VISWINKEL SASKIA: 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.
VISWINKEL SASKIA
Largest movements
- Financial fixed assets +€10,000
new in 2026: €10,000
- Cash -€9,919
down €9,919 (-8.0%), from €123,984 to €114,065
mainly Contributions, distributions and other (-€35,226) and Investment in fixed assets (net) (-€28,306)
- Tangible fixed assets +€9,352
up €9,352 (+56.3%), from €16,600 to €25,951
of which Furniture and vehicles: +€12,151
- Receivables within one year +€3,318
up €3,318 (+37.9%), from €8,765 to €12,083
of which Trade receivables: +€2,049
- Reserves +€24,252
up €24,252 (+19.4%), from €125,229 to €149,481
- Tax, wage and social debts -€8,908
down €8,908 (-37.8%), from €23,547 to €14,639
of which Remuneration and social security: -€8,420
- Current portion of long-term debt -€3,936
down €3,936 (-100%), from €3,936 to €0
- Trade debts +€2,621
up €2,621 (+17.8%), from €14,763 to €17,384
- Staff costs -€19,314
down €19,314 (-14.1%), from €137,429 to €118,115
- Gross operating margin -€13,680
down €13,680 (-6.4%), from €215,225 to €201,546
- Taxes -€5,215
down €5,215 (-27.8%), from €18,755 to €13,540
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,991 | €190,024 | +€14,033 | +8.0% |
| Fixed assets | 21/28 | €16,600 | €35,951 | +€19,352 | +117% |
| Tangible fixed assets | 22/27 | €16,600 | €25,951 | +€9,352 | +56.3% |
| Plant, machinery and equipment | 23 | €10,767 | €8,402 | -€2,365 | -22.0% |
| Furniture and vehicles | 24 | €3,711 | €15,862 | +€12,151 | +327% |
| Other tangible fixed assets | 26 | €2,122 | €1,688 | -€434 | -20.5% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €159,391 | €154,072 | -€5,319 | -3.3% |
| Stocks and contracts in progress | 3 | €14,572 | €15,267 | +€695 | +4.8% |
| Stocks | 30/36 | €14,572 | €15,267 | +€695 | +4.8% |
| Amounts receivable within one year | 40/41 | €8,765 | €12,083 | +€3,318 | +37.9% |
| Trade receivables | 40 | €2,249 | €4,298 | +€2,049 | +91.1% |
| Other amounts receivable | 41 | €6,516 | €7,786 | +€1,269 | +19.5% |
| Current investments | 50/53 | €9,357 | €9,427 | +€71 | +0.8% |
| Cash at bank and in hand | 54/58 | €123,984 | €114,065 | -€9,919 | -8.0% |
| Deferred charges and accrued income | 490/1 | €2,714 | €3,229 | +€515 | +19.0% |
| Total equity and liabilities | 10/49 | €175,991 | €190,024 | +€14,033 | +8.0% |
| Equity | 10/15 | €132,342 | €156,593 | +€24,252 | +18.3% |
| Contributions | 10/11 | €7,112 | €7,112 | = | 0.0% |
| Reserves | 13 | €125,229 | €149,481 | +€24,252 | +19.4% |
| Distributable reserves | 133 | €125,229 | €149,481 | +€24,252 | +19.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €43,649 | €33,430 | -€10,219 | -23.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €43,649 | €33,430 | -€10,219 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €3,936 | €0 | -€3,936 | -100% |
| Financial debts | 43 | - | €26 | +€26 | |
| Credit institutions | 430/8 | - | €26 | +€26 | |
| Trade debts | 44 | €14,763 | €17,384 | +€2,621 | +17.8% |
| Suppliers | 440/4 | €14,763 | €17,384 | +€2,621 | +17.8% |
| Taxes, remuneration and social security | 45 | €23,547 | €14,639 | -€8,908 | -37.8% |
| Taxes | 450/3 | €527 | €38 | -€488 | -92.7% |
| Remuneration and social security | 454/9 | €23,021 | €14,601 | -€8,420 | -36.6% |
| Other amounts payable | 47/48 | €1,403 | €1,381 | -€22 | -1.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €137,429 | €118,115 | -€19,314 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,709 | €8,954 | +€1,246 | +16.2% |
| Other operating charges | 640/8 | €724 | €835 | +€111 | +15.4% |
| Gross operating margin | 9900 | €215,225 | €201,546 | -€13,680 | -6.4% |
| Operating profit (loss) | 9901 | €69,363 | €73,641 | +€4,278 | +6.2% |
| Financial income | 75/76B | €249 | €465 | +€216 | +86.8% |
| Recurring financial income | 75 | €249 | €465 | +€216 | +86.8% |
| Financial charges | 65/66B | €1,310 | €1,089 | -€221 | -16.9% |
| Recurring financial charges | 65 | €1,310 | €1,089 | -€221 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €68,302 | €73,018 | +€4,715 | +6.9% |
| Income taxes | 67/77 | €18,755 | €13,540 | -€5,215 | -27.8% |
| Profit (loss) for the period | 9904 | €49,548 | €59,477 | +€9,930 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,548 | €59,477 | +€9,930 | +20.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.