VIZEON: 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.
VIZEON
Largest movements
- Receivables within one year +€47,550
up €47,550 (+96.8%), from €49,107 to €96,656
of which Trade receivables: +€42,927
- Cash +€11,813
up €11,813 (+6.8%), from €174,271 to €186,084
mainly Other debts (+€126,035) and Net result for the year (+€61,582)
- Other debts +€126,035
up €126,035, from €0 to €126,035
- Profit (loss) carried forward -€63,418
down €63,418 (-39.4%), from €160,975 to €97,558
- Tax, wage and social debts -€26,467
down €26,467 (-23.3%), from €113,710 to €87,244
of which Taxes: -€23,847
- Trade debts +€25,505
up €25,505 (+1,208%), from €2,112 to €27,617
- Staff costs +€123,853
up €123,853 (+67.7%), from €183,013 to €306,866
- Gross operating margin +€103,825
up €103,825 (+32.6%), from €318,366 to €422,191
- Depreciation +€11,436
up €11,436 (+68.4%), from €16,712 to €28,149
- Taxes -€4,941
down €4,941 (-17.5%), from €28,184 to €23,243
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 | €312,176 | €372,240 | +€60,064 | +19.2% |
| Fixed assets | 21/28 | €86,867 | €87,171 | +€303 | +0.3% |
| Tangible fixed assets | 22/27 | €82,697 | €83,001 | +€303 | +0.4% |
| Furniture and vehicles | 24 | €82,697 | €83,001 | +€303 | +0.4% |
| Financial fixed assets | 28 | €4,170 | €4,170 | = | 0.0% |
| Current assets | 29/58 | €225,309 | €285,069 | +€59,761 | +26.5% |
| Amounts receivable within one year | 40/41 | €49,107 | €96,656 | +€47,550 | +96.8% |
| Trade receivables | 40 | €45,015 | €87,942 | +€42,927 | +95.4% |
| Other amounts receivable | 41 | €4,092 | €8,715 | +€4,623 | +113% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €174,271 | €186,084 | +€11,813 | +6.8% |
| Deferred charges and accrued income | 490/1 | €1,931 | €2,329 | +€398 | +20.6% |
| Total equity and liabilities | 10/49 | €312,176 | €372,240 | +€60,064 | +19.2% |
| Equity | 10/15 | €190,975 | €127,558 | -€63,418 | -33.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,975 | €97,558 | -€63,418 | -39.4% |
| Amounts payable | 17/49 | €121,201 | €244,682 | +€123,482 | +102% |
| Amounts payable after more than one year | 17 | €3,787 | €2,063 | -€1,724 | -45.5% |
| Financial debts | 170/4 | €3,787 | €2,063 | -€1,724 | -45.5% |
| Amounts payable within one year | 42/48 | €117,413 | €242,619 | +€125,206 | +107% |
| Current portion of amounts payable after more than one year | 42 | €1,591 | €1,724 | +€133 | +8.4% |
| Trade debts | 44 | €2,112 | €27,617 | +€25,505 | +1,208% |
| Suppliers | 440/4 | €2,112 | €27,617 | +€25,505 | +1,208% |
| Taxes, remuneration and social security | 45 | €113,710 | €87,244 | -€26,467 | -23.3% |
| Taxes | 450/3 | €78,925 | €55,078 | -€23,847 | -30.2% |
| Remuneration and social security | 454/9 | €34,785 | €32,165 | -€2,620 | -7.5% |
| Other amounts payable | 47/48 | €0 | €126,035 | +€126,035 | |
| Remuneration, social security and pensions | 62 | €183,013 | €306,866 | +€123,853 | +67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,712 | €28,149 | +€11,436 | +68.4% |
| Other operating charges | 640/8 | €2,447 | €1,234 | -€1,213 | -49.6% |
| Gross operating margin | 9900 | €318,366 | €422,191 | +€103,825 | +32.6% |
| Operating profit (loss) | 9901 | €116,193 | €85,943 | -€30,251 | -26.0% |
| Financial income | 75/76B | €613 | €3 | -€610 | -99.5% |
| Recurring financial income | 75 | €613 | €3 | -€610 | -99.5% |
| Financial charges | 65/66B | €1,085 | €1,121 | +€36 | +3.3% |
| Recurring financial charges | 65 | €1,085 | €1,121 | +€36 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €115,721 | €84,825 | -€30,896 | -26.7% |
| Income taxes | 67/77 | €28,184 | €23,243 | -€4,941 | -17.5% |
| Profit (loss) for the period | 9904 | €87,538 | €61,582 | -€25,955 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,538 | €61,582 | -€25,955 | -29.7% |
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 21 October 2026 via checked.be.