WINTER BISON VFX: 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.
WINTER BISON VFX
Largest movements
- Cash -€12,596
down €12,596 (-67.3%), from €18,720 to €6,124
mainly Receivables within one year (-€8,748) and Investment in fixed assets (net) (-€5,937)
- Receivables within one year +€8,748
up €8,748 (+67.4%), from €12,979 to €21,727
of which Trade receivables: +€8,956
- Tangible fixed assets -€7,418
down €7,418 (-28.2%), from €26,317 to €18,899
of which Furniture and vehicles: -€4,476
- Intangible fixed assets -€1,122
down €1,122 (-59.0%), from €1,903 to €781
- Deferred charges and accrued income -€889
down €889 (-71.8%), from €1,238 to €349
- Debts after one year -€5,686
down €5,686 (-45.1%), from €12,614 to €6,928
- Profit (loss) carried forward -€4,819
down €4,819 (-15.8%), from €30,516 to €25,697
- Other debts -€3,649
down €3,649 (-63.5%), from €5,747 to €2,098
- Tax, wage and social debts -€895
down €895 (-15.8%), from €5,663 to €4,768
- Accrued charges and deferred income +€867
new in 2025: €867
- Gross operating margin -€1,251
down €1,251 (-9.7%), from €12,941 to €11,690
- Depreciation +€1,209
up €1,209 (+9.1%), from €13,268 to €14,477
- Financial charges -€158
down €158 (-10.4%), from €1,518 to €1,360
- Other operating charges +€141
up €141 (+41.7%), from €338 to €479
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 | €61,157 | €47,880 | -€13,277 | -21.7% |
| Fixed assets | 21/28 | €28,220 | €19,680 | -€8,540 | -30.3% |
| Intangible fixed assets | 21 | €1,903 | €781 | -€1,122 | -59.0% |
| Tangible fixed assets | 22/27 | €26,317 | €18,899 | -€7,418 | -28.2% |
| Plant, machinery and equipment | 23 | €6,986 | €4,044 | -€2,942 | -42.1% |
| Furniture and vehicles | 24 | €19,331 | €14,855 | -€4,476 | -23.2% |
| Current assets | 29/58 | €32,937 | €28,200 | -€4,737 | -14.4% |
| Amounts receivable within one year | 40/41 | €12,979 | €21,727 | +€8,748 | +67.4% |
| Trade receivables | 40 | €12,771 | €21,727 | +€8,956 | +70.1% |
| Other amounts receivable | 41 | €208 | - | -€208 | |
| Cash at bank and in hand | 54/58 | €18,720 | €6,124 | -€12,596 | -67.3% |
| Deferred charges and accrued income | 490/1 | €1,238 | €349 | -€889 | -71.8% |
| Total equity and liabilities | 10/49 | €61,157 | €47,880 | -€13,277 | -21.7% |
| Equity | 10/15 | €31,016 | €26,197 | -€4,819 | -15.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,516 | €25,697 | -€4,819 | -15.8% |
| Amounts payable | 17/49 | €30,141 | €21,683 | -€8,458 | -28.1% |
| Amounts payable after more than one year | 17 | €12,614 | €6,928 | -€5,686 | -45.1% |
| Financial debts | 170/4 | €12,614 | €6,928 | -€5,686 | -45.1% |
| Amounts payable within one year | 42/48 | €17,527 | €13,888 | -€3,639 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €5,462 | €5,685 | +€223 | +4.1% |
| Trade debts | 44 | €655 | €1,337 | +€682 | +104% |
| Suppliers | 440/4 | €655 | €1,337 | +€682 | +104% |
| Taxes, remuneration and social security | 45 | €5,663 | €4,768 | -€895 | -15.8% |
| Taxes | 450/3 | €5,663 | €4,768 | -€895 | -15.8% |
| Other amounts payable | 47/48 | €5,747 | €2,098 | -€3,649 | -63.5% |
| Accrued charges and deferred income | 492/3 | - | €867 | +€867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,268 | €14,477 | +€1,209 | +9.1% |
| Other operating charges | 640/8 | €338 | €479 | +€141 | +41.7% |
| Gross operating margin | 9900 | €12,941 | €11,690 | -€1,251 | -9.7% |
| Operating profit (loss) | 9901 | -€665 | -€3,266 | -€2,601 | -391% |
| Financial income | 75/76B | - | €40 | +€40 | |
| Recurring financial income | 75 | - | €40 | +€40 | |
| Financial charges | 65/66B | €1,518 | €1,360 | -€158 | -10.4% |
| Recurring financial charges | 65 | €1,518 | €1,360 | -€158 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,183 | -€4,586 | -€2,403 | -110% |
| Income taxes | 67/77 | €216 | €233 | +€17 | +7.9% |
| Profit (loss) for the period | 9904 | -€2,399 | -€4,819 | -€2,420 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,399 | -€4,819 | -€2,420 | -101% |
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 21 October 2026 via checked.be.