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VONTECH: what changed

Two fiscal 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.

What changed

VONTECH

BE 0809.115.503
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,773
2024 · €27,930-€13,157
Equity
€214,065
2024 · €213,690+€375
Cash
€186,286
2024 · €192,887-€6,600
Balance sheet total
€246,457
2024 · €233,897+€12,559

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€21,333

    up €21,333 (+414.2%), from €5,151 to €26,484

  • Cash -€6,600

    down €6,600 (-3.4%), from €192,887 to €186,286

    mainly Investment in fixed assets (net) (-€24,095) and Contributions, distributions and other (-€14,398)

  • Receivables within one year -€2,867

    down €2,867 (-8.0%), from €35,860 to €32,993

    of which Trade receivables: -€10,222

Equity and liabilities
  • Other debts +€13,253

    up €13,253 (+1157.4%), from €1,145 to €14,398

Income statement
  • Financial charges +€15,213

    up €15,213 (+1292.0%), from €1,178 to €16,391

  • Taxes -€6,479

    down €6,479 (-45.9%), from €14,124 to €7,645

  • Financial income -€3,085

    down €3,085 (-71.1%), from €4,339 to €1,254

  • Gross operating margin -€1,256

    down €1,256 (-3.0%), from €41,772 to €40,516

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €27,930
Gross operating margin -€1,256
Depreciation -€70
Other operating charges -€12
Financial income -€3,085
Financial charges -€15,213
Taxes +€6,479
Result 2025 €14,773

Cash bridge derived

cash 2024 to 2025

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.

From operations +€32,306
Investment -€24,095
Financing -€14,812
Cash 2024 €192,887
Net result for the year +€14,773
Depreciation +€2,562
Receivables within one year +€2,867
Deferred charges and accrued income -€493
Trade debts +€1,562
Tax, wage and social debts -€2,217
Other debts +€13,253
Investment in fixed assets (net) -€24,095
Short-term financial debts -€414
Contributions, distributions and other -€14,398
Cash 2025 €186,286
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €233,897 €246,457 +€12,559 +5.4%
Fixed assets 21/28 €5,151 €26,684 +€21,533 +418.1%
Tangible fixed assets 22/27 €5,151 €26,484 +€21,333 +414.2%
Furniture and vehicles 24 €5,151 €26,484 +€21,333 +414.2%
Financial fixed assets 28 - €200 +€200
Current assets 29/58 €228,746 €219,773 -€8,974 -3.9%
Amounts receivable within one year 40/41 €35,860 €32,993 -€2,867 -8.0%
Trade receivables 40 €14,957 €4,735 -€10,222 -68.3%
Other amounts receivable 41 €20,902 €28,258 +€7,355 +35.2%
Cash at bank and in hand 54/58 €192,887 €186,286 -€6,600 -3.4%
Deferred charges and accrued income 490/1 €0 €493 +€493
Total equity and liabilities 10/49 €233,897 €246,457 +€12,559 +5.4%
Equity 10/15 €213,690 €214,065 +€375 +0.2%
Contributions 10/11 €6,800 €6,800 = 0.0%
Reserves 13 €110,065 €109,725 -€340 -0.3%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €110,065 €109,725 -€340 -0.3%
Profit (loss) carried forward 14 €96,825 €97,540 +€715 +0.7%
Provisions and deferred taxes 16 €14,763 €14,763 = 0.0%
Provisions for liabilities and charges 160/5 €14,763 €14,763 = 0.0%
Pensions and similar obligations 160 €14,763 €14,763 = 0.0%
Amounts payable 17/49 €5,444 €17,628 +€12,184 +223.8%
Amounts payable within one year 42/48 €5,444 €17,628 +€12,184 +223.8%
Financial debts 43 €1,736 €1,322 -€414 -23.9%
Credit institutions 430/8 €1,736 €1,322 -€414 -23.9%
Trade debts 44 €347 €1,909 +€1,562 +450.3%
Suppliers 440/4 €347 €1,909 +€1,562 +450.3%
Taxes, remuneration and social security 45 €2,217 €0 -€2,217 -100.0%
Taxes 450/3 €2,217 €0 -€2,217 -100.0%
Other amounts payable 47/48 €1,145 €14,398 +€13,253 +1157.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,492 €2,562 +€70 +2.8%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 €41,772 €40,516 -€1,256 -3.0%
Operating profit (loss) 9901 €38,893 €37,554 -€1,338 -3.4%
Financial income 75/76B €4,339 €1,254 -€3,085 -71.1%
Recurring financial income 75 €4,339 €1,254 -€3,085 -71.1%
Financial charges 65/66B €1,178 €16,391 +€15,213 +1292.0%
Recurring financial charges 65 €1,178 €16,391 +€15,213 +1292.0%
Profit (loss) for the period before taxes 9903 €42,054 €22,418 -€19,636 -46.7%
Income taxes 67/77 €14,124 €7,645 -€6,479 -45.9%
Profit (loss) for the period 9904 €27,930 €14,773 -€13,157 -47.1%
Profit (loss) for the period to be appropriated 9905 €27,930 €14,773 -€13,157 -47.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.