VISUS CONSULT: 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.
VISUS CONSULT
Largest movements
- Current investments -€322,047
down €322,047 (-100.0%), from €322,047 to €0
- Cash +€308,089
up €308,089 (+1904.8%), from €16,174 to €324,263
mainly Current investments (+€322,047) and Net result for the year (+€21,933)
- Receivables within one year +€7,016
up €7,016 (+2878.2%), from €244 to €7,260
of which Trade receivables: +€5,905
- Other debts -€4,654
down €4,654 (-16.6%), from €28,100 to €23,446
- Gross operating margin -€14,310
down €14,310 (-31.8%), from €44,960 to €30,651
- Taxes -€3,662
down €3,662 (-28.4%), from €12,895 to €9,234
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 | €342,238 | €335,880 | -€6,358 | -1.9% |
| Fixed assets | 21/28 | €149 | €918 | +€769 | +515.7% |
| Tangible fixed assets | 22/27 | €149 | €918 | +€769 | +515.7% |
| Furniture and vehicles | 24 | €149 | €918 | +€769 | +515.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €342,089 | €334,962 | -€7,127 | -2.1% |
| Amounts receivable within one year | 40/41 | €244 | €7,260 | +€7,016 | +2878.2% |
| Trade receivables | 40 | €24 | €5,929 | +€5,905 | +24209.1% |
| Other amounts receivable | 41 | €219 | €1,331 | +€1,112 | +506.8% |
| Current investments | 50/53 | €322,047 | €0 | -€322,047 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,174 | €324,263 | +€308,089 | +1904.8% |
| Deferred charges and accrued income | 490/1 | €3,624 | €3,439 | -€185 | -5.1% |
| Total equity and liabilities | 10/49 | €342,238 | €335,880 | -€6,358 | -1.9% |
| Equity | 10/15 | €311,857 | €310,463 | -€1,394 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €293,257 | €291,863 | -€1,394 | -0.5% |
| Distributable reserves | 133 | €293,257 | €291,863 | -€1,394 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,381 | €25,417 | -€4,964 | -16.3% |
| Amounts payable within one year | 42/48 | €30,381 | €25,417 | -€4,964 | -16.3% |
| Trade debts | 44 | €881 | €512 | -€370 | -42.0% |
| Suppliers | 440/4 | €881 | €512 | -€370 | -42.0% |
| Taxes, remuneration and social security | 45 | €1,399 | €1,459 | +€59 | +4.2% |
| Taxes | 450/3 | €1,399 | €1,459 | +€59 | +4.2% |
| Other amounts payable | 47/48 | €28,100 | €23,446 | -€4,654 | -16.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | €388 | +€2 | +0.5% |
| Other operating charges | 640/8 | €916 | €939 | +€23 | +2.5% |
| Non-recurring operating charges | 66A | €614 | €0 | -€614 | -100.0% |
| Gross operating margin | 9900 | €44,960 | €30,651 | -€14,310 | -31.8% |
| Operating profit (loss) | 9901 | €43,045 | €29,324 | -€13,721 | -31.9% |
| Financial income | 75/76B | €2,050 | €1,883 | -€167 | -8.1% |
| Recurring financial income | 75 | €2,050 | €1,883 | -€167 | -8.1% |
| Financial charges | 65/66B | €41 | €40 | -€1 | -1.6% |
| Recurring financial charges | 65 | €41 | €40 | -€1 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €45,054 | €31,167 | -€13,887 | -30.8% |
| Income taxes | 67/77 | €12,895 | €9,234 | -€3,662 | -28.4% |
| Profit (loss) for the period | 9904 | €32,158 | €21,933 | -€10,225 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,158 | €21,933 | -€10,225 | -31.8% |
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 2 October 2026 via checked.be.