Van Key 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 Key Consulting
Largest movements
- Cash +€104,104
up €104,104 (+112%), from €93,023 to €197,128
mainly Net result for the year (+€68,957) and Accrued charges and deferred income (+€47,958)
- Tangible fixed assets -€32,855
down €32,855 (-15.4%), from €212,713 to €179,859
of which Land and buildings: -€23,296
- Accrued charges and deferred income +€47,958
up €47,958 (+14,433%), from €332 to €48,290
- Debts after one year -€15,878
down €15,878 (-59.7%), from €26,598 to €10,720
- Reserves +€13,664
up €13,664 (+3.1%), from €439,880 to €453,543
of which Distributable reserves: +€13,664
- Tax, wage and social debts +€13,659
up €13,659 (+77.0%), from €17,749 to €31,408
- Trade debts +€9,291
up €9,291 (+217%), from €4,281 to €13,572
- Gross operating margin -€13,057
down €13,057 (-8.5%), from €154,297 to €141,239
- Taxes -€5,859
down €5,859 (-16.9%), from €34,609 to €28,750
- Financial income -€2,432
down €2,432 (-47.0%), from €5,176 to €2,744
- Other operating charges +€1,804
up €1,804 (+105%), from €1,717 to €3,522
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 | €516,010 | €584,385 | +€68,376 | +13.3% |
| Fixed assets | 21/28 | €212,713 | €179,859 | -€32,855 | -15.4% |
| Tangible fixed assets | 22/27 | €212,713 | €179,859 | -€32,855 | -15.4% |
| Land and buildings | 22 | €152,800 | €129,503 | -€23,296 | -15.2% |
| Plant, machinery and equipment | 23 | €2,093 | €4,210 | +€2,117 | +101% |
| Furniture and vehicles | 24 | €57,820 | €46,145 | -€11,675 | -20.2% |
| Current assets | 29/58 | €303,296 | €404,526 | +€101,230 | +33.4% |
| Amounts receivable within one year | 40/41 | €4,924 | €0 | -€4,924 | -100% |
| Trade receivables | 40 | €4,924 | €0 | -€4,924 | -100% |
| Current investments | 50/53 | €205,115 | €206,794 | +€1,679 | +0.8% |
| Cash at bank and in hand | 54/58 | €93,023 | €197,128 | +€104,104 | +112% |
| Deferred charges and accrued income | 490/1 | €234 | €605 | +€371 | +158% |
| Total equity and liabilities | 10/49 | €516,010 | €584,385 | +€68,376 | +13.3% |
| Equity | 10/15 | €446,080 | €459,743 | +€13,664 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €439,880 | €453,543 | +€13,664 | +3.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €438,020 | €451,683 | +€13,664 | +3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,930 | €124,642 | +€54,712 | +78.2% |
| Amounts payable after more than one year | 17 | €26,598 | €10,720 | -€15,878 | -59.7% |
| Financial debts | 170/4 | €26,598 | €10,720 | -€15,878 | -59.7% |
| Amounts payable within one year | 42/48 | €43,000 | €65,632 | +€22,632 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €16,933 | €17,191 | +€257 | +1.5% |
| Financial debts | 43 | €870 | €0 | -€870 | -100% |
| Credit institutions | 430/8 | €870 | €0 | -€870 | -100% |
| Trade debts | 44 | €4,281 | €13,572 | +€9,291 | +217% |
| Suppliers | 440/4 | €4,281 | €13,572 | +€9,291 | +217% |
| Taxes, remuneration and social security | 45 | €17,749 | €31,408 | +€13,659 | +77.0% |
| Taxes | 450/3 | €17,749 | €31,408 | +€13,659 | +77.0% |
| Other amounts payable | 47/48 | €3,167 | €3,460 | +€294 | +9.3% |
| Accrued charges and deferred income | 492/3 | €332 | €48,290 | +€47,958 | +14,433% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,144 | €41,574 | +€430 | +1.0% |
| Other operating charges | 640/8 | €1,717 | €3,522 | +€1,804 | +105% |
| Gross operating margin | 9900 | €154,297 | €141,239 | -€13,057 | -8.5% |
| Operating profit (loss) | 9901 | €111,435 | €96,144 | -€15,291 | -13.7% |
| Financial income | 75/76B | €5,176 | €2,744 | -€2,432 | -47.0% |
| Recurring financial income | 75 | €5,176 | €2,744 | -€2,432 | -47.0% |
| Financial charges | 65/66B | €1,459 | €1,180 | -€278 | -19.1% |
| Recurring financial charges | 65 | €1,459 | €1,180 | -€278 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €115,153 | €97,707 | -€17,445 | -15.1% |
| Income taxes | 67/77 | €34,609 | €28,750 | -€5,859 | -16.9% |
| Profit (loss) for the period | 9904 | €80,544 | €68,957 | -€11,587 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,544 | €68,957 | -€11,587 | -14.4% |
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 13 October 2026 via checked.be.