GDS CONSULT: 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.
GDS CONSULT
Largest movements
- Receivables within one year -€38,730
down €38,730 (-65.9%), from €58,737 to €20,007
of which Trade receivables: -€51,445
- Tangible fixed assets +€8,408
up €8,408 (+289%), from €2,908 to €11,316
- Cash -€2,511
down €2,511 (-99.3%), from €2,528 to €17
mainly Other debts (-€31,397) and Investment in fixed assets (net) (-€11,315)
- Other debts -€31,397
down €31,397 (-65.1%), from €48,244 to €16,847
- Profit (loss) carried forward -€3,115
down €3,115 (-254%), from -€1,227 to -€4,342
- Trade debts +€3,012
up €3,012 (+119%), from €2,534 to €5,545
- Tax, wage and social debts -€802
down €802 (-29.3%), from €2,739 to €1,937
- Purchases and services -€78,137
no longer reported in 2025 (was €78,137)
- Turnover -€74,197
no longer reported in 2025 (was €74,197)
- Gross operating margin -€11,345
down €11,345 (-67.9%), from €16,721 to €5,376
- Staff costs -€2,957
down €2,957 (-100%), from €2,957 to €0
- Financial charges +€2,161
up €2,161 (+1,527%), from €142 to €2,302
of which Financial charges: +€2,161
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 | €70,890 | €38,587 | -€32,303 | -45.6% |
| Fixed assets | 21/28 | €2,908 | €11,316 | +€8,408 | +289% |
| Tangible fixed assets | 22/27 | €2,908 | €11,316 | +€8,408 | +289% |
| Furniture and vehicles | 24 | €2,908 | €11,316 | +€8,408 | +289% |
| Current assets | 29/58 | €67,983 | €27,272 | -€40,711 | -59.9% |
| Stocks and contracts in progress | 3 | €6,689 | €6,689 | = | 0.0% |
| Stocks | 30/36 | €6,689 | €6,689 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,737 | €20,007 | -€38,730 | -65.9% |
| Trade receivables | 40 | €58,238 | €6,793 | -€51,445 | -88.3% |
| Other amounts receivable | 41 | €498 | €13,213 | +€12,715 | +2,551% |
| Cash at bank and in hand | 54/58 | €2,528 | €17 | -€2,511 | -99.3% |
| Deferred charges and accrued income | 490/1 | €29 | €559 | +€530 | +1,812% |
| Total equity and liabilities | 10/49 | €70,890 | €38,587 | -€32,303 | -45.6% |
| Equity | 10/15 | €17,373 | €14,258 | -€3,115 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,227 | -€4,342 | -€3,115 | -254% |
| Amounts payable | 17/49 | €53,517 | €24,329 | -€29,188 | -54.5% |
| Amounts payable within one year | 42/48 | €53,517 | €24,329 | -€29,188 | -54.5% |
| Trade debts | 44 | €2,534 | €5,545 | +€3,012 | +119% |
| Suppliers | 440/4 | €2,534 | €5,545 | +€3,012 | +119% |
| Taxes, remuneration and social security | 45 | €2,739 | €1,937 | -€802 | -29.3% |
| Taxes | 450/3 | €2,739 | €1,937 | -€802 | -29.3% |
| Other amounts payable | 47/48 | €48,244 | €16,847 | -€31,397 | -65.1% |
| Turnover | 70 | €74,197 | - | -€74,197 | |
| Goods, raw materials, services and sundry goods | 60/61 | €78,137 | - | -€78,137 | |
| Remuneration, social security and pensions | 62 | €2,957 | €0 | -€2,957 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,724 | €2,907 | -€817 | -21.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€360 | €0 | +€360 | |
| Other operating charges | 640/8 | €1,841 | €431 | -€1,410 | -76.6% |
| Non-recurring operating charges | 66A | €1,128 | - | -€1,128 | |
| Gross operating margin | 9900 | €16,721 | €5,376 | -€11,345 | -67.9% |
| Operating profit (loss) | 9901 | €7,432 | €2,038 | -€5,394 | -72.6% |
| Financial income | 75/76B | €12 | €205 | +€193 | +1,630% |
| Recurring financial income | 75 | €12 | €205 | +€193 | +1,630% |
| Financial charges | 65/66B | €142 | €2,302 | +€2,161 | +1,527% |
| Recurring financial charges | 65 | €142 | €2,302 | +€2,161 | +1,527% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €7,302 | -€60 | -€7,362 | |
| Income taxes | 67/77 | €2,283 | €3,056 | +€773 | +33.9% |
| Profit (loss) for the period | 9904 | €5,019 | -€3,115 | -€8,135 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,019 | -€3,115 | -€8,135 |
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 18 October 2026 via checked.be.