Your Vision: 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.
Your Vision
Largest movements
- Tangible fixed assets -€4,104
down €4,104 (-10.4%), from €39,624 to €35,520
of which Other tangible fixed assets: -€6,280
- Receivables within one year +€4,052
up €4,052 (+38.8%), from €10,438 to €14,490
of which Trade receivables: +€4,058
- Intangible fixed assets -€3,250
down €3,250 (-15.4%), from €21,103 to €17,853
- Cash +€2,033
up €2,033 (+70.7%), from €2,876 to €4,908
mainly Net result for the year (+€14,127) and Depreciation (+€11,266)
- Profit (loss) carried forward +€14,127
up €14,127 (+207.3%), from €6,814 to €20,940
- Debts after one year -€8,803
down €8,803 (-47.6%), from €18,480 to €9,677
- Tax, wage and social debts -€6,141
down €6,141 (-50.5%), from €12,166 to €6,025
- Other debts -€1,144
down €1,144 (-5.2%), from €22,134 to €20,990
- Gross operating margin +€12,269
up €12,269 (+59.7%), from €20,559 to €32,827
- Other operating charges -€2,123
down €2,123 (-80.1%), from €2,651 to €528
- Taxes +€1,863
up €1,863 (+73.8%), from €2,523 to €4,386
- Financial charges +€801
up €801 (+46.1%), from €1,737 to €2,538
- Depreciation +€648
up €648 (+6.1%), from €10,618 to €11,266
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 | €75,969 | €74,078 | -€1,891 | -2.5% |
| Formation expenses | 20 | €514 | €36 | -€478 | -93.1% |
| Fixed assets | 21/28 | €60,726 | €53,372 | -€7,354 | -12.1% |
| Intangible fixed assets | 21 | €21,103 | €17,853 | -€3,250 | -15.4% |
| Tangible fixed assets | 22/27 | €39,624 | €35,520 | -€4,104 | -10.4% |
| Furniture and vehicles | 24 | €1,272 | €3,448 | +€2,176 | +171.1% |
| Other tangible fixed assets | 26 | €38,352 | €32,071 | -€6,280 | -16.4% |
| Current assets | 29/58 | €14,729 | €20,670 | +€5,941 | +40.3% |
| Amounts receivable within one year | 40/41 | €10,438 | €14,490 | +€4,052 | +38.8% |
| Trade receivables | 40 | €10,432 | €14,490 | +€4,058 | +38.9% |
| Other amounts receivable | 41 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €2,876 | €4,908 | +€2,033 | +70.7% |
| Deferred charges and accrued income | 490/1 | €1,416 | €1,272 | -€144 | -10.2% |
| Total equity and liabilities | 10/49 | €75,969 | €74,078 | -€1,891 | -2.5% |
| Equity | 10/15 | €11,814 | €25,940 | +€14,127 | +119.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,814 | €20,940 | +€14,127 | +207.3% |
| Amounts payable | 17/49 | €64,155 | €48,137 | -€16,018 | -25.0% |
| Amounts payable after more than one year | 17 | €18,480 | €9,677 | -€8,803 | -47.6% |
| Financial debts | 170/4 | €18,480 | €9,677 | -€8,803 | -47.6% |
| Amounts payable within one year | 42/48 | €45,676 | €37,932 | -€7,744 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €8,679 | €8,803 | +€123 | +1.4% |
| Trade debts | 44 | €2,696 | €2,113 | -€583 | -21.6% |
| Suppliers | 440/4 | €2,696 | €2,113 | -€583 | -21.6% |
| Taxes, remuneration and social security | 45 | €12,166 | €6,025 | -€6,141 | -50.5% |
| Taxes | 450/3 | €12,166 | €6,025 | -€6,141 | -50.5% |
| Other amounts payable | 47/48 | €22,134 | €20,990 | -€1,144 | -5.2% |
| Accrued charges and deferred income | 492/3 | - | €529 | +€529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,618 | €11,266 | +€648 | +6.1% |
| Other operating charges | 640/8 | €2,651 | €528 | -€2,123 | -80.1% |
| Gross operating margin | 9900 | €20,559 | €32,827 | +€12,269 | +59.7% |
| Operating profit (loss) | 9901 | €7,290 | €21,033 | +€13,744 | +188.5% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €1,737 | €2,538 | +€801 | +46.1% |
| Recurring financial charges | 65 | €1,737 | €2,538 | +€801 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €5,552 | €18,513 | +€12,960 | +233.4% |
| Income taxes | 67/77 | €2,523 | €4,386 | +€1,863 | +73.8% |
| Profit (loss) for the period | 9904 | €3,029 | €14,127 | +€11,097 | +366.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,029 | €14,127 | +€11,097 | +366.3% |
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 6 October 2026 via checked.be.