GR CONSULT: what changed
Two fiscal 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.
GR CONSULT
Largest movements
- Cash -€88,329
down €88,329 (-90.7%), from €97,351 to €9,022
mainly Contributions, distributions and other (-€70,000) and Investment in fixed assets (net) (-€25,710)
- Receivables within one year +€15,695
up €15,695 (+53.7%), from €29,232 to €44,927
of which Other amounts receivable: +€18,853
- Tangible fixed assets +€5,239
up €5,239 (+7.4%), from €70,867 to €76,106
of which Furniture and vehicles: +€6,397
- Profit (loss) carried forward -€49,536
down €49,536 (-48.2%), from €102,754 to €53,218
- Debts after one year -€8,207
down €8,207 (-18.6%), from €44,214 to €36,007
- Other debts -€7,425
down €7,425 (-99.0%), from €7,500 to €75
- Trade debts -€2,935
down €2,935 (-34.3%), from €8,547 to €5,612
- Gross operating margin -€24,360
down €24,360 (-33.2%), from €73,427 to €49,067
- Taxes -€5,200
down €5,200 (-43.3%), from €12,000 to €6,800
- Financial charges -€960
down €960 (-66.6%), from €1,441 to €481
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 | €197,450 | €130,055 | -€67,395 | -34.1% |
| Fixed assets | 21/28 | €70,867 | €76,106 | +€5,239 | +7.4% |
| Tangible fixed assets | 22/27 | €70,867 | €76,106 | +€5,239 | +7.4% |
| Land and buildings | 22 | €32,937 | €29,576 | -€3,361 | -10.2% |
| Plant, machinery and equipment | 23 | €360 | €2,563 | +€2,203 | +611.9% |
| Furniture and vehicles | 24 | €37,570 | €43,967 | +€6,397 | +17.0% |
| Current assets | 29/58 | €126,583 | €53,949 | -€72,634 | -57.4% |
| Amounts receivable within one year | 40/41 | €29,232 | €44,927 | +€15,695 | +53.7% |
| Trade receivables | 40 | €3,158 | - | -€3,158 | |
| Other amounts receivable | 41 | €26,074 | €44,927 | +€18,853 | +72.3% |
| Cash at bank and in hand | 54/58 | €97,351 | €9,022 | -€88,329 | -90.7% |
| Total equity and liabilities | 10/49 | €197,450 | €130,055 | -€67,395 | -34.1% |
| Equity | 10/15 | €112,754 | €63,218 | -€49,536 | -43.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | - | €10,000 | +€10,000 | |
| Issued capital | 100 | - | €10,000 | +€10,000 | |
| Outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €102,754 | €53,218 | -€49,536 | -48.2% |
| Amounts payable | 17/49 | €84,696 | €66,837 | -€17,859 | -21.1% |
| Amounts payable after more than one year | 17 | €44,214 | €36,007 | -€8,207 | -18.6% |
| Financial debts | 170/4 | €44,214 | €36,007 | -€8,207 | -18.6% |
| Amounts payable within one year | 42/48 | €40,482 | €30,830 | -€9,652 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €7,435 | €6,343 | -€1,092 | -14.7% |
| Trade debts | 44 | €8,547 | €5,612 | -€2,935 | -34.3% |
| Suppliers | 440/4 | €8,547 | €5,612 | -€2,935 | -34.3% |
| Taxes, remuneration and social security | 45 | €17,000 | €18,800 | +€1,800 | +10.6% |
| Taxes | 450/3 | €17,000 | €18,800 | +€1,800 | +10.6% |
| Other amounts payable | 47/48 | €7,500 | €75 | -€7,425 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,470 | €20,470 | +€0 | 0.0% |
| Other operating charges | 640/8 | €833 | €851 | +€18 | +2.2% |
| Gross operating margin | 9900 | €73,427 | €49,067 | -€24,360 | -33.2% |
| Operating profit (loss) | 9901 | €52,124 | €27,746 | -€24,378 | -46.8% |
| Financial charges | 65/66B | €1,441 | €481 | -€960 | -66.6% |
| Recurring financial charges | 65 | €1,441 | €481 | -€960 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | €50,683 | €27,264 | -€23,419 | -46.2% |
| Income taxes | 67/77 | €12,000 | €6,800 | -€5,200 | -43.3% |
| Profit (loss) for the period | 9904 | €38,683 | €20,464 | -€18,219 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,683 | €20,464 | -€18,219 | -47.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.