VETCONSULT: 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.
VETCONSULT
Largest movements
- Cash +€44,437
up €44,437 (+68.9%), from €64,462 to €108,899
mainly Net result for the year (+€40,481) and Depreciation (+€35,661)
- Tangible fixed assets -€11,511
down €11,511 (-4.1%), from €280,327 to €268,816
of which Furniture and vehicles: -€6,302
- Reserves +€40,481
up €40,481 (+21.2%), from €190,822 to €231,303
- Other debts -€27,667
down €27,667 (-32.5%), from €85,169 to €57,503
- Debts after one year +€16,399
up €16,399 (+65.0%), from €25,244 to €41,643
- Current portion of long-term debt +€8,517
up €8,517 (+42.3%), from €20,140 to €28,657
- Tax, wage and social debts -€5,952
down €5,952 (-32.2%), from €18,466 to €12,513
of which Taxes: -€5,952
- Other operating charges +€27,374
up €27,374 (+2,229%), from €1,228 to €28,602
- Gross operating margin +€15,352
up €15,352 (+13.6%), from €113,138 to €128,489
- Depreciation -€6,059
down €6,059 (-14.5%), from €41,720 to €35,661
- Taxes -€1,854
down €1,854 (-10.2%), from €18,154 to €16,300
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 | €358,247 | €390,686 | +€32,439 | +9.1% |
| Fixed assets | 21/28 | €280,327 | €268,816 | -€11,511 | -4.1% |
| Tangible fixed assets | 22/27 | €280,327 | €268,816 | -€11,511 | -4.1% |
| Land and buildings | 22 | €24,838 | €19,156 | -€5,682 | -22.9% |
| Plant, machinery and equipment | 23 | €78,627 | €79,100 | +€473 | +0.6% |
| Furniture and vehicles | 24 | €176,862 | €170,560 | -€6,302 | -3.6% |
| Current assets | 29/58 | €77,920 | €121,870 | +€43,951 | +56.4% |
| Amounts receivable within one year | 40/41 | €487 | - | -€487 | |
| Trade receivables | 40 | €487 | - | -€487 | |
| Current investments | 50/53 | €12,971 | €12,971 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,462 | €108,899 | +€44,437 | +68.9% |
| Total equity and liabilities | 10/49 | €358,247 | €390,686 | +€32,439 | +9.1% |
| Equity | 10/15 | €203,222 | €243,703 | +€40,481 | +19.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €190,822 | €231,303 | +€40,481 | +21.2% |
| Distributable reserves | 133 | €190,822 | €231,303 | +€40,481 | +21.2% |
| Amounts payable | 17/49 | €155,024 | €146,983 | -€8,041 | -5.2% |
| Amounts payable after more than one year | 17 | €25,244 | €41,643 | +€16,399 | +65.0% |
| Financial debts | 170/4 | €25,244 | €41,643 | +€16,399 | +65.0% |
| Amounts payable within one year | 42/48 | €129,781 | €105,340 | -€24,441 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €20,140 | €28,657 | +€8,517 | +42.3% |
| Trade debts | 44 | €6,006 | €6,667 | +€661 | +11.0% |
| Suppliers | 440/4 | €6,006 | €6,667 | +€661 | +11.0% |
| Taxes, remuneration and social security | 45 | €18,466 | €12,513 | -€5,952 | -32.2% |
| Taxes | 450/3 | €14,036 | €8,083 | -€5,952 | -42.4% |
| Remuneration and social security | 454/9 | €4,430 | €4,430 | = | 0.0% |
| Other amounts payable | 47/48 | €85,169 | €57,503 | -€27,667 | -32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,720 | €35,661 | -€6,059 | -14.5% |
| Other operating charges | 640/8 | €1,228 | €28,602 | +€27,374 | +2,229% |
| Gross operating margin | 9900 | €113,138 | €128,489 | +€15,352 | +13.6% |
| Operating profit (loss) | 9901 | €70,189 | €64,226 | -€5,963 | -8.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.7% |
| Financial charges | 65/66B | €7,518 | €7,446 | -€72 | -1.0% |
| Recurring financial charges | 65 | €7,518 | €7,446 | -€72 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €62,671 | €56,780 | -€5,891 | -9.4% |
| Income taxes | 67/77 | €18,154 | €16,300 | -€1,854 | -10.2% |
| Profit (loss) for the period | 9904 | €44,518 | €40,481 | -€4,037 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,518 | €40,481 | -€4,037 | -9.1% |
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 16 October 2026 via checked.be.