GESTION CONCEPT: 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
GESTION CONCEPT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€81,860
2024 · -€161,120+€242,979
Equity
€428,501
2024 · €346,641+€81,860
Cash
€17,921
2024 · €9,862+€8,059
Balance sheet total
€1.0m
2024 · €1.3m-€255,300
Largest movements
Assets
- Receivables within one year -€290,624
down €290,624 (-46.0%), from €631,350 to €340,727
of which Other amounts receivable: -€326,267
- Tangible fixed assets +€32,400
new in 2025: €32,400
Equity and liabilities
- Debts after one year -€450,000
down €450,000 (-64.3%), from €700,000 to €250,000
- Other debts +€240,000
up €240,000 (+2,227%), from €10,777 to €250,777
- Short-term financial debts -€160,000
down €160,000 (-100%), from €160,000 to €0
- Profit (loss) carried forward +€81,860
up €81,860 (+25.1%), from €326,181 to €408,041
- Trade debts +€62,804
up €62,804 (+560%), from €11,211 to €74,015
Income statement
- Gross operating margin +€255,794
up €255,794, from -€44,672 to €211,122
- Financial charges +€16,546
up €16,546 (+63.5%), from €26,070 to €42,616
- Other operating charges -€2,599
down €2,599 (-61.8%), from €4,207 to €1,608
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
-€161,120
Gross operating margin
+€255,794
Staff costs
+€779
Other operating charges
+€2,599
Other operating items
+€526
Financial income
+€0
Financial charges
-€16,546
Taxes
-€173
Result 2025
€81,860
raises the resultlowers the resultnot broken down further in the accounts
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
+€663,335
Investment
-€32,400
Financing
-€622,876
Cash 2024
€9,862
From operations (derived)
+€663,335
Net result for the year
+€81,860
Receivables within one year
+€290,624
Deferred charges and accrued income
+€5,136
Trade debts
+€62,804
Tax, wage and social debts
-€17,074
Other debts
+€240,000
Accrued charges and deferred income
-€14
Investment (derived)
-€32,400
Investment in fixed assets (net)
-€32,400
Current investments
-€0
Financing
-€622,876
Debts after one year
-€450,000
Current portion of long-term debt
-€12,876
Short-term financial debts
-€160,000
Cash 2025
€17,921
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,262,543 | €1,007,243 | -€255,300 | -20.2% |
| Fixed assets | 21/28 | €609,028 | €641,427 | +€32,400 | +5.3% |
| Tangible fixed assets | 22/27 | - | €32,400 | +€32,400 | |
| Assets under construction and advance payments | 27 | - | €32,400 | +€32,400 | |
| Financial fixed assets | 28 | €609,028 | €609,028 | = | 0.0% |
| Current assets | 29/58 | €653,516 | €365,816 | -€287,700 | -44.0% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Trade receivables | 290 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €631,350 | €340,727 | -€290,624 | -46.0% |
| Trade receivables | 40 | €48,725 | €84,368 | +€35,643 | +73.2% |
| Other amounts receivable | 41 | €582,625 | €256,358 | -€326,267 | -56.0% |
| Current investments | 50/53 | €53 | €53 | +€0 | +0.5% |
| Cash at bank and in hand | 54/58 | €9,862 | €17,921 | +€8,059 | +81.7% |
| Deferred charges and accrued income | 490/1 | €7,250 | €2,114 | -€5,136 | -70.8% |
| Total equity and liabilities | 10/49 | €1,262,543 | €1,007,243 | -€255,300 | -20.2% |
| Equity | 10/15 | €346,641 | €428,501 | +€81,860 | +23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €326,181 | €408,041 | +€81,860 | +25.1% |
| Amounts payable | 17/49 | €915,902 | €578,742 | -€337,160 | -36.8% |
| Amounts payable after more than one year | 17 | €700,000 | €250,000 | -€450,000 | -64.3% |
| Financial debts | 170/4 | €700,000 | €250,000 | -€450,000 | -64.3% |
| Amounts payable within one year | 42/48 | €215,888 | €328,742 | +€112,854 | +52.3% |
| Current portion of amounts payable after more than one year | 42 | €12,876 | €0 | -€12,876 | -100% |
| Financial debts | 43 | €160,000 | €0 | -€160,000 | -100% |
| Other loans | 439 | €160,000 | €0 | -€160,000 | -100% |
| Trade debts | 44 | €11,211 | €74,015 | +€62,804 | +560% |
| Suppliers | 440/4 | €11,211 | €74,015 | +€62,804 | +560% |
| Taxes, remuneration and social security | 45 | €21,025 | €3,950 | -€17,074 | -81.2% |
| Taxes | 450/3 | €970 | €0 | -€970 | -100% |
| Remuneration and social security | 454/9 | €20,055 | €3,950 | -€16,104 | -80.3% |
| Other amounts payable | 47/48 | €10,777 | €250,777 | +€240,000 | +2,227% |
| Accrued charges and deferred income | 492/3 | €14 | €0 | -€14 | -100% |
| Remuneration, social security and pensions | 62 | €82,835 | €82,056 | -€779 | -0.9% |
| Other operating charges | 640/8 | €4,207 | €1,608 | -€2,599 | -61.8% |
| Non-recurring operating charges | 66A | €2,367 | €1,840 | -€526 | -22.2% |
| Gross operating margin | 9900 | -€44,672 | €211,122 | +€255,794 | |
| Operating profit (loss) | 9901 | -€134,080 | €125,618 | +€259,699 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +14.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +14.7% |
| Financial charges | 65/66B | €26,070 | €42,616 | +€16,546 | +63.5% |
| Recurring financial charges | 65 | €26,070 | €42,616 | +€16,546 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | -€160,150 | €83,003 | +€243,152 | |
| Income taxes | 67/77 | €970 | €1,143 | +€173 | +17.9% |
| Profit (loss) for the period | 9904 | -€161,120 | €81,860 | +€242,979 | |
| Profit (loss) for the period to be appropriated | 9905 | -€161,120 | €81,860 | +€242,979 |
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 23 October 2026 via checked.be.