VDGT Consultancy: 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.
VDGT Consultancy
Largest movements
- Tangible fixed assets +€13,754
up €13,754 (+156%), from €8,821 to €22,574
of which Other tangible fixed assets: +€9,042
- Receivables within one year -€4,104
down €4,104 (-15.9%), from €25,758 to €21,654
of which Trade receivables: -€12,695
- Cash +€1,802
up €1,802 (+18.6%), from €9,713 to €11,515
mainly Net result for the year (+€8,550) and Receivables within one year (+€4,104)
- Reserves +€8,550
up €8,550 (+54.1%), from €15,792 to €24,342
- Tax, wage and social debts +€3,952
up €3,952 (+37.7%), from €10,487 to €14,438
- Debts after one year -€3,684
down €3,684 (-33.7%), from €10,923 to €7,239
- Trade debts +€2,647
up €2,647 (+330%), from €802 to €3,449
- Financial charges +€5,111
up €5,111 (+1,152%), from €444 to €5,555
- Depreciation +€3,350
up €3,350 (+1,340%), from €250 to €3,600
- Taxes -€1,151
down €1,151 (-27.4%), from €4,204 to €3,053
- Other operating charges -€263
down €263 (-50.4%), from €522 to €259
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 | €45,012 | €56,652 | +€11,640 | +25.9% |
| Fixed assets | 21/28 | €8,821 | €22,574 | +€13,754 | +156% |
| Tangible fixed assets | 22/27 | €8,821 | €22,574 | +€13,754 | +156% |
| Plant, machinery and equipment | 23 | €2,624 | €6,402 | +€3,777 | +144% |
| Furniture and vehicles | 24 | - | €1,054 | +€1,054 | |
| Leasing and similar rights | 25 | €581 | €462 | -€119 | -20.5% |
| Other tangible fixed assets | 26 | €5,615 | €14,657 | +€9,042 | +161% |
| Current assets | 29/58 | €36,192 | €34,078 | -€2,114 | -5.8% |
| Amounts receivable within one year | 40/41 | €25,758 | €21,654 | -€4,104 | -15.9% |
| Trade receivables | 40 | €12,695 | - | -€12,695 | |
| Other amounts receivable | 41 | €13,064 | €21,654 | +€8,590 | +65.8% |
| Cash at bank and in hand | 54/58 | €9,713 | €11,515 | +€1,802 | +18.6% |
| Deferred charges and accrued income | 490/1 | €720 | €908 | +€188 | +26.1% |
| Total equity and liabilities | 10/49 | €45,012 | €56,652 | +€11,640 | +25.9% |
| Equity | 10/15 | €19,292 | €27,842 | +€8,550 | +44.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €15,792 | €24,342 | +€8,550 | +54.1% |
| Distributable reserves | 133 | €15,792 | €24,342 | +€8,550 | +54.1% |
| Amounts payable | 17/49 | €25,721 | €28,810 | +€3,089 | +12.0% |
| Amounts payable after more than one year | 17 | €10,923 | €7,239 | -€3,684 | -33.7% |
| Financial debts | 170/4 | €10,923 | €7,239 | -€3,684 | -33.7% |
| Amounts payable within one year | 42/48 | €14,798 | €21,571 | +€6,774 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | €3,509 | €3,684 | +€175 | +5.0% |
| Trade debts | 44 | €802 | €3,449 | +€2,647 | +330% |
| Suppliers | 440/4 | €802 | €3,449 | +€2,647 | +330% |
| Taxes, remuneration and social security | 45 | €10,487 | €14,438 | +€3,952 | +37.7% |
| Taxes | 450/3 | €10,487 | €14,438 | +€3,952 | +37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €3,600 | +€3,350 | +1,340% |
| Other operating charges | 640/8 | €522 | €259 | -€263 | -50.4% |
| Gross operating margin | 9900 | €21,212 | €21,003 | -€209 | -1.0% |
| Operating profit (loss) | 9901 | €20,440 | €17,144 | -€3,296 | -16.1% |
| Financial income | 75/76B | €0 | €15 | +€15 | +18,450% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +18,450% |
| Financial charges | 65/66B | €444 | €5,555 | +€5,111 | +1,152% |
| Recurring financial charges | 65 | €444 | €5,555 | +€5,111 | +1,152% |
| Profit (loss) for the period before taxes | 9903 | €19,996 | €11,603 | -€8,393 | -42.0% |
| Income taxes | 67/77 | €4,204 | €3,053 | -€1,151 | -27.4% |
| Profit (loss) for the period | 9904 | €15,792 | €8,550 | -€7,242 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,792 | €8,550 | -€7,242 | -45.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.