VPP 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.
VPP Consult
Largest movements
- Cash +€42,468
up €42,468 (+231%), from €18,373 to €60,842
mainly Net result for the year (+€56,671) and Tax, wage and social debts (+€23,833)
- Tangible fixed assets +€40,117
up €40,117 (+2,563%), from €1,565 to €41,683
of which Furniture and vehicles: +€36,170
- Receivables within one year -€1,965
down €1,965 (-16.9%), from €11,659 to €9,693
of which Trade receivables: -€1,665
- Deferred charges and accrued income -€1,256
down €1,256 (-25.0%), from €5,022 to €3,766
- Profit (loss) carried forward +€56,671
up €56,671 (+221%), from €25,700 to €82,371
- Tax, wage and social debts +€23,833
up €23,833 (+360%), from €6,617 to €30,450
- Gross operating margin +€64,765
up €64,765 (+191%), from €33,966 to €98,731
- Depreciation +€17,525
up €17,525 (+24,965%), from €70 to €17,596
- Taxes +€10,045
up €10,045 (+152%), from €6,617 to €16,662
- Other operating charges +€3,949
up €3,949 (+961%), from €411 to €4,360
- Financial charges +€2,274
up €2,274 (+195%), from €1,168 to €3,442
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 | €36,620 | €115,984 | +€79,364 | +217% |
| Fixed assets | 21/28 | €1,565 | €41,683 | +€40,117 | +2,563% |
| Tangible fixed assets | 22/27 | €1,565 | €41,683 | +€40,117 | +2,563% |
| Furniture and vehicles | 24 | €1,565 | €37,735 | +€36,170 | +2,311% |
| Other tangible fixed assets | 26 | - | €3,947 | +€3,947 | |
| Current assets | 29/58 | €35,054 | €74,301 | +€39,247 | +112% |
| Amounts receivable within one year | 40/41 | €11,659 | €9,693 | -€1,965 | -16.9% |
| Trade receivables | 40 | €11,356 | €9,691 | -€1,665 | -14.7% |
| Other amounts receivable | 41 | €303 | €3 | -€300 | -99.2% |
| Cash at bank and in hand | 54/58 | €18,373 | €60,842 | +€42,468 | +231% |
| Deferred charges and accrued income | 490/1 | €5,022 | €3,766 | -€1,256 | -25.0% |
| Total equity and liabilities | 10/49 | €36,620 | €115,984 | +€79,364 | +217% |
| Equity | 10/15 | €28,700 | €85,371 | +€56,671 | +197% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,700 | €82,371 | +€56,671 | +221% |
| Amounts payable | 17/49 | €7,920 | €30,613 | +€22,693 | +287% |
| Amounts payable within one year | 42/48 | €7,920 | €30,613 | +€22,693 | +287% |
| Trade debts | 44 | €1,303 | €163 | -€1,140 | -87.5% |
| Suppliers | 440/4 | €1,303 | €163 | -€1,140 | -87.5% |
| Taxes, remuneration and social security | 45 | €6,617 | €30,450 | +€23,833 | +360% |
| Taxes | 450/3 | €6,617 | €30,450 | +€23,833 | +360% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70 | €17,596 | +€17,525 | +24,965% |
| Other operating charges | 640/8 | €411 | €4,360 | +€3,949 | +961% |
| Gross operating margin | 9900 | €33,966 | €98,731 | +€64,765 | +191% |
| Operating profit (loss) | 9901 | €33,485 | €76,775 | +€43,290 | +129% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,168 | €3,442 | +€2,274 | +195% |
| Recurring financial charges | 65 | €1,168 | €3,442 | +€2,274 | +195% |
| Profit (loss) for the period before taxes | 9903 | €32,317 | €73,333 | +€41,016 | +127% |
| Income taxes | 67/77 | €6,617 | €16,662 | +€10,045 | +152% |
| Profit (loss) for the period | 9904 | €25,700 | €56,671 | +€30,971 | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €25,700 | €56,671 | +€30,971 | +121% |
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 25 October 2026 via checked.be.