GIJBELS 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.
GIJBELS CONSULTING
Largest movements
- Tangible fixed assets -€28,185
down €28,185 (-9.6%), from €293,509 to €265,324
of which Leasing and similar rights: -€17,872
- Cash +€19,000
up €19,000 (+31.1%), from €61,044 to €80,044
mainly Other debts (+€66,383) and Net result for the year (+€50,606)
- Receivables within one year +€16,430
up €16,430 (+31.5%), from €52,172 to €68,602
of which Other amounts receivable: +€14,816
- Receivables after one year -€5,084
down €5,084 (-49.1%), from €10,349 to €5,265
- Other debts +€66,383
new in 2025: €66,383
- Debts after one year -€33,344
down €33,344 (-18.4%), from €181,442 to €148,098
- Reserves -€24,346
down €24,346 (-14.6%), from €167,271 to €142,925
- Tax, wage and social debts -€8,408
down €8,408 (-25.6%), from €32,811 to €24,404
- Gross operating margin -€11,470
down €11,470 (-9.4%), from €122,126 to €110,655
- Taxes -€4,954
down €4,954 (-19.7%), from €25,199 to €20,245
- Financial charges -€1,294
down €1,294 (-11.9%), from €10,878 to €9,584
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 | €420,487 | €422,399 | +€1,912 | +0.5% |
| Fixed assets | 21/28 | €293,509 | €265,324 | -€28,185 | -9.6% |
| Tangible fixed assets | 22/27 | €293,509 | €265,324 | -€28,185 | -9.6% |
| Land and buildings | 22 | €223,327 | €215,694 | -€7,633 | -3.4% |
| Plant, machinery and equipment | 23 | €2,100 | €1,851 | -€248 | -11.8% |
| Furniture and vehicles | 24 | €5,652 | €3,221 | -€2,431 | -43.0% |
| Leasing and similar rights | 25 | €62,431 | €44,559 | -€17,872 | -28.6% |
| Current assets | 29/58 | €126,978 | €157,074 | +€30,097 | +23.7% |
| Amounts receivable after more than one year | 29 | €10,349 | €5,265 | -€5,084 | -49.1% |
| Other amounts receivable | 291 | €10,349 | €5,265 | -€5,084 | -49.1% |
| Amounts receivable within one year | 40/41 | €52,172 | €68,602 | +€16,430 | +31.5% |
| Trade receivables | 40 | €35,045 | €36,660 | +€1,615 | +4.6% |
| Other amounts receivable | 41 | €17,127 | €31,943 | +€14,816 | +86.5% |
| Cash at bank and in hand | 54/58 | €61,044 | €80,044 | +€19,000 | +31.1% |
| Deferred charges and accrued income | 490/1 | €3,413 | €3,163 | -€249 | -7.3% |
| Total equity and liabilities | 10/49 | €420,487 | €422,399 | +€1,912 | +0.5% |
| Equity | 10/15 | €172,271 | €147,925 | -€24,346 | -14.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €167,271 | €142,925 | -€24,346 | -14.6% |
| Distributable reserves | 133 | €167,271 | €142,925 | -€24,346 | -14.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €248,216 | €274,474 | +€26,258 | +10.6% |
| Amounts payable after more than one year | 17 | €181,442 | €148,098 | -€33,344 | -18.4% |
| Financial debts | 170/4 | €181,442 | €148,098 | -€33,344 | -18.4% |
| Amounts payable within one year | 42/48 | €66,324 | €125,842 | +€59,517 | +89.7% |
| Current portion of amounts payable after more than one year | 42 | €31,871 | €33,344 | +€1,473 | +4.6% |
| Trade debts | 44 | €1,642 | €1,711 | +€69 | +4.2% |
| Suppliers | 440/4 | €1,642 | €1,711 | +€69 | +4.2% |
| Taxes, remuneration and social security | 45 | €32,811 | €24,404 | -€8,408 | -25.6% |
| Taxes | 450/3 | €32,811 | €24,404 | -€8,408 | -25.6% |
| Other amounts payable | 47/48 | - | €66,383 | +€66,383 | |
| Accrued charges and deferred income | 492/3 | €449 | €534 | +€85 | +18.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,109 | €28,185 | +€76 | +0.3% |
| Other operating charges | 640/8 | €3,536 | €3,373 | -€163 | -4.6% |
| Gross operating margin | 9900 | €122,126 | €110,655 | -€11,470 | -9.4% |
| Operating profit (loss) | 9901 | €90,481 | €79,097 | -€11,384 | -12.6% |
| Financial income | 75/76B | €1,119 | €1,338 | +€219 | +19.5% |
| Recurring financial income | 75 | €1,119 | €1,338 | +€219 | +19.5% |
| Financial charges | 65/66B | €10,878 | €9,584 | -€1,294 | -11.9% |
| Recurring financial charges | 65 | €10,878 | €9,584 | -€1,294 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €80,722 | €70,851 | -€9,871 | -12.2% |
| Income taxes | 67/77 | €25,199 | €20,245 | -€4,954 | -19.7% |
| Profit (loss) for the period | 9904 | €55,523 | €50,606 | -€4,917 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,523 | €50,606 | -€4,917 | -8.9% |
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 27 October 2026 via checked.be.