G-CONS: 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.
G-CONS
Largest movements
- Tangible fixed assets +€63,010
up €63,010 (+424.5%), from €14,844 to €77,855
of which Leasing and similar rights: +€64,805
- Receivables within one year -€61,859
down €61,859 (-52.4%), from €117,950 to €56,091
of which Other amounts receivable: -€61,172
- Cash -€15,023
down €15,023 (-37.4%), from €40,138 to €25,115
mainly Other debts (-€78,556) and Investment in fixed assets (net) (-€68,968)
- Other debts -€78,556
down €78,556 (-60.3%), from €130,328 to €51,772
- Debts after one year +€51,795
up €51,795, from €0 to €51,795
- Current portion of long-term debt +€12,229
up €12,229 (+1926.9%), from €635 to €12,863
- Short-term financial debts +€4,333
new in 2025: €4,333
- Tax, wage and social debts -€3,927
down €3,927 (-20.2%), from €19,459 to €15,531
of which Taxes: -€3,927
- Gross operating margin +€1,308
up €1,308 (+1.7%), from €77,041 to €78,349
- Other operating charges +€1,146
up €1,146 (+18.9%), from €6,062 to €7,208
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,948 | €163,275 | -€12,673 | -7.2% |
| Fixed assets | 21/28 | €14,844 | €77,855 | +€63,010 | +424.5% |
| Tangible fixed assets | 22/27 | €14,844 | €77,855 | +€63,010 | +424.5% |
| Land and buildings | 22 | €9,459 | €9,374 | -€85 | -0.9% |
| Furniture and vehicles | 24 | €5,385 | €3,675 | -€1,710 | -31.8% |
| Leasing and similar rights | 25 | €0 | €64,805 | +€64,805 | +324025550.0% |
| Current assets | 29/58 | €161,103 | €85,421 | -€75,683 | -47.0% |
| Amounts receivable within one year | 40/41 | €117,950 | €56,091 | -€61,859 | -52.4% |
| Trade receivables | 40 | €23,702 | €23,015 | -€687 | -2.9% |
| Other amounts receivable | 41 | €94,248 | €33,076 | -€61,172 | -64.9% |
| Cash at bank and in hand | 54/58 | €40,138 | €25,115 | -€15,023 | -37.4% |
| Deferred charges and accrued income | 490/1 | €3,015 | €4,214 | +€1,199 | +39.8% |
| Total equity and liabilities | 10/49 | €175,948 | €163,275 | -€12,673 | -7.2% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €155,488 | €142,815 | -€12,673 | -8.2% |
| Amounts payable after more than one year | 17 | €0 | €51,795 | +€51,795 | |
| Financial debts | 170/4 | €0 | €51,795 | +€51,795 | |
| Amounts payable within one year | 42/48 | €154,541 | €89,879 | -€64,662 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €635 | €12,863 | +€12,229 | +1926.9% |
| Financial debts | 43 | - | €4,333 | +€4,333 | |
| Credit institutions | 430/8 | - | €4,333 | +€4,333 | |
| Trade debts | 44 | €4,120 | €5,379 | +€1,259 | +30.6% |
| Suppliers | 440/4 | €4,120 | €5,379 | +€1,259 | +30.6% |
| Taxes, remuneration and social security | 45 | €19,459 | €15,531 | -€3,927 | -20.2% |
| Taxes | 450/3 | €19,459 | €15,531 | -€3,927 | -20.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €130,328 | €51,772 | -€78,556 | -60.3% |
| Accrued charges and deferred income | 492/3 | €947 | €1,141 | +€194 | +20.5% |
| Non-recurring operating income | 76A | - | €6,037 | +€6,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,602 | €5,958 | -€644 | -9.8% |
| Other operating charges | 640/8 | €6,062 | €7,208 | +€1,146 | +18.9% |
| Gross operating margin | 9900 | €77,041 | €78,349 | +€1,308 | +1.7% |
| Operating profit (loss) | 9901 | €64,378 | €65,184 | +€805 | +1.3% |
| Financial income | 75/76B | €3,066 | €2,689 | -€378 | -12.3% |
| Recurring financial income | 75 | €3,066 | €2,689 | -€378 | -12.3% |
| Financial charges | 65/66B | €221 | €810 | +€589 | +266.8% |
| Recurring financial charges | 65 | €221 | €810 | +€589 | +266.8% |
| Profit (loss) for the period before taxes | 9903 | €67,223 | €67,062 | -€161 | -0.2% |
| Income taxes | 67/77 | €15,937 | €15,290 | -€647 | -4.1% |
| Profit (loss) for the period | 9904 | €51,286 | €51,772 | +€486 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,286 | €51,772 | +€486 | +0.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.