VT 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.
VT CONSULTING
Largest movements
- Current investments +€315,000
up €315,000 (+95.5%), from €330,000 to €645,000
- Cash -€105,888
down €105,888 (-99.1%), from €106,888 to €1,000
mainly Current investments (-€315,000) and Contributions, distributions and other (-€50,597)
- Receivables within one year -€47,062
down €47,062 (-83.5%), from €56,352 to €9,290
of which Trade receivables: -€37,980
- Tangible fixed assets -€9,076
down €9,076 (-5.7%), from €160,254 to €151,178
of which Land and buildings: -€8,156
- Accrued charges and deferred income +€63,333
up €63,333 (+129,251%), from €49 to €63,382
- Other debts +€55,252
up €55,252 (+525%), from €10,532 to €65,784
- Reserves +€38,481
up €38,481 (+7.2%), from €534,573 to €573,054
- Taxes +€5,068
up €5,068 (+13.5%), from €37,616 to €42,684
- Financial income +€2,400
up €2,400 (+41.1%), from €5,845 to €8,245
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 | €653,911 | €806,842 | +€152,931 | +23.4% |
| Fixed assets | 21/28 | €160,304 | €151,228 | -€9,076 | -5.7% |
| Tangible fixed assets | 22/27 | €160,254 | €151,178 | -€9,076 | -5.7% |
| Land and buildings | 22 | €158,210 | €150,054 | -€8,156 | -5.2% |
| Furniture and vehicles | 24 | €2,044 | €1,124 | -€920 | -45.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €493,607 | €655,614 | +€162,007 | +32.8% |
| Amounts receivable within one year | 40/41 | €56,352 | €9,290 | -€47,062 | -83.5% |
| Trade receivables | 40 | €43,133 | €5,153 | -€37,980 | -88.1% |
| Other amounts receivable | 41 | €13,219 | €4,137 | -€9,082 | -68.7% |
| Current investments | 50/53 | €330,000 | €645,000 | +€315,000 | +95.5% |
| Cash at bank and in hand | 54/58 | €106,888 | €1,000 | -€105,888 | -99.1% |
| Deferred charges and accrued income | 490/1 | €367 | €324 | -€43 | -11.7% |
| Total equity and liabilities | 10/49 | €653,911 | €806,842 | +€152,931 | +23.4% |
| Equity | 10/15 | €553,173 | €591,654 | +€38,481 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €534,573 | €573,054 | +€38,481 | +7.2% |
| Distributable reserves | 133 | €534,573 | €573,054 | +€38,481 | +7.2% |
| Amounts payable | 17/49 | €100,738 | €215,188 | +€114,450 | +114% |
| Amounts payable after more than one year | 17 | €84,083 | €78,131 | -€5,952 | -7.1% |
| Financial debts | 170/4 | €84,083 | €78,131 | -€5,952 | -7.1% |
| Amounts payable within one year | 42/48 | €16,606 | €73,675 | +€57,069 | +344% |
| Current portion of amounts payable after more than one year | 42 | €5,831 | €5,953 | +€122 | +2.1% |
| Trade debts | 44 | €96 | €61 | -€35 | -36.5% |
| Suppliers | 440/4 | €96 | €61 | -€35 | -36.5% |
| Taxes, remuneration and social security | 45 | €147 | €1,877 | +€1,730 | +1,177% |
| Taxes | 450/3 | €147 | €1,877 | +€1,730 | +1,177% |
| Other amounts payable | 47/48 | €10,532 | €65,784 | +€55,252 | +525% |
| Accrued charges and deferred income | 492/3 | €49 | €63,382 | +€63,333 | +129,251% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,450 | €9,076 | -€374 | -4.0% |
| Other operating charges | 640/8 | €1,258 | €1,285 | +€27 | +2.1% |
| Gross operating margin | 9900 | €137,076 | €136,896 | -€180 | -0.1% |
| Operating profit (loss) | 9901 | €126,368 | €126,535 | +€167 | +0.1% |
| Financial income | 75/76B | €5,845 | €8,245 | +€2,400 | +41.1% |
| Recurring financial income | 75 | €5,845 | €8,245 | +€2,400 | +41.1% |
| Financial charges | 65/66B | €2,779 | €3,018 | +€239 | +8.6% |
| Recurring financial charges | 65 | €2,779 | €3,018 | +€239 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €129,434 | €131,762 | +€2,328 | +1.8% |
| Income taxes | 67/77 | €37,616 | €42,684 | +€5,068 | +13.5% |
| Profit (loss) for the period | 9904 | €91,818 | €89,078 | -€2,740 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,818 | €89,078 | -€2,740 | -3.0% |
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 17 October 2026 via checked.be.