GD Consultance: 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.
GD Consultance
Largest movements
- Receivables within one year +€15,342
up €15,342 (+124%), from €12,331 to €27,673
of which Trade receivables: +€15,347
- Cash +€13,572
up €13,572 (+148%), from €9,188 to €22,760
mainly Accrued charges and deferred income (+€28,501) and Depreciation (+€17,630)
- Tangible fixed assets -€10,807
down €10,807 (-5.3%), from €203,101 to €192,294
of which Furniture and vehicles: -€10,875
- Accrued charges and deferred income +€28,501
up €28,501 (+1,552%), from €1,837 to €30,338
- Other debts -€21,707
down €21,707 (-42.1%), from €51,547 to €29,839
- Debts after one year -€13,623
down €13,623 (-11.8%), from €114,981 to €101,358
- Profit (loss) carried forward +€13,121
up €13,121 (+68.5%), from €19,168 to €32,289
- Tax, wage and social debts +€7,748
up €7,748 (+46.7%), from €16,593 to €24,341
of which Taxes: +€6,406
- Gross operating margin +€33,631
up €33,631 (+77.1%), from €43,607 to €77,238
- Other operating charges +€30,991
up €30,991 (+7,606%), from €407 to €31,399
- Depreciation +€10,190
up €10,190 (+137%), from €7,441 to €17,630
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 | €224,621 | €242,728 | +€18,107 | +8.1% |
| Fixed assets | 21/28 | €203,101 | €192,294 | -€10,807 | -5.3% |
| Tangible fixed assets | 22/27 | €203,101 | €192,294 | -€10,807 | -5.3% |
| Land and buildings | 22 | €155,140 | €155,823 | +€683 | +0.4% |
| Furniture and vehicles | 24 | €47,077 | €36,201 | -€10,875 | -23.1% |
| Other tangible fixed assets | 26 | €884 | €269 | -€615 | -69.5% |
| Current assets | 29/58 | €21,520 | €50,434 | +€28,914 | +134% |
| Amounts receivable within one year | 40/41 | €12,331 | €27,673 | +€15,342 | +124% |
| Trade receivables | 40 | €12,175 | €27,521 | +€15,347 | +126% |
| Other amounts receivable | 41 | €157 | €152 | -€5 | -3.0% |
| Cash at bank and in hand | 54/58 | €9,188 | €22,760 | +€13,572 | +148% |
| Total equity and liabilities | 10/49 | €224,621 | €242,728 | +€18,107 | +8.1% |
| Equity | 10/15 | €19,268 | €32,389 | +€13,121 | +68.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,168 | €32,289 | +€13,121 | +68.5% |
| Amounts payable | 17/49 | €205,353 | €210,338 | +€4,986 | +2.4% |
| Amounts payable after more than one year | 17 | €114,981 | €101,358 | -€13,623 | -11.8% |
| Financial debts | 170/4 | €114,981 | €101,358 | -€13,623 | -11.8% |
| Amounts payable within one year | 42/48 | €88,535 | €78,642 | -€9,893 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €17,741 | €19,405 | +€1,663 | +9.4% |
| Trade debts | 44 | €2,654 | €5,057 | +€2,403 | +90.6% |
| Suppliers | 440/4 | €2,654 | €5,057 | +€2,403 | +90.6% |
| Taxes, remuneration and social security | 45 | €16,593 | €24,341 | +€7,748 | +46.7% |
| Taxes | 450/3 | €15,864 | €22,271 | +€6,406 | +40.4% |
| Remuneration and social security | 454/9 | €728 | €2,070 | +€1,342 | +184% |
| Other amounts payable | 47/48 | €51,547 | €29,839 | -€21,707 | -42.1% |
| Accrued charges and deferred income | 492/3 | €1,837 | €30,338 | +€28,501 | +1,552% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,441 | €17,630 | +€10,190 | +137% |
| Other operating charges | 640/8 | €407 | €31,399 | +€30,991 | +7,606% |
| Gross operating margin | 9900 | €43,607 | €77,238 | +€33,631 | +77.1% |
| Operating profit (loss) | 9901 | €35,758 | €28,208 | -€7,550 | -21.1% |
| Financial charges | 65/66B | €9,157 | €9,300 | +€143 | +1.6% |
| Recurring financial charges | 65 | €9,157 | €9,300 | +€143 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €26,601 | €18,908 | -€7,693 | -28.9% |
| Income taxes | 67/77 | €6,380 | €5,787 | -€594 | -9.3% |
| Profit (loss) for the period | 9904 | €20,221 | €13,121 | -€7,099 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,221 | €13,121 | -€7,099 | -35.1% |
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 15 October 2026 via checked.be.