GT 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.
GT CONSULT
Largest movements
- Tangible fixed assets -€16,434
down €16,434 (-4.8%), from €343,724 to €327,290
of which Land and buildings: -€17,944
- Cash +€13,251
up €13,251 (+1,177%), from €1,126 to €14,378
mainly Depreciation (+€20,463) and Net result for the year (+€19,370)
- Receivables within one year +€9,057
up €9,057 (+240%), from €3,767 to €12,825
of which Trade receivables: +€8,611
- Debts after one year -€25,675
down €25,675 (-10.4%), from €246,254 to €220,579
- Reserves +€19,370
up €19,370 (+73.9%), from €26,225 to €45,595
- Tax, wage and social debts +€5,683
up €5,683 (+66.0%), from €8,614 to €14,298
- Gross operating margin +€10,581
up €10,581 (+21.7%), from €48,826 to €59,407
- Taxes +€4,080
up €4,080 (+83.1%), from €4,911 to €8,991
- Financial charges -€858
down €858 (-12.0%), from €7,159 to €6,301
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 | €350,947 | €355,451 | +€4,505 | +1.3% |
| Formation expenses | 20 | €983 | €718 | -€265 | -26.9% |
| Fixed assets | 21/28 | €344,228 | €327,531 | -€16,698 | -4.9% |
| Intangible fixed assets | 21 | €505 | €241 | -€264 | -52.2% |
| Tangible fixed assets | 22/27 | €343,724 | €327,290 | -€16,434 | -4.8% |
| Land and buildings | 22 | €338,333 | €320,390 | -€17,944 | -5.3% |
| Plant, machinery and equipment | 23 | €647 | €461 | -€186 | -28.7% |
| Furniture and vehicles | 24 | €4,743 | €6,439 | +€1,696 | +35.7% |
| Current assets | 29/58 | €5,736 | €27,203 | +€21,467 | +374% |
| Amounts receivable within one year | 40/41 | €3,767 | €12,825 | +€9,057 | +240% |
| Trade receivables | 40 | €3,767 | €12,379 | +€8,611 | +229% |
| Other amounts receivable | 41 | - | €446 | +€446 | |
| Cash at bank and in hand | 54/58 | €1,126 | €14,378 | +€13,251 | +1,177% |
| Deferred charges and accrued income | 490/1 | €842 | €0 | -€842 | -100% |
| Total equity and liabilities | 10/49 | €350,947 | €355,451 | +€4,505 | +1.3% |
| Equity | 10/15 | €50,847 | €70,218 | +€19,370 | +38.1% |
| Contributions | 10/11 | €6,983 | €6,983 | = | 0.0% |
| Reserves | 13 | €26,225 | €45,595 | +€19,370 | +73.9% |
| Distributable reserves | 133 | €26,225 | €45,595 | +€19,370 | +73.9% |
| Profit (loss) carried forward | 14 | €17,639 | €17,639 | +€0 | 0.0% |
| Amounts payable | 17/49 | €300,099 | €285,234 | -€14,866 | -5.0% |
| Amounts payable after more than one year | 17 | €246,254 | €220,579 | -€25,675 | -10.4% |
| Financial debts | 170/4 | €246,254 | €220,579 | -€25,675 | -10.4% |
| Amounts payable within one year | 42/48 | €53,845 | €64,655 | +€10,810 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €25,226 | €25,675 | +€449 | +1.8% |
| Trade debts | 44 | €7,247 | €9,275 | +€2,028 | +28.0% |
| Suppliers | 440/4 | €7,247 | €9,275 | +€2,028 | +28.0% |
| Taxes, remuneration and social security | 45 | €8,614 | €14,298 | +€5,683 | +66.0% |
| Taxes | 450/3 | €8,614 | €14,298 | +€5,683 | +66.0% |
| Other amounts payable | 47/48 | €12,758 | €15,407 | +€2,649 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,820 | €20,463 | -€357 | -1.7% |
| Other operating charges | 640/8 | €4,494 | €4,282 | -€212 | -4.7% |
| Gross operating margin | 9900 | €48,826 | €59,407 | +€10,581 | +21.7% |
| Operating profit (loss) | 9901 | €23,512 | €34,663 | +€11,151 | +47.4% |
| Financial income | 75/76B | €30 | €0 | -€30 | -100% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -100% |
| Financial charges | 65/66B | €7,159 | €6,301 | -€858 | -12.0% |
| Recurring financial charges | 65 | €7,159 | €6,301 | -€858 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €16,383 | €28,361 | +€11,979 | +73.1% |
| Income taxes | 67/77 | €4,911 | €8,991 | +€4,080 | +83.1% |
| Profit (loss) for the period | 9904 | €11,472 | €19,370 | +€7,899 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,472 | €19,370 | +€7,899 | +68.9% |
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 19 October 2026 via checked.be.