Vizius: 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.
Vizius
Largest movements
- Cash +€108,524
up €108,524 (+57.2%), from €189,628 to €298,152
mainly Net result for the year (+€176,959) and Trade debts (+€14,569)
- Receivables within one year +€76,386
up €76,386 (+66.6%), from €114,745 to €191,131
of which Trade receivables: +€75,223
- Stocks and contracts +€13,343
up €13,343 (+243.6%), from €5,478 to €18,821
- Reserves +€176,950
up €176,950 (+74.1%), from €238,750 to €415,700
- Trade debts +€14,569
up €14,569 (+31.6%), from €46,053 to €60,622
- Gross operating margin +€49,054
up €49,054 (+24.0%), from €204,604 to €253,658
- Taxes +€15,700
up €15,700 (+26.0%), from €60,328 to €76,028
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 | €311,078 | €509,354 | +€198,276 | +63.7% |
| Current assets | 29/58 | €311,078 | €509,354 | +€198,276 | +63.7% |
| Stocks and contracts in progress | 3 | €5,478 | €18,821 | +€13,343 | +243.6% |
| Stocks | 30/36 | €5,478 | €18,821 | +€13,343 | +243.6% |
| Amounts receivable within one year | 40/41 | €114,745 | €191,131 | +€76,386 | +66.6% |
| Trade receivables | 40 | €110,484 | €185,707 | +€75,223 | +68.1% |
| Other amounts receivable | 41 | €4,261 | €5,423 | +€1,163 | +27.3% |
| Cash at bank and in hand | 54/58 | €189,628 | €298,152 | +€108,524 | +57.2% |
| Deferred charges and accrued income | 490/1 | €1,227 | €1,249 | +€22 | +1.8% |
| Total equity and liabilities | 10/49 | €311,078 | €509,354 | +€198,276 | +63.7% |
| Equity | 10/15 | €248,840 | €425,799 | +€176,959 | +71.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €238,750 | €415,700 | +€176,950 | +74.1% |
| Distributable reserves | 133 | €238,750 | €415,700 | +€176,950 | +74.1% |
| Profit (loss) carried forward | 14 | €90 | €99 | +€9 | +10.0% |
| Amounts payable | 17/49 | €62,238 | €83,555 | +€21,317 | +34.3% |
| Amounts payable within one year | 42/48 | €62,238 | €81,170 | +€18,932 | +30.4% |
| Trade debts | 44 | €46,053 | €60,622 | +€14,569 | +31.6% |
| Suppliers | 440/4 | €46,053 | €60,622 | +€14,569 | +31.6% |
| Taxes, remuneration and social security | 45 | €16,120 | €16,095 | -€25 | -0.2% |
| Taxes | 450/3 | €16,120 | €16,095 | -€25 | -0.2% |
| Other amounts payable | 47/48 | €65 | €4,452 | +€4,388 | +6802.8% |
| Accrued charges and deferred income | 492/3 | - | €2,385 | +€2,385 | |
| Other operating charges | 640/8 | €147 | €543 | +€396 | +269.1% |
| Gross operating margin | 9900 | €204,604 | €253,658 | +€49,054 | +24.0% |
| Operating profit (loss) | 9901 | €204,457 | €253,115 | +€48,658 | +23.8% |
| Financial income | 75/76B | €191 | €135 | -€56 | -29.4% |
| Recurring financial income | 75 | €191 | €135 | -€56 | -29.4% |
| Financial charges | 65/66B | €78 | €262 | +€184 | +237.1% |
| Recurring financial charges | 65 | €78 | €262 | +€184 | +237.1% |
| Profit (loss) for the period before taxes | 9903 | €204,570 | €252,988 | +€48,417 | +23.7% |
| Income taxes | 67/77 | €60,328 | €76,028 | +€15,700 | +26.0% |
| Profit (loss) for the period | 9904 | €144,242 | €176,959 | +€32,717 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €144,242 | €176,959 | +€32,717 | +22.7% |
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 7 October 2026 via checked.be.