VH CONSULT & PARTNERS: 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.
VH CONSULT & PARTNERS
Largest movements
- Financial fixed assets +€969,479
up €969,479 (+209,391%), from €463 to €969,942
- Debts after one year +€739,178
new in 2025: €739,178
- Other debts +€130,700
up €130,700 (+1,346%), from €9,709 to €140,409
- Current portion of long-term debt +€84,994
new in 2025: €84,994
- Profit (loss) carried forward +€13,637
up €13,637, from -€6,692 to €6,944
- Trade debts -€10,352
down €10,352 (-59.9%), from €17,270 to €6,918
- Gross operating margin +€77,970
up €77,970 (+179%), from €43,515 to €121,485
- Staff costs +€33,010
up €33,010 (+70.7%), from €46,702 to €79,712
- Financial charges +€26,172
up €26,172 (+94,314%), from €28 to €26,200
- Other operating charges -€1,997
down €1,997 (-64.8%), from €3,080 to €1,083
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 | €26,718 | €993,743 | +€967,025 | +3,619% |
| Formation expenses | 20 | €837 | €2,138 | +€1,301 | +155% |
| Fixed assets | 21/28 | €1,062 | €970,265 | +€969,203 | +91,261% |
| Tangible fixed assets | 22/27 | €599 | €323 | -€276 | -46.1% |
| Furniture and vehicles | 24 | €599 | €323 | -€276 | -46.1% |
| Financial fixed assets | 28 | €463 | €969,942 | +€969,479 | +209,391% |
| Current assets | 29/58 | €24,819 | €21,340 | -€3,479 | -14.0% |
| Amounts receivable within one year | 40/41 | €8,883 | €9,665 | +€782 | +8.8% |
| Trade receivables | 40 | €8,883 | €9,665 | +€782 | +8.8% |
| Cash at bank and in hand | 54/58 | €15,936 | €11,676 | -€4,261 | -26.7% |
| Total equity and liabilities | 10/49 | €26,718 | €993,743 | +€967,025 | +3,619% |
| Equity | 10/15 | -€554 | €13,082 | +€13,637 | |
| Contributions | 10/11 | €6,138 | €6,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,692 | €6,944 | +€13,637 | |
| Amounts payable | 17/49 | €27,272 | €980,660 | +€953,388 | +3,496% |
| Amounts payable after more than one year | 17 | - | €739,178 | +€739,178 | |
| Financial debts | 170/4 | - | €739,178 | +€739,178 | |
| Amounts payable within one year | 42/48 | €27,272 | €241,483 | +€214,211 | +785% |
| Current portion of amounts payable after more than one year | 42 | - | €84,994 | +€84,994 | |
| Trade debts | 44 | €17,270 | €6,918 | -€10,352 | -59.9% |
| Suppliers | 440/4 | €17,270 | €6,918 | -€10,352 | -59.9% |
| Taxes, remuneration and social security | 45 | €294 | €9,162 | +€8,869 | +3,020% |
| Taxes | 450/3 | €183 | €6,505 | +€6,322 | +3,463% |
| Remuneration and social security | 454/9 | €111 | €2,658 | +€2,547 | +2,293% |
| Other amounts payable | 47/48 | €9,709 | €140,409 | +€130,700 | +1,346% |
| Remuneration, social security and pensions | 62 | €46,702 | €79,712 | +€33,010 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €853 | +€455 | +114% |
| Other operating charges | 640/8 | €3,080 | €1,083 | -€1,997 | -64.8% |
| Gross operating margin | 9900 | €43,515 | €121,485 | +€77,970 | +179% |
| Operating profit (loss) | 9901 | -€6,665 | €39,837 | +€46,501 | |
| Financial charges | 65/66B | €28 | €26,200 | +€26,172 | +94,314% |
| Recurring financial charges | 65 | €28 | €26,200 | +€26,172 | +94,314% |
| Profit (loss) for the period before taxes | 9903 | -€6,692 | €13,637 | +€20,329 | |
| Profit (loss) for the period | 9904 | -€6,692 | €13,637 | +€20,329 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,692 | €13,637 | +€20,329 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.