VADIM 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.
VADIM CONSULT
Largest movements
- Financial fixed assets +€77,208
up €77,208 (+121%), from €64,000 to €141,208
- Cash +€8,441
up €8,441 (+13.8%), from €61,332 to €69,773
mainly Net result for the year (+€85,598) and Trade debts (+€4,748)
- Deferred charges and accrued income -€2,702
no longer reported in 2025 (was €2,702)
- Profit (loss) carried forward +€85,598
up €85,598 (+87.2%), from €98,208 to €183,806
- Tax, wage and social debts -€6,569
down €6,569 (-25.1%), from €26,185 to €19,617
- Trade debts +€4,748
up €4,748 (+851%), from €558 to €5,306
- Gross operating margin +€30,521
up €30,521 (+40.0%), from €76,322 to €106,844
- Taxes +€8,574
up €8,574 (+52.0%), from €16,492 to €25,066
- Financial income +€1,531
up €1,531 (+58.8%), from €2,604 to €4,135
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 | €128,234 | €212,253 | +€84,019 | +65.5% |
| Fixed assets | 21/28 | €64,000 | €141,208 | +€77,208 | +121% |
| Financial fixed assets | 28 | €64,000 | €141,208 | +€77,208 | +121% |
| Current assets | 29/58 | €64,234 | €71,045 | +€6,810 | +10.6% |
| Amounts receivable within one year | 40/41 | €201 | €1,271 | +€1,071 | +534% |
| Trade receivables | 40 | - | €1,271 | +€1,271 | |
| Other amounts receivable | 41 | €201 | - | -€201 | |
| Cash at bank and in hand | 54/58 | €61,332 | €69,773 | +€8,441 | +13.8% |
| Deferred charges and accrued income | 490/1 | €2,702 | - | -€2,702 | |
| Total equity and liabilities | 10/49 | €128,234 | €212,253 | +€84,019 | +65.5% |
| Equity | 10/15 | €101,208 | €186,806 | +€85,598 | +84.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,208 | €183,806 | +€85,598 | +87.2% |
| Amounts payable | 17/49 | €27,026 | €25,447 | -€1,580 | -5.8% |
| Amounts payable within one year | 42/48 | €27,026 | €25,447 | -€1,580 | -5.8% |
| Trade debts | 44 | €558 | €5,306 | +€4,748 | +851% |
| Suppliers | 440/4 | €558 | €5,306 | +€4,748 | +851% |
| Taxes, remuneration and social security | 45 | €26,185 | €19,617 | -€6,569 | -25.1% |
| Taxes | 450/3 | €26,185 | €19,617 | -€6,569 | -25.1% |
| Other amounts payable | 47/48 | €283 | €524 | +€241 | +85.0% |
| Other operating charges | 640/8 | €13 | - | -€13 | |
| Gross operating margin | 9900 | €76,322 | €106,844 | +€30,521 | +40.0% |
| Operating profit (loss) | 9901 | €76,309 | €106,844 | +€30,534 | +40.0% |
| Financial income | 75/76B | €2,604 | €4,135 | +€1,531 | +58.8% |
| Recurring financial income | 75 | €2,604 | €4,135 | +€1,531 | +58.8% |
| Financial charges | 65/66B | €956 | €315 | -€641 | -67.1% |
| Recurring financial charges | 65 | €956 | €315 | -€641 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €77,958 | €110,664 | +€32,706 | +42.0% |
| Income taxes | 67/77 | €16,492 | €25,066 | +€8,574 | +52.0% |
| Profit (loss) for the period | 9904 | €61,466 | €85,598 | +€24,132 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,466 | €85,598 | +€24,132 | +39.3% |
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 16 October 2026 via checked.be.