VJM LODGING: 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.
VJM LODGING
Largest movements
- Stocks and contracts +€305,463
up €305,463 (+67.6%), from €451,775 to €757,239
- Other debts +€254,379
up €254,379 (+1,003%), from €25,352 to €279,732
- Short-term financial debts +€67,521
up €67,521 (+16.8%), from €402,479 to €470,000
- Profit (loss) carried forward -€21,922
down €21,922 (-440%), from -€4,979 to -€26,901
- Financial charges +€14,252
up €14,252 (+1,270%), from €1,122 to €15,373
- Gross operating margin -€3,493
down €3,493 (-216%), from -€1,620 to -€5,112
- Other operating charges -€801
down €801 (-35.8%), from €2,237 to €1,436
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 | €452,310 | €758,875 | +€306,565 | +67.8% |
| Current assets | 29/58 | €452,310 | €758,875 | +€306,565 | +67.8% |
| Stocks and contracts in progress | 3 | €451,775 | €757,239 | +€305,463 | +67.6% |
| Stocks | 30/36 | €451,775 | €757,239 | +€305,463 | +67.6% |
| Cash at bank and in hand | 54/58 | €535 | €1,636 | +€1,101 | +206% |
| Total equity and liabilities | 10/49 | €452,310 | €758,875 | +€306,565 | +67.8% |
| Equity | 10/15 | €20,021 | -€1,901 | -€21,922 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,979 | -€26,901 | -€21,922 | -440% |
| Amounts payable | 17/49 | €432,289 | €760,776 | +€328,487 | +76.0% |
| Amounts payable within one year | 42/48 | €432,289 | €760,486 | +€328,197 | +75.9% |
| Financial debts | 43 | €402,479 | €470,000 | +€67,521 | +16.8% |
| Credit institutions | 430/8 | €402,479 | €470,000 | +€67,521 | +16.8% |
| Trade debts | 44 | €4,458 | €10,754 | +€6,296 | +141% |
| Suppliers | 440/4 | €4,458 | €10,754 | +€6,296 | +141% |
| Other amounts payable | 47/48 | €25,352 | €279,732 | +€254,379 | +1,003% |
| Accrued charges and deferred income | 492/3 | - | €290 | +€290 | |
| Other operating charges | 640/8 | €2,237 | €1,436 | -€801 | -35.8% |
| Gross operating margin | 9900 | -€1,620 | -€5,112 | -€3,493 | -216% |
| Operating profit (loss) | 9901 | -€3,857 | -€6,549 | -€2,692 | -69.8% |
| Financial charges | 65/66B | €1,122 | €15,373 | +€14,252 | +1,270% |
| Recurring financial charges | 65 | €1,122 | €15,373 | +€14,252 | +1,270% |
| Profit (loss) for the period before taxes | 9903 | -€4,979 | -€21,922 | -€16,944 | -340% |
| Profit (loss) for the period | 9904 | -€4,979 | -€21,922 | -€16,944 | -340% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,979 | -€21,922 | -€16,944 | -340% |
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 22 October 2026 via checked.be.