VDRS 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.
VDRS Consulting
Largest movements
- Cash +€105,717
up €105,717 (+397%), from €26,627 to €132,344
mainly Net result for the year (+€86,425) and Tax, wage and social debts (+€24,569)
- Receivables within one year +€4,336
up €4,336 (+17.5%), from €24,753 to €29,089
- Profit (loss) carried forward +€86,425
up €86,425 (+313%), from €27,646 to €114,071
- Tax, wage and social debts +€24,569
up €24,569 (+121%), from €20,291 to €44,861
of which Taxes: +€24,367
- Gross operating margin +€75,178
up €75,178 (+212%), from €35,540 to €110,718
- Taxes +€16,256
up €16,256 (+222%), from €7,327 to €23,583
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 | €53,244 | €164,664 | +€111,420 | +209% |
| Fixed assets | 21/28 | €516 | €411 | -€105 | -20.4% |
| Tangible fixed assets | 22/27 | €516 | €411 | -€105 | -20.4% |
| Furniture and vehicles | 24 | €516 | €411 | -€105 | -20.4% |
| Current assets | 29/58 | €52,728 | €164,253 | +€111,525 | +212% |
| Amounts receivable within one year | 40/41 | €24,753 | €29,089 | +€4,336 | +17.5% |
| Trade receivables | 40 | €24,753 | €29,089 | +€4,336 | +17.5% |
| Cash at bank and in hand | 54/58 | €26,627 | €132,344 | +€105,717 | +397% |
| Deferred charges and accrued income | 490/1 | €1,348 | €2,820 | +€1,472 | +109% |
| Total equity and liabilities | 10/49 | €53,244 | €164,664 | +€111,420 | +209% |
| Equity | 10/15 | €29,646 | €116,071 | +€86,425 | +292% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,646 | €114,071 | +€86,425 | +313% |
| Amounts payable | 17/49 | €23,598 | €48,593 | +€24,995 | +106% |
| Amounts payable within one year | 42/48 | €23,598 | €48,593 | +€24,995 | +106% |
| Trade debts | 44 | €3,034 | €3,691 | +€656 | +21.6% |
| Suppliers | 440/4 | €3,034 | €3,691 | +€656 | +21.6% |
| Taxes, remuneration and social security | 45 | €20,291 | €44,861 | +€24,569 | +121% |
| Taxes | 450/3 | €20,291 | €44,659 | +€24,367 | +120% |
| Remuneration and social security | 454/9 | - | €202 | +€202 | |
| Other amounts payable | 47/48 | €272 | €41 | -€230 | -84.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11 | €105 | +€94 | +836% |
| Other operating charges | 640/8 | €392 | €525 | +€133 | +33.9% |
| Gross operating margin | 9900 | €35,540 | €110,718 | +€75,178 | +212% |
| Operating profit (loss) | 9901 | €35,137 | €110,087 | +€74,951 | +213% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €163 | €80 | -€83 | -50.8% |
| Recurring financial charges | 65 | €163 | €80 | -€83 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €34,974 | €110,007 | +€75,034 | +215% |
| Income taxes | 67/77 | €7,327 | €23,583 | +€16,256 | +222% |
| Profit (loss) for the period | 9904 | €27,646 | €86,425 | +€58,778 | +213% |
| Profit (loss) for the period to be appropriated | 9905 | €27,646 | €86,425 | +€58,778 | +213% |
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 25 October 2026 via checked.be.