GDHConsulting: 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.
GDHConsulting
Largest movements
- Receivables within one year +€8,533
up €8,533 (+27.6%), from €30,922 to €39,455
of which Other amounts receivable: +€12,586
- Tangible fixed assets -€3,675
down €3,675 (-22.4%), from €16,416 to €12,741
of which Other tangible fixed assets: -€1,880
- Cash +€3,356
up €3,356 (+26.1%), from €12,856 to €16,212
mainly Contributions, distributions and other (+€12,900) and Net result for the year (+€5,831)
- Reserves +€18,730
up €18,730 (+61.8%), from €30,300 to €49,030
of which Distributable reserves: +€49,030
- Other debts -€12,255
no longer reported in 2025 (was €12,255)
- Tax, wage and social debts +€1,474
up €1,474 (+26.3%), from €5,603 to €7,077
- Gross operating margin +€9,444
up €9,444 (+158%), from €5,976 to €15,420
- Taxes +€4,344
up €4,344 (+349%), from €1,246 to €5,590
- Financial income +€397
up €397 (+32.3%), from €1,231 to €1,628
- Depreciation -€251
down €251 (-6.4%), from €3,926 to €3,675
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 | €61,633 | €69,583 | +€7,950 | +12.9% |
| Fixed assets | 21/28 | €16,416 | €12,741 | -€3,675 | -22.4% |
| Tangible fixed assets | 22/27 | €16,416 | €12,741 | -€3,675 | -22.4% |
| Furniture and vehicles | 24 | €6,513 | €4,718 | -€1,795 | -27.6% |
| Other tangible fixed assets | 26 | €9,903 | €8,023 | -€1,880 | -19.0% |
| Current assets | 29/58 | €45,217 | €56,842 | +€11,625 | +25.7% |
| Amounts receivable within one year | 40/41 | €30,922 | €39,455 | +€8,533 | +27.6% |
| Trade receivables | 40 | €7,182 | €3,129 | -€4,053 | -56.4% |
| Other amounts receivable | 41 | €23,740 | €36,326 | +€12,586 | +53.0% |
| Cash at bank and in hand | 54/58 | €12,856 | €16,212 | +€3,356 | +26.1% |
| Deferred charges and accrued income | 490/1 | €1,439 | €1,175 | -€264 | -18.3% |
| Total equity and liabilities | 10/49 | €61,633 | €69,583 | +€7,950 | +12.9% |
| Equity | 10/15 | €43,775 | €62,506 | +€18,731 | +42.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,300 | €49,030 | +€18,730 | +61.8% |
| Tax-exempt reserves | 132 | €30,300 | - | -€30,300 | |
| Distributable reserves | 133 | - | €49,030 | +€49,030 | |
| Profit (loss) carried forward | 14 | -€5,125 | -€5,124 | +€1 | 0.0% |
| Amounts payable | 17/49 | €17,858 | €7,077 | -€10,781 | -60.4% |
| Amounts payable within one year | 42/48 | €17,858 | €7,077 | -€10,781 | -60.4% |
| Taxes, remuneration and social security | 45 | €5,603 | €7,077 | +€1,474 | +26.3% |
| Taxes | 450/3 | €5,603 | €7,077 | +€1,474 | +26.3% |
| Other amounts payable | 47/48 | €12,255 | - | -€12,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,926 | €3,675 | -€251 | -6.4% |
| Other operating charges | 640/8 | €1,839 | €1,896 | +€57 | +3.1% |
| Gross operating margin | 9900 | €5,976 | €15,420 | +€9,444 | +158% |
| Operating profit (loss) | 9901 | €211 | €9,849 | +€9,638 | +4,568% |
| Financial income | 75/76B | €1,231 | €1,628 | +€397 | +32.3% |
| Recurring financial income | 75 | €1,231 | €1,628 | +€397 | +32.3% |
| Financial charges | 65/66B | €101 | €56 | -€45 | -44.6% |
| Recurring financial charges | 65 | €101 | €56 | -€45 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €1,341 | €11,421 | +€10,080 | +752% |
| Income taxes | 67/77 | €1,246 | €5,590 | +€4,344 | +349% |
| Profit (loss) for the period | 9904 | €95 | €5,831 | +€5,736 | +6,038% |
| Transfer from tax-exempt reserves | 789 | €12,900 | - | -€12,900 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,995 | €5,831 | -€7,164 | -55.1% |
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.