G8 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.
G8 Consult
Largest movements
- Tangible fixed assets +€318,206
up €318,206 (+556%), from €57,196 to €375,402
of which Land and buildings: +€320,008
- Cash -€38,165
down €38,165 (-46.9%), from €81,450 to €43,285
mainly Investment in fixed assets (net) (-€358,949) and Contributions, distributions and other (-€98,374)
- Receivables within one year -€35,758
down €35,758 (-30.0%), from €119,055 to €83,297
of which Other amounts receivable: -€53,908
- Debts after one year +€340,820
new in 2025: €340,820
- Reserves -€89,188
down €89,188 (-29.0%), from €307,457 to €218,269
- Trade debts -€20,664
down €20,664 (-64.1%), from €32,236 to €11,572
- Tax, wage and social debts -€16,736
down €16,736 (-56.7%), from €29,493 to €12,756
- Short-term financial debts +€13,194
up €13,194, from €0 to €13,194
- Gross operating margin -€77,426
down €77,426 (-56.4%), from €137,292 to €59,866
- Taxes -€31,474
down €31,474 (-84.1%), from €37,405 to €5,930
- Depreciation +€26,101
up €26,101 (+178%), from €14,641 to €40,742
- Financial charges +€10,123
up €10,123 (+2,328%), from €435 to €10,558
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 | €379,186 | €619,484 | +€240,299 | +63.4% |
| Fixed assets | 21/28 | €57,196 | €375,402 | +€318,206 | +556% |
| Tangible fixed assets | 22/27 | €57,196 | €375,402 | +€318,206 | +556% |
| Land and buildings | 22 | - | €320,008 | +€320,008 | |
| Furniture and vehicles | 24 | €28,892 | €33,934 | +€5,042 | +17.5% |
| Other tangible fixed assets | 26 | €28,304 | €21,461 | -€6,843 | -24.2% |
| Current assets | 29/58 | €321,989 | €244,082 | -€77,907 | -24.2% |
| Amounts receivable after more than one year | 29 | €117,500 | €117,500 | = | 0.0% |
| Other amounts receivable | 291 | €117,500 | €117,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €119,055 | €83,297 | -€35,758 | -30.0% |
| Trade receivables | 40 | €0 | €18,150 | +€18,150 | |
| Other amounts receivable | 41 | €119,055 | €65,147 | -€53,908 | -45.3% |
| Cash at bank and in hand | 54/58 | €81,450 | €43,285 | -€38,165 | -46.9% |
| Deferred charges and accrued income | 490/1 | €3,985 | €0 | -€3,985 | -100% |
| Total equity and liabilities | 10/49 | €379,186 | €619,484 | +€240,299 | +63.4% |
| Equity | 10/15 | €317,457 | €228,269 | -€89,188 | -28.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €307,457 | €218,269 | -€89,188 | -29.0% |
| Distributable reserves | 133 | €307,457 | €218,269 | -€89,188 | -29.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €61,728 | €391,215 | +€329,487 | +534% |
| Amounts payable after more than one year | 17 | - | €340,820 | +€340,820 | |
| Financial debts | 170/4 | - | €340,820 | +€340,820 | |
| Amounts payable within one year | 42/48 | €61,728 | €50,396 | -€11,333 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | - | €12,874 | +€12,874 | |
| Financial debts | 43 | €0 | €13,194 | +€13,194 | |
| Other loans | 439 | €0 | €13,194 | +€13,194 | |
| Trade debts | 44 | €32,236 | €11,572 | -€20,664 | -64.1% |
| Suppliers | 440/4 | €32,236 | €11,572 | -€20,664 | -64.1% |
| Taxes, remuneration and social security | 45 | €29,493 | €12,756 | -€16,736 | -56.7% |
| Taxes | 450/3 | €29,493 | €12,756 | -€16,736 | -56.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,641 | €40,742 | +€26,101 | +178% |
| Other operating charges | 640/8 | €505 | €1,420 | +€915 | +181% |
| Gross operating margin | 9900 | €137,292 | €59,866 | -€77,426 | -56.4% |
| Operating profit (loss) | 9901 | €122,145 | €17,704 | -€104,442 | -85.5% |
| Financial income | 75/76B | €7,541 | €7,970 | +€429 | +5.7% |
| Recurring financial income | 75 | €7,541 | €7,970 | +€429 | +5.7% |
| Financial charges | 65/66B | €435 | €10,558 | +€10,123 | +2,328% |
| Recurring financial charges | 65 | €435 | €10,558 | +€10,123 | +2,328% |
| Profit (loss) for the period before taxes | 9903 | €129,252 | €15,116 | -€114,136 | -88.3% |
| Income taxes | 67/77 | €37,405 | €5,930 | -€31,474 | -84.1% |
| Profit (loss) for the period | 9904 | €91,847 | €9,186 | -€82,661 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,847 | €9,186 | -€82,661 | -90.0% |
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 27 October 2026 via checked.be.