VOLCKAERT 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.
VOLCKAERT CONSULTING
Largest movements
- Receivables within one year -€60,514
down €60,514 (-62.0%), from €97,546 to €37,032
of which Other amounts receivable: -€41,748
- Tangible fixed assets -€44,335
down €44,335 (-6.4%), from €697,455 to €653,120
- Cash +€35,568
up €35,568 (+16.9%), from €210,742 to €246,311
mainly Net result for the year (+€114,980) and Receivables within one year (+€60,514)
- Reserves +€114,970
up €114,970 (+64.4%), from €178,440 to €293,410
- Provisions -€80,000
no longer reported in 2025 (was €80,000)
- Debts after one year -€66,072
down €66,072 (-12.6%), from €523,155 to €457,083
- Other debts -€58,662
down €58,662 (-48.2%), from €121,600 to €62,938
- Tax, wage and social debts +€19,869
up €19,869 (+74.7%), from €26,599 to €46,468
- Financial income +€104,581
up €104,581 (+3,289%), from €3,180 to €107,761
of which Non-recurring financial income: +€80,000
- Taxes +€77,492
up €77,492 (+940%), from €8,242 to €85,734
- Other operating charges -€68,698
down €68,698 (-98.0%), from €70,111 to €1,413
- Gross operating margin +€32,795
up €32,795 (+25.6%), from €127,928 to €160,723
- Financial charges +€13,774
up €13,774 (+167%), from €8,247 to €22,021
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 | €1,005,743 | €936,463 | -€69,280 | -6.9% |
| Fixed assets | 21/28 | €697,455 | €653,120 | -€44,335 | -6.4% |
| Tangible fixed assets | 22/27 | €697,455 | €653,120 | -€44,335 | -6.4% |
| Land and buildings | 22 | €657,913 | €638,807 | -€19,106 | -2.9% |
| Plant, machinery and equipment | 23 | €5,117 | €4,356 | -€760 | -14.9% |
| Furniture and vehicles | 24 | €23,871 | €4,680 | -€19,192 | -80.4% |
| Other tangible fixed assets | 26 | €10,554 | €5,277 | -€5,277 | -50.0% |
| Current assets | 29/58 | €308,288 | €283,343 | -€24,945 | -8.1% |
| Amounts receivable within one year | 40/41 | €97,546 | €37,032 | -€60,514 | -62.0% |
| Trade receivables | 40 | €31,657 | €12,892 | -€18,766 | -59.3% |
| Other amounts receivable | 41 | €65,889 | €24,141 | -€41,748 | -63.4% |
| Cash at bank and in hand | 54/58 | €210,742 | €246,311 | +€35,568 | +16.9% |
| Total equity and liabilities | 10/49 | €1,005,743 | €936,463 | -€69,280 | -6.9% |
| Equity | 10/15 | €191,457 | €306,438 | +€114,980 | +60.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €178,440 | €293,410 | +€114,970 | +64.4% |
| Distributable reserves | 133 | €178,440 | €293,410 | +€114,970 | +64.4% |
| Profit (loss) carried forward | 14 | €617 | €628 | +€10 | +1.7% |
| Provisions and deferred taxes | 16 | €80,000 | - | -€80,000 | |
| Provisions for liabilities and charges | 160/5 | €80,000 | - | -€80,000 | |
| Pensions and similar obligations | 160 | €80,000 | - | -€80,000 | |
| Amounts payable | 17/49 | €734,285 | €630,025 | -€104,261 | -14.2% |
| Amounts payable after more than one year | 17 | €523,155 | €457,083 | -€66,072 | -12.6% |
| Financial debts | 170/4 | €523,155 | €457,083 | -€66,072 | -12.6% |
| Amounts payable within one year | 42/48 | €211,130 | €172,941 | -€38,189 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €55,441 | €58,015 | +€2,575 | +4.6% |
| Trade debts | 44 | €7,490 | €5,520 | -€1,970 | -26.3% |
| Suppliers | 440/4 | €7,490 | €5,520 | -€1,970 | -26.3% |
| Taxes, remuneration and social security | 45 | €26,599 | €46,468 | +€19,869 | +74.7% |
| Taxes | 450/3 | €26,599 | €46,468 | +€19,869 | +74.7% |
| Other amounts payable | 47/48 | €121,600 | €62,938 | -€58,662 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,175 | €44,335 | +€7,160 | +19.3% |
| Other operating charges | 640/8 | €70,111 | €1,413 | -€68,698 | -98.0% |
| Non-recurring operating charges | 66A | €750 | - | -€750 | |
| Gross operating margin | 9900 | €127,928 | €160,723 | +€32,795 | +25.6% |
| Operating profit (loss) | 9901 | €19,892 | €114,975 | +€95,082 | +478% |
| Financial income | 75/76B | €3,180 | €107,761 | +€104,581 | +3,289% |
| Recurring financial income | 75 | €3,180 | €27,761 | +€24,581 | +773% |
| Non-recurring financial income | 76B | - | €80,000 | +€80,000 | |
| Financial charges | 65/66B | €8,247 | €22,021 | +€13,774 | +167% |
| Recurring financial charges | 65 | €8,247 | €22,021 | +€13,774 | +167% |
| Profit (loss) for the period before taxes | 9903 | €14,826 | €200,715 | +€185,889 | +1,254% |
| Income taxes | 67/77 | €8,242 | €85,734 | +€77,492 | +940% |
| Profit (loss) for the period | 9904 | €6,583 | €114,980 | +€108,397 | +1,647% |
| Profit (loss) for the period to be appropriated | 9905 | €6,583 | €114,980 | +€108,397 | +1,647% |
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 30 October 2026 via checked.be.