VJA: 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.
VJA
Largest movements
- Cash -€7,945
down €7,945 (-79.3%), from €10,020 to €2,075
mainly Receivables within one year (-€6,157) and Other debts (-€5,980)
- Receivables within one year +€6,157
up €6,157 (+46.3%), from €13,310 to €19,467
of which Other amounts receivable: +€19,467
- Tangible fixed assets -€4,977
down €4,977 (-61.8%), from €8,059 to €3,082
of which Furniture and vehicles: -€2,823
- Other debts -€5,980
down €5,980 (-98.9%), from €6,044 to €64
- Tax, wage and social debts -€3,309
down €3,309 (-93.0%), from €3,559 to €250
- Reserves +€1,713
up €1,713 (+19.8%), from €8,642 to €10,355
- Trade debts +€852
up €852 (+67.0%), from €1,273 to €2,126
- Gross operating margin -€6,845
down €6,845 (-50.4%), from €13,578 to €6,733
- Staff costs -€3,232
no longer reported in 2025 (was €3,232)
- Taxes -€3,176
down €3,176, from €2,146 to -€1,029
- Depreciation -€853
down €853 (-14.6%), from €5,830 to €4,977
- Other operating charges -€291
down €291 (-24.0%), from €1,213 to €923
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 | €31,918 | €25,195 | -€6,724 | -21.1% |
| Fixed assets | 21/28 | €8,309 | €3,332 | -€4,977 | -59.9% |
| Tangible fixed assets | 22/27 | €8,059 | €3,082 | -€4,977 | -61.8% |
| Plant, machinery and equipment | 23 | €1,607 | €769 | -€838 | -52.2% |
| Furniture and vehicles | 24 | €3,178 | €355 | -€2,823 | -88.8% |
| Other tangible fixed assets | 26 | €3,274 | €1,959 | -€1,316 | -40.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €23,609 | €21,863 | -€1,747 | -7.4% |
| Amounts receivable within one year | 40/41 | €13,310 | €19,467 | +€6,157 | +46.3% |
| Trade receivables | 40 | €13,310 | - | -€13,310 | |
| Other amounts receivable | 41 | - | €19,467 | +€19,467 | |
| Cash at bank and in hand | 54/58 | €10,020 | €2,075 | -€7,945 | -79.3% |
| Deferred charges and accrued income | 490/1 | €280 | €321 | +€42 | +14.9% |
| Total equity and liabilities | 10/49 | €31,918 | €25,195 | -€6,724 | -21.1% |
| Equity | 10/15 | €21,042 | €22,755 | +€1,713 | +8.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,642 | €10,355 | +€1,713 | +19.8% |
| Distributable reserves | 133 | €8,642 | €10,355 | +€1,713 | +19.8% |
| Amounts payable | 17/49 | €10,876 | €2,439 | -€8,437 | -77.6% |
| Amounts payable within one year | 42/48 | €10,876 | €2,439 | -€8,437 | -77.6% |
| Trade debts | 44 | €1,273 | €2,126 | +€852 | +67.0% |
| Suppliers | 440/4 | €1,273 | €2,126 | +€852 | +67.0% |
| Taxes, remuneration and social security | 45 | €3,559 | €250 | -€3,309 | -93.0% |
| Taxes | 450/3 | €3,559 | €250 | -€3,309 | -93.0% |
| Other amounts payable | 47/48 | €6,044 | €64 | -€5,980 | -98.9% |
| Remuneration, social security and pensions | 62 | €3,232 | - | -€3,232 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,830 | €4,977 | -€853 | -14.6% |
| Other operating charges | 640/8 | €1,213 | €923 | -€291 | -24.0% |
| Gross operating margin | 9900 | €13,578 | €6,733 | -€6,845 | -50.4% |
| Operating profit (loss) | 9901 | €3,302 | €833 | -€2,469 | -74.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €144 | €150 | +€6 | +3.9% |
| Recurring financial charges | 65 | €144 | €150 | +€6 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €3,158 | €684 | -€2,474 | -78.3% |
| Income taxes | 67/77 | €2,146 | -€1,029 | -€3,176 | |
| Profit (loss) for the period | 9904 | €1,012 | €1,713 | +€701 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,012 | €1,713 | +€701 | +69.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.