GPH Consulting: 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.
GPH Consulting
Largest movements
- Receivables within one year +€90,549
up €90,549 (+64.1%), from €141,301 to €231,850
of which Trade receivables: +€69,536
- Current investments -€21,202
no longer reported in 2025 (was €21,202)
- Reserves +€61,371
up €61,371 (+3299.5%), from €1,860 to €63,231
- Taxes +€4,516
up €4,516 (+22.2%), from €20,304 to €24,820
- Gross operating margin +€1,255
up €1,255 (+1.5%), from €86,404 to €87,659
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 | €1,442,727 | €1,507,485 | +€64,758 | +4.5% |
| Fixed assets | 21/28 | €1,265,835 | €1,265,111 | -€724 | -0.1% |
| Tangible fixed assets | 22/27 | €2,835 | €2,111 | -€724 | -25.5% |
| Furniture and vehicles | 24 | €2,835 | €2,111 | -€724 | -25.5% |
| Financial fixed assets | 28 | €1,263,000 | €1,263,000 | = | 0.0% |
| Current assets | 29/58 | €176,891 | €242,374 | +€65,482 | +37.0% |
| Amounts receivable within one year | 40/41 | €141,301 | €231,850 | +€90,549 | +64.1% |
| Trade receivables | 40 | €136,224 | €205,760 | +€69,536 | +51.0% |
| Other amounts receivable | 41 | €5,077 | €26,090 | +€21,013 | +413.9% |
| Current investments | 50/53 | €21,202 | - | -€21,202 | |
| Cash at bank and in hand | 54/58 | €14,389 | €10,524 | -€3,865 | -26.9% |
| Total equity and liabilities | 10/49 | €1,442,727 | €1,507,485 | +€64,758 | +4.5% |
| Equity | 10/15 | €1,433,506 | €1,494,876 | +€61,371 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €63,231 | +€61,371 | +3299.5% |
| Distributable reserves | 133 | €1,860 | €63,231 | +€61,371 | +3299.5% |
| Profit (loss) carried forward | 14 | €1,413,046 | €1,413,046 | = | 0.0% |
| Amounts payable | 17/49 | €9,221 | €12,609 | +€3,388 | +36.7% |
| Amounts payable within one year | 42/48 | €9,221 | €12,609 | +€3,388 | +36.7% |
| Trade debts | 44 | €989 | €1,020 | +€31 | +3.2% |
| Suppliers | 440/4 | €989 | €1,020 | +€31 | +3.2% |
| Taxes, remuneration and social security | 45 | €8,232 | €11,589 | +€3,356 | +40.8% |
| Taxes | 450/3 | €8,232 | €11,589 | +€3,356 | +40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €936 | €1,095 | +€159 | +17.0% |
| Gross operating margin | 9900 | €86,404 | €87,659 | +€1,255 | +1.5% |
| Operating profit (loss) | 9901 | €85,468 | €86,564 | +€1,096 | +1.3% |
| Financial charges | 65/66B | €880 | €373 | -€507 | -57.6% |
| Recurring financial charges | 65 | €880 | €373 | -€507 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €84,588 | €86,191 | +€1,603 | +1.9% |
| Income taxes | 67/77 | €20,304 | €24,820 | +€4,516 | +22.2% |
| Profit (loss) for the period | 9904 | €64,284 | €61,371 | -€2,914 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,284 | €61,371 | -€2,914 | -4.5% |
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.