VDBN 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.
VDBN CONSULTING
Largest movements
- Cash +€139,159
up €139,159 (+208%), from €66,802 to €205,961
mainly Receivables within one year (+€78,206) and Net result for the year (+€50,440)
- Receivables within one year -€78,206
down €78,206 (-88.8%), from €88,035 to €9,829
of which Other amounts receivable: -€86,512
- Tangible fixed assets -€13,401
down €13,401 (-82.8%), from €16,177 to €2,776
of which Furniture and vehicles: -€15,498
- Profit (loss) carried forward +€50,440
up €50,440 (+33.1%), from €152,166 to €202,606
- Current portion of long-term debt -€7,184
down €7,184 (-82.9%), from €8,670 to €1,486
- Trade debts +€3,593
up €3,593 (+422%), from €851 to €4,444
- Gross operating margin +€15,480
up €15,480 (+23.5%), from €65,791 to €81,271
- Taxes +€3,168
up €3,168 (+30.6%), from €10,369 to €13,538
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 | €173,304 | €219,016 | +€45,712 | +26.4% |
| Fixed assets | 21/28 | €16,627 | €3,226 | -€13,401 | -80.6% |
| Tangible fixed assets | 22/27 | €16,177 | €2,776 | -€13,401 | -82.8% |
| Plant, machinery and equipment | 23 | - | €2,097 | +€2,097 | |
| Furniture and vehicles | 24 | €16,177 | €679 | -€15,498 | -95.8% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €156,677 | €215,790 | +€59,113 | +37.7% |
| Amounts receivable within one year | 40/41 | €88,035 | €9,829 | -€78,206 | -88.8% |
| Trade receivables | 40 | €60 | €8,367 | +€8,306 | +13,791% |
| Other amounts receivable | 41 | €87,975 | €1,462 | -€86,512 | -98.3% |
| Cash at bank and in hand | 54/58 | €66,802 | €205,961 | +€139,159 | +208% |
| Deferred charges and accrued income | 490/1 | €1,840 | - | -€1,840 | |
| Total equity and liabilities | 10/49 | €173,304 | €219,016 | +€45,712 | +26.4% |
| Equity | 10/15 | €155,166 | €205,606 | +€50,440 | +32.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,166 | €202,606 | +€50,440 | +33.1% |
| Amounts payable | 17/49 | €18,138 | €13,410 | -€4,728 | -26.1% |
| Amounts payable after more than one year | 17 | €1,486 | - | -€1,486 | |
| Financial debts | 170/4 | €1,486 | - | -€1,486 | |
| Amounts payable within one year | 42/48 | €16,652 | €13,410 | -€3,242 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €8,670 | €1,486 | -€7,184 | -82.9% |
| Trade debts | 44 | €851 | €4,444 | +€3,593 | +422% |
| Suppliers | 440/4 | €851 | €4,444 | +€3,593 | +422% |
| Taxes, remuneration and social security | 45 | €4,543 | €3,733 | -€810 | -17.8% |
| Taxes | 450/3 | €2,543 | €3,733 | +€1,190 | +46.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €2,587 | €3,746 | +€1,158 | +44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,498 | €15,759 | +€261 | +1.7% |
| Other operating charges | 640/8 | €1,061 | €1,076 | +€15 | +1.4% |
| Gross operating margin | 9900 | €65,791 | €81,271 | +€15,480 | +23.5% |
| Operating profit (loss) | 9901 | €49,232 | €64,437 | +€15,204 | +30.9% |
| Financial charges | 65/66B | €857 | €459 | -€399 | -46.5% |
| Recurring financial charges | 65 | €857 | €459 | -€399 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €48,375 | €63,978 | +€15,603 | +32.3% |
| Income taxes | 67/77 | €10,369 | €13,538 | +€3,168 | +30.6% |
| Profit (loss) for the period | 9904 | €38,006 | €50,440 | +€12,435 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,006 | €50,440 | +€12,435 | +32.7% |
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 14 October 2026 via checked.be.