VECTIS CONSULT: 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.
VECTIS CONSULT
Largest movements
- Tangible fixed assets -€8,844
down €8,844 (-25.9%), from €34,138 to €25,294
- Cash +€8,409
up €8,409 (+45.7%), from €18,412 to €26,821
mainly Depreciation (+€9,529) and Receivables within one year (+€3,483)
- Receivables within one year -€3,483
down €3,483 (-15.9%), from €21,878 to €18,395
of which Trade receivables: -€4,802
- Other debts -€3,281
down €3,281 (-51.1%), from €6,424 to €3,143
- Gross operating margin -€5,123
down €5,123 (-30.9%), from €16,559 to €11,437
- Taxes -€1,510
down €1,510 (-71.6%), from €2,110 to €600
- Depreciation +€437
up €437 (+4.8%), from €9,092 to €9,529
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 | €74,429 | €70,510 | -€3,919 | -5.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €34,138 | €25,294 | -€8,844 | -25.9% |
| Tangible fixed assets | 22/27 | €34,138 | €25,294 | -€8,844 | -25.9% |
| Furniture and vehicles | 24 | €34,138 | €25,294 | -€8,844 | -25.9% |
| Current assets | 29/58 | €40,290 | €45,216 | +€4,926 | +12.2% |
| Amounts receivable within one year | 40/41 | €21,878 | €18,395 | -€3,483 | -15.9% |
| Trade receivables | 40 | €20,907 | €16,105 | -€4,802 | -23.0% |
| Other amounts receivable | 41 | €971 | €2,290 | +€1,319 | +136% |
| Cash at bank and in hand | 54/58 | €18,412 | €26,821 | +€8,409 | +45.7% |
| Total equity and liabilities | 10/49 | €74,429 | €70,510 | -€3,919 | -5.3% |
| Equity | 10/15 | €62,347 | €62,718 | +€371 | +0.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €12,347 | €12,718 | +€371 | +3.0% |
| Distributable reserves | 133 | €12,347 | €12,718 | +€371 | +3.0% |
| Amounts payable | 17/49 | €12,082 | €7,792 | -€4,290 | -35.5% |
| Amounts payable within one year | 42/48 | €12,082 | €7,792 | -€4,290 | -35.5% |
| Trade debts | 44 | €618 | €44 | -€574 | -92.9% |
| Suppliers | 440/4 | €618 | €44 | -€574 | -92.9% |
| Taxes, remuneration and social security | 45 | €5,039 | €4,605 | -€434 | -8.6% |
| Taxes | 450/3 | €5,039 | €4,605 | -€434 | -8.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €6,424 | €3,143 | -€3,281 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,092 | €9,529 | +€437 | +4.8% |
| Other operating charges | 640/8 | €737 | €760 | +€24 | +3.2% |
| Gross operating margin | 9900 | €16,559 | €11,437 | -€5,123 | -30.9% |
| Operating profit (loss) | 9901 | €6,730 | €1,147 | -€5,584 | -83.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €203 | €176 | -€27 | -13.4% |
| Recurring financial charges | 65 | €203 | €176 | -€27 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €6,528 | €971 | -€5,557 | -85.1% |
| Income taxes | 67/77 | €2,110 | €600 | -€1,510 | -71.6% |
| Profit (loss) for the period | 9904 | €4,418 | €371 | -€4,047 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,418 | €371 | -€4,047 | -91.6% |
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 17 October 2026 via checked.be.