Voet 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.
Voet Consulting
Largest movements
- Tangible fixed assets -€217,024
down €217,024 (-9.2%), from €2.4m to €2.1m
- Profit (loss) carried forward -€184,378
down €184,378 (-8.8%), from -€2.1m to -€2.3m
- Debts after one year -€76,345
down €76,345 (-12.3%), from €619,699 to €543,354
- Other debts +€45,010
up €45,010 (+7.9%), from €572,877 to €617,887
- Depreciation +€12,455
up €12,455 (+4.3%), from €290,980 to €303,434
- Gross operating margin +€9,278
up €9,278 (+6.3%), from €147,747 to €157,025
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 | €2,367,009 | €2,152,974 | -€214,035 | -9.0% |
| Fixed assets | 21/28 | €2,358,824 | €2,141,800 | -€217,024 | -9.2% |
| Tangible fixed assets | 22/27 | €2,358,824 | €2,141,800 | -€217,024 | -9.2% |
| Land and buildings | 22 | €2,358,824 | €2,141,800 | -€217,024 | -9.2% |
| Current assets | 29/58 | €8,185 | €11,174 | +€2,990 | +36.5% |
| Amounts receivable within one year | 40/41 | €915 | €915 | = | 0.0% |
| Other amounts receivable | 41 | €915 | €915 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,270 | €10,260 | +€2,990 | +41.1% |
| Total equity and liabilities | 10/49 | €2,367,009 | €2,152,974 | -€214,035 | -9.0% |
| Equity | 10/15 | €1,099,766 | €915,388 | -€184,378 | -16.8% |
| Contributions | 10/11 | €3,050,013 | €3,050,013 | = | 0.0% |
| Capital | 10 | €3,050,013 | €3,050,013 | = | 0.0% |
| Issued capital | 100 | €3,050,013 | €3,050,013 | = | 0.0% |
| Reserves | 13 | €156,338 | €156,338 | = | 0.0% |
| Distributable reserves | 133 | €156,338 | €156,338 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,106,585 | -€2,290,962 | -€184,378 | -8.8% |
| Amounts payable | 17/49 | €1,267,243 | €1,237,586 | -€29,657 | -2.3% |
| Amounts payable after more than one year | 17 | €619,699 | €543,354 | -€76,345 | -12.3% |
| Financial debts | 170/4 | €619,699 | €543,354 | -€76,345 | -12.3% |
| Amounts payable within one year | 42/48 | €647,544 | €694,232 | +€46,688 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €74,667 | €76,345 | +€1,678 | +2.2% |
| Other amounts payable | 47/48 | €572,877 | €617,887 | +€45,010 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290,980 | €303,434 | +€12,455 | +4.3% |
| Other operating charges | 640/8 | €18,159 | €17,541 | -€619 | -3.4% |
| Gross operating margin | 9900 | €147,747 | €157,025 | +€9,278 | +6.3% |
| Operating profit (loss) | 9901 | -€161,392 | -€163,951 | -€2,559 | -1.6% |
| Financial charges | 65/66B | €18,913 | €20,427 | +€1,514 | +8.0% |
| Recurring financial charges | 65 | €18,913 | €20,427 | +€1,514 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | -€180,305 | -€184,378 | -€4,073 | -2.3% |
| Profit (loss) for the period | 9904 | -€180,305 | -€184,378 | -€4,073 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€180,305 | -€184,378 | -€4,073 | -2.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.