VJA-WERKEN: 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-WERKEN
Largest movements
- Receivables within one year +€10,150
up €10,150 (+167%), from €6,082 to €16,231
of which Trade receivables: +€6,225
- Tangible fixed assets +€9,555
up €9,555 (+49.9%), from €19,133 to €28,687
of which Furniture and vehicles: +€9,393
- Deferred charges and accrued income +€2,271
up €2,271 (+1,938%), from €117 to €2,388
- Reserves +€16,008
up €16,008 (+50.0%), from €32,032 to €48,041
- Trade debts +€5,879
up €5,879 (+587%), from €1,002 to €6,881
- Other debts +€1,914
up €1,914 (+53.3%), from €3,595 to €5,509
- Tax, wage and social debts -€1,250
down €1,250 (-81.6%), from €1,531 to €281
of which Remuneration and social security: -€1,500
- Gross operating margin +€16,928
up €16,928 (+106%), from €16,030 to €32,957
- Taxes +€4,446
up €4,446 (+271%), from €1,641 to €6,087
- Other operating charges -€1,515
down €1,515 (-65.9%), from €2,301 to €785
- Depreciation +€1,108
up €1,108 (+18.0%), from €6,142 to €7,250
- Write-downs +€864
new in 2025: €864
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 | €49,591 | €72,167 | +€22,576 | +45.5% |
| Fixed assets | 21/28 | €19,133 | €28,687 | +€9,555 | +49.9% |
| Tangible fixed assets | 22/27 | €19,133 | €28,687 | +€9,555 | +49.9% |
| Plant, machinery and equipment | 23 | €12,779 | €12,941 | +€162 | +1.3% |
| Furniture and vehicles | 24 | €6,354 | €15,747 | +€9,393 | +148% |
| Current assets | 29/58 | €30,458 | €43,479 | +€13,021 | +42.8% |
| Amounts receivable within one year | 40/41 | €6,082 | €16,231 | +€10,150 | +167% |
| Trade receivables | 40 | €4,671 | €10,897 | +€6,225 | +133% |
| Other amounts receivable | 41 | €1,410 | €5,335 | +€3,925 | +278% |
| Cash at bank and in hand | 54/58 | €24,259 | €24,860 | +€601 | +2.5% |
| Deferred charges and accrued income | 490/1 | €117 | €2,388 | +€2,271 | +1,938% |
| Total equity and liabilities | 10/49 | €49,591 | €72,167 | +€22,576 | +45.5% |
| Equity | 10/15 | €42,838 | €58,847 | +€16,008 | +37.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €32,032 | €48,041 | +€16,008 | +50.0% |
| Distributable reserves | 133 | €32,032 | €48,041 | +€16,008 | +50.0% |
| Profit (loss) carried forward | 14 | €5,806 | €5,806 | = | 0.0% |
| Amounts payable | 17/49 | €6,752 | €13,320 | +€6,568 | +97.3% |
| Amounts payable within one year | 42/48 | €6,129 | €13,320 | +€7,191 | +117% |
| Trade debts | 44 | €1,002 | €6,881 | +€5,879 | +587% |
| Suppliers | 440/4 | €1,002 | €6,881 | +€5,879 | +587% |
| Advances received on contracts in progress | 46 | - | €648 | +€648 | |
| Taxes, remuneration and social security | 45 | €1,531 | €281 | -€1,250 | -81.6% |
| Taxes | 450/3 | €31 | €281 | +€250 | +794% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €3,595 | €5,509 | +€1,914 | +53.3% |
| Accrued charges and deferred income | 492/3 | €624 | - | -€624 | |
| Non-recurring operating income | 76A | - | €7,351 | +€7,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,142 | €7,250 | +€1,108 | +18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €864 | +€864 | |
| Other operating charges | 640/8 | €2,301 | €785 | -€1,515 | -65.9% |
| Non-recurring operating charges | 66A | - | €1,662 | +€1,662 | |
| Gross operating margin | 9900 | €16,030 | €32,957 | +€16,928 | +106% |
| Operating profit (loss) | 9901 | €7,587 | €22,396 | +€14,809 | +195% |
| Financial income | 75/76B | €2 | €241 | +€239 | +10,895% |
| Recurring financial income | 75 | €2 | €241 | +€239 | +10,895% |
| Financial charges | 65/66B | €142 | €541 | +€399 | +282% |
| Recurring financial charges | 65 | €142 | €541 | +€399 | +282% |
| Profit (loss) for the period before taxes | 9903 | €7,448 | €22,096 | +€14,648 | +197% |
| Income taxes | 67/77 | €1,641 | €6,087 | +€4,446 | +271% |
| Profit (loss) for the period | 9904 | €5,806 | €16,008 | +€10,202 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €5,806 | €16,008 | +€10,202 | +176% |
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 28 October 2026 via checked.be.