e-Vconsult: 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.
e-Vconsult
Largest movements
- Cash +€101,221
up €101,221 (+46.1%), from €219,567 to €320,787
mainly Trade debts (+€102,660) and Depreciation (+€40,999)
- Intangible fixed assets -€22,163
down €22,163 (-63.5%), from €34,902 to €12,739
- Deferred charges and accrued income +€16,948
up €16,948 (+7.3%), from €230,669 to €247,616
- Tangible fixed assets -€16,153
down €16,153 (-38.2%), from €42,288 to €26,135
of which Furniture and vehicles: -€16,141
- Trade debts +€102,660
up €102,660 (+22.1%), from €464,975 to €567,635
- Profit (loss) carried forward +€23,517
up €23,517 (+10.4%), from €227,073 to €250,591
- Current portion of long-term debt -€19,796
down €19,796 (-56.4%), from €35,083 to €15,288
- Tax, wage and social debts -€17,380
down €17,380 (-27.5%), from €63,220 to €45,840
of which Taxes: -€18,280
- Debts after one year -€10,229
down €10,229 (-43.6%), from €23,477 to €13,248
- Gross operating margin -€37,884
down €37,884 (-9.4%), from €404,747 to €366,863
- Staff costs -€19,017
down €19,017 (-6.3%), from €303,802 to €284,785
- Financial income +€6,563
up €6,563 (+4256.4%), from €154 to €6,718
- Taxes -€4,191
down €4,191 (-25.5%), from €16,433 to €12,242
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 | €849,288 | €934,161 | +€84,873 | +10.0% |
| Fixed assets | 21/28 | €247,189 | €208,873 | -€38,316 | -15.5% |
| Intangible fixed assets | 21 | €34,902 | €12,739 | -€22,163 | -63.5% |
| Tangible fixed assets | 22/27 | €42,288 | €26,135 | -€16,153 | -38.2% |
| Plant, machinery and equipment | 23 | €5,735 | €5,723 | -€12 | -0.2% |
| Furniture and vehicles | 24 | €36,553 | €20,412 | -€16,141 | -44.2% |
| Financial fixed assets | 28 | €170,000 | €170,000 | = | 0.0% |
| Current assets | 29/58 | €602,099 | €725,288 | +€123,189 | +20.5% |
| Stocks and contracts in progress | 3 | €23,328 | €21,223 | -€2,105 | -9.0% |
| Stocks | 30/36 | €23,328 | €21,223 | -€2,105 | -9.0% |
| Amounts receivable within one year | 40/41 | €128,535 | €135,661 | +€7,126 | +5.5% |
| Trade receivables | 40 | €114,089 | €117,776 | +€3,687 | +3.2% |
| Other amounts receivable | 41 | €14,446 | €17,885 | +€3,439 | +23.8% |
| Cash at bank and in hand | 54/58 | €219,567 | €320,787 | +€101,221 | +46.1% |
| Deferred charges and accrued income | 490/1 | €230,669 | €247,616 | +€16,948 | +7.3% |
| Total equity and liabilities | 10/49 | €849,288 | €934,161 | +€84,873 | +10.0% |
| Equity | 10/15 | €247,533 | €271,051 | +€23,517 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,073 | €250,591 | +€23,517 | +10.4% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €601,755 | €663,110 | +€61,356 | +10.2% |
| Amounts payable after more than one year | 17 | €23,477 | €13,248 | -€10,229 | -43.6% |
| Financial debts | 170/4 | €23,477 | €13,248 | -€10,229 | -43.6% |
| Amounts payable within one year | 42/48 | €578,278 | €649,862 | +€71,584 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €35,083 | €15,288 | -€19,796 | -56.4% |
| Trade debts | 44 | €464,975 | €567,635 | +€102,660 | +22.1% |
| Suppliers | 440/4 | €464,975 | €567,635 | +€102,660 | +22.1% |
| Taxes, remuneration and social security | 45 | €63,220 | €45,840 | -€17,380 | -27.5% |
| Taxes | 450/3 | €28,977 | €10,697 | -€18,280 | -63.1% |
| Remuneration and social security | 454/9 | €34,242 | €35,143 | +€900 | +2.6% |
| Other amounts payable | 47/48 | €15,000 | €21,100 | +€6,100 | +40.7% |
| Remuneration, social security and pensions | 62 | €303,802 | €284,785 | -€19,017 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,642 | €40,999 | +€357 | +0.9% |
| Other operating charges | 640/8 | €327 | €433 | +€106 | +32.4% |
| Gross operating margin | 9900 | €404,747 | €366,863 | -€37,884 | -9.4% |
| Operating profit (loss) | 9901 | €59,976 | €40,647 | -€19,330 | -32.2% |
| Financial income | 75/76B | €154 | €6,718 | +€6,563 | +4256.4% |
| Recurring financial income | 75 | €154 | €6,718 | +€6,563 | +4256.4% |
| Financial charges | 65/66B | €2,012 | €1,605 | -€406 | -20.2% |
| Recurring financial charges | 65 | €2,012 | €1,605 | -€406 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €58,119 | €45,759 | -€12,360 | -21.3% |
| Income taxes | 67/77 | €16,433 | €12,242 | -€4,191 | -25.5% |
| Profit (loss) for the period | 9904 | €41,685 | €33,517 | -€8,168 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,685 | €33,517 | -€8,168 | -19.6% |
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 7 October 2026 via checked.be.