VNDL 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.
VNDL Consulting
Largest movements
- Cash +€33,357
up €33,357 (+1,031%), from €3,234 to €36,592
mainly Net result for the year (+€41,921) and Tax, wage and social debts (+€4,361)
- Receivables within one year +€4,920
up €4,920 (+38.2%), from €12,874 to €17,794
of which Other amounts receivable: +€5,060
- Tangible fixed assets +€3,917
up €3,917 (+162%), from €2,425 to €6,342
of which Plant, machinery and equipment: +€2,151
- Reserves +€41,921
up €41,921 (+923%), from €4,543 to €46,464
- Other debts -€5,260
down €5,260 (-100%), from €5,260 to €0
- Tax, wage and social debts +€4,361
up €4,361 (+157%), from €2,770 to €7,131
- Trade debts +€948
up €948 (+98.6%), from €961 to €1,908
- Gross operating margin +€46,800
up €46,800 (+596%), from €7,850 to €54,650
- Taxes +€9,884
up €9,884 (+895%), from €1,105 to €10,988
- Depreciation -€971
down €971 (-45.3%), from €2,146 to €1,175
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 | €18,534 | €60,728 | +€42,194 | +228% |
| Fixed assets | 21/28 | €2,425 | €6,342 | +€3,917 | +162% |
| Tangible fixed assets | 22/27 | €2,425 | €6,342 | +€3,917 | +162% |
| Plant, machinery and equipment | 23 | - | €2,151 | +€2,151 | |
| Furniture and vehicles | 24 | €2,425 | €4,191 | +€1,766 | +72.8% |
| Current assets | 29/58 | €16,109 | €54,386 | +€38,277 | +238% |
| Amounts receivable within one year | 40/41 | €12,874 | €17,794 | +€4,920 | +38.2% |
| Trade receivables | 40 | €12,874 | €12,733 | -€141 | -1.1% |
| Other amounts receivable | 41 | - | €5,060 | +€5,060 | |
| Cash at bank and in hand | 54/58 | €3,234 | €36,592 | +€33,357 | +1,031% |
| Total equity and liabilities | 10/49 | €18,534 | €60,728 | +€42,194 | +228% |
| Equity | 10/15 | €9,543 | €51,464 | +€41,921 | +439% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,543 | €46,464 | +€41,921 | +923% |
| Distributable reserves | 133 | €4,543 | €46,464 | +€41,921 | +923% |
| Amounts payable | 17/49 | €8,990 | €9,264 | +€274 | +3.0% |
| Amounts payable within one year | 42/48 | €8,990 | €9,039 | +€49 | +0.5% |
| Trade debts | 44 | €961 | €1,908 | +€948 | +98.6% |
| Suppliers | 440/4 | €961 | €1,908 | +€948 | +98.6% |
| Taxes, remuneration and social security | 45 | €2,770 | €7,131 | +€4,361 | +157% |
| Taxes | 450/3 | €2,770 | €7,131 | +€4,361 | +157% |
| Other amounts payable | 47/48 | €5,260 | €0 | -€5,260 | -100% |
| Accrued charges and deferred income | 492/3 | - | €225 | +€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,146 | €1,175 | -€971 | -45.3% |
| Other operating charges | 640/8 | €10 | €37 | +€28 | +291% |
| Gross operating margin | 9900 | €7,850 | €54,650 | +€46,800 | +596% |
| Operating profit (loss) | 9901 | €5,695 | €53,438 | +€47,743 | +838% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €47 | €573 | +€527 | +1,127% |
| Recurring financial charges | 65 | €47 | €573 | +€527 | +1,127% |
| Profit (loss) for the period before taxes | 9903 | €5,648 | €52,909 | +€47,261 | +837% |
| Income taxes | 67/77 | €1,105 | €10,988 | +€9,884 | +895% |
| Profit (loss) for the period | 9904 | €4,543 | €41,921 | +€37,377 | +823% |
| Profit (loss) for the period to be appropriated | 9905 | €4,543 | €41,921 | +€37,377 | +823% |
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 21 October 2026 via checked.be.