VO-TECH 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.
VO-TECH Consulting
Largest movements
- Financial fixed assets +€25,000
new in 2025: €25,000
- Tangible fixed assets +€24,828
up €24,828 (+397%), from €6,252 to €31,080
of which Plant, machinery and equipment: +€25,365
- Cash +€3,632
up €3,632 (+4.6%), from €79,247 to €82,879
mainly Net result for the year (+€50,587) and Depreciation (+€2,719)
- Reserves +€50,587
up €50,587 (+56.8%), from €89,135 to €139,722
- Gross operating margin -€9,238
down €9,238 (-11.6%), from €79,419 to €70,181
- Depreciation +€1,977
up €1,977 (+267%), from €742 to €2,719
- Taxes -€1,411
down €1,411 (-9.3%), from €15,240 to €13,829
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 | €105,373 | €157,247 | +€51,874 | +49.2% |
| Fixed assets | 21/28 | €6,252 | €56,080 | +€49,828 | +797% |
| Tangible fixed assets | 22/27 | €6,252 | €31,080 | +€24,828 | +397% |
| Plant, machinery and equipment | 23 | €1,044 | €26,409 | +€25,365 | +2,430% |
| Furniture and vehicles | 24 | €5,209 | €4,671 | -€538 | -10.3% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €99,121 | €101,167 | +€2,046 | +2.1% |
| Amounts receivable within one year | 40/41 | €19,734 | €18,287 | -€1,446 | -7.3% |
| Trade receivables | 40 | €14,974 | €15,926 | +€952 | +6.4% |
| Other amounts receivable | 41 | €4,760 | €2,362 | -€2,398 | -50.4% |
| Cash at bank and in hand | 54/58 | €79,247 | €82,879 | +€3,632 | +4.6% |
| Deferred charges and accrued income | 490/1 | €140 | €0 | -€140 | -100% |
| Total equity and liabilities | 10/49 | €105,373 | €157,247 | +€51,874 | +49.2% |
| Equity | 10/15 | €93,135 | €143,722 | +€50,587 | +54.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €89,135 | €139,722 | +€50,587 | +56.8% |
| Distributable reserves | 133 | €89,135 | €139,722 | +€50,587 | +56.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,238 | €13,525 | +€1,287 | +10.5% |
| Amounts payable within one year | 42/48 | €12,238 | €13,525 | +€1,287 | +10.5% |
| Trade debts | 44 | €1,092 | €345 | -€747 | -68.4% |
| Suppliers | 440/4 | €1,092 | €345 | -€747 | -68.4% |
| Taxes, remuneration and social security | 45 | €9,663 | €10,147 | +€484 | +5.0% |
| Taxes | 450/3 | €9,663 | €10,147 | +€484 | +5.0% |
| Other amounts payable | 47/48 | €1,483 | €3,033 | +€1,550 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €742 | €2,719 | +€1,977 | +267% |
| Other operating charges | 640/8 | €71 | €218 | +€146 | +205% |
| Gross operating margin | 9900 | €79,419 | €70,181 | -€9,238 | -11.6% |
| Operating profit (loss) | 9901 | €78,606 | €67,245 | -€11,361 | -14.5% |
| Financial charges | 65/66B | €3,371 | €2,829 | -€542 | -16.1% |
| Recurring financial charges | 65 | €3,371 | €2,829 | -€542 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €75,235 | €64,416 | -€10,819 | -14.4% |
| Income taxes | 67/77 | €15,240 | €13,829 | -€1,411 | -9.3% |
| Profit (loss) for the period | 9904 | €59,995 | €50,587 | -€9,408 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,995 | €50,587 | -€9,408 | -15.7% |
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 20 October 2026 via checked.be.