@GS-CONSULT: 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.
@GS-CONSULT
Largest movements
- Cash +€40,477
up €40,477 (+194%), from €20,879 to €61,356
mainly Receivables within one year (+€20,748) and Other debts (+€17,987)
- Receivables within one year -€20,748
down €20,748 (-77.8%), from €26,653 to €5,905
of which Trade receivables: -€20,130
- Tangible fixed assets -€6,543
down €6,543 (-42.7%), from €15,324 to €8,782
- Receivables after one year -€6,284
down €6,284 (-72.5%), from €8,665 to €2,381
- Reserves -€24,000
down €24,000 (-50.4%), from €47,607 to €23,607
of which Distributable reserves: -€24,000
- Other debts +€17,987
up €17,987 (+297%), from €6,063 to €24,050
- Profit (loss) carried forward +€16,812
up €16,812 (+66.6%), from -€25,248 to -€8,435
- Debts after one year -€6,341
down €6,341 (-76.5%), from €8,287 to €1,946
- Tax, wage and social debts +€1,421
up €1,421 (+14.8%), from €9,575 to €10,996
- Gross operating margin -€9,469
down €9,469 (-24.9%), from €38,095 to €28,626
- Taxes -€2,495
down €2,495 (-31.7%), from €7,871 to €5,376
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 | €71,521 | €78,423 | +€6,902 | +9.7% |
| Fixed assets | 21/28 | €15,324 | €8,782 | -€6,543 | -42.7% |
| Tangible fixed assets | 22/27 | €15,324 | €8,782 | -€6,543 | -42.7% |
| Furniture and vehicles | 24 | €15,324 | €8,782 | -€6,543 | -42.7% |
| Current assets | 29/58 | €56,197 | €69,642 | +€13,445 | +23.9% |
| Amounts receivable after more than one year | 29 | €8,665 | €2,381 | -€6,284 | -72.5% |
| Other amounts receivable | 291 | €8,665 | €2,381 | -€6,284 | -72.5% |
| Amounts receivable within one year | 40/41 | €26,653 | €5,905 | -€20,748 | -77.8% |
| Trade receivables | 40 | €22,570 | €2,440 | -€20,130 | -89.2% |
| Other amounts receivable | 41 | €4,083 | €3,465 | -€618 | -15.1% |
| Cash at bank and in hand | 54/58 | €20,879 | €61,356 | +€40,477 | +194% |
| Total equity and liabilities | 10/49 | €71,521 | €78,423 | +€6,902 | +9.7% |
| Equity | 10/15 | €40,951 | €33,763 | -€7,188 | -17.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €47,607 | €23,607 | -€24,000 | -50.4% |
| Non-distributable reserves | 130/1 | €107 | €107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €107 | €107 | = | 0.0% |
| Distributable reserves | 133 | €47,500 | €23,500 | -€24,000 | -50.5% |
| Profit (loss) carried forward | 14 | -€25,248 | -€8,435 | +€16,812 | +66.6% |
| Amounts payable | 17/49 | €30,570 | €44,660 | +€14,090 | +46.1% |
| Amounts payable after more than one year | 17 | €8,287 | €1,946 | -€6,341 | -76.5% |
| Financial debts | 170/4 | €8,287 | €1,946 | -€6,341 | -76.5% |
| Amounts payable within one year | 42/48 | €22,283 | €42,714 | +€20,431 | +91.7% |
| Current portion of amounts payable after more than one year | 42 | €5,799 | €6,341 | +€542 | +9.3% |
| Trade debts | 44 | €845 | €1,327 | +€481 | +56.9% |
| Suppliers | 440/4 | €845 | €1,327 | +€481 | +56.9% |
| Taxes, remuneration and social security | 45 | €9,575 | €10,996 | +€1,421 | +14.8% |
| Taxes | 450/3 | €9,575 | €10,996 | +€1,421 | +14.8% |
| Other amounts payable | 47/48 | €6,063 | €24,050 | +€17,987 | +297% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,181 | €6,543 | +€362 | +5.9% |
| Other operating charges | 640/8 | €387 | €60 | -€327 | -84.4% |
| Gross operating margin | 9900 | €38,095 | €28,626 | -€9,469 | -24.9% |
| Operating profit (loss) | 9901 | €31,527 | €22,023 | -€9,504 | -30.1% |
| Financial income | 75/76B | €456 | €328 | -€128 | -28.0% |
| Recurring financial income | 75 | €456 | €328 | -€128 | -28.0% |
| Financial charges | 65/66B | €230 | €163 | -€67 | -29.2% |
| Recurring financial charges | 65 | €230 | €163 | -€67 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €31,753 | €22,188 | -€9,565 | -30.1% |
| Income taxes | 67/77 | €7,871 | €5,376 | -€2,495 | -31.7% |
| Profit (loss) for the period | 9904 | €23,882 | €16,812 | -€7,070 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,882 | €16,812 | -€7,070 | -29.6% |
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 14 October 2026 via checked.be.