GESTI - CONSEILS: 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.
What changed
GESTI - CONSEILS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,518
2024 · €48,143+€15,375
Equity
€434,098
2024 · €380,580+€53,518
Cash
€35,304
2024 · €111,418-€76,114
Balance sheet total
€518,853
2024 · €468,309+€50,544
Largest movements
Assets
- Current investments +€125,000
new in 2025: €125,000
- Cash -€76,114
down €76,114 (-68.3%), from €111,418 to €35,304
mainly Current investments (-€125,000) and Other debts (-€19,303)
- Receivables within one year +€5,682
up €5,682 (+104%), from €5,447 to €11,129
of which Trade receivables: +€3,150
Equity and liabilities
- Profit (loss) carried forward +€50,342
up €50,342, from -€4,172 to €46,170
- Other debts -€19,303
down €19,303 (-32.0%), from €60,236 to €40,933
- Tax, wage and social debts +€16,318
up €16,318 (+103%), from €15,911 to €32,229
Income statement
- Gross operating margin +€21,448
up €21,448 (+29.3%), from €73,241 to €94,689
- Taxes +€6,156
up €6,156 (+35.5%), from €17,363 to €23,518
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.
Result 2024
€48,143
Gross operating margin
+€21,448
Depreciation
+€152
Other operating charges
-€149
Financial income
+€909
Financial charges
-€830
Taxes
-€6,156
Result 2025
€63,518
raises the resultlowers the result
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.
From operations
+€65,111
Investment
-€127,184
Financing
-€14,041
Cash 2024
€111,418
From operations (derived)
+€65,111
Net result for the year
+€63,518
Depreciation
+€5,871
Receivables within one year
-€5,682
Deferred charges and accrued income
+€337
Trade debts
+€4,052
Tax, wage and social debts
+€16,318
Other debts
-€19,303
Investment (derived)
-€127,184
Investment in fixed assets (net)
-€2,184
Current investments
-€125,000
Financing
-€14,041
Debts after one year
-€2,159
Current portion of long-term debt
-€2,016
Short-term financial debts
+€134
Contributions, distributions and other
-€10,000
Cash 2025
€35,304
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €468,309 | €518,853 | +€50,544 | +10.8% |
| Fixed assets | 21/28 | €345,585 | €341,898 | -€3,687 | -1.1% |
| Tangible fixed assets | 22/27 | €33,884 | €30,197 | -€3,687 | -10.9% |
| Furniture and vehicles | 24 | €15,206 | €10,221 | -€4,985 | -32.8% |
| Other tangible fixed assets | 26 | €18,678 | €19,976 | +€1,298 | +6.9% |
| Financial fixed assets | 28 | €311,701 | €311,701 | = | 0.0% |
| Current assets | 29/58 | €122,724 | €176,955 | +€54,231 | +44.2% |
| Amounts receivable within one year | 40/41 | €5,447 | €11,129 | +€5,682 | +104% |
| Trade receivables | 40 | €4,701 | €7,851 | +€3,150 | +67.0% |
| Other amounts receivable | 41 | €746 | €3,278 | +€2,532 | +339% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €111,418 | €35,304 | -€76,114 | -68.3% |
| Deferred charges and accrued income | 490/1 | €5,859 | €5,522 | -€337 | -5.7% |
| Total equity and liabilities | 10/49 | €468,309 | €518,853 | +€50,544 | +10.8% |
| Equity | 10/15 | €380,580 | €434,098 | +€53,518 | +14.1% |
| Contributions | 10/11 | €210,144 | €210,144 | = | 0.0% |
| Capital | 10 | €210,144 | €210,144 | = | 0.0% |
| Issued capital | 100 | €210,144 | €210,144 | = | 0.0% |
| Reserves | 13 | €174,608 | €177,784 | +€3,176 | +1.8% |
| Non-distributable reserves | 130/1 | €15,213 | €18,389 | +€3,176 | +20.9% |
| Legal reserve | 130 | €15,213 | €18,389 | +€3,176 | +20.9% |
| Tax-exempt reserves | 132 | €159,396 | €159,396 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,172 | €46,170 | +€50,342 | |
| Amounts payable | 17/49 | €87,729 | €84,755 | -€2,974 | -3.4% |
| Amounts payable after more than one year | 17 | €2,159 | - | -€2,159 | |
| Financial debts | 170/4 | €2,159 | - | -€2,159 | |
| Amounts payable within one year | 42/48 | €85,570 | €84,755 | -€815 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €4,175 | €2,159 | -€2,016 | -48.3% |
| Financial debts | 43 | - | €134 | +€134 | |
| Credit institutions | 430/8 | - | €134 | +€134 | |
| Trade debts | 44 | €5,248 | €9,300 | +€4,052 | +77.2% |
| Suppliers | 440/4 | €5,248 | €9,300 | +€4,052 | +77.2% |
| Taxes, remuneration and social security | 45 | €15,911 | €32,229 | +€16,318 | +103% |
| Taxes | 450/3 | €15,911 | €32,229 | +€16,318 | +103% |
| Other amounts payable | 47/48 | €60,236 | €40,933 | -€19,303 | -32.0% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,023 | €5,871 | -€152 | -2.5% |
| Other operating charges | 640/8 | €1,352 | €1,501 | +€149 | +11.0% |
| Gross operating margin | 9900 | €73,241 | €94,689 | +€21,448 | +29.3% |
| Operating profit (loss) | 9901 | €65,866 | €87,318 | +€21,451 | +32.6% |
| Financial income | 75/76B | €10 | €919 | +€909 | +9,454% |
| Recurring financial income | 75 | €10 | €919 | +€909 | +9,454% |
| Financial charges | 65/66B | €370 | €1,200 | +€830 | +224% |
| Recurring financial charges | 65 | €370 | €1,200 | +€830 | +224% |
| Profit (loss) for the period before taxes | 9903 | €65,506 | €87,036 | +€21,530 | +32.9% |
| Income taxes | 67/77 | €17,363 | €23,518 | +€6,156 | +35.5% |
| Profit (loss) for the period | 9904 | €48,143 | €63,518 | +€15,375 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,143 | €63,518 | +€15,375 | +31.9% |
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 20 October 2026 via checked.be.