Grts Consulting: 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.
Grts Consulting
Largest movements
- Cash +€26,374
up €26,374 (+21.6%), from €122,235 to €148,609
mainly Net result for the year (+€47,823) and Depreciation (+€1,092)
- Receivables within one year +€21,688
new in 2025: €21,688
of which Trade receivables: +€20,268
- Profit (loss) carried forward +€47,823
up €47,823 (+44.4%), from €107,799 to €155,623
No income-statement line moved by more than 1% of the activity.
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 | €127,158 | €174,000 | +€46,842 | +36.8% |
| Fixed assets | 21/28 | €3,872 | €2,780 | -€1,092 | -28.2% |
| Tangible fixed assets | 22/27 | €3,872 | €2,780 | -€1,092 | -28.2% |
| Plant, machinery and equipment | 23 | €3,872 | €2,780 | -€1,092 | -28.2% |
| Current assets | 29/58 | €123,285 | €171,219 | +€47,934 | +38.9% |
| Amounts receivable within one year | 40/41 | - | €21,688 | +€21,688 | |
| Trade receivables | 40 | - | €20,268 | +€20,268 | |
| Other amounts receivable | 41 | - | €1,420 | +€1,420 | |
| Cash at bank and in hand | 54/58 | €122,235 | €148,609 | +€26,374 | +21.6% |
| Deferred charges and accrued income | 490/1 | €1,050 | €922 | -€128 | -12.2% |
| Total equity and liabilities | 10/49 | €127,158 | €174,000 | +€46,842 | +36.8% |
| Equity | 10/15 | €112,799 | €160,623 | +€47,823 | +42.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,799 | €155,623 | +€47,823 | +44.4% |
| Amounts payable | 17/49 | €14,358 | €13,377 | -€981 | -6.8% |
| Amounts payable within one year | 42/48 | €14,358 | €13,377 | -€981 | -6.8% |
| Trade debts | 44 | €3,430 | €3,496 | +€66 | +1.9% |
| Suppliers | 440/4 | €3,430 | €3,496 | +€66 | +1.9% |
| Taxes, remuneration and social security | 45 | €10,037 | €9,800 | -€237 | -2.4% |
| Taxes | 450/3 | €10,037 | €9,800 | -€237 | -2.4% |
| Other amounts payable | 47/48 | €892 | €82 | -€810 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,092 | €1,092 | = | 0.0% |
| Other operating charges | 640/8 | €394 | €711 | +€316 | +80.2% |
| Gross operating margin | 9900 | €62,393 | €62,954 | +€561 | +0.9% |
| Operating profit (loss) | 9901 | €60,907 | €61,152 | +€245 | +0.4% |
| Financial income | 75/76B | €215 | €406 | +€191 | +88.5% |
| Recurring financial income | 75 | €215 | €406 | +€191 | +88.5% |
| Financial charges | 65/66B | €89 | €154 | +€66 | +74.6% |
| Recurring financial charges | 65 | €89 | €154 | +€66 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | €61,033 | €61,403 | +€370 | +0.6% |
| Income taxes | 67/77 | €13,097 | €13,580 | +€483 | +3.7% |
| Profit (loss) for the period | 9904 | €47,936 | €47,823 | -€113 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,936 | €47,823 | -€113 | -0.2% |
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 20 October 2026 via checked.be.