VBA 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.
VBA Consulting
Largest movements
- Receivables within one year +€11,055
up €11,055 (+144%), from €7,658 to €18,712
of which Trade receivables: +€7,668
- Cash +€7,672
up €7,672 (+7.3%), from €104,474 to €112,146
mainly Net result for the year (+€38,393) and Depreciation (+€3,172)
- Tangible fixed assets +€1,557
up €1,557 (+49.7%), from €3,129 to €4,686
- Reserves +€29,393
up €29,393 (+37.1%), from €79,240 to €108,633
- Tax, wage and social debts -€12,031
down €12,031 (-51.8%), from €23,235 to €11,204
- Other debts +€1,504
up €1,504 (+20.1%), from €7,496 to €9,000
- Trade debts +€1,417
up €1,417 (+488%), from €291 to €1,707
- Gross operating margin +€27,182
up €27,182 (+109%), from €24,944 to €52,126
- Taxes +€3,624
up €3,624 (+62.7%), from €5,780 to €9,404
- Financial income -€3,540
down €3,540 (-97.5%), from €3,632 to €92
- Depreciation -€535
down €535 (-14.4%), from €3,707 to €3,172
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 | €115,261 | €135,544 | +€20,283 | +17.6% |
| Fixed assets | 21/28 | €3,129 | €4,686 | +€1,557 | +49.7% |
| Tangible fixed assets | 22/27 | €3,129 | €4,686 | +€1,557 | +49.7% |
| Furniture and vehicles | 24 | €3,129 | €4,686 | +€1,557 | +49.7% |
| Current assets | 29/58 | €112,132 | €130,858 | +€18,726 | +16.7% |
| Amounts receivable within one year | 40/41 | €7,658 | €18,712 | +€11,055 | +144% |
| Trade receivables | 40 | €7,635 | €15,303 | +€7,668 | +100% |
| Other amounts receivable | 41 | €23 | €3,410 | +€3,386 | +14,559% |
| Cash at bank and in hand | 54/58 | €104,474 | €112,146 | +€7,672 | +7.3% |
| Total equity and liabilities | 10/49 | €115,261 | €135,544 | +€20,283 | +17.6% |
| Equity | 10/15 | €84,240 | €113,633 | +€29,393 | +34.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €79,240 | €108,633 | +€29,393 | +37.1% |
| Distributable reserves | 133 | €79,240 | €108,633 | +€29,393 | +37.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,022 | €21,911 | -€9,110 | -29.4% |
| Amounts payable within one year | 42/48 | €31,022 | €21,911 | -€9,110 | -29.4% |
| Trade debts | 44 | €291 | €1,707 | +€1,417 | +488% |
| Suppliers | 440/4 | €291 | €1,707 | +€1,417 | +488% |
| Taxes, remuneration and social security | 45 | €23,235 | €11,204 | -€12,031 | -51.8% |
| Taxes | 450/3 | €23,235 | €11,204 | -€12,031 | -51.8% |
| Other amounts payable | 47/48 | €7,496 | €9,000 | +€1,504 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,707 | €3,172 | -€535 | -14.4% |
| Other operating charges | 640/8 | €1,199 | €1,047 | -€152 | -12.7% |
| Gross operating margin | 9900 | €24,944 | €52,126 | +€27,182 | +109% |
| Operating profit (loss) | 9901 | €20,038 | €47,907 | +€27,869 | +139% |
| Financial income | 75/76B | €3,632 | €92 | -€3,540 | -97.5% |
| Recurring financial income | 75 | €3,632 | €92 | -€3,540 | -97.5% |
| Financial charges | 65/66B | €156 | €202 | +€46 | +29.4% |
| Recurring financial charges | 65 | €156 | €202 | +€46 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €23,514 | €47,797 | +€24,283 | +103% |
| Income taxes | 67/77 | €5,780 | €9,404 | +€3,624 | +62.7% |
| Profit (loss) for the period | 9904 | €17,734 | €38,393 | +€20,660 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €17,734 | €38,393 | +€20,660 | +116% |
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 21 October 2026 via checked.be.