VLSC 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.
VLSC CONSULTING
Largest movements
- Cash +€44,614
up €44,614 (+90.8%), from €49,110 to €93,725
mainly Net result for the year (+€51,968) and Other debts (+€29,766)
- Receivables within one year -€1,753
down €1,753 (-41.6%), from €4,210 to €2,456
of which Trade receivables: -€4,210
- Deferred charges and accrued income +€1,251
up €1,251 (+138%), from €908 to €2,159
- Other debts +€29,766
up €29,766 (+410%), from €7,258 to €37,024
- Profit (loss) carried forward +€24,944
up €24,944, from -€24,944 to €0
- Reserves -€10,000
down €10,000 (-23.2%), from €43,189 to €33,189
of which Distributable reserves: -€10,000
- Tax, wage and social debts -€1,502
down €1,502 (-8.7%), from €17,320 to €15,817
of which Taxes: -€760
- Trade debts +€1,260
new in 2025: €1,260
- Gross operating margin +€90,710
up €90,710, from -€31,528 to €59,182
- Taxes +€5,157
up €5,157 (+2,471%), from €209 to €5,365
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 | €55,223 | €99,690 | +€44,467 | +80.5% |
| Fixed assets | 21/28 | €995 | €1,350 | +€355 | +35.7% |
| Tangible fixed assets | 22/27 | €995 | €1,350 | +€355 | +35.7% |
| Furniture and vehicles | 24 | €995 | €1,350 | +€355 | +35.7% |
| Current assets | 29/58 | €54,228 | €98,340 | +€44,112 | +81.3% |
| Amounts receivable within one year | 40/41 | €4,210 | €2,456 | -€1,753 | -41.6% |
| Trade receivables | 40 | €4,210 | €0 | -€4,210 | -100% |
| Other amounts receivable | 41 | - | €2,456 | +€2,456 | |
| Cash at bank and in hand | 54/58 | €49,110 | €93,725 | +€44,614 | +90.8% |
| Deferred charges and accrued income | 490/1 | €908 | €2,159 | +€1,251 | +138% |
| Total equity and liabilities | 10/49 | €55,223 | €99,690 | +€44,467 | +80.5% |
| Equity | 10/15 | €30,645 | €45,589 | +€14,944 | +48.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,189 | €33,189 | -€10,000 | -23.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,329 | €31,329 | -€10,000 | -24.2% |
| Profit (loss) carried forward | 14 | -€24,944 | €0 | +€24,944 | |
| Amounts payable | 17/49 | €24,578 | €54,102 | +€29,524 | +120% |
| Amounts payable within one year | 42/48 | €24,578 | €54,102 | +€29,524 | +120% |
| Trade debts | 44 | - | €1,260 | +€1,260 | |
| Suppliers | 440/4 | - | €1,260 | +€1,260 | |
| Taxes, remuneration and social security | 45 | €17,320 | €15,817 | -€1,502 | -8.7% |
| Taxes | 450/3 | €14,577 | €13,817 | -€760 | -5.2% |
| Remuneration and social security | 454/9 | €2,742 | €2,000 | -€742 | -27.1% |
| Other amounts payable | 47/48 | €7,258 | €37,024 | +€29,766 | +410% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €636 | +€331 | +109% |
| Other operating charges | 640/8 | €1,121 | €811 | -€309 | -27.6% |
| Gross operating margin | 9900 | -€31,528 | €59,182 | +€90,710 | |
| Operating profit (loss) | 9901 | -€32,953 | €57,735 | +€90,688 | |
| Financial income | 75/76B | €0 | €32 | +€32 | |
| Recurring financial income | 75 | €0 | €32 | +€32 | |
| Financial charges | 65/66B | €243 | €434 | +€191 | +78.5% |
| Recurring financial charges | 65 | €243 | €434 | +€191 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,196 | €57,333 | +€90,529 | |
| Income taxes | 67/77 | €209 | €5,365 | +€5,157 | +2,471% |
| Profit (loss) for the period | 9904 | -€33,405 | €51,968 | +€85,373 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,405 | €51,968 | +€85,373 |
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 29 October 2026 via checked.be.