VOJO: 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.
VOJO
Largest movements
- Receivables within one year -€27,608
down €27,608 (-35.0%), from €78,811 to €51,203
of which Trade receivables: -€28,324
- Tangible fixed assets -€7,401
down €7,401 (-51.1%), from €14,475 to €7,073
of which Furniture and vehicles: -€6,346
- Cash +€2,269
up €2,269 (+352.0%), from €645 to €2,914
mainly Receivables within one year (+€27,608) and Other debts (+€11,074)
- Reserves -€29,554
down €29,554 (-55.2%), from €53,507 to €23,953
- Other debts +€11,074
new in 2025: €11,074
- Tax, wage and social debts -€9,603
down €9,603 (-97.5%), from €9,851 to €248
of which Taxes: -€6,863
- Trade debts -€5,152
down €5,152 (-11.9%), from €43,439 to €38,287
- Turnover -€29,247
down €29,247 (-10.8%), from €271,285 to €242,038
- Gross operating margin -€19,117
down €19,117 (-43.5%), from €43,923 to €24,805
- Taxes -€6,199
down €6,199 (-98.5%), from €6,293 to €93
- Other operating charges +€3,885
up €3,885 (+525.0%), from €740 to €4,625
- Purchases and services -€3,859
down €3,859 (-1.7%), from €227,910 to €224,052
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 | €112,998 | €79,762 | -€33,236 | -29.4% |
| Fixed assets | 21/28 | €14,970 | €7,073 | -€7,896 | -52.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €14,475 | €7,073 | -€7,401 | -51.1% |
| Plant, machinery and equipment | 23 | €3,088 | €2,303 | -€786 | -25.4% |
| Furniture and vehicles | 24 | €10,443 | €4,097 | -€6,346 | -60.8% |
| Other tangible fixed assets | 26 | €944 | €674 | -€270 | -28.6% |
| Financial fixed assets | 28 | €495 | €0 | -€495 | -100.0% |
| Current assets | 29/58 | €98,028 | €72,689 | -€25,339 | -25.8% |
| Stocks and contracts in progress | 3 | €18,573 | €18,573 | = | 0.0% |
| Stocks | 30/36 | €18,573 | €18,573 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,811 | €51,203 | -€27,608 | -35.0% |
| Trade receivables | 40 | €76,832 | €48,508 | -€28,324 | -36.9% |
| Other amounts receivable | 41 | €1,979 | €2,695 | +€716 | +36.2% |
| Cash at bank and in hand | 54/58 | €645 | €2,914 | +€2,269 | +352.0% |
| Total equity and liabilities | 10/49 | €112,998 | €79,762 | -€33,236 | -29.4% |
| Equity | 10/15 | €59,707 | €30,153 | -€29,554 | -49.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,507 | €23,953 | -€29,554 | -55.2% |
| Distributable reserves | 133 | €53,507 | €23,953 | -€29,554 | -55.2% |
| Amounts payable | 17/49 | €53,291 | €49,609 | -€3,681 | -6.9% |
| Amounts payable within one year | 42/48 | €53,291 | €49,609 | -€3,681 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €43,439 | €38,287 | -€5,152 | -11.9% |
| Suppliers | 440/4 | €43,439 | €38,287 | -€5,152 | -11.9% |
| Taxes, remuneration and social security | 45 | €9,851 | €248 | -€9,603 | -97.5% |
| Taxes | 450/3 | €6,923 | €59 | -€6,863 | -99.1% |
| Remuneration and social security | 454/9 | €2,929 | €189 | -€2,740 | -93.5% |
| Other amounts payable | 47/48 | - | €11,074 | +€11,074 | |
| Turnover | 70 | €271,285 | €242,038 | -€29,247 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €227,910 | €224,052 | -€3,859 | -1.7% |
| Remuneration, social security and pensions | 62 | €38,640 | €40,396 | +€1,757 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,467 | €8,690 | -€777 | -8.2% |
| Other operating charges | 640/8 | €740 | €4,625 | +€3,885 | +525.0% |
| Gross operating margin | 9900 | €43,923 | €24,805 | -€19,117 | -43.5% |
| Operating profit (loss) | 9901 | -€4,924 | -€28,907 | -€23,983 | -487.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €371 | €555 | +€184 | +49.6% |
| Recurring financial charges | 65 | €371 | €555 | +€184 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,295 | -€29,461 | -€24,166 | -456.4% |
| Income taxes | 67/77 | €6,293 | €93 | -€6,199 | -98.5% |
| Profit (loss) for the period | 9904 | -€11,587 | -€29,554 | -€17,967 | -155.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,587 | -€29,554 | -€17,967 | -155.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.