VJ INDUSTREET: 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.
VJ INDUSTREET
Largest movements
- Intangible fixed assets -€5,040
down €5,040 (-12.3%), from €41,024 to €35,984
- Cash -€4,602
down €4,602 (-29.5%), from €15,623 to €11,022
mainly Debts after one year (-€12,114) and Trade debts (-€1,934)
- Receivables within one year -€1,281
down €1,281 (-21.5%), from €5,958 to €4,677
- Tangible fixed assets -€721
down €721 (-40.6%), from €1,775 to €1,054
- Debts after one year -€12,114
down €12,114 (-34.9%), from €34,708 to €22,595
- Profit (loss) carried forward +€2,499
up €2,499 (+97.0%), from €2,576 to €5,075
- Trade debts -€1,934
down €1,934 (-79.0%), from €2,449 to €515
- Advances received -€1,127
no longer reported in 2025 (was €1,127)
- Tax, wage and social debts +€766
up €766 (+24.0%), from €3,197 to €3,963
- Gross operating margin -€13,173
down €13,173 (-48.9%), from €26,958 to €13,785
- Other operating charges +€884
up €884 (+132%), from €671 to €1,555
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.
Derived cash bridge
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 | €64,381 | €52,986 | -€11,395 | -17.7% |
| Fixed assets | 21/28 | €42,799 | €37,038 | -€5,761 | -13.5% |
| Intangible fixed assets | 21 | €41,024 | €35,984 | -€5,040 | -12.3% |
| Tangible fixed assets | 22/27 | €1,775 | €1,054 | -€721 | -40.6% |
| Furniture and vehicles | 24 | €1,775 | €1,054 | -€721 | -40.6% |
| Current assets | 29/58 | €21,582 | €15,948 | -€5,634 | -26.1% |
| Amounts receivable within one year | 40/41 | €5,958 | €4,677 | -€1,281 | -21.5% |
| Trade receivables | 40 | €5,958 | €4,677 | -€1,281 | -21.5% |
| Cash at bank and in hand | 54/58 | €15,623 | €11,022 | -€4,602 | -29.5% |
| Deferred charges and accrued income | 490/1 | - | €249 | +€249 | |
| Total equity and liabilities | 10/49 | €64,381 | €52,986 | -€11,395 | -17.7% |
| Equity | 10/15 | €4,576 | €7,075 | +€2,499 | +54.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,576 | €5,075 | +€2,499 | +97.0% |
| Amounts payable | 17/49 | €59,805 | €45,911 | -€13,894 | -23.2% |
| Amounts payable after more than one year | 17 | €34,708 | €22,595 | -€12,114 | -34.9% |
| Financial debts | 170/4 | €34,708 | €22,595 | -€12,114 | -34.9% |
| Amounts payable within one year | 42/48 | €25,096 | €23,316 | -€1,780 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €11,566 | €12,114 | +€547 | +4.7% |
| Trade debts | 44 | €2,449 | €515 | -€1,934 | -79.0% |
| Suppliers | 440/4 | €2,449 | €515 | -€1,934 | -79.0% |
| Advances received on contracts in progress | 46 | €1,127 | - | -€1,127 | |
| Taxes, remuneration and social security | 45 | €3,197 | €3,963 | +€766 | +24.0% |
| Taxes | 450/3 | €3,197 | €3,963 | +€766 | +24.0% |
| Other amounts payable | 47/48 | €6,758 | €6,725 | -€33 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,543 | €5,761 | +€218 | +3.9% |
| Other operating charges | 640/8 | €671 | €1,555 | +€884 | +132% |
| Gross operating margin | 9900 | €26,958 | €13,785 | -€13,173 | -48.9% |
| Operating profit (loss) | 9901 | €20,743 | €6,469 | -€14,274 | -68.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,815 | €2,869 | +€53 | +1.9% |
| Recurring financial charges | 65 | €2,815 | €2,869 | +€53 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €17,928 | €3,601 | -€14,327 | -79.9% |
| Income taxes | 67/77 | €1,015 | €1,102 | +€87 | +8.5% |
| Profit (loss) for the period | 9904 | €16,913 | €2,499 | -€14,414 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,913 | €2,499 | -€14,414 | -85.2% |
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 25 October 2026 via checked.be.