GS CONSULT TELECOM: 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 TELECOM
Largest movements
- Receivables within one year +€16,793
up €16,793 (+396%), from €4,243 to €21,036
- Tangible fixed assets +€4,677
up €4,677 (+38.9%), from €12,013 to €16,690
- Cash +€3,781
up €3,781 (+8.2%), from €46,213 to €49,994
mainly Other debts (+€25,743) and Trade debts (+€5,118)
- Other debts +€25,743
new in 2025: €25,743
- Profit (loss) carried forward -€10,504
down €10,504 (-34.8%), from €30,227 to €19,723
- Trade debts +€5,118
up €5,118 (+64.4%), from €7,950 to €13,068
- Tax, wage and social debts +€4,894
up €4,894 (+114%), from €4,292 to €9,186
- Staff costs +€40,060
new in 2025: €40,060
- Depreciation +€1,920
up €1,920 (+63.9%), from €3,003 to €4,923
- Gross operating margin +€1,153
up €1,153 (+3.4%), from €34,148 to €35,301
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 | €62,469 | €87,720 | +€25,251 | +40.4% |
| Fixed assets | 21/28 | €12,013 | €16,690 | +€4,677 | +38.9% |
| Tangible fixed assets | 22/27 | €12,013 | €16,690 | +€4,677 | +38.9% |
| Furniture and vehicles | 24 | €12,013 | €16,690 | +€4,677 | +38.9% |
| Current assets | 29/58 | €50,456 | €71,030 | +€20,574 | +40.8% |
| Amounts receivable within one year | 40/41 | €4,243 | €21,036 | +€16,793 | +396% |
| Trade receivables | 40 | €4,243 | €21,036 | +€16,793 | +396% |
| Cash at bank and in hand | 54/58 | €46,213 | €49,994 | +€3,781 | +8.2% |
| Total equity and liabilities | 10/49 | €62,469 | €87,720 | +€25,251 | +40.4% |
| Equity | 10/15 | €50,227 | €39,723 | -€10,504 | -20.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,227 | €19,723 | -€10,504 | -34.8% |
| Amounts payable | 17/49 | €12,242 | €47,997 | +€35,755 | +292% |
| Amounts payable within one year | 42/48 | €12,242 | €47,997 | +€35,755 | +292% |
| Trade debts | 44 | €7,950 | €13,068 | +€5,118 | +64.4% |
| Suppliers | 440/4 | €7,950 | €13,068 | +€5,118 | +64.4% |
| Taxes, remuneration and social security | 45 | €4,292 | €9,186 | +€4,894 | +114% |
| Taxes | 450/3 | €4,292 | €9,186 | +€4,894 | +114% |
| Other amounts payable | 47/48 | - | €25,743 | +€25,743 | |
| Remuneration, social security and pensions | 62 | - | €40,060 | +€40,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,003 | €4,923 | +€1,920 | +63.9% |
| Other operating charges | 640/8 | €918 | €764 | -€154 | -16.8% |
| Gross operating margin | 9900 | €34,148 | €35,301 | +€1,153 | +3.4% |
| Operating profit (loss) | 9901 | €30,227 | -€10,446 | -€40,673 | |
| Financial charges | 65/66B | - | €58 | +€58 | |
| Recurring financial charges | 65 | - | €58 | +€58 | |
| Profit (loss) for the period before taxes | 9903 | €30,227 | -€10,504 | -€40,731 | |
| Profit (loss) for the period | 9904 | €30,227 | -€10,504 | -€40,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,227 | -€10,504 | -€40,731 |
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 22 October 2026 via checked.be.