VT Consultancy: 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.
VT Consultancy
Largest movements
- Receivables within one year +€71,157
up €71,157 (+39.6%), from €179,674 to €250,831
- Profit (loss) carried forward +€39,104
up €39,104 (+29,344%), from €133 to €39,237
- Tax, wage and social debts +€34,145
up €34,145 (+320%), from €10,672 to €44,817
- Debts after one year -€19,539
down €19,539 (-15.4%), from €126,908 to €107,368
- Reserves +€10,000
new in 2025: €10,000
- Current portion of long-term debt +€4,273
up €4,273 (+21.8%), from €19,559 to €23,832
- Gross operating margin +€73,383
up €73,383 (+240%), from €30,575 to €103,958
- Staff costs +€23,416
up €23,416 (+785%), from €2,981 to €26,398
- Taxes +€17,862
up €17,862 (+5,333%), from €335 to €18,197
- Financial charges +€4,127
up €4,127 (+83.3%), from €4,953 to €9,080
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 | €179,760 | €250,869 | +€71,109 | +39.6% |
| Current assets | 29/58 | €179,760 | €250,869 | +€71,109 | +39.6% |
| Amounts receivable within one year | 40/41 | €179,674 | €250,831 | +€71,157 | +39.6% |
| Trade receivables | 40 | €179,674 | €250,831 | +€71,157 | +39.6% |
| Cash at bank and in hand | 54/58 | €86 | €38 | -€48 | -55.4% |
| Total equity and liabilities | 10/49 | €179,760 | €250,869 | +€71,109 | +39.6% |
| Equity | 10/15 | €21,633 | €70,737 | +€49,104 | +227% |
| Contributions | 10/11 | €21,500 | €21,500 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €133 | €39,237 | +€39,104 | +29,344% |
| Amounts payable | 17/49 | €158,127 | €180,132 | +€22,005 | +13.9% |
| Amounts payable after more than one year | 17 | €126,908 | €107,368 | -€19,539 | -15.4% |
| Financial debts | 170/4 | €126,908 | €107,368 | -€19,539 | -15.4% |
| Amounts payable within one year | 42/48 | €31,219 | €72,764 | +€41,545 | +133% |
| Current portion of amounts payable after more than one year | 42 | €19,559 | €23,832 | +€4,273 | +21.8% |
| Trade debts | 44 | €988 | €4,115 | +€3,127 | +316% |
| Suppliers | 440/4 | €988 | €4,115 | +€3,127 | +316% |
| Taxes, remuneration and social security | 45 | €10,672 | €44,817 | +€34,145 | +320% |
| Taxes | 450/3 | €10,672 | €44,817 | +€34,145 | +320% |
| Remuneration, social security and pensions | 62 | €2,981 | €26,398 | +€23,416 | +785% |
| Other operating charges | 640/8 | €848 | €1,179 | +€331 | +39.0% |
| Gross operating margin | 9900 | €30,575 | €103,958 | +€73,383 | +240% |
| Operating profit (loss) | 9901 | €26,745 | €76,381 | +€49,635 | +186% |
| Financial charges | 65/66B | €4,953 | €9,080 | +€4,127 | +83.3% |
| Recurring financial charges | 65 | €4,953 | €9,080 | +€4,127 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | €21,792 | €67,301 | +€45,509 | +209% |
| Income taxes | 67/77 | €335 | €18,197 | +€17,862 | +5,333% |
| Profit (loss) for the period | 9904 | €21,457 | €49,104 | +€27,646 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €21,457 | €49,104 | +€27,646 | +129% |
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 13 October 2026 via checked.be.