VANHEGEN 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.
VANHEGEN CONSULTING
Largest movements
- Tangible fixed assets -€18,262
down €18,262 (-35.8%), from €51,082 to €32,820
of which Other tangible fixed assets: -€9,462
- Receivables within one year +€4,158
up €4,158 (+31.7%), from €13,096 to €17,254
of which Trade receivables: +€4,140
- Deferred charges and accrued income +€1,940
up €1,940 (+1,804%), from €108 to €2,047
- Debts after one year -€8,146
down €8,146 (-59.5%), from €13,701 to €5,556
- Other debts -€5,377
down €5,377 (-40.4%), from €13,308 to €7,931
- Tax, wage and social debts +€1,674
up €1,674 (+65.6%), from €2,553 to €4,227
- Gross operating margin +€10,775
up €10,775 (+68.0%), from €15,854 to €26,630
- Financial charges -€1,547
down €1,547 (-68.8%), from €2,249 to €702
- Depreciation +€692
up €692 (+2.8%), from €24,370 to €25,062
- Other operating charges -€591
down €591 (-31.1%), from €1,900 to €1,310
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 | €95,244 | €82,059 | -€13,185 | -13.8% |
| Fixed assets | 21/28 | €51,082 | €32,820 | -€18,262 | -35.8% |
| Tangible fixed assets | 22/27 | €51,082 | €32,820 | -€18,262 | -35.8% |
| Furniture and vehicles | 24 | €23,649 | €14,848 | -€8,800 | -37.2% |
| Other tangible fixed assets | 26 | €27,433 | €17,972 | -€9,462 | -34.5% |
| Current assets | 29/58 | €44,162 | €49,239 | +€5,077 | +11.5% |
| Amounts receivable after more than one year | 29 | €1,500 | €1,000 | -€500 | -33.3% |
| Other amounts receivable | 291 | €1,500 | €1,000 | -€500 | -33.3% |
| Amounts receivable within one year | 40/41 | €13,096 | €17,254 | +€4,158 | +31.7% |
| Trade receivables | 40 | €12,596 | €16,736 | +€4,140 | +32.9% |
| Other amounts receivable | 41 | €500 | €518 | +€18 | +3.5% |
| Cash at bank and in hand | 54/58 | €29,458 | €28,938 | -€520 | -1.8% |
| Deferred charges and accrued income | 490/1 | €108 | €2,047 | +€1,940 | +1,804% |
| Total equity and liabilities | 10/49 | €95,244 | €82,059 | -€13,185 | -13.8% |
| Equity | 10/15 | €42,902 | €42,580 | -€322 | -0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,298 | -€63,620 | -€322 | -0.5% |
| Amounts payable | 17/49 | €52,342 | €39,479 | -€12,863 | -24.6% |
| Amounts payable after more than one year | 17 | €13,701 | €5,556 | -€8,146 | -59.5% |
| Financial debts | 170/4 | €13,701 | €5,556 | -€8,146 | -59.5% |
| Amounts payable within one year | 42/48 | €37,347 | €33,334 | -€4,014 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €7,926 | €8,146 | +€220 | +2.8% |
| Trade debts | 44 | €1,121 | €1,227 | +€106 | +9.5% |
| Suppliers | 440/4 | €1,121 | €1,227 | +€106 | +9.5% |
| Advances received on contracts in progress | 46 | €12,439 | €11,803 | -€636 | -5.1% |
| Taxes, remuneration and social security | 45 | €2,553 | €4,227 | +€1,674 | +65.6% |
| Taxes | 450/3 | €2,553 | €4,227 | +€1,674 | +65.6% |
| Other amounts payable | 47/48 | €13,308 | €7,931 | -€5,377 | -40.4% |
| Accrued charges and deferred income | 492/3 | €1,293 | €590 | -€703 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,370 | €25,062 | +€692 | +2.8% |
| Other operating charges | 640/8 | €1,900 | €1,310 | -€591 | -31.1% |
| Gross operating margin | 9900 | €15,854 | €26,630 | +€10,775 | +68.0% |
| Operating profit (loss) | 9901 | -€10,416 | €258 | +€10,674 | |
| Financial income | 75/76B | €203 | €295 | +€92 | +45.4% |
| Recurring financial income | 75 | €203 | €295 | +€92 | +45.4% |
| Financial charges | 65/66B | €2,249 | €702 | -€1,547 | -68.8% |
| Recurring financial charges | 65 | €2,249 | €702 | -€1,547 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,462 | -€149 | +€12,313 | +98.8% |
| Income taxes | 67/77 | €173 | €173 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | -€12,635 | -€322 | +€12,313 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,635 | -€322 | +€12,313 | +97.5% |
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.