VeGeConsult: 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.
VeGeConsult
Largest movements
- Current investments +€20,114
new in 2025: €20,114
- Cash +€9,469
up €9,469 (+30.7%), from €30,839 to €40,308
mainly Net result for the year (+€29,491) and Receivables within one year (+€5,344)
- Receivables within one year -€5,344
down €5,344 (-29.3%), from €18,242 to €12,899
of which Trade receivables: -€5,329
- Tangible fixed assets +€2,918
up €2,918 (+222%), from €1,312 to €4,230
of which Furniture and vehicles: +€3,270
- Reserves +€29,491
up €29,491 (+109%), from €27,138 to €56,629
- Other debts -€1,615
down €1,615 (-16.6%), from €9,733 to €8,118
- Trade debts -€1,479
down €1,479 (-52.7%), from €2,808 to €1,329
- Tax, wage and social debts +€1,263
up €1,263 (+17.7%), from €7,130 to €8,392
- Gross operating margin +€8,677
up €8,677 (+26.7%), from €32,448 to €41,124
- Taxes +€2,302
up €2,302 (+36.4%), from €6,323 to €8,625
- Financial charges -€587
down €587 (-23.2%), from €2,529 to €1,942
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 | €51,193 | €78,404 | +€27,210 | +53.2% |
| Fixed assets | 21/28 | €1,312 | €4,230 | +€2,918 | +222% |
| Tangible fixed assets | 22/27 | €1,312 | €4,230 | +€2,918 | +222% |
| Plant, machinery and equipment | 23 | €743 | €391 | -€352 | -47.4% |
| Furniture and vehicles | 24 | €569 | €3,839 | +€3,270 | +575% |
| Current assets | 29/58 | €49,882 | €74,174 | +€24,292 | +48.7% |
| Amounts receivable within one year | 40/41 | €18,242 | €12,899 | -€5,344 | -29.3% |
| Trade receivables | 40 | €18,228 | €12,899 | -€5,329 | -29.2% |
| Other amounts receivable | 41 | €14 | €0 | -€14 | -100% |
| Current investments | 50/53 | - | €20,114 | +€20,114 | |
| Cash at bank and in hand | 54/58 | €30,839 | €40,308 | +€9,469 | +30.7% |
| Deferred charges and accrued income | 490/1 | €801 | €853 | +€53 | +6.6% |
| Total equity and liabilities | 10/49 | €51,193 | €78,404 | +€27,210 | +53.2% |
| Equity | 10/15 | €30,138 | €59,629 | +€29,491 | +97.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,138 | €56,629 | +€29,491 | +109% |
| Distributable reserves | 133 | €27,138 | €56,629 | +€29,491 | +109% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,055 | €18,775 | -€2,280 | -10.8% |
| Amounts payable within one year | 42/48 | €19,671 | €17,839 | -€1,832 | -9.3% |
| Trade debts | 44 | €2,808 | €1,329 | -€1,479 | -52.7% |
| Suppliers | 440/4 | €2,808 | €1,329 | -€1,479 | -52.7% |
| Taxes, remuneration and social security | 45 | €7,130 | €8,392 | +€1,263 | +17.7% |
| Taxes | 450/3 | €7,130 | €8,392 | +€1,263 | +17.7% |
| Other amounts payable | 47/48 | €9,733 | €8,118 | -€1,615 | -16.6% |
| Accrued charges and deferred income | 492/3 | €1,384 | €936 | -€449 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €840 | +€72 | +9.3% |
| Other operating charges | 640/8 | €445 | €402 | -€44 | -9.8% |
| Gross operating margin | 9900 | €32,448 | €41,124 | +€8,677 | +26.7% |
| Operating profit (loss) | 9901 | €31,234 | €39,882 | +€8,649 | +27.7% |
| Financial income | 75/76B | €98 | €176 | +€78 | +79.7% |
| Recurring financial income | 75 | €98 | €176 | +€78 | +79.7% |
| Financial charges | 65/66B | €2,529 | €1,942 | -€587 | -23.2% |
| Recurring financial charges | 65 | €2,529 | €1,942 | -€587 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €28,802 | €38,116 | +€9,314 | +32.3% |
| Income taxes | 67/77 | €6,323 | €8,625 | +€2,302 | +36.4% |
| Profit (loss) for the period | 9904 | €22,479 | €29,491 | +€7,012 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,479 | €29,491 | +€7,012 | +31.2% |
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 14 October 2026 via checked.be.