Vierhoek 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.
Vierhoek Consulting
Largest movements
- Receivables within one year +€52,522
up €52,522 (+65.3%), from €80,412 to €132,934
of which Other amounts receivable: +€91,290
- Receivables after one year -€45,760
down €45,760 (-51.9%), from €88,136 to €42,376
of which Trade receivables: -€46,560
- Cash +€28,051
up €28,051 (+23.3%), from €120,417 to €148,468
mainly Net result for the year (+€47,579) and Receivables after one year (+€45,760)
- Tangible fixed assets -€20,987
down €20,987 (-5.5%), from €382,207 to €361,220
of which Land and buildings: -€20,756
- Reserves +€47,579
up €47,579 (+12.5%), from €379,863 to €427,442
- Trade debts -€17,029
down €17,029 (-78.2%), from €21,780 to €4,751
- Other debts -€11,705
no longer reported in 2024 (was €11,705)
- Debts after one year -€9,944
down €9,944 (-5.1%), from €194,671 to €184,727
- Gross operating margin -€44,046
down €44,046 (-29.3%), from €150,155 to €106,109
- Taxes -€12,758
down €12,758 (-38.2%), from €33,356 to €20,597
- Depreciation +€3,688
up €3,688 (+13.3%), from €27,665 to €31,352
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 | €671,303 | €685,132 | +€13,829 | +2.1% |
| Fixed assets | 21/28 | €382,207 | €361,220 | -€20,987 | -5.5% |
| Tangible fixed assets | 22/27 | €382,207 | €361,220 | -€20,987 | -5.5% |
| Land and buildings | 22 | €366,692 | €345,936 | -€20,756 | -5.7% |
| Plant, machinery and equipment | 23 | €1,140 | €3,489 | +€2,349 | +206% |
| Furniture and vehicles | 24 | €14,375 | €11,794 | -€2,581 | -18.0% |
| Current assets | 29/58 | €289,096 | €323,912 | +€34,816 | +12.0% |
| Amounts receivable after more than one year | 29 | €88,136 | €42,376 | -€45,760 | -51.9% |
| Trade receivables | 290 | €46,560 | - | -€46,560 | |
| Other amounts receivable | 291 | €41,576 | €42,376 | +€800 | +1.9% |
| Amounts receivable within one year | 40/41 | €80,412 | €132,934 | +€52,522 | +65.3% |
| Trade receivables | 40 | €58,768 | €20,000 | -€38,768 | -66.0% |
| Other amounts receivable | 41 | €21,644 | €112,934 | +€91,290 | +422% |
| Cash at bank and in hand | 54/58 | €120,417 | €148,468 | +€28,051 | +23.3% |
| Deferred charges and accrued income | 490/1 | €131 | €134 | +€3 | +2.4% |
| Total equity and liabilities | 10/49 | €671,303 | €685,132 | +€13,829 | +2.1% |
| Equity | 10/15 | €382,863 | €430,442 | +€47,579 | +12.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €379,863 | €427,442 | +€47,579 | +12.5% |
| Distributable reserves | 133 | €379,863 | €427,442 | +€47,579 | +12.5% |
| Amounts payable | 17/49 | €288,440 | €254,690 | -€33,750 | -11.7% |
| Amounts payable after more than one year | 17 | €194,671 | €184,727 | -€9,944 | -5.1% |
| Financial debts | 170/4 | €194,671 | €184,727 | -€9,944 | -5.1% |
| Amounts payable within one year | 42/48 | €93,769 | €69,963 | -€23,806 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €60,284 | €60,454 | +€170 | +0.3% |
| Trade debts | 44 | €21,780 | €4,751 | -€17,029 | -78.2% |
| Suppliers | 440/4 | €21,780 | €4,751 | -€17,029 | -78.2% |
| Taxes, remuneration and social security | 45 | - | €4,758 | +€4,758 | |
| Taxes | 450/3 | - | €4,758 | +€4,758 | |
| Other amounts payable | 47/48 | €11,705 | - | -€11,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,665 | €31,352 | +€3,688 | +13.3% |
| Other operating charges | 640/8 | €4,335 | €3,211 | -€1,124 | -25.9% |
| Gross operating margin | 9900 | €150,155 | €106,109 | -€44,046 | -29.3% |
| Operating profit (loss) | 9901 | €118,155 | €71,545 | -€46,610 | -39.4% |
| Financial income | 75/76B | €835 | €1,147 | +€312 | +37.4% |
| Recurring financial income | 75 | €835 | €1,147 | +€312 | +37.4% |
| Financial charges | 65/66B | €5,185 | €4,516 | -€669 | -12.9% |
| Recurring financial charges | 65 | €5,185 | €4,516 | -€669 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €113,805 | €68,177 | -€45,629 | -40.1% |
| Income taxes | 67/77 | €33,356 | €20,597 | -€12,758 | -38.2% |
| Profit (loss) for the period | 9904 | €80,449 | €47,579 | -€32,870 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,449 | €47,579 | -€32,870 | -40.9% |
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 17 October 2026 via checked.be.