GDC CONSULTANCY: 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.
GDC CONSULTANCY
Largest movements
- Cash +€34,223
up €34,223 (+267%), from €12,810 to €47,034
- Reserves +€32,772
up €32,772 (+23.0%), from €142,448 to €175,220
of which Distributable reserves: +€52,772
- Gross operating margin +€33,898
up €33,898 (+216%), from €15,676 to €49,574
- Taxes +€10,553
up €10,553 (+213%), from €4,957 to €15,510
- Financial charges -€1,074
down €1,074 (-91.4%), from €1,176 to €101
- Financial income -€799
down €799 (-89.9%), from €889 to €90
- Other operating charges +€752
up €752 (+142%), from €529 to €1,281
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,820 | €477,290 | +€37,471 | +8.5% |
| Fixed assets | 21/28 | €426,729 | €426,729 | = | 0.0% |
| Tangible fixed assets | 22/27 | €426,729 | €426,729 | = | 0.0% |
| Land and buildings | 22 | €426,729 | €426,729 | = | 0.0% |
| Current assets | 29/58 | €13,091 | €50,562 | +€37,471 | +286% |
| Amounts receivable within one year | 40/41 | €280 | €3,528 | +€3,247 | +1,158% |
| Trade receivables | 40 | - | €3,161 | +€3,161 | |
| Other amounts receivable | 41 | €280 | €367 | +€86 | +30.8% |
| Cash at bank and in hand | 54/58 | €12,810 | €47,034 | +€34,223 | +267% |
| Total equity and liabilities | 10/49 | €439,820 | €477,290 | +€37,471 | +8.5% |
| Equity | 10/15 | €342,448 | €375,220 | +€32,772 | +9.6% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €142,448 | €175,220 | +€32,772 | +23.0% |
| Non-distributable reserves | 130/1 | €20,000 | - | -€20,000 | |
| Reserves not available under the articles | 1311 | €20,000 | - | -€20,000 | |
| Distributable reserves | 133 | €122,448 | €175,220 | +€52,772 | +43.1% |
| Amounts payable | 17/49 | €97,371 | €102,070 | +€4,699 | +4.8% |
| Amounts payable within one year | 42/48 | €96,456 | €101,103 | +€4,648 | +4.8% |
| Trade debts | 44 | €802 | €819 | +€17 | +2.1% |
| Suppliers | 440/4 | €802 | €819 | +€17 | +2.1% |
| Taxes, remuneration and social security | 45 | €4,957 | €8,046 | +€3,089 | +62.3% |
| Taxes | 450/3 | €4,957 | €8,046 | +€3,089 | +62.3% |
| Other amounts payable | 47/48 | €90,696 | €92,238 | +€1,542 | +1.7% |
| Accrued charges and deferred income | 492/3 | €916 | €967 | +€51 | +5.6% |
| Other operating charges | 640/8 | €529 | €1,281 | +€752 | +142% |
| Gross operating margin | 9900 | €15,676 | €49,574 | +€33,898 | +216% |
| Operating profit (loss) | 9901 | €15,147 | €48,293 | +€33,146 | +219% |
| Financial income | 75/76B | €889 | €90 | -€799 | -89.9% |
| Recurring financial income | 75 | €889 | €90 | -€799 | -89.9% |
| Financial charges | 65/66B | €1,176 | €101 | -€1,074 | -91.4% |
| Recurring financial charges | 65 | €1,176 | €101 | -€1,074 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | €14,861 | €48,282 | +€33,421 | +225% |
| Income taxes | 67/77 | €4,957 | €15,510 | +€10,553 | +213% |
| Profit (loss) for the period | 9904 | €9,904 | €32,772 | +€22,868 | +231% |
| Profit (loss) for the period to be appropriated | 9905 | €9,904 | €32,772 | +€22,868 | +231% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.