VRM CONSULT: 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.
VRM CONSULT
Largest movements
- Cash +€48,043
up €48,043 (+113.3%), from €42,394 to €90,437
mainly Receivables within one year (+€46,374) and Net result for the year (+€4,219)
- Receivables within one year -€46,374
down €46,374 (-55.3%), from €83,843 to €37,469
of which Other amounts receivable: -€57,061
- Profit (loss) carried forward +€4,219
up €4,219 (+2104.2%), from €200 to €4,419
- Tax, wage and social debts -€2,751
down €2,751 (-55.2%), from €4,982 to €2,230
- Gross operating margin +€4,353
up €4,353 (+93.2%), from €4,673 to €9,026
- Taxes +€1,799
up €1,799 (+217.4%), from €827 to €2,626
- Financial income -€1,685
down €1,685 (-99.9%), from €1,688 to €2
- Other operating charges -€194
down €194 (-14.7%), from €1,318 to €1,124
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.
Cash bridge derived
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 | €130,394 | €131,433 | +€1,039 | +0.8% |
| Fixed assets | 21/28 | €3,060 | €2,083 | -€977 | -31.9% |
| Tangible fixed assets | 22/27 | €2,930 | €1,953 | -€977 | -33.3% |
| Other tangible fixed assets | 26 | €2,930 | €1,953 | -€977 | -33.3% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €127,334 | €129,350 | +€2,016 | +1.6% |
| Amounts receivable within one year | 40/41 | €83,843 | €37,469 | -€46,374 | -55.3% |
| Trade receivables | 40 | - | €10,688 | +€10,688 | |
| Other amounts receivable | 41 | €83,843 | €26,781 | -€57,061 | -68.1% |
| Cash at bank and in hand | 54/58 | €42,394 | €90,437 | +€48,043 | +113.3% |
| Deferred charges and accrued income | 490/1 | €1,097 | €1,444 | +€347 | +31.6% |
| Total equity and liabilities | 10/49 | €130,394 | €131,433 | +€1,039 | +0.8% |
| Equity | 10/15 | €123,314 | €127,533 | +€4,219 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,914 | €116,914 | = | 0.0% |
| Distributable reserves | 133 | €116,914 | €116,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200 | €4,419 | +€4,219 | +2104.2% |
| Amounts payable | 17/49 | €7,079 | €3,900 | -€3,179 | -44.9% |
| Amounts payable within one year | 42/48 | €7,079 | €3,900 | -€3,179 | -44.9% |
| Trade debts | 44 | €2,098 | €1,670 | -€428 | -20.4% |
| Suppliers | 440/4 | €2,098 | €1,670 | -€428 | -20.4% |
| Taxes, remuneration and social security | 45 | €4,982 | €2,230 | -€2,751 | -55.2% |
| Taxes | 450/3 | €4,982 | €2,230 | -€2,751 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €977 | -€8 | -0.8% |
| Other operating charges | 640/8 | €1,318 | €1,124 | -€194 | -14.7% |
| Gross operating margin | 9900 | €4,673 | €9,026 | +€4,353 | +93.2% |
| Operating profit (loss) | 9901 | €2,370 | €6,926 | +€4,556 | +192.3% |
| Financial income | 75/76B | €1,688 | €2 | -€1,685 | -99.9% |
| Recurring financial income | 75 | €1,688 | €2 | -€1,685 | -99.9% |
| Financial charges | 65/66B | €145 | €84 | -€61 | -42.0% |
| Recurring financial charges | 65 | €145 | €84 | -€61 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €3,913 | €6,844 | +€2,932 | +74.9% |
| Income taxes | 67/77 | €827 | €2,626 | +€1,799 | +217.4% |
| Profit (loss) for the period | 9904 | €3,086 | €4,219 | +€1,133 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,086 | €4,219 | +€1,133 | +36.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.