Gezels 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.
Gezels Consulting
Largest movements
- Deferred charges and accrued income +€29,325
up €29,325 (+1,725%), from €1,700 to €31,024
- Cash +€28,804
up €28,804 (+642%), from €4,488 to €33,291
mainly Net result for the year (+€33,795) and Receivables within one year (+€18,168)
- Receivables within one year -€18,168
down €18,168 (-68.9%), from €26,371 to €8,202
of which Trade receivables: -€18,466
- Tangible fixed assets -€17,054
down €17,054 (-25.1%), from €67,868 to €50,814
of which Furniture and vehicles: -€15,751
- Reserves +€33,795
up €33,795 (+50.4%), from €67,029 to €100,824
- Tax, wage and social debts -€12,423
down €12,423 (-40.0%), from €31,075 to €18,652
- Gross operating margin +€9,270
up €9,270 (+15.8%), from €58,791 to €68,061
- Taxes +€3,916
up €3,916 (+33.1%), from €11,824 to €15,740
- Financial charges -€846
down €846 (-52.7%), from €1,604 to €758
of which Financial charges: -€679
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 | €100,426 | €123,332 | +€22,906 | +22.8% |
| Fixed assets | 21/28 | €67,868 | €50,814 | -€17,054 | -25.1% |
| Tangible fixed assets | 22/27 | €67,868 | €50,814 | -€17,054 | -25.1% |
| Land and buildings | 22 | €5,077 | €4,392 | -€685 | -13.5% |
| Plant, machinery and equipment | 23 | €3,000 | €2,382 | -€618 | -20.6% |
| Furniture and vehicles | 24 | €59,791 | €44,040 | -€15,751 | -26.3% |
| Current assets | 29/58 | €32,558 | €72,518 | +€39,960 | +123% |
| Amounts receivable within one year | 40/41 | €26,371 | €8,202 | -€18,168 | -68.9% |
| Trade receivables | 40 | €18,538 | €72 | -€18,466 | -99.6% |
| Other amounts receivable | 41 | €7,832 | €8,130 | +€297 | +3.8% |
| Cash at bank and in hand | 54/58 | €4,488 | €33,291 | +€28,804 | +642% |
| Deferred charges and accrued income | 490/1 | €1,700 | €31,024 | +€29,325 | +1,725% |
| Total equity and liabilities | 10/49 | €100,426 | €123,332 | +€22,906 | +22.8% |
| Equity | 10/15 | €69,029 | €102,824 | +€33,795 | +49.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €67,029 | €100,824 | +€33,795 | +50.4% |
| Distributable reserves | 133 | €67,029 | €100,824 | +€33,795 | +50.4% |
| Amounts payable | 17/49 | €31,397 | €20,508 | -€10,889 | -34.7% |
| Amounts payable within one year | 42/48 | €31,397 | €20,118 | -€11,279 | -35.9% |
| Trade debts | 44 | €322 | €1,466 | +€1,144 | +355% |
| Suppliers | 440/4 | €322 | €1,466 | +€1,144 | +355% |
| Taxes, remuneration and social security | 45 | €31,075 | €18,652 | -€12,423 | -40.0% |
| Taxes | 450/3 | €31,075 | €18,652 | -€12,423 | -40.0% |
| Accrued charges and deferred income | 492/3 | - | €390 | +€390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,839 | €17,054 | +€215 | +1.3% |
| Other operating charges | 640/8 | €779 | €1,148 | +€368 | +47.3% |
| Gross operating margin | 9900 | €58,791 | €68,061 | +€9,270 | +15.8% |
| Operating profit (loss) | 9901 | €41,173 | €49,860 | +€8,687 | +21.1% |
| Financial income | 75/76B | €126 | €433 | +€307 | +244% |
| Recurring financial income | 75 | €126 | €433 | +€307 | +244% |
| Financial charges | 65/66B | €1,604 | €758 | -€846 | -52.7% |
| Recurring financial charges | 65 | €1,293 | €614 | -€679 | -52.5% |
| Non-recurring financial charges | 66B | €311 | €144 | -€167 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €39,695 | €49,535 | +€9,840 | +24.8% |
| Income taxes | 67/77 | €11,824 | €15,740 | +€3,916 | +33.1% |
| Profit (loss) for the period | 9904 | €27,872 | €33,795 | +€5,924 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,872 | €33,795 | +€5,924 | +21.3% |
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 1 November 2026 via checked.be.