GNI CONSULT.ING: 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.
GNI CONSULT.ING
Largest movements
- Tangible fixed assets +€181,601
up €181,601 (+68.6%), from €264,639 to €446,240
- Cash -€61,930
down €61,930 (-38.4%), from €161,232 to €99,302
mainly Investment in fixed assets (net) (-€197,894) and Trade debts (-€59,937)
- Receivables within one year +€55,981
up €55,981 (+42.7%), from €130,987 to €186,968
of which Trade receivables: +€38,576
- Debts after one year +€189,739
up €189,739 (+103%), from €185,083 to €374,822
of which Financial debts: +€189,739
- Trade debts -€59,937
down €59,937 (-93.8%), from €63,927 to €3,991
- Reserves +€47,250
up €47,250 (+23.2%), from €203,360 to €250,610
- Tax, wage and social debts -€12,886
down €12,886 (-72.2%), from €17,838 to €4,952
- Current portion of long-term debt +€11,854
up €11,854 (+146%), from €8,112 to €19,966
- Gross operating margin -€38,237
down €38,237 (-27.4%), from €139,364 to €101,128
- Other operating charges -€32,446
down €32,446 (-94.9%), from €34,203 to €1,757
- Depreciation +€13,860
up €13,860 (+570%), from €2,432 to €16,293
- Financial charges +€9,286
up €9,286 (+213%), from €4,351 to €13,637
- Taxes -€9,270
down €9,270 (-29.4%), from €31,556 to €22,286
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 | €556,858 | €732,827 | +€175,969 | +31.6% |
| Fixed assets | 21/28 | €264,639 | €446,240 | +€181,601 | +68.6% |
| Tangible fixed assets | 22/27 | €264,639 | €446,240 | +€181,601 | +68.6% |
| Land and buildings | 22 | €264,639 | €446,240 | +€181,601 | +68.6% |
| Current assets | 29/58 | €292,219 | €286,587 | -€5,632 | -1.9% |
| Amounts receivable within one year | 40/41 | €130,987 | €186,968 | +€55,981 | +42.7% |
| Trade receivables | 40 | €130,968 | €169,543 | +€38,576 | +29.5% |
| Other amounts receivable | 41 | €19 | €17,425 | +€17,406 | +92,095% |
| Cash at bank and in hand | 54/58 | €161,232 | €99,302 | -€61,930 | -38.4% |
| Deferred charges and accrued income | 490/1 | - | €317 | +€317 | |
| Total equity and liabilities | 10/49 | €556,858 | €732,827 | +€175,969 | +31.6% |
| Equity | 10/15 | €281,803 | €321,596 | +€39,793 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,360 | €250,610 | +€47,250 | +23.2% |
| Distributable reserves | 133 | €203,360 | €250,610 | +€47,250 | +23.2% |
| Profit (loss) carried forward | 14 | €59,843 | €52,386 | -€7,457 | -12.5% |
| Amounts payable | 17/49 | €275,055 | €411,231 | +€136,176 | +49.5% |
| Amounts payable after more than one year | 17 | €185,083 | €374,822 | +€189,739 | +103% |
| Financial debts | 170/4 | €165,083 | €354,822 | +€189,739 | +115% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,972 | €36,409 | -€53,563 | -59.5% |
| Current portion of amounts payable after more than one year | 42 | €8,112 | €19,966 | +€11,854 | +146% |
| Trade debts | 44 | €63,927 | €3,991 | -€59,937 | -93.8% |
| Suppliers | 440/4 | €63,927 | €3,991 | -€59,937 | -93.8% |
| Taxes, remuneration and social security | 45 | €17,838 | €4,952 | -€12,886 | -72.2% |
| Taxes | 450/3 | €17,838 | €4,952 | -€12,886 | -72.2% |
| Other amounts payable | 47/48 | €94 | €7,500 | +€7,406 | +7,874% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,432 | €16,293 | +€13,860 | +570% |
| Other operating charges | 640/8 | €34,203 | €1,757 | -€32,446 | -94.9% |
| Gross operating margin | 9900 | €139,364 | €101,128 | -€38,237 | -27.4% |
| Operating profit (loss) | 9901 | €102,729 | €83,078 | -€19,651 | -19.1% |
| Financial income | 75/76B | €0 | €138 | +€138 | +197,729% |
| Recurring financial income | 75 | €0 | €138 | +€138 | +197,729% |
| Financial charges | 65/66B | €4,351 | €13,637 | +€9,286 | +213% |
| Recurring financial charges | 65 | €4,351 | €13,637 | +€9,286 | +213% |
| Profit (loss) for the period before taxes | 9903 | €98,378 | €69,579 | -€28,799 | -29.3% |
| Income taxes | 67/77 | €31,556 | €22,286 | -€9,270 | -29.4% |
| Profit (loss) for the period | 9904 | €66,822 | €47,293 | -€19,529 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,822 | €47,293 | -€19,529 | -29.2% |
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.