Velghe Jonas: 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.
Velghe Jonas
Largest movements
- Tangible fixed assets -€24,760
down €24,760 (-65.0%), from €38,081 to €13,322
of which Furniture and vehicles: -€23,643
- Receivables within one year -€1,422
down €1,422 (-5.9%), from €24,253 to €22,831
of which Trade receivables: -€7,680
- Cash +€768
up €768 (+23.6%), from €3,260 to €4,028
mainly Investment in fixed assets (net) (+€20,469) and Depreciation (+€4,291)
- Debts after one year -€17,109
down €17,109 (-100%), from €17,109 to €0
- Current portion of long-term debt -€4,538
down €4,538 (-100%), from €4,538 to €0
- Profit (loss) carried forward -€2,212
down €2,212 (-5.8%), from €37,886 to €35,674
- Other debts -€955
down €955 (-100%), from €955 to €0
- Gross operating margin -€4,717
down €4,717 (-34.3%), from €13,756 to €9,039
- Depreciation -€2,537
down €2,537 (-37.2%), from €6,828 to €4,291
- Taxes -€2,088
down €2,088 (-91.6%), from €2,280 to €192
- Financial charges +€781
up €781 (+120%), from €651 to €1,433
- Financial income +€349
up €349, from €0 to €349
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 | €67,237 | €41,829 | -€25,408 | -37.8% |
| Fixed assets | 21/28 | €38,081 | €13,322 | -€24,760 | -65.0% |
| Tangible fixed assets | 22/27 | €38,081 | €13,322 | -€24,760 | -65.0% |
| Plant, machinery and equipment | 23 | €11,242 | €10,126 | -€1,116 | -9.9% |
| Furniture and vehicles | 24 | €26,839 | €3,196 | -€23,643 | -88.1% |
| Current assets | 29/58 | €29,155 | €28,507 | -€648 | -2.2% |
| Amounts receivable within one year | 40/41 | €24,253 | €22,831 | -€1,422 | -5.9% |
| Trade receivables | 40 | €22,532 | €14,853 | -€7,680 | -34.1% |
| Other amounts receivable | 41 | €1,720 | €7,978 | +€6,257 | +364% |
| Cash at bank and in hand | 54/58 | €3,260 | €4,028 | +€768 | +23.6% |
| Deferred charges and accrued income | 490/1 | €1,643 | €1,649 | +€6 | +0.4% |
| Total equity and liabilities | 10/49 | €67,237 | €41,829 | -€25,408 | -37.8% |
| Equity | 10/15 | €40,386 | €38,174 | -€2,212 | -5.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,886 | €35,674 | -€2,212 | -5.8% |
| Amounts payable | 17/49 | €26,851 | €3,654 | -€23,196 | -86.4% |
| Amounts payable after more than one year | 17 | €17,109 | €0 | -€17,109 | -100% |
| Financial debts | 170/4 | €17,109 | €0 | -€17,109 | -100% |
| Amounts payable within one year | 42/48 | €9,612 | €3,525 | -€6,087 | -63.3% |
| Current portion of amounts payable after more than one year | 42 | €4,538 | €0 | -€4,538 | -100% |
| Trade debts | 44 | €4,119 | €3,525 | -€594 | -14.4% |
| Suppliers | 440/4 | €4,119 | €3,525 | -€594 | -14.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €955 | €0 | -€955 | -100% |
| Accrued charges and deferred income | 492/3 | €129 | €129 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,828 | €4,291 | -€2,537 | -37.2% |
| Other operating charges | 640/8 | €654 | €925 | +€271 | +41.4% |
| Non-recurring operating charges | 66A | €451 | €4,760 | +€4,309 | +955% |
| Gross operating margin | 9900 | €13,756 | €9,039 | -€4,717 | -34.3% |
| Operating profit (loss) | 9901 | €5,823 | -€936 | -€6,759 | |
| Financial income | 75/76B | €0 | €349 | +€349 | |
| Recurring financial income | 75 | €0 | €349 | +€349 | |
| Financial charges | 65/66B | €651 | €1,433 | +€781 | +120% |
| Recurring financial charges | 65 | €651 | €1,433 | +€781 | +120% |
| Profit (loss) for the period before taxes | 9903 | €5,172 | -€2,020 | -€7,192 | |
| Income taxes | 67/77 | €2,280 | €192 | -€2,088 | -91.6% |
| Profit (loss) for the period | 9904 | €2,892 | -€2,212 | -€5,104 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,892 | -€2,212 | -€5,104 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.