VADYCONSULT: what changed
Two fiscal 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.
VADYCONSULT
Largest movements
- Receivables after one year -€45,000
down €45,000 (-100.0%), from €45,000 to €0
- Current investments -€32,699
down €32,699 (-100.0%), from €32,699 to €0
- Cash -€25,813
down €25,813 (-72.4%), from €35,631 to €9,818
mainly Contributions, distributions and other (-€190,475) and Debts after one year (-€9,094)
- Tangible fixed assets -€11,345
down €11,345 (-36.6%), from €31,037 to €19,693
of which Furniture and vehicles: -€10,872
- Receivables within one year +€2,295
up €2,295 (+15.8%), from €14,511 to €16,806
of which Trade receivables: +€2,083
- Reserves -€123,990
down €123,990 (-100.0%), from €123,990 to €0
- Tax, wage and social debts +€14,573
up €14,573 (+304.2%), from €4,790 to €19,363
- Other debts +€10,459
up €10,459 (+241.3%), from €4,334 to €14,793
- Debts after one year -€9,094
down €9,094 (-100.0%), from €9,094 to €0
- Current portion of long-term debt -€2,878
down €2,878 (-24.0%), from €11,972 to €9,094
- Gross operating margin +€21,475
up €21,475 (+33.2%), from €64,744 to €86,219
- Financial income +€6,301
up €6,301 (+367.5%), from €1,714 to €8,015
- Taxes +€4,205
up €4,205 (+37.6%), from €11,195 to €15,400
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.
Cash bridge derived
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 | €158,878 | €46,316 | -€112,562 | -70.8% |
| Fixed assets | 21/28 | €31,037 | €19,693 | -€11,345 | -36.6% |
| Tangible fixed assets | 22/27 | €31,037 | €19,693 | -€11,345 | -36.6% |
| Plant, machinery and equipment | 23 | €875 | €403 | -€472 | -54.0% |
| Furniture and vehicles | 24 | €30,162 | €19,290 | -€10,872 | -36.0% |
| Current assets | 29/58 | €127,841 | €26,624 | -€101,217 | -79.2% |
| Amounts receivable after more than one year | 29 | €45,000 | €0 | -€45,000 | -100.0% |
| Other amounts receivable | 291 | €45,000 | €0 | -€45,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €14,511 | €16,806 | +€2,295 | +15.8% |
| Trade receivables | 40 | €12,935 | €15,018 | +€2,083 | +16.1% |
| Other amounts receivable | 41 | €1,575 | €1,788 | +€212 | +13.5% |
| Current investments | 50/53 | €32,699 | €0 | -€32,699 | -100.0% |
| Cash at bank and in hand | 54/58 | €35,631 | €9,818 | -€25,813 | -72.4% |
| Total equity and liabilities | 10/49 | €158,878 | €46,316 | -€112,562 | -70.8% |
| Equity | 10/15 | €126,990 | €3,000 | -€123,990 | -97.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €123,990 | €0 | -€123,990 | -100.0% |
| Distributable reserves | 133 | €123,990 | €0 | -€123,990 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €31,888 | €43,316 | +€11,428 | +35.8% |
| Amounts payable after more than one year | 17 | €9,094 | €0 | -€9,094 | -100.0% |
| Financial debts | 170/4 | €9,094 | €0 | -€9,094 | -100.0% |
| Amounts payable within one year | 42/48 | €22,794 | €43,316 | +€20,522 | +90.0% |
| Current portion of amounts payable after more than one year | 42 | €11,972 | €9,094 | -€2,878 | -24.0% |
| Trade debts | 44 | €1,698 | €66 | -€1,632 | -96.1% |
| Suppliers | 440/4 | €1,698 | €66 | -€1,632 | -96.1% |
| Taxes, remuneration and social security | 45 | €4,790 | €19,363 | +€14,573 | +304.2% |
| Taxes | 450/3 | €4,790 | €19,363 | +€14,573 | +304.2% |
| Other amounts payable | 47/48 | €4,334 | €14,793 | +€10,459 | +241.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,345 | €11,345 | = | 0.0% |
| Other operating charges | 640/8 | €633 | €691 | +€58 | +9.2% |
| Gross operating margin | 9900 | €64,744 | €86,219 | +€21,475 | +33.2% |
| Operating profit (loss) | 9901 | €52,767 | €74,183 | +€21,417 | +40.6% |
| Financial income | 75/76B | €1,714 | €8,015 | +€6,301 | +367.5% |
| Recurring financial income | 75 | €1,714 | €8,015 | +€6,301 | +367.5% |
| Financial charges | 65/66B | €521 | €314 | -€207 | -39.7% |
| Recurring financial charges | 65 | €521 | €314 | -€207 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €53,960 | €81,885 | +€27,925 | +51.8% |
| Income taxes | 67/77 | €11,195 | €15,400 | +€4,205 | +37.6% |
| Profit (loss) for the period | 9904 | €42,765 | €66,485 | +€23,720 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,765 | €66,485 | +€23,720 | +55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.