Vanhove Consulting Services: 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.
Vanhove Consulting Services
Largest movements
- Cash +€174,592
up €174,592 (+231%), from €75,714 to €250,306
mainly Other debts (+€232,716) and Current investments (+€110,000)
- Current investments -€110,000
no longer reported in 2025 (was €110,000)
- Receivables within one year -€11,507
no longer reported in 2025 (was €11,507)
- Other debts +€232,716
up €232,716 (+81,472%), from €286 to €233,002
- Profit (loss) carried forward -€166,783
no longer reported in 2025 (was €166,783)
- Tax, wage and social debts -€15,829
down €15,829 (-33.2%), from €47,666 to €31,838
of which Taxes: -€15,829
- Gross operating margin -€17,029
down €17,029 (-15.6%), from €109,203 to €92,174
- Depreciation +€6,455
up €6,455 (+328%), from €1,970 to €8,425
- Taxes -€6,119
down €6,119 (-25.5%), from €24,004 to €17,885
- Financial income -€4,447
no longer reported in 2025 (was €4,447)
- Other operating charges -€2,244
down €2,244 (-92.4%), from €2,427 to €183
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 | €217,134 | €267,514 | +€50,380 | +23.2% |
| Fixed assets | 21/28 | €19,613 | €17,208 | -€2,405 | -12.3% |
| Tangible fixed assets | 22/27 | €19,613 | €17,208 | -€2,405 | -12.3% |
| Plant, machinery and equipment | 23 | €571 | €211 | -€361 | -63.1% |
| Furniture and vehicles | 24 | €19,041 | €12,158 | -€6,884 | -36.2% |
| Other tangible fixed assets | 26 | - | €4,840 | +€4,840 | |
| Current assets | 29/58 | €197,521 | €250,306 | +€52,785 | +26.7% |
| Amounts receivable within one year | 40/41 | €11,507 | - | -€11,507 | |
| Trade receivables | 40 | €11,507 | - | -€11,507 | |
| Current investments | 50/53 | €110,000 | - | -€110,000 | |
| Cash at bank and in hand | 54/58 | €75,714 | €250,306 | +€174,592 | +231% |
| Deferred charges and accrued income | 490/1 | €300 | - | -€300 | |
| Total equity and liabilities | 10/49 | €217,134 | €267,514 | +€50,380 | +23.2% |
| Equity | 10/15 | €168,783 | €2,000 | -€166,783 | -98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,783 | - | -€166,783 | |
| Amounts payable | 17/49 | €48,351 | €265,514 | +€217,164 | +449% |
| Amounts payable within one year | 42/48 | €48,351 | €264,839 | +€216,489 | +448% |
| Trade debts | 44 | €399 | - | -€399 | |
| Suppliers | 440/4 | €399 | - | -€399 | |
| Taxes, remuneration and social security | 45 | €47,666 | €31,838 | -€15,829 | -33.2% |
| Taxes | 450/3 | €46,266 | €30,438 | -€15,829 | -34.2% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €286 | €233,002 | +€232,716 | +81,472% |
| Accrued charges and deferred income | 492/3 | - | €675 | +€675 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,970 | €8,425 | +€6,455 | +328% |
| Other operating charges | 640/8 | €2,427 | €183 | -€2,244 | -92.4% |
| Gross operating margin | 9900 | €109,203 | €92,174 | -€17,029 | -15.6% |
| Operating profit (loss) | 9901 | €104,805 | €83,565 | -€21,240 | -20.3% |
| Financial income | 75/76B | €4,447 | - | -€4,447 | |
| Recurring financial income | 75 | €4,447 | - | -€4,447 | |
| Financial charges | 65/66B | €138 | €161 | +€23 | +16.5% |
| Recurring financial charges | 65 | €138 | €161 | +€23 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €109,114 | €83,404 | -€25,709 | -23.6% |
| Income taxes | 67/77 | €24,004 | €17,885 | -€6,119 | -25.5% |
| Profit (loss) for the period | 9904 | €85,110 | €65,520 | -€19,590 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,110 | €65,520 | -€19,590 | -23.0% |
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 29 October 2026 via checked.be.