Vnp 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.
Vnp Consultancy
Largest movements
- Cash +€77,028
up €77,028 (+254%), from €30,312 to €107,340
mainly Net result for the year (+€93,664) and Receivables within one year (+€8,346)
- Current investments +€24,255
up €24,255 (+11.4%), from €212,266 to €236,520
- Receivables within one year -€8,346
down €8,346 (-44.9%), from €18,580 to €10,234
- Reserves +€93,664
up €93,664 (+38.9%), from €240,853 to €334,517
- Gross operating margin -€21,927
down €21,927 (-15.5%), from €141,730 to €119,802
- Taxes -€5,397
down €5,397 (-17.7%), from €30,543 to €25,146
- Financial income +€3,464
up €3,464 (+173%), from €1,997 to €5,460
- Depreciation +€1,852
up €1,852 (+49.4%), from €3,751 to €5,603
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 | €282,570 | €373,796 | +€91,226 | +32.3% |
| Fixed assets | 21/28 | €20,921 | €19,191 | -€1,730 | -8.3% |
| Tangible fixed assets | 22/27 | €20,921 | €19,191 | -€1,730 | -8.3% |
| Furniture and vehicles | 24 | €12,149 | €11,382 | -€767 | -6.3% |
| Other tangible fixed assets | 26 | €8,772 | €7,809 | -€963 | -11.0% |
| Current assets | 29/58 | €261,649 | €354,605 | +€92,956 | +35.5% |
| Amounts receivable within one year | 40/41 | €18,580 | €10,234 | -€8,346 | -44.9% |
| Trade receivables | 40 | €18,580 | €10,234 | -€8,346 | -44.9% |
| Current investments | 50/53 | €212,266 | €236,520 | +€24,255 | +11.4% |
| Cash at bank and in hand | 54/58 | €30,312 | €107,340 | +€77,028 | +254% |
| Deferred charges and accrued income | 490/1 | €492 | €511 | +€20 | +4.0% |
| Total equity and liabilities | 10/49 | €282,570 | €373,796 | +€91,226 | +32.3% |
| Equity | 10/15 | €243,853 | €337,517 | +€93,664 | +38.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €240,853 | €334,517 | +€93,664 | +38.9% |
| Distributable reserves | 133 | €240,853 | €334,517 | +€93,664 | +38.9% |
| Amounts payable | 17/49 | €38,717 | €36,279 | -€2,438 | -6.3% |
| Amounts payable within one year | 42/48 | €38,717 | €36,279 | -€2,438 | -6.3% |
| Taxes, remuneration and social security | 45 | €38,269 | €34,690 | -€3,579 | -9.4% |
| Taxes | 450/3 | €38,269 | €34,690 | -€3,579 | -9.4% |
| Other amounts payable | 47/48 | €448 | €1,589 | +€1,142 | +255% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,751 | €5,603 | +€1,852 | +49.4% |
| Gross operating margin | 9900 | €141,730 | €119,802 | -€21,927 | -15.5% |
| Operating profit (loss) | 9901 | €137,979 | €114,199 | -€23,779 | -17.2% |
| Financial income | 75/76B | €1,997 | €5,460 | +€3,464 | +173% |
| Recurring financial income | 75 | €1,997 | €5,460 | +€3,464 | +173% |
| Financial charges | 65/66B | €784 | €850 | +€66 | +8.4% |
| Recurring financial charges | 65 | €784 | €850 | +€66 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €139,191 | €118,810 | -€20,381 | -14.6% |
| Income taxes | 67/77 | €30,543 | €25,146 | -€5,397 | -17.7% |
| Profit (loss) for the period | 9904 | €108,648 | €93,664 | -€14,984 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €108,648 | €93,664 | -€14,984 | -13.8% |
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 13 October 2026 via checked.be.