GIB CONSULT: 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.
GIB CONSULT
Largest movements
- Receivables within one year -€55,240
down €55,240 (-38.0%), from €145,194 to €89,954
of which Trade receivables: -€53,835
- Cash -€14,576
down €14,576 (-13.9%), from €105,097 to €90,521
mainly Trade debts (-€52,593) and Tax, wage and social debts (-€22,375)
- Tangible fixed assets -€3,976
down €3,976 (-83.0%), from €4,788 to €812
of which Furniture and vehicles: -€2,399
- Trade debts -€52,593
down €52,593 (-54.1%), from €97,134 to €44,541
of which Suppliers: -€43,600
- Tax, wage and social debts -€22,375
down €22,375 (-68.3%), from €32,748 to €10,373
- Staff costs -€61,483
down €61,483 (-99.9%), from €61,566 to €82
- Gross operating margin -€55,117
down €55,117 (-58.9%), from €93,572 to €38,455
- Depreciation -€14,763
down €14,763 (-95.5%), from €15,458 to €695
- Financial income -€4,220
down €4,220 (-61.0%), from €6,918 to €2,699
- Taxes +€2,471
up €2,471 (+45.2%), from €5,464 to €7,935
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 | €255,385 | €181,964 | -€73,422 | -28.7% |
| Fixed assets | 21/28 | €4,788 | €812 | -€3,976 | -83.0% |
| Tangible fixed assets | 22/27 | €4,788 | €812 | -€3,976 | -83.0% |
| Land and buildings | 22 | €1,578 | - | -€1,578 | |
| Furniture and vehicles | 24 | €3,210 | €812 | -€2,399 | -74.7% |
| Current assets | 29/58 | €250,597 | €181,152 | -€69,445 | -27.7% |
| Amounts receivable within one year | 40/41 | €145,194 | €89,954 | -€55,240 | -38.0% |
| Trade receivables | 40 | €119,661 | €65,826 | -€53,835 | -45.0% |
| Other amounts receivable | 41 | €25,533 | €24,127 | -€1,406 | -5.5% |
| Cash at bank and in hand | 54/58 | €105,097 | €90,521 | -€14,576 | -13.9% |
| Deferred charges and accrued income | 490/1 | €306 | €677 | +€371 | +121.6% |
| Total equity and liabilities | 10/49 | €255,385 | €181,964 | -€73,422 | -28.7% |
| Equity | 10/15 | €125,201 | €126,105 | +€904 | +0.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,741 | €105,645 | +€904 | +0.9% |
| Amounts payable | 17/49 | €130,184 | €55,859 | -€74,326 | -57.1% |
| Amounts payable within one year | 42/48 | €130,184 | €55,859 | -€74,326 | -57.1% |
| Trade debts | 44 | €97,134 | €44,541 | -€52,593 | -54.1% |
| Suppliers | 440/4 | €88,141 | €44,541 | -€43,600 | -49.5% |
| Bills of exchange payable | 441 | €8,993 | - | -€8,993 | |
| Taxes, remuneration and social security | 45 | €32,748 | €10,373 | -€22,375 | -68.3% |
| Taxes | 450/3 | €32,748 | €10,373 | -€22,375 | -68.3% |
| Other amounts payable | 47/48 | €302 | €945 | +€643 | +212.9% |
| Non-recurring operating income | 76A | €13,002 | - | -€13,002 | |
| Remuneration, social security and pensions | 62 | €61,566 | €82 | -€61,483 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,458 | €695 | -€14,763 | -95.5% |
| Other operating charges | 640/8 | €2,017 | €3,018 | +€1,001 | +49.6% |
| Non-recurring operating charges | 66A | - | €4,089 | +€4,089 | |
| Gross operating margin | 9900 | €93,572 | €38,455 | -€55,117 | -58.9% |
| Operating profit (loss) | 9901 | €14,531 | €30,571 | +€16,041 | +110.4% |
| Financial income | 75/76B | €6,918 | €2,699 | -€4,220 | -61.0% |
| Recurring financial income | 75 | €6,918 | €2,699 | -€4,220 | -61.0% |
| Financial charges | 65/66B | €4,947 | €4,431 | -€516 | -10.4% |
| Recurring financial charges | 65 | €4,947 | €4,431 | -€516 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €16,502 | €28,839 | +€12,336 | +74.8% |
| Income taxes | 67/77 | €5,464 | €7,935 | +€2,471 | +45.2% |
| Profit (loss) for the period | 9904 | €11,039 | €20,904 | +€9,865 | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,039 | €20,904 | +€9,865 | +89.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.