22/27 | €22,417 | €27,519 | +€5,102 | +22.8% |
| Plant, machinery and equipment | 23 | €20,654 | €24,973 | +€4,319 | +20.9% |
| Furniture and vehicles | 24 | €1,763 | €1,158 | -€605 | -34.3% |
| Other tangible fixed assets | 26 | - | €1,388 | +€1,388 | |
| Current assets | 29/58 | €1,464 | €6,939 | +€5,475 | +374.1% |
| Amounts receivable within one year | 40/41 | €218 | €3,200 | +€2,983 | +1369.4% |
| Trade receivables | 40 | €218 | €3,200 | +€2,983 | +1369.4% |
| Cash at bank and in hand | 54/58 | - | €3,415 | +€3,415 | |
| Deferred charges and accrued income | 490/1 | €1,246 | €324 | -€922 | -74.0% |
| Total equity and liabilities | 10/49 | €23,881 | €34,458 | +€10,577 | +44.3% |
| Equity | 10/15 | €958 | €20,039 | +€19,081 | +1991.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €505 | €7,639 | +€7,134 | +1412.8% |
| Distributable reserves | 133 | €505 | €7,639 | +€7,134 | +1412.8% |
| Profit (loss) carried forward | 14 | -€11,947 | €0 | +€11,947 | |
| Amounts payable | 17/49 | €22,922 | €14,419 | -€8,504 | -37.1% |
| Amounts payable within one year | 42/48 | €22,922 | €13,605 | -€9,318 | -40.6% |
| Financial debts | 43 | €1,970 | €0 | -€1,970 | -100.0% |
| Credit institutions | 430/8 | €1,970 | €0 | -€1,970 | -100.0% |
| Trade debts | 44 | €750 | €2,133 | +€1,383 | +184.4% |
| Suppliers | 440/4 | €750 | €2,133 | +€1,383 | +184.4% |
| Taxes, remuneration and social security | 45 | €1,306 | €1,650 | +€344 | +26.4% |
| Taxes | 450/3 | €1,306 | €1,650 | +€344 | +26.4% |
| Other amounts payable | 47/48 | €18,896 | €9,821 | -€9,075 | -48.0% |
| Accrued charges and deferred income | 492/3 | €0 | €814 | +€814 | |
| Non-recurring operating income | 76A | €4,088 | €0 | -€4,088 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,791 | €13,727 | +€4,936 | +56.2% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €21,241 | €34,330 | +€13,089 | +61.6% |
| Operating profit (loss) | 9901 | €11,945 | €20,083 | +€8,138 | +68.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €163 | €1,002 | +€838 | +513.6% |
| Recurring financial charges | 65 | €163 | €1,002 | +€838 | +513.6% |
| Profit (loss) for the period before taxes | 9903 | €11,782 | €19,081 | +€7,300 | +62.0% |
| Profit (loss) for the period | 9904 | €11,782 | €19,081 | +€7,300 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,782 | €19,081 | +€7,300 | +62.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.