VIZIT: 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.
VIZIT
Largest movements
- Cash +€19,902
up €19,902 (+9.6%), from €207,690 to €227,592
mainly Net result for the year (+€31,509) and Trade debts (+€18,422)
- Receivables within one year +€3,492
up €3,492 (+5.2%), from €67,624 to €71,116
of which Trade receivables: +€6,519
- Tax, wage and social debts -€28,618
down €28,618 (-73.0%), from €39,179 to €10,561
of which Taxes: -€28,384
- Reserves +€21,509
up €21,509 (+10.5%), from €204,195 to €225,703
of which Distributable reserves: +€21,509
- Trade debts +€18,422
up €18,422 (+63.2%), from €29,126 to €47,548
- Other debts +€8,744
up €8,744 (+299%), from €2,929 to €11,672
- Gross operating margin -€48,874
down €48,874 (-32.4%), from €150,748 to €101,874
- Taxes -€12,342
down €12,342 (-50.0%), from €24,673 to €12,330
- Staff costs -€5,549
down €5,549 (-9.2%), from €60,047 to €54,498
- Write-downs -€2,252
down €2,252 (-100%), from €2,252 to €0
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 | €281,629 | €302,701 | +€21,072 | +7.5% |
| Fixed assets | 21/28 | €6,086 | €3,895 | -€2,191 | -36.0% |
| Tangible fixed assets | 22/27 | €2,508 | €318 | -€2,191 | -87.3% |
| Furniture and vehicles | 24 | €2,508 | €318 | -€2,191 | -87.3% |
| Financial fixed assets | 28 | €3,578 | €3,578 | = | 0.0% |
| Current assets | 29/58 | €275,543 | €298,805 | +€23,262 | +8.4% |
| Amounts receivable within one year | 40/41 | €67,624 | €71,116 | +€3,492 | +5.2% |
| Trade receivables | 40 | €61,437 | €67,956 | +€6,519 | +10.6% |
| Other amounts receivable | 41 | €6,187 | €3,160 | -€3,027 | -48.9% |
| Cash at bank and in hand | 54/58 | €207,690 | €227,592 | +€19,902 | +9.6% |
| Deferred charges and accrued income | 490/1 | €229 | €97 | -€132 | -57.6% |
| Total equity and liabilities | 10/49 | €281,629 | €302,701 | +€21,072 | +7.5% |
| Equity | 10/15 | €210,395 | €231,903 | +€21,509 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €204,195 | €225,703 | +€21,509 | +10.5% |
| Tax-exempt reserves | 132 | €19,192 | €19,192 | = | 0.0% |
| Distributable reserves | 133 | €185,003 | €206,511 | +€21,509 | +11.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,234 | €70,798 | -€437 | -0.6% |
| Amounts payable within one year | 42/48 | €71,234 | €70,798 | -€437 | -0.6% |
| Financial debts | 43 | - | €1,016 | +€1,016 | |
| Credit institutions | 430/8 | - | €1,016 | +€1,016 | |
| Trade debts | 44 | €29,126 | €47,548 | +€18,422 | +63.2% |
| Suppliers | 440/4 | €29,126 | €47,548 | +€18,422 | +63.2% |
| Taxes, remuneration and social security | 45 | €39,179 | €10,561 | -€28,618 | -73.0% |
| Taxes | 450/3 | €31,903 | €3,520 | -€28,384 | -89.0% |
| Remuneration and social security | 454/9 | €7,276 | €7,041 | -€234 | -3.2% |
| Other amounts payable | 47/48 | €2,929 | €11,672 | +€8,744 | +299% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €60,047 | €54,498 | -€5,549 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,311 | €2,191 | -€120 | -5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,252 | €0 | -€2,252 | -100% |
| Other operating charges | 640/8 | €843 | €810 | -€33 | -4.0% |
| Gross operating margin | 9900 | €150,748 | €101,874 | -€48,874 | -32.4% |
| Operating profit (loss) | 9901 | €85,295 | €44,376 | -€40,919 | -48.0% |
| Financial income | 75/76B | €100 | €70 | -€30 | -29.6% |
| Recurring financial income | 75 | €100 | €70 | -€30 | -29.6% |
| Financial charges | 65/66B | €944 | €607 | -€337 | -35.7% |
| Recurring financial charges | 65 | €944 | €607 | -€337 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €84,451 | €43,839 | -€40,612 | -48.1% |
| Income taxes | 67/77 | €24,673 | €12,330 | -€12,342 | -50.0% |
| Profit (loss) for the period | 9904 | €59,778 | €31,509 | -€28,270 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,778 | €31,509 | -€28,270 | -47.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.