VIJFR: 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.
VIJFR
Largest movements
- Cash +€169,321
up €169,321 (+238.5%), from €71,008 to €240,328
mainly Net result for the year (+€449,426) and Other debts (+€195,000)
- Receivables within one year +€139,861
up €139,861 (+25.4%), from €550,865 to €690,725
of which Trade receivables: +€147,797
- Other debts +€195,000
up €195,000 (+95.1%), from €205,000 to €400,000
- Profit (loss) carried forward +€49,426
up €49,426 (+18.6%), from €265,551 to €314,977
- Trade debts +€38,536
up €38,536 (+101.9%), from €37,813 to €76,349
- Tax, wage and social debts +€26,606
up €26,606 (+29.2%), from €91,161 to €117,767
- Gross operating margin +€222,149
up €222,149 (+56.1%), from €395,910 to €618,059
- Taxes +€71,625
up €71,625 (+84.0%), from €85,225 to €156,850
- Financial charges -€43,241
down €43,241 (-79.3%), from €54,562 to €11,321
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 | €621,872 | €931,054 | +€309,181 | +49.7% |
| Current assets | 29/58 | €621,872 | €931,054 | +€309,181 | +49.7% |
| Amounts receivable within one year | 40/41 | €550,865 | €690,725 | +€139,861 | +25.4% |
| Trade receivables | 40 | €542,928 | €690,725 | +€147,797 | +27.2% |
| Other amounts receivable | 41 | €7,936 | €0 | -€7,936 | -100.0% |
| Cash at bank and in hand | 54/58 | €71,008 | €240,328 | +€169,321 | +238.5% |
| Total equity and liabilities | 10/49 | €621,872 | €931,054 | +€309,181 | +49.7% |
| Equity | 10/15 | €286,011 | €335,437 | +€49,426 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €265,551 | €314,977 | +€49,426 | +18.6% |
| Amounts payable | 17/49 | €335,861 | €595,617 | +€259,755 | +77.3% |
| Amounts payable within one year | 42/48 | €333,974 | €594,117 | +€260,143 | +77.9% |
| Trade debts | 44 | €37,813 | €76,349 | +€38,536 | +101.9% |
| Suppliers | 440/4 | €37,813 | €76,349 | +€38,536 | +101.9% |
| Taxes, remuneration and social security | 45 | €91,161 | €117,767 | +€26,606 | +29.2% |
| Taxes | 450/3 | €91,161 | €117,767 | +€26,606 | +29.2% |
| Other amounts payable | 47/48 | €205,000 | €400,000 | +€195,000 | +95.1% |
| Accrued charges and deferred income | 492/3 | €1,887 | €1,500 | -€387 | -20.5% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €395,910 | €618,059 | +€222,149 | +56.1% |
| Operating profit (loss) | 9901 | €395,460 | €617,597 | +€222,137 | +56.2% |
| Financial charges | 65/66B | €54,562 | €11,321 | -€43,241 | -79.3% |
| Recurring financial charges | 65 | €54,562 | €11,321 | -€43,241 | -79.3% |
| Profit (loss) for the period before taxes | 9903 | €340,898 | €606,276 | +€265,378 | +77.8% |
| Income taxes | 67/77 | €85,225 | €156,850 | +€71,625 | +84.0% |
| Profit (loss) for the period | 9904 | €255,674 | €449,426 | +€193,752 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €255,674 | €449,426 | +€193,752 | +75.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.