VB Management & 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 Management & Consulting
Largest movements
- Cash +€2,937
up €2,937 (+102%), from €2,877 to €5,813
mainly Tax, wage and social debts (+€5,805) and Depreciation (+€4,219)
- Receivables within one year +€2,421
up €2,421 (+17.1%), from €14,163 to €16,584
of which Trade receivables: +€1,960
- Tangible fixed assets -€2,153
down €2,153 (-9.2%), from €23,365 to €21,211
of which Other tangible fixed assets: -€2,321
- Trade debts -€7,667
down €7,667 (-68.4%), from €11,213 to €3,546
- Tax, wage and social debts +€5,805
up €5,805 (+20.2%), from €28,696 to €34,500
of which Remuneration and social security: +€11,438
- Accrued charges and deferred income +€3,083
up €3,083 (+152%), from €2,025 to €5,108
- Other debts +€1,034
up €1,034 (+9.1%), from €11,367 to €12,402
- Profit (loss) carried forward +€843
up €843 (+12.2%), from -€6,889 to -€6,046
- Other operating charges -€6,569
down €6,569 (-62.0%), from €10,599 to €4,030
- Taxes +€3,621
up €3,621 (+717%), from €505 to €4,126
- Gross operating margin +€3,124
up €3,124 (+20.5%), from €15,274 to €18,399
- Financial charges +€1,318
up €1,318 (+34.1%), from €3,863 to €5,181
- Depreciation +€313
up €313 (+8.0%), from €3,906 to €4,219
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 | €76,041 | €79,139 | +€3,098 | +4.1% |
| Fixed assets | 21/28 | €23,445 | €21,292 | -€2,153 | -9.2% |
| Tangible fixed assets | 22/27 | €23,365 | €21,211 | -€2,153 | -9.2% |
| Furniture and vehicles | 24 | €3,970 | €4,137 | +€167 | +4.2% |
| Other tangible fixed assets | 26 | €19,395 | €17,075 | -€2,321 | -12.0% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €52,596 | €57,848 | +€5,252 | +10.0% |
| Amounts receivable within one year | 40/41 | €14,163 | €16,584 | +€2,421 | +17.1% |
| Trade receivables | 40 | €14,163 | €16,123 | +€1,960 | +13.8% |
| Other amounts receivable | 41 | - | €461 | +€461 | |
| Cash at bank and in hand | 54/58 | €2,877 | €5,813 | +€2,937 | +102% |
| Deferred charges and accrued income | 490/1 | €35,556 | €35,450 | -€107 | -0.3% |
| Total equity and liabilities | 10/49 | €76,041 | €79,139 | +€3,098 | +4.1% |
| Equity | 10/15 | €22,740 | €23,583 | +€843 | +3.7% |
| Contributions | 10/11 | €6,325 | €6,325 | = | 0.0% |
| Reserves | 13 | €23,304 | €23,304 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,059 | €1,059 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,059 | €1,059 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,181 | €3,181 | = | 0.0% |
| Distributable reserves | 133 | €19,063 | €19,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,889 | -€6,046 | +€843 | +12.2% |
| Amounts payable | 17/49 | €53,301 | €55,556 | +€2,255 | +4.2% |
| Amounts payable within one year | 42/48 | €51,276 | €50,448 | -€828 | -1.6% |
| Trade debts | 44 | €11,213 | €3,546 | -€7,667 | -68.4% |
| Suppliers | 440/4 | €11,213 | €3,546 | -€7,667 | -68.4% |
| Taxes, remuneration and social security | 45 | €28,696 | €34,500 | +€5,805 | +20.2% |
| Taxes | 450/3 | €15,649 | €10,015 | -€5,634 | -36.0% |
| Remuneration and social security | 454/9 | €13,047 | €24,485 | +€11,438 | +87.7% |
| Other amounts payable | 47/48 | €11,367 | €12,402 | +€1,034 | +9.1% |
| Accrued charges and deferred income | 492/3 | €2,025 | €5,108 | +€3,083 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,906 | €4,219 | +€313 | +8.0% |
| Other operating charges | 640/8 | €10,599 | €4,030 | -€6,569 | -62.0% |
| Gross operating margin | 9900 | €15,274 | €18,399 | +€3,124 | +20.5% |
| Operating profit (loss) | 9901 | €769 | €10,150 | +€9,381 | +1,220% |
| Financial charges | 65/66B | €3,863 | €5,181 | +€1,318 | +34.1% |
| Recurring financial charges | 65 | €3,863 | €5,181 | +€1,318 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,094 | €4,969 | +€8,064 | |
| Income taxes | 67/77 | €505 | €4,126 | +€3,621 | +717% |
| Profit (loss) for the period | 9904 | -€3,600 | €843 | +€4,443 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,600 | €843 | +€4,443 |
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 20 October 2026 via checked.be.