GDV 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.
GDV Consult
Largest movements
- Financial fixed assets -€15,200
down €15,200 (-100.0%), from €15,200 to €0
- Receivables within one year -€13,027
down €13,027 (-14.6%), from €89,075 to €76,048
of which Other amounts receivable: -€11,136
- Cash +€12,756
up €12,756 (+163543.2%), from €8 to €12,764
mainly Investment in fixed assets (net) (+€15,200) and Receivables within one year (+€13,027)
- Tax, wage and social debts -€10,128
down €10,128 (-94.0%), from €10,768 to €641
- Profit (loss) carried forward -€5,785
down €5,785 (-36.5%), from -€15,847 to -€21,632
- Short-term financial debts +€1,319
up €1,319 (+41.0%), from €3,216 to €4,535
- Gross operating margin +€9,107
up €9,107 (+57.2%), from -€15,932 to -€6,825
- Other operating charges -€1,799
down €1,799 (-66.3%), from €2,714 to €915
- Financial income -€1,199
down €1,199 (-23.7%), from €5,055 to €3,856
- Financial charges -€355
down €355 (-26.7%), from €1,329 to €974
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.
Cash bridge derived
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 | €107,462 | €92,007 | -€15,455 | -14.4% |
| Fixed assets | 21/28 | €16,644 | €718 | -€15,926 | -95.7% |
| Tangible fixed assets | 22/27 | €1,444 | €718 | -€726 | -50.3% |
| Plant, machinery and equipment | 23 | €1,444 | €718 | -€726 | -50.3% |
| Financial fixed assets | 28 | €15,200 | €0 | -€15,200 | -100.0% |
| Current assets | 29/58 | €90,818 | €91,289 | +€471 | +0.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €89,075 | €76,048 | -€13,027 | -14.6% |
| Trade receivables | 40 | €10,304 | €8,413 | -€1,891 | -18.4% |
| Other amounts receivable | 41 | €78,771 | €67,635 | -€11,136 | -14.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8 | €12,764 | +€12,756 | +163543.2% |
| Deferred charges and accrued income | 490/1 | €1,736 | €2,477 | +€742 | +42.7% |
| Total equity and liabilities | 10/49 | €107,462 | €92,007 | -€15,455 | -14.4% |
| Equity | 10/15 | €88,687 | €82,903 | -€5,785 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,935 | €85,935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €819 | €819 | = | 0.0% |
| Reserves not available under the articles | 1311 | €819 | €819 | = | 0.0% |
| Distributable reserves | 133 | €85,115 | €85,115 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,847 | -€21,632 | -€5,785 | -36.5% |
| Amounts payable | 17/49 | €18,775 | €9,104 | -€9,671 | -51.5% |
| Amounts payable within one year | 42/48 | €18,775 | €9,104 | -€9,671 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €700 | €0 | -€700 | -100.0% |
| Financial debts | 43 | €3,216 | €4,535 | +€1,319 | +41.0% |
| Credit institutions | 430/8 | €3,216 | €4,535 | +€1,319 | +41.0% |
| Trade debts | 44 | €4,091 | €3,928 | -€162 | -4.0% |
| Suppliers | 440/4 | €4,091 | €3,928 | -€162 | -4.0% |
| Taxes, remuneration and social security | 45 | €10,768 | €641 | -€10,128 | -94.0% |
| Taxes | 450/3 | €10,768 | €641 | -€10,128 | -94.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €726 | €726 | = | 0.0% |
| Other operating charges | 640/8 | €2,714 | €915 | -€1,799 | -66.3% |
| Gross operating margin | 9900 | -€15,932 | -€6,825 | +€9,107 | +57.2% |
| Operating profit (loss) | 9901 | -€19,372 | -€8,466 | +€10,906 | +56.3% |
| Financial income | 75/76B | €5,055 | €3,856 | -€1,199 | -23.7% |
| Recurring financial income | 75 | €5,055 | €3,856 | -€1,199 | -23.7% |
| Financial charges | 65/66B | €1,329 | €974 | -€355 | -26.7% |
| Recurring financial charges | 65 | €1,329 | €974 | -€355 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,646 | -€5,584 | +€10,062 | +64.3% |
| Income taxes | 67/77 | €201 | €201 | -€1 | -0.3% |
| Profit (loss) for the period | 9904 | -€15,847 | -€5,785 | +€10,063 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,847 | -€5,785 | +€10,063 | +63.5% |
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 11 October 2026 via checked.be.