VDB CONSEILS: 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.
VDB CONSEILS
Largest movements
- Cash +€52,594
up €52,594 (+88.4%), from €59,497 to €112,091
mainly Net result for the year (+€94,163) and Debts after one year (+€26,261)
- Tangible fixed assets +€38,429
up €38,429 (+885.1%), from €4,342 to €42,771
of which Furniture and vehicles: +€39,155
- Deferred charges and accrued income +€2,623
up €2,623 (+402.0%), from €653 to €3,276
- Profit (loss) carried forward +€56,434
up €56,434 (+149.6%), from €37,730 to €94,163
- Debts after one year +€26,261
new in 2024: €26,261
- Current portion of long-term debt +€9,555
new in 2024: €9,555
- Tax, wage and social debts +€4,053
up €4,053 (+23.1%), from €17,556 to €21,608
of which Taxes: +€3,801
- Other debts -€1,688
down €1,688 (-68.2%), from €2,474 to €786
- Gross operating margin +€97,140
up €97,140 (+164.5%), from €59,034 to €156,174
- Staff costs +€24,763
new in 2024: €24,763
- Taxes +€12,529
up €12,529 (+78.4%), from €15,986 to €28,515
- Depreciation +€3,528
up €3,528 (+1990.3%), from €177 to €3,705
- Other operating charges +€2,552
up €2,552 (+138.8%), from €1,838 to €4,391
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,535 | €168,182 | +€93,647 | +125.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €14,385 | €52,814 | +€38,429 | +267.1% |
| Tangible fixed assets | 22/27 | €4,342 | €42,771 | +€38,429 | +885.1% |
| Furniture and vehicles | 24 | €829 | €39,984 | +€39,155 | +4722.8% |
| Other tangible fixed assets | 26 | €3,513 | €2,787 | -€726 | -20.7% |
| Financial fixed assets | 28 | €10,043 | €10,043 | = | 0.0% |
| Current assets | 29/58 | €60,150 | €115,367 | +€55,217 | +91.8% |
| Cash at bank and in hand | 54/58 | €59,497 | €112,091 | +€52,594 | +88.4% |
| Deferred charges and accrued income | 490/1 | €653 | €3,276 | +€2,623 | +402.0% |
| Total equity and liabilities | 10/49 | €74,535 | €168,182 | +€93,647 | +125.6% |
| Equity | 10/15 | €52,730 | €109,163 | +€56,434 | +107.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,730 | €94,163 | +€56,434 | +149.6% |
| Amounts payable | 17/49 | €21,805 | €59,018 | +€37,213 | +170.7% |
| Amounts payable after more than one year | 17 | - | €26,261 | +€26,261 | |
| Financial debts | 170/4 | - | €26,261 | +€26,261 | |
| Amounts payable within one year | 42/48 | €20,999 | €32,757 | +€11,758 | +56.0% |
| Current portion of amounts payable after more than one year | 42 | - | €9,555 | +€9,555 | |
| Trade debts | 44 | €969 | €807 | -€162 | -16.7% |
| Suppliers | 440/4 | €969 | €807 | -€162 | -16.7% |
| Taxes, remuneration and social security | 45 | €17,556 | €21,608 | +€4,053 | +23.1% |
| Taxes | 450/3 | €17,556 | €21,357 | +€3,801 | +21.7% |
| Remuneration and social security | 454/9 | - | €251 | +€251 | |
| Other amounts payable | 47/48 | €2,474 | €786 | -€1,688 | -68.2% |
| Accrued charges and deferred income | 492/3 | €806 | - | -€806 | |
| Remuneration, social security and pensions | 62 | - | €24,763 | +€24,763 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €3,705 | +€3,528 | +1990.3% |
| Other operating charges | 640/8 | €1,838 | €4,391 | +€2,552 | +138.8% |
| Gross operating margin | 9900 | €59,034 | €156,174 | +€97,140 | +164.5% |
| Operating profit (loss) | 9901 | €57,018 | €123,315 | +€66,297 | +116.3% |
| Financial income | 75/76B | €117 | €437 | +€321 | +274.6% |
| Recurring financial income | 75 | €117 | €437 | +€321 | +274.6% |
| Financial charges | 65/66B | €293 | €1,075 | +€781 | +266.2% |
| Recurring financial charges | 65 | €293 | €1,075 | +€781 | +266.2% |
| Profit (loss) for the period before taxes | 9903 | €56,842 | €122,678 | +€65,836 | +115.8% |
| Income taxes | 67/77 | €15,986 | €28,515 | +€12,529 | +78.4% |
| Profit (loss) for the period | 9904 | €40,856 | €94,163 | +€53,307 | +130.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,856 | €94,163 | +€53,307 | +130.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.