VMA CONSULT: 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.
VMA CONSULT
Largest movements
- Cash +€23,723
up €23,723 (+576.1%), from €4,118 to €27,841
mainly Net result for the year (+€11,725) and Tax, wage and social debts (+€5,893)
- Receivables within one year -€5,826
down €5,826 (-41.1%), from €14,188 to €8,362
of which Trade receivables: -€5,834
- Tangible fixed assets -€500
down €500 (-89.5%), from €559 to €59
- Profit (loss) carried forward +€11,725
up €11,725 (+128.4%), from €9,132 to €20,857
- Tax, wage and social debts +€5,893
up €5,893 (+103.8%), from €5,678 to €11,570
- Taxes +€628
up €628 (+19.7%), from €3,184 to €3,812
- Gross operating margin -€476
down €476 (-2.6%), from €18,327 to €17,851
- Other operating charges +€469
up €469 (+479.9%), from €98 to €566
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 | €19,565 | €36,883 | +€17,318 | +88.5% |
| Fixed assets | 21/28 | €559 | €59 | -€500 | -89.5% |
| Tangible fixed assets | 22/27 | €559 | €59 | -€500 | -89.5% |
| Furniture and vehicles | 24 | €559 | €59 | -€500 | -89.5% |
| Current assets | 29/58 | €19,006 | €36,824 | +€17,818 | +93.7% |
| Amounts receivable within one year | 40/41 | €14,188 | €8,362 | -€5,826 | -41.1% |
| Trade receivables | 40 | €14,167 | €8,333 | -€5,834 | -41.2% |
| Other amounts receivable | 41 | €21 | €29 | +€8 | +36.3% |
| Cash at bank and in hand | 54/58 | €4,118 | €27,841 | +€23,723 | +576.1% |
| Deferred charges and accrued income | 490/1 | €701 | €622 | -€79 | -11.3% |
| Total equity and liabilities | 10/49 | €19,565 | €36,883 | +€17,318 | +88.5% |
| Equity | 10/15 | €12,132 | €23,857 | +€11,725 | +96.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,132 | €20,857 | +€11,725 | +128.4% |
| Amounts payable | 17/49 | €7,433 | €13,026 | +€5,593 | +75.2% |
| Amounts payable within one year | 42/48 | €7,433 | €13,026 | +€5,593 | +75.2% |
| Financial debts | 43 | €538 | €303 | -€235 | -43.7% |
| Credit institutions | 430/8 | €538 | €303 | -€235 | -43.7% |
| Trade debts | 44 | €990 | €926 | -€65 | -6.5% |
| Suppliers | 440/4 | €990 | €926 | -€65 | -6.5% |
| Taxes, remuneration and social security | 45 | €5,678 | €11,570 | +€5,893 | +103.8% |
| Taxes | 450/3 | €5,678 | €11,570 | +€5,893 | +103.8% |
| Other amounts payable | 47/48 | €227 | €227 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €98 | €566 | +€469 | +479.9% |
| Gross operating margin | 9900 | €18,327 | €17,851 | -€476 | -2.6% |
| Operating profit (loss) | 9901 | €17,729 | €16,784 | -€945 | -5.3% |
| Financial charges | 65/66B | €1,335 | €1,248 | -€87 | -6.5% |
| Recurring financial charges | 65 | €1,335 | €1,248 | -€87 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €16,395 | €15,537 | -€858 | -5.2% |
| Income taxes | 67/77 | €3,184 | €3,812 | +€628 | +19.7% |
| Profit (loss) for the period | 9904 | €13,211 | €11,725 | -€1,486 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,211 | €11,725 | -€1,486 | -11.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.