VSC Avocat: 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.
VSC Avocat
Largest movements
- Cash +€19,952
up €19,952 (+20.7%), from €96,189 to €116,141
mainly Net result for the year (+€89,237) and Short-term financial debts (+€1,443)
- Tangible fixed assets +€1,920
up €1,920 (+71.1%), from €2,699 to €4,619
- Profit (loss) carried forward +€67,808
up €67,808 (+124.2%), from €54,610 to €122,418
- Other debts -€27,848
down €27,848 (-55.4%), from €50,302 to €22,455
- Tax, wage and social debts -€18,809
down €18,809 (-46.6%), from €40,340 to €21,531
- Gross operating margin -€37,801
down €37,801 (-24.8%), from €152,394 to €114,593
- Taxes -€9,101
down €9,101 (-27.4%), from €33,158 to €24,057
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 | €150,307 | €172,284 | +€21,976 | +14.6% |
| Fixed assets | 21/28 | €2,699 | €4,619 | +€1,920 | +71.1% |
| Tangible fixed assets | 22/27 | €2,699 | €4,619 | +€1,920 | +71.1% |
| Furniture and vehicles | 24 | €2,699 | €4,619 | +€1,920 | +71.1% |
| Current assets | 29/58 | €147,609 | €167,665 | +€20,057 | +13.6% |
| Amounts receivable within one year | 40/41 | €49,500 | €49,394 | -€106 | -0.2% |
| Trade receivables | 40 | €49,500 | €49,394 | -€106 | -0.2% |
| Cash at bank and in hand | 54/58 | €96,189 | €116,141 | +€19,952 | +20.7% |
| Deferred charges and accrued income | 490/1 | €1,919 | €2,130 | +€210 | +11.0% |
| Total equity and liabilities | 10/49 | €150,307 | €172,284 | +€21,976 | +14.6% |
| Equity | 10/15 | €57,610 | €125,418 | +€67,808 | +117.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,610 | €122,418 | +€67,808 | +124.2% |
| Amounts payable | 17/49 | €92,698 | €46,866 | -€45,832 | -49.4% |
| Amounts payable within one year | 42/48 | €92,698 | €46,866 | -€45,832 | -49.4% |
| Financial debts | 43 | €482 | €1,924 | +€1,443 | +299.6% |
| Credit institutions | 430/8 | €482 | €1,924 | +€1,443 | +299.6% |
| Trade debts | 44 | €1,574 | €956 | -€618 | -39.3% |
| Suppliers | 440/4 | €1,574 | €956 | -€618 | -39.3% |
| Taxes, remuneration and social security | 45 | €40,340 | €21,531 | -€18,809 | -46.6% |
| Taxes | 450/3 | €40,340 | €21,531 | -€18,809 | -46.6% |
| Other amounts payable | 47/48 | €50,302 | €22,455 | -€27,848 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €1,199 | +€999 | +499.0% |
| Other operating charges | 640/8 | - | €26 | +€26 | |
| Gross operating margin | 9900 | €152,394 | €114,593 | -€37,801 | -24.8% |
| Operating profit (loss) | 9901 | €152,194 | €113,368 | -€38,826 | -25.5% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €140 | €78 | -€63 | -44.6% |
| Recurring financial charges | 65 | €140 | €78 | -€63 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €152,053 | €113,294 | -€38,759 | -25.5% |
| Income taxes | 67/77 | €33,158 | €24,057 | -€9,101 | -27.4% |
| Profit (loss) for the period | 9904 | €118,895 | €89,237 | -€29,659 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €118,895 | €89,237 | -€29,659 | -24.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.