VLAEJANS: 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.
VLAEJANS
Largest movements
- Receivables within one year +€99,396
up €99,396 (+2.9%), from €3.5m to €3.6m
of which Other amounts receivable: +€93,267
- Other debts +€156,101
up €156,101 (+5.4%), from €2.9m to €3.0m
- Staff costs +€85,337
up €85,337 (+193%), from €44,211 to €129,547
- Taxes -€16,970
down €16,970 (-98.9%), from €17,163 to €193
- Financial charges +€6,471
up €6,471 (+5.9%), from €109,943 to €116,414
- Financial income +€3,512
up €3,512 (+5.3%), from €65,695 to €69,206
- Gross operating margin +€2,828
up €2,828 (+1.6%), from €181,618 to €184,445
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 | €6,408,269 | €6,472,653 | +€64,384 | +1.0% |
| Fixed assets | 21/28 | €2,922,664 | €2,904,663 | -€18,001 | -0.6% |
| Tangible fixed assets | 22/27 | €547,667 | €529,666 | -€18,001 | -3.3% |
| Land and buildings | 22 | €547,667 | €525,667 | -€22,000 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €3,999 | +€3,999 | |
| Financial fixed assets | 28 | €2,374,997 | €2,374,997 | = | 0.0% |
| Current assets | 29/58 | €3,485,605 | €3,567,990 | +€82,384 | +2.4% |
| Amounts receivable within one year | 40/41 | €3,453,006 | €3,552,402 | +€99,396 | +2.9% |
| Trade receivables | 40 | €5,000 | €11,129 | +€6,129 | +123% |
| Other amounts receivable | 41 | €3,448,006 | €3,541,273 | +€93,267 | +2.7% |
| Cash at bank and in hand | 54/58 | €32,599 | €15,588 | -€17,011 | -52.2% |
| Total equity and liabilities | 10/49 | €6,408,269 | €6,472,653 | +€64,384 | +1.0% |
| Equity | 10/15 | €3,280,131 | €3,256,191 | -€23,940 | -0.7% |
| Contributions | 10/11 | €3,220,000 | €3,220,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,131 | €36,191 | -€23,940 | -39.8% |
| Amounts payable | 17/49 | €3,128,138 | €3,216,462 | +€88,324 | +2.8% |
| Amounts payable within one year | 42/48 | €3,128,138 | €3,216,462 | +€88,324 | +2.8% |
| Trade debts | 44 | €210,142 | €154,558 | -€55,585 | -26.5% |
| Suppliers | 440/4 | €210,142 | €154,558 | -€55,585 | -26.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €43,700 | €31,508 | -€12,192 | -27.9% |
| Taxes | 450/3 | €32,015 | €13,881 | -€18,134 | -56.6% |
| Remuneration and social security | 454/9 | €11,685 | €17,627 | +€5,942 | +50.9% |
| Other amounts payable | 47/48 | €2,874,296 | €3,030,397 | +€156,101 | +5.4% |
| Non-recurring operating income | 76A | €894 | €671 | -€224 | -25.0% |
| Remuneration, social security and pensions | 62 | €44,211 | €129,547 | +€85,337 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,612 | €22,748 | +€136 | +0.6% |
| Other operating charges | 640/8 | €10,904 | €8,689 | -€2,215 | -20.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €181,618 | €184,445 | +€2,828 | +1.6% |
| Operating profit (loss) | 9901 | €103,891 | €23,461 | -€80,430 | -77.4% |
| Financial income | 75/76B | €65,695 | €69,206 | +€3,512 | +5.3% |
| Recurring financial income | 75 | €65,695 | €69,206 | +€3,512 | +5.3% |
| Financial charges | 65/66B | €109,943 | €116,414 | +€6,471 | +5.9% |
| Recurring financial charges | 65 | €109,943 | €116,414 | +€6,471 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €59,643 | -€23,747 | -€83,390 | |
| Income taxes | 67/77 | €17,163 | €193 | -€16,970 | -98.9% |
| Profit (loss) for the period | 9904 | €42,480 | -€23,940 | -€66,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,480 | -€23,940 | -€66,420 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.