V. A. CONSULT: 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.
V. A. CONSULT
Largest movements
- Cash -€43,069
down €43,069 (-77.0%), from €55,967 to €12,898
mainly Contributions, distributions and other (-€150,000) and Debts after one year (-€28,882)
- Tangible fixed assets -€4,624
down €4,624 (-86.2%), from €5,364 to €740
of which Furniture and vehicles: -€4,624
- Profit (loss) carried forward -€63,040
down €63,040 (-43.5%), from €145,004 to €81,964
- Other debts +€45,077
up €45,077 (+90.2%), from €50,000 to €95,077
- Debts after one year -€28,882
down €28,882 (-21.7%), from €132,985 to €104,103
- Gross operating margin +€13,542
up €13,542 (+21.8%), from €62,206 to €75,748
- Financial income +€3,856
up €3,856 (+10.9%), from €35,257 to €39,113
- Taxes -€2,309
down €2,309 (-11.2%), from €20,638 to €18,330
- Depreciation -€2,280
down €2,280 (-33.0%), from €6,903 to €4,624
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 | €378,145 | €330,272 | -€47,873 | -12.7% |
| Fixed assets | 21/28 | €320,239 | €315,615 | -€4,624 | -1.4% |
| Tangible fixed assets | 22/27 | €5,364 | €740 | -€4,624 | -86.2% |
| Land and buildings | 22 | €640 | €640 | = | 0.0% |
| Furniture and vehicles | 24 | €4,724 | €100 | -€4,624 | -97.9% |
| Financial fixed assets | 28 | €314,875 | €314,875 | = | 0.0% |
| Current assets | 29/58 | €57,906 | €14,657 | -€43,249 | -74.7% |
| Amounts receivable within one year | 40/41 | €285 | - | -€285 | |
| Other amounts receivable | 41 | €285 | - | -€285 | |
| Cash at bank and in hand | 54/58 | €55,967 | €12,898 | -€43,069 | -77.0% |
| Deferred charges and accrued income | 490/1 | €1,654 | €1,759 | +€105 | +6.3% |
| Total equity and liabilities | 10/49 | €378,145 | €330,272 | -€47,873 | -12.7% |
| Equity | 10/15 | €156,004 | €92,964 | -€63,040 | -40.4% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,004 | €81,964 | -€63,040 | -43.5% |
| Amounts payable | 17/49 | €222,141 | €237,308 | +€15,167 | +6.8% |
| Amounts payable after more than one year | 17 | €132,985 | €104,103 | -€28,882 | -21.7% |
| Financial debts | 170/4 | €132,985 | €104,103 | -€28,882 | -21.7% |
| Amounts payable within one year | 42/48 | €89,085 | €133,172 | +€44,087 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €37,223 | €34,267 | -€2,955 | -7.9% |
| Trade debts | 44 | €1,862 | €1,532 | -€331 | -17.7% |
| Suppliers | 440/4 | €1,862 | €1,532 | -€331 | -17.7% |
| Taxes, remuneration and social security | 45 | - | €2,296 | +€2,296 | |
| Taxes | 450/3 | - | €2,296 | +€2,296 | |
| Other amounts payable | 47/48 | €50,000 | €95,077 | +€45,077 | +90.2% |
| Accrued charges and deferred income | 492/3 | €71 | €33 | -€38 | -53.8% |
| Remuneration, social security and pensions | 62 | €1,658 | €1,244 | -€415 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,903 | €4,624 | -€2,280 | -33.0% |
| Other operating charges | 640/8 | €677 | €1,397 | +€720 | +106.5% |
| Gross operating margin | 9900 | €62,206 | €75,748 | +€13,542 | +21.8% |
| Operating profit (loss) | 9901 | €52,967 | €68,483 | +€15,516 | +29.3% |
| Financial income | 75/76B | €35,257 | €39,113 | +€3,856 | +10.9% |
| Recurring financial income | 75 | €35,257 | €39,113 | +€3,856 | +10.9% |
| Financial charges | 65/66B | €2,797 | €2,306 | -€491 | -17.5% |
| Recurring financial charges | 65 | €2,797 | €2,306 | -€491 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €85,428 | €105,290 | +€19,862 | +23.2% |
| Income taxes | 67/77 | €20,638 | €18,330 | -€2,309 | -11.2% |
| Profit (loss) for the period | 9904 | €64,790 | €86,960 | +€22,170 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,790 | €86,960 | +€22,170 | +34.2% |
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 11 October 2026 via checked.be.