VIZION: 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.
VIZION
Largest movements
- Cash +€2,902
up €2,902 (+258%), from €1,123 to €4,025
mainly Other debts (+€1,636) and Net result for the year (+€1,574)
- Receivables within one year -€1,080
no longer reported in 2025 (was €1,080)
of which Trade receivables: -€750
- Trade debts -€2,936
down €2,936 (-89.4%), from €3,286 to €350
- Other debts +€1,636
up €1,636 (+1,171%), from €140 to €1,776
- Profit (loss) carried forward +€1,574
up €1,574 (+5.1%), from -€30,574 to -€28,999
- Tax, wage and social debts +€1,548
up €1,548 (+6,195%), from €25 to €1,573
- Gross operating margin +€3,537
up €3,537, from -€1,076 to €2,461
- Depreciation -€472
no longer reported in 2025 (was €472)
- Financial charges -€186
down €186 (-41.3%), from €451 to €265
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 | €2,203 | €4,025 | +€1,822 | +82.7% |
| Current assets | 29/58 | €2,203 | €4,025 | +€1,822 | +82.7% |
| Amounts receivable within one year | 40/41 | €1,080 | - | -€1,080 | |
| Trade receivables | 40 | €750 | - | -€750 | |
| Other amounts receivable | 41 | €330 | - | -€330 | |
| Cash at bank and in hand | 54/58 | €1,123 | €4,025 | +€2,902 | +258% |
| Total equity and liabilities | 10/49 | €2,203 | €4,025 | +€1,822 | +82.7% |
| Equity | 10/15 | -€1,248 | €326 | +€1,574 | |
| Contributions | 10/11 | €29,326 | €29,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,574 | -€28,999 | +€1,574 | +5.1% |
| Amounts payable | 17/49 | €3,451 | €3,698 | +€248 | +7.2% |
| Amounts payable within one year | 42/48 | €3,451 | €3,698 | +€248 | +7.2% |
| Trade debts | 44 | €3,286 | €350 | -€2,936 | -89.4% |
| Suppliers | 440/4 | €3,286 | €350 | -€2,936 | -89.4% |
| Taxes, remuneration and social security | 45 | €25 | €1,573 | +€1,548 | +6,195% |
| Taxes | 450/3 | €25 | €1,573 | +€1,548 | +6,195% |
| Other amounts payable | 47/48 | €140 | €1,776 | +€1,636 | +1,171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472 | - | -€472 | |
| Other operating charges | 640/8 | €458 | €438 | -€20 | -4.4% |
| Non-recurring operating charges | 66A | €25 | €184 | +€159 | +638% |
| Gross operating margin | 9900 | -€1,076 | €2,461 | +€3,537 | |
| Operating profit (loss) | 9901 | -€2,031 | €1,839 | +€3,870 | |
| Financial charges | 65/66B | €451 | €265 | -€186 | -41.3% |
| Recurring financial charges | 65 | €451 | €265 | -€186 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,481 | €1,574 | +€4,056 | |
| Profit (loss) for the period | 9904 | -€2,481 | €1,574 | +€4,056 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,481 | €1,574 | +€4,056 |
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 17 October 2026 via checked.be.