GLEVE 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.
GLEVE CONSULT
Largest movements
- Cash -€55,535
down €55,535 (-66.7%), from €83,280 to €27,746
mainly Net result for the year (-€42,992) and Receivables within one year (-€17,031)
- Receivables within one year +€17,031
up €17,031 (+200%), from €8,494 to €25,525
of which Trade receivables: +€25,331
- Tangible fixed assets +€1,224
up €1,224 (+9.4%), from €13,081 to €14,305
of which Furniture and vehicles: +€4,653
- Profit (loss) carried forward -€42,992
new in 2025: -€42,992
- Short-term financial debts +€3,777
up €3,777 (+1,337%), from €282 to €4,059
- Tax, wage and social debts +€2,578
up €2,578 (+38.2%), from €6,747 to €9,325
of which Taxes: +€2,903
- Other debts +€1,830
up €1,830 (+12.2%), from €15,021 to €16,851
- Trade debts -€1,320
down €1,320 (-21.2%), from €6,217 to €4,897
- Gross operating margin +€37,620
up €37,620, from -€28,062 to €9,558
- Staff costs +€11,219
up €11,219 (+33.6%), from €33,390 to €44,608
- Depreciation +€505
up €505 (+11.5%), from €4,395 to €4,900
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 | €109,062 | €72,934 | -€36,128 | -33.1% |
| Fixed assets | 21/28 | €13,081 | €15,235 | +€2,154 | +16.5% |
| Intangible fixed assets | 21 | - | €930 | +€930 | |
| Tangible fixed assets | 22/27 | €13,081 | €14,305 | +€1,224 | +9.4% |
| Plant, machinery and equipment | 23 | €1,868 | €1,270 | -€598 | -32.0% |
| Furniture and vehicles | 24 | €2,340 | €6,993 | +€4,653 | +199% |
| Other tangible fixed assets | 26 | €8,873 | €6,042 | -€2,831 | -31.9% |
| Current assets | 29/58 | €95,981 | €57,699 | -€38,282 | -39.9% |
| Amounts receivable within one year | 40/41 | €8,494 | €25,525 | +€17,031 | +200% |
| Trade receivables | 40 | €194 | €25,525 | +€25,331 | +13,084% |
| Other amounts receivable | 41 | €8,301 | - | -€8,301 | |
| Cash at bank and in hand | 54/58 | €83,280 | €27,746 | -€55,535 | -66.7% |
| Deferred charges and accrued income | 490/1 | €4,206 | €4,428 | +€222 | +5.3% |
| Total equity and liabilities | 10/49 | €109,062 | €72,934 | -€36,128 | -33.1% |
| Equity | 10/15 | €80,795 | €37,802 | -€42,992 | -53.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €62,245 | €62,245 | = | 0.0% |
| Distributable reserves | 133 | €62,245 | €62,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€42,992 | -€42,992 | |
| Amounts payable | 17/49 | €28,267 | €35,131 | +€6,864 | +24.3% |
| Amounts payable within one year | 42/48 | €28,267 | €35,131 | +€6,864 | +24.3% |
| Financial debts | 43 | €282 | €4,059 | +€3,777 | +1,337% |
| Credit institutions | 430/8 | €282 | €4,059 | +€3,777 | +1,337% |
| Trade debts | 44 | €6,217 | €4,897 | -€1,320 | -21.2% |
| Suppliers | 440/4 | €6,217 | €4,897 | -€1,320 | -21.2% |
| Taxes, remuneration and social security | 45 | €6,747 | €9,325 | +€2,578 | +38.2% |
| Taxes | 450/3 | €312 | €3,216 | +€2,903 | +930% |
| Remuneration and social security | 454/9 | €6,435 | €6,109 | -€325 | -5.1% |
| Other amounts payable | 47/48 | €15,021 | €16,851 | +€1,830 | +12.2% |
| Remuneration, social security and pensions | 62 | €33,390 | €44,608 | +€11,219 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,395 | €4,900 | +€505 | +11.5% |
| Other operating charges | 640/8 | €234 | €183 | -€51 | -21.8% |
| Gross operating margin | 9900 | -€28,062 | €9,558 | +€37,620 | |
| Operating profit (loss) | 9901 | -€66,081 | -€40,133 | +€25,948 | +39.3% |
| Financial charges | 65/66B | €2,496 | €2,560 | +€65 | +2.6% |
| Recurring financial charges | 65 | €2,496 | €2,560 | +€65 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€68,576 | -€42,693 | +€25,883 | +37.7% |
| Income taxes | 67/77 | €312 | €299 | -€13 | -4.3% |
| Profit (loss) for the period | 9904 | -€68,889 | -€42,992 | +€25,896 | +37.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,889 | -€42,992 | +€25,896 | +37.6% |
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 24 October 2026 via checked.be.