VLAZJELE: 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.
VLAZJELE
Largest movements
- Cash -€6,671
down €6,671 (-3.1%), from €212,099 to €205,428
mainly Net result for the year (-€5,782) and Trade debts (-€1,202)
- Profit (loss) carried forward -€5,782
down €5,782 (-10.6%), from -€54,705 to -€60,488
- Gross operating margin +€5,734
up €5,734 (+64.4%), from -€8,899 to -€3,165
- Other operating charges +€110
up €110 (+4.5%), from €2,439 to €2,548
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 | €330,125 | €323,141 | -€6,984 | -2.1% |
| Current assets | 29/58 | €330,125 | €323,141 | -€6,984 | -2.1% |
| Stocks and contracts in progress | 3 | €115,214 | €115,214 | = | 0.0% |
| Stocks | 30/36 | €115,214 | €115,214 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,812 | €2,499 | -€313 | -11.1% |
| Trade receivables | 40 | €1,053 | €0 | -€1,053 | -100% |
| Other amounts receivable | 41 | €1,759 | €2,499 | +€739 | +42.0% |
| Cash at bank and in hand | 54/58 | €212,099 | €205,428 | -€6,671 | -3.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €330,125 | €323,141 | -€6,984 | -2.1% |
| Equity | 10/15 | €281,536 | €275,753 | -€5,782 | -2.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €276,241 | €276,241 | = | 0.0% |
| Distributable reserves | 133 | €276,241 | €276,241 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,705 | -€60,488 | -€5,782 | -10.6% |
| Amounts payable | 17/49 | €48,590 | €47,388 | -€1,202 | -2.5% |
| Amounts payable within one year | 42/48 | €48,590 | €47,388 | -€1,202 | -2.5% |
| Trade debts | 44 | €2,145 | €943 | -€1,202 | -56.0% |
| Suppliers | 440/4 | €2,145 | €943 | -€1,202 | -56.0% |
| Other amounts payable | 47/48 | €46,445 | €46,445 | = | 0.0% |
| Other operating charges | 640/8 | €2,439 | €2,548 | +€110 | +4.5% |
| Gross operating margin | 9900 | -€8,899 | -€3,165 | +€5,734 | +64.4% |
| Operating profit (loss) | 9901 | -€11,338 | -€5,713 | +€5,625 | +49.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €46 | €69 | +€23 | +49.2% |
| Recurring financial charges | 65 | €46 | €69 | +€23 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,384 | -€5,782 | +€5,602 | +49.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€11,384 | -€5,782 | +€5,602 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,384 | -€5,782 | +€5,602 | +49.2% |
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 25 October 2026 via checked.be.