GEDA 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.
GEDA CONSULTING
Largest movements
- Receivables within one year +€49,503
up €49,503 (+2,278%), from €2,173 to €51,676
of which Trade receivables: +€43,297
- Cash -€38,936
down €38,936 (-95.7%), from €40,704 to €1,768
mainly Receivables within one year (-€49,503) and Net result for the year (-€47,352)
- Tangible fixed assets -€38,390
down €38,390 (-80.5%), from €47,698 to €9,308
of which Furniture and vehicles: -€22,316
- Deferred charges and accrued income -€3,872
down €3,872 (-89.6%), from €4,321 to €449
- Profit (loss) carried forward -€50,073
down €50,073, from €3,208 to -€46,865
- Trade debts +€16,013
up €16,013 (+128%), from €12,550 to €28,563
- Tax, wage and social debts +€3,755
up €3,755 (+34.1%), from €11,020 to €14,775
of which Taxes: +€4,388
- Current portion of long-term debt -€1,752
down €1,752 (-25.9%), from €6,752 to €5,000
- Short-term financial debts +€995
new in 2025: €995
- Gross operating margin -€31,823
down €31,823 (-54.1%), from €58,863 to €27,040
- Financial charges +€8,658
up €8,658 (+1,321%), from €656 to €9,314
- Staff costs +€8,616
up €8,616 (+31.2%), from €27,656 to €36,272
- Depreciation -€5,645
down €5,645 (-70.8%), from €7,969 to €2,324
- Other operating charges +€5,080
up €5,080 (+240%), from €2,112 to €7,192
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 | €95,247 | €63,552 | -€31,695 | -33.3% |
| Fixed assets | 21/28 | €48,049 | €9,659 | -€38,390 | -79.9% |
| Tangible fixed assets | 22/27 | €47,698 | €9,308 | -€38,390 | -80.5% |
| Plant, machinery and equipment | 23 | €15,904 | - | -€15,904 | |
| Furniture and vehicles | 24 | €30,746 | €8,430 | -€22,316 | -72.6% |
| Other tangible fixed assets | 26 | €1,049 | €878 | -€170 | -16.3% |
| Financial fixed assets | 28 | €351 | €351 | = | 0.0% |
| Current assets | 29/58 | €47,198 | €53,893 | +€6,695 | +14.2% |
| Amounts receivable within one year | 40/41 | €2,173 | €51,676 | +€49,503 | +2,278% |
| Trade receivables | 40 | €2,173 | €45,470 | +€43,297 | +1,992% |
| Other amounts receivable | 41 | - | €6,206 | +€6,206 | |
| Cash at bank and in hand | 54/58 | €40,704 | €1,768 | -€38,936 | -95.7% |
| Deferred charges and accrued income | 490/1 | €4,321 | €449 | -€3,872 | -89.6% |
| Total equity and liabilities | 10/49 | €95,247 | €63,552 | -€31,695 | -33.3% |
| Equity | 10/15 | €10,708 | -€39,365 | -€50,073 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,208 | -€46,865 | -€50,073 | |
| Amounts payable | 17/49 | €84,540 | €102,917 | +€18,378 | +21.7% |
| Amounts payable within one year | 42/48 | €84,540 | €102,917 | +€18,378 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €6,752 | €5,000 | -€1,752 | -25.9% |
| Financial debts | 43 | - | €995 | +€995 | |
| Credit institutions | 430/8 | - | €995 | +€995 | |
| Trade debts | 44 | €12,550 | €28,563 | +€16,013 | +128% |
| Suppliers | 440/4 | €12,550 | €28,563 | +€16,013 | +128% |
| Taxes, remuneration and social security | 45 | €11,020 | €14,775 | +€3,755 | +34.1% |
| Taxes | 450/3 | €3,898 | €8,286 | +€4,388 | +113% |
| Remuneration and social security | 454/9 | €7,122 | €6,489 | -€633 | -8.9% |
| Other amounts payable | 47/48 | €54,219 | €53,585 | -€633 | -1.2% |
| Non-recurring operating income | 76A | €24,005 | €51,661 | +€27,656 | +115% |
| Remuneration, social security and pensions | 62 | €27,656 | €36,272 | +€8,616 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,969 | €2,324 | -€5,645 | -70.8% |
| Other operating charges | 640/8 | €2,112 | €7,192 | +€5,080 | +240% |
| Non-recurring operating charges | 66A | €1,168 | €18,432 | +€17,264 | +1,479% |
| Gross operating margin | 9900 | €58,863 | €27,040 | -€31,823 | -54.1% |
| Operating profit (loss) | 9901 | €19,958 | -€37,180 | -€57,137 | |
| Financial income | 75/76B | €463 | €309 | -€154 | -33.3% |
| Recurring financial income | 75 | €463 | €309 | -€154 | -33.3% |
| Financial charges | 65/66B | €656 | €9,314 | +€8,658 | +1,321% |
| Recurring financial charges | 65 | €656 | €9,314 | +€8,658 | +1,321% |
| Profit (loss) for the period before taxes | 9903 | €19,765 | -€46,185 | -€65,950 | |
| Income taxes | 67/77 | €5,057 | €1,167 | -€3,891 | -76.9% |
| Profit (loss) for the period | 9904 | €14,708 | -€47,352 | -€62,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,708 | -€47,352 | -€62,059 |
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 13 October 2026 via checked.be.