GFB 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.
GFB CONSULTING
Largest movements
- Cash +€129,389
up €129,389 (+91.2%), from €141,872 to €271,260
mainly Net result for the year (+€115,833) and Current investments (+€42,191)
- Current investments -€42,191
down €42,191 (-15.4%), from €274,447 to €232,256
- Tangible fixed assets -€20,073
down €20,073 (-33.6%), from €59,654 to €39,582
of which Furniture and vehicles: -€20,003
- Reserves +€115,833
up €115,833 (+33.5%), from €345,613 to €461,447
of which Distributable reserves: +€115,833
- Other debts -€54,488
down €54,488 (-91.0%), from €59,856 to €5,368
- Tax, wage and social debts +€5,799
up €5,799 (+37.0%), from €15,671 to €21,470
- Gross operating margin +€70,326
up €70,326 (+64.6%), from €108,868 to €179,194
- Taxes +€21,150
up €21,150 (+77.9%), from €27,148 to €48,298
- Financial income -€6,443
down €6,443 (-51.2%), from €12,582 to €6,140
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 | €477,878 | €545,665 | +€67,787 | +14.2% |
| Fixed assets | 21/28 | €59,654 | €39,582 | -€20,073 | -33.6% |
| Tangible fixed assets | 22/27 | €59,654 | €39,582 | -€20,073 | -33.6% |
| Plant, machinery and equipment | 23 | €70 | - | -€70 | |
| Furniture and vehicles | 24 | €59,585 | €39,582 | -€20,003 | -33.6% |
| Current assets | 29/58 | €418,224 | €506,084 | +€87,859 | +21.0% |
| Current investments | 50/53 | €274,447 | €232,256 | -€42,191 | -15.4% |
| Cash at bank and in hand | 54/58 | €141,872 | €271,260 | +€129,389 | +91.2% |
| Deferred charges and accrued income | 490/1 | €1,906 | €2,567 | +€662 | +34.7% |
| Total equity and liabilities | 10/49 | €477,878 | €545,665 | +€67,787 | +14.2% |
| Equity | 10/15 | €402,261 | €518,095 | +€115,833 | +28.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €345,613 | €461,447 | +€115,833 | +33.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €343,753 | €459,587 | +€115,833 | +33.7% |
| Profit (loss) carried forward | 14 | €44,248 | €44,248 | = | 0.0% |
| Amounts payable | 17/49 | €75,617 | €27,571 | -€48,047 | -63.5% |
| Amounts payable within one year | 42/48 | €75,617 | €27,571 | -€48,047 | -63.5% |
| Trade debts | 44 | €90 | €733 | +€643 | +710.3% |
| Suppliers | 440/4 | €90 | €733 | +€643 | +710.3% |
| Taxes, remuneration and social security | 45 | €15,671 | €21,470 | +€5,799 | +37.0% |
| Taxes | 450/3 | €15,671 | €21,470 | +€5,799 | +37.0% |
| Other amounts payable | 47/48 | €59,856 | €5,368 | -€54,488 | -91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,362 | €20,073 | -€1,289 | -6.0% |
| Other operating charges | 640/8 | €680 | €698 | +€18 | +2.7% |
| Gross operating margin | 9900 | €108,868 | €179,194 | +€70,326 | +64.6% |
| Operating profit (loss) | 9901 | €86,826 | €158,423 | +€71,597 | +82.5% |
| Financial income | 75/76B | €12,582 | €6,140 | -€6,443 | -51.2% |
| Recurring financial income | 75 | €12,582 | €6,140 | -€6,443 | -51.2% |
| Financial charges | 65/66B | €185 | €431 | +€246 | +132.4% |
| Recurring financial charges | 65 | €185 | €431 | +€246 | +132.4% |
| Profit (loss) for the period before taxes | 9903 | €99,223 | €164,132 | +€64,909 | +65.4% |
| Income taxes | 67/77 | €27,148 | €48,298 | +€21,150 | +77.9% |
| Profit (loss) for the period | 9904 | €72,075 | €115,833 | +€43,759 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,075 | €115,833 | +€43,759 | +60.7% |
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 10 October 2026 via checked.be.