Vergucht Consultancy: 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.
Vergucht Consultancy
Largest movements
- Current investments +€100,000
up €100,000 (+143%), from €70,000 to €170,000
- Receivables within one year -€32,936
down €32,936 (-76.7%), from €42,955 to €10,019
- Tangible fixed assets -€7,472
down €7,472 (-23.7%), from €31,511 to €24,039
- Cash -€4,839
down €4,839 (-10.0%), from €48,498 to €43,659
mainly Current investments (-€100,000) and Debts after one year (-€7,986)
- Reserves +€71,969
up €71,969 (+56.8%), from €126,816 to €198,785
- Debts after one year -€7,986
down €7,986 (-37.3%), from €21,420 to €13,434
- Tax, wage and social debts -€7,634
down €7,634 (-23.3%), from €32,731 to €25,097
- Gross operating margin -€16,379
down €16,379 (-14.2%), from €115,530 to €99,152
- Taxes -€2,740
down €2,740 (-12.1%), from €22,658 to €19,918
- Financial income +€2,499
up €2,499 (+266%), from €941 to €3,440
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 | €194,184 | €250,456 | +€56,272 | +29.0% |
| Fixed assets | 21/28 | €31,511 | €24,039 | -€7,472 | -23.7% |
| Tangible fixed assets | 22/27 | €31,511 | €24,039 | -€7,472 | -23.7% |
| Furniture and vehicles | 24 | €31,511 | €24,039 | -€7,472 | -23.7% |
| Current assets | 29/58 | €162,673 | €226,418 | +€63,744 | +39.2% |
| Amounts receivable within one year | 40/41 | €42,955 | €10,019 | -€32,936 | -76.7% |
| Trade receivables | 40 | €42,955 | €10,019 | -€32,936 | -76.7% |
| Current investments | 50/53 | €70,000 | €170,000 | +€100,000 | +143% |
| Cash at bank and in hand | 54/58 | €48,498 | €43,659 | -€4,839 | -10.0% |
| Deferred charges and accrued income | 490/1 | €1,220 | €2,740 | +€1,520 | +125% |
| Total equity and liabilities | 10/49 | €194,184 | €250,456 | +€56,272 | +29.0% |
| Equity | 10/15 | €129,816 | €201,785 | +€71,969 | +55.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €126,816 | €198,785 | +€71,969 | +56.8% |
| Distributable reserves | 133 | €126,816 | €198,785 | +€71,969 | +56.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,369 | €48,671 | -€15,697 | -24.4% |
| Amounts payable after more than one year | 17 | €21,420 | €13,434 | -€7,986 | -37.3% |
| Financial debts | 170/4 | €21,420 | €13,434 | -€7,986 | -37.3% |
| Amounts payable within one year | 42/48 | €42,948 | €35,237 | -€7,711 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €7,621 | €7,986 | +€365 | +4.8% |
| Trade debts | 44 | €1,050 | €1,990 | +€940 | +89.6% |
| Suppliers | 440/4 | €1,050 | €1,990 | +€940 | +89.6% |
| Taxes, remuneration and social security | 45 | €32,731 | €25,097 | -€7,634 | -23.3% |
| Taxes | 450/3 | €32,731 | €25,097 | -€7,634 | -23.3% |
| Other amounts payable | 47/48 | €1,547 | €164 | -€1,382 | -89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,673 | €9,028 | +€355 | +4.1% |
| Other operating charges | 640/8 | €399 | €356 | -€43 | -10.8% |
| Gross operating margin | 9900 | €115,530 | €99,152 | -€16,379 | -14.2% |
| Operating profit (loss) | 9901 | €106,458 | €89,767 | -€16,691 | -15.7% |
| Financial income | 75/76B | €941 | €3,440 | +€2,499 | +266% |
| Recurring financial income | 75 | €941 | €3,440 | +€2,499 | +266% |
| Financial charges | 65/66B | €1,662 | €1,319 | -€343 | -20.6% |
| Recurring financial charges | 65 | €1,662 | €1,319 | -€343 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €105,737 | €91,887 | -€13,850 | -13.1% |
| Income taxes | 67/77 | €22,658 | €19,918 | -€2,740 | -12.1% |
| Profit (loss) for the period | 9904 | €83,079 | €71,969 | -€11,110 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €83,079 | €71,969 | -€11,110 | -13.4% |
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 1 November 2026 via checked.be.