GDE 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.
GDE Consulting
Largest movements
- Cash +€16,168
up €16,168 (+86.7%), from €18,638 to €34,806
mainly Net result for the year (+€42,450) and Tax, wage and social debts (+€15,739)
- Receivables after one year +€7,321
up €7,321 (+4.1%), from €180,106 to €187,428
- Tangible fixed assets -€4,269
down €4,269 (-6.9%), from €61,545 to €57,276
of which Other tangible fixed assets: -€5,973
- Reserves +€42,450
up €42,450 (+28.1%), from €151,088 to €193,538
- Other debts -€20,525
no longer reported in 2025 (was €20,525)
- Tax, wage and social debts +€15,739
up €15,739 (+81.0%), from €19,428 to €35,167
- Current portion of long-term debt -€7,740
down €7,740 (-50.9%), from €15,212 to €7,472
- Debts after one year -€7,472
down €7,472 (-12.5%), from €59,830 to €52,358
- Gross operating margin +€11,275
up €11,275 (+21.0%), from €53,673 to €64,948
- Taxes +€3,129
up €3,129 (+21.6%), from €14,506 to €17,635
- Financial charges -€1,391
down €1,391 (-45.3%), from €3,067 to €1,677
- Other operating charges -€733
down €733 (-51.9%), from €1,413 to €680
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 | €280,206 | €299,762 | +€19,556 | +7.0% |
| Fixed assets | 21/28 | €61,545 | €57,276 | -€4,269 | -6.9% |
| Tangible fixed assets | 22/27 | €61,545 | €57,276 | -€4,269 | -6.9% |
| Furniture and vehicles | 24 | - | €1,704 | +€1,704 | |
| Other tangible fixed assets | 26 | €61,545 | €55,572 | -€5,973 | -9.7% |
| Current assets | 29/58 | €218,661 | €242,486 | +€23,825 | +10.9% |
| Amounts receivable after more than one year | 29 | €180,106 | €187,428 | +€7,321 | +4.1% |
| Other amounts receivable | 291 | €180,106 | €187,428 | +€7,321 | +4.1% |
| Amounts receivable within one year | 40/41 | €14,509 | €17,253 | +€2,745 | +18.9% |
| Trade receivables | 40 | €12,553 | €13,385 | +€832 | +6.6% |
| Other amounts receivable | 41 | €1,956 | €3,869 | +€1,913 | +97.8% |
| Cash at bank and in hand | 54/58 | €18,638 | €34,806 | +€16,168 | +86.7% |
| Deferred charges and accrued income | 490/1 | €5,408 | €2,999 | -€2,410 | -44.6% |
| Total equity and liabilities | 10/49 | €280,206 | €299,762 | +€19,556 | +7.0% |
| Equity | 10/15 | €157,382 | €199,832 | +€42,450 | +27.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,088 | €193,538 | +€42,450 | +28.1% |
| Distributable reserves | 133 | €151,088 | €193,538 | +€42,450 | +28.1% |
| Profit (loss) carried forward | 14 | €94 | €94 | = | 0.0% |
| Amounts payable | 17/49 | €122,824 | €99,930 | -€22,894 | -18.6% |
| Amounts payable after more than one year | 17 | €59,830 | €52,358 | -€7,472 | -12.5% |
| Financial debts | 170/4 | €59,830 | €52,358 | -€7,472 | -12.5% |
| Amounts payable within one year | 42/48 | €62,564 | €47,138 | -€15,426 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €15,212 | €7,472 | -€7,740 | -50.9% |
| Financial debts | 43 | €2,246 | €749 | -€1,497 | -66.7% |
| Credit institutions | 430/8 | €2,246 | €749 | -€1,497 | -66.7% |
| Trade debts | 44 | €5,148 | €3,750 | -€1,397 | -27.1% |
| Suppliers | 440/4 | €5,148 | €3,750 | -€1,397 | -27.1% |
| Advances received on contracts in progress | 46 | €6 | - | -€6 | |
| Taxes, remuneration and social security | 45 | €19,428 | €35,167 | +€15,739 | +81.0% |
| Taxes | 450/3 | €19,428 | €35,167 | +€15,739 | +81.0% |
| Other amounts payable | 47/48 | €20,525 | - | -€20,525 | |
| Accrued charges and deferred income | 492/3 | €430 | €433 | +€3 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,975 | €6,200 | +€225 | +3.8% |
| Other operating charges | 640/8 | €1,413 | €680 | -€733 | -51.9% |
| Gross operating margin | 9900 | €53,673 | €64,948 | +€11,275 | +21.0% |
| Operating profit (loss) | 9901 | €46,285 | €58,068 | +€11,783 | +25.5% |
| Financial income | 75/76B | €3,511 | €3,694 | +€183 | +5.2% |
| Recurring financial income | 75 | €3,511 | €3,694 | +€183 | +5.2% |
| Financial charges | 65/66B | €3,067 | €1,677 | -€1,391 | -45.3% |
| Recurring financial charges | 65 | €3,067 | €1,677 | -€1,391 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €46,728 | €60,085 | +€13,357 | +28.6% |
| Income taxes | 67/77 | €14,506 | €17,635 | +€3,129 | +21.6% |
| Profit (loss) for the period | 9904 | €32,223 | €42,450 | +€10,227 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,223 | €42,450 | +€10,227 | +31.7% |
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 15 October 2026 via checked.be.