VIZMAGINATION: 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.
VIZMAGINATION
Largest movements
- Cash +€115,619
up €115,619 (+77.4%), from €149,471 to €265,090
mainly Net result for the year (+€154,261) and Receivables within one year (+€42,664)
- Receivables within one year -€42,664
down €42,664 (-41.3%), from €103,178 to €60,514
of which Other amounts receivable: -€71,282
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Reserves +€23,849
up €23,849 (+9.1%), from €261,039 to €284,887
- Tax, wage and social debts +€18,486
up €18,486 (+80.0%), from €23,112 to €41,599
- Gross operating margin +€39,294
up €39,294 (+22.5%), from €174,808 to €214,101
- Taxes +€15,302
up €15,302 (+39.6%), from €38,678 to €53,979
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 | €289,447 | €336,116 | +€46,669 | +16.1% |
| Fixed assets | 21/28 | €11,798 | €10,512 | -€1,287 | -10.9% |
| Tangible fixed assets | 22/27 | €11,798 | €10,512 | -€1,287 | -10.9% |
| Plant, machinery and equipment | 23 | €115 | €0 | -€115 | -100% |
| Furniture and vehicles | 24 | €8,638 | €7,784 | -€854 | -9.9% |
| Other tangible fixed assets | 26 | €3,046 | €2,728 | -€319 | -10.5% |
| Current assets | 29/58 | €277,649 | €325,604 | +€47,955 | +17.3% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100% |
| Amounts receivable within one year | 40/41 | €103,178 | €60,514 | -€42,664 | -41.3% |
| Trade receivables | 40 | €31,896 | €60,514 | +€28,618 | +89.7% |
| Other amounts receivable | 41 | €71,282 | €0 | -€71,282 | -100% |
| Cash at bank and in hand | 54/58 | €149,471 | €265,090 | +€115,619 | +77.4% |
| Total equity and liabilities | 10/49 | €289,447 | €336,116 | +€46,669 | +16.1% |
| Equity | 10/15 | €266,039 | €289,887 | +€23,849 | +9.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €261,039 | €284,887 | +€23,849 | +9.1% |
| Distributable reserves | 133 | €261,039 | €284,887 | +€23,849 | +9.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,408 | €46,228 | +€22,820 | +97.5% |
| Amounts payable within one year | 42/48 | €23,408 | €46,228 | +€22,820 | +97.5% |
| Trade debts | 44 | €296 | €1,440 | +€1,144 | +386% |
| Suppliers | 440/4 | €296 | €1,440 | +€1,144 | +386% |
| Taxes, remuneration and social security | 45 | €23,112 | €41,599 | +€18,486 | +80.0% |
| Taxes | 450/3 | €23,112 | €41,599 | +€18,486 | +80.0% |
| Other amounts payable | 47/48 | €0 | €3,190 | +€3,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,998 | €4,793 | -€205 | -4.1% |
| Other operating charges | 640/8 | €806 | €453 | -€353 | -43.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €174,808 | €214,101 | +€39,294 | +22.5% |
| Operating profit (loss) | 9901 | €169,003 | €208,855 | +€39,852 | +23.6% |
| Financial income | 75/76B | €2,329 | €1,265 | -€1,065 | -45.7% |
| Recurring financial income | 75 | €2,329 | €1,265 | -€1,065 | -45.7% |
| Financial charges | 65/66B | €2,243 | €1,880 | -€363 | -16.2% |
| Recurring financial charges | 65 | €2,243 | €1,880 | -€363 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €169,090 | €208,240 | +€39,150 | +23.2% |
| Income taxes | 67/77 | €38,678 | €53,979 | +€15,302 | +39.6% |
| Profit (loss) for the period | 9904 | €130,412 | €154,261 | +€23,849 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,412 | €154,261 | +€23,849 | +18.3% |
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 25 October 2026 via checked.be.