V.L.H.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.L.H.CONSULTING
Largest movements
- Tangible fixed assets -€58,996
down €58,996 (-28.8%), from €205,063 to €146,067
- Receivables within one year +€39,284
up €39,284 (+12,551%), from €313 to €39,597
- Deferred charges and accrued income -€13,043
no longer reported in 2024 (was €13,043)
- Debts after one year -€38,757
down €38,757 (-22.6%), from €171,414 to €132,657
- Profit (loss) carried forward +€14,655
up €14,655 (+21.3%), from -€68,881 to -€54,226
- Other debts -€13,161
no longer reported in 2024 (was €13,161)
- Tax, wage and social debts +€9,883
up €9,883 (+43.8%), from €22,552 to €32,435
- Trade debts -€9,538
down €9,538 (-81.7%), from €11,672 to €2,134
- Other operating charges -€20,971
down €20,971 (-77.5%), from €27,071 to €6,100
- Gross operating margin -€11,804
down €11,804 (-12.2%), from €96,852 to €85,048
- Taxes +€4,339
up €4,339 (+20.5%), from €21,115 to €25,454
- Financial charges -€3,254
down €3,254 (-28.0%), from €11,624 to €8,370
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,419 | €185,664 | -€32,755 | -15.0% |
| Fixed assets | 21/28 | €205,063 | €146,067 | -€58,996 | -28.8% |
| Tangible fixed assets | 22/27 | €205,063 | €146,067 | -€58,996 | -28.8% |
| Land and buildings | 22 | €205,063 | €146,067 | -€58,996 | -28.8% |
| Current assets | 29/58 | €13,356 | €39,597 | +€26,241 | +196% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €313 | €39,597 | +€39,284 | +12,551% |
| Trade receivables | 40 | €313 | €39,597 | +€39,284 | +12,551% |
| Deferred charges and accrued income | 490/1 | €13,043 | - | -€13,043 | |
| Total equity and liabilities | 10/49 | €218,419 | €185,664 | -€32,755 | -15.0% |
| Equity | 10/15 | -€40,519 | -€25,864 | +€14,655 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,762 | €9,762 | = | 0.0% |
| Non-distributable reserves | 130/1 | €462 | €462 | = | 0.0% |
| Legal reserve | 130 | €462 | €462 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,881 | -€54,226 | +€14,655 | +21.3% |
| Amounts payable | 17/49 | €258,938 | €211,528 | -€47,410 | -18.3% |
| Amounts payable after more than one year | 17 | €171,414 | €132,657 | -€38,757 | -22.6% |
| Financial debts | 170/4 | €171,414 | €132,657 | -€38,757 | -22.6% |
| Amounts payable within one year | 42/48 | €87,524 | €78,871 | -€8,653 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €33,345 | €36,555 | +€3,210 | +9.6% |
| Financial debts | 43 | €6,794 | €7,747 | +€953 | +14.0% |
| Credit institutions | 430/8 | €6,794 | €7,747 | +€953 | +14.0% |
| Trade debts | 44 | €11,672 | €2,134 | -€9,538 | -81.7% |
| Suppliers | 440/4 | €11,672 | €2,134 | -€9,538 | -81.7% |
| Taxes, remuneration and social security | 45 | €22,552 | €32,435 | +€9,883 | +43.8% |
| Taxes | 450/3 | €22,552 | €32,435 | +€9,883 | +43.8% |
| Other amounts payable | 47/48 | €13,161 | - | -€13,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,364 | €30,469 | -€895 | -2.9% |
| Other operating charges | 640/8 | €27,071 | €6,100 | -€20,971 | -77.5% |
| Gross operating margin | 9900 | €96,852 | €85,048 | -€11,804 | -12.2% |
| Operating profit (loss) | 9901 | €38,417 | €48,479 | +€10,062 | +26.2% |
| Financial charges | 65/66B | €11,624 | €8,370 | -€3,254 | -28.0% |
| Recurring financial charges | 65 | €11,624 | €8,370 | -€3,254 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €26,793 | €40,109 | +€13,316 | +49.7% |
| Income taxes | 67/77 | €21,115 | €25,454 | +€4,339 | +20.5% |
| Profit (loss) for the period | 9904 | €5,678 | €14,655 | +€8,977 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €5,678 | €14,655 | +€8,977 | +158% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.