V 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 Consulting
Largest movements
- Cash +€81,468
up €81,468 (+242%), from €33,699 to €115,167
mainly Receivables within one year (+€70,367) and Depreciation (+€8,830)
- Receivables within one year -€70,367
down €70,367 (-41.2%), from €170,648 to €100,282
of which Trade receivables: -€71,807
- Tangible fixed assets -€7,955
down €7,955 (-55.6%), from €14,315 to €6,360
of which Furniture and vehicles: -€8,109
- Tax, wage and social debts -€6,716
down €6,716 (-51.3%), from €13,087 to €6,371
- Reserves +€6,493
up €6,493 (+3.5%), from €185,133 to €191,625
- Other debts +€2,582
up €2,582 (+17.7%), from €14,617 to €17,199
- Gross operating margin -€63,703
down €63,703 (-71.1%), from €89,654 to €25,952
- Taxes -€4,950
down €4,950 (-49.2%), from €10,068 to €5,118
- Other operating charges +€911
up €911 (+14.0%), from €6,494 to €7,405
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 | €219,449 | €223,329 | +€3,880 | +1.8% |
| Fixed assets | 21/28 | €14,315 | €6,360 | -€7,955 | -55.6% |
| Tangible fixed assets | 22/27 | €14,315 | €6,360 | -€7,955 | -55.6% |
| Plant, machinery and equipment | 23 | €984 | €1,139 | +€155 | +15.7% |
| Furniture and vehicles | 24 | €13,331 | €5,221 | -€8,109 | -60.8% |
| Current assets | 29/58 | €205,134 | €216,969 | +€11,835 | +5.8% |
| Amounts receivable within one year | 40/41 | €170,648 | €100,282 | -€70,367 | -41.2% |
| Trade receivables | 40 | €90,000 | €18,193 | -€71,807 | -79.8% |
| Other amounts receivable | 41 | €80,648 | €82,089 | +€1,441 | +1.8% |
| Cash at bank and in hand | 54/58 | €33,699 | €115,167 | +€81,468 | +242% |
| Deferred charges and accrued income | 490/1 | €786 | €1,520 | +€734 | +93.3% |
| Total equity and liabilities | 10/49 | €219,449 | €223,329 | +€3,880 | +1.8% |
| Equity | 10/15 | €190,133 | €196,625 | +€6,493 | +3.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €185,133 | €191,625 | +€6,493 | +3.5% |
| Distributable reserves | 133 | €185,133 | €191,625 | +€6,493 | +3.5% |
| Amounts payable | 17/49 | €29,316 | €26,703 | -€2,613 | -8.9% |
| Amounts payable within one year | 42/48 | €29,316 | €26,703 | -€2,613 | -8.9% |
| Trade debts | 44 | €1,611 | €3,133 | +€1,522 | +94.4% |
| Suppliers | 440/4 | €1,611 | €3,133 | +€1,522 | +94.4% |
| Taxes, remuneration and social security | 45 | €13,087 | €6,371 | -€6,716 | -51.3% |
| Taxes | 450/3 | €13,087 | €6,371 | -€6,716 | -51.3% |
| Other amounts payable | 47/48 | €14,617 | €17,199 | +€2,582 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,200 | €8,830 | -€370 | -4.0% |
| Other operating charges | 640/8 | €6,494 | €7,405 | +€911 | +14.0% |
| Gross operating margin | 9900 | €89,654 | €25,952 | -€63,703 | -71.1% |
| Operating profit (loss) | 9901 | €73,960 | €9,717 | -€64,243 | -86.9% |
| Financial income | 75/76B | €2,249 | €1,965 | -€285 | -12.7% |
| Recurring financial income | 75 | €2,249 | €1,965 | -€285 | -12.7% |
| Financial charges | 65/66B | €236 | €71 | -€165 | -70.0% |
| Recurring financial charges | 65 | €236 | €71 | -€165 | -70.0% |
| Profit (loss) for the period before taxes | 9903 | €75,973 | €11,610 | -€64,363 | -84.7% |
| Income taxes | 67/77 | €10,068 | €5,118 | -€4,950 | -49.2% |
| Profit (loss) for the period | 9904 | €65,905 | €6,493 | -€59,413 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,905 | €6,493 | -€59,413 | -90.1% |
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 20 October 2026 via checked.be.