GH CONSULTANCE: 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 CONSULTANCE
Largest movements
- Receivables within one year +€73,461
up €73,461 (+2,698%), from €2,723 to €76,184
of which Trade receivables: +€76,184
- Tangible fixed assets -€60,721
down €60,721 (-93.7%), from €64,795 to €4,074
of which Other tangible fixed assets: -€59,380
- Intangible fixed assets -€18,800
down €18,800 (-29.0%), from €64,860 to €46,060
- Cash -€16,871
down €16,871 (-81.1%), from €20,804 to €3,933
mainly Receivables within one year (-€73,461) and Debts after one year (-€32,369)
- Debts after one year -€32,369
down €32,369 (-100%), from €32,369 to €0
- Reserves +€31,739
new in 2024: €31,739
- Current portion of long-term debt -€19,533
down €19,533 (-100%), from €19,533 to €0
- Other debts -€15,810
down €15,810 (-78.5%), from €20,153 to €4,343
- Tax, wage and social debts +€10,451
up €10,451 (+115%), from €9,059 to €19,510
of which Taxes: +€10,451
- Depreciation -€17,352
down €17,352 (-46.2%), from €37,562 to €20,210
- Taxes +€8,840
up €8,840 (+201%), from €4,394 to €13,234
- Gross operating margin -€2,782
down €2,782 (-4.0%), from €69,855 to €67,073
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,608 | €131,166 | -€22,442 | -14.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €129,743 | €50,222 | -€79,521 | -61.3% |
| Intangible fixed assets | 21 | €64,860 | €46,060 | -€18,800 | -29.0% |
| Tangible fixed assets | 22/27 | €64,795 | €4,074 | -€60,721 | -93.7% |
| Furniture and vehicles | 24 | €5,415 | €4,074 | -€1,341 | -24.8% |
| Other tangible fixed assets | 26 | €59,380 | €0 | -€59,380 | -100% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €23,865 | €80,944 | +€57,080 | +239% |
| Amounts receivable within one year | 40/41 | €2,723 | €76,184 | +€73,461 | +2,698% |
| Trade receivables | 40 | €0 | €76,184 | +€76,184 | |
| Other amounts receivable | 41 | €2,723 | €0 | -€2,723 | -100% |
| Cash at bank and in hand | 54/58 | €20,804 | €3,933 | -€16,871 | -81.1% |
| Deferred charges and accrued income | 490/1 | €338 | €828 | +€490 | +145% |
| Total equity and liabilities | 10/49 | €153,608 | €131,166 | -€22,442 | -14.6% |
| Equity | 10/15 | €71,351 | €103,090 | +€31,739 | +44.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | - | €31,739 | +€31,739 | |
| Distributable reserves | 133 | - | €31,739 | +€31,739 | |
| Profit (loss) carried forward | 14 | €11,351 | €11,351 | = | 0.0% |
| Amounts payable | 17/49 | €82,257 | €28,076 | -€54,181 | -65.9% |
| Amounts payable after more than one year | 17 | €32,369 | €0 | -€32,369 | -100% |
| Financial debts | 170/4 | €32,369 | €0 | -€32,369 | -100% |
| Amounts payable within one year | 42/48 | €49,888 | €28,076 | -€21,812 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €19,533 | €0 | -€19,533 | -100% |
| Trade debts | 44 | €1,143 | €4,223 | +€3,081 | +270% |
| Suppliers | 440/4 | €1,143 | €4,223 | +€3,081 | +270% |
| Taxes, remuneration and social security | 45 | €9,059 | €19,510 | +€10,451 | +115% |
| Taxes | 450/3 | €9,059 | €19,510 | +€10,451 | +115% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €20,153 | €4,343 | -€15,810 | -78.5% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,562 | €20,210 | -€17,352 | -46.2% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €69,855 | €67,073 | -€2,782 | -4.0% |
| Operating profit (loss) | 9901 | €31,909 | €46,476 | +€14,567 | +45.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,697 | €1,502 | -€195 | -11.5% |
| Recurring financial charges | 65 | €1,697 | €1,502 | -€195 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €30,211 | €44,974 | +€14,762 | +48.9% |
| Income taxes | 67/77 | €4,394 | €13,234 | +€8,840 | +201% |
| Profit (loss) for the period | 9904 | €25,817 | €31,739 | +€5,922 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,817 | €31,739 | +€5,922 | +22.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.