GLG CONSULT BVBA: 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.
GLG CONSULT BVBA
Largest movements
- Tangible fixed assets +€43,329
up €43,329 (+43.5%), from €99,500 to €142,829
of which Furniture and vehicles: +€54,170
- Cash -€7,010
down €7,010 (-17.6%), from €39,893 to €32,883
mainly Investment in fixed assets (net) (-€67,574) and Deferred charges and accrued income (-€179)
- Receivables within one year -€4,881
down €4,881 (-21.2%), from €22,974 to €18,093
of which Trade receivables: -€16,207
- Other debts +€19,029
new in 2025: €19,029
- Reserves +€11,870
up €11,870 (+8.4%), from €140,560 to €152,430
- Gross operating margin +€26,992
up €26,992 (+138%), from €19,521 to €46,513
- Depreciation +€10,537
up €10,537 (+76.9%), from €13,709 to €24,245
- Taxes +€5,624
up €5,624 (+152%), from €3,706 to €9,330
- Financial income -€1,571
down €1,571 (-72.8%), from €2,158 to €586
- Financial charges +€531
up €531 (+492%), from €108 to €639
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 | €163,499 | €195,116 | +€31,617 | +19.3% |
| Fixed assets | 21/28 | €99,500 | €142,829 | +€43,329 | +43.5% |
| Tangible fixed assets | 22/27 | €99,500 | €142,829 | +€43,329 | +43.5% |
| Furniture and vehicles | 24 | €1,919 | €56,090 | +€54,170 | +2,822% |
| Other tangible fixed assets | 26 | €97,581 | €86,739 | -€10,842 | -11.1% |
| Current assets | 29/58 | €63,999 | €52,287 | -€11,712 | -18.3% |
| Amounts receivable within one year | 40/41 | €22,974 | €18,093 | -€4,881 | -21.2% |
| Trade receivables | 40 | €16,207 | - | -€16,207 | |
| Other amounts receivable | 41 | €6,768 | €18,093 | +€11,326 | +167% |
| Cash at bank and in hand | 54/58 | €39,893 | €32,883 | -€7,010 | -17.6% |
| Deferred charges and accrued income | 490/1 | €1,132 | €1,311 | +€179 | +15.8% |
| Total equity and liabilities | 10/49 | €163,499 | €195,116 | +€31,617 | +19.3% |
| Equity | 10/15 | €156,444 | €168,324 | +€11,880 | +7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,560 | €152,430 | +€11,870 | +8.4% |
| Distributable reserves | 133 | €140,560 | €152,430 | +€11,870 | +8.4% |
| Profit (loss) carried forward | 14 | €3,484 | €3,494 | +€10 | +0.3% |
| Amounts payable | 17/49 | €7,055 | €26,792 | +€19,737 | +280% |
| Amounts payable within one year | 42/48 | €7,055 | €26,244 | +€19,189 | +272% |
| Trade debts | 44 | €7,055 | €7,214 | +€160 | +2.3% |
| Suppliers | 440/4 | €7,055 | €7,214 | +€160 | +2.3% |
| Other amounts payable | 47/48 | - | €19,029 | +€19,029 | |
| Accrued charges and deferred income | 492/3 | - | €548 | +€548 | |
| Non-recurring operating income | 76A | - | €25,698 | +€25,698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,709 | €24,245 | +€10,537 | +76.9% |
| Other operating charges | 640/8 | €678 | €1,004 | +€327 | +48.2% |
| Gross operating margin | 9900 | €19,521 | €46,513 | +€26,992 | +138% |
| Operating profit (loss) | 9901 | €5,135 | €21,263 | +€16,129 | +314% |
| Financial income | 75/76B | €2,158 | €586 | -€1,571 | -72.8% |
| Recurring financial income | 75 | €2,158 | €586 | -€1,571 | -72.8% |
| Financial charges | 65/66B | €108 | €639 | +€531 | +492% |
| Recurring financial charges | 65 | €108 | €639 | +€531 | +492% |
| Profit (loss) for the period before taxes | 9903 | €7,184 | €21,210 | +€14,026 | +195% |
| Income taxes | 67/77 | €3,706 | €9,330 | +€5,624 | +152% |
| Profit (loss) for the period | 9904 | €3,478 | €11,880 | +€8,401 | +242% |
| Profit (loss) for the period to be appropriated | 9905 | €3,478 | €11,880 | +€8,401 | +242% |
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 28 October 2026 via checked.be.