GHo Consulting: what changed
Two fiscal 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.
GHo Consulting
Largest movements
- Intangible fixed assets +€44,658
new in 2025: €44,658
- Receivables within one year +€6,902
up €6,902 (+100.0%), from €6,901 to €13,804
- Cash +€3,792
up €3,792 (+202.1%), from €1,876 to €5,668
mainly Current portion of long-term debt (+€22,250) and Net result for the year (+€15,505)
- Current portion of long-term debt +€22,250
new in 2025: €22,250
- Profit (loss) carried forward +€15,505
up €15,505 (+1209.4%), from €1,282 to €16,787
- Tax, wage and social debts +€13,545
up €13,545 (+199.1%), from €6,802 to €20,347
of which Taxes: +€15,045
- Trade debts +€2,604
up €2,604 (+181.2%), from €1,437 to €4,040
- Other debts +€1,031
new in 2025: €1,031
- Gross operating margin +€30,268
up €30,268 (+1682.0%), from €1,799 to €32,067
- Staff costs +€6,467
new in 2025: €6,467
- Depreciation +€5,342
new in 2025: €5,342
- Taxes +€3,826
up €3,826 (+1058.7%), from €361 to €4,188
- Other operating charges +€487
new in 2025: €487
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 | €11,520 | €66,624 | +€55,103 | +478.3% |
| Fixed assets | 21/28 | - | €44,658 | +€44,658 | |
| Intangible fixed assets | 21 | - | €44,658 | +€44,658 | |
| Current assets | 29/58 | €11,520 | €21,966 | +€10,446 | +90.7% |
| Amounts receivable within one year | 40/41 | €6,901 | €13,804 | +€6,902 | +100.0% |
| Trade receivables | 40 | €6,901 | €13,804 | +€6,902 | +100.0% |
| Cash at bank and in hand | 54/58 | €1,876 | €5,668 | +€3,792 | +202.1% |
| Deferred charges and accrued income | 490/1 | €2,743 | €2,494 | -€249 | -9.1% |
| Total equity and liabilities | 10/49 | €11,520 | €66,624 | +€55,103 | +478.3% |
| Equity | 10/15 | €3,282 | €18,787 | +€15,505 | +472.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,282 | €16,787 | +€15,505 | +1209.4% |
| Amounts payable | 17/49 | €8,238 | €47,836 | +€39,598 | +480.7% |
| Amounts payable within one year | 42/48 | €8,238 | €47,668 | +€39,430 | +478.6% |
| Current portion of amounts payable after more than one year | 42 | - | €22,250 | +€22,250 | |
| Trade debts | 44 | €1,437 | €4,040 | +€2,604 | +181.2% |
| Suppliers | 440/4 | €1,437 | €4,040 | +€2,604 | +181.2% |
| Taxes, remuneration and social security | 45 | €6,802 | €20,347 | +€13,545 | +199.1% |
| Taxes | 450/3 | €5,302 | €20,347 | +€15,045 | +283.8% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | - | €1,031 | +€1,031 | |
| Accrued charges and deferred income | 492/3 | - | €168 | +€168 | |
| Remuneration, social security and pensions | 62 | - | €6,467 | +€6,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,342 | +€5,342 | |
| Other operating charges | 640/8 | - | €487 | +€487 | |
| Gross operating margin | 9900 | €1,799 | €32,067 | +€30,268 | +1682.0% |
| Operating profit (loss) | 9901 | €1,799 | €19,770 | +€17,971 | +998.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €157 | €77 | -€80 | -50.8% |
| Recurring financial charges | 65 | €157 | €77 | -€80 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €1,643 | €19,693 | +€18,050 | +1098.3% |
| Income taxes | 67/77 | €361 | €4,188 | +€3,826 | +1058.7% |
| Profit (loss) for the period | 9904 | €1,282 | €15,505 | +€14,223 | +1109.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,282 | €15,505 | +€14,223 | +1109.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.