VN Consultancy: 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.
VN Consultancy
Largest movements
- Cash +€11,164
up €11,164 (+3903.0%), from €286 to €11,451
mainly Other debts (+€20,000) and Trade debts (+€6,042)
- Deferred charges and accrued income -€1,219
no longer reported in 2025 (was €1,219)
- Other debts +€20,000
new in 2025: €20,000
- Reserves -€10,888
down €10,888 (-33.3%), from €32,700 to €21,812
- Trade debts +€6,042
up €6,042 (+28.6%), from €21,127 to €27,169
- Current portion of long-term debt -€3,971
down €3,971 (-50.5%), from €7,870 to €3,899
- Debts after one year -€3,899
down €3,899 (-59.1%), from €6,594 to €2,694
- Gross operating margin -€26,917
down €26,917, from €22,898 to -€4,018
- Other operating charges -€7,452
down €7,452 (-82.4%), from €9,039 to €1,587
- Taxes -€1,501
down €1,501 (-26.2%), from €5,728 to €4,227
- Financial income +€862
up €862 (+66.0%), from €1,306 to €2,169
- Financial charges +€678
up €678 (+26.7%), from €2,545 to €3,224
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 | €84,259 | €93,404 | +€9,144 | +10.9% |
| Fixed assets | 21/28 | €10,106 | €10,106 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,106 | €10,106 | = | 0.0% |
| Other tangible fixed assets | 26 | €10,106 | €10,106 | = | 0.0% |
| Current assets | 29/58 | €74,153 | €83,298 | +€9,144 | +12.3% |
| Amounts receivable within one year | 40/41 | €72,649 | €71,847 | -€801 | -1.1% |
| Trade receivables | 40 | €48,038 | €27,297 | -€20,741 | -43.2% |
| Other amounts receivable | 41 | €24,611 | €44,550 | +€19,939 | +81.0% |
| Cash at bank and in hand | 54/58 | €286 | €11,451 | +€11,164 | +3903.0% |
| Deferred charges and accrued income | 490/1 | €1,219 | - | -€1,219 | |
| Total equity and liabilities | 10/49 | €84,259 | €93,404 | +€9,144 | +10.9% |
| Equity | 10/15 | €35,700 | €24,812 | -€10,888 | -30.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,700 | €21,812 | -€10,888 | -33.3% |
| Distributable reserves | 133 | €32,700 | €21,812 | -€10,888 | -33.3% |
| Amounts payable | 17/49 | €48,560 | €68,592 | +€20,032 | +41.3% |
| Amounts payable after more than one year | 17 | €6,594 | €2,694 | -€3,899 | -59.1% |
| Financial debts | 170/4 | €6,594 | €2,694 | -€3,899 | -59.1% |
| Amounts payable within one year | 42/48 | €41,966 | €65,898 | +€23,932 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €7,870 | €3,899 | -€3,971 | -50.5% |
| Trade debts | 44 | €21,127 | €27,169 | +€6,042 | +28.6% |
| Suppliers | 440/4 | €21,127 | €27,169 | +€6,042 | +28.6% |
| Taxes, remuneration and social security | 45 | €12,969 | €14,829 | +€1,861 | +14.3% |
| Taxes | 450/3 | €9,969 | €11,829 | +€1,861 | +18.7% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Other operating charges | 640/8 | €9,039 | €1,587 | -€7,452 | -82.4% |
| Gross operating margin | 9900 | €22,898 | -€4,018 | -€26,917 | |
| Operating profit (loss) | 9901 | €13,859 | -€5,605 | -€19,465 | |
| Financial income | 75/76B | €1,306 | €2,169 | +€862 | +66.0% |
| Recurring financial income | 75 | €1,306 | €2,169 | +€862 | +66.0% |
| Financial charges | 65/66B | €2,545 | €3,224 | +€678 | +26.7% |
| Recurring financial charges | 65 | €2,545 | €3,224 | +€678 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €12,620 | -€6,660 | -€19,281 | |
| Income taxes | 67/77 | €5,728 | €4,227 | -€1,501 | -26.2% |
| Profit (loss) for the period | 9904 | €6,892 | -€10,888 | -€17,780 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,892 | -€10,888 | -€17,780 |
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 12 October 2026 via checked.be.