GepHyd 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.
GepHyd Consulting
Largest movements
- Cash +€116,962
up €116,962 (+171%), from €68,334 to €185,295
mainly Net result for the year (+€246,801) and Other debts (+€28,694)
- Current investments +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Receivables within one year +€41,397
up €41,397 (+76.3%), from €54,266 to €95,663
of which Trade receivables: +€23,239
- Tangible fixed assets -€9,797
down €9,797 (-20.1%), from €48,679 to €38,883
of which Furniture and vehicles: -€8,624
- Receivables after one year +€8,778
up €8,778 (+8.0%), from €109,723 to €118,501
- Profit (loss) carried forward +€124,983
up €124,983 (+47.2%), from €264,925 to €389,908
- Reserves +€121,818
up €121,818 (+47.9%), from €254,460 to €376,278
of which Distributable reserves: +€92,620
- Other debts +€28,694
up €28,694 (+1,893%), from €1,516 to €30,210
- Tax, wage and social debts -€18,150
down €18,150 (-45.3%), from €40,104 to €21,954
of which Taxes: -€11,555
- Financial income -€32,673
down €32,673 (-68.8%), from €47,479 to €14,805
- Staff costs -€18,688
down €18,688 (-52.9%), from €35,340 to €16,652
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583,938 | €841,946 | +€258,008 | +44.2% |
| Fixed assets | 21/28 | €48,923 | €39,127 | -€9,797 | -20.0% |
| Tangible fixed assets | 22/27 | €48,679 | €38,883 | -€9,797 | -20.1% |
| Land and buildings | 22 | €15,355 | €14,615 | -€740 | -4.8% |
| Plant, machinery and equipment | 23 | €1,614 | €1,180 | -€433 | -26.9% |
| Furniture and vehicles | 24 | €31,711 | €23,087 | -€8,624 | -27.2% |
| Financial fixed assets | 28 | €244 | €244 | = | 0.0% |
| Current assets | 29/58 | €535,014 | €802,819 | +€267,805 | +50.1% |
| Amounts receivable after more than one year | 29 | €109,723 | €118,501 | +€8,778 | +8.0% |
| Other amounts receivable | 291 | €109,723 | €118,501 | +€8,778 | +8.0% |
| Amounts receivable within one year | 40/41 | €54,266 | €95,663 | +€41,397 | +76.3% |
| Trade receivables | 40 | €54,266 | €77,505 | +€23,239 | +42.8% |
| Other amounts receivable | 41 | €0 | €18,158 | +€18,158 | |
| Current investments | 50/53 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €68,334 | €185,295 | +€116,962 | +171% |
| Deferred charges and accrued income | 490/1 | €2,691 | €3,360 | +€669 | +24.8% |
| Total equity and liabilities | 10/49 | €583,938 | €841,946 | +€258,008 | +44.2% |
| Equity | 10/15 | €537,985 | €784,786 | +€246,801 | +45.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €254,460 | €376,278 | +€121,818 | +47.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €252,600 | €281,798 | +€29,198 | +11.6% |
| Distributable reserves | 133 | €1,860 | €94,480 | +€92,620 | +4,980% |
| Profit (loss) carried forward | 14 | €264,925 | €389,908 | +€124,983 | +47.2% |
| Amounts payable | 17/49 | €45,953 | €57,160 | +€11,208 | +24.4% |
| Amounts payable within one year | 42/48 | €43,030 | €57,160 | +€14,130 | +32.8% |
| Trade debts | 44 | €1,411 | €4,997 | +€3,586 | +254% |
| Suppliers | 440/4 | €1,411 | €4,997 | +€3,586 | +254% |
| Taxes, remuneration and social security | 45 | €40,104 | €21,954 | -€18,150 | -45.3% |
| Taxes | 450/3 | €33,508 | €21,954 | -€11,555 | -34.5% |
| Remuneration and social security | 454/9 | €6,596 | €0 | -€6,596 | -100% |
| Other amounts payable | 47/48 | €1,516 | €30,210 | +€28,694 | +1,893% |
| Accrued charges and deferred income | 492/3 | €2,922 | €0 | -€2,922 | -100% |
| Remuneration, social security and pensions | 62 | €35,340 | €16,652 | -€18,688 | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,313 | €11,170 | +€2,857 | +34.4% |
| Other operating charges | 640/8 | €1,269 | €1,190 | -€79 | -6.2% |
| Gross operating margin | 9900 | €338,883 | €337,704 | -€1,180 | -0.3% |
| Operating profit (loss) | 9901 | €293,961 | €308,692 | +€14,731 | +5.0% |
| Financial income | 75/76B | €47,479 | €14,805 | -€32,673 | -68.8% |
| Recurring financial income | 75 | €47,479 | €14,805 | -€32,673 | -68.8% |
| Financial charges | 65/66B | €403 | €576 | +€174 | +43.1% |
| Recurring financial charges | 65 | €403 | €576 | +€174 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €341,037 | €322,921 | -€18,116 | -5.3% |
| Income taxes | 67/77 | €76,112 | €76,120 | +€8 | 0.0% |
| Profit (loss) for the period | 9904 | €264,925 | €246,801 | -€18,124 | -6.8% |
| Transfer from tax-exempt reserves | 789 | - | €92,620 | +€92,620 | |
| Transfer to tax-exempt reserves | 689 | €0 | €121,818 | +€121,818 | |
| Profit (loss) for the period to be appropriated | 9905 | €264,925 | €217,603 | -€47,322 | -17.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.