GL CONSULTANCY: what changed
What changed
GL CONSULTANCY
filed annual accounts (NBB)
Net result for the year
€186,406
2016 · €28,357+€158,049
Equity
€248,868
2016 · €162,462+€86,406
Cash
€7,387
2016 · €11,405-€4,017
Balance sheet total
€973,987
2016 · €573,062+€400,926
Largest movements
Assets
- Receivables within one year +€403,818
up €403,818 (+250%), from €161,657 to €565,475
Equity and liabilities
- Debts within one year +€314,519
up €314,519 (+93.4%), from €336,709 to €651,229
- Profit (loss) carried forward +€86,406
up €86,406 (+61.4%), from €140,756 to €227,162
Income statement
- Gross operating margin +€193,523
up €193,523 (+112%), from €173,169 to €366,692
- Taxes +€23,437
up €23,437 (+142%), from €16,563 to €40,000
Change in the result, 2016 to 2017
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2016
€28,357
Gross operating margin
+€193,523
Depreciation
+€911
Other operating items
-€13,314
Financial charges
-€222
Other financial items
+€588
Taxes
-€23,437
Result 2017
€186,406
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2016 and 2017 balance sheets and the 2017 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€97,419
Investment
-€934
Financing
-€100,000
Cash 2016
€11,405
From operations (derived)
+€97,419
Net result for the year
+€186,406
Depreciation
+€311
Receivables within one year
-€403,818
Debts within one year
+€314,519
Investment (derived)
-€934
Investment in fixed assets (net)
-€934
Financing
-€100,000
Contributions, distributions and other
-€100,000
Not broken down
-€503
Cash 2017
€7,387
brings cash intakes cash outdifference in the filed balance sheets themselves
Every line side by side
| Line | Code | 2016 | 2017 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €573,062 | €973,987 | +€400,926 | +70.0% |
| Fixed assets | 21/28 | €400,000 | €400,623 | +€623 | +0.2% |
| Tangible fixed assets | 22/27 | - | €623 | +€623 | |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €173,062 | €573,365 | +€400,303 | +231% |
| Amounts receivable within one year | 40/41 | €161,657 | €565,475 | +€403,818 | +250% |
| Cash at bank and in hand | 54/58 | €11,405 | €7,387 | -€4,017 | -35.2% |
| Total equity and liabilities | 10/49 | €573,062 | €973,987 | +€400,926 | +70.0% |
| Equity | 10/15 | €162,462 | €248,868 | +€86,406 | +53.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,106 | €3,106 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,756 | €227,162 | +€86,406 | +61.4% |
| Provisions and deferred taxes | 16 | €73,891 | €73,891 | = | 0.0% |
| Amounts payable | 17/49 | €336,709 | €651,229 | +€314,519 | +93.4% |
| Amounts payable within one year | 42/48 | €336,709 | €651,229 | +€314,519 | +93.4% |
| Trade debts | 44 | €119,009 | €153,292 | +€34,283 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,222 | €311 | -€911 | -74.5% |
| Gross operating margin | 9900 | €173,169 | €366,692 | +€193,523 | +112% |
| Operating profit (loss) | 9901 | €45,508 | €226,629 | +€181,120 | +398% |
| Recurring financial charges | 65 | - | €222 | +€222 | |
| Profit (loss) for the period before taxes | 9903 | €44,920 | €226,406 | +€181,486 | +404% |
| Income taxes | 67/77 | €16,563 | €40,000 | +€23,437 | +142% |
| Profit (loss) for the period | 9904 | €28,357 | €186,406 | +€158,049 | +557% |
| Profit (loss) for the period to be appropriated | 9905 | €28,357 | €186,406 | +€158,049 | +557% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2016 and 31 December 2017. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.