GD&D 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&D CONSULTING
Largest movements
- Cash +€80,096
up €80,096 (+68.5%), from €116,898 to €196,994
mainly Other debts (+€110,014) and Net result for the year (+€77,227)
- Tangible fixed assets -€13,162
down €13,162 (-61.3%), from €21,457 to €8,294
of which Leasing and similar rights: -€12,841
- Receivables within one year -€7,019
down €7,019 (-30.9%), from €22,734 to €15,715
of which Other amounts receivable: -€4,292
- Deferred charges and accrued income -€5,263
down €5,263 (-70.5%), from €7,461 to €2,198
- Other debts +€110,014
up €110,014 (+220,029%), from €50 to €110,064
- Profit (loss) carried forward -€52,185
down €52,185 (-77.6%), from €67,227 to €15,042
- Tax, wage and social debts +€13,141
up €13,141 (+107%), from €12,334 to €25,476
of which Taxes: +€13,141
- Current portion of long-term debt -€7,087
down €7,087 (-53.1%), from €13,343 to €6,257
- Debts after one year -€6,257
no longer reported in 2025 (was €6,257)
- Gross operating margin +€49,253
up €49,253 (+72.2%), from €68,219 to €117,473
- Taxes +€11,027
up €11,027 (+88.3%), from €12,490 to €23,517
- Financial income +€1,384
up €1,384 (+923%), from €150 to €1,534
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 | €168,550 | €223,201 | +€54,651 | +32.4% |
| Fixed assets | 21/28 | €21,457 | €8,294 | -€13,162 | -61.3% |
| Tangible fixed assets | 22/27 | €21,457 | €8,294 | -€13,162 | -61.3% |
| Furniture and vehicles | 24 | €2,231 | €1,910 | -€321 | -14.4% |
| Leasing and similar rights | 25 | €19,226 | €6,385 | -€12,841 | -66.8% |
| Current assets | 29/58 | €147,093 | €214,907 | +€67,814 | +46.1% |
| Amounts receivable within one year | 40/41 | €22,734 | €15,715 | -€7,019 | -30.9% |
| Trade receivables | 40 | €18,179 | €15,452 | -€2,727 | -15.0% |
| Other amounts receivable | 41 | €4,555 | €263 | -€4,292 | -94.2% |
| Cash at bank and in hand | 54/58 | €116,898 | €196,994 | +€80,096 | +68.5% |
| Deferred charges and accrued income | 490/1 | €7,461 | €2,198 | -€5,263 | -70.5% |
| Total equity and liabilities | 10/49 | €168,550 | €223,201 | +€54,651 | +32.4% |
| Equity | 10/15 | €132,227 | €80,042 | -€52,185 | -39.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,227 | €15,042 | -€52,185 | -77.6% |
| Amounts payable | 17/49 | €36,323 | €143,159 | +€106,836 | +294% |
| Amounts payable after more than one year | 17 | €6,257 | - | -€6,257 | |
| Financial debts | 170/4 | €6,257 | - | -€6,257 | |
| Amounts payable within one year | 42/48 | €30,066 | €143,159 | +€113,093 | +376% |
| Current portion of amounts payable after more than one year | 42 | €13,343 | €6,257 | -€7,087 | -53.1% |
| Trade debts | 44 | €4,339 | €1,362 | -€2,977 | -68.6% |
| Suppliers | 440/4 | €4,339 | €1,362 | -€2,977 | -68.6% |
| Taxes, remuneration and social security | 45 | €12,334 | €25,476 | +€13,141 | +107% |
| Taxes | 450/3 | €10,934 | €24,076 | +€13,141 | +120% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €50 | €110,064 | +€110,014 | +220,029% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,588 | €14,701 | +€113 | +0.8% |
| Other operating charges | 640/8 | €2,335 | €2,808 | +€474 | +20.3% |
| Gross operating margin | 9900 | €68,219 | €117,473 | +€49,253 | +72.2% |
| Operating profit (loss) | 9901 | €51,297 | €99,963 | +€48,667 | +94.9% |
| Financial income | 75/76B | €150 | €1,534 | +€1,384 | +923% |
| Recurring financial income | 75 | €150 | €1,534 | +€1,384 | +923% |
| Financial charges | 65/66B | €1,418 | €753 | -€665 | -46.9% |
| Recurring financial charges | 65 | €1,418 | €753 | -€665 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €50,029 | €100,744 | +€50,715 | +101% |
| Income taxes | 67/77 | €12,490 | €23,517 | +€11,027 | +88.3% |
| Profit (loss) for the period | 9904 | €37,539 | €77,227 | +€39,688 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €37,539 | €77,227 | +€39,688 | +106% |
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 25 October 2026 via checked.be.