VE² 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.
VE² CONSULTING
Largest movements
- Tangible fixed assets -€12,940
down €12,940 (-27.5%), from €46,995 to €34,056
of which Leasing and similar rights: -€8,432
- Receivables within one year +€8,350
up €8,350 (+38.3%), from €21,795 to €30,145
of which Trade receivables: +€5,705
- Cash -€3,673
down €3,673 (-22.8%), from €16,142 to €12,469
mainly Contributions, distributions and other (-€22,578) and Debts after one year (-€8,507)
- Deferred charges and accrued income -€1,080
down €1,080 (-52.2%), from €2,069 to €990
- Profit (loss) carried forward +€29,675
up €29,675, from €0 to €29,675
- Reserves -€22,578
down €22,578 (-66.6%), from €33,897 to €11,319
- Debts after one year -€8,507
down €8,507 (-49.8%), from €17,099 to €8,592
- Other debts -€7,999
down €7,999 (-51.1%), from €15,656 to €7,658
- Gross operating margin +€10,145
up €10,145 (+21.4%), from €47,376 to €57,521
- Taxes +€3,125
up €3,125 (+34.7%), from €9,017 to €12,142
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 | €87,002 | €77,660 | -€9,342 | -10.7% |
| Fixed assets | 21/28 | €46,995 | €34,056 | -€12,940 | -27.5% |
| Tangible fixed assets | 22/27 | €46,995 | €34,056 | -€12,940 | -27.5% |
| Plant, machinery and equipment | 23 | €1,096 | €769 | -€327 | -29.8% |
| Furniture and vehicles | 24 | €3,473 | €2,188 | -€1,285 | -37.0% |
| Leasing and similar rights | 25 | €25,980 | €17,548 | -€8,432 | -32.5% |
| Other tangible fixed assets | 26 | €16,447 | €13,551 | -€2,896 | -17.6% |
| Current assets | 29/58 | €40,006 | €43,604 | +€3,598 | +9.0% |
| Amounts receivable within one year | 40/41 | €21,795 | €30,145 | +€8,350 | +38.3% |
| Trade receivables | 40 | €21,768 | €27,473 | +€5,705 | +26.2% |
| Other amounts receivable | 41 | €27 | €2,672 | +€2,645 | +9,968% |
| Cash at bank and in hand | 54/58 | €16,142 | €12,469 | -€3,673 | -22.8% |
| Deferred charges and accrued income | 490/1 | €2,069 | €990 | -€1,080 | -52.2% |
| Total equity and liabilities | 10/49 | €87,002 | €77,660 | -€9,342 | -10.7% |
| Equity | 10/15 | €35,897 | €42,994 | +€7,097 | +19.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,897 | €11,319 | -€22,578 | -66.6% |
| Distributable reserves | 133 | €33,897 | €11,319 | -€22,578 | -66.6% |
| Profit (loss) carried forward | 14 | €0 | €29,675 | +€29,675 | |
| Amounts payable | 17/49 | €51,105 | €34,666 | -€16,439 | -32.2% |
| Amounts payable after more than one year | 17 | €17,099 | €8,592 | -€8,507 | -49.8% |
| Financial debts | 170/4 | €17,099 | €8,592 | -€8,507 | -49.8% |
| Amounts payable within one year | 42/48 | €33,133 | €25,268 | -€7,865 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €8,424 | €8,507 | +€84 | +1.0% |
| Trade debts | 44 | €241 | €413 | +€172 | +71.6% |
| Suppliers | 440/4 | €241 | €413 | +€172 | +71.6% |
| Taxes, remuneration and social security | 45 | €8,813 | €8,690 | -€123 | -1.4% |
| Taxes | 450/3 | €8,813 | €8,690 | -€123 | -1.4% |
| Other amounts payable | 47/48 | €15,656 | €7,658 | -€7,999 | -51.1% |
| Accrued charges and deferred income | 492/3 | €872 | €806 | -€66 | -7.6% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,941 | €12,940 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,436 | €1,286 | -€151 | -10.5% |
| Gross operating margin | 9900 | €47,376 | €57,521 | +€10,145 | +21.4% |
| Operating profit (loss) | 9901 | €32,999 | €43,046 | +€10,047 | +30.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -90.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -90.3% |
| Financial charges | 65/66B | €1,407 | €1,228 | -€179 | -12.7% |
| Recurring financial charges | 65 | €1,407 | €1,228 | -€179 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €31,595 | €41,818 | +€10,223 | +32.4% |
| Income taxes | 67/77 | €9,017 | €12,142 | +€3,125 | +34.7% |
| Profit (loss) for the period | 9904 | €22,578 | €29,675 | +€7,097 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,578 | €29,675 | +€7,097 | +31.4% |
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.