VNR 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.
VNR Consulting
Largest movements
- Cash -€14,725
down €14,725 (-69.5%), from €21,184 to €6,458
mainly Net result for the year (-€22,990) and Tax, wage and social debts (-€6,606)
- Stocks and contracts -€5,254
down €5,254 (-57.5%), from €9,138 to €3,884
- Tangible fixed assets -€4,373
down €4,373 (-99.4%), from €4,397 to €25
of which Furniture and vehicles: -€3,814
- Receivables within one year -€2,969
down €2,969 (-16.9%), from €17,603 to €14,634
of which Trade receivables: -€2,987
- Deferred charges and accrued income -€571
down €571 (-13.7%), from €4,167 to €3,596
- Profit (loss) carried forward -€22,990
down €22,990 (-77.5%), from €29,646 to €6,656
- Trade debts +€11,074
up €11,074 (+619%), from €1,790 to €12,864
- Tax, wage and social debts -€6,606
down €6,606 (-54.7%), from €12,071 to €5,465
- Current portion of long-term debt -€6,172
no longer reported in 2025 (was €6,172)
- Debts after one year -€3,123
no longer reported in 2025 (was €3,123)
- Gross operating margin -€40,834
down €40,834, from €20,219 to -€20,615
- Depreciation -€8,813
down €8,813 (-89.9%), from €9,808 to €995
- Taxes -€4,347
down €4,347 (-94.4%), from €4,605 to €258
- Other operating charges -€808
down €808 (-68.1%), from €1,186 to €378
- Financial charges -€541
down €541 (-40.2%), from €1,344 to €803
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 | €56,489 | €28,597 | -€27,892 | -49.4% |
| Fixed assets | 21/28 | €4,397 | €25 | -€4,373 | -99.4% |
| Tangible fixed assets | 22/27 | €4,397 | €25 | -€4,373 | -99.4% |
| Plant, machinery and equipment | 23 | €559 | €0 | -€559 | -100.0% |
| Furniture and vehicles | 24 | €3,838 | €25 | -€3,814 | -99.4% |
| Current assets | 29/58 | €52,091 | €28,572 | -€23,519 | -45.1% |
| Stocks and contracts in progress | 3 | €9,138 | €3,884 | -€5,254 | -57.5% |
| Stocks | 30/36 | €9,138 | €3,884 | -€5,254 | -57.5% |
| Amounts receivable within one year | 40/41 | €17,603 | €14,634 | -€2,969 | -16.9% |
| Trade receivables | 40 | €13,670 | €10,683 | -€2,987 | -21.9% |
| Other amounts receivable | 41 | €3,933 | €3,951 | +€18 | +0.5% |
| Cash at bank and in hand | 54/58 | €21,184 | €6,458 | -€14,725 | -69.5% |
| Deferred charges and accrued income | 490/1 | €4,167 | €3,596 | -€571 | -13.7% |
| Total equity and liabilities | 10/49 | €56,489 | €28,597 | -€27,892 | -49.4% |
| Equity | 10/15 | €32,646 | €9,656 | -€22,990 | -70.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,646 | €6,656 | -€22,990 | -77.5% |
| Amounts payable | 17/49 | €23,843 | €18,941 | -€4,902 | -20.6% |
| Amounts payable after more than one year | 17 | €3,123 | - | -€3,123 | |
| Financial debts | 170/4 | €3,123 | - | -€3,123 | |
| Amounts payable within one year | 42/48 | €20,720 | €18,941 | -€1,779 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €6,172 | - | -€6,172 | |
| Trade debts | 44 | €1,790 | €12,864 | +€11,074 | +619% |
| Suppliers | 440/4 | €1,790 | €12,864 | +€11,074 | +619% |
| Taxes, remuneration and social security | 45 | €12,071 | €5,465 | -€6,606 | -54.7% |
| Taxes | 450/3 | €12,071 | €5,465 | -€6,606 | -54.7% |
| Other amounts payable | 47/48 | €688 | €612 | -€76 | -11.0% |
| Non-recurring operating income | 76A | - | €10,197 | +€10,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,808 | €995 | -€8,813 | -89.9% |
| Other operating charges | 640/8 | €1,186 | €378 | -€808 | -68.1% |
| Gross operating margin | 9900 | €20,219 | -€20,615 | -€40,834 | |
| Operating profit (loss) | 9901 | €9,225 | -€21,988 | -€31,214 | |
| Financial income | 75/76B | €0 | €60 | +€60 | +299,150% |
| Recurring financial income | 75 | €0 | €60 | +€60 | +299,150% |
| Financial charges | 65/66B | €1,344 | €803 | -€541 | -40.2% |
| Recurring financial charges | 65 | €1,344 | €803 | -€541 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €7,881 | -€22,732 | -€30,613 | |
| Income taxes | 67/77 | €4,605 | €258 | -€4,347 | -94.4% |
| Profit (loss) for the period | 9904 | €3,276 | -€22,990 | -€26,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,276 | -€22,990 | -€26,266 |
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 22 October 2026 via checked.be.