Vanda 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.
Vanda Consulting
Largest movements
- Receivables within one year +€12,285
up €12,285 (+43.9%), from €28,010 to €40,295
of which Trade receivables: +€10,974
- Cash -€3,423
down €3,423 (-6.2%), from €55,456 to €52,033
mainly Contributions, distributions and other (-€147,600) and Receivables within one year (-€12,285)
- Other debts +€76,170
up €76,170 (+2,692%), from €2,830 to €79,000
- Reserves -€68,575
down €68,575 (-99.8%), from €68,680 to €105
- Tax, wage and social debts +€1,854
up €1,854 (+20.5%), from €9,048 to €10,901
of which Taxes: +€1,854
- Gross operating margin +€12,914
up €12,914 (+15.0%), from €86,209 to €99,122
- Financial income -€1,334
down €1,334 (-100%), from €1,334 to €0
- Taxes +€1,263
up €1,263 (+6.9%), from €18,276 to €19,538
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 | €83,851 | €93,249 | +€9,398 | +11.2% |
| Fixed assets | 21/28 | €0 | €522 | +€522 | |
| Tangible fixed assets | 22/27 | €0 | €522 | +€522 | |
| Furniture and vehicles | 24 | €0 | €522 | +€522 | |
| Current assets | 29/58 | €83,851 | €92,727 | +€8,876 | +10.6% |
| Amounts receivable within one year | 40/41 | €28,010 | €40,295 | +€12,285 | +43.9% |
| Trade receivables | 40 | €25,810 | €36,784 | +€10,974 | +42.5% |
| Other amounts receivable | 41 | €2,200 | €3,511 | +€1,311 | +59.6% |
| Cash at bank and in hand | 54/58 | €55,456 | €52,033 | -€3,423 | -6.2% |
| Deferred charges and accrued income | 490/1 | €385 | €399 | +€14 | +3.7% |
| Total equity and liabilities | 10/49 | €83,851 | €93,249 | +€9,398 | +11.2% |
| Equity | 10/15 | €70,782 | €2,105 | -€68,677 | -97.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,680 | €105 | -€68,575 | -99.8% |
| Distributable reserves | 133 | €68,680 | €105 | -€68,575 | -99.8% |
| Profit (loss) carried forward | 14 | €102 | €0 | -€102 | -100% |
| Amounts payable | 17/49 | €13,069 | €91,144 | +€78,075 | +597% |
| Amounts payable within one year | 42/48 | €13,069 | €91,144 | +€78,075 | +597% |
| Trade debts | 44 | €1,191 | €1,243 | +€52 | +4.3% |
| Suppliers | 440/4 | €1,191 | €1,243 | +€52 | +4.3% |
| Taxes, remuneration and social security | 45 | €9,048 | €10,901 | +€1,854 | +20.5% |
| Taxes | 450/3 | €9,048 | €10,901 | +€1,854 | +20.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,830 | €79,000 | +€76,170 | +2,692% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €221 | +€65 | +41.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €86,209 | €99,122 | +€12,914 | +15.0% |
| Operating profit (loss) | 9901 | €85,665 | €98,502 | +€12,837 | +15.0% |
| Financial income | 75/76B | €1,334 | €0 | -€1,334 | -100% |
| Recurring financial income | 75 | €1,334 | €0 | -€1,334 | -100% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €86,956 | €98,461 | +€11,506 | +13.2% |
| Income taxes | 67/77 | €18,276 | €19,538 | +€1,263 | +6.9% |
| Profit (loss) for the period | 9904 | €68,680 | €78,923 | +€10,243 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,680 | €78,923 | +€10,243 | +14.9% |
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 16 October 2026 via checked.be.