Vejacon: 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.
Vejacon
Largest movements
- Current investments +€112,000
up €112,000 (+1120.0%), from €10,000 to €122,000
- Cash -€51,064
down €51,064 (-48.2%), from €106,005 to €54,941
mainly Current investments (-€112,000) and Contributions, distributions and other (-€111,770)
- Tangible fixed assets -€2,514
down €2,514 (-29.2%), from €8,606 to €6,092
of which Furniture and vehicles: -€1,612
- Other debts +€104,169
up €104,169 (+455.2%), from €22,884 to €127,053
- Profit (loss) carried forward -€48,296
down €48,296 (-43.5%), from €110,911 to €62,615
- Gross operating margin +€5,619
up €5,619 (+7.2%), from €78,037 to €83,656
- Financial income +€1,647
up €1,647 (+1634.7%), from €101 to €1,748
- Taxes +€1,282
up €1,282 (+8.5%), from €15,111 to €16,393
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 | €149,921 | €207,725 | +€57,804 | +38.6% |
| Fixed assets | 21/28 | €8,606 | €6,092 | -€2,514 | -29.2% |
| Tangible fixed assets | 22/27 | €8,606 | €6,092 | -€2,514 | -29.2% |
| Plant, machinery and equipment | 23 | €72 | €0 | -€72 | -100.0% |
| Furniture and vehicles | 24 | €2,315 | €703 | -€1,612 | -69.6% |
| Other tangible fixed assets | 26 | €6,219 | €5,389 | -€830 | -13.3% |
| Current assets | 29/58 | €141,315 | €201,633 | +€60,318 | +42.7% |
| Amounts receivable within one year | 40/41 | €21,826 | €21,961 | +€135 | +0.6% |
| Trade receivables | 40 | €21,826 | €19,869 | -€1,957 | -9.0% |
| Other amounts receivable | 41 | - | €2,092 | +€2,092 | |
| Current investments | 50/53 | €10,000 | €122,000 | +€112,000 | +1120.0% |
| Cash at bank and in hand | 54/58 | €106,005 | €54,941 | -€51,064 | -48.2% |
| Deferred charges and accrued income | 490/1 | €3,483 | €2,731 | -€753 | -21.6% |
| Total equity and liabilities | 10/49 | €149,921 | €207,725 | +€57,804 | +38.6% |
| Equity | 10/15 | €113,911 | €65,615 | -€48,296 | -42.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,911 | €62,615 | -€48,296 | -43.5% |
| Amounts payable | 17/49 | €36,010 | €142,110 | +€106,100 | +294.6% |
| Amounts payable within one year | 42/48 | €34,514 | €140,167 | +€105,653 | +306.1% |
| Financial debts | 43 | €2,543 | €2,533 | -€11 | -0.4% |
| Credit institutions | 430/8 | €2,543 | €2,533 | -€11 | -0.4% |
| Trade debts | 44 | €1,463 | €2,215 | +€752 | +51.4% |
| Suppliers | 440/4 | €1,463 | €2,215 | +€752 | +51.4% |
| Taxes, remuneration and social security | 45 | €7,624 | €8,366 | +€742 | +9.7% |
| Taxes | 450/3 | €7,624 | €8,366 | +€742 | +9.7% |
| Other amounts payable | 47/48 | €22,884 | €127,053 | +€104,169 | +455.2% |
| Accrued charges and deferred income | 492/3 | €1,496 | €1,943 | +€447 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,742 | €2,514 | -€227 | -8.3% |
| Other operating charges | 640/8 | €688 | €823 | +€135 | +19.7% |
| Gross operating margin | 9900 | €78,037 | €83,656 | +€5,619 | +7.2% |
| Operating profit (loss) | 9901 | €74,607 | €80,318 | +€5,711 | +7.7% |
| Financial income | 75/76B | €101 | €1,748 | +€1,647 | +1634.7% |
| Recurring financial income | 75 | €101 | €1,748 | +€1,647 | +1634.7% |
| Financial charges | 65/66B | €1,998 | €2,200 | +€201 | +10.1% |
| Recurring financial charges | 65 | €1,998 | €2,200 | +€201 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €72,710 | €79,866 | +€7,157 | +9.8% |
| Income taxes | 67/77 | €15,111 | €16,393 | +€1,282 | +8.5% |
| Profit (loss) for the period | 9904 | €57,599 | €63,474 | +€5,874 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,599 | €63,474 | +€5,874 | +10.2% |
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 9 October 2026 via checked.be.