VB 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.
VB Consulting
Largest movements
- Receivables within one year -€26,071
down €26,071 (-40.9%), from €63,820 to €37,748
of which Other amounts receivable: -€27,946
- Tangible fixed assets -€18,787
down €18,787 (-67.9%), from €27,679 to €8,892
of which Furniture and vehicles: -€18,787
- Cash +€7,211
up €7,211 (+2.8%), from €258,830 to €266,041
mainly Receivables within one year (+€26,071) and Depreciation (+€20,326)
- Deferred charges and accrued income -€3,886
down €3,886 (-92.1%), from €4,221 to €335
- Reserves -€51,868
down €51,868 (-96.5%), from €53,723 to €1,855
of which Distributable reserves: -€51,868
- Other debts +€13,659
up €13,659 (+35.7%), from €38,277 to €51,936
- Gross operating margin +€18,214
up €18,214 (+4195.9%), from €434 to €18,648
- Financial income -€1,708
down €1,708 (-48.7%), from €3,508 to €1,801
- Financial charges +€439
up €439 (+288.8%), from €152 to €591
- Taxes -€423
down €423 (-96.0%), from €441 to €18
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 | €354,549 | €313,015 | -€41,533 | -11.7% |
| Fixed assets | 21/28 | €27,679 | €8,892 | -€18,787 | -67.9% |
| Tangible fixed assets | 22/27 | €27,679 | €8,892 | -€18,787 | -67.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €27,679 | €8,892 | -€18,787 | -67.9% |
| Current assets | 29/58 | €326,870 | €304,124 | -€22,747 | -7.0% |
| Amounts receivable within one year | 40/41 | €63,820 | €37,748 | -€26,071 | -40.9% |
| Trade receivables | 40 | €5,754 | €7,629 | +€1,875 | +32.6% |
| Other amounts receivable | 41 | €58,065 | €30,119 | -€27,946 | -48.1% |
| Cash at bank and in hand | 54/58 | €258,830 | €266,041 | +€7,211 | +2.8% |
| Deferred charges and accrued income | 490/1 | €4,221 | €335 | -€3,886 | -92.1% |
| Total equity and liabilities | 10/49 | €354,549 | €313,015 | -€41,533 | -11.7% |
| Equity | 10/15 | €312,460 | €258,845 | -€53,615 | -17.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,723 | €1,855 | -€51,868 | -96.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €53,723 | €1,855 | -€51,868 | -96.5% |
| Profit (loss) carried forward | 14 | €252,537 | €250,790 | -€1,747 | -0.7% |
| Amounts payable | 17/49 | €42,089 | €54,170 | +€12,082 | +28.7% |
| Amounts payable within one year | 42/48 | €42,089 | €54,170 | +€12,082 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €257 | €0 | -€257 | -100.0% |
| Credit institutions | 430/8 | €257 | €0 | -€257 | -100.0% |
| Trade debts | 44 | €2,286 | €780 | -€1,506 | -65.9% |
| Suppliers | 440/4 | €2,286 | €780 | -€1,506 | -65.9% |
| Taxes, remuneration and social security | 45 | €1,268 | €1,455 | +€187 | +14.7% |
| Taxes | 450/3 | €1,268 | €1,455 | +€187 | +14.7% |
| Other amounts payable | 47/48 | €38,277 | €51,936 | +€13,659 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,493 | €20,326 | -€168 | -0.8% |
| Other operating charges | 640/8 | €1,372 | €1,261 | -€111 | -8.1% |
| Gross operating margin | 9900 | €434 | €18,648 | +€18,214 | +4195.9% |
| Operating profit (loss) | 9901 | -€21,432 | -€2,938 | +€18,493 | +86.3% |
| Financial income | 75/76B | €3,508 | €1,801 | -€1,708 | -48.7% |
| Recurring financial income | 75 | €3,508 | €1,801 | -€1,708 | -48.7% |
| Financial charges | 65/66B | €152 | €591 | +€439 | +288.8% |
| Recurring financial charges | 65 | €152 | €591 | +€439 | +288.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,075 | -€1,729 | +€16,346 | +90.4% |
| Income taxes | 67/77 | €441 | €18 | -€423 | -96.0% |
| Profit (loss) for the period | 9904 | -€18,516 | -€1,747 | +€16,769 | +90.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,516 | -€1,747 | +€16,769 | +90.6% |
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 11 October 2026 via checked.be.