GDA 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.
What changed
GDA CONSULTING
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€13,514
2024 · -€14,820+€1,306
Equity
€2.1m
2024 · €2.1m-€13,514
Cash
€37,517
2024 · €35,282+€2,235
Balance sheet total
€2.3m
2024 · €2.3m+€2,199
Largest movements
Assets
- Stocks and contracts -€27,994
down €27,994 (-58.2%), from €48,102 to €20,108
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Other operating charges -€4,620
down €4,620 (-80.2%), from €5,761 to €1,142
- Gross operating margin -€3,197
down €3,197 (-12.0%), from €26,533 to €23,336
- Depreciation +€543
up €543 (+1.6%), from €34,883 to €35,426
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.
Result 2024
-€14,820
Gross operating margin
-€3,197
Staff costs
+€97
Depreciation
-€543
Other operating charges
+€4,620
Financial income
+€0
Financial charges
+€153
Taxes
+€176
Result 2025
-€13,514
raises the resultlowers the result
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.
From operations
+€21,737
Investment
-€44,152
Financing
+€24,649
Cash 2024
€35,282
From operations (derived)
+€21,737
Net result for the year
-€13,514
Depreciation
+€35,426
Stocks and contracts
+€27,994
Receivables within one year
+€174
Deferred charges and accrued income
-€19,407
Trade debts
-€6,346
Tax, wage and social debts
-€2,676
Other debts
+€86
Investment (derived)
-€44,152
Investment in fixed assets (net)
-€44,152
Financing
+€24,649
Debts after one year
+€20,149
Current portion of long-term debt
+€4,500
Cash 2025
€37,517
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,343,217 | €2,345,416 | +€2,199 | +0.1% |
| Fixed assets | 21/28 | €2,241,617 | €2,250,343 | +€8,726 | +0.4% |
| Tangible fixed assets | 22/27 | €2,241,474 | €2,250,200 | +€8,726 | +0.4% |
| Land and buildings | 22 | €2,159,200 | €2,149,713 | -€9,487 | -0.4% |
| Plant, machinery and equipment | 23 | €29,159 | €19,574 | -€9,585 | -32.9% |
| Furniture and vehicles | 24 | €45,864 | €48,263 | +€2,399 | +5.2% |
| Assets under construction and advance payments | 27 | €7,250 | €32,649 | +€25,399 | +350% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €101,600 | €95,073 | -€6,527 | -6.4% |
| Stocks and contracts in progress | 3 | €48,102 | €20,108 | -€27,994 | -58.2% |
| Stocks | 30/36 | €48,102 | €20,108 | -€27,994 | -58.2% |
| Amounts receivable within one year | 40/41 | €16,363 | €16,189 | -€174 | -1.1% |
| Trade receivables | 40 | €10,011 | - | -€10,011 | |
| Other amounts receivable | 41 | €6,352 | €16,189 | +€9,837 | +155% |
| Cash at bank and in hand | 54/58 | €35,282 | €37,517 | +€2,235 | +6.3% |
| Deferred charges and accrued income | 490/1 | €1,852 | €21,259 | +€19,407 | +1,048% |
| Total equity and liabilities | 10/49 | €2,343,217 | €2,345,416 | +€2,199 | +0.1% |
| Equity | 10/15 | €2,115,769 | €2,102,255 | -€13,514 | -0.6% |
| Contributions | 10/11 | €2,165,502 | €2,165,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,733 | -€63,247 | -€13,514 | -27.2% |
| Amounts payable | 17/49 | €227,448 | €243,161 | +€15,714 | +6.9% |
| Amounts payable after more than one year | 17 | €160,100 | €180,249 | +€20,149 | +12.6% |
| Financial debts | 170/4 | - | €20,149 | +€20,149 | |
| Other amounts payable | 178/9 | €160,100 | €160,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,348 | €62,912 | -€4,436 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,500 | +€4,500 | |
| Trade debts | 44 | €10,839 | €4,493 | -€6,346 | -58.5% |
| Suppliers | 440/4 | €10,839 | €4,493 | -€6,346 | -58.5% |
| Taxes, remuneration and social security | 45 | €2,676 | - | -€2,676 | |
| Taxes | 450/3 | €176 | - | -€176 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €53,833 | €53,919 | +€86 | +0.2% |
| Remuneration, social security and pensions | 62 | €97 | - | -€97 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,883 | €35,426 | +€543 | +1.6% |
| Other operating charges | 640/8 | €5,761 | €1,142 | -€4,620 | -80.2% |
| Gross operating margin | 9900 | €26,533 | €23,336 | -€3,197 | -12.0% |
| Operating profit (loss) | 9901 | -€14,208 | -€13,231 | +€977 | +6.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €436 | €283 | -€153 | -35.0% |
| Recurring financial charges | 65 | €436 | €283 | -€153 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,644 | -€13,514 | +€1,130 | +7.7% |
| Income taxes | 67/77 | €176 | - | -€176 | |
| Profit (loss) for the period | 9904 | -€14,820 | -€13,514 | +€1,306 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,820 | -€13,514 | +€1,306 | +8.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.