VAT CONSULT: 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 CONSULT
Largest movements
- Cash +€1.1m
up €1.1m (+94.2%), from €1.2m to €2.3m
mainly Net result for the year (+€905,890) and Tax, wage and social debts (+€351,876)
- Receivables within one year +€108,882
up €108,882 (+28.0%), from €388,192 to €497,075
- Profit (loss) carried forward +€905,890
up €905,890 (+79.6%), from €1.1m to €2.0m
- Tax, wage and social debts +€351,876
up €351,876 (+170.4%), from €206,537 to €558,413
- Trade debts -€48,346
down €48,346 (-39.9%), from €121,024 to €72,678
- Gross operating margin +€421,634
up €421,634 (+53.8%), from €784,113 to €1.2m
- Taxes +€103,558
up €103,558 (+52.6%), from €197,058 to €300,616
- Financial income -€13,409
down €13,409 (-90.0%), from €14,891 to €1,482
of which Financial income: -€13,809
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.
Cash bridge derived
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 | €1,548,154 | €2,750,074 | +€1.2m | +77.6% |
| Current assets | 29/58 | €1,548,154 | €2,750,074 | +€1.2m | +77.6% |
| Amounts receivable within one year | 40/41 | €388,192 | €497,075 | +€108,882 | +28.0% |
| Trade receivables | 40 | €388,192 | €497,075 | +€108,882 | +28.0% |
| Cash at bank and in hand | 54/58 | €1,159,962 | €2,252,999 | +€1.1m | +94.2% |
| Total equity and liabilities | 10/49 | €1,548,154 | €2,750,074 | +€1.2m | +77.6% |
| Equity | 10/15 | €1,213,093 | €2,118,983 | +€905,890 | +74.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,138,093 | €2,043,983 | +€905,890 | +79.6% |
| Amounts payable | 17/49 | €335,061 | €631,091 | +€296,030 | +88.4% |
| Amounts payable within one year | 42/48 | €335,061 | €631,091 | +€296,030 | +88.4% |
| Trade debts | 44 | €121,024 | €72,678 | -€48,346 | -39.9% |
| Suppliers | 440/4 | €121,024 | €72,678 | -€48,346 | -39.9% |
| Taxes, remuneration and social security | 45 | €206,537 | €558,413 | +€351,876 | +170.4% |
| Taxes | 450/3 | €206,537 | €558,413 | +€351,876 | +170.4% |
| Other amounts payable | 47/48 | €7,500 | - | -€7,500 | |
| Other operating charges | 640/8 | €872 | €208 | -€664 | -76.2% |
| Gross operating margin | 9900 | €784,113 | €1,205,747 | +€421,634 | +53.8% |
| Operating profit (loss) | 9901 | €783,241 | €1,205,539 | +€422,298 | +53.9% |
| Financial income | 75/76B | €14,891 | €1,482 | -€13,409 | -90.0% |
| Recurring financial income | 75 | €14,165 | €357 | -€13,809 | -97.5% |
| Non-recurring financial income | 76B | €726 | €1,126 | +€400 | +55.1% |
| Financial charges | 65/66B | €2,774 | €515 | -€2,258 | -81.4% |
| Recurring financial charges | 65 | €2,774 | €515 | -€2,258 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €795,358 | €1,206,506 | +€411,148 | +51.7% |
| Income taxes | 67/77 | €197,058 | €300,616 | +€103,558 | +52.6% |
| Profit (loss) for the period | 9904 | €598,300 | €905,890 | +€307,590 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €598,300 | €905,890 | +€307,590 | +51.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 15 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.