GPHR 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.
GPHR CONSULT
Largest movements
- Cash +€21,757
up €21,757 (+119%), from €18,348 to €40,105
mainly Net result for the year (+€24,668) and Other debts (+€15,232)
- Tangible fixed assets -€2,676
down €2,676 (-19.7%), from €13,595 to €10,919
of which Furniture and vehicles: -€2,275
- Other debts +€15,232
up €15,232 (+218%), from €6,992 to €22,223
- Tax, wage and social debts +€11,426
up €11,426 (+230%), from €4,958 to €16,384
- Reserves -€3,539
down €3,539 (-54.1%), from €6,539 to €3,000
- Debts after one year -€3,172
down €3,172 (-100%), from €3,172 to €0
- Current portion of long-term debt -€876
down €876 (-21.6%), from €4,047 to €3,172
- Gross operating margin +€24,357
up €24,357 (+142%), from €17,200 to €41,557
- Taxes +€7,369
up €7,369 (+210%), from €3,513 to €10,882
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 | €33,259 | €52,835 | +€19,576 | +58.9% |
| Fixed assets | 21/28 | €13,595 | €10,919 | -€2,676 | -19.7% |
| Tangible fixed assets | 22/27 | €13,595 | €10,919 | -€2,676 | -19.7% |
| Furniture and vehicles | 24 | €9,631 | €7,356 | -€2,275 | -23.6% |
| Other tangible fixed assets | 26 | €3,963 | €3,563 | -€401 | -10.1% |
| Current assets | 29/58 | €19,664 | €41,917 | +€22,252 | +113% |
| Amounts receivable within one year | 40/41 | - | €320 | +€320 | |
| Trade receivables | 40 | - | €320 | +€320 | |
| Cash at bank and in hand | 54/58 | €18,348 | €40,105 | +€21,757 | +119% |
| Deferred charges and accrued income | 490/1 | €1,316 | €1,492 | +€175 | +13.3% |
| Total equity and liabilities | 10/49 | €33,259 | €52,835 | +€19,576 | +58.9% |
| Equity | 10/15 | €11,539 | €8,000 | -€3,539 | -30.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,539 | €3,000 | -€3,539 | -54.1% |
| Distributable reserves | 133 | €6,539 | €3,000 | -€3,539 | -54.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,720 | €44,835 | +€23,115 | +106% |
| Amounts payable after more than one year | 17 | €3,172 | €0 | -€3,172 | -100% |
| Financial debts | 170/4 | €3,172 | €0 | -€3,172 | -100% |
| Amounts payable within one year | 42/48 | €18,274 | €44,560 | +€26,286 | +144% |
| Current portion of amounts payable after more than one year | 42 | €4,047 | €3,172 | -€876 | -21.6% |
| Trade debts | 44 | €2,277 | €2,781 | +€504 | +22.1% |
| Suppliers | 440/4 | €2,277 | €2,781 | +€504 | +22.1% |
| Taxes, remuneration and social security | 45 | €4,958 | €16,384 | +€11,426 | +230% |
| Taxes | 450/3 | €4,958 | €16,384 | +€11,426 | +230% |
| Other amounts payable | 47/48 | €6,992 | €22,223 | +€15,232 | +218% |
| Accrued charges and deferred income | 492/3 | €275 | €275 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,636 | €4,740 | +€104 | +2.2% |
| Other operating charges | 640/8 | €990 | €1,008 | +€18 | +1.8% |
| Gross operating margin | 9900 | €17,200 | €41,557 | +€24,357 | +142% |
| Operating profit (loss) | 9901 | €11,574 | €35,808 | +€24,234 | +209% |
| Financial income | 75/76B | €60 | €105 | +€45 | +76.2% |
| Recurring financial income | 75 | €60 | €105 | +€45 | +76.2% |
| Financial charges | 65/66B | €560 | €362 | -€198 | -35.4% |
| Recurring financial charges | 65 | €560 | €362 | -€198 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €11,073 | €35,551 | +€24,478 | +221% |
| Income taxes | 67/77 | €3,513 | €10,882 | +€7,369 | +210% |
| Profit (loss) for the period | 9904 | €7,559 | €24,668 | +€17,109 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €7,559 | €24,668 | +€17,109 | +226% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.