V.A.S. consulting: 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.S. consulting
Largest movements
- Receivables within one year +€12,831
up €12,831 (+42.1%), from €30,481 to €43,312
of which Other amounts receivable: +€21,177
- Cash -€6,717
down €6,717 (-10.3%), from €65,247 to €58,530
mainly Net result for the year (-€23,073) and Receivables within one year (-€12,831)
- Provisions +€34,800
new in 2025: €34,800
- Profit (loss) carried forward -€23,073
down €23,073 (-35.5%), from €64,957 to €41,884
- Tax, wage and social debts -€5,278
down €5,278 (-20.8%), from €25,348 to €20,070
- Debts after one year -€1,094
down €1,094 (-85.4%), from €1,281 to €187
- Provisions +€34,800
new in 2025: €34,800
- Financial charges +€10,358
up €10,358 (+474%), from €2,185 to €12,543
- Taxes -€4,046
down €4,046 (-40.4%), from €10,019 to €5,973
- Gross operating margin -€2,628
down €2,628 (-6.8%), from €38,731 to €36,104
- Depreciation +€644
up €644 (+65.0%), from €992 to €1,636
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.
Derived cash bridge
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 | €100,839 | €106,465 | +€5,626 | +5.6% |
| Fixed assets | 21/28 | €3,767 | €3,131 | -€636 | -16.9% |
| Tangible fixed assets | 22/27 | €3,767 | €3,131 | -€636 | -16.9% |
| Furniture and vehicles | 24 | €3,767 | €3,131 | -€636 | -16.9% |
| Current assets | 29/58 | €97,072 | €103,334 | +€6,263 | +6.5% |
| Amounts receivable within one year | 40/41 | €30,481 | €43,312 | +€12,831 | +42.1% |
| Trade receivables | 40 | €8,347 | - | -€8,347 | |
| Other amounts receivable | 41 | €22,134 | €43,312 | +€21,177 | +95.7% |
| Cash at bank and in hand | 54/58 | €65,247 | €58,530 | -€6,717 | -10.3% |
| Deferred charges and accrued income | 490/1 | €1,344 | €1,493 | +€148 | +11.0% |
| Total equity and liabilities | 10/49 | €100,839 | €106,465 | +€5,626 | +5.6% |
| Equity | 10/15 | €68,957 | €45,884 | -€23,073 | -33.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,957 | €41,884 | -€23,073 | -35.5% |
| Provisions and deferred taxes | 16 | - | €34,800 | +€34,800 | |
| Provisions for liabilities and charges | 160/5 | - | €34,800 | +€34,800 | |
| Other liabilities and charges | 164/5 | - | €34,800 | +€34,800 | |
| Amounts payable | 17/49 | €31,881 | €25,780 | -€6,101 | -19.1% |
| Amounts payable after more than one year | 17 | €1,281 | €187 | -€1,094 | -85.4% |
| Financial debts | 170/4 | €1,281 | €187 | -€1,094 | -85.4% |
| Amounts payable within one year | 42/48 | €29,798 | €24,738 | -€5,060 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €1,048 | €1,094 | +€46 | +4.4% |
| Trade debts | 44 | €3,402 | €3,573 | +€171 | +5.0% |
| Suppliers | 440/4 | €3,402 | €3,573 | +€171 | +5.0% |
| Taxes, remuneration and social security | 45 | €25,348 | €20,070 | -€5,278 | -20.8% |
| Taxes | 450/3 | €25,348 | €20,070 | -€5,278 | -20.8% |
| Accrued charges and deferred income | 492/3 | €802 | €856 | +€53 | +6.6% |
| Non-recurring operating income | 76A | - | €3,308 | +€3,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €992 | €1,636 | +€644 | +65.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €34,800 | +€34,800 | |
| Other operating charges | 640/8 | €961 | €973 | +€12 | +1.3% |
| Non-recurring operating charges | 66A | - | €3,296 | +€3,296 | |
| Gross operating margin | 9900 | €38,731 | €36,104 | -€2,628 | -6.8% |
| Operating profit (loss) | 9901 | €36,779 | -€4,601 | -€41,380 | |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €2,185 | €12,543 | +€10,358 | +474% |
| Recurring financial charges | 65 | €2,185 | €12,543 | +€10,358 | +474% |
| Profit (loss) for the period before taxes | 9903 | €34,594 | -€17,100 | -€51,694 | |
| Income taxes | 67/77 | €10,019 | €5,973 | -€4,046 | -40.4% |
| Profit (loss) for the period | 9904 | €24,575 | -€23,073 | -€47,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,575 | -€23,073 | -€47,648 |
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 24 October 2026 via checked.be.