VJP SERVICES: 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.
VJP SERVICES
Largest movements
- Receivables within one year +€104,502
up €104,502 (+318.4%), from €32,819 to €137,321
of which Other amounts receivable: +€81,892
- Cash +€67,304
up €67,304 (+132.9%), from €50,640 to €117,944
mainly Net result for the year (+€212,024) and Tax, wage and social debts (+€84,207)
- Reserves +€210,000
up €210,000 (+103.9%), from €202,209 to €412,209
of which Distributable reserves: +€210,000
- Debts after one year -€158,124
down €158,124 (-16.0%), from €988,620 to €830,496
- Tax, wage and social debts +€84,207
up €84,207 (+74.9%), from €112,465 to €196,672
of which Taxes: +€80,945
- Provisions +€33,271
new in 2025: €33,271
- Other debts -€26,261
down €26,261 (-98.1%), from €26,781 to €520
- Gross operating margin +€91,160
up €91,160 (+24.9%), from €366,686 to €457,846
- Provisions +€33,271
new in 2025: €33,271
- Staff costs +€27,235
new in 2025: €27,235
- Taxes +€17,237
up €17,237 (+16.4%), from €105,342 to €122,579
- Other operating charges +€6,711
up €6,711 (+361.8%), from €1,855 to €8,566
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 | €1,518,073 | €1,678,736 | +€160,663 | +10.6% |
| Fixed assets | 21/28 | €1,434,613 | €1,421,115 | -€13,498 | -0.9% |
| Tangible fixed assets | 22/27 | €34,613 | €21,017 | -€13,596 | -39.3% |
| Furniture and vehicles | 24 | €13,179 | €2,006 | -€11,173 | -84.8% |
| Other tangible fixed assets | 26 | €21,433 | €19,011 | -€2,422 | -11.3% |
| Financial fixed assets | 28 | €1,400,000 | €1,400,098 | +€98 | 0.0% |
| Current assets | 29/58 | €83,460 | €257,621 | +€174,161 | +208.7% |
| Amounts receivable within one year | 40/41 | €32,819 | €137,321 | +€104,502 | +318.4% |
| Trade receivables | 40 | €32,384 | €54,993 | +€22,609 | +69.8% |
| Other amounts receivable | 41 | €436 | €82,328 | +€81,892 | +18791.7% |
| Cash at bank and in hand | 54/58 | €50,640 | €117,944 | +€67,304 | +132.9% |
| Deferred charges and accrued income | 490/1 | - | €2,356 | +€2,356 | |
| Total equity and liabilities | 10/49 | €1,518,073 | €1,678,736 | +€160,663 | +10.6% |
| Equity | 10/15 | €230,663 | €442,687 | +€212,024 | +91.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,209 | €412,209 | +€210,000 | +103.9% |
| Non-distributable reserves | 130/1 | €2,209 | €2,209 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €2,209 | €2,209 | -€0 | 0.0% |
| Distributable reserves | 133 | €200,000 | €410,000 | +€210,000 | +105.0% |
| Profit (loss) carried forward | 14 | €9,854 | €11,878 | +€2,024 | +20.5% |
| Provisions and deferred taxes | 16 | - | €33,271 | +€33,271 | |
| Provisions for liabilities and charges | 160/5 | - | €33,271 | +€33,271 | |
| Other liabilities and charges | 164/5 | - | €33,271 | +€33,271 | |
| Amounts payable | 17/49 | €1,287,409 | €1,202,778 | -€84,631 | -6.6% |
| Amounts payable after more than one year | 17 | €988,620 | €830,496 | -€158,124 | -16.0% |
| Financial debts | 170/4 | €988,620 | €830,496 | -€158,124 | -16.0% |
| Amounts payable within one year | 42/48 | €298,789 | €372,282 | +€73,493 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €159,543 | €166,932 | +€7,389 | +4.6% |
| Trade debts | 44 | - | €8,158 | +€8,158 | |
| Suppliers | 440/4 | - | €8,158 | +€8,158 | |
| Taxes, remuneration and social security | 45 | €112,465 | €196,672 | +€84,207 | +74.9% |
| Taxes | 450/3 | €112,465 | €193,410 | +€80,945 | +72.0% |
| Remuneration and social security | 454/9 | - | €3,262 | +€3,262 | |
| Other amounts payable | 47/48 | €26,781 | €520 | -€26,261 | -98.1% |
| Remuneration, social security and pensions | 62 | - | €27,235 | +€27,235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,894 | €2,858 | -€36 | -1.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €33,271 | +€33,271 | |
| Other operating charges | 640/8 | €1,855 | €8,566 | +€6,711 | +361.8% |
| Gross operating margin | 9900 | €366,686 | €457,846 | +€91,160 | +24.9% |
| Operating profit (loss) | 9901 | €361,937 | €385,916 | +€23,979 | +6.6% |
| Financial income | 75/76B | €0 | €1,915 | +€1,915 | +4787400.0% |
| Recurring financial income | 75 | €0 | €1,915 | +€1,915 | +4787400.0% |
| Financial charges | 65/66B | €46,990 | €53,228 | +€6,238 | +13.3% |
| Recurring financial charges | 65 | €46,990 | €53,228 | +€6,238 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €314,947 | €334,603 | +€19,656 | +6.2% |
| Income taxes | 67/77 | €105,342 | €122,579 | +€17,237 | +16.4% |
| Profit (loss) for the period | 9904 | €209,605 | €212,024 | +€2,419 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €209,605 | €212,024 | +€2,419 | +1.2% |
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 4 October 2026 via checked.be.