GS CONSULT: 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.
GS CONSULT
Largest movements
- Cash -€49,853
down €49,853 (-71.2%), from €70,016 to €20,164
mainly Current investments (-€35,555) and Contributions, distributions and other (-€26,000)
- Current investments +€35,555
up €35,555 (+70.8%), from €50,249 to €85,804
- Tangible fixed assets +€10,648
up €10,648 (+148.9%), from €7,152 to €17,800
of which Furniture and vehicles: +€7,752
- Receivables within one year +€5,513
up €5,513 (+29.5%), from €18,702 to €24,215
of which Other amounts receivable: +€5,691
- Deferred charges and accrued income +€3,497
up €3,497 (+232.0%), from €1,508 to €5,005
- Trade debts +€12,147
up €12,147 (+275.0%), from €4,417 to €16,564
- Other debts -€6,893
down €6,893 (-16.7%), from €41,173 to €34,281
- Gross operating margin -€11,519
down €11,519 (-23.4%), from €49,220 to €37,701
- Taxes -€2,232
down €2,232 (-24.1%), from €9,252 to €7,021
- Depreciation -€609
down €609 (-13.4%), from €4,533 to €3,925
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 | €147,627 | €152,988 | +€5,360 | +3.6% |
| Fixed assets | 21/28 | €7,152 | €17,800 | +€10,648 | +148.9% |
| Tangible fixed assets | 22/27 | €7,152 | €17,800 | +€10,648 | +148.9% |
| Land and buildings | 22 | €558 | €481 | -€77 | -13.8% |
| Plant, machinery and equipment | 23 | €355 | €3,328 | +€2,973 | +837.1% |
| Furniture and vehicles | 24 | €6,239 | €13,991 | +€7,752 | +124.3% |
| Current assets | 29/58 | €140,475 | €135,187 | -€5,287 | -3.8% |
| Amounts receivable within one year | 40/41 | €18,702 | €24,215 | +€5,513 | +29.5% |
| Trade receivables | 40 | €15,311 | €15,133 | -€178 | -1.2% |
| Other amounts receivable | 41 | €3,391 | €9,082 | +€5,691 | +167.8% |
| Current investments | 50/53 | €50,249 | €85,804 | +€35,555 | +70.8% |
| Cash at bank and in hand | 54/58 | €70,016 | €20,164 | -€49,853 | -71.2% |
| Deferred charges and accrued income | 490/1 | €1,508 | €5,005 | +€3,497 | +232.0% |
| Total equity and liabilities | 10/49 | €147,627 | €152,988 | +€5,360 | +3.6% |
| Equity | 10/15 | €93,109 | €93,335 | +€227 | +0.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €89,000 | €89,000 | = | 0.0% |
| Distributable reserves | 133 | €89,000 | €89,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109 | €335 | +€227 | +208.4% |
| Amounts payable | 17/49 | €54,519 | €59,652 | +€5,134 | +9.4% |
| Amounts payable within one year | 42/48 | €54,451 | €59,599 | +€5,148 | +9.5% |
| Trade debts | 44 | €4,417 | €16,564 | +€12,147 | +275.0% |
| Suppliers | 440/4 | €4,417 | €16,564 | +€12,147 | +275.0% |
| Taxes, remuneration and social security | 45 | €8,860 | €8,754 | -€106 | -1.2% |
| Taxes | 450/3 | €8,860 | €8,754 | -€106 | -1.2% |
| Other amounts payable | 47/48 | €41,173 | €34,281 | -€6,893 | -16.7% |
| Accrued charges and deferred income | 492/3 | €68 | €54 | -€14 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,533 | €3,925 | -€609 | -13.4% |
| Other operating charges | 640/8 | €735 | €757 | +€22 | +2.9% |
| Gross operating margin | 9900 | €49,220 | €37,701 | -€11,519 | -23.4% |
| Operating profit (loss) | 9901 | €43,952 | €33,020 | -€10,932 | -24.9% |
| Financial income | 75/76B | €477 | €745 | +€268 | +56.3% |
| Recurring financial income | 75 | €477 | €745 | +€268 | +56.3% |
| Financial charges | 65/66B | €433 | €518 | +€85 | +19.5% |
| Recurring financial charges | 65 | €433 | €518 | +€85 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €43,995 | €33,247 | -€10,748 | -24.4% |
| Income taxes | 67/77 | €9,252 | €7,021 | -€2,232 | -24.1% |
| Profit (loss) for the period | 9904 | €34,743 | €26,227 | -€8,516 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,743 | €26,227 | -€8,516 | -24.5% |
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 9 October 2026 via checked.be.