VISUALS INTERNATIONALS: 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.
VISUALS INTERNATIONALS
Largest movements
- Receivables within one year +€90,627
up €90,627 (+74.3%), from €121,972 to €212,599
of which Trade receivables: +€65,882
- Tangible fixed assets +€4,596
up €4,596 (+27.7%), from €16,620 to €21,215
of which Plant, machinery and equipment: +€5,354
- Deferred charges and accrued income +€3,594
new in 2024: €3,594
- Trade debts +€85,964
up €85,964 (+140%), from €61,506 to €147,470
- Tax, wage and social debts -€17,447
down €17,447 (-55.7%), from €31,326 to €13,878
of which Remuneration and social security: -€14,700
- Reserves +€13,302
up €13,302 (+15.6%), from €85,434 to €98,736
of which Distributable reserves: +€13,302
- Debts after one year +€7,527
new in 2024: €7,527
- Other debts +€6,376
up €6,376 (+808%), from €789 to €7,165
- Other operating charges +€19,115
up €19,115 (+104%), from €18,393 to €37,508
- Gross operating margin +€11,250
up €11,250 (+20.2%), from €55,571 to €66,821
- Depreciation -€2,827
down €2,827 (-25.4%), from €11,124 to €8,298
- Taxes -€1,362
down €1,362 (-15.5%), from €8,802 to €7,439
- Financial income +€893
up €893 (+637%), from €140 to €1,033
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 | €194,408 | €292,970 | +€98,562 | +50.7% |
| Fixed assets | 21/28 | €16,620 | €21,215 | +€4,596 | +27.7% |
| Tangible fixed assets | 22/27 | €16,620 | €21,215 | +€4,596 | +27.7% |
| Land and buildings | 22 | €1,445 | €1,117 | -€328 | -22.7% |
| Plant, machinery and equipment | 23 | €14,382 | €19,736 | +€5,354 | +37.2% |
| Furniture and vehicles | 24 | €792 | €363 | -€430 | -54.2% |
| Current assets | 29/58 | €177,789 | €271,755 | +€93,966 | +52.9% |
| Amounts receivable within one year | 40/41 | €121,972 | €212,599 | +€90,627 | +74.3% |
| Trade receivables | 40 | €117,617 | €183,500 | +€65,882 | +56.0% |
| Other amounts receivable | 41 | €4,355 | €29,099 | +€24,745 | +568% |
| Cash at bank and in hand | 54/58 | €55,816 | €55,562 | -€255 | -0.5% |
| Deferred charges and accrued income | 490/1 | - | €3,594 | +€3,594 | |
| Total equity and liabilities | 10/49 | €194,408 | €292,970 | +€98,562 | +50.7% |
| Equity | 10/15 | €99,554 | €112,856 | +€13,302 | +13.4% |
| Contributions | 10/11 | €14,120 | €14,120 | = | 0.0% |
| Reserves | 13 | €85,434 | €98,736 | +€13,302 | +15.6% |
| 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 | €83,574 | €96,876 | +€13,302 | +15.9% |
| Amounts payable | 17/49 | €94,854 | €180,114 | +€85,260 | +89.9% |
| Amounts payable after more than one year | 17 | - | €7,527 | +€7,527 | |
| Financial debts | 170/4 | - | €7,527 | +€7,527 | |
| Amounts payable within one year | 42/48 | €94,854 | €172,587 | +€77,733 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,073 | +€4,073 | |
| Financial debts | 43 | €1,234 | - | -€1,234 | |
| Credit institutions | 430/8 | €1,234 | - | -€1,234 | |
| Trade debts | 44 | €61,506 | €147,470 | +€85,964 | +140% |
| Suppliers | 440/4 | €61,506 | €147,470 | +€85,964 | +140% |
| Taxes, remuneration and social security | 45 | €31,326 | €13,878 | -€17,447 | -55.7% |
| Taxes | 450/3 | €16,626 | €13,878 | -€2,747 | -16.5% |
| Remuneration and social security | 454/9 | €14,700 | - | -€14,700 | |
| Other amounts payable | 47/48 | €789 | €7,165 | +€6,376 | +808% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,124 | €8,298 | -€2,827 | -25.4% |
| Other operating charges | 640/8 | €18,393 | €37,508 | +€19,115 | +104% |
| Gross operating margin | 9900 | €55,571 | €66,821 | +€11,250 | +20.2% |
| Operating profit (loss) | 9901 | €26,054 | €21,015 | -€5,039 | -19.3% |
| Financial income | 75/76B | €140 | €1,033 | +€893 | +637% |
| Recurring financial income | 75 | €140 | €1,033 | +€893 | +637% |
| Financial charges | 65/66B | €690 | €1,307 | +€617 | +89.4% |
| Recurring financial charges | 65 | €690 | €1,307 | +€617 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €25,504 | €20,741 | -€4,762 | -18.7% |
| Income taxes | 67/77 | €8,802 | €7,439 | -€1,362 | -15.5% |
| Profit (loss) for the period | 9904 | €16,702 | €13,302 | -€3,400 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,702 | €13,302 | -€3,400 | -20.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.