GTCS 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.
GTCS Consult
Largest movements
- Receivables within one year +€30,420
up €30,420 (+87.1%), from €34,910 to €65,330
of which Other amounts receivable: +€35,067
- Tangible fixed assets +€10,628
up €10,628 (+41.4%), from €25,657 to €36,285
of which Furniture and vehicles: +€9,495
- Cash +€2,617
up €2,617 (+4.2%), from €62,721 to €65,338
mainly Net result for the year (+€85,710) and Other debts (+€50,710)
- Other debts +€50,710
up €50,710 (+145%), from €35,000 to €85,710
- Tax, wage and social debts -€13,316
down €13,316 (-82.9%), from €16,066 to €2,750
- Trade debts +€5,858
up €5,858 (+169%), from €3,457 to €9,316
- Gross operating margin +€12,958
up €12,958 (+11.3%), from €114,649 to €127,607
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 | €124,669 | €167,921 | +€43,252 | +34.7% |
| Fixed assets | 21/28 | €25,657 | €36,285 | +€10,628 | +41.4% |
| Tangible fixed assets | 22/27 | €25,657 | €36,285 | +€10,628 | +41.4% |
| Plant, machinery and equipment | 23 | €1,340 | €2,473 | +€1,133 | +84.5% |
| Furniture and vehicles | 24 | €24,317 | €33,812 | +€9,495 | +39.0% |
| Current assets | 29/58 | €99,012 | €131,636 | +€32,624 | +32.9% |
| Amounts receivable within one year | 40/41 | €34,910 | €65,330 | +€30,420 | +87.1% |
| Trade receivables | 40 | €4,648 | - | -€4,648 | |
| Other amounts receivable | 41 | €30,262 | €65,330 | +€35,067 | +116% |
| Cash at bank and in hand | 54/58 | €62,721 | €65,338 | +€2,617 | +4.2% |
| Deferred charges and accrued income | 490/1 | €1,381 | €968 | -€413 | -29.9% |
| Total equity and liabilities | 10/49 | €124,669 | €167,921 | +€43,252 | +34.7% |
| Equity | 10/15 | €70,145 | €70,145 | = | 0.0% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €1,250 | €1,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,695 | €68,695 | = | 0.0% |
| Amounts payable | 17/49 | €54,524 | €97,776 | +€43,252 | +79.3% |
| Amounts payable within one year | 42/48 | €54,524 | €97,776 | +€43,252 | +79.3% |
| Trade debts | 44 | €3,457 | €9,316 | +€5,858 | +169% |
| Suppliers | 440/4 | €3,457 | €9,316 | +€5,858 | +169% |
| Taxes, remuneration and social security | 45 | €16,066 | €2,750 | -€13,316 | -82.9% |
| Taxes | 450/3 | €16,066 | €2,750 | -€13,316 | -82.9% |
| Other amounts payable | 47/48 | €35,000 | €85,710 | +€50,710 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,192 | €8,069 | -€1,123 | -12.2% |
| Other operating charges | 640/8 | €1,131 | €1,194 | +€63 | +5.6% |
| Non-recurring operating charges | 66A | - | €5,088 | +€5,088 | |
| Gross operating margin | 9900 | €114,649 | €127,607 | +€12,958 | +11.3% |
| Operating profit (loss) | 9901 | €104,326 | €113,256 | +€8,930 | +8.6% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €163 | €510 | +€347 | +213% |
| Recurring financial charges | 65 | €163 | €510 | +€347 | +213% |
| Profit (loss) for the period before taxes | 9903 | €104,183 | €112,745 | +€8,563 | +8.2% |
| Income taxes | 67/77 | €27,242 | €27,035 | -€207 | -0.8% |
| Profit (loss) for the period | 9904 | €76,941 | €85,710 | +€8,769 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,941 | €85,710 | +€8,769 | +11.4% |
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 20 October 2026 via checked.be.