VDS-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.
VDS-CONSULTANCY
Largest movements
- Current investments +€14,019
new in 2025: €14,019
- Cash -€7,852
down €7,852 (-89.1%), from €8,809 to €957
mainly Current investments (-€14,019) and Other debts (-€6,705)
- Receivables within one year +€2,053
up €2,053 (+15.1%), from €13,635 to €15,689
of which Other amounts receivable: +€2,227
- Tangible fixed assets +€1,605
up €1,605 (+42.3%), from €3,792 to €5,397
of which Plant, machinery and equipment: +€1,342
- Profit (loss) carried forward +€20,117
up €20,117 (+302.3%), from €6,654 to €26,771
- Other debts -€6,705
down €6,705 (-88.6%), from €7,565 to €860
- Tax, wage and social debts -€3,208
down €3,208 (-41.9%), from €7,654 to €4,446
- Short-term financial debts -€1,087
down €1,087 (-81.8%), from €1,329 to €242
- Trade debts +€708
up €708 (+2048.0%), from €35 to €743
- Gross operating margin -€10,395
down €10,395 (-22.4%), from €46,464 to €36,069
- Taxes -€1,343
down €1,343 (-15.4%), from €8,738 to €7,395
- Financial charges -€1,020
down €1,020 (-30.7%), from €3,324 to €2,304
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.
Cash bridge derived
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 | €26,236 | €36,062 | +€9,826 | +37.5% |
| Fixed assets | 21/28 | €3,792 | €5,397 | +€1,605 | +42.3% |
| Tangible fixed assets | 22/27 | €3,792 | €5,397 | +€1,605 | +42.3% |
| Plant, machinery and equipment | 23 | - | €1,342 | +€1,342 | |
| Furniture and vehicles | 24 | €3,792 | €4,054 | +€263 | +6.9% |
| Current assets | 29/58 | €22,444 | €30,665 | +€8,221 | +36.6% |
| Amounts receivable within one year | 40/41 | €13,635 | €15,689 | +€2,053 | +15.1% |
| Trade receivables | 40 | €12,274 | €12,100 | -€174 | -1.4% |
| Other amounts receivable | 41 | €1,362 | €3,589 | +€2,227 | +163.5% |
| Current investments | 50/53 | - | €14,019 | +€14,019 | |
| Cash at bank and in hand | 54/58 | €8,809 | €957 | -€7,852 | -89.1% |
| Total equity and liabilities | 10/49 | €26,236 | €36,062 | +€9,826 | +37.5% |
| Equity | 10/15 | €9,654 | €29,771 | +€20,117 | +208.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,654 | €26,771 | +€20,117 | +302.3% |
| Amounts payable | 17/49 | €16,582 | €6,291 | -€10,291 | -62.1% |
| Amounts payable within one year | 42/48 | €16,582 | €6,291 | -€10,291 | -62.1% |
| Financial debts | 43 | €1,329 | €242 | -€1,087 | -81.8% |
| Credit institutions | 430/8 | €1,329 | €242 | -€1,087 | -81.8% |
| Trade debts | 44 | €35 | €743 | +€708 | +2048.0% |
| Suppliers | 440/4 | €35 | €743 | +€708 | +2048.0% |
| Taxes, remuneration and social security | 45 | €7,654 | €4,446 | -€3,208 | -41.9% |
| Taxes | 450/3 | €7,654 | €4,446 | -€3,208 | -41.9% |
| Other amounts payable | 47/48 | €7,565 | €860 | -€6,705 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,578 | €1,594 | +€16 | +1.0% |
| Other operating charges | 640/8 | €835 | €393 | -€441 | -52.9% |
| Non-recurring operating charges | 66A | €1,051 | €0 | -€1,051 | -100.0% |
| Gross operating margin | 9900 | €46,464 | €36,069 | -€10,395 | -22.4% |
| Operating profit (loss) | 9901 | €43,001 | €34,082 | -€8,919 | -20.7% |
| Financial income | 75/76B | €1 | €19 | +€19 | +3301.8% |
| Recurring financial income | 75 | €1 | €19 | +€19 | +3301.8% |
| Financial charges | 65/66B | €3,324 | €2,304 | -€1,020 | -30.7% |
| Recurring financial charges | 65 | €3,324 | €2,304 | -€1,020 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €39,677 | €31,797 | -€7,880 | -19.9% |
| Income taxes | 67/77 | €8,738 | €7,395 | -€1,343 | -15.4% |
| Profit (loss) for the period | 9904 | €30,940 | €24,402 | -€6,537 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,940 | €24,402 | -€6,537 | -21.1% |
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 9 October 2026 via checked.be.