VVH 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.
VVH CONSULTING
Largest movements
- Cash -€73,200
down €73,200 (-53.3%), from €137,421 to €64,221
mainly Contributions, distributions and other (-€105,000) and Debts after one year (-€40,000)
- Deferred charges and accrued income -€11,759
down €11,759 (-66.7%), from €17,625 to €5,865
- Current investments +€10,000
new in 2025: €10,000
- Receivables within one year +€5,160
up €5,160 (+12.1%), from €42,557 to €47,717
of which Trade receivables: +€4,449
- Profit (loss) carried forward -€80,000
down €80,000 (-52.0%), from €153,891 to €73,891
- Reserves +€41,662
new in 2025: €41,662
- Debts after one year -€40,000
down €40,000 (-100%), from €40,000 to €0
- Tax, wage and social debts +€7,785
up €7,785 (+98.1%), from €7,933 to €15,717
of which Taxes: +€7,785
- Trade debts -€3,569
down €3,569 (-69.2%), from €5,155 to €1,586
- Gross operating margin -€6,555
down €6,555 (-6.4%), from €102,207 to €95,652
- Taxes +€2,370
up €2,370 (+11.5%), from €20,633 to €23,003
- Depreciation +€1,462
up €1,462 (+57.7%), from €2,534 to €3,997
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 | €209,613 | €138,045 | -€71,567 | -34.1% |
| Fixed assets | 21/28 | €12,010 | €10,242 | -€1,768 | -14.7% |
| Tangible fixed assets | 22/27 | €12,010 | €10,242 | -€1,768 | -14.7% |
| Furniture and vehicles | 24 | €6,733 | €5,510 | -€1,223 | -18.2% |
| Other tangible fixed assets | 26 | €5,277 | €4,732 | -€545 | -10.3% |
| Current assets | 29/58 | €197,603 | €127,804 | -€69,799 | -35.3% |
| Amounts receivable within one year | 40/41 | €42,557 | €47,717 | +€5,160 | +12.1% |
| Trade receivables | 40 | €38,738 | €43,187 | +€4,449 | +11.5% |
| Other amounts receivable | 41 | €3,819 | €4,530 | +€711 | +18.6% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €137,421 | €64,221 | -€73,200 | -53.3% |
| Deferred charges and accrued income | 490/1 | €17,625 | €5,865 | -€11,759 | -66.7% |
| Total equity and liabilities | 10/49 | €209,613 | €138,045 | -€71,567 | -34.1% |
| Equity | 10/15 | €156,391 | €118,053 | -€38,338 | -24.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €41,662 | +€41,662 | |
| Distributable reserves | 133 | - | €41,662 | +€41,662 | |
| Profit (loss) carried forward | 14 | €153,891 | €73,891 | -€80,000 | -52.0% |
| Amounts payable | 17/49 | €53,222 | €19,992 | -€33,229 | -62.4% |
| Amounts payable after more than one year | 17 | €40,000 | €0 | -€40,000 | -100% |
| Financial debts | 170/4 | €40,000 | €0 | -€40,000 | -100% |
| Amounts payable within one year | 42/48 | €13,222 | €19,992 | +€6,771 | +51.2% |
| Financial debts | 43 | - | €2,591 | +€2,591 | |
| Credit institutions | 430/8 | - | €2,591 | +€2,591 | |
| Trade debts | 44 | €5,155 | €1,586 | -€3,569 | -69.2% |
| Suppliers | 440/4 | €5,155 | €1,586 | -€3,569 | -69.2% |
| Taxes, remuneration and social security | 45 | €7,933 | €15,717 | +€7,785 | +98.1% |
| Taxes | 450/3 | €7,933 | €15,717 | +€7,785 | +98.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €134 | €98 | -€36 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,534 | €3,997 | +€1,462 | +57.7% |
| Other operating charges | 640/8 | €460 | €866 | +€405 | +88.1% |
| Gross operating margin | 9900 | €102,207 | €95,652 | -€6,555 | -6.4% |
| Operating profit (loss) | 9901 | €99,212 | €90,790 | -€8,423 | -8.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,533 | €1,125 | -€408 | -26.6% |
| Recurring financial charges | 65 | €1,533 | €1,125 | -€408 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €97,680 | €89,665 | -€8,015 | -8.2% |
| Income taxes | 67/77 | €20,633 | €23,003 | +€2,370 | +11.5% |
| Profit (loss) for the period | 9904 | €77,047 | €66,662 | -€10,385 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,047 | €66,662 | -€10,385 | -13.5% |
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 24 October 2026 via checked.be.