GH CONSULT: 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.
GH CONSULT
Largest movements
- Tangible fixed assets -€13,698
down €13,698 (-47.7%), from €28,743 to €15,045
- Profit (loss) carried forward -€13,143
down €13,143 (-59.3%), from -€22,163 to -€35,306
- Debts after one year -€6,967
down €6,967 (-31.1%), from €22,370 to €15,403
- Other debts +€5,285
up €5,285 (+700%), from €755 to €6,040
- Tax, wage and social debts +€1,518
up €1,518 (+96.6%), from €1,571 to €3,090
of which Remuneration and social security: +€1,500
- Short-term financial debts -€632
down €632 (-14.7%), from €4,306 to €3,674
- Gross operating margin -€10,415
down €10,415 (-72.7%), from €14,318 to €3,902
- Depreciation +€1,347
up €1,347 (+10.9%), from €12,351 to €13,698
- Other operating charges -€776
down €776 (-36.8%), from €2,110 to €1,334
- Financial charges -€199
down €199 (-10.1%), from €1,974 to €1,775
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,057 | €16,453 | -€13,604 | -45.3% |
| Fixed assets | 21/28 | €28,743 | €15,045 | -€13,698 | -47.7% |
| Tangible fixed assets | 22/27 | €28,743 | €15,045 | -€13,698 | -47.7% |
| Furniture and vehicles | 24 | €28,743 | €15,045 | -€13,698 | -47.7% |
| Current assets | 29/58 | €1,313 | €1,407 | +€94 | +7.2% |
| Amounts receivable within one year | 40/41 | €630 | €681 | +€52 | +8.2% |
| Other amounts receivable | 41 | €630 | €681 | +€52 | +8.2% |
| Deferred charges and accrued income | 490/1 | €684 | €726 | +€42 | +6.2% |
| Total equity and liabilities | 10/49 | €30,057 | €16,453 | -€13,604 | -45.3% |
| Equity | 10/15 | -€6,503 | -€19,646 | -€13,143 | -202% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €8,660 | €8,660 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,800 | €6,800 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,163 | -€35,306 | -€13,143 | -59.3% |
| Amounts payable | 17/49 | €36,560 | €36,099 | -€461 | -1.3% |
| Amounts payable after more than one year | 17 | €22,370 | €15,403 | -€6,967 | -31.1% |
| Financial debts | 170/4 | €22,370 | €15,403 | -€6,967 | -31.1% |
| Amounts payable within one year | 42/48 | €14,131 | €20,643 | +€6,512 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €6,705 | €6,967 | +€262 | +3.9% |
| Financial debts | 43 | €4,306 | €3,674 | -€632 | -14.7% |
| Credit institutions | 430/8 | €4,306 | €3,674 | -€632 | -14.7% |
| Trade debts | 44 | €793 | €872 | +€79 | +10.0% |
| Suppliers | 440/4 | €793 | €872 | +€79 | +10.0% |
| Taxes, remuneration and social security | 45 | €1,571 | €3,090 | +€1,518 | +96.6% |
| Taxes | 450/3 | €450 | €468 | +€18 | +4.0% |
| Remuneration and social security | 454/9 | €1,122 | €2,622 | +€1,500 | +134% |
| Other amounts payable | 47/48 | €755 | €6,040 | +€5,285 | +700% |
| Accrued charges and deferred income | 492/3 | €59 | €53 | -€6 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,351 | €13,698 | +€1,347 | +10.9% |
| Other operating charges | 640/8 | €2,110 | €1,334 | -€776 | -36.8% |
| Gross operating margin | 9900 | €14,318 | €3,902 | -€10,415 | -72.7% |
| Operating profit (loss) | 9901 | -€143 | -€11,129 | -€10,986 | -7,678% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €1,974 | €1,775 | -€199 | -10.1% |
| Recurring financial charges | 65 | €1,974 | €1,775 | -€199 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,117 | -€12,904 | -€10,787 | -509% |
| Income taxes | 67/77 | €230 | €239 | +€9 | +3.9% |
| Profit (loss) for the period | 9904 | -€2,347 | -€13,143 | -€10,796 | -460% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,347 | -€13,143 | -€10,796 | -460% |
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 19 October 2026 via checked.be.