GLK 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.
GLK CONSULT
Largest movements
- Cash -€86,028
down €86,028 (-15.0%), from €574,116 to €488,088
mainly Contributions, distributions and other (-€140,733) and Receivables within one year (-€25,422)
- Receivables within one year +€25,422
up €25,422 (+120.4%), from €21,115 to €46,536
of which Trade receivables: +€15,486
- Reserves -€87,026
down €87,026 (-12.5%), from €697,817 to €610,791
- Other debts +€27,814
up €27,814 (+25.0%), from €111,298 to €139,111
- Gross operating margin -€207,119
down €207,119 (-73.8%), from €280,636 to €73,517
- Taxes -€64,593
down €64,593 (-75.2%), from €85,905 to €21,311
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 | €858,571 | €799,329 | -€59,243 | -6.9% |
| Fixed assets | 21/28 | €602 | €1,350 | +€748 | +124.2% |
| Tangible fixed assets | 22/27 | €602 | €1,350 | +€748 | +124.2% |
| Plant, machinery and equipment | 23 | €602 | €1,350 | +€748 | +124.2% |
| Current assets | 29/58 | €857,969 | €797,979 | -€59,990 | -7.0% |
| Amounts receivable within one year | 40/41 | €21,115 | €46,536 | +€25,422 | +120.4% |
| Trade receivables | 40 | €19,715 | €35,201 | +€15,486 | +78.5% |
| Other amounts receivable | 41 | €1,400 | €11,336 | +€9,936 | +710.0% |
| Current investments | 50/53 | €256,846 | €258,853 | +€2,008 | +0.8% |
| Cash at bank and in hand | 54/58 | €574,116 | €488,088 | -€86,028 | -15.0% |
| Deferred charges and accrued income | 490/1 | €5,893 | €4,501 | -€1,392 | -23.6% |
| Total equity and liabilities | 10/49 | €858,571 | €799,329 | -€59,243 | -6.9% |
| Equity | 10/15 | €727,817 | €640,791 | -€87,026 | -12.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €697,817 | €610,791 | -€87,026 | -12.5% |
| Distributable reserves | 133 | €697,817 | €610,791 | -€87,026 | -12.5% |
| Amounts payable | 17/49 | €130,754 | €158,538 | +€27,783 | +21.2% |
| Amounts payable within one year | 42/48 | €123,381 | €149,157 | +€25,776 | +20.9% |
| Trade debts | 44 | €1,110 | €3,009 | +€1,899 | +171.1% |
| Suppliers | 440/4 | €1,110 | €3,009 | +€1,899 | +171.1% |
| Taxes, remuneration and social security | 45 | €10,974 | €7,037 | -€3,937 | -35.9% |
| Taxes | 450/3 | €10,974 | €7,037 | -€3,937 | -35.9% |
| Other amounts payable | 47/48 | €111,298 | €139,111 | +€27,814 | +25.0% |
| Accrued charges and deferred income | 492/3 | €7,373 | €9,381 | +€2,008 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,102 | €1,636 | +€534 | +48.4% |
| Other operating charges | 640/8 | €169 | €244 | +€76 | +44.8% |
| Gross operating margin | 9900 | €280,636 | €73,517 | -€207,119 | -73.8% |
| Operating profit (loss) | 9901 | €279,365 | €71,637 | -€207,728 | -74.4% |
| Financial income | 75/76B | €3,614 | €6,283 | +€2,668 | +73.8% |
| Recurring financial income | 75 | €3,614 | €6,283 | +€2,668 | +73.8% |
| Financial charges | 65/66B | €2,368 | €2,901 | +€533 | +22.5% |
| Recurring financial charges | 65 | €2,368 | €2,901 | +€533 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €280,611 | €75,019 | -€205,593 | -73.3% |
| Income taxes | 67/77 | €85,905 | €21,311 | -€64,593 | -75.2% |
| Profit (loss) for the period | 9904 | €194,707 | €53,707 | -€141,000 | -72.4% |
| Profit (loss) for the period to be appropriated | 9905 | €194,707 | €53,707 | -€141,000 | -72.4% |
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 12 October 2026 via checked.be.