VANJA: 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.
VANJA
Largest movements
- Cash +€39,368
up €39,368 (+110.5%), from €35,614 to €74,982
mainly Receivables within one year (+€30,900) and Net result for the year (+€17,566)
- Receivables within one year -€30,900
down €30,900 (-39.9%), from €77,510 to €46,611
of which Trade receivables: -€34,119
- Tangible fixed assets -€6,247
down €6,247 (-35.4%), from €17,633 to €11,386
of which Furniture and vehicles: -€5,882
- Stocks and contracts +€3,947
up €3,947 (+41.8%), from €9,449 to €13,396
- Receivables after one year +€2,882
up €2,882 (+2.8%), from €101,557 to €104,439
- Trade debts -€21,882
down €21,882 (-94.9%), from €23,051 to €1,169
- Reserves +€17,566
up €17,566 (+8.5%), from €206,051 to €223,617
of which Distributable reserves: +€17,582
- Tax, wage and social debts +€12,361
up €12,361 (+151.4%), from €8,165 to €20,525
of which Taxes: +€10,995
- Gross operating margin +€23,467
up €23,467 (+36.1%), from €64,938 to €88,405
- Taxes +€8,529
new in 2025: €8,529
- Staff costs -€4,914
down €4,914 (-7.9%), from €61,932 to €57,018
- Financial charges +€1,111
up €1,111 (+66.8%), from €1,662 to €2,773
- Financial income +€962
up €962 (+25.9%), from €3,707 to €4,669
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 | €256,017 | €264,062 | +€8,045 | +3.1% |
| Fixed assets | 21/28 | €17,633 | €11,386 | -€6,247 | -35.4% |
| Tangible fixed assets | 22/27 | €17,633 | €11,386 | -€6,247 | -35.4% |
| Plant, machinery and equipment | 23 | €637 | €272 | -€365 | -57.3% |
| Furniture and vehicles | 24 | €16,996 | €11,114 | -€5,882 | -34.6% |
| Current assets | 29/58 | €238,384 | €252,676 | +€14,292 | +6.0% |
| Amounts receivable after more than one year | 29 | €101,557 | €104,439 | +€2,882 | +2.8% |
| Other amounts receivable | 291 | €101,557 | €104,439 | +€2,882 | +2.8% |
| Stocks and contracts in progress | 3 | €9,449 | €13,396 | +€3,947 | +41.8% |
| Stocks | 30/36 | €9,449 | €13,396 | +€3,947 | +41.8% |
| Amounts receivable within one year | 40/41 | €77,510 | €46,611 | -€30,900 | -39.9% |
| Trade receivables | 40 | €48,285 | €14,167 | -€34,119 | -70.7% |
| Other amounts receivable | 41 | €29,225 | €32,444 | +€3,219 | +11.0% |
| Cash at bank and in hand | 54/58 | €35,614 | €74,982 | +€39,368 | +110.5% |
| Deferred charges and accrued income | 490/1 | €14,254 | €13,248 | -€1,006 | -7.1% |
| Total equity and liabilities | 10/49 | €256,017 | €264,062 | +€8,045 | +3.1% |
| Equity | 10/15 | €224,801 | €242,367 | +€17,566 | +7.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €206,051 | €223,617 | +€17,566 | +8.5% |
| Non-distributable reserves | 130/1 | €1,875 | €1,859 | -€16 | -0.8% |
| Reserves not available under the articles | 1311 | €1,875 | €1,859 | -€16 | -0.8% |
| Distributable reserves | 133 | €204,176 | €221,758 | +€17,582 | +8.6% |
| Amounts payable | 17/49 | €31,216 | €21,694 | -€9,521 | -30.5% |
| Amounts payable within one year | 42/48 | €31,216 | €21,694 | -€9,521 | -30.5% |
| Trade debts | 44 | €23,051 | €1,169 | -€21,882 | -94.9% |
| Suppliers | 440/4 | €23,051 | €1,169 | -€21,882 | -94.9% |
| Taxes, remuneration and social security | 45 | €8,165 | €20,525 | +€12,361 | +151.4% |
| Taxes | 450/3 | €3,271 | €14,266 | +€10,995 | +336.1% |
| Remuneration and social security | 454/9 | €4,893 | €6,259 | +€1,366 | +27.9% |
| Remuneration, social security and pensions | 62 | €61,932 | €57,018 | -€4,914 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,141 | €6,247 | -€894 | -12.5% |
| Other operating charges | 640/8 | €798 | €940 | +€141 | +17.7% |
| Gross operating margin | 9900 | €64,938 | €88,405 | +€23,467 | +36.1% |
| Operating profit (loss) | 9901 | -€4,935 | €24,200 | +€29,135 | |
| Financial income | 75/76B | €3,707 | €4,669 | +€962 | +25.9% |
| Recurring financial income | 75 | €3,707 | €4,669 | +€962 | +25.9% |
| Financial charges | 65/66B | €1,662 | €2,773 | +€1,111 | +66.8% |
| Recurring financial charges | 65 | €1,662 | €2,773 | +€1,111 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,890 | €26,095 | +€28,985 | |
| Income taxes | 67/77 | - | €8,529 | +€8,529 | |
| Profit (loss) for the period | 9904 | -€2,890 | €17,566 | +€20,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,890 | €17,566 | +€20,456 |
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 9 October 2026 via checked.be.