GDC 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.
GDC CONSULTING
Largest movements
- Cash +€75,875
up €75,875 (+348%), from €21,826 to €97,701
mainly Current investments (+€60,000) and Net result for the year (+€45,227)
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets -€3,653
down €3,653 (-46.1%), from €7,926 to €4,273
- Deferred charges and accrued income +€3,205
up €3,205 (+167%), from €1,916 to €5,121
- Receivables within one year +€2,108
up €2,108 (+8.0%), from €26,314 to €28,422
of which Other amounts receivable: +€1,170
- Other debts +€15,937
up €15,937 (+966%), from €1,650 to €17,587
- Trade debts +€2,595
up €2,595 (+188%), from €1,383 to €3,978
- Profit (loss) carried forward -€2,273
down €2,273 (-2.4%), from €93,686 to €91,413
- Tax, wage and social debts +€2,190
up €2,190 (+28.1%), from €7,783 to €9,972
- Current portion of long-term debt -€1,414
down €1,414 (-100%), from €1,414 to €0
- Gross operating margin +€3,761
up €3,761 (+6.3%), from €59,307 to €63,068
- Taxes +€1,631
up €1,631 (+12.8%), from €12,697 to €14,329
- Financial income +€1,524
up €1,524 (+464%), from €329 to €1,853
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 | €117,981 | €135,517 | +€17,536 | +14.9% |
| Fixed assets | 21/28 | €7,926 | €4,273 | -€3,653 | -46.1% |
| Tangible fixed assets | 22/27 | €7,926 | €4,273 | -€3,653 | -46.1% |
| Furniture and vehicles | 24 | €7,926 | €4,273 | -€3,653 | -46.1% |
| Current assets | 29/58 | €110,056 | €131,244 | +€21,188 | +19.3% |
| Amounts receivable within one year | 40/41 | €26,314 | €28,422 | +€2,108 | +8.0% |
| Trade receivables | 40 | €26,257 | €27,195 | +€938 | +3.6% |
| Other amounts receivable | 41 | €57 | €1,227 | +€1,170 | +2,056% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €21,826 | €97,701 | +€75,875 | +348% |
| Deferred charges and accrued income | 490/1 | €1,916 | €5,121 | +€3,205 | +167% |
| Total equity and liabilities | 10/49 | €117,981 | €135,517 | +€17,536 | +14.9% |
| Equity | 10/15 | €103,686 | €101,413 | -€2,273 | -2.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,686 | €91,413 | -€2,273 | -2.4% |
| Amounts payable | 17/49 | €14,295 | €34,104 | +€19,809 | +139% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €12,230 | €31,537 | +€19,308 | +158% |
| Current portion of amounts payable after more than one year | 42 | €1,414 | €0 | -€1,414 | -100% |
| Trade debts | 44 | €1,383 | €3,978 | +€2,595 | +188% |
| Suppliers | 440/4 | €1,383 | €3,978 | +€2,595 | +188% |
| Taxes, remuneration and social security | 45 | €7,783 | €9,972 | +€2,190 | +28.1% |
| Taxes | 450/3 | €7,783 | €9,972 | +€2,190 | +28.1% |
| Other amounts payable | 47/48 | €1,650 | €17,587 | +€15,937 | +966% |
| Accrued charges and deferred income | 492/3 | €2,066 | €2,567 | +€501 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,653 | €3,653 | = | 0.0% |
| Other operating charges | 640/8 | €1,030 | €1,495 | +€465 | +45.1% |
| Gross operating margin | 9900 | €59,307 | €63,068 | +€3,761 | +6.3% |
| Operating profit (loss) | 9901 | €54,624 | €57,920 | +€3,296 | +6.0% |
| Financial income | 75/76B | €329 | €1,853 | +€1,524 | +464% |
| Recurring financial income | 75 | €329 | €1,853 | +€1,524 | +464% |
| Financial charges | 65/66B | €238 | €217 | -€21 | -8.8% |
| Recurring financial charges | 65 | €238 | €217 | -€21 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €54,715 | €59,555 | +€4,841 | +8.8% |
| Income taxes | 67/77 | €12,697 | €14,329 | +€1,631 | +12.8% |
| Profit (loss) for the period | 9904 | €42,017 | €45,227 | +€3,209 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,017 | €45,227 | +€3,209 | +7.6% |
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 17 October 2026 via checked.be.