VLF CONSULTING: what changed
Two fiscal 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.
VLF CONSULTING
Largest movements
- Receivables within one year -€12,834
down €12,834 (-80.2%), from €15,999 to €3,165
of which Trade receivables: -€12,318
- Cash +€2,806
up €2,806 (+194.0%), from €1,446 to €4,252
mainly Receivables within one year (+€12,834) and Other debts (+€4,812)
- Profit (loss) carried forward -€13,695
down €13,695 (-372.8%), from -€3,673 to -€17,368
- Other debts +€4,812
up €4,812 (+218.8%), from €2,200 to €7,012
- Advances received -€1,890
no longer reported in 2025 (was €1,890)
- Trade debts +€739
up €739 (+108.0%), from €685 to €1,424
- Gross operating margin -€12,149
down €12,149 (-3412.9%), from -€356 to -€12,504
- Financial charges +€716
up €716 (+823.3%), from €87 to €803
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.
Cash bridge derived
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 | €17,445 | €7,417 | -€10,028 | -57.5% |
| Current assets | 29/58 | €17,445 | €7,417 | -€10,028 | -57.5% |
| Amounts receivable within one year | 40/41 | €15,999 | €3,165 | -€12,834 | -80.2% |
| Trade receivables | 40 | €15,311 | €2,993 | -€12,318 | -80.5% |
| Other amounts receivable | 41 | €689 | €172 | -€517 | -75.1% |
| Cash at bank and in hand | 54/58 | €1,446 | €4,252 | +€2,806 | +194.0% |
| Total equity and liabilities | 10/49 | €17,445 | €7,417 | -€10,028 | -57.5% |
| Equity | 10/15 | €12,611 | -€1,084 | -€13,695 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €3,884 | €3,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,884 | - | -€3,884 | |
| Reserves not available under the articles | 1311 | €3,884 | - | -€3,884 | |
| Distributable reserves | 133 | - | €3,884 | +€3,884 | |
| Profit (loss) carried forward | 14 | -€3,673 | -€17,368 | -€13,695 | -372.8% |
| Amounts payable | 17/49 | €4,834 | €8,501 | +€3,667 | +75.9% |
| Amounts payable within one year | 42/48 | €4,834 | €8,501 | +€3,667 | +75.9% |
| Trade debts | 44 | €685 | €1,424 | +€739 | +108.0% |
| Suppliers | 440/4 | €685 | €1,424 | +€739 | +108.0% |
| Advances received on contracts in progress | 46 | €1,890 | - | -€1,890 | |
| Taxes, remuneration and social security | 45 | €60 | €65 | +€5 | +8.4% |
| Taxes | 450/3 | €60 | €65 | +€5 | +8.4% |
| Other amounts payable | 47/48 | €2,200 | €7,012 | +€4,812 | +218.8% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€356 | -€12,504 | -€12,149 | -3412.9% |
| Operating profit (loss) | 9901 | -€740 | -€12,892 | -€12,151 | -1641.2% |
| Financial charges | 65/66B | €87 | €803 | +€716 | +823.3% |
| Recurring financial charges | 65 | €87 | €803 | +€716 | +823.3% |
| Profit (loss) for the period before taxes | 9903 | -€827 | -€13,695 | -€12,868 | -1555.2% |
| Profit (loss) for the period | 9904 | -€827 | -€13,695 | -€12,868 | -1555.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€827 | -€13,695 | -€12,868 | -1555.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.