VELGE 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.
VELGE CONSULT
Largest movements
- Tangible fixed assets +€76,645
up €76,645 (+41.8%), from €183,174 to €259,819
of which Other tangible fixed assets: +€97,266
- Cash -€7,517
down €7,517 (-80.2%), from €9,369 to €1,852
mainly Investment in fixed assets (net) (-€115,895) and Net result for the year (-€1,876)
- Other debts +€58,748
up €58,748 (+19.4%), from €303,528 to €362,276
- Trade debts +€8,611
up €8,611 (+26.9%), from €32,029 to €40,640
- Tax, wage and social debts +€4,070
up €4,070 (+937%), from €434 to €4,504
- Financial income +€89,159
new in 2024: €89,159
- Turnover -€10,000
no longer reported in 2024 (was €10,000)
- Gross operating margin -€9,260
down €9,260 (-24.8%), from -€37,273 to -€46,533
- Depreciation +€4,279
up €4,279 (+12.2%), from €35,002 to €39,281
- Purchases and services -€2,400
down €2,400 (-4.0%), from €60,334 to €57,934
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,840 | €331,393 | +€69,554 | +26.6% |
| Fixed assets | 21/28 | €183,388 | €260,003 | +€76,615 | +41.8% |
| Tangible fixed assets | 22/27 | €183,174 | €259,819 | +€76,645 | +41.8% |
| Land and buildings | 22 | €127,740 | €119,039 | -€8,701 | -6.8% |
| Furniture and vehicles | 24 | €26,939 | €15,019 | -€11,920 | -44.2% |
| Other tangible fixed assets | 26 | €28,495 | €125,761 | +€97,266 | +341% |
| Financial fixed assets | 28 | €214 | €184 | -€30 | -14.0% |
| Current assets | 29/58 | €78,451 | €71,390 | -€7,061 | -9.0% |
| Amounts receivable within one year | 40/41 | €65,110 | €65,183 | +€73 | +0.1% |
| Trade receivables | 40 | €61,118 | €61,118 | = | 0.0% |
| Other amounts receivable | 41 | €3,992 | €4,065 | +€73 | +1.8% |
| Cash at bank and in hand | 54/58 | €9,369 | €1,852 | -€7,517 | -80.2% |
| Deferred charges and accrued income | 490/1 | €3,972 | €4,355 | +€383 | +9.6% |
| Total equity and liabilities | 10/49 | €261,840 | €331,393 | +€69,554 | +26.6% |
| Equity | 10/15 | -€75,820 | -€77,696 | -€1,876 | -2.5% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,820 | -€201,696 | -€1,876 | -0.9% |
| Amounts payable | 17/49 | €337,660 | €409,089 | +€71,429 | +21.2% |
| Amounts payable within one year | 42/48 | €335,992 | €407,421 | +€71,429 | +21.3% |
| Trade debts | 44 | €32,029 | €40,640 | +€8,611 | +26.9% |
| Suppliers | 440/4 | €32,029 | €40,640 | +€8,611 | +26.9% |
| Taxes, remuneration and social security | 45 | €434 | €4,504 | +€4,070 | +937% |
| Taxes | 450/3 | €434 | €4,504 | +€4,070 | +937% |
| Other amounts payable | 47/48 | €303,528 | €362,276 | +€58,748 | +19.4% |
| Accrued charges and deferred income | 492/3 | €1,668 | €1,668 | = | 0.0% |
| Turnover | 70 | €10,000 | - | -€10,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €60,334 | €57,934 | -€2,400 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,002 | €39,281 | +€4,279 | +12.2% |
| Other operating charges | 640/8 | €1,795 | €1,209 | -€586 | -32.7% |
| Gross operating margin | 9900 | -€37,273 | -€46,533 | -€9,260 | -24.8% |
| Operating profit (loss) | 9901 | -€74,070 | -€87,023 | -€12,953 | -17.5% |
| Financial income | 75/76B | - | €89,159 | +€89,159 | |
| Recurring financial income | 75 | - | €89,159 | +€89,159 | |
| Financial charges | 65/66B | €3,377 | €3,460 | +€84 | +2.5% |
| Recurring financial charges | 65 | €3,377 | €3,460 | +€84 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€77,447 | -€1,324 | +€76,122 | +98.3% |
| Income taxes | 67/77 | €227 | €551 | +€324 | +143% |
| Profit (loss) for the period | 9904 | -€77,673 | -€1,876 | +€75,798 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,673 | -€1,876 | +€75,798 | +97.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.