Vyanzo: what changed
Two fiscal 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.
What changed
Vyanzo
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€64,777
2024 · €11,283+€53,494
Equity
€236,718
2024 · €192,885+€43,833
Cash
€24,906
2024 · €31,229-€6,323
Balance sheet total
€3.7m
2024 · €2.5m+€1.2m
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+60.7%), from €1.7m to €2.8m
of which Trade receivables: +€772,107
- Stocks and contracts +€163,235
up €163,235 (+30.0%), from €543,851 to €707,086
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+72.2%), from €1.8m to €3.2m
- Short-term financial debts -€175,000
down €175,000 (-43.8%), from €400,000 to €225,000
- Reserves +€43,833
up €43,833 (+23.5%), from €186,685 to €230,518
Income statement
- Gross operating margin +€75,586
up €75,586 (+166.1%), from €45,513 to €121,099
- Taxes +€25,655
up €25,655 (+402.3%), from €6,376 to €32,031
- Financial income +€4,832
up €4,832 (+19.2%), from €25,148 to €29,980
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.
Result 2024
€11,283
Gross operating margin
+€75,586
Depreciation
-€838
Other operating charges
+€492
Financial income
+€4,832
Financial charges
-€923
Taxes
-€25,655
Result 2025
€64,777
Cash bridge derived
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.
From operations
+€221,255
Investment
-€8,417
Financing
-€219,161
Cash 2024
€31,229
From operations (derived)
+€221,255
Net result for the year
+€64,777
Depreciation
+€28,152
Stocks and contracts
-€163,235
Receivables within one year
-€1.0m
Smaller working-capital items
+€848
Trade debts
+€1.3m
Tax, wage and social debts
+€7,531
Investment (derived)
-€8,417
Investment in fixed assets (net)
-€8,417
Financing
-€219,161
Debts after one year
-€24,417
Current portion of long-term debt
+€1,200
Short-term financial debts
-€175,000
Contributions, distributions and other
-€20,944
Cash 2025
€24,906
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,523,329 | €3,706,650 | +€1.2m | +46.9% |
| Fixed assets | 21/28 | €95,204 | €75,470 | -€19,735 | -20.7% |
| Tangible fixed assets | 22/27 | €95,204 | €75,470 | -€19,735 | -20.7% |
| Plant, machinery and equipment | 23 | €3,295 | €9,078 | +€5,783 | +175.5% |
| Furniture and vehicles | 24 | €91,909 | €66,392 | -€25,517 | -27.8% |
| Current assets | 29/58 | €2,428,125 | €3,631,180 | +€1.2m | +49.5% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €543,851 | €707,086 | +€163,235 | +30.0% |
| Stocks | 30/36 | €543,851 | €707,086 | +€163,235 | +30.0% |
| Amounts receivable within one year | 40/41 | €1,720,928 | €2,766,219 | +€1.0m | +60.7% |
| Trade receivables | 40 | €660,168 | €1,432,275 | +€772,107 | +117.0% |
| Other amounts receivable | 41 | €1,060,761 | €1,333,944 | +€273,183 | +25.8% |
| Cash at bank and in hand | 54/58 | €31,229 | €24,906 | -€6,323 | -20.2% |
| Deferred charges and accrued income | 490/1 | €2,117 | €2,969 | +€853 | +40.3% |
| Total equity and liabilities | 10/49 | €2,523,329 | €3,706,650 | +€1.2m | +46.9% |
| Equity | 10/15 | €192,885 | €236,718 | +€43,833 | +22.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €186,685 | €230,518 | +€43,833 | +23.5% |
| Distributable reserves | 133 | €186,685 | €230,518 | +€43,833 | +23.5% |
| Amounts payable | 17/49 | €2,330,444 | €3,469,931 | +€1.1m | +48.9% |
| Amounts payable after more than one year | 17 | €65,476 | €41,059 | -€24,417 | -37.3% |
| Financial debts | 170/4 | €65,476 | €41,059 | -€24,417 | -37.3% |
| Amounts payable within one year | 42/48 | €2,264,604 | €3,428,601 | +€1.2m | +51.4% |
| Current portion of amounts payable after more than one year | 42 | €25,201 | €26,401 | +€1,200 | +4.8% |
| Financial debts | 43 | €400,000 | €225,000 | -€175,000 | -43.8% |
| Credit institutions | 430/8 | €400,000 | €225,000 | -€175,000 | -43.8% |
| Trade debts | 44 | €1,839,403 | €3,167,876 | +€1.3m | +72.2% |
| Suppliers | 440/4 | €1,839,403 | €3,167,876 | +€1.3m | +72.2% |
| Taxes, remuneration and social security | 45 | - | €7,531 | +€7,531 | |
| Taxes | 450/3 | - | €7,531 | +€7,531 | |
| Other amounts payable | 47/48 | - | €1,794 | +€1,794 | |
| Accrued charges and deferred income | 492/3 | €364 | €271 | -€93 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,314 | €28,152 | +€838 | +3.1% |
| Other operating charges | 640/8 | €2,229 | €1,737 | -€492 | -22.1% |
| Gross operating margin | 9900 | €45,513 | €121,099 | +€75,586 | +166.1% |
| Operating profit (loss) | 9901 | €15,971 | €91,211 | +€75,240 | +471.1% |
| Financial income | 75/76B | €25,148 | €29,980 | +€4,832 | +19.2% |
| Recurring financial income | 75 | €25,148 | €29,980 | +€4,832 | +19.2% |
| Financial charges | 65/66B | €23,459 | €24,383 | +€923 | +3.9% |
| Recurring financial charges | 65 | €23,459 | €24,383 | +€923 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €17,659 | €96,808 | +€79,149 | +448.2% |
| Income taxes | 67/77 | €6,376 | €32,031 | +€25,655 | +402.3% |
| Profit (loss) for the period | 9904 | €11,283 | €64,777 | +€53,494 | +474.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,283 | €64,777 | +€53,494 | +474.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.