VAJACLA: 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.
VAJACLA
Largest movements
- Stocks and contracts -€6,000
no longer reported in 2025 (was €6,000)
- Receivables within one year +€2,076
up €2,076 (+7.0%), from €29,743 to €31,819
of which Trade receivables: +€4,553
- Cash -€1,298
down €1,298 (-90.5%), from €1,435 to €137
mainly Other debts (-€9,639) and Receivables within one year (-€2,076)
- Deferred charges and accrued income +€1,012
up €1,012 (+19.4%), from €5,229 to €6,241
- Other debts -€9,639
down €9,639 (-66.9%), from €14,415 to €4,775
- Profit (loss) carried forward +€3,250
up €3,250 (+35.8%), from -€9,088 to -€5,838
- Trade debts +€2,012
up €2,012 (+31.9%), from €6,312 to €8,324
- Gross operating margin +€2,281
up €2,281 (+44.0%), from €5,189 to €7,470
- Taxes +€826
up €826 (+46.3%), from €1,783 to €2,609
- Financial income +€126
up €126 (+273%), from €46 to €172
- Depreciation -€118
down €118 (-43.1%), from €273 to €155
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 | €43,500 | €39,135 | -€4,365 | -10.0% |
| Fixed assets | 21/28 | €1,093 | €938 | -€155 | -14.2% |
| Tangible fixed assets | 22/27 | €193 | €38 | -€155 | -80.4% |
| Plant, machinery and equipment | 23 | €193 | €38 | -€155 | -80.4% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €42,407 | €38,197 | -€4,210 | -9.9% |
| Stocks and contracts in progress | 3 | €6,000 | - | -€6,000 | |
| Contracts in progress | 37 | €6,000 | - | -€6,000 | |
| Amounts receivable within one year | 40/41 | €29,743 | €31,819 | +€2,076 | +7.0% |
| Trade receivables | 40 | €23,817 | €28,370 | +€4,553 | +19.1% |
| Other amounts receivable | 41 | €5,926 | €3,449 | -€2,477 | -41.8% |
| Cash at bank and in hand | 54/58 | €1,435 | €137 | -€1,298 | -90.5% |
| Deferred charges and accrued income | 490/1 | €5,229 | €6,241 | +€1,012 | +19.4% |
| Total equity and liabilities | 10/49 | €43,500 | €39,135 | -€4,365 | -10.0% |
| Equity | 10/15 | €22,676 | €25,926 | +€3,250 | +14.3% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €25,097 | €25,097 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €4,487 | €4,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,088 | -€5,838 | +€3,250 | +35.8% |
| Amounts payable | 17/49 | €20,823 | €13,208 | -€7,615 | -36.6% |
| Amounts payable within one year | 42/48 | €20,823 | €13,208 | -€7,615 | -36.6% |
| Trade debts | 44 | €6,312 | €8,324 | +€2,012 | +31.9% |
| Suppliers | 440/4 | €6,312 | €8,324 | +€2,012 | +31.9% |
| Advances received on contracts in progress | 46 | €97 | - | -€97 | |
| Taxes, remuneration and social security | 45 | - | €109 | +€109 | |
| Taxes | 450/3 | - | €109 | +€109 | |
| Other amounts payable | 47/48 | €14,415 | €4,775 | -€9,639 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €155 | -€118 | -43.1% |
| Other operating charges | 640/8 | €1,207 | €1,243 | +€36 | +3.0% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €5,189 | €7,470 | +€2,281 | +44.0% |
| Operating profit (loss) | 9901 | €3,710 | €6,009 | +€2,299 | +62.0% |
| Financial income | 75/76B | €46 | €172 | +€126 | +273% |
| Recurring financial income | 75 | €46 | €172 | +€126 | +273% |
| Financial charges | 65/66B | €370 | €322 | -€48 | -12.9% |
| Recurring financial charges | 65 | €370 | €322 | -€48 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,386 | €5,859 | +€2,473 | +73.0% |
| Income taxes | 67/77 | €1,783 | €2,609 | +€826 | +46.3% |
| Profit (loss) for the period | 9904 | €1,603 | €3,250 | +€1,647 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €1,603 | €3,250 | +€1,647 | +103% |
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 15 October 2026 via checked.be.