GDS Consulting Services: 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 Consulting Services
Largest movements
- Receivables within one year -€36,597
down €36,597 (-63.7%), from €57,491 to €20,894
of which Other amounts receivable: -€18,982
- Cash -€7,463
down €7,463 (-5.0%), from €148,573 to €141,109
mainly Contributions, distributions and other (-€200,000) and Tax, wage and social debts (-€11,205)
- Current investments -€3,651
down €3,651 (-11.0%), from €33,185 to €29,534
- Profit (loss) carried forward -€39,677
down €39,677 (-88.2%), from €44,963 to €5,286
- Tax, wage and social debts -€11,205
down €11,205 (-35.6%), from €31,493 to €20,288
of which Taxes: -€13,205
- Other debts +€4,697
up €4,697 (+3.1%), from €150,000 to €154,697
- Gross operating margin -€18,984
down €18,984 (-8.2%), from €232,638 to €213,654
- Financial income -€12,021
down €12,021 (-82.2%), from €14,631 to €2,611
- Taxes -€6,970
down €6,970 (-12.5%), from €55,609 to €48,638
- Financial charges +€4,643
up €4,643, from -€221 to €4,422
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 | €248,124 | €201,828 | -€46,296 | -18.7% |
| Fixed assets | 21/28 | €8,705 | €8,796 | +€91 | +1.0% |
| Tangible fixed assets | 22/27 | €8,705 | €8,796 | +€91 | +1.0% |
| Plant, machinery and equipment | 23 | - | €1,648 | +€1,648 | |
| Furniture and vehicles | 24 | €1,322 | €852 | -€470 | -35.5% |
| Other tangible fixed assets | 26 | €7,383 | €6,296 | -€1,087 | -14.7% |
| Current assets | 29/58 | €239,419 | €193,032 | -€46,387 | -19.4% |
| Amounts receivable within one year | 40/41 | €57,491 | €20,894 | -€36,597 | -63.7% |
| Trade receivables | 40 | €38,466 | €20,850 | -€17,615 | -45.8% |
| Other amounts receivable | 41 | €19,025 | €43 | -€18,982 | -99.8% |
| Current investments | 50/53 | €33,185 | €29,534 | -€3,651 | -11.0% |
| Cash at bank and in hand | 54/58 | €148,573 | €141,109 | -€7,463 | -5.0% |
| Deferred charges and accrued income | 490/1 | €170 | €1,495 | +€1,324 | +778% |
| Total equity and liabilities | 10/49 | €248,124 | €201,828 | -€46,296 | -18.7% |
| Equity | 10/15 | €65,368 | €25,691 | -€39,677 | -60.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,963 | €5,286 | -€39,677 | -88.2% |
| Amounts payable | 17/49 | €182,757 | €176,137 | -€6,619 | -3.6% |
| Amounts payable within one year | 42/48 | €182,757 | €176,137 | -€6,619 | -3.6% |
| Trade debts | 44 | €1,264 | €1,152 | -€111 | -8.8% |
| Suppliers | 440/4 | €1,264 | €1,152 | -€111 | -8.8% |
| Taxes, remuneration and social security | 45 | €31,493 | €20,288 | -€11,205 | -35.6% |
| Taxes | 450/3 | €31,493 | €18,288 | -€13,205 | -41.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €150,000 | €154,697 | +€4,697 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,375 | €1,578 | +€203 | +14.7% |
| Other operating charges | 640/8 | €792 | €1,303 | +€511 | +64.5% |
| Gross operating margin | 9900 | €232,638 | €213,654 | -€18,984 | -8.2% |
| Operating profit (loss) | 9901 | €230,471 | €210,773 | -€19,698 | -8.5% |
| Financial income | 75/76B | €14,631 | €2,611 | -€12,021 | -82.2% |
| Recurring financial income | 75 | €14,631 | €2,611 | -€12,021 | -82.2% |
| Financial charges | 65/66B | -€221 | €4,422 | +€4,643 | |
| Recurring financial charges | 65 | -€221 | €4,422 | +€4,643 | |
| Profit (loss) for the period before taxes | 9903 | €245,323 | €208,961 | -€36,361 | -14.8% |
| Income taxes | 67/77 | €55,609 | €48,638 | -€6,970 | -12.5% |
| Profit (loss) for the period | 9904 | €189,714 | €160,323 | -€29,391 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €189,714 | €160,323 | -€29,391 | -15.5% |
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 21 October 2026 via checked.be.