GDP 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.
What changed
GDP Consulting
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,783
2024 · €82,843-€60,060
Equity
€205,196
2024 · €202,425+€2,770
Cash
€0
2024 · €0
Balance sheet total
€510,527
2024 · €351,136+€159,391
Largest movements
Assets
- Tangible fixed assets +€175,662
up €175,662 (+1,397%), from €12,572 to €188,234
of which Land and buildings: +€164,352
- Receivables after one year -€14,807
down €14,807 (-25.2%), from €58,740 to €43,933
Equity and liabilities
- Debts after one year +€101,165
up €101,165 (+503%), from €20,131 to €121,296
- Other debts +€67,250
up €67,250 (+322%), from €20,917 to €88,167
- Tax, wage and social debts -€31,752
down €31,752 (-59.0%), from €53,801 to €22,048
- Trade debts +€18,414
up €18,414 (+219%), from €8,407 to €26,821
- Short-term financial debts +€11,857
up €11,857 (+98.1%), from €12,090 to €23,947
Income statement
- Gross operating margin -€79,996
down €79,996 (-58.9%), from €135,816 to €55,821
- Taxes -€28,155
down €28,155 (-84.1%), from €33,469 to €5,314
- Other operating charges +€4,306
up €4,306 (+36.4%), from €11,845 to €16,151
- Depreciation +€2,522
up €2,522 (+140%), from €1,796 to €4,319
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.
Result 2024
€82,843
Gross operating margin
-€79,996
Staff costs
-€46
Depreciation
-€2,522
Other operating charges
-€4,306
Financial income
-€586
Financial charges
-€759
Taxes
+€28,155
Result 2025
€22,783
raises the resultlowers the result
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.
From operations
+€97,284
Investment
-€179,980
Financing
+€82,696
Cash 2024
€0
From operations (derived)
+€97,284
Net result for the year
+€22,783
Depreciation
+€4,319
Receivables after one year
+€14,807
Stocks and contracts
+€4,724
Receivables within one year
-€3,254
Deferred charges and accrued income
-€7
Trade debts
+€18,414
Tax, wage and social debts
-€31,752
Other debts
+€67,250
Investment (derived)
-€179,980
Investment in fixed assets (net)
-€179,980
Current investments
+€0
Financing
+€82,696
Debts after one year
+€101,165
Current portion of long-term debt
-€10,314
Short-term financial debts
+€11,857
Contributions, distributions and other
-€20,012
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,136 | €510,527 | +€159,391 | +45.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €15,202 | €190,864 | +€175,662 | +1,156% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €12,572 | €188,234 | +€175,662 | +1,397% |
| Land and buildings | 22 | - | €164,352 | +€164,352 | |
| Furniture and vehicles | 24 | €1,377 | €11,112 | +€9,735 | +707% |
| Other tangible fixed assets | 26 | €11,195 | €12,770 | +€1,575 | +14.1% |
| Financial fixed assets | 28 | €2,630 | €2,630 | = | 0.0% |
| Current assets | 29/58 | €335,934 | €319,663 | -€16,271 | -4.8% |
| Amounts receivable after more than one year | 29 | €58,740 | €43,933 | -€14,807 | -25.2% |
| Other amounts receivable | 291 | €58,740 | €43,933 | -€14,807 | -25.2% |
| Stocks and contracts in progress | 3 | €239,307 | €234,583 | -€4,724 | -2.0% |
| Stocks | 30/36 | €239,307 | €234,583 | -€4,724 | -2.0% |
| Amounts receivable within one year | 40/41 | €37,611 | €40,865 | +€3,254 | +8.7% |
| Trade receivables | 40 | €36,819 | €39,196 | +€2,377 | +6.5% |
| Other amounts receivable | 41 | €792 | €1,669 | +€877 | +111% |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €276 | €283 | +€7 | +2.4% |
| Total equity and liabilities | 10/49 | €351,136 | €510,527 | +€159,391 | +45.4% |
| Equity | 10/15 | €202,425 | €205,196 | +€2,770 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,965 | €184,736 | +€2,770 | +1.5% |
| Amounts payable | 17/49 | €148,710 | €305,331 | +€156,621 | +105% |
| Amounts payable after more than one year | 17 | €20,131 | €121,296 | +€101,165 | +503% |
| Financial debts | 170/4 | €20,131 | €121,296 | +€101,165 | +503% |
| Amounts payable within one year | 42/48 | €128,579 | €184,034 | +€55,456 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €33,364 | €23,050 | -€10,314 | -30.9% |
| Financial debts | 43 | €12,090 | €23,947 | +€11,857 | +98.1% |
| Credit institutions | 430/8 | €12,090 | €23,947 | +€11,857 | +98.1% |
| Trade debts | 44 | €8,407 | €26,821 | +€18,414 | +219% |
| Suppliers | 440/4 | €8,407 | €26,821 | +€18,414 | +219% |
| Taxes, remuneration and social security | 45 | €53,801 | €22,048 | -€31,752 | -59.0% |
| Taxes | 450/3 | €53,801 | €22,048 | -€31,752 | -59.0% |
| Other amounts payable | 47/48 | €20,917 | €88,167 | +€67,250 | +322% |
| Non-recurring operating income | 76A | - | €5,896 | +€5,896 | |
| Remuneration, social security and pensions | 62 | -€46 | - | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,796 | €4,319 | +€2,522 | +140% |
| Other operating charges | 640/8 | €11,845 | €16,151 | +€4,306 | +36.4% |
| Gross operating margin | 9900 | €135,816 | €55,821 | -€79,996 | -58.9% |
| Operating profit (loss) | 9901 | €122,221 | €35,351 | -€86,870 | -71.1% |
| Financial income | 75/76B | €1,796 | €1,210 | -€586 | -32.6% |
| Recurring financial income | 75 | €1,796 | €1,210 | -€586 | -32.6% |
| Financial charges | 65/66B | €7,706 | €8,465 | +€759 | +9.9% |
| Recurring financial charges | 65 | €7,706 | €8,465 | +€759 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €116,312 | €28,097 | -€88,215 | -75.8% |
| Income taxes | 67/77 | €33,469 | €5,314 | -€28,155 | -84.1% |
| Profit (loss) for the period | 9904 | €82,843 | €22,783 | -€60,060 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,843 | €22,783 | -€60,060 | -72.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.