VISUASOFT: 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.
VISUASOFT
Largest movements
- Receivables within one year -€3,919
down €3,919 (-17.4%), from €22,574 to €18,654
of which Other amounts receivable: -€5,722
- Tangible fixed assets -€2,860
down €2,860 (-13.1%), from €21,868 to €19,009
of which Furniture and vehicles: -€2,123
- Cash +€2,214
up €2,214 (+7.0%), from €31,425 to €33,639
mainly Net result for the year (+€14,275) and Depreciation (+€9,247)
- Deferred charges and accrued income +€1,539
up €1,539 (+22.7%), from €6,772 to €8,312
- Receivables after one year -€1,000
down €1,000 (-17.5%), from €5,702 to €4,702
- Debts after one year -€6,531
no longer reported in 2025 (was €6,531)
- Current portion of long-term debt -€4,920
down €4,920 (-43.0%), from €11,451 to €6,531
- Short-term financial debts +€4,589
new in 2025: €4,589
- Profit (loss) carried forward +€4,512
no longer reported in 2025 (was -€4,512)
- Trade debts -€4,366
down €4,366 (-42.9%), from €10,188 to €5,821
- Gross operating margin +€22,687
up €22,687 (+184%), from €12,313 to €34,999
- Taxes +€5,222
up €5,222 (+2,379%), from €220 to €5,441
- Financial charges -€781
down €781 (-21.4%), from €3,651 to €2,869
- Other operating charges -€652
down €652 (-29.4%), from €2,214 to €1,562
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.
Derived cash bridge
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 | €88,429 | €84,404 | -€4,025 | -4.6% |
| Fixed assets | 21/28 | €21,957 | €19,097 | -€2,860 | -13.0% |
| Tangible fixed assets | 22/27 | €21,868 | €19,009 | -€2,860 | -13.1% |
| Land and buildings | 22 | €5,480 | €4,217 | -€1,263 | -23.0% |
| Plant, machinery and equipment | 23 | €6,936 | €7,463 | +€526 | +7.6% |
| Furniture and vehicles | 24 | €9,452 | €7,329 | -€2,123 | -22.5% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €66,473 | €65,307 | -€1,166 | -1.8% |
| Amounts receivable after more than one year | 29 | €5,702 | €4,702 | -€1,000 | -17.5% |
| Other amounts receivable | 291 | €5,702 | €4,702 | -€1,000 | -17.5% |
| Amounts receivable within one year | 40/41 | €22,574 | €18,654 | -€3,919 | -17.4% |
| Trade receivables | 40 | €14,793 | €16,596 | +€1,803 | +12.2% |
| Other amounts receivable | 41 | €7,780 | €2,059 | -€5,722 | -73.5% |
| Cash at bank and in hand | 54/58 | €31,425 | €33,639 | +€2,214 | +7.0% |
| Deferred charges and accrued income | 490/1 | €6,772 | €8,312 | +€1,539 | +22.7% |
| Total equity and liabilities | 10/49 | €88,429 | €84,404 | -€4,025 | -4.6% |
| Equity | 10/15 | €48,238 | €55,956 | +€7,719 | +16.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €34,199 | €37,406 | +€3,207 | +9.4% |
| Distributable reserves | 133 | €34,199 | €37,406 | +€3,207 | +9.4% |
| Profit (loss) carried forward | 14 | -€4,512 | - | +€4,512 | |
| Amounts payable | 17/49 | €40,192 | €28,448 | -€11,744 | -29.2% |
| Amounts payable after more than one year | 17 | €6,531 | - | -€6,531 | |
| Financial debts | 170/4 | €6,531 | - | -€6,531 | |
| Amounts payable within one year | 42/48 | €33,661 | €28,185 | -€5,476 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €11,451 | €6,531 | -€4,920 | -43.0% |
| Financial debts | 43 | - | €4,589 | +€4,589 | |
| Credit institutions | 430/8 | - | €4,589 | +€4,589 | |
| Trade debts | 44 | €10,188 | €5,821 | -€4,366 | -42.9% |
| Suppliers | 440/4 | €10,188 | €5,821 | -€4,366 | -42.9% |
| Taxes, remuneration and social security | 45 | €989 | €4,534 | +€3,545 | +358% |
| Taxes | 450/3 | €989 | €4,534 | +€3,545 | +358% |
| Other amounts payable | 47/48 | €11,033 | €6,711 | -€4,323 | -39.2% |
| Accrued charges and deferred income | 492/3 | - | €262 | +€262 | |
| Non-recurring operating income | 76A | €1,402 | - | -€1,402 | |
| Remuneration, social security and pensions | 62 | €1,942 | €1,624 | -€318 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,923 | €9,247 | +€324 | +3.6% |
| Other operating charges | 640/8 | €2,214 | €1,562 | -€652 | -29.4% |
| Gross operating margin | 9900 | €12,313 | €34,999 | +€22,687 | +184% |
| Operating profit (loss) | 9901 | -€766 | €22,566 | +€23,332 | |
| Financial income | 75/76B | €125 | €20 | -€105 | -84.1% |
| Recurring financial income | 75 | €125 | €20 | -€105 | -84.1% |
| Financial charges | 65/66B | €3,651 | €2,869 | -€781 | -21.4% |
| Recurring financial charges | 65 | €3,651 | €2,869 | -€781 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,292 | €19,717 | +€24,009 | |
| Income taxes | 67/77 | €220 | €5,441 | +€5,222 | +2,379% |
| Profit (loss) for the period | 9904 | -€4,512 | €14,275 | +€18,787 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,512 | €14,275 | +€18,787 |
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 20 October 2026 via checked.be.