VAT Advisory 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.
VAT Advisory Services
Largest movements
- Receivables within one year +€86,235
up €86,235 (+3,157%), from €2,731 to €88,966
of which Other amounts receivable: +€85,366
- Tangible fixed assets +€3,577
up €3,577 (+99.6%), from €3,591 to €7,168
of which Furniture and vehicles: +€2,298
- Other debts +€111,601
new in 2025: €111,601
- Profit (loss) carried forward -€34,059
no longer reported in 2025 (was €34,059)
- Tax, wage and social debts +€11,924
up €11,924 (+82.6%), from €14,433 to €26,356
- Gross operating margin +€102,090
up €102,090 (+220%), from €46,463 to €148,553
- Taxes +€22,691
up €22,691 (+240%), from €9,473 to €32,164
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 | €51,433 | €140,609 | +€89,177 | +173% |
| Fixed assets | 21/28 | €3,616 | €7,168 | +€3,552 | +98.2% |
| Tangible fixed assets | 22/27 | €3,591 | €7,168 | +€3,577 | +99.6% |
| Plant, machinery and equipment | 23 | €2,437 | €3,716 | +€1,279 | +52.5% |
| Furniture and vehicles | 24 | €1,154 | €3,452 | +€2,298 | +199% |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €47,817 | €133,441 | +€85,625 | +179% |
| Amounts receivable within one year | 40/41 | €2,731 | €88,966 | +€86,235 | +3,157% |
| Trade receivables | 40 | €652 | €1,521 | +€869 | +133% |
| Other amounts receivable | 41 | €2,079 | €87,445 | +€85,366 | +4,106% |
| Cash at bank and in hand | 54/58 | €42,985 | €43,685 | +€700 | +1.6% |
| Deferred charges and accrued income | 490/1 | €2,101 | €790 | -€1,311 | -62.4% |
| Total equity and liabilities | 10/49 | €51,433 | €140,609 | +€89,177 | +173% |
| Equity | 10/15 | €35,059 | €1,000 | -€34,059 | -97.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,059 | - | -€34,059 | |
| Amounts payable | 17/49 | €16,374 | €139,609 | +€123,235 | +753% |
| Amounts payable within one year | 42/48 | €16,374 | €139,609 | +€123,235 | +753% |
| Trade debts | 44 | €1,941 | €1,653 | -€289 | -14.9% |
| Suppliers | 440/4 | €1,941 | €1,653 | -€289 | -14.9% |
| Taxes, remuneration and social security | 45 | €14,433 | €26,356 | +€11,924 | +82.6% |
| Taxes | 450/3 | €14,433 | €26,356 | +€11,924 | +82.6% |
| Other amounts payable | 47/48 | - | €111,601 | +€111,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,798 | €2,559 | +€762 | +42.4% |
| Other operating charges | 640/8 | €368 | €713 | +€345 | +93.6% |
| Gross operating margin | 9900 | €46,463 | €148,553 | +€102,090 | +220% |
| Operating profit (loss) | 9901 | €44,297 | €145,281 | +€100,983 | +228% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.7% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.7% |
| Financial charges | 65/66B | €841 | €1,576 | +€735 | +87.4% |
| Recurring financial charges | 65 | €841 | €1,576 | +€735 | +87.4% |
| Profit (loss) for the period before taxes | 9903 | €43,469 | €143,705 | +€100,237 | +231% |
| Income taxes | 67/77 | €9,473 | €32,164 | +€22,691 | +240% |
| Profit (loss) for the period | 9904 | €33,996 | €111,542 | +€77,546 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €33,996 | €111,542 | +€77,546 | +228% |
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 22 October 2026 via checked.be.