VMconsult: what changed
VMconsult
Largest movements
- Cash +€39,965
up €39,965 (+105%), from €38,154 to €78,120
mainly Net result for the year (+€25,712) and Receivables within one year (+€13,331)
- Receivables within one year -€13,331
down €13,331 (-48.6%), from €27,439 to €14,107
of which Trade receivables: -€14,129
- Tangible fixed assets -€2,684
down €2,684 (-47.8%), from €5,613 to €2,929
of which Furniture and vehicles: -€2,361
- Profit (loss) carried forward +€25,712
up €25,712 (+86.1%), from €29,860 to €55,572
- Tax, wage and social debts -€1,785
down €1,785 (-23.3%), from €7,673 to €5,887
- Gross operating margin -€5,813
down €5,813 (-13.4%), from €43,283 to €37,470
- Taxes -€997
down €997 (-12.2%), from €8,200 to €7,203
- Depreciation -€696
down €696 (-25.0%), from €2,784 to €2,088
- Financial charges -€478
down €478 (-21.3%), from €2,249 to €1,771
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,176 | €99,259 | +€24,084 | +32.0% |
| Fixed assets | 21/28 | €5,613 | €2,929 | -€2,684 | -47.8% |
| Tangible fixed assets | 22/27 | €5,613 | €2,929 | -€2,684 | -47.8% |
| Plant, machinery and equipment | 23 | €1,162 | €839 | -€323 | -27.8% |
| Furniture and vehicles | 24 | €4,451 | €2,090 | -€2,361 | -53.0% |
| Current assets | 29/58 | €69,563 | €96,330 | +€26,767 | +38.5% |
| Amounts receivable within one year | 40/41 | €27,439 | €14,107 | -€13,331 | -48.6% |
| Trade receivables | 40 | €27,439 | €13,310 | -€14,129 | -51.5% |
| Other amounts receivable | 41 | - | €797 | +€797 | |
| Cash at bank and in hand | 54/58 | €38,154 | €78,120 | +€39,965 | +105% |
| Deferred charges and accrued income | 490/1 | €3,970 | €4,103 | +€133 | +3.4% |
| Total equity and liabilities | 10/49 | €75,176 | €99,259 | +€24,084 | +32.0% |
| Equity | 10/15 | €65,446 | €91,158 | +€25,712 | +39.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,585 | €34,585 | = | 0.0% |
| Distributable reserves | 133 | €34,585 | €34,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,860 | €55,572 | +€25,712 | +86.1% |
| Amounts payable | 17/49 | €9,730 | €8,101 | -€1,628 | -16.7% |
| Amounts payable within one year | 42/48 | €9,666 | €7,415 | -€2,251 | -23.3% |
| Trade debts | 44 | €1,494 | €1,028 | -€466 | -31.2% |
| Suppliers | 440/4 | €1,494 | €1,028 | -€466 | -31.2% |
| Taxes, remuneration and social security | 45 | €7,673 | €5,887 | -€1,785 | -23.3% |
| Taxes | 450/3 | €7,673 | €5,887 | -€1,785 | -23.3% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €63 | €686 | +€623 | +981% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,784 | €2,088 | -€696 | -25.0% |
| Other operating charges | 640/8 | €189 | €333 | +€143 | +75.7% |
| Non-recurring operating charges | 66A | - | €364 | +€364 | |
| Gross operating margin | 9900 | €43,283 | €37,470 | -€5,813 | -13.4% |
| Operating profit (loss) | 9901 | €40,309 | €34,685 | -€5,624 | -14.0% |
| Financial charges | 65/66B | €2,249 | €1,771 | -€478 | -21.3% |
| Recurring financial charges | 65 | €2,249 | €1,771 | -€478 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €38,061 | €32,915 | -€5,146 | -13.5% |
| Income taxes | 67/77 | €8,200 | €7,203 | -€997 | -12.2% |
| Profit (loss) for the period | 9904 | €29,860 | €25,712 | -€4,149 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,860 | €25,712 | -€4,149 | -13.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.