V.J.M.: 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.
V.J.M.
Largest movements
- Cash -€4,780
down €4,780 (-76.0%), from €6,287 to €1,508
mainly Other debts (-€6,000) and Deferred charges and accrued income (-€230)
- Other debts -€6,000
down €6,000 (-7.0%), from €85,843 to €79,843
- Financial income -€1,500
down €1,500 (-100%), from €1,500 to €0
- Gross operating margin -€937
down €937 (-11.4%), from €8,213 to €7,276
- Other operating charges +€121
up €121 (+2.1%), from €5,703 to €5,824
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 | €147,502 | €142,817 | -€4,685 | -3.2% |
| Fixed assets | 21/28 | €140,775 | €140,775 | = | 0.0% |
| Tangible fixed assets | 22/27 | €140,775 | €140,775 | = | 0.0% |
| Land and buildings | 22 | €140,775 | €140,775 | = | 0.0% |
| Current assets | 29/58 | €6,726 | €2,042 | -€4,685 | -69.6% |
| Amounts receivable within one year | 40/41 | €212 | €77 | -€135 | -63.6% |
| Trade receivables | 40 | €212 | €77 | -€135 | -63.6% |
| Cash at bank and in hand | 54/58 | €6,287 | €1,508 | -€4,780 | -76.0% |
| Deferred charges and accrued income | 490/1 | €227 | €457 | +€230 | +101% |
| Total equity and liabilities | 10/49 | €147,502 | €142,817 | -€4,685 | -3.2% |
| Equity | 10/15 | €61,659 | €62,974 | +€1,315 | +2.1% |
| Contributions | 10/11 | €156,173 | €156,173 | = | 0.0% |
| Capital | 10 | €156,173 | €156,173 | = | 0.0% |
| Issued capital | 100 | €156,173 | €156,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,514 | -€93,199 | +€1,315 | +1.4% |
| Amounts payable | 17/49 | €85,843 | €79,843 | -€6,000 | -7.0% |
| Amounts payable within one year | 42/48 | €85,843 | €79,843 | -€6,000 | -7.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €85,843 | €79,843 | -€6,000 | -7.0% |
| Other operating charges | 640/8 | €5,703 | €5,824 | +€121 | +2.1% |
| Gross operating margin | 9900 | €8,213 | €7,276 | -€937 | -11.4% |
| Operating profit (loss) | 9901 | €2,510 | €1,452 | -€1,058 | -42.2% |
| Financial income | 75/76B | €1,500 | €0 | -€1,500 | -100% |
| Recurring financial income | 75 | €1,500 | €0 | -€1,500 | -100% |
| Financial charges | 65/66B | €120 | €136 | +€16 | +13.3% |
| Recurring financial charges | 65 | €120 | €136 | +€16 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €3,890 | €1,315 | -€2,574 | -66.2% |
| Profit (loss) for the period | 9904 | €3,890 | €1,315 | -€2,574 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,890 | €1,315 | -€2,574 | -66.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.