VJB CONSTRUCT: 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.
VJB CONSTRUCT
Largest movements
- Tangible fixed assets -€136,170
down €136,170 (-45.3%), from €300,515 to €164,346
of which Land and buildings: -€135,997
- Cash +€120,705
up €120,705 (+24357.7%), from €496 to €121,200
mainly Net result for the year (+€203,689) and Investment in fixed assets (net) (+€135,997)
- Debts after one year -€210,563
down €210,563 (-39.1%), from €538,166 to €327,603
of which Other amounts payable: -€192,591
- Profit (loss) carried forward +€203,689
up €203,689 (+77.2%), from -€263,871 to -€60,182
- Current portion of long-term debt -€5,903
down €5,903 (-100.0%), from €5,903 to €0
- Gross operating margin +€230,339
up €230,339, from -€11,275 to €219,064
- Depreciation -€13,830
down €13,830 (-98.8%), from €14,003 to €173
- Other operating charges +€12,024
up €12,024 (+865.9%), from €1,389 to €13,413
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 | €306,860 | €292,309 | -€14,552 | -4.7% |
| Fixed assets | 21/28 | €300,546 | €164,376 | -€136,170 | -45.3% |
| Tangible fixed assets | 22/27 | €300,515 | €164,346 | -€136,170 | -45.3% |
| Land and buildings | 22 | €300,207 | €164,210 | -€135,997 | -45.3% |
| Plant, machinery and equipment | 23 | €309 | €136 | -€173 | -56.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €6,315 | €127,933 | +€121,618 | +1925.9% |
| Amounts receivable within one year | 40/41 | €5,616 | €5,902 | +€286 | +5.1% |
| Trade receivables | 40 | €5,616 | €5,616 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €286 | +€286 | |
| Cash at bank and in hand | 54/58 | €496 | €121,200 | +€120,705 | +24357.7% |
| Deferred charges and accrued income | 490/1 | €203 | €831 | +€628 | +308.8% |
| Total equity and liabilities | 10/49 | €306,860 | €292,309 | -€14,552 | -4.7% |
| Equity | 10/15 | -€240,313 | -€36,624 | +€203,689 | +84.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,098 | €3,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€263,871 | -€60,182 | +€203,689 | +77.2% |
| Amounts payable | 17/49 | €547,173 | €328,933 | -€218,240 | -39.9% |
| Amounts payable after more than one year | 17 | €538,166 | €327,603 | -€210,563 | -39.1% |
| Financial debts | 170/4 | €17,972 | €0 | -€17,972 | -100.0% |
| Other amounts payable | 178/9 | €520,194 | €327,603 | -€192,591 | -37.0% |
| Amounts payable within one year | 42/48 | €9,007 | €1,330 | -€7,677 | -85.2% |
| Current portion of amounts payable after more than one year | 42 | €5,903 | €0 | -€5,903 | -100.0% |
| Trade debts | 44 | €2,574 | €1,330 | -€1,243 | -48.3% |
| Suppliers | 440/4 | €2,574 | €1,330 | -€1,243 | -48.3% |
| Taxes, remuneration and social security | 45 | €531 | €0 | -€531 | -100.0% |
| Taxes | 450/3 | €531 | €0 | -€531 | -100.0% |
| Non-recurring operating income | 76A | €3,719 | €244,003 | +€240,284 | +6461.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,003 | €173 | -€13,830 | -98.8% |
| Other operating charges | 640/8 | €1,389 | €13,413 | +€12,024 | +865.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€11,275 | €219,064 | +€230,339 | |
| Operating profit (loss) | 9901 | -€26,667 | €205,477 | +€232,144 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +33.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +33.3% |
| Financial charges | 65/66B | €1,675 | €1,789 | +€113 | +6.8% |
| Recurring financial charges | 65 | €1,675 | €1,789 | +€113 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,342 | €203,689 | +€232,031 | |
| Income taxes | 67/77 | €0 | €0 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€28,342 | €203,689 | +€232,031 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,342 | €203,689 | +€232,031 |
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 29 September 2026 via checked.be.