VeJa Talent Development: 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.
VeJa Talent Development
Largest movements
- Receivables within one year -€16,056
down €16,056 (-65.0%), from €24,694 to €8,639
of which Trade receivables: -€15,809
- Tangible fixed assets -€12,613
down €12,613 (-36.5%), from €34,582 to €21,969
of which Furniture and vehicles: -€9,016
- Cash -€12,500
down €12,500 (-13.3%), from €93,735 to €81,235
mainly Net result for the year (-€30,973) and Tax, wage and social debts (-€20,183)
- Reserves -€30,973
down €30,973 (-30.7%), from €100,945 to €69,971
- Tax, wage and social debts -€20,183
down €20,183 (-83.7%), from €24,124 to €3,941
of which Taxes: -€17,883
- Other debts +€18,320
up €18,320 (+133%), from €13,727 to €32,047
- Current portion of long-term debt -€8,804
down €8,804 (-83.2%), from €10,582 to €1,778
- Debts after one year -€1,778
no longer reported in 2025 (was €1,778)
- Gross operating margin -€79,477
down €79,477, from €64,639 to -€14,838
- Taxes -€11,197
down €11,197 (-97.2%), from €11,517 to €320
- Financial charges +€883
up €883 (+91.1%), from €970 to €1,853
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 | €153,012 | €111,843 | -€41,169 | -26.9% |
| Fixed assets | 21/28 | €34,582 | €21,969 | -€12,613 | -36.5% |
| Tangible fixed assets | 22/27 | €34,582 | €21,969 | -€12,613 | -36.5% |
| Plant, machinery and equipment | 23 | €2,496 | €1,906 | -€590 | -23.6% |
| Furniture and vehicles | 24 | €18,963 | €9,948 | -€9,016 | -47.5% |
| Other tangible fixed assets | 26 | €13,123 | €10,115 | -€3,008 | -22.9% |
| Current assets | 29/58 | €118,429 | €89,874 | -€28,556 | -24.1% |
| Amounts receivable within one year | 40/41 | €24,694 | €8,639 | -€16,056 | -65.0% |
| Trade receivables | 40 | €24,428 | €8,619 | -€15,809 | -64.7% |
| Other amounts receivable | 41 | €267 | €20 | -€247 | -92.6% |
| Cash at bank and in hand | 54/58 | €93,735 | €81,235 | -€12,500 | -13.3% |
| Total equity and liabilities | 10/49 | €153,012 | €111,843 | -€41,169 | -26.9% |
| Equity | 10/15 | €101,945 | €70,971 | -€30,973 | -30.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100,945 | €69,971 | -€30,973 | -30.7% |
| Distributable reserves | 133 | €100,945 | €69,971 | -€30,973 | -30.7% |
| Amounts payable | 17/49 | €51,067 | €40,871 | -€10,196 | -20.0% |
| Amounts payable after more than one year | 17 | €1,778 | - | -€1,778 | |
| Financial debts | 170/4 | €1,778 | - | -€1,778 | |
| Amounts payable within one year | 42/48 | €48,705 | €39,174 | -€9,531 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €10,582 | €1,778 | -€8,804 | -83.2% |
| Trade debts | 44 | €272 | €1,408 | +€1,136 | +417% |
| Suppliers | 440/4 | €272 | €1,408 | +€1,136 | +417% |
| Taxes, remuneration and social security | 45 | €24,124 | €3,941 | -€20,183 | -83.7% |
| Taxes | 450/3 | €21,824 | €3,941 | -€17,883 | -81.9% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €13,727 | €32,047 | +€18,320 | +133% |
| Accrued charges and deferred income | 492/3 | €584 | €1,698 | +€1,114 | +191% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,431 | €12,613 | +€182 | +1.5% |
| Other operating charges | 640/8 | €986 | €1,349 | +€363 | +36.9% |
| Non-recurring operating charges | 66A | €4,277 | - | -€4,277 | |
| Gross operating margin | 9900 | €64,639 | -€14,838 | -€79,477 | |
| Operating profit (loss) | 9901 | €46,946 | -€28,800 | -€75,746 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -70.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -70.5% |
| Financial charges | 65/66B | €970 | €1,853 | +€883 | +91.1% |
| Recurring financial charges | 65 | €970 | €1,853 | +€883 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €45,977 | -€30,653 | -€76,630 | |
| Income taxes | 67/77 | €11,517 | €320 | -€11,197 | -97.2% |
| Profit (loss) for the period | 9904 | €34,460 | -€30,973 | -€65,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,460 | -€30,973 | -€65,433 |
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 20 October 2026 via checked.be.