GS 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.
What changed
GS CONSULTING
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,548
2024 · -€5,557+€10,105
Equity
-€172,586
2024 · -€177,134+€4,548
Cash
€168,016
2024 · €29,527+€138,489
Balance sheet total
€3.0m
2024 · €3.0m-€38,505
Largest movements
Assets
- Cash +€138,489
up €138,489 (+469%), from €29,527 to €168,016
mainly Depreciation (+€125,260) and Receivables within one year (+€112,750)
- Receivables within one year -€112,750
down €112,750 (-88.3%), from €127,750 to €15,000
- Tangible fixed assets -€68,224
down €68,224 (-3.5%), from €2.0m to €1.9m
of which Land and buildings: -€104,612
Equity and liabilities
- Debts after one year -€82,299
down €82,299 (-6.2%), from €1.3m to €1.2m
Income statement
- Gross operating margin -€32,578
down €32,578 (-16.1%), from €202,789 to €170,212
- Taxes -€29,353
no longer reported in 2025 (was €29,353)
- Depreciation -€16,056
down €16,056 (-11.4%), from €141,317 to €125,260
- Other operating charges +€3,451
up €3,451 (+122%), from €2,818 to €6,269
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.
Result 2024
-€5,557
Gross operating margin
-€32,578
Depreciation
+€16,056
Other operating charges
-€3,451
Financial income
+€26
Financial charges
+€699
Taxes
+€29,353
Result 2025
€4,548
raises the resultlowers the result
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.
From operations
+€280,166
Investment
-€57,036
Financing
-€84,641
Cash 2024
€29,527
From operations (derived)
+€280,166
Net result for the year
+€4,548
Depreciation
+€125,260
Receivables after one year
-€8,622
Receivables within one year
+€112,750
Deferred charges and accrued income
+€4,641
Trade debts
+€20,848
Tax, wage and social debts
-€8,889
Other debts
+€29,733
Accrued charges and deferred income
-€104
Investment (derived)
-€57,036
Investment in fixed assets (net)
-€57,036
Financing
-€84,641
Debts after one year
-€82,299
Current portion of long-term debt
-€2,338
Short-term financial debts
-€5
Cash 2025
€168,016
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,033,604 | €2,995,099 | -€38,505 | -1.3% |
| Fixed assets | 21/28 | €1,969,999 | €1,901,775 | -€68,224 | -3.5% |
| Tangible fixed assets | 22/27 | €1,960,179 | €1,891,955 | -€68,224 | -3.5% |
| Land and buildings | 22 | €1,757,548 | €1,652,935 | -€104,612 | -6.0% |
| Furniture and vehicles | 24 | €185,132 | €221,520 | +€36,388 | +19.7% |
| Other tangible fixed assets | 26 | €17,500 | €17,500 | = | 0.0% |
| Financial fixed assets | 28 | €9,820 | €9,820 | = | 0.0% |
| Current assets | 29/58 | €1,063,605 | €1,093,324 | +€29,720 | +2.8% |
| Amounts receivable after more than one year | 29 | €862,176 | €870,798 | +€8,622 | +1.0% |
| Other amounts receivable | 291 | €862,176 | €870,798 | +€8,622 | +1.0% |
| Amounts receivable within one year | 40/41 | €127,750 | €15,000 | -€112,750 | -88.3% |
| Trade receivables | 40 | €127,750 | €15,000 | -€112,750 | -88.3% |
| Cash at bank and in hand | 54/58 | €29,527 | €168,016 | +€138,489 | +469% |
| Deferred charges and accrued income | 490/1 | €44,152 | €39,510 | -€4,641 | -10.5% |
| Total equity and liabilities | 10/49 | €3,033,604 | €2,995,099 | -€38,505 | -1.3% |
| Equity | 10/15 | -€177,134 | -€172,586 | +€4,548 | +2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,653 | €16,653 | = | 0.0% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €15,853 | €15,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,787 | -€209,239 | +€4,548 | +2.1% |
| Amounts payable | 17/49 | €3,210,738 | €3,167,685 | -€43,053 | -1.3% |
| Amounts payable after more than one year | 17 | €1,317,188 | €1,234,889 | -€82,299 | -6.2% |
| Financial debts | 170/4 | €1,317,188 | €1,234,889 | -€82,299 | -6.2% |
| Amounts payable within one year | 42/48 | €1,889,996 | €1,929,347 | +€39,350 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €118,202 | €115,865 | -€2,338 | -2.0% |
| Financial debts | 43 | €5 | - | -€5 | |
| Credit institutions | 430/8 | €5 | - | -€5 | |
| Trade debts | 44 | €139,186 | €160,034 | +€20,848 | +15.0% |
| Suppliers | 440/4 | €139,186 | €160,034 | +€20,848 | +15.0% |
| Taxes, remuneration and social security | 45 | €24,864 | €15,975 | -€8,889 | -35.7% |
| Taxes | 450/3 | €24,864 | €15,975 | -€8,889 | -35.7% |
| Other amounts payable | 47/48 | €1,607,739 | €1,637,473 | +€29,733 | +1.8% |
| Accrued charges and deferred income | 492/3 | €3,553 | €3,449 | -€104 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,317 | €125,260 | -€16,056 | -11.4% |
| Other operating charges | 640/8 | €2,818 | €6,269 | +€3,451 | +122% |
| Gross operating margin | 9900 | €202,789 | €170,212 | -€32,578 | -16.1% |
| Operating profit (loss) | 9901 | €58,655 | €38,682 | -€19,973 | -34.1% |
| Financial income | 75/76B | €8,596 | €8,622 | +€26 | +0.3% |
| Recurring financial income | 75 | €8,596 | €8,622 | +€26 | +0.3% |
| Financial charges | 65/66B | €43,455 | €42,756 | -€699 | -1.6% |
| Recurring financial charges | 65 | €43,455 | €42,756 | -€699 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €23,796 | €4,548 | -€19,248 | -80.9% |
| Income taxes | 67/77 | €29,353 | - | -€29,353 | |
| Profit (loss) for the period | 9904 | -€5,557 | €4,548 | +€10,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,557 | €4,548 | +€10,105 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.