VPL 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.
VPL Consult
Largest movements
- Tangible fixed assets +€8,851
up €8,851 (+410%), from €2,160 to €11,011
of which Furniture and vehicles: +€4,445
- Debts after one year -€43,770
down €43,770 (-30.6%), from €143,140 to €99,370
- Reserves +€33,329
up €33,329 (+15.5%), from €214,804 to €248,134
of which Distributable reserves: +€33,329
- Trade debts +€11,863
up €11,863 (+236%), from €5,036 to €16,898
- Financial income -€39,215
down €39,215 (-100.0%), from €39,216 to €0
- Gross operating margin +€8,711
up €8,711 (+15.8%), from €55,271 to €63,982
- Other operating charges +€5,657
up €5,657 (+883%), from €640 to €6,297
- Taxes +€3,481
up €3,481 (+25.5%), from €13,659 to €17,139
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 | €446,126 | €451,415 | +€5,289 | +1.2% |
| Fixed assets | 21/28 | €307,160 | €316,011 | +€8,851 | +2.9% |
| Tangible fixed assets | 22/27 | €2,160 | €11,011 | +€8,851 | +410% |
| Plant, machinery and equipment | 23 | €1,143 | €1,746 | +€604 | +52.8% |
| Furniture and vehicles | 24 | €1,018 | €5,463 | +€4,445 | +437% |
| Other tangible fixed assets | 26 | - | €3,802 | +€3,802 | |
| Financial fixed assets | 28 | €305,000 | €305,000 | = | 0.0% |
| Current assets | 29/58 | €138,966 | €135,404 | -€3,562 | -2.6% |
| Amounts receivable within one year | 40/41 | €120,392 | €119,001 | -€1,391 | -1.2% |
| Trade receivables | 40 | €32 | €0 | -€32 | -100% |
| Other amounts receivable | 41 | €120,360 | €119,001 | -€1,359 | -1.1% |
| Cash at bank and in hand | 54/58 | €6,966 | €6,986 | +€19 | +0.3% |
| Deferred charges and accrued income | 490/1 | €11,607 | €9,417 | -€2,190 | -18.9% |
| Total equity and liabilities | 10/49 | €446,126 | €451,415 | +€5,289 | +1.2% |
| Equity | 10/15 | €227,204 | €260,534 | +€33,329 | +14.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €214,804 | €248,134 | +€33,329 | +15.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €212,944 | €246,274 | +€33,329 | +15.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €218,922 | €190,881 | -€28,041 | -12.8% |
| Amounts payable after more than one year | 17 | €143,140 | €99,370 | -€43,770 | -30.6% |
| Financial debts | 170/4 | €143,140 | €99,370 | -€43,770 | -30.6% |
| Amounts payable within one year | 42/48 | €75,781 | €91,511 | +€15,730 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €46,569 | €48,842 | +€2,273 | +4.9% |
| Financial debts | 43 | €561 | €397 | -€164 | -29.3% |
| Credit institutions | 430/8 | €561 | €397 | -€164 | -29.3% |
| Trade debts | 44 | €5,036 | €16,898 | +€11,863 | +236% |
| Suppliers | 440/4 | €5,036 | €16,898 | +€11,863 | +236% |
| Taxes, remuneration and social security | 45 | €16,147 | €14,521 | -€1,626 | -10.1% |
| Taxes | 450/3 | €16,147 | €14,521 | -€1,626 | -10.1% |
| Other amounts payable | 47/48 | €7,469 | €10,853 | +€3,384 | +45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907 | €941 | +€34 | +3.7% |
| Other operating charges | 640/8 | €640 | €6,297 | +€5,657 | +883% |
| Gross operating margin | 9900 | €55,271 | €63,982 | +€8,711 | +15.8% |
| Operating profit (loss) | 9901 | €53,723 | €56,744 | +€3,021 | +5.6% |
| Financial income | 75/76B | €39,216 | €0 | -€39,215 | -100.0% |
| Recurring financial income | 75 | €39,216 | €0 | -€39,215 | -100.0% |
| Financial charges | 65/66B | €6,880 | €6,262 | -€618 | -9.0% |
| Recurring financial charges | 65 | €6,880 | €6,262 | -€618 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €86,059 | €50,482 | -€35,577 | -41.3% |
| Income taxes | 67/77 | €13,659 | €17,139 | +€3,481 | +25.5% |
| Profit (loss) for the period | 9904 | €72,400 | €33,343 | -€39,058 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,400 | €33,343 | -€39,058 | -53.9% |
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 15 October 2026 via checked.be.