VJ CONSULT: 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.
VJ CONSULT
Largest movements
- Financial fixed assets +€101,797
up €101,797 (+505.0%), from €20,159 to €121,956
- Receivables within one year +€7,814
up €7,814 (+651.2%), from €1,200 to €9,014
- Cash +€7,155
up €7,155 (+104.7%), from €6,830 to €13,985
mainly Debts after one year (+€62,979) and Net result for the year (+€20,699)
- Debts after one year +€62,979
new in 2025: €62,979
- Reserves +€19,866
up €19,866 (+165.7%), from €11,987 to €31,853
- Current portion of long-term debt +€17,223
new in 2025: €17,223
- Tax, wage and social debts +€13,825
up €13,825 (+890.4%), from €1,553 to €15,377
of which Taxes: +€11,525
- Trade debts +€2,291
new in 2025: €2,291
- Gross operating margin +€27,090
up €27,090 (+520.1%), from €5,208 to €32,298
- Taxes +€6,835
up €6,835 (+298.8%), from €2,287 to €9,123
- Staff costs +€2,796
new in 2025: €2,796
- Financial charges +€2,563
up €2,563 (+5893.0%), from €44 to €2,607
- Other operating charges +€466
new in 2025: €466
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 | €29,372 | €145,281 | +€115,909 | +394.6% |
| Fixed assets | 21/28 | €21,342 | €122,282 | +€100,940 | +473.0% |
| Tangible fixed assets | 22/27 | €1,183 | €327 | -€857 | -72.4% |
| Furniture and vehicles | 24 | €1,183 | €327 | -€857 | -72.4% |
| Financial fixed assets | 28 | €20,159 | €121,956 | +€101,797 | +505.0% |
| Current assets | 29/58 | €8,030 | €22,999 | +€14,969 | +186.4% |
| Amounts receivable within one year | 40/41 | €1,200 | €9,014 | +€7,814 | +651.2% |
| Trade receivables | 40 | €1,200 | €9,014 | +€7,814 | +651.2% |
| Cash at bank and in hand | 54/58 | €6,830 | €13,985 | +€7,155 | +104.7% |
| Total equity and liabilities | 10/49 | €29,372 | €145,281 | +€115,909 | +394.6% |
| Equity | 10/15 | €14,987 | €34,853 | +€19,866 | +132.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,987 | €31,853 | +€19,866 | +165.7% |
| Distributable reserves | 133 | €11,987 | €31,853 | +€19,866 | +165.7% |
| Amounts payable | 17/49 | €14,386 | €110,428 | +€96,043 | +667.6% |
| Amounts payable after more than one year | 17 | - | €62,979 | +€62,979 | |
| Other amounts payable | 178/9 | - | €62,979 | +€62,979 | |
| Amounts payable within one year | 42/48 | €14,386 | €47,449 | +€33,064 | +229.8% |
| Current portion of amounts payable after more than one year | 42 | - | €17,223 | +€17,223 | |
| Trade debts | 44 | - | €2,291 | +€2,291 | |
| Suppliers | 440/4 | - | €2,291 | +€2,291 | |
| Taxes, remuneration and social security | 45 | €1,553 | €15,377 | +€13,825 | +890.4% |
| Taxes | 450/3 | €1,553 | €13,077 | +€11,525 | +742.3% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €12,833 | €12,558 | -€275 | -2.1% |
| Remuneration, social security and pensions | 62 | - | €2,796 | +€2,796 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €857 | €857 | = | 0.0% |
| Other operating charges | 640/8 | - | €466 | +€466 | |
| Gross operating margin | 9900 | €5,208 | €32,298 | +€27,090 | +520.1% |
| Operating profit (loss) | 9901 | €4,352 | €28,179 | +€23,827 | +547.5% |
| Financial income | 75/76B | €4,160 | €4,250 | +€90 | +2.2% |
| Recurring financial income | 75 | €4,160 | €4,250 | +€90 | +2.2% |
| Financial charges | 65/66B | €44 | €2,607 | +€2,563 | +5893.0% |
| Recurring financial charges | 65 | €44 | €2,607 | +€2,563 | +5893.0% |
| Profit (loss) for the period before taxes | 9903 | €8,468 | €29,822 | +€21,354 | +252.2% |
| Income taxes | 67/77 | €2,287 | €9,123 | +€6,835 | +298.8% |
| Profit (loss) for the period | 9904 | €6,181 | €20,699 | +€14,518 | +234.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,181 | €20,699 | +€14,518 | +234.9% |
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 7 October 2026 via checked.be.