Vanthuyne 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.
Vanthuyne Consultancy
Largest movements
- Tangible fixed assets -€14,246
down €14,246 (-24.4%), from €58,386 to €44,140
- Current investments +€5,000
up €5,000 (+6.3%), from €80,000 to €85,000
- Deferred charges and accrued income +€2,225
new in 2025: €2,225
- Cash -€2,211
down €2,211 (-22.6%), from €9,765 to €7,554
mainly Debts after one year (-€20,615) and Current investments (-€5,000)
- Receivables within one year -€2,020
down €2,020 (-51.5%), from €3,925 to €1,905
of which Trade receivables: -€2,020
- Debts after one year -€20,615
down €20,615 (-85.5%), from €24,125 to €3,510
- Reserves +€7,637
up €7,637 (+8.5%), from €89,355 to €96,991
- Tax, wage and social debts -€3,053
down €3,053 (-48.9%), from €6,242 to €3,189
- Trade debts +€2,521
up €2,521 (+826%), from €305 to €2,826
- Financial income -€1,649
down €1,649 (-60.2%), from €2,740 to €1,090
- Depreciation +€1,401
up €1,401 (+10.9%), from €12,845 to €14,246
- Gross operating margin +€1,287
up €1,287 (+4.7%), from €27,425 to €28,713
- Taxes +€566
up €566 (+12.1%), from €4,686 to €5,253
- Financial charges -€312
down €312 (-17.6%), from €1,770 to €1,458
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 | €152,076 | €140,824 | -€11,252 | -7.4% |
| Fixed assets | 21/28 | €58,386 | €44,140 | -€14,246 | -24.4% |
| Tangible fixed assets | 22/27 | €58,386 | €44,140 | -€14,246 | -24.4% |
| Furniture and vehicles | 24 | €58,386 | €44,140 | -€14,246 | -24.4% |
| Current assets | 29/58 | €93,690 | €96,684 | +€2,994 | +3.2% |
| Amounts receivable within one year | 40/41 | €3,925 | €1,905 | -€2,020 | -51.5% |
| Trade receivables | 40 | €3,920 | €1,900 | -€2,020 | -51.5% |
| Other amounts receivable | 41 | €5 | €5 | = | 0.0% |
| Current investments | 50/53 | €80,000 | €85,000 | +€5,000 | +6.3% |
| Cash at bank and in hand | 54/58 | €9,765 | €7,554 | -€2,211 | -22.6% |
| Deferred charges and accrued income | 490/1 | - | €2,225 | +€2,225 | |
| Total equity and liabilities | 10/49 | €152,076 | €140,824 | -€11,252 | -7.4% |
| Equity | 10/15 | €94,355 | €101,991 | +€7,637 | +8.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,355 | €96,991 | +€7,637 | +8.5% |
| Distributable reserves | 133 | €89,355 | €96,991 | +€7,637 | +8.5% |
| Amounts payable | 17/49 | €57,721 | €38,832 | -€18,889 | -32.7% |
| Amounts payable after more than one year | 17 | €24,125 | €3,510 | -€20,615 | -85.5% |
| Financial debts | 170/4 | €24,125 | €3,510 | -€20,615 | -85.5% |
| Amounts payable within one year | 42/48 | €33,596 | €35,322 | +€1,726 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €19,868 | €20,615 | +€747 | +3.8% |
| Trade debts | 44 | €305 | €2,826 | +€2,521 | +826% |
| Suppliers | 440/4 | €305 | €2,826 | +€2,521 | +826% |
| Taxes, remuneration and social security | 45 | €6,242 | €3,189 | -€3,053 | -48.9% |
| Taxes | 450/3 | €6,242 | €3,189 | -€3,053 | -48.9% |
| Other amounts payable | 47/48 | €7,181 | €8,692 | +€1,511 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,845 | €14,246 | +€1,401 | +10.9% |
| Other operating charges | 640/8 | €1,179 | €1,210 | +€31 | +2.7% |
| Gross operating margin | 9900 | €27,425 | €28,713 | +€1,287 | +4.7% |
| Operating profit (loss) | 9901 | €13,402 | €13,257 | -€145 | -1.1% |
| Financial income | 75/76B | €2,740 | €1,090 | -€1,649 | -60.2% |
| Recurring financial income | 75 | €2,740 | €1,090 | -€1,649 | -60.2% |
| Financial charges | 65/66B | €1,770 | €1,458 | -€312 | -17.6% |
| Recurring financial charges | 65 | €1,770 | €1,458 | -€312 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €14,372 | €12,889 | -€1,483 | -10.3% |
| Income taxes | 67/77 | €4,686 | €5,253 | +€566 | +12.1% |
| Profit (loss) for the period | 9904 | €9,686 | €7,637 | -€2,049 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,686 | €7,637 | -€2,049 | -21.2% |
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 24 October 2026 via checked.be.