VAJAMO: 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.
VAJAMO
Largest movements
- Cash -€517,453
down €517,453 (-65.2%), from €793,080 to €275,627
mainly Receivables within one year (-€505,000) and Net result for the year (-€12,069)
- Receivables within one year +€505,000
up €505,000 (+354.4%), from €142,500 to €647,500
- Profit (loss) carried forward -€12,069
down €12,069 (-1.4%), from €834,338 to €822,268
- Gross operating margin -€117,742
down €117,742, from €111,825 to -€5,917
- Financial charges -€22,043
down €22,043 (-75.6%), from €29,151 to €7,108
- Other operating charges +€6,272
up €6,272 (+5315.3%), from €118 to €6,390
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 | €1,032,732 | €1,027,624 | -€5,107 | -0.5% |
| Fixed assets | 21/28 | €96,000 | €96,000 | = | 0.0% |
| Financial fixed assets | 28 | €96,000 | €96,000 | = | 0.0% |
| Current assets | 29/58 | €936,732 | €931,624 | -€5,107 | -0.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €142,500 | €647,500 | +€505,000 | +354.4% |
| Other amounts receivable | 41 | €142,500 | €647,500 | +€505,000 | +354.4% |
| Cash at bank and in hand | 54/58 | €793,080 | €275,627 | -€517,453 | -65.2% |
| Deferred charges and accrued income | 490/1 | €1,151 | €8,497 | +€7,346 | +638.1% |
| Total equity and liabilities | 10/49 | €1,032,732 | €1,027,624 | -€5,107 | -0.5% |
| Equity | 10/15 | €852,938 | €840,868 | -€12,069 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €834,338 | €822,268 | -€12,069 | -1.4% |
| Amounts payable | 17/49 | €179,794 | €186,756 | +€6,962 | +3.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €162,645 | €162,700 | +€54 | 0.0% |
| Trade debts | 44 | €145 | €54 | -€91 | -62.5% |
| Suppliers | 440/4 | €145 | €54 | -€91 | -62.5% |
| Other amounts payable | 47/48 | €162,500 | €162,645 | +€145 | +0.1% |
| Accrued charges and deferred income | 492/3 | €17,149 | €24,056 | +€6,908 | +40.3% |
| Other operating charges | 640/8 | €118 | €6,390 | +€6,272 | +5315.3% |
| Gross operating margin | 9900 | €111,825 | -€5,917 | -€117,742 | |
| Operating profit (loss) | 9901 | €111,707 | -€12,308 | -€124,014 | |
| Financial income | 75/76B | €7,082 | €7,346 | +€263 | +3.7% |
| Recurring financial income | 75 | €7,082 | €7,346 | +€263 | +3.7% |
| Financial charges | 65/66B | €29,151 | €7,108 | -€22,043 | -75.6% |
| Recurring financial charges | 65 | €29,151 | €7,108 | -€22,043 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €89,639 | -€12,069 | -€101,708 | |
| Profit (loss) for the period | 9904 | €89,639 | -€12,069 | -€101,708 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,639 | -€12,069 | -€101,708 |
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 10 October 2026 via checked.be.