GR CONSULTANCE: 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 CONSULTANCE
Largest movements
- Cash +€33,904
up €33,904 (+3888.3%), from €872 to €34,776
mainly Depreciation (+€17,722) and Net result for the year (+€15,967)
- Tangible fixed assets -€15,978
down €15,978 (-22.7%), from €70,526 to €54,548
of which Furniture and vehicles: -€15,463
- Receivables within one year -€10,214
down €10,214 (-92.1%), from €11,092 to €878
of which Trade receivables: -€10,245
- Reserves +€18,000
up €18,000 (+148.1%), from €12,150 to €30,150
- Debts after one year -€11,937
down €11,937 (-31.0%), from €38,473 to €26,536
- Trade debts +€4,978
up €4,978 (+334.9%), from €1,486 to €6,464
- Other debts -€4,903
down €4,903 (-98.1%), from €5,000 to €97
- Tax, wage and social debts +€3,319
up €3,319 (+29.8%), from €11,148 to €14,467
- Gross operating margin +€4,358
up €4,358 (+10.9%), from €39,848 to €44,206
- Taxes +€3,785
up €3,785 (+88.2%), from €4,294 to €8,079
- Financial charges -€677
down €677 (-24.4%), from €2,770 to €2,093
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 | €83,491 | €90,892 | +€7,401 | +8.9% |
| Formation expenses | 20 | €927 | €690 | -€237 | -25.5% |
| Fixed assets | 21/28 | €70,526 | €54,548 | -€15,978 | -22.7% |
| Tangible fixed assets | 22/27 | €70,526 | €54,548 | -€15,978 | -22.7% |
| Plant, machinery and equipment | 23 | €2,202 | €1,687 | -€515 | -23.4% |
| Furniture and vehicles | 24 | €68,324 | €52,861 | -€15,463 | -22.6% |
| Current assets | 29/58 | €12,039 | €35,654 | +€23,615 | +196.2% |
| Amounts receivable within one year | 40/41 | €11,092 | €878 | -€10,214 | -92.1% |
| Trade receivables | 40 | €11,092 | €847 | -€10,245 | -92.4% |
| Other amounts receivable | 41 | - | €31 | +€31 | |
| Cash at bank and in hand | 54/58 | €872 | €34,776 | +€33,904 | +3888.3% |
| Deferred charges and accrued income | 490/1 | €75 | - | -€75 | |
| Total equity and liabilities | 10/49 | €83,491 | €90,892 | +€7,401 | +8.9% |
| Equity | 10/15 | €15,289 | €31,256 | +€15,967 | +104.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,150 | €30,150 | +€18,000 | +148.1% |
| Distributable reserves | 133 | €12,150 | €30,150 | +€18,000 | +148.1% |
| Profit (loss) carried forward | 14 | €2,139 | €106 | -€2,033 | -95.0% |
| Amounts payable | 17/49 | €68,202 | €59,636 | -€8,566 | -12.6% |
| Amounts payable after more than one year | 17 | €38,473 | €26,536 | -€11,937 | -31.0% |
| Financial debts | 170/4 | €38,473 | €26,536 | -€11,937 | -31.0% |
| Amounts payable within one year | 42/48 | €29,729 | €32,965 | +€3,236 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €11,447 | €11,937 | +€490 | +4.3% |
| Financial debts | 43 | €648 | - | -€648 | |
| Credit institutions | 430/8 | €648 | - | -€648 | |
| Trade debts | 44 | €1,486 | €6,464 | +€4,978 | +334.9% |
| Suppliers | 440/4 | €1,486 | €6,464 | +€4,978 | +334.9% |
| Taxes, remuneration and social security | 45 | €11,148 | €14,467 | +€3,319 | +29.8% |
| Taxes | 450/3 | €11,148 | €14,467 | +€3,319 | +29.8% |
| Other amounts payable | 47/48 | €5,000 | €97 | -€4,903 | -98.1% |
| Accrued charges and deferred income | 492/3 | - | €135 | +€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,479 | €17,722 | +€243 | +1.4% |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.5% |
| Non-recurring operating charges | 66A | €859 | €244 | -€615 | -71.6% |
| Gross operating margin | 9900 | €39,848 | €44,206 | +€4,358 | +10.9% |
| Operating profit (loss) | 9901 | €21,351 | €26,139 | +€4,788 | +22.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,770 | €2,093 | -€677 | -24.4% |
| Recurring financial charges | 65 | €2,770 | €2,093 | -€677 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €18,582 | €24,046 | +€5,464 | +29.4% |
| Income taxes | 67/77 | €4,294 | €8,079 | +€3,785 | +88.2% |
| Profit (loss) for the period | 9904 | €14,289 | €15,967 | +€1,678 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,289 | €15,967 | +€1,678 | +11.7% |
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 7 October 2026 via checked.be.