VEGO 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.
VEGO Consulting
Largest movements
- Current investments +€69,829
new in 2025: €69,829
- Cash -€24,117
down €24,117 (-86.9%), from €27,746 to €3,629
mainly Current investments (-€69,829) and Receivables within one year (-€13,962)
- Receivables within one year +€13,962
up €13,962 (+113%), from €12,385 to €26,347
of which Trade receivables: +€10,058
- Profit (loss) carried forward +€49,036
up €49,036 (+192%), from €25,578 to €74,614
- Tax, wage and social debts +€13,017
up €13,017 (+165%), from €7,873 to €20,890
- Other debts -€2,994
down €2,994 (-100%), from €2,994 to €0
- Gross operating margin +€31,411
up €31,411 (+92.6%), from €33,926 to €65,337
- Taxes +€5,932
up €5,932 (+88.6%), from €6,698 to €12,629
- Financial charges +€1,661
up €1,661 (+267%), from €623 to €2,284
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 | €42,186 | €100,707 | +€58,521 | +139% |
| Formation expenses | 20 | €609 | €0 | -€609 | -100% |
| Fixed assets | 21/28 | €1,447 | €903 | -€544 | -37.6% |
| Tangible fixed assets | 22/27 | €1,447 | €903 | -€544 | -37.6% |
| Furniture and vehicles | 24 | €1,447 | €903 | -€544 | -37.6% |
| Current assets | 29/58 | €40,130 | €99,804 | +€59,674 | +149% |
| Amounts receivable within one year | 40/41 | €12,385 | €26,347 | +€13,962 | +113% |
| Trade receivables | 40 | €11,605 | €21,663 | +€10,058 | +86.7% |
| Other amounts receivable | 41 | €780 | €4,684 | +€3,904 | +501% |
| Current investments | 50/53 | - | €69,829 | +€69,829 | |
| Cash at bank and in hand | 54/58 | €27,746 | €3,629 | -€24,117 | -86.9% |
| Total equity and liabilities | 10/49 | €42,186 | €100,707 | +€58,521 | +139% |
| Equity | 10/15 | €30,578 | €79,614 | +€49,036 | +160% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,578 | €74,614 | +€49,036 | +192% |
| Amounts payable | 17/49 | €11,608 | €21,093 | +€9,485 | +81.7% |
| Amounts payable within one year | 42/48 | €11,608 | €20,941 | +€9,333 | +80.4% |
| Trade debts | 44 | €742 | €51 | -€690 | -93.1% |
| Suppliers | 440/4 | €742 | €51 | -€690 | -93.1% |
| Taxes, remuneration and social security | 45 | €7,873 | €20,890 | +€13,017 | +165% |
| Taxes | 450/3 | €7,873 | €20,890 | +€13,017 | +165% |
| Other amounts payable | 47/48 | €2,994 | €0 | -€2,994 | -100% |
| Accrued charges and deferred income | 492/3 | - | €152 | +€152 | |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €1,153 | +€320 | +38.5% |
| Other operating charges | 640/8 | - | €89 | +€89 | |
| Non-recurring operating charges | 66A | €195 | €0 | -€195 | -100% |
| Gross operating margin | 9900 | €33,926 | €65,337 | +€31,411 | +92.6% |
| Operating profit (loss) | 9901 | €32,898 | €63,845 | +€30,947 | +94.1% |
| Financial income | 75/76B | - | €104 | +€104 | |
| Recurring financial income | 75 | - | €104 | +€104 | |
| Financial charges | 65/66B | €623 | €2,284 | +€1,661 | +267% |
| Recurring financial charges | 65 | €623 | €2,284 | +€1,661 | +267% |
| Profit (loss) for the period before taxes | 9903 | €32,275 | €61,665 | +€29,390 | +91.1% |
| Income taxes | 67/77 | €6,698 | €12,629 | +€5,932 | +88.6% |
| Profit (loss) for the period | 9904 | €25,578 | €49,036 | +€23,458 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,578 | €49,036 | +€23,458 | +91.7% |
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.