VARETO 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.
VARETO CONSULTING
Largest movements
- Cash +€60,303
up €60,303 (+280%), from €21,528 to €81,831
mainly Net result for the year (+€62,059) and Tax, wage and social debts (+€7,143)
- Deferred charges and accrued income +€2,668
up €2,668 (+2,410%), from €111 to €2,778
- Formation expenses -€2,182
down €2,182 (-100%), from €2,182 to €0
- Tangible fixed assets +€1,720
up €1,720 (+22.2%), from €7,755 to €9,475
of which Other tangible fixed assets: +€1,039
- Receivables within one year -€1,315
down €1,315 (-8.9%), from €14,698 to €13,383
of which Trade receivables: -€2,658
- Reserves +€60,393
up €60,393 (+257%), from €23,489 to €83,882
- Tax, wage and social debts +€7,143
up €7,143 (+75.3%), from €9,480 to €16,623
- Debts after one year -€6,065
down €6,065 (-100%), from €6,065 to €0
- Gross operating margin +€48,030
up €48,030 (+136%), from €35,310 to €83,340
- Taxes +€7,441
up €7,441 (+86.7%), from €8,584 to €16,025
- Depreciation +€3,572
up €3,572 (+315%), from €1,133 to €4,706
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 | €46,274 | €107,467 | +€61,194 | +132% |
| Formation expenses | 20 | €2,182 | €0 | -€2,182 | -100% |
| Fixed assets | 21/28 | €7,755 | €9,475 | +€1,720 | +22.2% |
| Tangible fixed assets | 22/27 | €7,755 | €9,475 | +€1,720 | +22.2% |
| Plant, machinery and equipment | 23 | €2,397 | €2,393 | -€4 | -0.2% |
| Furniture and vehicles | 24 | €5,357 | €6,043 | +€685 | +12.8% |
| Other tangible fixed assets | 26 | - | €1,039 | +€1,039 | |
| Current assets | 29/58 | €36,337 | €97,993 | +€61,656 | +170% |
| Amounts receivable within one year | 40/41 | €14,698 | €13,383 | -€1,315 | -8.9% |
| Trade receivables | 40 | €14,698 | €12,041 | -€2,658 | -18.1% |
| Other amounts receivable | 41 | - | €1,343 | +€1,343 | |
| Cash at bank and in hand | 54/58 | €21,528 | €81,831 | +€60,303 | +280% |
| Deferred charges and accrued income | 490/1 | €111 | €2,778 | +€2,668 | +2,410% |
| Total equity and liabilities | 10/49 | €46,274 | €107,467 | +€61,194 | +132% |
| Equity | 10/15 | €28,489 | €88,882 | +€60,393 | +212% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,489 | €83,882 | +€60,393 | +257% |
| Distributable reserves | 133 | €23,489 | €83,882 | +€60,393 | +257% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,784 | €18,585 | +€801 | +4.5% |
| Amounts payable after more than one year | 17 | €6,065 | €0 | -€6,065 | -100% |
| Other amounts payable | 178/9 | €6,065 | €0 | -€6,065 | -100% |
| Amounts payable within one year | 42/48 | €11,720 | €18,585 | +€6,865 | +58.6% |
| Trade debts | 44 | €574 | €296 | -€278 | -48.4% |
| Suppliers | 440/4 | €574 | €296 | -€278 | -48.4% |
| Taxes, remuneration and social security | 45 | €9,480 | €16,623 | +€7,143 | +75.3% |
| Taxes | 450/3 | €9,480 | €16,623 | +€7,143 | +75.3% |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,133 | €4,706 | +€3,572 | +315% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €35,310 | €83,340 | +€48,030 | +136% |
| Operating profit (loss) | 9901 | €33,790 | €78,235 | +€44,445 | +132% |
| Financial charges | 65/66B | €50 | €151 | +€101 | +201% |
| Recurring financial charges | 65 | €50 | €151 | +€101 | +201% |
| Profit (loss) for the period before taxes | 9903 | €33,740 | €78,084 | +€44,345 | +131% |
| Income taxes | 67/77 | €8,584 | €16,025 | +€7,441 | +86.7% |
| Profit (loss) for the period | 9904 | €25,155 | €62,059 | +€36,903 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €25,155 | €62,059 | +€36,903 | +147% |
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 26 October 2026 via checked.be.