VELJY: 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.
VELJY
Largest movements
- Current investments -€20,002
down €20,002 (-4.4%), from €450,000 to €429,998
- Tax, wage and social debts -€12,090
down €12,090 (-100.0%), from €12,090 to €0
- Gross operating margin -€303,457
down €303,457, from €301,271 to -€2,186
- Taxes -€73,016
down €73,016 (-99.4%), from €73,437 to €422
- Other operating charges -€18,783
down €18,783 (-92.1%), from €20,387 to €1,604
- Financial income -€7,012
down €7,012 (-54.4%), from €12,888 to €5,876
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 | €727,122 | €711,539 | -€15,583 | -2.1% |
| Fixed assets | 21/28 | €269,209 | €274,480 | +€5,271 | +2.0% |
| Tangible fixed assets | 22/27 | €269,209 | €274,480 | +€5,271 | +2.0% |
| Land and buildings | 22 | €269,209 | €274,480 | +€5,271 | +2.0% |
| Current assets | 29/58 | €457,913 | €437,060 | -€20,854 | -4.6% |
| Amounts receivable within one year | 40/41 | €2,035 | €4,680 | +€2,645 | +130.0% |
| Other amounts receivable | 41 | €2,035 | €4,680 | +€2,645 | +130.0% |
| Current investments | 50/53 | €450,000 | €429,998 | -€20,002 | -4.4% |
| Cash at bank and in hand | 54/58 | €5,878 | €2,382 | -€3,497 | -59.5% |
| Total equity and liabilities | 10/49 | €727,122 | €711,539 | -€15,583 | -2.1% |
| Equity | 10/15 | €708,450 | €709,354 | +€903 | +0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €426,639 | €427,543 | +€903 | +0.2% |
| Distributable reserves | 133 | €426,639 | €427,543 | +€903 | +0.2% |
| Profit (loss) carried forward | 14 | €220,311 | €220,311 | = | 0.0% |
| Amounts payable | 17/49 | €18,672 | €2,186 | -€16,486 | -88.3% |
| Amounts payable within one year | 42/48 | €18,672 | €2,186 | -€16,486 | -88.3% |
| Trade debts | 44 | €1,308 | €2,186 | +€878 | +67.1% |
| Suppliers | 440/4 | €1,308 | €2,186 | +€878 | +67.1% |
| Taxes, remuneration and social security | 45 | €12,090 | €0 | -€12,090 | -100.0% |
| Taxes | 450/3 | €12,090 | €0 | -€12,090 | -100.0% |
| Other amounts payable | 47/48 | €5,274 | €0 | -€5,274 | -100.0% |
| Non-recurring operating income | 76A | €306,399 | €0 | -€306,399 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €737 | +€737 | |
| Other operating charges | 640/8 | €20,387 | €1,604 | -€18,783 | -92.1% |
| Gross operating margin | 9900 | €301,271 | -€2,186 | -€303,457 | |
| Operating profit (loss) | 9901 | €280,884 | -€4,527 | -€285,411 | |
| Financial income | 75/76B | €12,888 | €5,876 | -€7,012 | -54.4% |
| Recurring financial income | 75 | €12,888 | €5,876 | -€7,012 | -54.4% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €293,748 | €1,325 | -€292,423 | -99.5% |
| Income taxes | 67/77 | €73,437 | €422 | -€73,016 | -99.4% |
| Profit (loss) for the period | 9904 | €220,311 | €903 | -€219,408 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €220,311 | €903 | -€219,408 | -99.6% |
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 12 October 2026 via checked.be.