VEGA ENGINEERING EN CONSULTING: what changed
What changed
VEGA ENGINEERING EN CONSULTING
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€117,422
2024 · €216,187-€98,765
Equity
€1.1m
2024 · €1.5m-€361,684
Cash
€187,283
2024 · €323,708-€136,425
Balance sheet total
€1.2m
2024 · €1.5m-€375,319
Largest movements
Assets
- Current investments -€219,016
down €219,016 (-21.0%), from €1.0m to €822,541
- Cash -€136,425
down €136,425 (-42.1%), from €323,708 to €187,283
mainly Contributions, distributions and other (-€479,106) and Tax, wage and social debts (-€15,164)
- Tangible fixed assets -€29,425
down €29,425 (-20.3%), from €145,276 to €115,851
of which Furniture and vehicles: -€23,329
Equity and liabilities
- Reserves -€361,684
down €361,684 (-24.4%), from €1.5m to €1.1m
Income statement
- Gross operating margin -€70,671
down €70,671 (-28.3%), from €249,734 to €179,064
- Financial charges +€23,889
up €23,889 (+14,644%), from €163 to €24,052
- Taxes -€18,942
down €18,942 (-21.6%), from €87,552 to €68,610
- Depreciation +€13,676
up €13,676 (+88.5%), from €15,449 to €29,125
- Financial income -€10,880
down €10,880 (-15.0%), from €72,316 to €61,436
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€216,187
Gross operating margin
-€70,671
Depreciation
-€13,676
Other operating charges
+€1,409
Financial income
-€10,880
Financial charges
-€23,889
Taxes
+€18,942
Result 2025
€117,422
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€122,693
Investment
+€219,316
Financing
-€478,433
Cash 2024
€323,708
From operations (derived)
+€122,693
Net result for the year
+€117,422
Depreciation
+€29,125
Receivables within one year
-€10,792
Deferred charges and accrued income
+€1,245
Trade debts
+€856
Tax, wage and social debts
-€15,164
Investment (derived)
+€219,316
Investment in fixed assets (net)
+€300
Current investments
+€219,016
Financing
-€478,433
Short-term financial debts
+€673
Contributions, distributions and other
-€479,106
Cash 2025
€187,283
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,545,138 | €1,169,819 | -€375,319 | -24.3% |
| Fixed assets | 21/28 | €145,276 | €115,851 | -€29,425 | -20.3% |
| Tangible fixed assets | 22/27 | €145,276 | €115,851 | -€29,425 | -20.3% |
| Furniture and vehicles | 24 | €113,218 | €89,889 | -€23,329 | -20.6% |
| Other tangible fixed assets | 26 | €32,058 | €25,962 | -€6,096 | -19.0% |
| Current assets | 29/58 | €1,399,862 | €1,053,968 | -€345,894 | -24.7% |
| Amounts receivable within one year | 40/41 | €30,849 | €41,641 | +€10,792 | +35.0% |
| Trade receivables | 40 | €674 | €16,874 | +€16,200 | +2,403% |
| Other amounts receivable | 41 | €30,175 | €24,767 | -€5,408 | -17.9% |
| Current investments | 50/53 | €1,041,557 | €822,541 | -€219,016 | -21.0% |
| Cash at bank and in hand | 54/58 | €323,708 | €187,283 | -€136,425 | -42.1% |
| Deferred charges and accrued income | 490/1 | €3,749 | €2,503 | -€1,245 | -33.2% |
| Total equity and liabilities | 10/49 | €1,545,138 | €1,169,819 | -€375,319 | -24.3% |
| Equity | 10/15 | €1,504,359 | €1,142,675 | -€361,684 | -24.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,484,359 | €1,122,675 | -€361,684 | -24.4% |
| Distributable reserves | 133 | €1,484,359 | €1,122,675 | -€361,684 | -24.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,779 | €27,144 | -€13,635 | -33.4% |
| Amounts payable within one year | 42/48 | €36,762 | €23,127 | -€13,635 | -37.1% |
| Financial debts | 43 | €751 | €1,424 | +€673 | +89.6% |
| Credit institutions | 430/8 | €751 | €1,424 | +€673 | +89.6% |
| Trade debts | 44 | €186 | €1,042 | +€856 | +459% |
| Suppliers | 440/4 | €186 | €1,042 | +€856 | +459% |
| Taxes, remuneration and social security | 45 | €35,824 | €20,660 | -€15,164 | -42.3% |
| Taxes | 450/3 | €35,824 | €20,660 | -€15,164 | -42.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,017 | €4,017 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,449 | €29,125 | +€13,676 | +88.5% |
| Other operating charges | 640/8 | €2,699 | €1,290 | -€1,409 | -52.2% |
| Gross operating margin | 9900 | €249,734 | €179,064 | -€70,671 | -28.3% |
| Operating profit (loss) | 9901 | €231,586 | €148,649 | -€82,938 | -35.8% |
| Financial income | 75/76B | €72,316 | €61,436 | -€10,880 | -15.0% |
| Recurring financial income | 75 | €72,316 | €61,436 | -€10,880 | -15.0% |
| Financial charges | 65/66B | €163 | €24,052 | +€23,889 | +14,644% |
| Recurring financial charges | 65 | €163 | €24,052 | +€23,889 | +14,644% |
| Profit (loss) for the period before taxes | 9903 | €303,739 | €186,033 | -€117,707 | -38.8% |
| Income taxes | 67/77 | €87,552 | €68,610 | -€18,942 | -21.6% |
| Profit (loss) for the period | 9904 | €216,187 | €117,422 | -€98,765 | -45.7% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €216,187 | €117,422 | -€98,765 | -45.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.