VEBA 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.
VEBA Consulting
Largest movements
- Cash +€91,903
up €91,903 (+584%), from €15,728 to €107,630
mainly Net result for the year (+€81,671) and Other debts (+€40,000)
- Receivables within one year -€20,554
down €20,554 (-46.2%), from €44,486 to €23,931
of which Other amounts receivable: -€20,007
- Tangible fixed assets -€6,896
down €6,896 (-6.2%), from €111,410 to €104,513
of which Land and buildings: -€4,293
- Other debts +€40,000
up €40,000 (+200%), from €20,000 to €60,000
- Reserves +€21,671
up €21,671 (+16.1%), from €134,280 to €155,951
- Trade debts +€3,537
up €3,537 (+179%), from €1,971 to €5,507
- Gross operating margin +€12,719
up €12,719 (+12.4%), from €102,272 to €114,990
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 | €174,316 | €238,664 | +€64,348 | +36.9% |
| Fixed assets | 21/28 | €111,410 | €104,513 | -€6,896 | -6.2% |
| Tangible fixed assets | 22/27 | €111,410 | €104,513 | -€6,896 | -6.2% |
| Land and buildings | 22 | €93,450 | €89,156 | -€4,293 | -4.6% |
| Plant, machinery and equipment | 23 | €1,108 | €612 | -€496 | -44.8% |
| Furniture and vehicles | 24 | €16,853 | €14,745 | -€2,107 | -12.5% |
| Current assets | 29/58 | €62,907 | €134,151 | +€71,244 | +113% |
| Amounts receivable within one year | 40/41 | €44,486 | €23,931 | -€20,554 | -46.2% |
| Trade receivables | 40 | €23,007 | €22,459 | -€548 | -2.4% |
| Other amounts receivable | 41 | €21,479 | €1,472 | -€20,007 | -93.1% |
| Cash at bank and in hand | 54/58 | €15,728 | €107,630 | +€91,903 | +584% |
| Deferred charges and accrued income | 490/1 | €2,693 | €2,589 | -€104 | -3.9% |
| Total equity and liabilities | 10/49 | €174,316 | €238,664 | +€64,348 | +36.9% |
| Equity | 10/15 | €140,480 | €162,151 | +€21,671 | +15.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,280 | €155,951 | +€21,671 | +16.1% |
| Distributable reserves | 133 | €134,280 | €155,951 | +€21,671 | +16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,836 | €76,513 | +€42,677 | +126% |
| Amounts payable within one year | 42/48 | €33,836 | €76,513 | +€42,677 | +126% |
| Trade debts | 44 | €1,971 | €5,507 | +€3,537 | +179% |
| Suppliers | 440/4 | €1,971 | €5,507 | +€3,537 | +179% |
| Taxes, remuneration and social security | 45 | €11,865 | €11,006 | -€859 | -7.2% |
| Taxes | 450/3 | €11,865 | €11,006 | -€859 | -7.2% |
| Other amounts payable | 47/48 | €20,000 | €60,000 | +€40,000 | +200% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,716 | €6,896 | +€180 | +2.7% |
| Other operating charges | 640/8 | €982 | €931 | -€51 | -5.2% |
| Gross operating margin | 9900 | €102,272 | €114,990 | +€12,719 | +12.4% |
| Operating profit (loss) | 9901 | €94,574 | €107,163 | +€12,590 | +13.3% |
| Financial income | 75/76B | €739 | €65 | -€673 | -91.1% |
| Recurring financial income | 75 | €739 | €65 | -€673 | -91.1% |
| Financial charges | 65/66B | €651 | €628 | -€23 | -3.6% |
| Recurring financial charges | 65 | €651 | €628 | -€23 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €94,661 | €106,601 | +€11,940 | +12.6% |
| Income taxes | 67/77 | €24,614 | €24,930 | +€316 | +1.3% |
| Profit (loss) for the period | 9904 | €70,047 | €81,671 | +€11,624 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,047 | €81,671 | +€11,624 | +16.6% |
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 15 October 2026 via checked.be.