VIJC: what changed
Two fiscal 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.
VIJC
Largest movements
- Receivables within one year +€54,607
up €54,607 (+1009.5%), from €5,409 to €60,016
- Cash +€24,944
up €24,944 (+11.7%), from €212,640 to €237,583
mainly Net result for the year (+€92,141) and Depreciation (+€14,306)
- Tangible fixed assets -€14,306
down €14,306 (-27.3%), from €52,408 to €38,102
of which Furniture and vehicles: -€13,824
- Profit (loss) carried forward +€92,141
up €92,141 (+43.8%), from €210,410 to €302,551
- Debts after one year -€13,017
down €13,017 (-37.6%), from €34,633 to €21,616
- Other debts -€12,630
no longer reported in 2025 (was €12,630)
- Gross operating margin -€7,364
down €7,364 (-5.2%), from €142,095 to €134,731
- Financial income +€4,150
up €4,150 (+285.6%), from €1,453 to €5,603
- Taxes -€1,476
down €1,476 (-4.7%), from €31,591 to €30,115
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 | €273,028 | €339,684 | +€66,656 | +24.4% |
| Fixed assets | 21/28 | €52,408 | €38,102 | -€14,306 | -27.3% |
| Tangible fixed assets | 22/27 | €52,408 | €38,102 | -€14,306 | -27.3% |
| Plant, machinery and equipment | 23 | €1,214 | €731 | -€483 | -39.8% |
| Furniture and vehicles | 24 | €51,194 | €37,370 | -€13,824 | -27.0% |
| Current assets | 29/58 | €220,620 | €301,583 | +€80,963 | +36.7% |
| Amounts receivable within one year | 40/41 | €5,409 | €60,016 | +€54,607 | +1009.5% |
| Other amounts receivable | 41 | €5,409 | €60,016 | +€54,607 | +1009.5% |
| Cash at bank and in hand | 54/58 | €212,640 | €237,583 | +€24,944 | +11.7% |
| Deferred charges and accrued income | 490/1 | €2,571 | €3,983 | +€1,412 | +54.9% |
| Total equity and liabilities | 10/49 | €273,028 | €339,684 | +€66,656 | +24.4% |
| Equity | 10/15 | €212,910 | €305,051 | +€92,141 | +43.3% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €210,410 | €302,551 | +€92,141 | +43.8% |
| Amounts payable | 17/49 | €60,118 | €34,633 | -€25,484 | -42.4% |
| Amounts payable after more than one year | 17 | €34,633 | €21,616 | -€13,017 | -37.6% |
| Financial debts | 170/4 | €34,633 | €21,616 | -€13,017 | -37.6% |
| Amounts payable within one year | 42/48 | €25,484 | €13,017 | -€12,468 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | €12,546 | €13,017 | +€471 | +3.8% |
| Trade debts | 44 | €308 | - | -€308 | |
| Suppliers | 440/4 | €308 | - | -€308 | |
| Other amounts payable | 47/48 | €12,630 | - | -€12,630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,343 | €14,306 | +€963 | +7.2% |
| Other operating charges | 640/8 | €999 | €2,144 | +€1,145 | +114.6% |
| Gross operating margin | 9900 | €142,095 | €134,731 | -€7,364 | -5.2% |
| Operating profit (loss) | 9901 | €127,753 | €118,281 | -€9,472 | -7.4% |
| Financial income | 75/76B | €1,453 | €5,603 | +€4,150 | +285.6% |
| Recurring financial income | 75 | €1,453 | €5,603 | +€4,150 | +285.6% |
| Financial charges | 65/66B | €2,082 | €1,628 | -€455 | -21.8% |
| Recurring financial charges | 65 | €2,082 | €1,628 | -€455 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €127,124 | €122,256 | -€4,868 | -3.8% |
| Income taxes | 67/77 | €31,591 | €30,115 | -€1,476 | -4.7% |
| Profit (loss) for the period | 9904 | €95,533 | €92,141 | -€3,392 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €95,533 | €92,141 | -€3,392 | -3.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.