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
- Tangible fixed assets +€207,476
up €207,476 (+2,323%), from €8,933 to €216,409
of which Land and buildings: +€194,527
- Cash -€22,855
down €22,855 (-31.9%), from €71,578 to €48,723
mainly Investment in fixed assets (net) (-€214,971) and Contributions, distributions and other (-€30,718)
- Receivables within one year +€21,014
up €21,014 (+103%), from €20,493 to €41,507
of which Other amounts receivable: +€12,894
- Receivables after one year -€20,000
down €20,000 (-100%), from €20,000 to €0
- Debts after one year +€155,004
up €155,004 (+751%), from €20,632 to €175,635
- Reserves +€36,757
up €36,757 (+69.8%), from €52,684 to €89,442
- Tax, wage and social debts -€25,797
down €25,797 (-76.7%), from €33,634 to €7,837
of which Taxes: -€25,797
- Trade debts +€13,021
up €13,021, from €0 to €13,021
- Current portion of long-term debt +€6,649
up €6,649 (+64.7%), from €10,271 to €16,919
- Gross operating margin +€11,763
up €11,763 (+13.5%), from €86,856 to €98,619
- Depreciation +€6,439
up €6,439 (+610%), from €1,056 to €7,495
- Other operating charges -€3,589
down €3,589 (-75.5%), from €4,756 to €1,167
- Financial charges +€3,238
up €3,238 (+204%), from €1,587 to €4,825
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 | €121,005 | €306,639 | +€185,635 | +153% |
| Fixed assets | 21/28 | €8,933 | €216,409 | +€207,476 | +2,323% |
| Tangible fixed assets | 22/27 | €8,933 | €216,409 | +€207,476 | +2,323% |
| Land and buildings | 22 | - | €194,527 | +€194,527 | |
| Furniture and vehicles | 24 | €8,933 | €21,883 | +€12,949 | +145% |
| Current assets | 29/58 | €112,072 | €90,230 | -€21,841 | -19.5% |
| Amounts receivable after more than one year | 29 | €20,000 | €0 | -€20,000 | -100% |
| Other amounts receivable | 291 | €20,000 | €0 | -€20,000 | -100% |
| Amounts receivable within one year | 40/41 | €20,493 | €41,507 | +€21,014 | +103% |
| Trade receivables | 40 | €15,985 | €24,106 | +€8,120 | +50.8% |
| Other amounts receivable | 41 | €4,508 | €17,401 | +€12,894 | +286% |
| Cash at bank and in hand | 54/58 | €71,578 | €48,723 | -€22,855 | -31.9% |
| Total equity and liabilities | 10/49 | €121,005 | €306,639 | +€185,635 | +153% |
| Equity | 10/15 | €54,684 | €91,442 | +€36,757 | +67.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €52,684 | €89,442 | +€36,757 | +69.8% |
| Distributable reserves | 133 | €52,684 | €89,442 | +€36,757 | +69.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €66,320 | €215,198 | +€148,877 | +224% |
| Amounts payable after more than one year | 17 | €20,632 | €175,635 | +€155,004 | +751% |
| Financial debts | 170/4 | €20,632 | €175,635 | +€155,004 | +751% |
| Amounts payable within one year | 42/48 | €45,623 | €39,495 | -€6,128 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €10,271 | €16,919 | +€6,649 | +64.7% |
| Trade debts | 44 | €0 | €13,021 | +€13,021 | |
| Suppliers | 440/4 | €0 | €13,021 | +€13,021 | |
| Taxes, remuneration and social security | 45 | €33,634 | €7,837 | -€25,797 | -76.7% |
| Taxes | 450/3 | €33,634 | €7,837 | -€25,797 | -76.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,718 | €1,718 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,056 | €7,495 | +€6,439 | +610% |
| Other operating charges | 640/8 | €4,756 | €1,167 | -€3,589 | -75.5% |
| Gross operating margin | 9900 | €86,856 | €98,619 | +€11,763 | +13.5% |
| Operating profit (loss) | 9901 | €81,044 | €89,957 | +€8,913 | +11.0% |
| Financial income | 75/76B | €542 | €738 | +€196 | +36.2% |
| Recurring financial income | 75 | €542 | €738 | +€196 | +36.2% |
| Financial charges | 65/66B | €1,587 | €4,825 | +€3,238 | +204% |
| Recurring financial charges | 65 | €1,587 | €4,825 | +€3,238 | +204% |
| Profit (loss) for the period before taxes | 9903 | €79,999 | €85,870 | +€5,871 | +7.3% |
| Income taxes | 67/77 | €18,509 | €18,394 | -€115 | -0.6% |
| Profit (loss) for the period | 9904 | €61,490 | €67,475 | +€5,986 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,490 | €67,475 | +€5,986 | +9.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.