VRJELEKTRICKS: 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.
VRJELEKTRICKS
Largest movements
- Tangible fixed assets -€11,854
down €11,854 (-20.3%), from €58,272 to €46,418
of which Furniture and vehicles: -€11,291
- Receivables within one year +€9,681
up €9,681 (+189.3%), from €5,114 to €14,796
of which Trade receivables: +€5,532
- Cash -€4,820
down €4,820 (-14.1%), from €34,273 to €29,453
mainly Debts after one year (-€12,966) and Receivables within one year (-€9,681)
- Deferred charges and accrued income +€1,360
up €1,360 (+117.9%), from €1,153 to €2,512
- Debts after one year -€12,966
down €12,966 (-33.8%), from €38,327 to €25,361
- Reserves +€5,567
up €5,567 (+14.5%), from €38,293 to €43,860
- Trade debts +€2,801
up €2,801 (+115.7%), from €2,420 to €5,221
- Current portion of long-term debt -€2,087
down €2,087 (-13.9%), from €15,052 to €12,966
- Tax, wage and social debts +€1,138
up €1,138 (+364.1%), from €312 to €1,450
- Gross operating margin -€10,655
down €10,655 (-28.3%), from €37,640 to €26,985
- Depreciation +€5,964
up €5,964 (+72.3%), from €8,246 to €14,210
- Taxes -€2,856
down €2,856 (-46.2%), from €6,186 to €3,330
- Other operating charges +€857
up €857 (+75.2%), from €1,140 to €1,997
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 | €98,811 | €93,178 | -€5,634 | -5.7% |
| Fixed assets | 21/28 | €58,272 | €46,418 | -€11,854 | -20.3% |
| Tangible fixed assets | 22/27 | €58,272 | €46,418 | -€11,854 | -20.3% |
| Plant, machinery and equipment | 23 | €1,404 | €842 | -€563 | -40.1% |
| Furniture and vehicles | 24 | €56,867 | €45,576 | -€11,291 | -19.9% |
| Current assets | 29/58 | €40,540 | €46,760 | +€6,220 | +15.3% |
| Amounts receivable within one year | 40/41 | €5,114 | €14,796 | +€9,681 | +189.3% |
| Trade receivables | 40 | €1,741 | €7,273 | +€5,532 | +317.7% |
| Other amounts receivable | 41 | €3,374 | €7,523 | +€4,149 | +123.0% |
| Cash at bank and in hand | 54/58 | €34,273 | €29,453 | -€4,820 | -14.1% |
| Deferred charges and accrued income | 490/1 | €1,153 | €2,512 | +€1,360 | +117.9% |
| Total equity and liabilities | 10/49 | €98,811 | €93,178 | -€5,634 | -5.7% |
| Equity | 10/15 | €40,293 | €45,860 | +€5,567 | +13.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,293 | €43,860 | +€5,567 | +14.5% |
| Distributable reserves | 133 | €38,293 | €43,860 | +€5,567 | +14.5% |
| Amounts payable | 17/49 | €58,518 | €47,318 | -€11,200 | -19.1% |
| Amounts payable after more than one year | 17 | €38,327 | €25,361 | -€12,966 | -33.8% |
| Financial debts | 170/4 | €38,327 | €25,361 | -€12,966 | -33.8% |
| Amounts payable within one year | 42/48 | €20,191 | €21,957 | +€1,765 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €15,052 | €12,966 | -€2,087 | -13.9% |
| Trade debts | 44 | €2,420 | €5,221 | +€2,801 | +115.7% |
| Suppliers | 440/4 | €2,420 | €5,221 | +€2,801 | +115.7% |
| Taxes, remuneration and social security | 45 | €312 | €1,450 | +€1,138 | +364.1% |
| Taxes | 450/3 | €312 | €1,450 | +€1,138 | +364.1% |
| Other amounts payable | 47/48 | €2,406 | €2,320 | -€86 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,246 | €14,210 | +€5,964 | +72.3% |
| Other operating charges | 640/8 | €1,140 | €1,997 | +€857 | +75.2% |
| Gross operating margin | 9900 | €37,640 | €26,985 | -€10,655 | -28.3% |
| Operating profit (loss) | 9901 | €28,255 | €10,778 | -€17,477 | -61.9% |
| Financial income | 75/76B | €32 | €61 | +€30 | +93.3% |
| Recurring financial income | 75 | €32 | €61 | +€30 | +93.3% |
| Financial charges | 65/66B | €1,634 | €1,942 | +€309 | +18.9% |
| Recurring financial charges | 65 | €1,634 | €1,942 | +€309 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €26,652 | €8,897 | -€17,756 | -66.6% |
| Income taxes | 67/77 | €6,186 | €3,330 | -€2,856 | -46.2% |
| Profit (loss) for the period | 9904 | €20,466 | €5,567 | -€14,899 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,466 | €5,567 | -€14,899 | -72.8% |
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 8 October 2026 via checked.be.