EL GHAZI 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.
EL GHAZI CONSULTING
Largest movements
- Cash -€11,898
down €11,898 (-29.8%), from €39,875 to €27,977
mainly Tax, wage and social debts (-€8,704) and Receivables within one year (-€3,008)
- Receivables within one year +€3,008
up €3,008 (+14.3%), from €20,971 to €23,979
of which Other amounts receivable: +€4,463
- Tangible fixed assets -€797
down €797 (-15.5%), from €5,153 to €4,356
of which Plant, machinery and equipment: -€1,083
- Tax, wage and social debts -€8,704
down €8,704 (-83.2%), from €10,468 to €1,764
- Profit (loss) carried forward -€780
down €780 (-1.5%), from €51,316 to €50,536
- Gross operating margin -€40,572
down €40,572 (-85.1%), from €47,681 to €7,109
- Taxes -€8,737
down €8,737 (-97.0%), from €9,010 to €273
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 | €66,199 | €56,312 | -€9,886 | -14.9% |
| Fixed assets | 21/28 | €5,153 | €4,356 | -€797 | -15.5% |
| Tangible fixed assets | 22/27 | €5,153 | €4,356 | -€797 | -15.5% |
| Plant, machinery and equipment | 23 | €1,083 | €0 | -€1,083 | -100% |
| Furniture and vehicles | 24 | €4,069 | €4,356 | +€286 | +7.0% |
| Current assets | 29/58 | €61,046 | €51,956 | -€9,090 | -14.9% |
| Amounts receivable within one year | 40/41 | €20,971 | €23,979 | +€3,008 | +14.3% |
| Trade receivables | 40 | €20,168 | €18,713 | -€1,455 | -7.2% |
| Other amounts receivable | 41 | €803 | €5,266 | +€4,463 | +556% |
| Cash at bank and in hand | 54/58 | €39,875 | €27,977 | -€11,898 | -29.8% |
| Deferred charges and accrued income | 490/1 | €200 | €0 | -€200 | -100% |
| Total equity and liabilities | 10/49 | €66,199 | €56,312 | -€9,886 | -14.9% |
| Equity | 10/15 | €53,316 | €52,536 | -€780 | -1.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,316 | €50,536 | -€780 | -1.5% |
| Amounts payable | 17/49 | €12,883 | €3,776 | -€9,107 | -70.7% |
| Amounts payable within one year | 42/48 | €12,883 | €3,776 | -€9,107 | -70.7% |
| Trade debts | 44 | €1,582 | €1,153 | -€429 | -27.1% |
| Suppliers | 440/4 | €1,582 | €1,153 | -€429 | -27.1% |
| Taxes, remuneration and social security | 45 | €10,468 | €1,764 | -€8,704 | -83.2% |
| Taxes | 450/3 | €10,468 | €1,764 | -€8,704 | -83.2% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,883 | €1,892 | +€9 | +0.5% |
| Other operating charges | 640/8 | €314 | - | -€314 | |
| Non-recurring operating charges | 66A | - | €1,727 | +€1,727 | |
| Gross operating margin | 9900 | €47,681 | €7,109 | -€40,572 | -85.1% |
| Operating profit (loss) | 9901 | €45,484 | €3,489 | -€41,995 | -92.3% |
| Financial income | 75/76B | €0 | €157 | +€157 | +1,569,300% |
| Recurring financial income | 75 | €0 | €157 | +€157 | +1,569,300% |
| Financial charges | 65/66B | €2,870 | €3,294 | +€424 | +14.8% |
| Recurring financial charges | 65 | €2,870 | €3,294 | +€424 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €42,614 | €352 | -€42,262 | -99.2% |
| Income taxes | 67/77 | €9,010 | €273 | -€8,737 | -97.0% |
| Profit (loss) for the period | 9904 | €33,604 | €79 | -€33,525 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,604 | €79 | -€33,525 | -99.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.