VLIEJO: 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.
VLIEJO
Largest movements
- Tangible fixed assets -€17,608
down €17,608 (-25.0%), from €70,464 to €52,856
- Receivables within one year +€11,244
up €11,244 (+2.2%), from €512,034 to €523,278
of which Other amounts receivable: +€112,459
- Trade debts -€42,468
down €42,468 (-9.5%), from €445,236 to €402,769
- Tax, wage and social debts +€29,751
up €29,751 (+20.1%), from €147,842 to €177,592
of which Remuneration and social security: +€24,618
- Profit (loss) carried forward +€12,545
up €12,545, from -€1,873 to €10,672
- Staff costs +€95,732
up €95,732 (+18.1%), from €529,623 to €625,354
- Gross operating margin +€94,294
up €94,294 (+16.6%), from €568,212 to €662,506
- Financial income -€9,997
down €9,997 (-49.1%), from €20,346 to €10,349
of which Financial income: -€7,647
- Other operating charges -€7,251
down €7,251 (-94.8%), from €7,647 to €396
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 | €659,405 | €659,233 | -€173 | 0.0% |
| Fixed assets | 21/28 | €70,464 | €52,856 | -€17,608 | -25.0% |
| Tangible fixed assets | 22/27 | €70,464 | €52,856 | -€17,608 | -25.0% |
| Plant, machinery and equipment | 23 | €17,675 | €11,145 | -€6,529 | -36.9% |
| Furniture and vehicles | 24 | €7,436 | €4,747 | -€2,690 | -36.2% |
| Other tangible fixed assets | 26 | €45,353 | €36,964 | -€8,388 | -18.5% |
| Current assets | 29/58 | €588,941 | €606,376 | +€17,435 | +3.0% |
| Stocks and contracts in progress | 3 | €59,539 | €61,327 | +€1,788 | +3.0% |
| Stocks | 30/36 | €59,539 | €61,327 | +€1,788 | +3.0% |
| Amounts receivable within one year | 40/41 | €512,034 | €523,278 | +€11,244 | +2.2% |
| Trade receivables | 40 | €148,087 | €46,872 | -€101,215 | -68.3% |
| Other amounts receivable | 41 | €363,947 | €476,406 | +€112,459 | +30.9% |
| Cash at bank and in hand | 54/58 | €17,369 | €21,772 | +€4,403 | +25.4% |
| Total equity and liabilities | 10/49 | €659,405 | €659,233 | -€173 | 0.0% |
| Equity | 10/15 | €66,327 | €78,872 | +€12,545 | +18.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,873 | €10,672 | +€12,545 | |
| Amounts payable | 17/49 | €593,078 | €580,361 | -€12,717 | -2.1% |
| Amounts payable within one year | 42/48 | €593,078 | €580,361 | -€12,717 | -2.1% |
| Trade debts | 44 | €445,236 | €402,769 | -€42,468 | -9.5% |
| Suppliers | 440/4 | €445,236 | €402,769 | -€42,468 | -9.5% |
| Taxes, remuneration and social security | 45 | €147,842 | €177,592 | +€29,751 | +20.1% |
| Taxes | 450/3 | €58,045 | €63,178 | +€5,133 | +8.8% |
| Remuneration and social security | 454/9 | €89,797 | €114,415 | +€24,618 | +27.4% |
| Remuneration, social security and pensions | 62 | €529,623 | €625,354 | +€95,732 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,399 | €22,486 | +€86 | +0.4% |
| Other operating charges | 640/8 | €7,647 | €396 | -€7,251 | -94.8% |
| Gross operating margin | 9900 | €568,212 | €662,506 | +€94,294 | +16.6% |
| Operating profit (loss) | 9901 | €8,543 | €14,270 | +€5,727 | +67.0% |
| Financial income | 75/76B | €20,346 | €10,349 | -€9,997 | -49.1% |
| Recurring financial income | 75 | €17,996 | €10,349 | -€7,647 | -42.5% |
| Non-recurring financial income | 76B | €2,350 | - | -€2,350 | |
| Financial charges | 65/66B | €2,400 | €2,392 | -€7 | -0.3% |
| Recurring financial charges | 65 | €2,400 | €2,392 | -€7 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €26,489 | €22,226 | -€4,263 | -16.1% |
| Income taxes | 67/77 | €11,873 | €9,682 | -€2,192 | -18.5% |
| Profit (loss) for the period | 9904 | €14,616 | €12,545 | -€2,071 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,616 | €12,545 | -€2,071 | -14.2% |
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 12 October 2026 via checked.be.