VYZION: 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.
VYZION
Largest movements
- Financial fixed assets +€750,000
up €750,000 (+3878.0%), from €19,340 to €769,340
- Cash +€276,747
up €276,747 (+3526.1%), from €7,848 to €284,595
mainly Other debts (+€562,189) and Contributions, distributions and other (+€500,000)
- Other debts +€562,189
up €562,189 (+820.5%), from €68,521 to €630,710
- Contributions +€500,000
up €500,000 (+5000.0%), from €10,000 to €510,000
- Profit (loss) carried forward +€28,373
up €28,373 (+10.4%), from €272,836 to €301,210
- Trade debts -€23,597
down €23,597 (-37.4%), from €63,017 to €39,419
- Tax, wage and social debts -€23,176
down €23,176 (-54.4%), from €42,594 to €19,418
of which Taxes: -€23,536
- Gross operating margin -€29,645
down €29,645 (-28.4%), from €104,356 to €74,711
- Financial charges +€19,303
up €19,303 (+396.7%), from €4,866 to €24,169
- Taxes -€5,957
down €5,957 (-34.3%), from €17,352 to €11,395
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 | €611,775 | €1,644,176 | +€1.0m | +168.8% |
| Formation expenses | 20 | €241 | - | -€241 | |
| Fixed assets | 21/28 | €502,536 | €1,244,994 | +€742,458 | +147.7% |
| Intangible fixed assets | 21 | €2,998 | €2,398 | -€600 | -20.0% |
| Tangible fixed assets | 22/27 | €480,198 | €473,256 | -€6,942 | -1.4% |
| Land and buildings | 22 | €227,202 | €221,733 | -€5,469 | -2.4% |
| Furniture and vehicles | 24 | €7,972 | €6,499 | -€1,473 | -18.5% |
| Assets under construction and advance payments | 27 | €245,024 | €245,024 | = | 0.0% |
| Financial fixed assets | 28 | €19,340 | €769,340 | +€750,000 | +3878.0% |
| Current assets | 29/58 | €108,998 | €399,181 | +€290,183 | +266.2% |
| Amounts receivable within one year | 40/41 | €100,337 | €113,944 | +€13,607 | +13.6% |
| Trade receivables | 40 | €54,187 | €85,214 | +€31,027 | +57.3% |
| Other amounts receivable | 41 | €46,150 | €28,730 | -€17,420 | -37.7% |
| Cash at bank and in hand | 54/58 | €7,848 | €284,595 | +€276,747 | +3526.1% |
| Deferred charges and accrued income | 490/1 | €813 | €642 | -€170 | -21.0% |
| Total equity and liabilities | 10/49 | €611,775 | €1,644,176 | +€1.0m | +168.8% |
| Equity | 10/15 | €282,836 | €811,210 | +€528,373 | +186.8% |
| Contributions | 10/11 | €10,000 | €510,000 | +€500,000 | +5000.0% |
| Profit (loss) carried forward | 14 | €272,836 | €301,210 | +€28,373 | +10.4% |
| Amounts payable | 17/49 | €328,939 | €832,966 | +€504,027 | +153.2% |
| Amounts payable after more than one year | 17 | €142,326 | €129,615 | -€12,711 | -8.9% |
| Financial debts | 170/4 | €142,326 | €129,615 | -€12,711 | -8.9% |
| Amounts payable within one year | 42/48 | €186,613 | €703,351 | +€516,738 | +276.9% |
| Current portion of amounts payable after more than one year | 42 | €12,482 | €12,711 | +€230 | +1.8% |
| Trade debts | 44 | €63,017 | €39,419 | -€23,597 | -37.4% |
| Suppliers | 440/4 | €63,017 | €39,419 | -€23,597 | -37.4% |
| Advances received on contracts in progress | 46 | - | €1,092 | +€1,092 | |
| Taxes, remuneration and social security | 45 | €42,594 | €19,418 | -€23,176 | -54.4% |
| Taxes | 450/3 | €42,594 | €19,057 | -€23,536 | -55.3% |
| Remuneration and social security | 454/9 | - | €360 | +€360 | |
| Other amounts payable | 47/48 | €68,521 | €630,710 | +€562,189 | +820.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,305 | €10,057 | +€753 | +8.1% |
| Other operating charges | 640/8 | €686 | €1,683 | +€997 | +145.4% |
| Gross operating margin | 9900 | €104,356 | €74,711 | -€29,645 | -28.4% |
| Operating profit (loss) | 9901 | €94,365 | €62,971 | -€31,394 | -33.3% |
| Financial income | 75/76B | €30 | €966 | +€936 | +3119.3% |
| Recurring financial income | 75 | €30 | €966 | +€936 | +3119.3% |
| Financial charges | 65/66B | €4,866 | €24,169 | +€19,303 | +396.7% |
| Recurring financial charges | 65 | €4,866 | €24,169 | +€19,303 | +396.7% |
| Profit (loss) for the period before taxes | 9903 | €89,529 | €39,768 | -€49,761 | -55.6% |
| Income taxes | 67/77 | €17,352 | €11,395 | -€5,957 | -34.3% |
| Profit (loss) for the period | 9904 | €72,177 | €28,373 | -€43,804 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,177 | €28,373 | -€43,804 | -60.7% |
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 4 October 2026 via checked.be.