VIJO: 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.
VIJO
Largest movements
- Cash -€42,059
down €42,059 (-59.7%), from €70,465 to €28,407
mainly Other debts (-€32,558) and Investment in fixed assets (net) (-€18,380)
- Tangible fixed assets -€13,379
down €13,379 (-17.3%), from €77,505 to €64,126
of which Leasing and similar rights: -€16,292
- Deferred charges and accrued income +€1,793
up €1,793 (+20.2%), from €8,883 to €10,676
- Other debts -€32,558
down €32,558 (-24.2%), from €134,512 to €101,954
- Debts after one year -€9,775
no longer reported in 2025 (was €9,775)
- Current portion of long-term debt -€7,169
down €7,169 (-45.8%), from €15,640 to €8,471
- Profit (loss) carried forward -€4,314
new in 2025: -€4,314
- Gross operating margin -€13,143
down €13,143 (-29.0%), from €45,261 to €32,118
- Depreciation +€9,865
up €9,865 (+45.1%), from €21,894 to €31,759
- Taxes -€3,475
down €3,475 (-94.9%), from €3,663 to €188
- Financial charges +€773
up €773 (+128.3%), from €602 to €1,375
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 | €173,541 | €119,530 | -€54,010 | -31.1% |
| Fixed assets | 21/28 | €77,505 | €64,126 | -€13,379 | -17.3% |
| Tangible fixed assets | 22/27 | €77,505 | €64,126 | -€13,379 | -17.3% |
| Land and buildings | 22 | €2,001 | €1,774 | -€227 | -11.3% |
| Plant, machinery and equipment | 23 | €3,750 | €8,374 | +€4,624 | +123.3% |
| Furniture and vehicles | 24 | €47,316 | €45,832 | -€1,484 | -3.1% |
| Leasing and similar rights | 25 | €24,437 | €8,146 | -€16,292 | -66.7% |
| Current assets | 29/58 | €96,036 | €55,404 | -€40,632 | -42.3% |
| Amounts receivable within one year | 40/41 | €16,687 | €16,322 | -€366 | -2.2% |
| Trade receivables | 40 | €1,755 | €11,322 | +€9,567 | +545.3% |
| Other amounts receivable | 41 | €14,933 | €5,000 | -€9,933 | -66.5% |
| Cash at bank and in hand | 54/58 | €70,465 | €28,407 | -€42,059 | -59.7% |
| Deferred charges and accrued income | 490/1 | €8,883 | €10,676 | +€1,793 | +20.2% |
| Total equity and liabilities | 10/49 | €173,541 | €119,530 | -€54,010 | -31.1% |
| Equity | 10/15 | €5,000 | €686 | -€4,314 | -86.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,314 | -€4,314 | |
| Amounts payable | 17/49 | €168,541 | €118,845 | -€49,696 | -29.5% |
| Amounts payable after more than one year | 17 | €9,775 | - | -€9,775 | |
| Financial debts | 170/4 | €9,775 | - | -€9,775 | |
| Amounts payable within one year | 42/48 | €158,766 | €118,845 | -€39,922 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €15,640 | €8,471 | -€7,169 | -45.8% |
| Trade debts | 44 | €2,516 | €2,540 | +€24 | +0.9% |
| Suppliers | 440/4 | €2,516 | €2,540 | +€24 | +0.9% |
| Taxes, remuneration and social security | 45 | €6,098 | €5,879 | -€219 | -3.6% |
| Taxes | 450/3 | €6,098 | €5,879 | -€219 | -3.6% |
| Other amounts payable | 47/48 | €134,512 | €101,954 | -€32,558 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,894 | €31,759 | +€9,865 | +45.1% |
| Other operating charges | 640/8 | €3,454 | €3,310 | -€144 | -4.2% |
| Gross operating margin | 9900 | €45,261 | €32,118 | -€13,143 | -29.0% |
| Operating profit (loss) | 9901 | €19,914 | -€2,951 | -€22,865 | |
| Financial income | 75/76B | €5 | €200 | +€195 | +3704.2% |
| Recurring financial income | 75 | €5 | €200 | +€195 | +3704.2% |
| Financial charges | 65/66B | €602 | €1,375 | +€773 | +128.3% |
| Recurring financial charges | 65 | €602 | €1,375 | +€773 | +128.3% |
| Profit (loss) for the period before taxes | 9903 | €19,316 | -€4,126 | -€23,442 | |
| Income taxes | 67/77 | €3,663 | €188 | -€3,475 | -94.9% |
| Profit (loss) for the period | 9904 | €15,653 | -€4,314 | -€19,967 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,653 | -€4,314 | -€19,967 |
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 8 October 2026 via checked.be.