VDV 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.
VDV Consulting
Largest movements
- Cash +€6,342
up €6,342 (+20.6%), from €30,792 to €37,135
mainly Net result for the year (+€55,326) and Other debts (+€13,616)
- Receivables within one year +€1,520
up €1,520 (+3.8%), from €40,435 to €41,956
- Tangible fixed assets -€1,000
down €1,000 (-41.0%), from €2,438 to €1,438
- Other debts +€13,616
up €13,616 (+39.9%), from €34,167 to €47,784
- Tax, wage and social debts -€4,191
down €4,191 (-25.4%), from €16,513 to €12,322
- Trade debts -€2,562
down €2,562 (-73.1%), from €3,503 to €941
- Gross operating margin +€8,786
up €8,786 (+13.9%), from €63,116 to €71,903
- Taxes +€1,468
up €1,468 (+11.4%), from €12,855 to €14,324
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 | €73,665 | €80,528 | +€6,863 | +9.3% |
| Fixed assets | 21/28 | €2,438 | €1,438 | -€1,000 | -41.0% |
| Tangible fixed assets | 22/27 | €2,438 | €1,438 | -€1,000 | -41.0% |
| Plant, machinery and equipment | 23 | €2,438 | €1,438 | -€1,000 | -41.0% |
| Current assets | 29/58 | €71,228 | €79,090 | +€7,863 | +11.0% |
| Amounts receivable within one year | 40/41 | €40,435 | €41,956 | +€1,520 | +3.8% |
| Trade receivables | 40 | €40,435 | €41,956 | +€1,520 | +3.8% |
| Cash at bank and in hand | 54/58 | €30,792 | €37,135 | +€6,342 | +20.6% |
| Total equity and liabilities | 10/49 | €73,665 | €80,528 | +€6,863 | +9.3% |
| Equity | 10/15 | €19,482 | €19,482 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €882 | €882 | = | 0.0% |
| Tax-exempt reserves | 132 | €882 | €882 | = | 0.0% |
| Amounts payable | 17/49 | €54,183 | €61,046 | +€6,863 | +12.7% |
| Amounts payable within one year | 42/48 | €54,183 | €61,046 | +€6,863 | +12.7% |
| Trade debts | 44 | €3,503 | €941 | -€2,562 | -73.1% |
| Suppliers | 440/4 | €3,503 | €941 | -€2,562 | -73.1% |
| Taxes, remuneration and social security | 45 | €16,513 | €12,322 | -€4,191 | -25.4% |
| Taxes | 450/3 | €16,513 | €12,322 | -€4,191 | -25.4% |
| Other amounts payable | 47/48 | €34,167 | €47,784 | +€13,616 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €517 | €1,000 | +€483 | +93.4% |
| Other operating charges | 640/8 | €1,587 | €1,047 | -€541 | -34.1% |
| Gross operating margin | 9900 | €63,116 | €71,903 | +€8,786 | +13.9% |
| Operating profit (loss) | 9901 | €61,012 | €69,856 | +€8,844 | +14.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €145 | €207 | +€62 | +42.5% |
| Recurring financial charges | 65 | €145 | €207 | +€62 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €60,867 | €69,649 | +€8,783 | +14.4% |
| Income taxes | 67/77 | €12,855 | €14,324 | +€1,468 | +11.4% |
| Profit (loss) for the period | 9904 | €48,012 | €55,326 | +€7,314 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,012 | €55,326 | +€7,314 | +15.2% |
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 24 October 2026 via checked.be.