Vanderheyde Operational Consultancy: 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.
Vanderheyde Operational Consultancy
Largest movements
- Tangible fixed assets -€33,169
down €33,169 (-29.0%), from €114,347 to €81,178
of which Furniture and vehicles: -€32,504
- Current investments +€22,662
up €22,662 (+17.5%), from €129,174 to €151,835
- Cash +€10,411
up €10,411 (+12.4%), from €84,042 to €94,453
mainly Depreciation (+€33,169) and Trade debts (+€9,957)
- Debts after one year -€15,965
down €15,965 (-25.6%), from €62,400 to €46,435
- Trade debts +€9,957
up €9,957 (+195%), from €5,098 to €15,055
- Tax, wage and social debts +€8,196
up €8,196 (+110%), from €7,430 to €15,625
of which Remuneration and social security: +€7,899
- Current portion of long-term debt -€6,326
down €6,326 (-28.4%), from €22,291 to €15,965
- Profit (loss) carried forward +€6,166
up €6,166 (+2.6%), from €235,766 to €241,932
- Gross operating margin -€64,135
down €64,135 (-59.2%), from €108,323 to €44,188
- Taxes -€10,409
down €10,409 (-81.1%), from €12,842 to €2,433
- Financial charges -€6,510
down €6,510 (-55.7%), from €11,684 to €5,175
- Financial income +€4,069
up €4,069 (+641%), from €635 to €4,704
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 | €370,140 | €371,721 | +€1,580 | +0.4% |
| Fixed assets | 21/28 | €114,372 | €81,203 | -€33,169 | -29.0% |
| Tangible fixed assets | 22/27 | €114,347 | €81,178 | -€33,169 | -29.0% |
| Land and buildings | 22 | €539 | €307 | -€232 | -43.0% |
| Plant, machinery and equipment | 23 | €539 | €106 | -€433 | -80.4% |
| Furniture and vehicles | 24 | €113,269 | €80,765 | -€32,504 | -28.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €255,768 | €290,518 | +€34,749 | +13.6% |
| Stocks and contracts in progress | 3 | €642 | - | -€642 | |
| Stocks | 30/36 | €642 | - | -€642 | |
| Amounts receivable within one year | 40/41 | €39,696 | €41,914 | +€2,218 | +5.6% |
| Trade receivables | 40 | €32,963 | €25,587 | -€7,376 | -22.4% |
| Other amounts receivable | 41 | €6,733 | €16,326 | +€9,593 | +142% |
| Current investments | 50/53 | €129,174 | €151,835 | +€22,662 | +17.5% |
| Cash at bank and in hand | 54/58 | €84,042 | €94,453 | +€10,411 | +12.4% |
| Deferred charges and accrued income | 490/1 | €2,214 | €2,316 | +€101 | +4.6% |
| Total equity and liabilities | 10/49 | €370,140 | €371,721 | +€1,580 | +0.4% |
| Equity | 10/15 | €256,226 | €262,392 | +€6,166 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €235,766 | €241,932 | +€6,166 | +2.6% |
| Amounts payable | 17/49 | €113,915 | €109,329 | -€4,586 | -4.0% |
| Amounts payable after more than one year | 17 | €62,400 | €46,435 | -€15,965 | -25.6% |
| Financial debts | 170/4 | €62,400 | €46,435 | -€15,965 | -25.6% |
| Amounts payable within one year | 42/48 | €51,515 | €62,894 | +€11,379 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €22,291 | €15,965 | -€6,326 | -28.4% |
| Trade debts | 44 | €5,098 | €15,055 | +€9,957 | +195% |
| Suppliers | 440/4 | €5,098 | €15,055 | +€9,957 | +195% |
| Taxes, remuneration and social security | 45 | €7,430 | €15,625 | +€8,196 | +110% |
| Taxes | 450/3 | €4,821 | €5,117 | +€296 | +6.1% |
| Remuneration and social security | 454/9 | €2,609 | €10,509 | +€7,899 | +303% |
| Other amounts payable | 47/48 | €16,696 | €16,248 | -€448 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,051 | €33,169 | +€119 | +0.4% |
| Other operating charges | 640/8 | €2,424 | €1,949 | -€475 | -19.6% |
| Gross operating margin | 9900 | €108,323 | €44,188 | -€64,135 | -59.2% |
| Operating profit (loss) | 9901 | €72,849 | €9,070 | -€63,779 | -87.5% |
| Financial income | 75/76B | €635 | €4,704 | +€4,069 | +641% |
| Recurring financial income | 75 | €635 | €4,704 | +€4,069 | +641% |
| Financial charges | 65/66B | €11,684 | €5,175 | -€6,510 | -55.7% |
| Recurring financial charges | 65 | €11,684 | €5,175 | -€6,510 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €61,800 | €8,600 | -€53,200 | -86.1% |
| Income taxes | 67/77 | €12,842 | €2,433 | -€10,409 | -81.1% |
| Profit (loss) for the period | 9904 | €48,958 | €6,166 | -€42,791 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,958 | €6,166 | -€42,791 | -87.4% |
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 30 October 2026 via checked.be.