VISAMED: 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.
VISAMED
Largest movements
- Tangible fixed assets +€34,268
up €34,268 (+1,744%), from €1,965 to €36,233
of which Furniture and vehicles: +€34,462
- Receivables within one year +€11,817
up €11,817 (+29.1%), from €40,662 to €52,479
- Deferred charges and accrued income -€5,083
down €5,083 (-46.0%), from €11,051 to €5,968
- Reserves +€41,800
up €41,800 (+10.6%), from €393,200 to €435,000
of which Distributable reserves: +€41,800
- Gross operating margin +€13,449
up €13,449 (+23.5%), from €57,294 to €70,743
- Depreciation +€8,847
up €8,847 (+3,467%), from €255 to €9,102
- Purchases and services +€5,459
up €5,459 (+5.9%), from €92,147 to €97,606
- Other operating charges +€4,092
up €4,092 (+298%), from €1,375 to €5,467
- Financial charges +€3,069
up €3,069, from -€2,577 to €493
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 | €421,912 | €464,596 | +€42,684 | +10.1% |
| Fixed assets | 21/28 | €1,965 | €36,233 | +€34,268 | +1,744% |
| Tangible fixed assets | 22/27 | €1,965 | €36,233 | +€34,268 | +1,744% |
| Plant, machinery and equipment | 23 | €248 | €55 | -€194 | -78.0% |
| Furniture and vehicles | 24 | €1,716 | €36,178 | +€34,462 | +2,008% |
| Current assets | 29/58 | €419,947 | €428,363 | +€8,416 | +2.0% |
| Amounts receivable within one year | 40/41 | €40,662 | €52,479 | +€11,817 | +29.1% |
| Other amounts receivable | 41 | €40,662 | €52,479 | +€11,817 | +29.1% |
| Current investments | 50/53 | €316,654 | €316,067 | -€586 | -0.2% |
| Cash at bank and in hand | 54/58 | €51,580 | €53,848 | +€2,268 | +4.4% |
| Deferred charges and accrued income | 490/1 | €11,051 | €5,968 | -€5,083 | -46.0% |
| Total equity and liabilities | 10/49 | €421,912 | €464,596 | +€42,684 | +10.1% |
| Equity | 10/15 | €408,079 | €449,894 | +€41,815 | +10.2% |
| Contributions | 10/11 | €14,265 | €14,265 | = | 0.0% |
| Reserves | 13 | €393,200 | €435,000 | +€41,800 | +10.6% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €385,200 | €427,000 | +€41,800 | +10.9% |
| Profit (loss) carried forward | 14 | €614 | €628 | +€15 | +2.4% |
| Amounts payable | 17/49 | €13,833 | €14,702 | +€869 | +6.3% |
| Amounts payable within one year | 42/48 | €13,806 | €10,752 | -€3,053 | -22.1% |
| Trade debts | 44 | €3,531 | €927 | -€2,604 | -73.7% |
| Suppliers | 440/4 | €3,531 | €927 | -€2,604 | -73.7% |
| Taxes, remuneration and social security | 45 | €10,275 | €9,825 | -€450 | -4.4% |
| Taxes | 450/3 | €10,275 | €9,825 | -€450 | -4.4% |
| Accrued charges and deferred income | 492/3 | €27 | €3,950 | +€3,923 | +14,517% |
| Turnover | 70 | €149,441 | €151,349 | +€1,908 | +1.3% |
| Non-recurring operating income | 76A | - | €17,000 | +€17,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €92,147 | €97,606 | +€5,459 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €9,102 | +€8,847 | +3,467% |
| Other operating charges | 640/8 | €1,375 | €5,467 | +€4,092 | +298% |
| Gross operating margin | 9900 | €57,294 | €70,743 | +€13,449 | +23.5% |
| Operating profit (loss) | 9901 | €55,663 | €56,174 | +€511 | +0.9% |
| Financial income | 75/76B | €521 | €883 | +€361 | +69.3% |
| Recurring financial income | 75 | €521 | €883 | +€361 | +69.3% |
| Financial charges | 65/66B | -€2,577 | €493 | +€3,069 | |
| Recurring financial charges | 65 | -€2,577 | €493 | +€3,069 | |
| Profit (loss) for the period before taxes | 9903 | €58,761 | €56,564 | -€2,197 | -3.7% |
| Income taxes | 67/77 | €16,645 | €14,750 | -€1,896 | -11.4% |
| Profit (loss) for the period | 9904 | €42,116 | €41,815 | -€301 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,116 | €41,815 | -€301 | -0.7% |
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 26 October 2026 via checked.be.