VNDCK 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.
VNDCK Consulting
Largest movements
- Receivables within one year -€21,675
down €21,675 (-38.0%), from €56,997 to €35,321
of which Other amounts receivable: -€51,500
- Deferred charges and accrued income -€3,389
down €3,389 (-21.9%), from €15,478 to €12,088
- Tangible fixed assets -€2,554
down €2,554 (-21.1%), from €12,110 to €9,555
of which Furniture and vehicles: -€1,644
- Reserves -€41,200
down €41,200 (-84.4%), from €48,795 to €7,594
- Trade debts +€12,903
up €12,903 (+3,418%), from €378 to €13,281
- Tax, wage and social debts +€6,691
up €6,691 (+172%), from €3,899 to €10,590
- Other debts -€4,036
down €4,036 (-12.4%), from €32,452 to €28,416
- Short-term financial debts -€1,179
down €1,179 (-81.3%), from €1,450 to €271
- Gross operating margin -€2,236
down €2,236 (-3.3%), from €67,445 to €65,209
- Financial charges +€1,143
up €1,143 (+84.4%), from €1,355 to €2,498
- Taxes -€894
down €894 (-6.6%), from €13,572 to €12,678
- Financial income -€693
down €693 (-61.6%), from €1,124 to €432
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 | €90,804 | €62,956 | -€27,848 | -30.7% |
| Fixed assets | 21/28 | €12,110 | €9,555 | -€2,554 | -21.1% |
| Tangible fixed assets | 22/27 | €12,110 | €9,555 | -€2,554 | -21.1% |
| Land and buildings | 22 | €970 | €390 | -€580 | -59.8% |
| Plant, machinery and equipment | 23 | €2,610 | €2,280 | -€330 | -12.7% |
| Furniture and vehicles | 24 | €8,529 | €6,886 | -€1,644 | -19.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €78,695 | €53,401 | -€25,294 | -32.1% |
| Amounts receivable within one year | 40/41 | €56,997 | €35,321 | -€21,675 | -38.0% |
| Trade receivables | 40 | €5,497 | €35,321 | +€29,824 | +543% |
| Other amounts receivable | 41 | €51,500 | €0 | -€51,500 | -100% |
| Cash at bank and in hand | 54/58 | €6,220 | €5,991 | -€229 | -3.7% |
| Deferred charges and accrued income | 490/1 | €15,478 | €12,088 | -€3,389 | -21.9% |
| Total equity and liabilities | 10/49 | €90,804 | €62,956 | -€27,848 | -30.7% |
| Equity | 10/15 | €51,295 | €10,094 | -€41,200 | -80.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €48,795 | €7,594 | -€41,200 | -84.4% |
| Distributable reserves | 133 | €48,795 | €7,594 | -€41,200 | -84.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €39,510 | €52,862 | +€13,352 | +33.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €38,179 | €52,558 | +€14,379 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,450 | €271 | -€1,179 | -81.3% |
| Credit institutions | 430/8 | €1,450 | €271 | -€1,179 | -81.3% |
| Trade debts | 44 | €378 | €13,281 | +€12,903 | +3,418% |
| Suppliers | 440/4 | €378 | €13,281 | +€12,903 | +3,418% |
| Taxes, remuneration and social security | 45 | €3,899 | €10,590 | +€6,691 | +172% |
| Taxes | 450/3 | €3,899 | €10,590 | +€6,691 | +172% |
| Other amounts payable | 47/48 | €32,452 | €28,416 | -€4,036 | -12.4% |
| Accrued charges and deferred income | 492/3 | €1,331 | €304 | -€1,027 | -77.2% |
| Non-recurring operating income | 76A | €1,052 | €0 | -€1,052 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,330 | €3,583 | +€253 | +7.6% |
| Other operating charges | 640/8 | €1,517 | €1,081 | -€436 | -28.7% |
| Gross operating margin | 9900 | €67,445 | €65,209 | -€2,236 | -3.3% |
| Operating profit (loss) | 9901 | €62,597 | €60,544 | -€2,053 | -3.3% |
| Financial income | 75/76B | €1,124 | €432 | -€693 | -61.6% |
| Recurring financial income | 75 | €1,124 | €432 | -€693 | -61.6% |
| Financial charges | 65/66B | €1,355 | €2,498 | +€1,143 | +84.4% |
| Recurring financial charges | 65 | €1,355 | €2,498 | +€1,143 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €62,366 | €58,477 | -€3,889 | -6.2% |
| Income taxes | 67/77 | €13,572 | €12,678 | -€894 | -6.6% |
| Profit (loss) for the period | 9904 | €48,795 | €45,800 | -€2,995 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,795 | €45,800 | -€2,995 | -6.1% |
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 15 October 2026 via checked.be.