VIZI: 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.
VIZI
Largest movements
- Receivables within one year +€75,122
up €75,122 (+143%), from €52,639 to €127,761
of which Trade receivables: +€71,424
- Cash -€1,848
down €1,848 (-67.1%), from €2,754 to €906
mainly Receivables within one year (-€75,122) and Trade debts (-€34,431)
- Other debts +€56,414
up €56,414 (+1,357%), from €4,159 to €60,573
- Profit (loss) carried forward +€45,980
up €45,980, from -€45,980 to €0
- Trade debts -€34,431
down €34,431 (-37.6%), from €91,593 to €57,162
- Tax, wage and social debts +€4,311
up €4,311 (+266%), from €1,620 to €5,932
of which Remuneration and social security: +€4,377
- Gross operating margin +€68,517
up €68,517, from -€12,851 to €55,666
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 | €56,393 | €128,667 | +€72,274 | +128% |
| Current assets | 29/58 | €56,393 | €128,667 | +€72,274 | +128% |
| Amounts receivable within one year | 40/41 | €52,639 | €127,761 | +€75,122 | +143% |
| Trade receivables | 40 | €52,235 | €123,659 | +€71,424 | +137% |
| Other amounts receivable | 41 | €403 | €4,101 | +€3,698 | +917% |
| Cash at bank and in hand | 54/58 | €2,754 | €906 | -€1,848 | -67.1% |
| Deferred charges and accrued income | 490/1 | €1,000 | €0 | -€1,000 | -100% |
| Total equity and liabilities | 10/49 | €56,393 | €128,667 | +€72,274 | +128% |
| Equity | 10/15 | -€40,980 | €5,000 | +€45,980 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,980 | €0 | +€45,980 | |
| Amounts payable | 17/49 | €97,372 | €123,667 | +€26,295 | +27.0% |
| Amounts payable within one year | 42/48 | €97,372 | €123,667 | +€26,295 | +27.0% |
| Trade debts | 44 | €91,593 | €57,162 | -€34,431 | -37.6% |
| Suppliers | 440/4 | €91,593 | €57,162 | -€34,431 | -37.6% |
| Taxes, remuneration and social security | 45 | €1,620 | €5,932 | +€4,311 | +266% |
| Taxes | 450/3 | €171 | €106 | -€65 | -38.1% |
| Remuneration and social security | 454/9 | €1,449 | €5,826 | +€4,377 | +302% |
| Other amounts payable | 47/48 | €4,159 | €60,573 | +€56,414 | +1,357% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€12,851 | €55,666 | +€68,517 | |
| Operating profit (loss) | 9901 | -€13,357 | €55,146 | +€68,502 | |
| Financial income | 75/76B | €0 | €479 | +€479 | |
| Recurring financial income | 75 | €0 | €479 | +€479 | |
| Financial charges | 65/66B | €67 | €348 | +€281 | +418% |
| Recurring financial charges | 65 | €67 | €348 | +€281 | +418% |
| Profit (loss) for the period before taxes | 9903 | -€13,424 | €55,277 | +€68,701 | |
| Income taxes | 67/77 | - | €106 | +€106 | |
| Profit (loss) for the period | 9904 | -€13,424 | €55,171 | +€68,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,424 | €55,171 | +€68,595 |
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.