Vunjo: 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.
Vunjo
Largest movements
- Current investments +€461,213
up €461,213 (+75.8%), from €608,243 to €1.1m
- Cash -€225,363
down €225,363 (-61.9%), from €363,808 to €138,445
mainly Contributions, distributions and other (-€667,032) and Current investments (-€461,213)
- Other debts +€312,876
up €312,876 (+727.6%), from €43,002 to €355,878
- Reserves -€147,333
down €147,333 (-8.4%), from €1.8m to €1.6m
- Tax, wage and social debts +€42,681
up €42,681 (+66.8%), from €63,941 to €106,622
- Financial income +€24,903
up €24,903 (+41.3%), from €60,365 to €85,268
- Gross operating margin +€19,974
up €19,974 (+3.1%), from €646,507 to €666,481
- Taxes -€18,770
down €18,770 (-9.1%), from €205,661 to €186,891
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 | €1,878,491 | €2,086,138 | +€207,648 | +11.1% |
| Fixed assets | 21/28 | €608,656 | €579,154 | -€29,502 | -4.8% |
| Intangible fixed assets | 21 | €36,000 | €24,000 | -€12,000 | -33.3% |
| Tangible fixed assets | 22/27 | €572,656 | €555,154 | -€17,502 | -3.1% |
| Land and buildings | 22 | €528,295 | €528,295 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,415 | €3,817 | +€403 | +11.8% |
| Furniture and vehicles | 24 | €40,946 | €23,042 | -€17,904 | -43.7% |
| Current assets | 29/58 | €1,269,834 | €1,506,984 | +€237,150 | +18.7% |
| Amounts receivable within one year | 40/41 | €3,600 | €1,387 | -€2,213 | -61.5% |
| Trade receivables | 40 | €3,600 | €1,387 | -€2,213 | -61.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €608,243 | €1,069,456 | +€461,213 | +75.8% |
| Cash at bank and in hand | 54/58 | €363,808 | €138,445 | -€225,363 | -61.9% |
| Deferred charges and accrued income | 490/1 | €294,184 | €297,696 | +€3,513 | +1.2% |
| Total equity and liabilities | 10/49 | €1,878,491 | €2,086,138 | +€207,648 | +11.1% |
| Equity | 10/15 | €1,769,730 | €1,622,397 | -€147,333 | -8.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,751,180 | €1,603,847 | -€147,333 | -8.4% |
| Distributable reserves | 133 | €1,751,180 | €1,603,847 | -€147,333 | -8.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,761 | €463,741 | +€354,980 | +326.4% |
| Amounts payable within one year | 42/48 | €108,365 | €462,845 | +€354,480 | +327.1% |
| Trade debts | 44 | €1,421 | €344 | -€1,077 | -75.8% |
| Suppliers | 440/4 | €1,421 | €344 | -€1,077 | -75.8% |
| Taxes, remuneration and social security | 45 | €63,941 | €106,622 | +€42,681 | +66.8% |
| Taxes | 450/3 | €63,941 | €106,622 | +€42,681 | +66.8% |
| Other amounts payable | 47/48 | €43,002 | €355,878 | +€312,876 | +727.6% |
| Accrued charges and deferred income | 492/3 | €396 | €897 | +€501 | +126.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,228 | €32,272 | +€44 | +0.1% |
| Other operating charges | 640/8 | €6,456 | €614 | -€5,842 | -90.5% |
| Gross operating margin | 9900 | €646,507 | €666,481 | +€19,974 | +3.1% |
| Operating profit (loss) | 9901 | €607,823 | €633,595 | +€25,772 | +4.2% |
| Financial income | 75/76B | €60,365 | €85,268 | +€24,903 | +41.3% |
| Recurring financial income | 75 | €60,365 | €85,268 | +€24,903 | +41.3% |
| Financial charges | 65/66B | €17,724 | €12,273 | -€5,451 | -30.8% |
| Recurring financial charges | 65 | €17,724 | €12,273 | -€5,451 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €650,464 | €706,590 | +€56,126 | +8.6% |
| Income taxes | 67/77 | €205,661 | €186,891 | -€18,770 | -9.1% |
| Profit (loss) for the period | 9904 | €444,803 | €519,699 | +€74,896 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €444,803 | €519,699 | +€74,896 | +16.8% |
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 5 October 2026 via checked.be.