GD 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.
GD CONSULTING
Largest movements
- Cash -€10,461
down €10,461 (-30.3%), from €34,580 to €24,118
mainly Contributions, distributions and other (-€74,948) and Tax, wage and social debts (-€13,708)
- Tangible fixed assets +€1,445
up €1,445 (+47.2%), from €3,061 to €4,506
- Profit (loss) carried forward -€23,282
down €23,282 (-100%), from €23,282 to €0
- Other debts +€22,562
up €22,562 (+82.0%), from €27,500 to €50,062
- Tax, wage and social debts -€13,708
down €13,708 (-57.1%), from €24,016 to €10,307
- Trade debts +€5,075
up €5,075, from €0 to €5,075
- Gross operating margin +€2,146
up €2,146 (+3.2%), from €67,600 to €69,745
- Taxes -€1,266
down €1,266 (-8.3%), from €15,235 to €13,969
- Other operating charges +€1,000
up €1,000 (+422%), from €237 to €1,237
- Depreciation +€932
up €932 (+221%), from €421 to €1,353
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 | €81,798 | €72,444 | -€9,354 | -11.4% |
| Fixed assets | 21/28 | €3,108 | €4,553 | +€1,445 | +46.5% |
| Tangible fixed assets | 22/27 | €3,061 | €4,506 | +€1,445 | +47.2% |
| Furniture and vehicles | 24 | €3,061 | €4,506 | +€1,445 | +47.2% |
| Financial fixed assets | 28 | €47 | €47 | = | 0.0% |
| Current assets | 29/58 | €78,690 | €67,891 | -€10,799 | -13.7% |
| Amounts receivable within one year | 40/41 | €42,857 | €42,448 | -€409 | -1.0% |
| Trade receivables | 40 | €42,857 | €42,448 | -€409 | -1.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €34,580 | €24,118 | -€10,461 | -30.3% |
| Deferred charges and accrued income | 490/1 | €1,253 | €1,325 | +€71 | +5.7% |
| Total equity and liabilities | 10/49 | €81,798 | €72,444 | -€9,354 | -11.4% |
| Equity | 10/15 | €30,282 | €7,000 | -€23,282 | -76.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,282 | €0 | -€23,282 | -100% |
| Amounts payable | 17/49 | €51,516 | €65,444 | +€13,929 | +27.0% |
| Amounts payable within one year | 42/48 | €51,516 | €65,444 | +€13,929 | +27.0% |
| Trade debts | 44 | €0 | €5,075 | +€5,075 | |
| Suppliers | 440/4 | €0 | €5,075 | +€5,075 | |
| Taxes, remuneration and social security | 45 | €24,016 | €10,307 | -€13,708 | -57.1% |
| Taxes | 450/3 | €24,016 | €10,307 | -€13,708 | -57.1% |
| Other amounts payable | 47/48 | €27,500 | €50,062 | +€22,562 | +82.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €421 | €1,353 | +€932 | +221% |
| Other operating charges | 640/8 | €237 | €1,237 | +€1,000 | +422% |
| Gross operating margin | 9900 | €67,600 | €69,745 | +€2,146 | +3.2% |
| Operating profit (loss) | 9901 | €66,941 | €67,155 | +€214 | +0.3% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €947 | €1,520 | +€573 | +60.4% |
| Recurring financial charges | 65 | €947 | €1,520 | +€573 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €66,017 | €65,635 | -€382 | -0.6% |
| Income taxes | 67/77 | €15,235 | €13,969 | -€1,266 | -8.3% |
| Profit (loss) for the period | 9904 | €50,782 | €51,666 | +€884 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,782 | €51,666 | +€884 | +1.7% |
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 19 October 2026 via checked.be.