V.B.N. 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.B.N. CONSULT
Largest movements
- Receivables within one year +€27,553
up €27,553 (+51.5%), from €53,505 to €81,057
of which Other amounts receivable: +€27,008
- Deferred charges and accrued income -€8,080
down €8,080 (-97.0%), from €8,329 to €249
- Reserves +€15,427
up €15,427 (+12.9%), from €119,709 to €135,137
- Short-term financial debts +€3,113
up €3,113 (+26.6%), from €11,690 to €14,803
- Financial income +€9,321
new in 2025: €9,321
- Gross operating margin -€7,085
down €7,085 (-31.8%), from €22,287 to €15,202
- Financial charges +€557
up €557 (+35.1%), from €1,587 to €2,144
- Taxes +€259
up €259 (+4.6%), from €5,598 to €5,856
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 | €166,833 | €186,306 | +€19,472 | +11.7% |
| Current assets | 29/58 | €166,833 | €186,306 | +€19,472 | +11.7% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,505 | €81,057 | +€27,553 | +51.5% |
| Trade receivables | 40 | - | €545 | +€545 | |
| Other amounts receivable | 41 | €53,505 | €80,513 | +€27,008 | +50.5% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €8,329 | €249 | -€8,080 | -97.0% |
| Total equity and liabilities | 10/49 | €166,833 | €186,306 | +€19,472 | +11.7% |
| Equity | 10/15 | €139,709 | €155,137 | +€15,427 | +11.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €119,709 | €135,137 | +€15,427 | +12.9% |
| Distributable reserves | 133 | €119,709 | €135,137 | +€15,427 | +12.9% |
| Amounts payable | 17/49 | €27,124 | €31,169 | +€4,045 | +14.9% |
| Amounts payable within one year | 42/48 | €27,124 | €31,169 | +€4,045 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €308 | €1,886 | +€1,578 | +512% |
| Financial debts | 43 | €11,690 | €14,803 | +€3,113 | +26.6% |
| Credit institutions | 430/8 | €11,690 | €14,803 | +€3,113 | +26.6% |
| Trade debts | 44 | €1,740 | €413 | -€1,327 | -76.3% |
| Suppliers | 440/4 | €1,740 | €413 | -€1,327 | -76.3% |
| Taxes, remuneration and social security | 45 | €13,386 | €14,066 | +€680 | +5.1% |
| Taxes | 450/3 | €13,386 | €14,066 | +€680 | +5.1% |
| Other operating charges | 640/8 | €1,104 | €1,096 | -€8 | -0.7% |
| Gross operating margin | 9900 | €22,287 | €15,202 | -€7,085 | -31.8% |
| Operating profit (loss) | 9901 | €21,183 | €14,106 | -€7,077 | -33.4% |
| Financial income | 75/76B | - | €9,321 | +€9,321 | |
| Recurring financial income | 75 | - | €9,321 | +€9,321 | |
| Financial charges | 65/66B | €1,587 | €2,144 | +€557 | +35.1% |
| Recurring financial charges | 65 | €1,587 | €2,144 | +€557 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €19,597 | €21,284 | +€1,687 | +8.6% |
| Income taxes | 67/77 | €5,598 | €5,856 | +€259 | +4.6% |
| Profit (loss) for the period | 9904 | €13,999 | €15,427 | +€1,428 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,999 | €15,427 | +€1,428 | +10.2% |
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 24 October 2026 via checked.be.