VD 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.
VD CONSULTING
Largest movements
- Receivables within one year +€166,205
up €166,205 (+3,981%), from €4,175 to €170,380
of which Other amounts receivable: +€120,886
- Cash +€9,419
up €9,419 (+1,195%), from €788 to €10,207
mainly Net result for the year (+€123,331) and Tax, wage and social debts (+€51,225)
- Profit (loss) carried forward +€123,331
up €123,331, from -€23,001 to €100,329
- Tax, wage and social debts +€51,225
new in 2025: €51,225
- Gross operating margin +€163,070
up €163,070, from -€956 to €162,114
- Taxes +€41,780
new in 2025: €41,780
- Financial income +€3,260
up €3,260 (+1,372%), from €238 to €3,498
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 | €4,963 | €180,587 | +€175,624 | +3,539% |
| Current assets | 29/58 | €4,963 | €180,587 | +€175,624 | +3,539% |
| Amounts receivable within one year | 40/41 | €4,175 | €170,380 | +€166,205 | +3,981% |
| Trade receivables | 40 | - | €45,320 | +€45,320 | |
| Other amounts receivable | 41 | €4,175 | €125,060 | +€120,886 | +2,896% |
| Cash at bank and in hand | 54/58 | €788 | €10,207 | +€9,419 | +1,195% |
| Total equity and liabilities | 10/49 | €4,963 | €180,587 | +€175,624 | +3,539% |
| Equity | 10/15 | -€9,741 | €113,589 | +€123,331 | |
| Contributions | 10/11 | €11,400 | €11,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€23,001 | €100,329 | +€123,331 | |
| Amounts payable | 17/49 | €14,705 | €66,998 | +€52,293 | +356% |
| Amounts payable within one year | 42/48 | €14,705 | €66,998 | +€52,293 | +356% |
| Trade debts | 44 | €50 | €1,119 | +€1,069 | +2,137% |
| Suppliers | 440/4 | €50 | €1,119 | +€1,069 | +2,137% |
| Taxes, remuneration and social security | 45 | - | €51,225 | +€51,225 | |
| Taxes | 450/3 | - | €51,225 | +€51,225 | |
| Other amounts payable | 47/48 | €14,655 | €14,655 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€956 | €162,114 | +€163,070 | |
| Operating profit (loss) | 9901 | -€1,343 | €161,714 | +€163,058 | |
| Financial income | 75/76B | €238 | €3,498 | +€3,260 | +1,372% |
| Recurring financial income | 75 | €238 | €3,498 | +€3,260 | +1,372% |
| Financial charges | 65/66B | €30 | €102 | +€71 | +235% |
| Recurring financial charges | 65 | €30 | €102 | +€71 | +235% |
| Profit (loss) for the period before taxes | 9903 | -€1,136 | €165,111 | +€166,247 | |
| Income taxes | 67/77 | - | €41,780 | +€41,780 | |
| Profit (loss) for the period | 9904 | -€1,136 | €123,331 | +€124,467 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,136 | €123,331 | +€124,467 |
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 19 October 2026 via checked.be.