GD CONSULTING & POLYMERS: 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 & POLYMERS
Largest movements
- Cash +€6,293
up €6,293 (+170%), from €3,694 to €9,987
mainly Net result for the year (+€9,488) and Tax, wage and social debts (+€2,922)
- Receivables within one year +€3,630
up €3,630 (+287%), from €1,264 to €4,894
of which Trade receivables: +€3,630
- Tangible fixed assets -€1,993
down €1,993 (-31.5%), from €6,329 to €4,335
- Profit (loss) carried forward +€9,488
up €9,488, from -€8,835 to €653
- Other debts -€4,601
down €4,601 (-59.6%), from €7,714 to €3,113
- Tax, wage and social debts +€2,922
up €2,922 (+69.3%), from €4,217 to €7,139
- Trade debts +€208
up €208 (+21.3%), from €975 to €1,183
- Gross operating margin +€7,164
up €7,164 (+65.3%), from €10,966 to €18,130
- Taxes +€2,061
up €2,061 (+68.6%), from €3,005 to €5,066
- Other operating charges +€493
up €493 (+55.0%), from €897 to €1,390
- Depreciation +€349
up €349 (+21.2%), from €1,645 to €1,993
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 | €12,131 | €20,148 | +€8,017 | +66.1% |
| Fixed assets | 21/28 | €6,329 | €4,335 | -€1,993 | -31.5% |
| Tangible fixed assets | 22/27 | €6,329 | €4,335 | -€1,993 | -31.5% |
| Furniture and vehicles | 24 | €6,329 | €4,335 | -€1,993 | -31.5% |
| Current assets | 29/58 | €5,803 | €15,813 | +€10,010 | +173% |
| Amounts receivable within one year | 40/41 | €1,264 | €4,894 | +€3,630 | +287% |
| Trade receivables | 40 | €1,252 | €4,882 | +€3,630 | +290% |
| Other amounts receivable | 41 | €12 | €12 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,694 | €9,987 | +€6,293 | +170% |
| Deferred charges and accrued income | 490/1 | €844 | €932 | +€87 | +10.4% |
| Total equity and liabilities | 10/49 | €12,131 | €20,148 | +€8,017 | +66.1% |
| Equity | 10/15 | -€775 | €8,713 | +€9,488 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,835 | €653 | +€9,488 | |
| Amounts payable | 17/49 | €12,906 | €11,435 | -€1,471 | -11.4% |
| Amounts payable within one year | 42/48 | €12,906 | €11,435 | -€1,471 | -11.4% |
| Trade debts | 44 | €975 | €1,183 | +€208 | +21.3% |
| Suppliers | 440/4 | €975 | €1,183 | +€208 | +21.3% |
| Taxes, remuneration and social security | 45 | €4,217 | €7,139 | +€2,922 | +69.3% |
| Taxes | 450/3 | €4,217 | €7,139 | +€2,922 | +69.3% |
| Other amounts payable | 47/48 | €7,714 | €3,113 | -€4,601 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,645 | €1,993 | +€349 | +21.2% |
| Other operating charges | 640/8 | €897 | €1,390 | +€493 | +55.0% |
| Gross operating margin | 9900 | €10,966 | €18,130 | +€7,164 | +65.3% |
| Operating profit (loss) | 9901 | €8,424 | €14,746 | +€6,322 | +75.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €179 | €192 | +€14 | +7.7% |
| Recurring financial charges | 65 | €179 | €192 | +€14 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €8,245 | €14,554 | +€6,308 | +76.5% |
| Income taxes | 67/77 | €3,005 | €5,066 | +€2,061 | +68.6% |
| Profit (loss) for the period | 9904 | €5,240 | €9,488 | +€4,248 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,240 | €9,488 | +€4,248 | +81.1% |
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 22 October 2026 via checked.be.