VW Consult: 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.
VW Consult
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Tangible fixed assets +€153,724
up €153,724 (+29.9%), from €514,113 to €667,837
of which Land and buildings: +€129,891
- Cash +€115,156
up €115,156 (+326%), from €35,286 to €150,442
mainly Current investments (+€200,000) and Receivables within one year (+€70,702)
- Receivables within one year -€70,702
down €70,702 (-57.4%), from €123,176 to €52,474
of which Other amounts receivable: -€111,178
- Reserves -€42,171
down €42,171 (-23.1%), from €182,364 to €140,192
of which Distributable reserves: -€42,171
- Debts after one year +€33,000
up €33,000 (+6.6%), from €500,000 to €533,000
- Profit (loss) carried forward -€32,119
new in 2025: -€32,119
- Other debts +€28,567
up €28,567 (+17.6%), from €162,596 to €191,163
- Tax, wage and social debts +€9,321
up €9,321 (+1,241%), from €751 to €10,072
of which Remuneration and social security: +€8,639
- Staff costs +€52,347
new in 2025: €52,347
- Depreciation +€26,294
up €26,294 (+1,833%), from €1,434 to €27,729
- Gross operating margin +€9,012
up €9,012, from -€3,169 to €5,842
- Financial income -€2,099
down €2,099 (-61.4%), from €3,416 to €1,318
- Other operating charges -€791
down €791 (-73.4%), from €1,078 to €287
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 | €874,909 | €873,641 | -€1,268 | -0.1% |
| Fixed assets | 21/28 | €514,113 | €667,837 | +€153,724 | +29.9% |
| Tangible fixed assets | 22/27 | €514,113 | €667,837 | +€153,724 | +29.9% |
| Land and buildings | 22 | €510,590 | €640,481 | +€129,891 | +25.4% |
| Plant, machinery and equipment | 23 | - | €12,065 | +€12,065 | |
| Furniture and vehicles | 24 | €3,523 | €15,290 | +€11,768 | +334% |
| Current assets | 29/58 | €360,796 | €205,804 | -€154,992 | -43.0% |
| Amounts receivable within one year | 40/41 | €123,176 | €52,474 | -€70,702 | -57.4% |
| Trade receivables | 40 | €8,171 | €48,647 | +€40,476 | +495% |
| Other amounts receivable | 41 | €115,005 | €3,827 | -€111,178 | -96.7% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €35,286 | €150,442 | +€115,156 | +326% |
| Deferred charges and accrued income | 490/1 | €2,334 | €2,889 | +€555 | +23.8% |
| Total equity and liabilities | 10/49 | €874,909 | €873,641 | -€1,268 | -0.1% |
| Equity | 10/15 | €202,374 | €128,084 | -€74,290 | -36.7% |
| Contributions | 10/11 | €20,010 | €20,010 | = | 0.0% |
| Reserves | 13 | €182,364 | €140,192 | -€42,171 | -23.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €182,364 | €140,192 | -€42,171 | -23.1% |
| Profit (loss) carried forward | 14 | - | -€32,119 | -€32,119 | |
| Amounts payable | 17/49 | €672,535 | €745,557 | +€73,023 | +10.9% |
| Amounts payable after more than one year | 17 | €500,000 | €533,000 | +€33,000 | +6.6% |
| Financial debts | 170/4 | €500,000 | €533,000 | +€33,000 | +6.6% |
| Amounts payable within one year | 42/48 | €172,187 | €212,413 | +€40,226 | +23.4% |
| Trade debts | 44 | €8,840 | €11,179 | +€2,339 | +26.5% |
| Suppliers | 440/4 | €8,840 | €11,179 | +€2,339 | +26.5% |
| Taxes, remuneration and social security | 45 | €751 | €10,072 | +€9,321 | +1,241% |
| Taxes | 450/3 | €751 | €1,433 | +€681 | +90.7% |
| Remuneration and social security | 454/9 | - | €8,639 | +€8,639 | |
| Other amounts payable | 47/48 | €162,596 | €191,163 | +€28,567 | +17.6% |
| Accrued charges and deferred income | 492/3 | €348 | €144 | -€203 | -58.5% |
| Remuneration, social security and pensions | 62 | - | €52,347 | +€52,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €27,729 | +€26,294 | +1,833% |
| Other operating charges | 640/8 | €1,078 | €287 | -€791 | -73.4% |
| Gross operating margin | 9900 | -€3,169 | €5,842 | +€9,012 | |
| Operating profit (loss) | 9901 | -€5,682 | -€74,520 | -€68,838 | -1,212% |
| Financial income | 75/76B | €3,416 | €1,318 | -€2,099 | -61.4% |
| Recurring financial income | 75 | €3,416 | €1,318 | -€2,099 | -61.4% |
| Financial charges | 65/66B | €1,377 | €781 | -€597 | -43.3% |
| Recurring financial charges | 65 | €1,377 | €781 | -€597 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,643 | -€73,983 | -€70,340 | -1,931% |
| Income taxes | 67/77 | €392 | €307 | -€85 | -21.6% |
| Profit (loss) for the period | 9904 | -€4,035 | -€74,290 | -€70,255 | -1,741% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,035 | -€74,290 | -€70,255 | -1,741% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.