VCOM Consulting: 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.
VCOM Consulting
Largest movements
- Receivables within one year -€34,163
no longer reported in 2025 (was €34,163)
of which Other amounts receivable: -€21,458
- Cash -€14,711
down €14,711 (-13.3%), from €110,535 to €95,824
mainly Contributions, distributions and other (-€134,000)
- Reserves -€72,000
down €72,000 (-53.7%), from €134,000 to €62,000
- Tax, wage and social debts +€16,017
up €16,017 (+131.0%), from €12,226 to €28,243
of which Taxes: +€13,196
- Other debts +€3,113
new in 2025: €3,113
- Trade debts +€2,802
new in 2025: €2,802
- Gross operating margin +€9,926
up €9,926 (+13.9%), from €71,381 to €81,307
- Taxes +€2,276
up €2,276 (+14.7%), from €15,458 to €17,734
- Financial income -€889
no longer reported in 2025 (was €889)
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 | €146,361 | €96,769 | -€49,592 | -33.9% |
| Fixed assets | 21/28 | €1,662 | €868 | -€794 | -47.8% |
| Tangible fixed assets | 22/27 | €1,662 | €868 | -€794 | -47.8% |
| Furniture and vehicles | 24 | €1,662 | €868 | -€794 | -47.8% |
| Current assets | 29/58 | €144,698 | €95,900 | -€48,798 | -33.7% |
| Amounts receivable within one year | 40/41 | €34,163 | - | -€34,163 | |
| Trade receivables | 40 | €12,705 | - | -€12,705 | |
| Other amounts receivable | 41 | €21,458 | - | -€21,458 | |
| Cash at bank and in hand | 54/58 | €110,535 | €95,824 | -€14,711 | -13.3% |
| Deferred charges and accrued income | 490/1 | - | €76 | +€76 | |
| Total equity and liabilities | 10/49 | €146,361 | €96,769 | -€49,592 | -33.9% |
| Equity | 10/15 | €134,135 | €62,355 | -€71,780 | -53.5% |
| Reserves | 13 | €134,000 | €62,000 | -€72,000 | -53.7% |
| Distributable reserves | 133 | €134,000 | €62,000 | -€72,000 | -53.7% |
| Profit (loss) carried forward | 14 | €135 | €355 | +€220 | +163.6% |
| Amounts payable | 17/49 | €12,226 | €34,414 | +€22,188 | +181.5% |
| Amounts payable within one year | 42/48 | €12,226 | €34,158 | +€21,932 | +179.4% |
| Trade debts | 44 | - | €2,802 | +€2,802 | |
| Suppliers | 440/4 | - | €2,802 | +€2,802 | |
| Taxes, remuneration and social security | 45 | €12,226 | €28,243 | +€16,017 | +131.0% |
| Taxes | 450/3 | €12,226 | €25,421 | +€13,196 | +107.9% |
| Remuneration and social security | 454/9 | - | €2,822 | +€2,822 | |
| Other amounts payable | 47/48 | - | €3,113 | +€3,113 | |
| Accrued charges and deferred income | 492/3 | - | €256 | +€256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €794 | +€264 | +49.7% |
| Other operating charges | 640/8 | €126 | €388 | +€262 | +208.2% |
| Gross operating margin | 9900 | €71,381 | €81,307 | +€9,926 | +13.9% |
| Operating profit (loss) | 9901 | €70,724 | €80,124 | +€9,400 | +13.3% |
| Financial income | 75/76B | €889 | - | -€889 | |
| Recurring financial income | 75 | €889 | - | -€889 | |
| Financial charges | 65/66B | €45 | €170 | +€125 | +278.8% |
| Recurring financial charges | 65 | €45 | €170 | +€125 | +278.8% |
| Profit (loss) for the period before taxes | 9903 | €71,568 | €79,954 | +€8,386 | +11.7% |
| Income taxes | 67/77 | €15,458 | €17,734 | +€2,276 | +14.7% |
| Profit (loss) for the period | 9904 | €56,110 | €62,220 | +€6,110 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,110 | €62,220 | +€6,110 | +10.9% |
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 6 October 2026 via checked.be.