VMB 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.
VMB Consulting
Largest movements
- Cash +€24,049
up €24,049 (+11.4%), from €211,366 to €235,416
mainly Other debts (+€107,337) and Net result for the year (+€22,943)
- Tangible fixed assets -€22,786
down €22,786 (-31.9%), from €71,519 to €48,732
of which Furniture and vehicles: -€18,128
- Receivables within one year +€14,145
up €14,145 (+43.8%), from €32,307 to €46,452
of which Other amounts receivable: +€16,040
- Other debts +€107,337
up €107,337 (+246%), from €43,719 to €151,056
- Reserves -€92,805
down €92,805 (-36.9%), from €251,212 to €158,408
- Depreciation +€9,472
up €9,472 (+71.1%), from €13,314 to €22,786
- Gross operating margin -€9,091
down €9,091 (-12.4%), from €73,100 to €64,010
- Taxes -€4,635
down €4,635 (-26.3%), from €17,599 to €12,964
- Financial charges +€907
up €907 (+23.8%), from €3,817 to €4,724
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 | €322,704 | €339,038 | +€16,333 | +5.1% |
| Fixed assets | 21/28 | €76,319 | €53,532 | -€22,786 | -29.9% |
| Tangible fixed assets | 22/27 | €71,519 | €48,732 | -€22,786 | -31.9% |
| Furniture and vehicles | 24 | €62,050 | €43,922 | -€18,128 | -29.2% |
| Other tangible fixed assets | 26 | €9,468 | €4,810 | -€4,658 | -49.2% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €246,386 | €285,505 | +€39,120 | +15.9% |
| Amounts receivable within one year | 40/41 | €32,307 | €46,452 | +€14,145 | +43.8% |
| Trade receivables | 40 | €31,310 | €29,416 | -€1,894 | -6.1% |
| Other amounts receivable | 41 | €997 | €17,036 | +€16,040 | +1,609% |
| Cash at bank and in hand | 54/58 | €211,366 | €235,416 | +€24,049 | +11.4% |
| Deferred charges and accrued income | 490/1 | €2,713 | €3,638 | +€925 | +34.1% |
| Total equity and liabilities | 10/49 | €322,704 | €339,038 | +€16,333 | +5.1% |
| Equity | 10/15 | €263,612 | €170,808 | -€92,805 | -35.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €251,212 | €158,408 | -€92,805 | -36.9% |
| Distributable reserves | 133 | €251,212 | €158,408 | -€92,805 | -36.9% |
| Amounts payable | 17/49 | €59,092 | €168,230 | +€109,138 | +185% |
| Amounts payable within one year | 42/48 | €55,520 | €163,622 | +€108,101 | +195% |
| Trade debts | 44 | €3,710 | €6,684 | +€2,973 | +80.1% |
| Suppliers | 440/4 | €3,710 | €6,684 | +€2,973 | +80.1% |
| Taxes, remuneration and social security | 45 | €8,091 | €5,882 | -€2,209 | -27.3% |
| Taxes | 450/3 | €8,091 | €5,882 | -€2,209 | -27.3% |
| Other amounts payable | 47/48 | €43,719 | €151,056 | +€107,337 | +246% |
| Accrued charges and deferred income | 492/3 | €3,572 | €4,609 | +€1,037 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,314 | €22,786 | +€9,472 | +71.1% |
| Other operating charges | 640/8 | €569 | €821 | +€252 | +44.3% |
| Gross operating margin | 9900 | €73,100 | €64,010 | -€9,091 | -12.4% |
| Operating profit (loss) | 9901 | €59,217 | €40,402 | -€18,815 | -31.8% |
| Financial income | 75/76B | €1 | €228 | +€228 | +36,695% |
| Recurring financial income | 75 | €1 | €228 | +€228 | +36,695% |
| Financial charges | 65/66B | €3,817 | €4,724 | +€907 | +23.8% |
| Recurring financial charges | 65 | €3,817 | €4,724 | +€907 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €55,401 | €35,906 | -€19,495 | -35.2% |
| Income taxes | 67/77 | €17,599 | €12,964 | -€4,635 | -26.3% |
| Profit (loss) for the period | 9904 | €37,802 | €22,943 | -€14,860 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,802 | €22,943 | -€14,860 | -39.3% |
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 31 October 2026 via checked.be.