VIZBIS: 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.
VIZBIS
Largest movements
- Cash +€74,256
up €74,256 (+55.3%), from €134,225 to €208,481
mainly Net result for the year (+€57,464) and Tax, wage and social debts (+€10,621)
- Receivables within one year -€2,546
down €2,546 (-15.6%), from €16,335 to €13,789
- Reserves +€57,464
up €57,464 (+54.1%), from €106,237 to €163,701
- Tax, wage and social debts +€10,621
up €10,621 (+24.6%), from €43,194 to €53,815
- Other debts +€2,376
up €2,376 (+302.7%), from €785 to €3,161
- Gross operating margin +€1,811
up €1,811 (+2.2%), from €80,834 to €82,644
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 | €151,332 | €222,269 | +€70,937 | +46.9% |
| Fixed assets | 21/28 | €773 | - | -€773 | |
| Tangible fixed assets | 22/27 | €773 | - | -€773 | |
| Furniture and vehicles | 24 | €773 | - | -€773 | |
| Current assets | 29/58 | €150,560 | €222,269 | +€71,710 | +47.6% |
| Amounts receivable within one year | 40/41 | €16,335 | €13,789 | -€2,546 | -15.6% |
| Trade receivables | 40 | €16,335 | €13,789 | -€2,546 | -15.6% |
| Cash at bank and in hand | 54/58 | €134,225 | €208,481 | +€74,256 | +55.3% |
| Total equity and liabilities | 10/49 | €151,332 | €222,269 | +€70,937 | +46.9% |
| Equity | 10/15 | €106,437 | €163,901 | +€57,464 | +54.0% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €106,237 | €163,701 | +€57,464 | +54.1% |
| Distributable reserves | 133 | €106,237 | €163,701 | +€57,464 | +54.1% |
| Amounts payable | 17/49 | €44,895 | €58,368 | +€13,473 | +30.0% |
| Amounts payable within one year | 42/48 | €44,895 | €58,218 | +€13,323 | +29.7% |
| Trade debts | 44 | €916 | €1,242 | +€326 | +35.6% |
| Suppliers | 440/4 | €916 | €1,242 | +€326 | +35.6% |
| Taxes, remuneration and social security | 45 | €43,194 | €53,815 | +€10,621 | +24.6% |
| Taxes | 450/3 | €43,194 | €53,815 | +€10,621 | +24.6% |
| Other amounts payable | 47/48 | €785 | €3,161 | +€2,376 | +302.7% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,545 | €773 | -€773 | -50.0% |
| Other operating charges | 640/8 | €551 | €566 | +€14 | +2.6% |
| Gross operating margin | 9900 | €80,834 | €82,644 | +€1,811 | +2.2% |
| Operating profit (loss) | 9901 | €78,737 | €81,306 | +€2,569 | +3.3% |
| Financial income | 75/76B | €2 | €68 | +€66 | +2923.5% |
| Recurring financial income | 75 | €2 | €68 | +€66 | +2923.5% |
| Non-recurring financial income | 76B | €2 | - | -€2 | |
| Financial charges | 65/66B | €63 | €739 | +€676 | +1081.2% |
| Recurring financial charges | 65 | €63 | €739 | +€676 | +1081.2% |
| Profit (loss) for the period before taxes | 9903 | €78,677 | €80,635 | +€1,958 | +2.5% |
| Income taxes | 67/77 | €22,782 | €23,171 | +€390 | +1.7% |
| Profit (loss) for the period | 9904 | €55,895 | €57,464 | +€1,569 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,895 | €57,464 | +€1,569 | +2.8% |
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 5 October 2026 via checked.be.