GH 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.
GH Consulting
Largest movements
- Cash -€40,352
down €40,352 (-99.9%), from €40,410 to €58
mainly Receivables within one year (-€35,390) and Deferred charges and accrued income (-€32,800)
- Receivables within one year +€35,390
up €35,390 (+64.1%), from €55,212 to €90,602
of which Other amounts receivable: +€43,922
- Deferred charges and accrued income +€32,800
up €32,800 (+456%), from €7,200 to €40,000
- Reserves +€77,630
up €77,630 (+79.5%), from €97,613 to €175,243
- Debts after one year -€28,577
down €28,577 (-12.9%), from €221,987 to €193,409
- Other debts -€23,068
down €23,068 (-100%), from €23,068 to €0
- Gross operating margin +€15,596
up €15,596 (+18.4%), from €84,802 to €100,398
- Financial income -€9,336
down €9,336 (-18.7%), from €50,000 to €40,664
- Depreciation +€6,362
up €6,362 (+252%), from €2,529 to €8,892
- Financial charges +€4,952
up €4,952 (+668%), from €741 to €5,693
- Staff costs +€1,732
up €1,732 (+6.6%), from €26,215 to €27,947
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 | €416,138 | €439,925 | +€23,787 | +5.7% |
| Fixed assets | 21/28 | €38,315 | €34,265 | -€4,051 | -10.6% |
| Tangible fixed assets | 22/27 | €38,315 | €34,265 | -€4,051 | -10.6% |
| Plant, machinery and equipment | 23 | €710 | €1,968 | +€1,258 | +177% |
| Furniture and vehicles | 24 | €37,605 | €32,296 | -€5,309 | -14.1% |
| Current assets | 29/58 | €377,822 | €405,660 | +€27,838 | +7.4% |
| Amounts receivable within one year | 40/41 | €55,212 | €90,602 | +€35,390 | +64.1% |
| Trade receivables | 40 | €47,273 | €38,740 | -€8,533 | -18.0% |
| Other amounts receivable | 41 | €7,939 | €51,862 | +€43,922 | +553% |
| Current investments | 50/53 | €275,000 | €275,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,410 | €58 | -€40,352 | -99.9% |
| Deferred charges and accrued income | 490/1 | €7,200 | €40,000 | +€32,800 | +456% |
| Total equity and liabilities | 10/49 | €416,138 | €439,925 | +€23,787 | +5.7% |
| Equity | 10/15 | €116,213 | €193,843 | +€77,630 | +66.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,613 | €175,243 | +€77,630 | +79.5% |
| Distributable reserves | 133 | €97,613 | €175,243 | +€77,630 | +79.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €299,924 | €246,082 | -€53,843 | -18.0% |
| Amounts payable after more than one year | 17 | €221,987 | €193,409 | -€28,577 | -12.9% |
| Financial debts | 170/4 | €221,987 | €193,409 | -€28,577 | -12.9% |
| Amounts payable within one year | 42/48 | €77,938 | €52,672 | -€25,265 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €28,013 | €28,577 | +€564 | +2.0% |
| Trade debts | 44 | €276 | €360 | +€84 | +30.6% |
| Suppliers | 440/4 | €276 | €360 | +€84 | +30.6% |
| Taxes, remuneration and social security | 45 | €26,581 | €23,735 | -€2,845 | -10.7% |
| Taxes | 450/3 | €26,581 | €21,811 | -€4,769 | -17.9% |
| Remuneration and social security | 454/9 | €0 | €1,924 | +€1,924 | |
| Other amounts payable | 47/48 | €23,068 | €0 | -€23,068 | -100% |
| Remuneration, social security and pensions | 62 | €26,215 | €27,947 | +€1,732 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,529 | €8,892 | +€6,362 | +252% |
| Other operating charges | 640/8 | €1,558 | €803 | -€756 | -48.5% |
| Gross operating margin | 9900 | €84,802 | €100,398 | +€15,596 | +18.4% |
| Operating profit (loss) | 9901 | €54,499 | €62,756 | +€8,258 | +15.2% |
| Financial income | 75/76B | €50,000 | €40,664 | -€9,336 | -18.7% |
| Recurring financial income | 75 | €50,000 | €40,664 | -€9,336 | -18.7% |
| Financial charges | 65/66B | €741 | €5,693 | +€4,952 | +668% |
| Recurring financial charges | 65 | €741 | €5,693 | +€4,952 | +668% |
| Profit (loss) for the period before taxes | 9903 | €103,758 | €97,728 | -€6,030 | -5.8% |
| Income taxes | 67/77 | €18,825 | €20,098 | +€1,273 | +6.8% |
| Profit (loss) for the period | 9904 | €84,933 | €77,630 | -€7,303 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,933 | €77,630 | -€7,303 | -8.6% |
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 13 October 2026 via checked.be.