VCM CONSULT: what changed
Two fiscal 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.
VCM CONSULT
Largest movements
- Cash +€7,917
up €7,917 (+24.6%), from €32,225 to €40,143
mainly Net result for the year (+€6,653) and Receivables within one year (+€1,457)
- Receivables within one year -€1,457
down €1,457 (-7.8%), from €18,674 to €17,217
of which Other amounts receivable: -€1,545
- Profit (loss) carried forward +€6,653
up €6,653 (+14.7%), from €45,168 to €51,821
- Taxes +€2,261
up €2,261 (+76.0%), from €2,976 to €5,238
- Financial income +€295
up €295 (+23.7%), from €1,244 to €1,539
- Gross operating margin -€295
down €295 (-2.7%), from €11,102 to €10,807
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 | €50,900 | €57,360 | +€6,460 | +12.7% |
| Current assets | 29/58 | €50,900 | €57,360 | +€6,460 | +12.7% |
| Amounts receivable within one year | 40/41 | €18,674 | €17,217 | -€1,457 | -7.8% |
| Trade receivables | 40 | - | €88 | +€88 | |
| Other amounts receivable | 41 | €18,674 | €17,130 | -€1,545 | -8.3% |
| Cash at bank and in hand | 54/58 | €32,225 | €40,143 | +€7,917 | +24.6% |
| Total equity and liabilities | 10/49 | €50,900 | €57,360 | +€6,460 | +12.7% |
| Equity | 10/15 | €50,168 | €56,821 | +€6,653 | +13.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,168 | €51,821 | +€6,653 | +14.7% |
| Amounts payable | 17/49 | €732 | €539 | -€193 | -26.4% |
| Amounts payable within one year | 42/48 | €732 | €539 | -€193 | -26.4% |
| Trade debts | 44 | €329 | €228 | -€101 | -30.7% |
| Suppliers | 440/4 | €329 | €228 | -€101 | -30.7% |
| Taxes, remuneration and social security | 45 | €403 | €311 | -€92 | -22.8% |
| Taxes | 450/3 | €403 | €311 | -€92 | -22.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €11,102 | €10,807 | -€295 | -2.7% |
| Operating profit (loss) | 9901 | €10,714 | €10,407 | -€307 | -2.9% |
| Financial income | 75/76B | €1,244 | €1,539 | +€295 | +23.7% |
| Recurring financial income | 75 | €1,244 | €1,539 | +€295 | +23.7% |
| Financial charges | 65/66B | €53 | €55 | +€2 | +3.4% |
| Recurring financial charges | 65 | €53 | €55 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €11,905 | €11,891 | -€14 | -0.1% |
| Income taxes | 67/77 | €2,976 | €5,238 | +€2,261 | +76.0% |
| Profit (loss) for the period | 9904 | €8,929 | €6,653 | -€2,275 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,929 | €6,653 | -€2,275 | -25.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.