GEDI 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.
GEDI CONSULT
Largest movements
- Deferred charges and accrued income -€1,436
down €1,436 (-26.8%), from €5,348 to €3,913
- Current investments +€1,300
new in 2025: €1,300
- Tangible fixed assets +€773
new in 2025: €773
- Cash +€748
up €748 (+144%), from €518 to €1,266
mainly Net result for the year (+€2,022) and Deferred charges and accrued income (+€1,436)
- Receivables within one year +€519
up €519 (+3.6%), from €14,312 to €14,830
of which Other amounts receivable: +€2,140
- Reserves +€1,122
up €1,122 (+19.6%), from €5,727 to €6,849
- Other debts +€345
up €345 (+38.3%), from €900 to €1,245
- Tax, wage and social debts +€318
up €318 (+4.1%), from €7,848 to €8,166
of which Taxes: +€368
- Gross operating margin -€4,210
down €4,210 (-31.4%), from €13,397 to €9,187
- Taxes -€1,105
down €1,105 (-48.6%), from €2,274 to €1,168
- Financial charges +€918
up €918 (+27.8%), from €3,300 to €4,218
- Depreciation +€284
new in 2025: €284
- Other operating charges +€259
up €259 (+20.9%), from €1,236 to €1,495
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 | €20,178 | €22,082 | +€1,904 | +9.4% |
| Fixed assets | 21/28 | - | €773 | +€773 | |
| Tangible fixed assets | 22/27 | - | €773 | +€773 | |
| Furniture and vehicles | 24 | - | €773 | +€773 | |
| Current assets | 29/58 | €20,178 | €21,309 | +€1,131 | +5.6% |
| Amounts receivable within one year | 40/41 | €14,312 | €14,830 | +€519 | +3.6% |
| Trade receivables | 40 | €12,890 | €11,269 | -€1,621 | -12.6% |
| Other amounts receivable | 41 | €1,422 | €3,561 | +€2,140 | +151% |
| Current investments | 50/53 | - | €1,300 | +€1,300 | |
| Cash at bank and in hand | 54/58 | €518 | €1,266 | +€748 | +144% |
| Deferred charges and accrued income | 490/1 | €5,348 | €3,913 | -€1,436 | -26.8% |
| Total equity and liabilities | 10/49 | €20,178 | €22,082 | +€1,904 | +9.4% |
| Equity | 10/15 | €10,727 | €11,849 | +€1,122 | +10.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,727 | €6,849 | +€1,122 | +19.6% |
| Distributable reserves | 133 | €5,727 | €6,849 | +€1,122 | +19.6% |
| Amounts payable | 17/49 | €9,451 | €10,233 | +€782 | +8.3% |
| Amounts payable within one year | 42/48 | €9,451 | €10,233 | +€782 | +8.3% |
| Trade debts | 44 | €703 | €822 | +€119 | +16.9% |
| Suppliers | 440/4 | €703 | €822 | +€119 | +16.9% |
| Taxes, remuneration and social security | 45 | €7,848 | €8,166 | +€318 | +4.1% |
| Taxes | 450/3 | €5,648 | €6,016 | +€368 | +6.5% |
| Remuneration and social security | 454/9 | €2,200 | €2,150 | -€50 | -2.3% |
| Other amounts payable | 47/48 | €900 | €1,245 | +€345 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €284 | +€284 | |
| Other operating charges | 640/8 | €1,236 | €1,495 | +€259 | +20.9% |
| Gross operating margin | 9900 | €13,397 | €9,187 | -€4,210 | -31.4% |
| Operating profit (loss) | 9901 | €12,161 | €7,408 | -€4,753 | -39.1% |
| Financial income | 75/76B | €40 | €0 | -€39 | -98.8% |
| Recurring financial income | 75 | €40 | €0 | -€39 | -98.8% |
| Financial charges | 65/66B | €3,300 | €4,218 | +€918 | +27.8% |
| Recurring financial charges | 65 | €3,300 | €4,218 | +€918 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €8,901 | €3,190 | -€5,710 | -64.2% |
| Income taxes | 67/77 | €2,274 | €1,168 | -€1,105 | -48.6% |
| Profit (loss) for the period | 9904 | €6,627 | €2,022 | -€4,605 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,627 | €2,022 | -€4,605 | -69.5% |
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 19 October 2026 via checked.be.