GD Consil: 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.
GD Consil
Largest movements
- Receivables within one year -€16,982
down €16,982 (-11.9%), from €142,181 to €125,199
of which Other amounts receivable: -€19,096
- Tangible fixed assets -€13,853
down €13,853 (-14.6%), from €94,889 to €81,035
of which Furniture and vehicles: -€13,853
- Cash -€6,101
down €6,101 (-13.6%), from €44,985 to €38,884
mainly Debts after one year (-€37,668) and Other debts (-€23,121)
- Debts after one year -€37,668
down €37,668 (-23.7%), from €158,696 to €121,028
of which Financial debts: -€37,668
- Profit (loss) carried forward +€29,007
up €29,007 (+69.1%), from €41,948 to €70,956
- Other debts -€23,121
down €23,121 (-100.0%), from €23,121 to €0
- Trade debts -€3,508
down €3,508 (-92.8%), from €3,779 to €272
- Tax, wage and social debts -€3,140
down €3,140 (-16.9%), from €18,561 to €15,420
of which Remuneration and social security: -€2,250
- Depreciation +€3,818
up €3,818 (+18.8%), from €20,354 to €24,172
- Taxes -€2,550
down €2,550 (-22.7%), from €11,221 to €8,671
- Gross operating margin +€896
up €896 (+1.5%), from €60,366 to €61,262
- Financial charges -€874
down €874 (-11.0%), from €7,967 to €7,092
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 | €282,368 | €245,444 | -€36,924 | -13.1% |
| Fixed assets | 21/28 | €94,889 | €81,035 | -€13,853 | -14.6% |
| Tangible fixed assets | 22/27 | €94,889 | €81,035 | -€13,853 | -14.6% |
| Furniture and vehicles | 24 | €94,017 | €80,164 | -€13,853 | -14.7% |
| Other tangible fixed assets | 26 | €871 | €871 | = | 0.0% |
| Current assets | 29/58 | €187,480 | €164,409 | -€23,071 | -12.3% |
| Amounts receivable within one year | 40/41 | €142,181 | €125,199 | -€16,982 | -11.9% |
| Trade receivables | 40 | €15,186 | €17,300 | +€2,114 | +13.9% |
| Other amounts receivable | 41 | €126,995 | €107,899 | -€19,096 | -15.0% |
| Cash at bank and in hand | 54/58 | €44,985 | €38,884 | -€6,101 | -13.6% |
| Deferred charges and accrued income | 490/1 | €314 | €326 | +€12 | +3.7% |
| Total equity and liabilities | 10/49 | €282,368 | €245,444 | -€36,924 | -13.1% |
| Equity | 10/15 | €42,048 | €71,056 | +€29,007 | +69.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,948 | €70,956 | +€29,007 | +69.1% |
| Amounts payable | 17/49 | €240,320 | €174,388 | -€65,932 | -27.4% |
| Amounts payable after more than one year | 17 | €158,696 | €121,028 | -€37,668 | -23.7% |
| Financial debts | 170/4 | €108,696 | €71,028 | -€37,668 | -34.7% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,374 | €53,360 | -€28,014 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €35,913 | €37,668 | +€1,755 | +4.9% |
| Trade debts | 44 | €3,779 | €272 | -€3,508 | -92.8% |
| Suppliers | 440/4 | €3,779 | €272 | -€3,508 | -92.8% |
| Taxes, remuneration and social security | 45 | €18,561 | €15,420 | -€3,140 | -16.9% |
| Taxes | 450/3 | €16,311 | €15,420 | -€890 | -5.5% |
| Remuneration and social security | 454/9 | €2,250 | €0 | -€2,250 | -100.0% |
| Other amounts payable | 47/48 | €23,121 | €0 | -€23,121 | -100.0% |
| Accrued charges and deferred income | 492/3 | €250 | €0 | -€250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,354 | €24,172 | +€3,818 | +18.8% |
| Other operating charges | 640/8 | €763 | €657 | -€107 | -14.0% |
| Gross operating margin | 9900 | €60,366 | €61,262 | +€896 | +1.5% |
| Operating profit (loss) | 9901 | €39,249 | €36,434 | -€2,815 | -7.2% |
| Financial income | 75/76B | €8,841 | €8,336 | -€504 | -5.7% |
| Recurring financial income | 75 | €8,841 | €8,336 | -€504 | -5.7% |
| Financial charges | 65/66B | €7,967 | €7,092 | -€874 | -11.0% |
| Recurring financial charges | 65 | €7,967 | €7,092 | -€874 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €40,123 | €37,678 | -€2,445 | -6.1% |
| Income taxes | 67/77 | €11,221 | €8,671 | -€2,550 | -22.7% |
| Profit (loss) for the period | 9904 | €28,901 | €29,007 | +€106 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,901 | €29,007 | +€106 | +0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.