GLC CONSULT: 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.
GLC CONSULT
Largest movements
- Cash +€91,561
up €91,561 (+48.2%), from €190,025 to €281,586
mainly Debts after one year (+€75,000) and Net result for the year (+€68,614)
- Debts after one year +€75,000
new in 2025: €75,000
- Other debts +€19,930
up €19,930 (+50.6%), from €39,418 to €59,348
- Reserves +€9,370
up €9,370 (+2.5%), from €371,011 to €380,380
of which Distributable reserves: +€9,370
- Tax, wage and social debts -€7,972
down €7,972 (-27.0%), from €29,509 to €21,537
- Gross operating margin -€39,416
down €39,416 (-24.1%), from €163,866 to €124,451
- Taxes -€8,729
down €8,729 (-19.5%), from €44,834 to €36,105
- Financial income +€1,675
up €1,675 (+319%), from €526 to €2,200
of which Non-recurring financial income: +€870
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 | €468,784 | €561,299 | +€92,515 | +19.7% |
| Fixed assets | 21/28 | €214,177 | €215,008 | +€831 | +0.4% |
| Tangible fixed assets | 22/27 | €214,177 | €215,008 | +€831 | +0.4% |
| Land and buildings | 22 | €160,253 | €156,301 | -€3,952 | -2.5% |
| Plant, machinery and equipment | 23 | €1,299 | €1,018 | -€280 | -21.6% |
| Furniture and vehicles | 24 | €52,625 | €57,689 | +€5,063 | +9.6% |
| Current assets | 29/58 | €254,608 | €346,292 | +€91,684 | +36.0% |
| Amounts receivable within one year | 40/41 | €59,548 | €61,969 | +€2,421 | +4.1% |
| Trade receivables | 40 | €59,548 | €61,969 | +€2,421 | +4.1% |
| Cash at bank and in hand | 54/58 | €190,025 | €281,586 | +€91,561 | +48.2% |
| Deferred charges and accrued income | 490/1 | €5,035 | €2,737 | -€2,298 | -45.6% |
| Total equity and liabilities | 10/49 | €468,784 | €561,299 | +€92,515 | +19.7% |
| Equity | 10/15 | €389,611 | €398,980 | +€9,370 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €371,011 | €380,380 | +€9,370 | +2.5% |
| Non-distributable reserves | 130/1 | €1,400 | €1,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,400 | €1,400 | = | 0.0% |
| Distributable reserves | 133 | €369,611 | €378,980 | +€9,370 | +2.5% |
| Amounts payable | 17/49 | €79,174 | €162,319 | +€83,145 | +105% |
| Amounts payable after more than one year | 17 | - | €75,000 | +€75,000 | |
| Other amounts payable | 178/9 | - | €75,000 | +€75,000 | |
| Amounts payable within one year | 42/48 | €79,174 | €87,319 | +€8,145 | +10.3% |
| Financial debts | 43 | €3,346 | €3,400 | +€53 | +1.6% |
| Credit institutions | 430/8 | €3,346 | €3,400 | +€53 | +1.6% |
| Trade debts | 44 | €6,900 | €3,034 | -€3,866 | -56.0% |
| Suppliers | 440/4 | €6,900 | €3,034 | -€3,866 | -56.0% |
| Taxes, remuneration and social security | 45 | €29,509 | €21,537 | -€7,972 | -27.0% |
| Taxes | 450/3 | €29,509 | €21,537 | -€7,972 | -27.0% |
| Other amounts payable | 47/48 | €39,418 | €59,348 | +€19,930 | +50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,585 | €18,393 | -€192 | -1.0% |
| Other operating charges | 640/8 | €1,242 | €1,542 | +€300 | +24.1% |
| Gross operating margin | 9900 | €163,866 | €124,451 | -€39,416 | -24.1% |
| Operating profit (loss) | 9901 | €144,039 | €104,515 | -€39,524 | -27.4% |
| Financial income | 75/76B | €526 | €2,200 | +€1,675 | +319% |
| Recurring financial income | 75 | €526 | €1,330 | +€805 | +153% |
| Non-recurring financial income | 76B | - | €870 | +€870 | |
| Financial charges | 65/66B | €2,275 | €1,997 | -€278 | -12.2% |
| Recurring financial charges | 65 | €2,275 | €1,997 | -€278 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €142,290 | €104,719 | -€37,571 | -26.4% |
| Income taxes | 67/77 | €44,834 | €36,105 | -€8,729 | -19.5% |
| Profit (loss) for the period | 9904 | €97,456 | €68,614 | -€28,842 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €97,456 | €68,614 | -€28,842 | -29.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.