GESTCONSULT: what changed
Two fiscal 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.
GESTCONSULT
Largest movements
- Receivables within one year -€12,098
down €12,098 (-5.3%), from €228,653 to €216,555
of which Trade receivables: -€92,098
- Tangible fixed assets -€9,950
down €9,950 (-36.9%), from €27,000 to €17,050
of which Furniture and vehicles: -€7,557
- Cash -€7,149
no longer reported in 2025 (was €7,149)
mainly Contributions, distributions and other (-€90,667) and Investment in fixed assets (net) (-€4,480)
- Reserves -€23,000
down €23,000 (-14.0%), from €164,860 to €141,860
of which Distributable reserves: -€23,000
- Profit (loss) carried forward -€20,600
down €20,600 (-46.0%), from €44,808 to €24,207
- Trade debts +€10,687
up €10,687 (+362.0%), from €2,952 to €13,639
- Short-term financial debts +€7,106
new in 2025: €7,106
- Debts after one year -€4,315
no longer reported in 2025 (was €4,315)
- Gross operating margin +€26,265
up €26,265 (+20.6%), from €127,485 to €153,750
- Staff costs +€9,533
up €9,533 (+17.6%), from €54,100 to €63,633
- Taxes +€5,016
up €5,016 (+22.4%), from €22,343 to €27,359
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 | €265,346 | €236,149 | -€29,197 | -11.0% |
| Fixed assets | 21/28 | €29,000 | €19,050 | -€9,950 | -34.3% |
| Tangible fixed assets | 22/27 | €27,000 | €17,050 | -€9,950 | -36.9% |
| Plant, machinery and equipment | 23 | €6,444 | €4,052 | -€2,392 | -37.1% |
| Furniture and vehicles | 24 | €20,555 | €12,998 | -€7,557 | -36.8% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €236,346 | €217,099 | -€19,247 | -8.1% |
| Amounts receivable within one year | 40/41 | €228,653 | €216,555 | -€12,098 | -5.3% |
| Trade receivables | 40 | €168,653 | €76,555 | -€92,098 | -54.6% |
| Other amounts receivable | 41 | €60,000 | €140,000 | +€80,000 | +133.3% |
| Cash at bank and in hand | 54/58 | €7,149 | - | -€7,149 | |
| Deferred charges and accrued income | 490/1 | €544 | €544 | = | 0.0% |
| Total equity and liabilities | 10/49 | €265,346 | €236,149 | -€29,197 | -11.0% |
| Equity | 10/15 | €222,068 | €178,467 | -€43,600 | -19.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €164,860 | €141,860 | -€23,000 | -14.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €163,000 | €140,000 | -€23,000 | -14.1% |
| Profit (loss) carried forward | 14 | €44,808 | €24,207 | -€20,600 | -46.0% |
| Amounts payable | 17/49 | €43,278 | €57,682 | +€14,403 | +33.3% |
| Amounts payable after more than one year | 17 | €4,315 | - | -€4,315 | |
| Financial debts | 170/4 | €4,315 | - | -€4,315 | |
| Amounts payable within one year | 42/48 | €38,963 | €57,682 | +€18,718 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €12,496 | €10,430 | -€2,066 | -16.5% |
| Financial debts | 43 | - | €7,106 | +€7,106 | |
| Credit institutions | 430/8 | - | €7,106 | +€7,106 | |
| Trade debts | 44 | €2,952 | €13,639 | +€10,687 | +362.0% |
| Suppliers | 440/4 | €2,952 | €13,639 | +€10,687 | +362.0% |
| Taxes, remuneration and social security | 45 | €22,182 | €26,452 | +€4,270 | +19.3% |
| Taxes | 450/3 | €14,855 | €17,496 | +€2,640 | +17.8% |
| Remuneration and social security | 454/9 | €7,326 | €8,956 | +€1,630 | +22.2% |
| Other amounts payable | 47/48 | €1,333 | €54 | -€1,279 | -95.9% |
| Remuneration, social security and pensions | 62 | €54,100 | €63,633 | +€9,533 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,089 | €14,429 | +€341 | +2.4% |
| Gross operating margin | 9900 | €127,485 | €153,750 | +€26,265 | +20.6% |
| Operating profit (loss) | 9901 | €59,296 | €75,688 | +€16,391 | +27.6% |
| Financial income | 75/76B | €782 | €45 | -€737 | -94.2% |
| Recurring financial income | 75 | €782 | €45 | -€737 | -94.2% |
| Financial charges | 65/66B | €2,160 | €1,307 | -€853 | -39.5% |
| Recurring financial charges | 65 | €2,160 | €1,307 | -€853 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €57,919 | €74,426 | +€16,507 | +28.5% |
| Income taxes | 67/77 | €22,343 | €27,359 | +€5,016 | +22.4% |
| Profit (loss) for the period | 9904 | €35,576 | €47,067 | +€11,491 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,576 | €47,067 | +€11,491 | +32.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.