GDB Conseil: what changed
Two fiscal 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.
GDB Conseil
Largest movements
- Cash +€92,361
up €92,361 (+81.1%), from €113,917 to €206,278
mainly Other debts (+€221,798) and Net result for the year (+€94,333)
- Receivables within one year -€54,899
down €54,899 (-27.6%), from €198,634 to €143,735
of which Trade receivables: -€56,462
- Other debts +€221,798
up €221,798 (+3199.2%), from €6,933 to €228,731
- Profit (loss) carried forward -€179,098
down €179,098 (-65.7%), from €272,572 to €93,474
- Trade debts -€8,639
down €8,639 (-61.4%), from €14,079 to €5,440
- Gross operating margin +€5,536
up €5,536 (+4.6%), from €120,135 to €125,670
- Taxes +€3,087
up €3,087 (+12.1%), from €25,540 to €28,627
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.
Cash bridge derived
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 | €343,325 | €380,243 | +€36,919 | +10.8% |
| Fixed assets | 21/28 | €27,665 | €27,685 | +€19 | +0.1% |
| Tangible fixed assets | 22/27 | €1,877 | €1,897 | +€19 | +1.0% |
| Furniture and vehicles | 24 | €1,877 | €1,897 | +€19 | +1.0% |
| Financial fixed assets | 28 | €25,788 | €25,788 | = | 0.0% |
| Current assets | 29/58 | €315,659 | €352,559 | +€36,899 | +11.7% |
| Amounts receivable within one year | 40/41 | €198,634 | €143,735 | -€54,899 | -27.6% |
| Trade receivables | 40 | €197,102 | €140,640 | -€56,462 | -28.6% |
| Other amounts receivable | 41 | €1,533 | €3,095 | +€1,563 | +101.9% |
| Cash at bank and in hand | 54/58 | €113,917 | €206,278 | +€92,361 | +81.1% |
| Deferred charges and accrued income | 490/1 | €3,108 | €2,545 | -€563 | -18.1% |
| Total equity and liabilities | 10/49 | €343,325 | €380,243 | +€36,919 | +10.8% |
| Equity | 10/15 | €274,072 | €94,974 | -€179,098 | -65.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €272,572 | €93,474 | -€179,098 | -65.7% |
| Amounts payable | 17/49 | €69,252 | €285,269 | +€216,017 | +311.9% |
| Amounts payable within one year | 42/48 | €69,252 | €285,269 | +€216,017 | +311.9% |
| Financial debts | 43 | €670 | - | -€670 | |
| Credit institutions | 430/8 | €670 | - | -€670 | |
| Trade debts | 44 | €14,079 | €5,440 | -€8,639 | -61.4% |
| Suppliers | 440/4 | €14,079 | €5,440 | -€8,639 | -61.4% |
| Taxes, remuneration and social security | 45 | €47,571 | €51,098 | +€3,528 | +7.4% |
| Taxes | 450/3 | €41,421 | €51,098 | +€9,678 | +23.4% |
| Remuneration and social security | 454/9 | €6,150 | - | -€6,150 | |
| Other amounts payable | 47/48 | €6,933 | €228,731 | +€221,798 | +3199.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,567 | €1,494 | -€73 | -4.7% |
| Other operating charges | 640/8 | €387 | €503 | +€115 | +29.8% |
| Gross operating margin | 9900 | €120,135 | €125,670 | +€5,536 | +4.6% |
| Operating profit (loss) | 9901 | €118,180 | €123,674 | +€5,494 | +4.6% |
| Financial income | 75/76B | €1,561 | €1,563 | +€1 | +0.1% |
| Recurring financial income | 75 | €1,561 | €1,563 | +€1 | +0.1% |
| Financial charges | 65/66B | €2,618 | €2,276 | -€342 | -13.1% |
| Recurring financial charges | 65 | €2,618 | €2,276 | -€342 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €117,123 | €122,960 | +€5,837 | +5.0% |
| Income taxes | 67/77 | €25,540 | €28,627 | +€3,087 | +12.1% |
| Profit (loss) for the period | 9904 | €91,583 | €94,333 | +€2,750 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,583 | €94,333 | +€2,750 | +3.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.