Van Bael 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.
Van Bael Consulting
Largest movements
- Cash +€179,458
up €179,458 (+63.2%), from €283,881 to €463,339
mainly Other debts (+€400,017) and Net result for the year (+€143,454)
- Tangible fixed assets -€37,922
down €37,922 (-5.2%), from €724,462 to €686,540
of which Furniture and vehicles: -€20,144
- Current investments +€36,140
up €36,140 (+241%), from €15,000 to €51,140
- Receivables within one year -€17,993
down €17,993 (-33.6%), from €53,615 to €35,622
of which Trade receivables: -€18,449
- Other debts +€400,017
up €400,017 (+118%), from €338,757 to €738,774
- Profit (loss) carried forward -€253,546
down €253,546 (-35.6%), from €712,103 to €458,557
- Gross operating margin -€25,587
down €25,587 (-10.0%), from €254,801 to €229,213
- Taxes -€8,268
down €8,268 (-16.3%), from €50,875 to €42,607
- Depreciation +€3,364
up €3,364 (+9.5%), from €35,586 to €38,950
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 | €1,080,381 | €1,240,268 | +€159,887 | +14.8% |
| Fixed assets | 21/28 | €724,462 | €686,540 | -€37,922 | -5.2% |
| Tangible fixed assets | 22/27 | €724,462 | €686,540 | -€37,922 | -5.2% |
| Land and buildings | 22 | €6,420 | €4,961 | -€1,459 | -22.7% |
| Furniture and vehicles | 24 | €83,304 | €63,160 | -€20,144 | -24.2% |
| Other tangible fixed assets | 26 | €634,738 | €618,419 | -€16,319 | -2.6% |
| Current assets | 29/58 | €355,919 | €553,728 | +€197,809 | +55.6% |
| Amounts receivable within one year | 40/41 | €53,615 | €35,622 | -€17,993 | -33.6% |
| Trade receivables | 40 | €43,760 | €25,311 | -€18,449 | -42.2% |
| Other amounts receivable | 41 | €9,855 | €10,311 | +€456 | +4.6% |
| Current investments | 50/53 | €15,000 | €51,140 | +€36,140 | +241% |
| Cash at bank and in hand | 54/58 | €283,881 | €463,339 | +€179,458 | +63.2% |
| Deferred charges and accrued income | 490/1 | €3,423 | €3,628 | +€205 | +6.0% |
| Total equity and liabilities | 10/49 | €1,080,381 | €1,240,268 | +€159,887 | +14.8% |
| Equity | 10/15 | €734,412 | €487,066 | -€247,346 | -33.7% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €9,910 | €9,910 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,050 | €8,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €712,103 | €458,557 | -€253,546 | -35.6% |
| Amounts payable | 17/49 | €345,969 | €753,202 | +€407,233 | +118% |
| Amounts payable within one year | 42/48 | €345,969 | €753,202 | +€407,233 | +118% |
| Financial debts | 43 | €927 | €2,138 | +€1,211 | +131% |
| Credit institutions | 430/8 | €927 | €2,138 | +€1,211 | +131% |
| Trade debts | 44 | €306 | €4,903 | +€4,597 | +1,503% |
| Suppliers | 440/4 | €306 | €4,903 | +€4,597 | +1,503% |
| Taxes, remuneration and social security | 45 | €5,980 | €7,387 | +€1,407 | +23.5% |
| Taxes | 450/3 | €5,980 | €4,407 | -€1,573 | -26.3% |
| Remuneration and social security | 454/9 | - | €2,980 | +€2,980 | |
| Other amounts payable | 47/48 | €338,757 | €738,774 | +€400,017 | +118% |
| Non-recurring operating income | 76A | €12,203 | - | -€12,203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,586 | €38,950 | +€3,364 | +9.5% |
| Other operating charges | 640/8 | €3,835 | €4,140 | +€305 | +8.0% |
| Gross operating margin | 9900 | €254,801 | €229,213 | -€25,587 | -10.0% |
| Operating profit (loss) | 9901 | €215,380 | €186,123 | -€29,257 | -13.6% |
| Financial income | 75/76B | €16 | €140 | +€124 | +774% |
| Recurring financial income | 75 | €16 | €140 | +€124 | +774% |
| Financial charges | 65/66B | €512 | €202 | -€310 | -60.6% |
| Recurring financial charges | 65 | €512 | €202 | -€310 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | €214,884 | €186,061 | -€28,823 | -13.4% |
| Income taxes | 67/77 | €50,875 | €42,607 | -€8,268 | -16.3% |
| Profit (loss) for the period | 9904 | €164,008 | €143,454 | -€20,555 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €164,008 | €143,454 | -€20,555 | -12.5% |
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 27 October 2026 via checked.be.