VYGI: what changed
What changed
VYGI
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€107,415
2024 · €80,927+€26,488
Equity
€865,036
2024 · €757,621+€107,415
Cash
€240,884
2024 · €281,869-€40,986
Balance sheet total
€1.2m
2024 · €1.2m+€65,761
Largest movements
Assets
- Tangible fixed assets +€111,718
up €111,718 (+13.2%), from €845,135 to €956,853
of which Land and buildings: +€129,255
- Cash -€40,986
down €40,986 (-14.5%), from €281,869 to €240,884
mainly Investment in fixed assets (net) (-€195,075) and Other debts (-€48,689)
Equity and liabilities
- Reserves +€107,415
up €107,415 (+14.3%), from €751,421 to €858,836
of which Distributable reserves: +€107,415
- Other debts -€48,689
down €48,689 (-19.1%), from €255,356 to €206,668
- Debts after one year -€20,160
down €20,160 (-35.2%), from €57,308 to €37,148
- Tax, wage and social debts +€19,431
up €19,431 (+70.0%), from €27,765 to €47,196
- Accrued charges and deferred income +€12,589
up €12,589 (+522%), from €2,410 to €14,999
Income statement
- Gross operating margin +€66,545
up €66,545 (+33.4%), from €198,994 to €265,539
- Depreciation +€21,295
up €21,295 (+34.3%), from €62,063 to €83,358
- Financial charges +€11,848
up €11,848 (+197%), from €6,027 to €17,875
- Taxes +€7,795
up €7,795 (+19.3%), from €40,319 to €48,114
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€80,927
Gross operating margin
+€66,545
Depreciation
-€21,295
Other operating charges
+€664
Financial income
+€218
Financial charges
-€11,848
Taxes
-€7,795
Result 2025
€107,415
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€173,509
Investment
-€195,075
Financing
-€19,419
Cash 2024
€281,869
From operations (derived)
+€173,509
Net result for the year
+€107,415
Depreciation
+€83,358
Receivables within one year
+€4,384
Deferred charges and accrued income
+€588
Trade debts
-€5,377
Tax, wage and social debts
+€19,431
Advances received
-€190
Other debts
-€48,689
Accrued charges and deferred income
+€12,589
Investment (derived)
-€195,075
Investment in fixed assets (net)
-€195,075
Financing
-€19,419
Debts after one year
-€20,160
Current portion of long-term debt
+€741
Cash 2025
€240,884
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,179,854 | €1,245,614 | +€65,761 | +5.6% |
| Fixed assets | 21/28 | €845,135 | €956,853 | +€111,718 | +13.2% |
| Tangible fixed assets | 22/27 | €845,135 | €956,853 | +€111,718 | +13.2% |
| Land and buildings | 22 | €814,908 | €944,162 | +€129,255 | +15.9% |
| Plant, machinery and equipment | 23 | €5,318 | €3,696 | -€1,622 | -30.5% |
| Furniture and vehicles | 24 | €24,909 | €8,994 | -€15,915 | -63.9% |
| Current assets | 29/58 | €334,719 | €288,762 | -€45,957 | -13.7% |
| Amounts receivable within one year | 40/41 | €49,221 | €44,838 | -€4,384 | -8.9% |
| Trade receivables | 40 | €42,316 | €43,331 | +€1,015 | +2.4% |
| Other amounts receivable | 41 | €6,905 | €1,506 | -€5,399 | -78.2% |
| Cash at bank and in hand | 54/58 | €281,869 | €240,884 | -€40,986 | -14.5% |
| Deferred charges and accrued income | 490/1 | €3,628 | €3,040 | -€588 | -16.2% |
| Total equity and liabilities | 10/49 | €1,179,854 | €1,245,614 | +€65,761 | +5.6% |
| Equity | 10/15 | €757,621 | €865,036 | +€107,415 | +14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €751,421 | €858,836 | +€107,415 | +14.3% |
| Tax-exempt reserves | 132 | €18,700 | €18,700 | = | 0.0% |
| Distributable reserves | 133 | €732,721 | €840,136 | +€107,415 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €51,546 | €51,546 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €51,546 | €51,546 | = | 0.0% |
| Pensions and similar obligations | 160 | €51,546 | €51,546 | = | 0.0% |
| Amounts payable | 17/49 | €370,687 | €329,033 | -€41,654 | -11.2% |
| Amounts payable after more than one year | 17 | €57,308 | €37,148 | -€20,160 | -35.2% |
| Financial debts | 170/4 | €57,308 | €37,148 | -€20,160 | -35.2% |
| Amounts payable within one year | 42/48 | €310,969 | €276,886 | -€34,084 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €19,419 | €20,160 | +€741 | +3.8% |
| Trade debts | 44 | €8,239 | €2,862 | -€5,377 | -65.3% |
| Suppliers | 440/4 | €8,239 | €2,862 | -€5,377 | -65.3% |
| Advances received on contracts in progress | 46 | €190 | €0 | -€190 | -100% |
| Taxes, remuneration and social security | 45 | €27,765 | €47,196 | +€19,431 | +70.0% |
| Taxes | 450/3 | €27,765 | €47,196 | +€19,431 | +70.0% |
| Other amounts payable | 47/48 | €255,356 | €206,668 | -€48,689 | -19.1% |
| Accrued charges and deferred income | 492/3 | €2,410 | €14,999 | +€12,589 | +522% |
| Non-recurring operating income | 76A | - | €11,732 | +€11,732 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,063 | €83,358 | +€21,295 | +34.3% |
| Other operating charges | 640/8 | €11,974 | €11,311 | -€664 | -5.5% |
| Gross operating margin | 9900 | €198,994 | €265,539 | +€66,545 | +33.4% |
| Operating profit (loss) | 9901 | €124,957 | €170,871 | +€45,913 | +36.7% |
| Financial income | 75/76B | €2,316 | €2,533 | +€218 | +9.4% |
| Recurring financial income | 75 | €2,316 | €2,533 | +€218 | +9.4% |
| Financial charges | 65/66B | €6,027 | €17,875 | +€11,848 | +197% |
| Recurring financial charges | 65 | €6,027 | €17,875 | +€11,848 | +197% |
| Profit (loss) for the period before taxes | 9903 | €121,246 | €155,528 | +€34,283 | +28.3% |
| Income taxes | 67/77 | €40,319 | €48,114 | +€7,795 | +19.3% |
| Profit (loss) for the period | 9904 | €80,927 | €107,415 | +€26,488 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,927 | €107,415 | +€26,488 | +32.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.