VWS VISION CARE: 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.
VWS VISION CARE
Largest movements
- Receivables within one year +€18,189
up €18,189 (+12.1%), from €150,900 to €169,089
of which Other amounts receivable: +€34,637
- Tangible fixed assets -€7,654
down €7,654 (-21.3%), from €35,893 to €28,239
of which Leasing and similar rights: -€7,602
- Reserves +€21,919
up €21,919 (+22.9%), from €95,889 to €117,808
of which Distributable reserves: +€21,919
- Debts after one year -€6,948
down €6,948 (-23.6%), from €29,467 to €22,519
- Short-term financial debts -€3,208
down €3,208 (-32.5%), from €9,868 to €6,660
- Other debts -€3,190
down €3,190 (-13.9%), from €22,909 to €19,719
- Gross operating margin +€13,534
up €13,534 (+57.9%), from €23,383 to €36,917
- Taxes +€5,684
up €5,684 (+97.2%), from €5,850 to €11,534
- Depreciation +€5,276
up €5,276 (+222%), from €2,378 to €7,654
- Financial income +€4,418
up €4,418 (+68.2%), from €6,473 to €10,891
of which Non-recurring financial income: +€4,050
- Financial charges +€1,441
up €1,441 (+37.7%), from €3,824 to €5,265
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 | €189,260 | €198,500 | +€9,240 | +4.9% |
| Fixed assets | 21/28 | €35,893 | €28,239 | -€7,654 | -21.3% |
| Tangible fixed assets | 22/27 | €35,893 | €28,239 | -€7,654 | -21.3% |
| Land and buildings | 22 | €209 | €157 | -€52 | -25.0% |
| Leasing and similar rights | 25 | €35,684 | €28,082 | -€7,602 | -21.3% |
| Current assets | 29/58 | €153,366 | €170,261 | +€16,894 | +11.0% |
| Amounts receivable within one year | 40/41 | €150,900 | €169,089 | +€18,189 | +12.1% |
| Trade receivables | 40 | €24,823 | €8,374 | -€16,448 | -66.3% |
| Other amounts receivable | 41 | €126,077 | €160,714 | +€34,637 | +27.5% |
| Cash at bank and in hand | 54/58 | €1,798 | €16 | -€1,782 | -99.1% |
| Deferred charges and accrued income | 490/1 | €668 | €1,155 | +€487 | +73.0% |
| Total equity and liabilities | 10/49 | €189,260 | €198,500 | +€9,240 | +4.9% |
| Equity | 10/15 | €101,602 | €124,008 | +€22,407 | +22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,889 | €117,808 | +€21,919 | +22.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €94,029 | €115,948 | +€21,919 | +23.3% |
| Profit (loss) carried forward | 14 | -€487 | €0 | +€487 | |
| Amounts payable | 17/49 | €87,658 | €74,491 | -€13,167 | -15.0% |
| Amounts payable after more than one year | 17 | €29,467 | €22,519 | -€6,948 | -23.6% |
| Financial debts | 170/4 | €29,467 | €22,519 | -€6,948 | -23.6% |
| Amounts payable within one year | 42/48 | €58,191 | €51,910 | -€6,281 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €6,481 | €6,948 | +€467 | +7.2% |
| Financial debts | 43 | €9,868 | €6,660 | -€3,208 | -32.5% |
| Credit institutions | 430/8 | €9,868 | €6,660 | -€3,208 | -32.5% |
| Trade debts | 44 | €7,004 | €5,607 | -€1,397 | -19.9% |
| Suppliers | 440/4 | €7,004 | €5,607 | -€1,397 | -19.9% |
| Taxes, remuneration and social security | 45 | €11,929 | €12,976 | +€1,047 | +8.8% |
| Taxes | 450/3 | €11,929 | €12,976 | +€1,047 | +8.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €22,909 | €19,719 | -€3,190 | -13.9% |
| Accrued charges and deferred income | 492/3 | €0 | €62 | +€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,378 | €7,654 | +€5,276 | +222% |
| Other operating charges | 640/8 | €742 | €947 | +€205 | +27.7% |
| Non-recurring operating charges | 66A | €6,738 | €0 | -€6,738 | -100% |
| Gross operating margin | 9900 | €23,383 | €36,917 | +€13,534 | +57.9% |
| Operating profit (loss) | 9901 | €13,525 | €28,316 | +€14,791 | +109% |
| Financial income | 75/76B | €6,473 | €10,891 | +€4,418 | +68.2% |
| Recurring financial income | 75 | €6,473 | €6,841 | +€368 | +5.7% |
| Non-recurring financial income | 76B | - | €4,050 | +€4,050 | |
| Financial charges | 65/66B | €3,824 | €5,265 | +€1,441 | +37.7% |
| Recurring financial charges | 65 | €3,824 | €5,265 | +€1,441 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | €16,174 | €33,941 | +€17,767 | +110% |
| Income taxes | 67/77 | €5,850 | €11,534 | +€5,684 | +97.2% |
| Profit (loss) for the period | 9904 | €10,324 | €22,407 | +€12,083 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €10,324 | €22,407 | +€12,083 | +117% |
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 14 October 2026 via checked.be.