Van Bortel 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 Bortel Consulting
Largest movements
- Cash +€25,839
up €25,839 (+68.6%), from €37,670 to €63,509
mainly Net result for the year (+€63,918) and Receivables within one year (+€15,325)
- Receivables within one year -€15,325
down €15,325 (-54.1%), from €28,304 to €12,979
of which Trade receivables: -€15,351
- Tangible fixed assets -€939
down €939 (-12.4%), from €7,602 to €6,663
of which Furniture and vehicles: -€1,815
- Other debts +€6,289
up €6,289 (+10.8%), from €58,111 to €64,400
- Tax, wage and social debts +€3,526
up €3,526 (+33.1%), from €10,639 to €14,165
- Gross operating margin +€13,835
up €13,835 (+18.3%), from €75,491 to €89,326
- Taxes +€6,989
up €6,989 (+45.5%), from €15,373 to €22,362
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 | €73,777 | €83,592 | +€9,816 | +13.3% |
| Fixed assets | 21/28 | €7,602 | €6,663 | -€939 | -12.4% |
| Tangible fixed assets | 22/27 | €7,602 | €6,663 | -€939 | -12.4% |
| Plant, machinery and equipment | 23 | €459 | €1,336 | +€876 | +191% |
| Furniture and vehicles | 24 | €7,143 | €5,327 | -€1,815 | -25.4% |
| Current assets | 29/58 | €66,174 | €76,929 | +€10,755 | +16.3% |
| Amounts receivable within one year | 40/41 | €28,304 | €12,979 | -€15,325 | -54.1% |
| Trade receivables | 40 | €28,304 | €12,953 | -€15,351 | -54.2% |
| Other amounts receivable | 41 | - | €26 | +€26 | |
| Cash at bank and in hand | 54/58 | €37,670 | €63,509 | +€25,839 | +68.6% |
| Deferred charges and accrued income | 490/1 | €200 | €441 | +€241 | +121% |
| Total equity and liabilities | 10/49 | €73,777 | €83,592 | +€9,816 | +13.3% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €68,777 | €78,592 | +€9,816 | +14.3% |
| Amounts payable within one year | 42/48 | €68,777 | €78,592 | +€9,816 | +14.3% |
| Trade debts | 44 | €27 | €28 | +€1 | +2.2% |
| Suppliers | 440/4 | €27 | €28 | +€1 | +2.2% |
| Taxes, remuneration and social security | 45 | €10,639 | €14,165 | +€3,526 | +33.1% |
| Taxes | 450/3 | €10,639 | €14,165 | +€3,526 | +33.1% |
| Other amounts payable | 47/48 | €58,111 | €64,400 | +€6,289 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,033 | €2,435 | +€401 | +19.7% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €75,491 | €89,326 | +€13,835 | +18.3% |
| Operating profit (loss) | 9901 | €72,889 | €86,306 | +€13,418 | +18.4% |
| Financial income | 75/76B | €94 | €15 | -€79 | -84.5% |
| Recurring financial income | 75 | €94 | €15 | -€79 | -84.5% |
| Financial charges | 65/66B | €80 | €41 | -€40 | -49.2% |
| Recurring financial charges | 65 | €80 | €41 | -€40 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €72,902 | €86,280 | +€13,378 | +18.4% |
| Income taxes | 67/77 | €15,373 | €22,362 | +€6,989 | +45.5% |
| Profit (loss) for the period | 9904 | €57,529 | €63,918 | +€6,389 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,529 | €63,918 | +€6,389 | +11.1% |
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 20 October 2026 via checked.be.