GRAYCELLS CONSULTING: 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.
GRAYCELLS CONSULTING
Largest movements
- Cash -€31,709
down €31,709 (-52.1%), from €60,919 to €29,211
mainly Net result for the year (-€39,189) and Tax, wage and social debts (-€4,230)
- Tangible fixed assets -€13,398
down €13,398 (-40.8%), from €32,828 to €19,429
of which Furniture and vehicles: -€12,531
- Profit (loss) carried forward -€39,189
down €39,189 (-54.4%), from €72,057 to €32,868
- Tax, wage and social debts -€4,230
down €4,230 (-42.5%), from €9,947 to €5,717
- Trade debts +€2,693
up €2,693 (+1483.7%), from €181 to €2,874
- Current portion of long-term debt -€2,333
no longer reported in 2025 (was €2,333)
- Other debts -€1,088
down €1,088 (-16.9%), from €6,432 to €5,344
- Turnover -€119,116
down €119,116 (-98.1%), from €121,375 to €2,259
- Gross operating margin -€71,530
down €71,530, from €48,731 to -€22,800
- Purchases and services +€17,793
up €17,793 (+244.9%), from €7,266 to €25,059
- Depreciation +€4,654
up €4,654 (+53.2%), from €8,745 to €13,398
- Taxes -€4,091
down €4,091 (-59.4%), from €6,893 to €2,802
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 | €93,750 | €49,602 | -€44,149 | -47.1% |
| Fixed assets | 21/28 | €32,828 | €19,429 | -€13,398 | -40.8% |
| Tangible fixed assets | 22/27 | €32,828 | €19,429 | -€13,398 | -40.8% |
| Furniture and vehicles | 24 | €29,876 | €17,345 | -€12,531 | -41.9% |
| Other tangible fixed assets | 26 | €2,952 | €2,084 | -€867 | -29.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €60,922 | €30,172 | -€30,750 | -50.5% |
| Amounts receivable within one year | 40/41 | €3 | €897 | +€894 | +30113.5% |
| Other amounts receivable | 41 | €3 | €897 | +€894 | +30113.5% |
| Cash at bank and in hand | 54/58 | €60,919 | €29,211 | -€31,709 | -52.1% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €93,750 | €49,602 | -€44,149 | -47.1% |
| Equity | 10/15 | €74,856 | €35,666 | -€39,189 | -52.4% |
| Reserves | 13 | €2,799 | €2,799 | = | 0.0% |
| Distributable reserves | 133 | €2,799 | €2,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,057 | €32,868 | -€39,189 | -54.4% |
| Amounts payable | 17/49 | €18,895 | €13,935 | -€4,959 | -26.2% |
| Amounts payable within one year | 42/48 | €18,895 | €13,935 | -€4,959 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €2,333 | - | -€2,333 | |
| Trade debts | 44 | €181 | €2,874 | +€2,693 | +1483.7% |
| Suppliers | 440/4 | €181 | €2,874 | +€2,693 | +1483.7% |
| Taxes, remuneration and social security | 45 | €9,947 | €5,717 | -€4,230 | -42.5% |
| Taxes | 450/3 | €9,947 | €5,717 | -€4,230 | -42.5% |
| Other amounts payable | 47/48 | €6,432 | €5,344 | -€1,088 | -16.9% |
| Turnover | 70 | €121,375 | €2,259 | -€119,116 | -98.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,266 | €25,059 | +€17,793 | +244.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,745 | €13,398 | +€4,654 | +53.2% |
| Other operating charges | 640/8 | €44 | - | -€44 | |
| Gross operating margin | 9900 | €48,731 | -€22,800 | -€71,530 | |
| Operating profit (loss) | 9901 | €39,942 | -€36,198 | -€76,140 | |
| Financial income | 75/76B | €14 | €0 | -€14 | -100.0% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -100.0% |
| Financial charges | 65/66B | €436 | €189 | -€247 | -56.6% |
| Recurring financial charges | 65 | €436 | €189 | -€247 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €39,519 | -€36,387 | -€75,907 | |
| Income taxes | 67/77 | €6,893 | €2,802 | -€4,091 | -59.4% |
| Profit (loss) for the period | 9904 | €32,626 | -€39,189 | -€71,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,626 | -€39,189 | -€71,815 |
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 4 October 2026 via checked.be.