VAUDE 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.
VAUDE CONSULTING
Largest movements
- Tangible fixed assets +€65,117
up €65,117 (+33.3%), from €195,555 to €260,672
of which Plant, machinery and equipment: +€37,078
- Cash +€29,911
new in 2025: €29,911
mainly Debts after one year (+€60,000) and Trade debts (+€49,641)
- Current investments -€9,009
no longer reported in 2025 (was €9,009)
- Debts after one year +€60,000
new in 2025: €60,000
- Trade debts +€49,641
up €49,641 (+84,136%), from €59 to €49,700
- Other debts -€11,747
down €11,747 (-9.9%), from €119,183 to €107,436
- Provisions -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€14,501
down €14,501 (-77.7%), from €18,665 to €4,164
- Provisions -€10,000
new in 2025: -€10,000
- Depreciation +€3,095
up €3,095 (+34.8%), from €8,889 to €11,984
- Financial charges -€600
down €600 (-20.7%), from €2,904 to €2,304
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 | €205,248 | €291,964 | +€86,716 | +42.2% |
| Fixed assets | 21/28 | €195,555 | €260,672 | +€65,117 | +33.3% |
| Tangible fixed assets | 22/27 | €195,555 | €260,672 | +€65,117 | +33.3% |
| Land and buildings | 22 | €195,555 | €223,594 | +€28,039 | +14.3% |
| Plant, machinery and equipment | 23 | - | €37,078 | +€37,078 | |
| Current assets | 29/58 | €9,693 | €31,292 | +€21,599 | +223% |
| Current investments | 50/53 | €9,009 | - | -€9,009 | |
| Cash at bank and in hand | 54/58 | - | €29,911 | +€29,911 | |
| Deferred charges and accrued income | 490/1 | €684 | €1,381 | +€697 | +102% |
| Total equity and liabilities | 10/49 | €205,248 | €291,964 | +€86,716 | +42.2% |
| Equity | 10/15 | €72,580 | €71,869 | -€711 | -1.0% |
| Contributions | 10/11 | €16,428 | €16,428 | -€0 | 0.0% |
| Reserves | 13 | €56,152 | €56,152 | +€0 | 0.0% |
| Distributable reserves | 133 | €56,152 | €56,152 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€711 | -€711 | |
| Provisions and deferred taxes | 16 | €10,000 | - | -€10,000 | |
| Provisions for liabilities and charges | 160/5 | €10,000 | - | -€10,000 | |
| Environmental obligations | 163 | €10,000 | - | -€10,000 | |
| Amounts payable | 17/49 | €122,668 | €220,095 | +€97,427 | +79.4% |
| Amounts payable after more than one year | 17 | - | €60,000 | +€60,000 | |
| Financial debts | 170/4 | - | €60,000 | +€60,000 | |
| Amounts payable within one year | 42/48 | €119,808 | €157,771 | +€37,963 | +31.7% |
| Trade debts | 44 | €59 | €49,700 | +€49,641 | +84,136% |
| Suppliers | 440/4 | €59 | €49,700 | +€49,641 | +84,136% |
| Taxes, remuneration and social security | 45 | €566 | €635 | +€69 | +12.2% |
| Taxes | 450/3 | €566 | €635 | +€69 | +12.2% |
| Other amounts payable | 47/48 | €119,183 | €107,436 | -€11,747 | -9.9% |
| Accrued charges and deferred income | 492/3 | €2,860 | €2,324 | -€536 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,889 | €11,984 | +€3,095 | +34.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€10,000 | -€10,000 | |
| Other operating charges | 640/8 | €420 | €484 | +€64 | +15.1% |
| Non-recurring operating charges | 66A | €111 | €63 | -€48 | -42.9% |
| Gross operating margin | 9900 | €18,665 | €4,164 | -€14,501 | -77.7% |
| Operating profit (loss) | 9901 | €9,245 | €1,633 | -€7,612 | -82.3% |
| Financial charges | 65/66B | €2,904 | €2,304 | -€600 | -20.7% |
| Recurring financial charges | 65 | €2,904 | €2,304 | -€600 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €6,341 | -€670 | -€7,011 | |
| Income taxes | 67/77 | €116 | €41 | -€75 | -64.7% |
| Profit (loss) for the period | 9904 | €6,225 | -€711 | -€6,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,225 | -€711 | -€6,936 |
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.