GN 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.
GN Consult
Largest movements
- Receivables within one year +€66,647
up €66,647 (+121.0%), from €55,095 to €121,742
of which Trade receivables: +€65,815
- Tangible fixed assets -€50,504
down €50,504 (-42.1%), from €119,884 to €69,380
of which Furniture and vehicles: -€48,710
- Cash -€16,115
down €16,115 (-56.4%), from €28,593 to €12,478
mainly Receivables within one year (-€66,647) and Net result for the year (-€9,687)
- Other debts +€15,208
up €15,208 (+22.3%), from €68,308 to €83,516
- Profit (loss) carried forward -€9,687
down €9,687 (-7.6%), from €127,358 to €117,671
- Tax, wage and social debts -€8,069
down €8,069 (-85.8%), from €9,402 to €1,333
of which Remuneration and social security: -€6,660
- Write-downs +€55,073
new in 2025: €55,073
- Gross operating margin +€31,148
up €31,148 (+47.7%), from €65,336 to €96,484
- Depreciation -€10,911
down €10,911 (-17.8%), from €61,414 to €50,504
- Taxes -€1,118
no longer reported in 2025 (was €1,118)
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 | €205,569 | €204,812 | -€756 | -0.4% |
| Fixed assets | 21/28 | €119,884 | €69,380 | -€50,504 | -42.1% |
| Tangible fixed assets | 22/27 | €119,884 | €69,380 | -€50,504 | -42.1% |
| Land and buildings | 22 | €268 | - | -€268 | |
| Furniture and vehicles | 24 | €112,889 | €64,179 | -€48,710 | -43.1% |
| Other tangible fixed assets | 26 | €6,727 | €5,201 | -€1,525 | -22.7% |
| Current assets | 29/58 | €85,685 | €135,432 | +€49,747 | +58.1% |
| Amounts receivable within one year | 40/41 | €55,095 | €121,742 | +€66,647 | +121.0% |
| Trade receivables | 40 | €55,095 | €120,910 | +€65,815 | +119.5% |
| Other amounts receivable | 41 | - | €832 | +€832 | |
| Cash at bank and in hand | 54/58 | €28,593 | €12,478 | -€16,115 | -56.4% |
| Deferred charges and accrued income | 490/1 | €1,997 | €1,212 | -€785 | -39.3% |
| Total equity and liabilities | 10/49 | €205,569 | €204,812 | -€756 | -0.4% |
| Equity | 10/15 | €127,858 | €118,171 | -€9,687 | -7.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | - | €500 | +€500 | |
| Other | 1109/19 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €127,358 | €117,671 | -€9,687 | -7.6% |
| Amounts payable | 17/49 | €77,710 | €86,641 | +€8,931 | +11.5% |
| Amounts payable within one year | 42/48 | €77,710 | €86,641 | +€8,931 | +11.5% |
| Trade debts | 44 | - | €1,792 | +€1,792 | |
| Suppliers | 440/4 | - | €1,792 | +€1,792 | |
| Taxes, remuneration and social security | 45 | €9,402 | €1,333 | -€8,069 | -85.8% |
| Taxes | 450/3 | €2,742 | €1,333 | -€1,409 | -51.4% |
| Remuneration and social security | 454/9 | €6,660 | - | -€6,660 | |
| Other amounts payable | 47/48 | €68,308 | €83,516 | +€15,208 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,414 | €50,504 | -€10,911 | -17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €55,073 | +€55,073 | |
| Other operating charges | 640/8 | - | €505 | +€505 | |
| Gross operating margin | 9900 | €65,336 | €96,484 | +€31,148 | +47.7% |
| Operating profit (loss) | 9901 | €3,922 | -€9,597 | -€13,519 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €33 | €90 | +€57 | +168.9% |
| Recurring financial charges | 65 | €33 | €90 | +€57 | +168.9% |
| Profit (loss) for the period before taxes | 9903 | €3,892 | -€9,687 | -€13,579 | |
| Income taxes | 67/77 | €1,118 | - | -€1,118 | |
| Profit (loss) for the period | 9904 | €2,774 | -€9,687 | -€12,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,774 | -€9,687 | -€12,461 |
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 10 October 2026 via checked.be.