VP 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.
VP Consulting
Largest movements
- Receivables within one year -€196,207
down €196,207 (-49.6%), from €395,399 to €199,191
of which Other amounts receivable: -€194,312
- Cash +€114,624
up €114,624 (+129%), from €88,991 to €203,614
mainly Receivables within one year (+€196,207) and Net result for the year (+€67,919)
- Tax, wage and social debts -€82,434
down €82,434 (-97.3%), from €84,751 to €2,316
- Profit (loss) carried forward +€67,919
up €67,919 (+16.0%), from -€423,209 to -€355,290
- Gross operating margin -€29,751
down €29,751 (-22.8%), from €130,751 to €101,000
- Financial income +€6,296
up €6,296 (+69.5%), from €9,058 to €15,354
of which Non-recurring financial income: +€15,300
- Financial charges -€2,433
down €2,433 (-61.4%), from €3,959 to €1,526
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 | €5,694,732 | €5,588,161 | -€106,571 | -1.9% |
| Fixed assets | 21/28 | €5,205,412 | €5,176,578 | -€28,834 | -0.6% |
| Tangible fixed assets | 22/27 | €212,112 | €183,278 | -€28,834 | -13.6% |
| Land and buildings | 22 | €192,020 | €162,871 | -€29,149 | -15.2% |
| Plant, machinery and equipment | 23 | €2,302 | €1,360 | -€943 | -40.9% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €17,790 | €19,048 | +€1,258 | +7.1% |
| Financial fixed assets | 28 | €4,993,300 | €4,993,300 | = | 0.0% |
| Current assets | 29/58 | €489,320 | €411,583 | -€77,737 | -15.9% |
| Amounts receivable within one year | 40/41 | €395,399 | €199,191 | -€196,207 | -49.6% |
| Trade receivables | 40 | €8,334 | €6,438 | -€1,895 | -22.7% |
| Other amounts receivable | 41 | €387,065 | €192,753 | -€194,312 | -50.2% |
| Cash at bank and in hand | 54/58 | €88,991 | €203,614 | +€114,624 | +129% |
| Deferred charges and accrued income | 490/1 | €4,931 | €8,777 | +€3,846 | +78.0% |
| Total equity and liabilities | 10/49 | €5,694,732 | €5,588,161 | -€106,571 | -1.9% |
| Equity | 10/15 | €58,080 | €125,999 | +€67,919 | +117% |
| Contributions | 10/11 | €472,400 | €472,400 | = | 0.0% |
| Reserves | 13 | €8,889 | €8,889 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,217 | €3,866 | -€351 | -8.3% |
| Distributable reserves | 133 | €4,672 | €5,023 | +€351 | +7.5% |
| Profit (loss) carried forward | 14 | -€423,209 | -€355,290 | +€67,919 | +16.0% |
| Amounts payable | 17/49 | €5,636,652 | €5,462,163 | -€174,490 | -3.1% |
| Amounts payable after more than one year | 17 | €2,292 | - | -€2,292 | |
| Financial debts | 170/4 | €2,292 | - | -€2,292 | |
| Amounts payable within one year | 42/48 | €5,634,360 | €5,462,163 | -€172,198 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €52,701 | €2,292 | -€50,409 | -95.7% |
| Trade debts | 44 | €0 | €408 | +€408 | |
| Suppliers | 440/4 | €0 | €408 | +€408 | |
| Taxes, remuneration and social security | 45 | €84,751 | €2,316 | -€82,434 | -97.3% |
| Taxes | 450/3 | €84,751 | €2,316 | -€82,434 | -97.3% |
| Other amounts payable | 47/48 | €5,496,908 | €5,457,146 | -€39,762 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,189 | €42,380 | +€191 | +0.5% |
| Other operating charges | 640/8 | €5,029 | €4,226 | -€803 | -16.0% |
| Gross operating margin | 9900 | €130,751 | €101,000 | -€29,751 | -22.8% |
| Operating profit (loss) | 9901 | €83,534 | €54,394 | -€29,140 | -34.9% |
| Financial income | 75/76B | €9,058 | €15,354 | +€6,296 | +69.5% |
| Recurring financial income | 75 | €9,058 | €54 | -€9,004 | -99.4% |
| Non-recurring financial income | 76B | - | €15,300 | +€15,300 | |
| Financial charges | 65/66B | €3,959 | €1,526 | -€2,433 | -61.4% |
| Recurring financial charges | 65 | €3,959 | €1,526 | -€2,433 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | €88,632 | €68,221 | -€20,411 | -23.0% |
| Income taxes | 67/77 | €864 | €303 | -€562 | -65.0% |
| Profit (loss) for the period | 9904 | €87,768 | €67,919 | -€19,849 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,768 | €67,919 | -€19,849 | -22.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.