GLECO 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.
GLECO Consulting
Largest movements
- Cash +€64,804
up €64,804 (+310%), from €20,878 to €85,681
mainly Net result for the year (+€57,892) and Tax, wage and social debts (+€8,135)
- Receivables within one year +€1,385
up €1,385 (+5.8%), from €24,025 to €25,410
- Reserves +€57,892
up €57,892 (+235%), from €24,649 to €82,541
- Tax, wage and social debts +€8,135
up €8,135 (+50.8%), from €16,020 to €24,156
- Gross operating margin +€42,641
up €42,641 (+133%), from €31,960 to €74,601
- Taxes +€8,808
up €8,808 (+138%), from €6,376 to €15,184
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 | €47,984 | €114,651 | +€66,667 | +139% |
| Fixed assets | 21/28 | - | €474 | +€474 | |
| Tangible fixed assets | 22/27 | - | €474 | +€474 | |
| Furniture and vehicles | 24 | - | €474 | +€474 | |
| Current assets | 29/58 | €47,984 | €114,177 | +€66,193 | +138% |
| Amounts receivable within one year | 40/41 | €24,025 | €25,410 | +€1,385 | +5.8% |
| Trade receivables | 40 | €24,025 | €25,410 | +€1,385 | +5.8% |
| Cash at bank and in hand | 54/58 | €20,878 | €85,681 | +€64,804 | +310% |
| Deferred charges and accrued income | 490/1 | €3,081 | €3,086 | +€4 | +0.1% |
| Total equity and liabilities | 10/49 | €47,984 | €114,651 | +€66,667 | +139% |
| Equity | 10/15 | €29,649 | €87,541 | +€57,892 | +195% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,649 | €82,541 | +€57,892 | +235% |
| Distributable reserves | 133 | €24,649 | €82,541 | +€57,892 | +235% |
| Amounts payable | 17/49 | €18,335 | €27,109 | +€8,775 | +47.9% |
| Amounts payable within one year | 42/48 | €18,335 | €27,109 | +€8,775 | +47.9% |
| Trade debts | 44 | €2,314 | €2,954 | +€639 | +27.6% |
| Suppliers | 440/4 | €2,314 | €2,954 | +€639 | +27.6% |
| Taxes, remuneration and social security | 45 | €16,020 | €24,156 | +€8,135 | +50.8% |
| Taxes | 450/3 | €16,020 | €24,156 | +€8,135 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €228 | +€228 | |
| Other operating charges | 640/8 | €103 | €115 | +€12 | +11.7% |
| Gross operating margin | 9900 | €31,960 | €74,601 | +€42,641 | +133% |
| Operating profit (loss) | 9901 | €31,857 | €74,258 | +€42,401 | +133% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €831 | €1,271 | +€439 | +52.8% |
| Recurring financial charges | 65 | €831 | €1,271 | +€439 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €31,026 | €73,076 | +€42,050 | +136% |
| Income taxes | 67/77 | €6,376 | €15,184 | +€8,808 | +138% |
| Profit (loss) for the period | 9904 | €24,649 | €57,892 | +€33,243 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €24,649 | €57,892 | +€33,243 | +135% |
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 26 October 2026 via checked.be.