VNET CONSULT: what changed
Two fiscal 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.
VNET CONSULT
Largest movements
- Tangible fixed assets +€23,955
up €23,955 (+1387.0%), from €1,727 to €25,682
- Cash +€4,289
up €4,289 (+17.6%), from €24,426 to €28,715
mainly Other debts (+€17,226) and Net result for the year (+€16,425)
- Profit (loss) carried forward -€18,575
down €18,575 (-69.9%), from €26,585 to €8,011
- Other debts +€17,226
up €17,226 (+4870.1%), from €354 to €17,580
- Debts after one year +€12,771
new in 2025: €12,771
- Current portion of long-term debt +€9,760
new in 2025: €9,760
- Tax, wage and social debts +€5,015
up €5,015 (+63.6%), from €7,890 to €12,905
- Gross operating margin +€10,932
up €10,932 (+49.2%), from €22,216 to €33,148
- Depreciation +€5,749
up €5,749 (+589.3%), from €976 to €6,725
- Other operating charges +€1,787
up €1,787 (+242.2%), from €738 to €2,524
- Financial charges +€960
up €960 (+504.1%), from €190 to €1,150
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 | €39,540 | €67,595 | +€28,055 | +71.0% |
| Fixed assets | 21/28 | €1,901 | €25,856 | +€23,955 | +1260.2% |
| Tangible fixed assets | 22/27 | €1,727 | €25,682 | +€23,955 | +1387.0% |
| Furniture and vehicles | 24 | €1,727 | €25,682 | +€23,955 | +1387.0% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €37,639 | €41,738 | +€4,100 | +10.9% |
| Amounts receivable within one year | 40/41 | €12,240 | €12,524 | +€284 | +2.3% |
| Trade receivables | 40 | €12,240 | €12,524 | +€284 | +2.3% |
| Cash at bank and in hand | 54/58 | €24,426 | €28,715 | +€4,289 | +17.6% |
| Deferred charges and accrued income | 490/1 | €972 | €499 | -€473 | -48.6% |
| Total equity and liabilities | 10/49 | €39,540 | €67,595 | +€28,055 | +71.0% |
| Equity | 10/15 | €29,585 | €11,011 | -€18,575 | -62.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,585 | €8,011 | -€18,575 | -69.9% |
| Amounts payable | 17/49 | €9,954 | €56,584 | +€46,630 | +468.4% |
| Amounts payable after more than one year | 17 | - | €12,771 | +€12,771 | |
| Financial debts | 170/4 | - | €12,771 | +€12,771 | |
| Amounts payable within one year | 42/48 | €9,954 | €43,813 | +€33,859 | +340.1% |
| Current portion of amounts payable after more than one year | 42 | - | €9,760 | +€9,760 | |
| Trade debts | 44 | €1,711 | €3,569 | +€1,859 | +108.6% |
| Suppliers | 440/4 | €1,711 | €3,569 | +€1,859 | +108.6% |
| Taxes, remuneration and social security | 45 | €7,890 | €12,905 | +€5,015 | +63.6% |
| Taxes | 450/3 | €7,890 | €12,905 | +€5,015 | +63.6% |
| Other amounts payable | 47/48 | €354 | €17,580 | +€17,226 | +4870.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €976 | €6,725 | +€5,749 | +589.3% |
| Other operating charges | 640/8 | €738 | €2,524 | +€1,787 | +242.2% |
| Gross operating margin | 9900 | €22,216 | €33,148 | +€10,932 | +49.2% |
| Operating profit (loss) | 9901 | €20,503 | €23,899 | +€3,397 | +16.6% |
| Financial income | 75/76B | €11 | €5 | -€6 | -55.2% |
| Recurring financial income | 75 | €11 | €5 | -€6 | -55.2% |
| Financial charges | 65/66B | €190 | €1,150 | +€960 | +504.1% |
| Recurring financial charges | 65 | €190 | €1,150 | +€960 | +504.1% |
| Profit (loss) for the period before taxes | 9903 | €20,323 | €22,754 | +€2,431 | +12.0% |
| Income taxes | 67/77 | €6,558 | €6,329 | -€229 | -3.5% |
| Profit (loss) for the period | 9904 | €13,766 | €16,425 | +€2,660 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,766 | €16,425 | +€2,660 | +19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.