GL 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.
GL CONSULTING
Largest movements
- Cash +€65,836
up €65,836 (+88.6%), from €74,285 to €140,121
mainly Net result for the year (+€56,070) and Receivables within one year (+€9,824)
- Receivables within one year -€9,824
down €9,824 (-20.2%), from €48,646 to €38,822
of which Trade receivables: -€12,564
- Tangible fixed assets -€2,107
down €2,107 (-25.1%), from €8,385 to €6,278
of which Plant, machinery and equipment: -€1,401
- Reserves +€56,070
up €56,070 (+51.5%), from €108,831 to €164,901
- Taxes -€17,011
down €17,011, from €14,271 to -€2,740
- Gross operating margin -€13,704
down €13,704 (-19.2%), from €71,547 to €57,843
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 | €132,585 | €186,491 | +€53,906 | +40.7% |
| Fixed assets | 21/28 | €8,385 | €6,278 | -€2,107 | -25.1% |
| Tangible fixed assets | 22/27 | €8,385 | €6,278 | -€2,107 | -25.1% |
| Plant, machinery and equipment | 23 | €6,004 | €4,602 | -€1,401 | -23.3% |
| Furniture and vehicles | 24 | €2,381 | €1,676 | -€706 | -29.6% |
| Current assets | 29/58 | €124,200 | €180,213 | +€56,012 | +45.1% |
| Amounts receivable within one year | 40/41 | €48,646 | €38,822 | -€9,824 | -20.2% |
| Trade receivables | 40 | €47,916 | €35,352 | -€12,564 | -26.2% |
| Other amounts receivable | 41 | €730 | €3,470 | +€2,740 | +375.7% |
| Cash at bank and in hand | 54/58 | €74,285 | €140,121 | +€65,836 | +88.6% |
| Deferred charges and accrued income | 490/1 | €1,270 | €1,270 | = | 0.0% |
| Total equity and liabilities | 10/49 | €132,585 | €186,491 | +€53,906 | +40.7% |
| Equity | 10/15 | €113,831 | €169,901 | +€56,070 | +49.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,831 | €164,901 | +€56,070 | +51.5% |
| Distributable reserves | 133 | €108,831 | €164,901 | +€56,070 | +51.5% |
| Amounts payable | 17/49 | €18,755 | €16,590 | -€2,164 | -11.5% |
| Amounts payable within one year | 42/48 | €18,755 | €16,590 | -€2,164 | -11.5% |
| Trade debts | 44 | €2,606 | €2,056 | -€550 | -21.1% |
| Suppliers | 440/4 | €2,606 | €2,056 | -€550 | -21.1% |
| Taxes, remuneration and social security | 45 | €14,972 | €13,484 | -€1,488 | -9.9% |
| Taxes | 450/3 | €11,918 | €10,431 | -€1,488 | -12.5% |
| Remuneration and social security | 454/9 | €3,053 | €3,053 | = | 0.0% |
| Other amounts payable | 47/48 | €1,178 | €1,051 | -€127 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,903 | €2,107 | +€204 | +10.7% |
| Other operating charges | 640/8 | €900 | €671 | -€229 | -25.5% |
| Gross operating margin | 9900 | €71,547 | €57,843 | -€13,704 | -19.2% |
| Operating profit (loss) | 9901 | €68,744 | €55,065 | -€13,679 | -19.9% |
| Financial income | 75/76B | €42 | €74 | +€33 | +78.1% |
| Recurring financial income | 75 | €42 | €74 | +€33 | +78.1% |
| Financial charges | 65/66B | €1,827 | €1,810 | -€17 | -1.0% |
| Recurring financial charges | 65 | €1,827 | €1,810 | -€17 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €66,958 | €53,329 | -€13,629 | -20.4% |
| Income taxes | 67/77 | €14,271 | -€2,740 | -€17,011 | |
| Profit (loss) for the period | 9904 | €52,688 | €56,070 | +€3,382 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,688 | €56,070 | +€3,382 | +6.4% |
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 3 October 2026 via checked.be.