V.E.T.D. 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.E.T.D. CONSULT
Largest movements
- Cash +€19,349
up €19,349 (+299%), from €6,464 to €25,813
mainly Trade debts (+€19,856) and Other debts (+€11,769)
- Receivables within one year -€11,000
down €11,000 (-29.0%), from €37,953 to €26,953
of which Trade receivables: -€12,010
- Tangible fixed assets -€7,930
down €7,930 (-30.1%), from €26,310 to €18,380
of which Furniture and vehicles: -€7,008
- Profit (loss) carried forward -€31,386
down €31,386, from €20,744 to -€10,642
- Trade debts +€19,856
up €19,856 (+2,468%), from €805 to €20,660
- Other debts +€11,769
up €11,769 (+40.3%), from €29,191 to €40,961
- Gross operating margin -€17,516
down €17,516 (-351%), from -€4,992 to -€22,508
- Write-downs -€4,399
down €4,399, from €2,199 to -€2,199
- Other operating charges +€2,212
up €2,212 (+430%), from €515 to €2,727
- Financial income -€295
no longer reported in 2025 (was €295)
of which Financial income: -€295
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 | €71,440 | €71,679 | +€239 | +0.3% |
| Fixed assets | 21/28 | €26,310 | €18,380 | -€7,930 | -30.1% |
| Tangible fixed assets | 22/27 | €26,310 | €18,380 | -€7,930 | -30.1% |
| Furniture and vehicles | 24 | €18,544 | €11,536 | -€7,008 | -37.8% |
| Other tangible fixed assets | 26 | €7,766 | €6,844 | -€922 | -11.9% |
| Current assets | 29/58 | €45,129 | €53,298 | +€8,169 | +18.1% |
| Amounts receivable within one year | 40/41 | €37,953 | €26,953 | -€11,000 | -29.0% |
| Trade receivables | 40 | €35,958 | €23,949 | -€12,010 | -33.4% |
| Other amounts receivable | 41 | €1,994 | €3,004 | +€1,010 | +50.7% |
| Cash at bank and in hand | 54/58 | €6,464 | €25,813 | +€19,349 | +299% |
| Deferred charges and accrued income | 490/1 | €713 | €533 | -€180 | -25.3% |
| Total equity and liabilities | 10/49 | €71,440 | €71,679 | +€239 | +0.3% |
| Equity | 10/15 | €40,744 | €9,358 | -€31,386 | -77.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,744 | -€10,642 | -€31,386 | |
| Amounts payable | 17/49 | €30,696 | €62,321 | +€31,625 | +103% |
| Amounts payable within one year | 42/48 | €29,996 | €61,621 | +€31,625 | +105% |
| Trade debts | 44 | €805 | €20,660 | +€19,856 | +2,468% |
| Suppliers | 440/4 | €805 | €20,660 | +€19,856 | +2,468% |
| Other amounts payable | 47/48 | €29,191 | €40,961 | +€11,769 | +40.3% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,930 | €7,930 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,199 | -€2,199 | -€4,399 | |
| Other operating charges | 640/8 | €515 | €2,727 | +€2,212 | +430% |
| Gross operating margin | 9900 | -€4,992 | -€22,508 | -€17,516 | -351% |
| Operating profit (loss) | 9901 | -€15,636 | -€30,965 | -€15,329 | -98.0% |
| Financial income | 75/76B | €295 | - | -€295 | |
| Recurring financial income | 75 | €295 | - | -€295 | |
| Non-recurring financial income | 76B | €295 | - | -€295 | |
| Financial charges | 65/66B | €291 | €421 | +€131 | +45.0% |
| Recurring financial charges | 65 | €291 | €421 | +€131 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,631 | -€31,386 | -€15,755 | -101% |
| Profit (loss) for the period | 9904 | -€15,631 | -€31,386 | -€15,755 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,631 | -€31,386 | -€15,755 | -101% |
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.