G&H CONSULTING: what changed
G&H CONSULTING
Largest movements
- Receivables after one year -€375,050
down €375,050 (-100%), from €375,050 to €0
- Receivables within one year +€284,193
up €284,193 (+137%), from €206,970 to €491,163
of which Trade receivables: +€272,818
- Tangible fixed assets -€50,154
down €50,154 (-78.3%), from €64,077 to €13,923
of which Furniture and vehicles: -€50,116
- Intangible fixed assets -€41,250
down €41,250 (-21.9%), from €188,648 to €147,398
- Cash +€26,765
up €26,765 (+400%), from €6,689 to €33,454
mainly Receivables after one year (+€375,050) and Current portion of long-term debt (+€250,867)
- Debts after one year -€308,631
down €308,631 (-100%), from €308,631 to €0
of which Financial debts: -€303,110
- Current portion of long-term debt +€250,867
up €250,867 (+245%), from €102,294 to €353,162
- Trade debts -€122,116
down €122,116 (-56.6%), from €215,643 to €93,527
- Other debts +€72,495
up €72,495 (+133%), from €54,462 to €126,956
- Short-term financial debts -€45,000
down €45,000 (-100%), from €45,000 to €0
- Financial charges -€170,005
down €170,005 (-87.6%), from €194,140 to €24,135
of which Non-recurring financial charges: -€162,064
- Write-downs +€60,692
up €60,692, from -€21,493 to €39,199
- Financial income +€32,786
up €32,786 (+8,951%), from €366 to €33,152
of which Non-recurring financial income: +€21,003
- Depreciation -€23,327
down €23,327 (-30.7%), from €75,971 to €52,644
- Taxes -€18,805
down €18,805 (-50.1%), from €37,555 to €18,750
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,172 | €694,929 | -€162,243 | -18.9% |
| Fixed assets | 21/28 | €260,829 | €169,425 | -€91,404 | -35.0% |
| Intangible fixed assets | 21 | €188,648 | €147,398 | -€41,250 | -21.9% |
| Tangible fixed assets | 22/27 | €64,077 | €13,923 | -€50,154 | -78.3% |
| Furniture and vehicles | 24 | €62,444 | €12,328 | -€50,116 | -80.3% |
| Other tangible fixed assets | 26 | €1,633 | €1,595 | -€38 | -2.3% |
| Financial fixed assets | 28 | €8,104 | €8,104 | = | 0.0% |
| Current assets | 29/58 | €596,343 | €525,504 | -€70,839 | -11.9% |
| Amounts receivable after more than one year | 29 | €375,050 | €0 | -€375,050 | -100% |
| Other amounts receivable | 291 | €375,050 | €0 | -€375,050 | -100% |
| Amounts receivable within one year | 40/41 | €206,970 | €491,163 | +€284,193 | +137% |
| Trade receivables | 40 | €189,650 | €462,468 | +€272,818 | +144% |
| Other amounts receivable | 41 | €17,321 | €28,695 | +€11,374 | +65.7% |
| Cash at bank and in hand | 54/58 | €6,689 | €33,454 | +€26,765 | +400% |
| Deferred charges and accrued income | 490/1 | €7,633 | €887 | -€6,746 | -88.4% |
| Total equity and liabilities | 10/49 | €857,172 | €694,929 | -€162,243 | -18.9% |
| Equity | 10/15 | €35,790 | €67,040 | +€31,250 | +87.3% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,722 | €58,972 | +€31,250 | +113% |
| Amounts payable | 17/49 | €821,382 | €627,889 | -€193,493 | -23.6% |
| Amounts payable after more than one year | 17 | €308,631 | €0 | -€308,631 | -100% |
| Financial debts | 170/4 | €303,110 | €0 | -€303,110 | -100% |
| Other amounts payable | 178/9 | €5,521 | €0 | -€5,521 | -100% |
| Amounts payable within one year | 42/48 | €512,751 | €627,889 | +€115,138 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €102,294 | €353,162 | +€250,867 | +245% |
| Financial debts | 43 | €45,000 | €0 | -€45,000 | -100% |
| Other loans | 439 | €45,000 | €0 | -€45,000 | -100% |
| Trade debts | 44 | €215,643 | €93,527 | -€122,116 | -56.6% |
| Suppliers | 440/4 | €215,643 | €93,527 | -€122,116 | -56.6% |
| Taxes, remuneration and social security | 45 | €95,353 | €54,244 | -€41,108 | -43.1% |
| Taxes | 450/3 | €32,987 | €12,800 | -€20,187 | -61.2% |
| Remuneration and social security | 454/9 | €62,365 | €41,444 | -€20,921 | -33.5% |
| Other amounts payable | 47/48 | €54,462 | €126,956 | +€72,495 | +133% |
| Non-recurring operating income | 76A | €52 | €0 | -€52 | -100% |
| Remuneration, social security and pensions | 62 | €384,628 | €396,748 | +€12,120 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,971 | €52,644 | -€23,327 | -30.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,493 | €39,199 | +€60,692 | |
| Other operating charges | 640/8 | €14,264 | €10,477 | -€3,787 | -26.6% |
| Gross operating margin | 9900 | €557,714 | €540,049 | -€17,665 | -3.2% |
| Operating profit (loss) | 9901 | €104,345 | €40,982 | -€63,362 | -60.7% |
| Financial income | 75/76B | €366 | €33,152 | +€32,786 | +8,951% |
| Recurring financial income | 75 | €366 | €12,149 | +€11,783 | +3,217% |
| Non-recurring financial income | 76B | - | €21,003 | +€21,003 | |
| Financial charges | 65/66B | €194,140 | €24,135 | -€170,005 | -87.6% |
| Recurring financial charges | 65 | €32,076 | €24,135 | -€7,941 | -24.8% |
| Non-recurring financial charges | 66B | €162,064 | €0 | -€162,064 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€89,429 | €50,000 | +€139,429 | |
| Income taxes | 67/77 | €37,555 | €18,750 | -€18,805 | -50.1% |
| Profit (loss) for the period | 9904 | -€126,983 | €31,250 | +€158,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€126,983 | €31,250 | +€158,233 |
Next steps
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.