Vossen Consult: 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.
Vossen Consult
Largest movements
- Cash -€91,050
down €91,050 (-38.0%), from €239,753 to €148,703
mainly Contributions, distributions and other (-€99,482) and Other debts (-€73,154)
- Tangible fixed assets -€11,349
down €11,349 (-23.1%), from €49,174 to €37,825
of which Furniture and vehicles: -€12,563
- Receivables within one year +€8,931
up €8,931 (+43.2%), from €20,669 to €29,600
of which Trade receivables: +€4,559
- Other debts -€73,154
down €73,154 (-46.4%), from €157,714 to €84,560
- Tax, wage and social debts -€21,310
down €21,310 (-43.1%), from €49,426 to €28,115
of which Taxes: -€22,444
- Gross operating margin +€17,926
up €17,926 (+14.1%), from €127,173 to €145,099
- Depreciation +€10,589
up €10,589 (+440%), from €2,407 to €12,996
- Taxes +€5,565
up €5,565 (+22.2%), from €25,062 to €30,627
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 | €312,252 | €218,871 | -€93,381 | -29.9% |
| Fixed assets | 21/28 | €50,674 | €39,325 | -€11,349 | -22.4% |
| Tangible fixed assets | 22/27 | €49,174 | €37,825 | -€11,349 | -23.1% |
| Plant, machinery and equipment | 23 | €2,269 | €3,482 | +€1,214 | +53.5% |
| Furniture and vehicles | 24 | €46,906 | €34,343 | -€12,563 | -26.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €261,578 | €179,546 | -€82,032 | -31.4% |
| Amounts receivable within one year | 40/41 | €20,669 | €29,600 | +€8,931 | +43.2% |
| Trade receivables | 40 | €17,731 | €22,289 | +€4,559 | +25.7% |
| Other amounts receivable | 41 | €2,938 | €7,311 | +€4,373 | +149% |
| Cash at bank and in hand | 54/58 | €239,753 | €148,703 | -€91,050 | -38.0% |
| Deferred charges and accrued income | 490/1 | €1,155 | €1,242 | +€87 | +7.6% |
| Total equity and liabilities | 10/49 | €312,252 | €218,871 | -€93,381 | -29.9% |
| Equity | 10/15 | €104,482 | €105,781 | +€1,298 | +1.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,482 | €100,781 | +€1,298 | +1.3% |
| Distributable reserves | 133 | €99,482 | €100,781 | +€1,298 | +1.3% |
| Amounts payable | 17/49 | €207,770 | €113,090 | -€94,679 | -45.6% |
| Amounts payable within one year | 42/48 | €207,770 | €113,090 | -€94,679 | -45.6% |
| Trade debts | 44 | €630 | €415 | -€215 | -34.1% |
| Suppliers | 440/4 | €630 | €415 | -€215 | -34.1% |
| Taxes, remuneration and social security | 45 | €49,426 | €28,115 | -€21,310 | -43.1% |
| Taxes | 450/3 | €49,426 | €26,982 | -€22,444 | -45.4% |
| Remuneration and social security | 454/9 | - | €1,134 | +€1,134 | |
| Other amounts payable | 47/48 | €157,714 | €84,560 | -€73,154 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,407 | €12,996 | +€10,589 | +440% |
| Other operating charges | 640/8 | €507 | €1,366 | +€859 | +169% |
| Gross operating margin | 9900 | €127,173 | €145,099 | +€17,926 | +14.1% |
| Operating profit (loss) | 9901 | €124,259 | €130,738 | +€6,479 | +5.2% |
| Financial income | 75/76B | €387 | €800 | +€413 | +107% |
| Recurring financial income | 75 | €387 | €800 | +€413 | +107% |
| Financial charges | 65/66B | €962 | €130 | -€832 | -86.5% |
| Recurring financial charges | 65 | €962 | €130 | -€832 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €123,684 | €131,408 | +€7,724 | +6.2% |
| Income taxes | 67/77 | €25,062 | €30,627 | +€5,565 | +22.2% |
| Profit (loss) for the period | 9904 | €98,622 | €100,781 | +€2,159 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €98,622 | €100,781 | +€2,159 | +2.2% |
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 21 October 2026 via checked.be.