GRS CONSULTANT GROUP: 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.
GRS CONSULTANT GROUP
Largest movements
- Tangible fixed assets -€9,714
down €9,714 (-40.5%), from €23,961 to €14,247
of which Furniture and vehicles: -€6,314
- Cash +€7,419
up €7,419 (+8.9%), from €83,126 to €90,545
mainly Net result for the year (+€17,247) and Depreciation (+€9,714)
- Reserves +€17,247
up €17,247 (+5.7%), from €300,649 to €317,896
of which Non-distributable reserves: +€17,247
- Trade debts -€8,099
down €8,099 (-53.0%), from €15,290 to €7,191
- Current portion of long-term debt -€6,852
no longer reported in 2025 (was €6,852)
- Tax, wage and social debts +€4,052
new in 2025: €4,052
- Short-term financial debts -€3,842
down €3,842 (-60.2%), from €6,387 to €2,545
- Gross operating margin +€7,794
up €7,794 (+25.4%), from €30,629 to €38,423
- Turnover +€4,346
up €4,346 (+4.8%), from €89,955 to €94,301
- Purchases and services -€3,448
down €3,448 (-5.8%), from €59,326 to €55,878
- Financial income +€1,688
up €1,688 (+472%), from €358 to €2,046
of which Non-recurring financial income: +€1,600
- Taxes -€1,351
down €1,351 (-16.9%), from €7,988 to €6,637
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 | €340,815 | €338,796 | -€2,019 | -0.6% |
| Fixed assets | 21/28 | €23,961 | €14,247 | -€9,714 | -40.5% |
| Tangible fixed assets | 22/27 | €23,961 | €14,247 | -€9,714 | -40.5% |
| Land and buildings | 22 | €17,000 | €13,600 | -€3,400 | -20.0% |
| Furniture and vehicles | 24 | €6,961 | €647 | -€6,314 | -90.7% |
| Current assets | 29/58 | €316,854 | €324,549 | +€7,695 | +2.4% |
| Amounts receivable after more than one year | 29 | €215,000 | €213,000 | -€2,000 | -0.9% |
| Trade receivables | 290 | €215,000 | €213,000 | -€2,000 | -0.9% |
| Amounts receivable within one year | 40/41 | €10,005 | €12,281 | +€2,276 | +22.7% |
| Trade receivables | 40 | €231 | €164 | -€67 | -29.0% |
| Other amounts receivable | 41 | €9,774 | €12,117 | +€2,343 | +24.0% |
| Cash at bank and in hand | 54/58 | €83,126 | €90,545 | +€7,419 | +8.9% |
| Deferred charges and accrued income | 490/1 | €8,723 | €8,723 | = | 0.0% |
| Total equity and liabilities | 10/49 | €340,815 | €338,796 | -€2,019 | -0.6% |
| Equity | 10/15 | €306,899 | €324,146 | +€17,247 | +5.6% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €300,649 | €317,896 | +€17,247 | +5.7% |
| Non-distributable reserves | 130/1 | €61,312 | €78,559 | +€17,247 | +28.1% |
| Reserves not available under the articles | 1311 | €385 | €385 | = | 0.0% |
| Other | 1319 | €60,927 | €78,174 | +€17,247 | +28.3% |
| Distributable reserves | 133 | €239,337 | €239,337 | = | 0.0% |
| Provisions and deferred taxes | 16 | €533 | €533 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €533 | €533 | = | 0.0% |
| Major repairs and maintenance | 162 | €533 | €533 | = | 0.0% |
| Amounts payable | 17/49 | €33,383 | €14,117 | -€19,266 | -57.7% |
| Amounts payable after more than one year | 17 | €2,099 | - | -€2,099 | |
| Financial debts | 170/4 | €2,099 | - | -€2,099 | |
| Amounts payable within one year | 42/48 | €31,284 | €14,117 | -€17,167 | -54.9% |
| Current portion of amounts payable after more than one year | 42 | €6,852 | - | -€6,852 | |
| Financial debts | 43 | €6,387 | €2,545 | -€3,842 | -60.2% |
| Credit institutions | 430/8 | €6,387 | €2,545 | -€3,842 | -60.2% |
| Trade debts | 44 | €15,290 | €7,191 | -€8,099 | -53.0% |
| Suppliers | 440/4 | €15,290 | €7,191 | -€8,099 | -53.0% |
| Taxes, remuneration and social security | 45 | - | €4,052 | +€4,052 | |
| Taxes | 450/3 | - | €4,052 | +€4,052 | |
| Other amounts payable | 47/48 | €2,755 | €329 | -€2,426 | -88.1% |
| Turnover | 70 | €89,955 | €94,301 | +€4,346 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,326 | €55,878 | -€3,448 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,714 | €9,714 | = | 0.0% |
| Other operating charges | 640/8 | €5,929 | €5,522 | -€407 | -6.9% |
| Gross operating margin | 9900 | €30,629 | €38,423 | +€7,794 | +25.4% |
| Operating profit (loss) | 9901 | €14,986 | €23,187 | +€8,201 | +54.7% |
| Financial income | 75/76B | €358 | €2,046 | +€1,688 | +472% |
| Recurring financial income | 75 | €358 | €446 | +€88 | +24.6% |
| Non-recurring financial income | 76B | - | €1,600 | +€1,600 | |
| Financial charges | 65/66B | €1,379 | €1,349 | -€30 | -2.2% |
| Recurring financial charges | 65 | €1,379 | €1,349 | -€30 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €13,965 | €23,884 | +€9,919 | +71.0% |
| Income taxes | 67/77 | €7,988 | €6,637 | -€1,351 | -16.9% |
| Profit (loss) for the period | 9904 | €5,977 | €17,247 | +€11,270 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €5,977 | €17,247 | +€11,270 | +189% |
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 24 October 2026 via checked.be.