GDC CONSULT: 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.
GDC CONSULT
Largest movements
- Receivables within one year +€7,840
up €7,840 (+43.1%), from €18,181 to €26,021
- Tangible fixed assets -€506
down €506 (-34.2%), from €1,481 to €975
of which Land and buildings: -€325
- Tax, wage and social debts +€5,936
up €5,936 (+263.9%), from €2,249 to €8,185
- Other debts +€5,507
up €5,507 (+54.2%), from €10,152 to €15,659
- Trade debts -€2,671
no longer reported in 2025 (was €2,671)
- Profit (loss) carried forward -€1,141
down €1,141 (-7.1%), from -€16,018 to -€17,159
- Gross operating margin +€2,015
up €2,015 (+91.1%), from -€2,212 to -€197
- Financial income -€153
down €153 (-59.9%), from €255 to €102
of which Financial income: -€123
- Taxes -€37
down €37 (-54.6%), from €68 to €31
- Financial charges -€22
down €22 (-16.9%), from €132 to €110
of which Financial charges: -€38
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 | €42,575 | €50,312 | +€7,737 | +18.2% |
| Fixed assets | 21/28 | €1,561 | €1,055 | -€506 | -32.4% |
| Tangible fixed assets | 22/27 | €1,481 | €975 | -€506 | -34.2% |
| Land and buildings | 22 | €1,300 | €975 | -€325 | -25.0% |
| Furniture and vehicles | 24 | €181 | - | -€181 | |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €41,014 | €49,257 | +€8,243 | +20.1% |
| Amounts receivable within one year | 40/41 | €18,181 | €26,021 | +€7,840 | +43.1% |
| Other amounts receivable | 41 | €18,181 | €26,021 | +€7,840 | +43.1% |
| Cash at bank and in hand | 54/58 | €22,832 | €23,236 | +€404 | +1.8% |
| Total equity and liabilities | 10/49 | €42,575 | €50,312 | +€7,737 | +18.2% |
| Equity | 10/15 | €27,483 | €26,342 | -€1,141 | -4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,301 | €37,301 | = | 0.0% |
| Distributable reserves | 133 | €37,301 | €37,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,018 | -€17,159 | -€1,141 | -7.1% |
| Amounts payable | 17/49 | €15,092 | €23,970 | +€8,879 | +58.8% |
| Amounts payable after more than one year | 17 | - | €127 | +€127 | |
| Trade debts | 175 | - | €127 | +€127 | |
| Amounts payable within one year | 42/48 | €15,092 | €23,843 | +€8,752 | +58.0% |
| Financial debts | 43 | €20 | - | -€20 | |
| Credit institutions | 430/8 | €20 | - | -€20 | |
| Trade debts | 44 | €2,671 | - | -€2,671 | |
| Suppliers | 440/4 | €2,671 | - | -€2,671 | |
| Taxes, remuneration and social security | 45 | €2,249 | €8,185 | +€5,936 | +263.9% |
| Taxes | 450/3 | €2,249 | €8,185 | +€5,936 | +263.9% |
| Other amounts payable | 47/48 | €10,152 | €15,659 | +€5,507 | +54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €523 | €506 | -€16 | -3.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,212 | -€197 | +€2,015 | +91.1% |
| Operating profit (loss) | 9901 | -€3,122 | -€1,103 | +€2,019 | +64.7% |
| Financial income | 75/76B | €255 | €102 | -€153 | -59.9% |
| Recurring financial income | 75 | €225 | €102 | -€123 | -54.6% |
| Non-recurring financial income | 76B | €30 | - | -€30 | |
| Financial charges | 65/66B | €132 | €110 | -€22 | -16.9% |
| Recurring financial charges | 65 | €132 | €94 | -€38 | -29.0% |
| Non-recurring financial charges | 66B | - | €16 | +€16 | |
| Profit (loss) for the period before taxes | 9903 | -€2,998 | -€1,111 | +€1,888 | +63.0% |
| Income taxes | 67/77 | €68 | €31 | -€37 | -54.6% |
| Profit (loss) for the period | 9904 | -€3,066 | -€1,141 | +€1,925 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,066 | -€1,141 | +€1,925 | +62.8% |
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 4 October 2026 via checked.be.