GHTBM 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.
GHTBM CONSULTING
Largest movements
- Cash +€54,885
up €54,885 (+799%), from €6,866 to €61,752
mainly Investment in fixed assets (net) (+€31,571) and Net result for the year (+€30,155)
- Tangible fixed assets -€37,982
down €37,982 (-56.1%), from €67,736 to €29,754
of which Furniture and vehicles: -€37,940
- Receivables within one year -€3,723
down €3,723 (-70.2%), from €5,301 to €1,578
- Deferred charges and accrued income +€2,839
up €2,839 (+365%), from €779 to €3,618
- Reserves +€28,941
up €28,941 (+54.6%), from €53,000 to €81,941
- Other debts -€20,689
no longer reported in 2025 (was €20,689)
- Tax, wage and social debts +€7,954
up €7,954 (+4,357%), from €183 to €8,137
- Trade debts -€1,402
down €1,402 (-27.9%), from €5,025 to €3,623
- Profit (loss) carried forward +€1,214
no longer reported in 2025 (was -€1,214)
- Gross operating margin +€46,246
up €46,246 (+340%), from €13,591 to €59,837
- Other operating charges +€13,257
up €13,257 (+2,656%), from €499 to €13,757
- Depreciation -€7,870
down €7,870 (-55.1%), from €14,280 to €6,411
- Taxes +€7,772
up €7,772 (+4,257%), from €183 to €7,954
- Financial charges +€956
up €956 (+158%), from €604 to €1,560
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
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 | €80,683 | €96,702 | +€16,019 | +19.9% |
| Fixed assets | 21/28 | €67,736 | €29,754 | -€37,982 | -56.1% |
| Tangible fixed assets | 22/27 | €67,736 | €29,754 | -€37,982 | -56.1% |
| Plant, machinery and equipment | 23 | €7,618 | €7,576 | -€42 | -0.6% |
| Furniture and vehicles | 24 | €60,118 | €22,178 | -€37,940 | -63.1% |
| Current assets | 29/58 | €12,947 | €66,948 | +€54,001 | +417% |
| Amounts receivable within one year | 40/41 | €5,301 | €1,578 | -€3,723 | -70.2% |
| Other amounts receivable | 41 | €5,301 | €1,578 | -€3,723 | -70.2% |
| Cash at bank and in hand | 54/58 | €6,866 | €61,752 | +€54,885 | +799% |
| Deferred charges and accrued income | 490/1 | €779 | €3,618 | +€2,839 | +365% |
| Total equity and liabilities | 10/49 | €80,683 | €96,702 | +€16,019 | +19.9% |
| Equity | 10/15 | €54,786 | €84,941 | +€30,155 | +55.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,000 | €81,941 | +€28,941 | +54.6% |
| Distributable reserves | 133 | €53,000 | €81,941 | +€28,941 | +54.6% |
| Profit (loss) carried forward | 14 | -€1,214 | - | +€1,214 | |
| Amounts payable | 17/49 | €25,897 | €11,760 | -€14,137 | -54.6% |
| Amounts payable within one year | 42/48 | €25,897 | €11,760 | -€14,137 | -54.6% |
| Trade debts | 44 | €5,025 | €3,623 | -€1,402 | -27.9% |
| Suppliers | 440/4 | €5,025 | €3,623 | -€1,402 | -27.9% |
| Taxes, remuneration and social security | 45 | €183 | €8,137 | +€7,954 | +4,357% |
| Taxes | 450/3 | €183 | €8,137 | +€7,954 | +4,357% |
| Other amounts payable | 47/48 | €20,689 | - | -€20,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,280 | €6,411 | -€7,870 | -55.1% |
| Other operating charges | 640/8 | €499 | €13,757 | +€13,257 | +2,656% |
| Gross operating margin | 9900 | €13,591 | €59,837 | +€46,246 | +340% |
| Operating profit (loss) | 9901 | -€1,189 | €39,670 | +€40,858 | |
| Financial income | 75/76B | €70 | - | -€70 | |
| Recurring financial income | 75 | €70 | - | -€70 | |
| Financial charges | 65/66B | €604 | €1,560 | +€956 | +158% |
| Recurring financial charges | 65 | €604 | €1,560 | +€956 | +158% |
| Profit (loss) for the period before taxes | 9903 | -€1,723 | €38,109 | +€39,832 | |
| Income taxes | 67/77 | €183 | €7,954 | +€7,772 | +4,257% |
| Profit (loss) for the period | 9904 | -€1,905 | €30,155 | +€32,060 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,905 | €30,155 | +€32,060 |
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 26 October 2026 via checked.be.