VZ CONSULTANCY & TRAINING: 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.
VZ CONSULTANCY & TRAINING
Largest movements
- Receivables within one year +€13,859
new in 2024: €13,859
of which Trade receivables: +€8,330
- Cash +€11,554
up €11,554 (+732%), from €1,577 to €13,132
mainly Provisions (+€36,780) and Stocks and contracts (+€11,200)
- Stocks and contracts -€11,200
down €11,200 (-100%), from €11,200 to €0
- Intangible fixed assets +€10,454
up €10,454, from €0 to €10,454
- Tangible fixed assets -€9,151
down €9,151 (-28.5%), from €32,129 to €22,978
of which Land and buildings: -€15,333
- Provisions +€36,780
new in 2024: €36,780
- Profit (loss) carried forward -€30,388
down €30,388 (-3,924%), from -€774 to -€31,162
- Debts after one year +€9,788
up €9,788 (+29.7%), from €32,956 to €42,745
of which Other amounts payable: +€16,920
- Tax, wage and social debts -€623
no longer reported in 2024 (was €623)
- Gross operating margin +€93,339
up €93,339 (+582%), from €16,037 to €109,375
- Taxes +€37,554
new in 2024: €37,554
- Other operating charges +€29,659
up €29,659 (+104%), from €28,628 to €58,288
- Staff costs +€20,700
new in 2024: €20,700
- Financial charges +€17,231
up €17,231 (+5,402%), from €319 to €17,550
of which Non-recurring financial charges: +€17,458
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,953 | €60,422 | +€15,469 | +34.4% |
| Fixed assets | 21/28 | €32,129 | €33,432 | +€1,303 | +4.1% |
| Intangible fixed assets | 21 | €0 | €10,454 | +€10,454 | |
| Tangible fixed assets | 22/27 | €32,129 | €22,978 | -€9,151 | -28.5% |
| Land and buildings | 22 | €25,090 | €9,757 | -€15,333 | -61.1% |
| Plant, machinery and equipment | 23 | €5,375 | €3,583 | -€1,792 | -33.3% |
| Furniture and vehicles | 24 | €0 | €9,026 | +€9,026 | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €1,665 | €611 | -€1,053 | -63.3% |
| Current assets | 29/58 | €12,824 | €26,990 | +€14,166 | +110% |
| Stocks and contracts in progress | 3 | €11,200 | €0 | -€11,200 | -100% |
| Stocks | 30/36 | €11,200 | €0 | -€11,200 | -100% |
| Amounts receivable within one year | 40/41 | - | €13,859 | +€13,859 | |
| Trade receivables | 40 | - | €8,330 | +€8,330 | |
| Other amounts receivable | 41 | - | €5,529 | +€5,529 | |
| Cash at bank and in hand | 54/58 | €1,577 | €13,132 | +€11,554 | +732% |
| Deferred charges and accrued income | 490/1 | €47 | - | -€47 | |
| Total equity and liabilities | 10/49 | €44,953 | €60,422 | +€15,469 | +34.4% |
| Equity | 10/15 | €5,426 | -€24,962 | -€30,388 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€774 | -€31,162 | -€30,388 | -3,924% |
| Provisions and deferred taxes | 16 | - | €36,780 | +€36,780 | |
| Provisions for liabilities and charges | 160/5 | - | €36,780 | +€36,780 | |
| Other liabilities and charges | 164/5 | - | €36,780 | +€36,780 | |
| Amounts payable | 17/49 | €39,528 | €48,605 | +€9,077 | +23.0% |
| Amounts payable after more than one year | 17 | €32,956 | €42,745 | +€9,788 | +29.7% |
| Financial debts | 170/4 | €23,054 | €15,922 | -€7,132 | -30.9% |
| Other amounts payable | 178/9 | €9,902 | €26,822 | +€16,920 | +171% |
| Amounts payable within one year | 42/48 | €4,766 | €4,195 | -€571 | -12.0% |
| Trade debts | 44 | €3,984 | €4,195 | +€211 | +5.3% |
| Suppliers | 440/4 | €3,984 | €4,195 | +€211 | +5.3% |
| Taxes, remuneration and social security | 45 | €623 | - | -€623 | |
| Taxes | 450/3 | €623 | - | -€623 | |
| Other amounts payable | 47/48 | €159 | - | -€159 | |
| Accrued charges and deferred income | 492/3 | €1,805 | €1,665 | -€140 | -7.8% |
| Remuneration, social security and pensions | 62 | - | €20,700 | +€20,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,939 | €8,201 | -€738 | -8.3% |
| Other operating charges | 640/8 | €28,628 | €58,288 | +€29,659 | +104% |
| Gross operating margin | 9900 | €16,037 | €109,375 | +€93,339 | +582% |
| Operating profit (loss) | 9901 | -€21,531 | €22,187 | +€43,717 | |
| Financial income | 75/76B | €11,441 | €1,755 | -€9,686 | -84.7% |
| Recurring financial income | 75 | €11,441 | €1,755 | -€9,686 | -84.7% |
| Non-recurring financial income | 76B | €11,441 | €1,755 | -€9,686 | -84.7% |
| Financial charges | 65/66B | €319 | €17,550 | +€17,231 | +5,402% |
| Recurring financial charges | 65 | €319 | €92 | -€227 | -71.3% |
| Non-recurring financial charges | 66B | - | €17,458 | +€17,458 | |
| Profit (loss) for the period before taxes | 9903 | -€10,409 | €6,392 | +€16,800 | |
| Income taxes | 67/77 | - | €37,554 | +€37,554 | |
| Profit (loss) for the period | 9904 | -€10,409 | -€31,162 | -€20,754 | -199% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,409 | -€31,162 | -€20,754 | -199% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.