G.TH 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.
G.TH Consulting
Largest movements
- Tangible fixed assets +€15,671
up €15,671 (+385%), from €4,073 to €19,744
of which Other tangible fixed assets: +€10,104
- Receivables within one year -€7,273
down €7,273 (-23.0%), from €31,665 to €24,392
of which Trade receivables: -€19,809
- Cash -€4,586
down €4,586 (-6.9%), from €65,988 to €61,403
mainly Investment in fixed assets (net) (-€18,111) and Other debts (-€1,787)
- Trade debts +€3,545
up €3,545 (+1,218%), from €291 to €3,836
- Profit (loss) carried forward +€2,915
up €2,915 (+3.5%), from €83,976 to €86,891
- Other debts -€1,787
down €1,787 (-100%), from €1,787 to €0
- Gross operating margin -€56,556
down €56,556 (-63.0%), from €89,744 to €33,188
- Taxes +€25,442
new in 2025: €25,442
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 | €105,054 | €109,253 | +€4,199 | +4.0% |
| Fixed assets | 21/28 | €4,073 | €19,744 | +€15,671 | +385% |
| Tangible fixed assets | 22/27 | €4,073 | €19,744 | +€15,671 | +385% |
| Plant, machinery and equipment | 23 | €1,594 | €7,373 | +€5,779 | +363% |
| Furniture and vehicles | 24 | €2,479 | €2,266 | -€212 | -8.6% |
| Other tangible fixed assets | 26 | - | €10,104 | +€10,104 | |
| Current assets | 29/58 | €100,981 | €89,510 | -€11,472 | -11.4% |
| Amounts receivable within one year | 40/41 | €31,665 | €24,392 | -€7,273 | -23.0% |
| Trade receivables | 40 | €31,607 | €11,798 | -€19,809 | -62.7% |
| Other amounts receivable | 41 | €58 | €12,594 | +€12,536 | +21,562% |
| Cash at bank and in hand | 54/58 | €65,988 | €61,403 | -€4,586 | -6.9% |
| Deferred charges and accrued income | 490/1 | €3,328 | €3,716 | +€388 | +11.6% |
| Total equity and liabilities | 10/49 | €105,054 | €109,253 | +€4,199 | +4.0% |
| Equity | 10/15 | €88,476 | €91,391 | +€2,915 | +3.3% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,976 | €86,891 | +€2,915 | +3.5% |
| Amounts payable | 17/49 | €16,578 | €17,862 | +€1,285 | +7.7% |
| Amounts payable within one year | 42/48 | €16,578 | €17,862 | +€1,285 | +7.7% |
| Trade debts | 44 | €291 | €3,836 | +€3,545 | +1,218% |
| Suppliers | 440/4 | €291 | €3,836 | +€3,545 | +1,218% |
| Taxes, remuneration and social security | 45 | €14,500 | €14,026 | -€474 | -3.3% |
| Taxes | 450/3 | €11,500 | €14,026 | +€2,526 | +22.0% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €1,787 | €0 | -€1,787 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,297 | €2,440 | +€144 | +6.2% |
| Other operating charges | 640/8 | €50 | €355 | +€305 | +610% |
| Gross operating margin | 9900 | €89,744 | €33,188 | -€56,556 | -63.0% |
| Operating profit (loss) | 9901 | €87,398 | €30,393 | -€57,005 | -65.2% |
| Financial income | 75/76B | €5 | €198 | +€193 | +3,867% |
| Recurring financial income | 75 | €5 | €198 | +€193 | +3,867% |
| Financial charges | 65/66B | €2,568 | €2,234 | -€333 | -13.0% |
| Recurring financial charges | 65 | €2,568 | €2,234 | -€333 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €84,835 | €28,357 | -€56,478 | -66.6% |
| Income taxes | 67/77 | - | €25,442 | +€25,442 | |
| Profit (loss) for the period | 9904 | €84,835 | €2,915 | -€81,920 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,835 | €2,915 | -€81,920 | -96.6% |
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 1 November 2026 via checked.be.