VAM 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.
VAM Consulting
Largest movements
- Cash -€83,781
down €83,781 (-46.5%), from €180,278 to €96,498
mainly Contributions, distributions and other (-€229,067) and Tax, wage and social debts (-€25,187)
- Current investments -€75,100
no longer reported in 2025 (was €75,100)
- Profit (loss) carried forward -€214,123
down €214,123 (-93.5%), from €229,067 to €14,944
- Other debts +€80,391
up €80,391 (+1,923%), from €4,181 to €84,572
- Tax, wage and social debts -€25,187
no longer reported in 2025 (was €25,187)
- Financial income +€19,321
up €19,321 (+321%), from €6,023 to €25,343
- Gross operating margin -€2,287
down €2,287 (-32.1%), from -€7,131 to -€9,418
- Financial charges +€116
up €116 (+249%), from €46 to €162
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 | €261,251 | €101,637 | -€159,614 | -61.1% |
| Fixed assets | 21/28 | €2,039 | €1,405 | -€635 | -31.1% |
| Tangible fixed assets | 22/27 | €2,039 | €1,405 | -€635 | -31.1% |
| Other tangible fixed assets | 26 | €2,039 | €1,405 | -€635 | -31.1% |
| Current assets | 29/58 | €259,212 | €100,232 | -€158,980 | -61.3% |
| Amounts receivable within one year | 40/41 | €3,833 | €3,734 | -€99 | -2.6% |
| Trade receivables | 40 | €550 | - | -€550 | |
| Other amounts receivable | 41 | €3,283 | €3,734 | +€451 | +13.7% |
| Current investments | 50/53 | €75,100 | - | -€75,100 | |
| Cash at bank and in hand | 54/58 | €180,278 | €96,498 | -€83,781 | -46.5% |
| Total equity and liabilities | 10/49 | €261,251 | €101,637 | -€159,614 | -61.1% |
| Equity | 10/15 | €231,067 | €16,944 | -€214,123 | -92.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,067 | €14,944 | -€214,123 | -93.5% |
| Amounts payable | 17/49 | €30,184 | €84,693 | +€54,509 | +181% |
| Amounts payable within one year | 42/48 | €30,184 | €84,693 | +€54,509 | +181% |
| Trade debts | 44 | €816 | €121 | -€695 | -85.2% |
| Suppliers | 440/4 | €816 | €121 | -€695 | -85.2% |
| Taxes, remuneration and social security | 45 | €25,187 | - | -€25,187 | |
| Taxes | 450/3 | €25,187 | - | -€25,187 | |
| Other amounts payable | 47/48 | €4,181 | €84,572 | +€80,391 | +1,923% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €635 | €635 | = | 0.0% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | -€7,131 | -€9,418 | -€2,287 | -32.1% |
| Operating profit (loss) | 9901 | -€7,947 | -€10,238 | -€2,291 | -28.8% |
| Financial income | 75/76B | €6,023 | €25,343 | +€19,321 | +321% |
| Recurring financial income | 75 | €6,023 | €25,343 | +€19,321 | +321% |
| Financial charges | 65/66B | €46 | €162 | +€116 | +249% |
| Recurring financial charges | 65 | €46 | €162 | +€116 | +249% |
| Profit (loss) for the period before taxes | 9903 | -€1,970 | €14,943 | +€16,914 | |
| Income taxes | 67/77 | - | -€0 | -€0 | |
| Profit (loss) for the period | 9904 | -€1,970 | €14,944 | +€16,914 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,970 | €14,944 | +€16,914 |
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 30 October 2026 via checked.be.