Vanhaelen 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.
Vanhaelen Consulting
Largest movements
- Cash +€83,176
up €83,176 (+39.1%), from €212,900 to €296,076
mainly Other debts (+€280,000) and Net result for the year (+€64,296)
- Receivables within one year -€21,178
down €21,178 (-46.9%), from €45,172 to €23,994
of which Trade receivables: -€21,178
- Other debts +€280,000
up €280,000 (+255,614%), from €110 to €280,110
- Profit (loss) carried forward -€215,704
down €215,704 (-97.3%), from €221,711 to €6,008
- Tax, wage and social debts -€3,556
down €3,556 (-10.1%), from €35,195 to €31,639
of which Taxes: -€3,798
- Gross operating margin -€34,620
down €34,620 (-29.4%), from €117,926 to €83,306
- Taxes -€7,778
down €7,778 (-31.9%), from €24,375 to €16,598
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 | €260,763 | €321,800 | +€61,038 | +23.4% |
| Fixed assets | 21/28 | €1,949 | €1,731 | -€218 | -11.2% |
| Tangible fixed assets | 22/27 | €1,949 | €1,731 | -€218 | -11.2% |
| Plant, machinery and equipment | 23 | €1,949 | €1,731 | -€218 | -11.2% |
| Current assets | 29/58 | €258,814 | €320,070 | +€61,256 | +23.7% |
| Amounts receivable within one year | 40/41 | €45,172 | €23,994 | -€21,178 | -46.9% |
| Trade receivables | 40 | €38,172 | €16,994 | -€21,178 | -55.5% |
| Other amounts receivable | 41 | €7,000 | €7,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €212,900 | €296,076 | +€83,176 | +39.1% |
| Deferred charges and accrued income | 490/1 | €742 | - | -€742 | |
| Total equity and liabilities | 10/49 | €260,763 | €321,800 | +€61,038 | +23.4% |
| Equity | 10/15 | €223,711 | €8,008 | -€215,704 | -96.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,711 | €6,008 | -€215,704 | -97.3% |
| Amounts payable | 17/49 | €37,051 | €313,793 | +€276,741 | +747% |
| Amounts payable within one year | 42/48 | €37,051 | €313,793 | +€276,741 | +747% |
| Trade debts | 44 | €1,747 | €2,044 | +€297 | +17.0% |
| Suppliers | 440/4 | €1,747 | €2,044 | +€297 | +17.0% |
| Taxes, remuneration and social security | 45 | €35,195 | €31,639 | -€3,556 | -10.1% |
| Taxes | 450/3 | €35,028 | €31,230 | -€3,798 | -10.8% |
| Remuneration and social security | 454/9 | €167 | €409 | +€242 | +145% |
| Other amounts payable | 47/48 | €110 | €280,110 | +€280,000 | +255,614% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218 | €218 | = | 0.0% |
| Other operating charges | 640/8 | €442 | €162 | -€280 | -63.4% |
| Gross operating margin | 9900 | €117,926 | €83,306 | -€34,620 | -29.4% |
| Operating profit (loss) | 9901 | €117,266 | €82,926 | -€34,340 | -29.3% |
| Financial charges | 65/66B | €1,785 | €2,032 | +€246 | +13.8% |
| Recurring financial charges | 65 | €1,785 | €2,032 | +€246 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €115,480 | €80,894 | -€34,586 | -29.9% |
| Income taxes | 67/77 | €24,375 | €16,598 | -€7,778 | -31.9% |
| Profit (loss) for the period | 9904 | €91,105 | €64,296 | -€26,808 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,105 | €64,296 | -€26,808 | -29.4% |
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 28 October 2026 via checked.be.