VX 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.
VX CONSULTING
Largest movements
- Cash +€6,390
up €6,390 (+145%), from €4,408 to €10,798
mainly Net result for the year (+€50,279) and Current portion of long-term debt (+€6,000)
- Tangible fixed assets -€2,279
down €2,279 (-33.0%), from €6,903 to €4,624
- Current portion of long-term debt +€6,000
up €6,000 (+120%), from €5,000 to €11,000
- Trade debts -€5,310
down €5,310 (-58.7%), from €9,048 to €3,738
- Tax, wage and social debts +€5,076
up €5,076 (+13.5%), from €37,659 to €42,735
of which Taxes: +€5,076
- Other debts -€3,529
down €3,529 (-6.6%), from €53,529 to €50,000
- Write-downs +€15,540
up €15,540, from -€15,540 to €0
- Gross operating margin +€13,527
up €13,527 (+22.4%), from €60,396 to €73,923
- Other operating charges -€11,750
down €11,750 (-72.8%), from €16,137 to €4,387
- Taxes +€2,569
up €2,569 (+20.3%), from €12,678 to €15,248
- Financial income +€2,159
up €2,159 (+52.2%), from €4,135 to €6,294
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 | €128,211 | €130,607 | +€2,396 | +1.9% |
| Fixed assets | 21/28 | €7,175 | €4,699 | -€2,476 | -34.5% |
| Intangible fixed assets | 21 | €198 | €0 | -€198 | -100% |
| Tangible fixed assets | 22/27 | €6,903 | €4,624 | -€2,279 | -33.0% |
| Furniture and vehicles | 24 | €6,903 | €4,624 | -€2,279 | -33.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €121,036 | €125,908 | +€4,872 | +4.0% |
| Amounts receivable within one year | 40/41 | €116,178 | €114,994 | -€1,185 | -1.0% |
| Trade receivables | 40 | €23,770 | €86 | -€23,684 | -99.6% |
| Other amounts receivable | 41 | €92,408 | €114,908 | +€22,500 | +24.3% |
| Cash at bank and in hand | 54/58 | €4,408 | €10,798 | +€6,390 | +145% |
| Deferred charges and accrued income | 490/1 | €450 | €116 | -€334 | -74.2% |
| Total equity and liabilities | 10/49 | €128,211 | €130,607 | +€2,396 | +1.9% |
| Equity | 10/15 | €22,855 | €23,134 | +€279 | +1.2% |
| Contributions | 10/11 | €266 | €266 | = | 0.0% |
| Contributions outside capital | 11 | €266 | - | -€266 | |
| Other | 1109/19 | €266 | - | -€266 | |
| Reserves | 13 | €1,326 | €1,326 | = | 0.0% |
| Distributable reserves | 133 | €1,326 | €1,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,262 | €21,541 | +€279 | +1.3% |
| Amounts payable | 17/49 | €105,357 | €107,473 | +€2,116 | +2.0% |
| Amounts payable within one year | 42/48 | €105,237 | €107,473 | +€2,237 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €11,000 | +€6,000 | +120% |
| Trade debts | 44 | €9,048 | €3,738 | -€5,310 | -58.7% |
| Suppliers | 440/4 | €9,048 | €3,738 | -€5,310 | -58.7% |
| Taxes, remuneration and social security | 45 | €37,659 | €42,735 | +€5,076 | +13.5% |
| Taxes | 450/3 | €35,844 | €40,921 | +€5,076 | +14.2% |
| Remuneration and social security | 454/9 | €1,815 | €1,815 | = | 0.0% |
| Other amounts payable | 47/48 | €53,529 | €50,000 | -€3,529 | -6.6% |
| Accrued charges and deferred income | 492/3 | €120 | €0 | -€120 | -100% |
| Non-recurring operating income | 76A | - | €615 | +€615 | |
| Remuneration, social security and pensions | 62 | €195 | €741 | +€546 | +279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,220 | €3,966 | -€255 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,540 | €0 | +€15,540 | |
| Other operating charges | 640/8 | €16,137 | €4,387 | -€11,750 | -72.8% |
| Non-recurring operating charges | 66A | - | €273 | +€273 | |
| Gross operating margin | 9900 | €60,396 | €73,923 | +€13,527 | +22.4% |
| Operating profit (loss) | 9901 | €55,383 | €64,556 | +€9,173 | +16.6% |
| Financial income | 75/76B | €4,135 | €6,294 | +€2,159 | +52.2% |
| Recurring financial income | 75 | €4,135 | €6,294 | +€2,159 | +52.2% |
| Financial charges | 65/66B | €4,659 | €5,324 | +€664 | +14.3% |
| Recurring financial charges | 65 | €4,659 | €5,324 | +€664 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €54,859 | €65,527 | +€10,668 | +19.4% |
| Income taxes | 67/77 | €12,678 | €15,248 | +€2,569 | +20.3% |
| Profit (loss) for the period | 9904 | €42,180 | €50,279 | +€8,099 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,180 | €50,279 | +€8,099 | +19.2% |
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 14 October 2026 via checked.be.