VJ SECURITY: 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 SECURITY
Largest movements
- Receivables within one year +€16,914
up €16,914 (+361.5%), from €4,678 to €21,592
of which Trade receivables: +€18,047
- Cash -€948
down €948 (-92.3%), from €1,027 to €79
mainly Receivables within one year (-€16,914) and Net result for the year (-€6,395)
- Deferred charges and accrued income -€272
no longer reported in 2025 (was €272)
- Trade debts +€16,986
up €16,986 (+327.1%), from €5,193 to €22,180
- Profit (loss) carried forward -€6,395
down €6,395 (-194.5%), from -€3,288 to -€9,682
- Other debts +€4,350
up €4,350 (+210.0%), from €2,072 to €6,422
- Tax, wage and social debts +€752
new in 2025: €752
- Gross operating margin -€3,727
down €3,727 (-173.2%), from -€2,152 to -€5,879
- Other operating charges -€647
down €647 (-58.5%), from €1,106 to €459
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 | €5,977 | €21,671 | +€15,694 | +262.6% |
| Current assets | 29/58 | €5,977 | €21,671 | +€15,694 | +262.6% |
| Amounts receivable within one year | 40/41 | €4,678 | €21,592 | +€16,914 | +361.5% |
| Trade receivables | 40 | €3,545 | €21,592 | +€18,047 | +509.0% |
| Other amounts receivable | 41 | €1,133 | - | -€1,133 | |
| Cash at bank and in hand | 54/58 | €1,027 | €79 | -€948 | -92.3% |
| Deferred charges and accrued income | 490/1 | €272 | - | -€272 | |
| Total equity and liabilities | 10/49 | €5,977 | €21,671 | +€15,694 | +262.6% |
| Equity | 10/15 | -€1,288 | -€7,682 | -€6,395 | -496.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,288 | -€9,682 | -€6,395 | -194.5% |
| Amounts payable | 17/49 | €7,265 | €29,354 | +€22,089 | +304.0% |
| Amounts payable within one year | 42/48 | €7,265 | €29,354 | +€22,089 | +304.0% |
| Trade debts | 44 | €5,193 | €22,180 | +€16,986 | +327.1% |
| Suppliers | 440/4 | €5,193 | €22,180 | +€16,986 | +327.1% |
| Taxes, remuneration and social security | 45 | - | €752 | +€752 | |
| Taxes | 450/3 | - | €752 | +€752 | |
| Other amounts payable | 47/48 | €2,072 | €6,422 | +€4,350 | +210.0% |
| Other operating charges | 640/8 | €1,106 | €459 | -€647 | -58.5% |
| Gross operating margin | 9900 | -€2,152 | -€5,879 | -€3,727 | -173.2% |
| Operating profit (loss) | 9901 | -€3,258 | -€6,338 | -€3,080 | -94.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €30 | €57 | +€28 | +92.4% |
| Recurring financial charges | 65 | €30 | €57 | +€28 | +92.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,288 | -€6,395 | -€3,107 | -94.5% |
| Profit (loss) for the period | 9904 | -€3,288 | -€6,395 | -€3,107 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,288 | -€6,395 | -€3,107 | -94.5% |
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.