GTS 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.
GTS CONSULTING
Largest movements
- Cash +€88,836
up €88,836 (+1,279%), from €6,948 to €95,784
mainly Net result for the year (+€60,129) and Provisions (+€36,054)
- Receivables within one year +€32,150
up €32,150 (+132%), from €24,403 to €56,552
of which Trade receivables: +€29,892
- Tangible fixed assets +€25,876
new in 2025: €25,876
- Profit (loss) carried forward +€60,129
up €60,129 (+972%), from €6,188 to €66,318
- Provisions +€36,054
new in 2025: €36,054
- Tax, wage and social debts +€34,319
up €34,319 (+345%), from €9,945 to €44,263
- Debts after one year +€17,437
new in 2025: €17,437
- Other debts -€6,401
down €6,401 (-61.5%), from €10,415 to €4,014
- Gross operating margin +€121,378
up €121,378 (+1,359%), from €8,934 to €130,312
- Provisions +€36,054
new in 2025: €36,054
- Taxes +€24,262
up €24,262 (+1,075%), from €2,258 to €26,520
- Depreciation +€5,290
new in 2025: €5,290
- Staff costs +€1,442
new in 2025: €1,442
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 | €31,549 | €178,212 | +€146,663 | +465% |
| Fixed assets | 21/28 | - | €25,876 | +€25,876 | |
| Tangible fixed assets | 22/27 | - | €25,876 | +€25,876 | |
| Furniture and vehicles | 24 | - | €25,876 | +€25,876 | |
| Current assets | 29/58 | €31,549 | €152,336 | +€120,788 | +383% |
| Amounts receivable within one year | 40/41 | €24,403 | €56,552 | +€32,150 | +132% |
| Trade receivables | 40 | €24,403 | €54,295 | +€29,892 | +122% |
| Other amounts receivable | 41 | - | €2,258 | +€2,258 | |
| Cash at bank and in hand | 54/58 | €6,948 | €95,784 | +€88,836 | +1,279% |
| Deferred charges and accrued income | 490/1 | €198 | - | -€198 | |
| Total equity and liabilities | 10/49 | €31,549 | €178,212 | +€146,663 | +465% |
| Equity | 10/15 | €11,188 | €71,318 | +€60,129 | +537% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,188 | €66,318 | +€60,129 | +972% |
| Provisions and deferred taxes | 16 | - | €36,054 | +€36,054 | |
| Provisions for liabilities and charges | 160/5 | - | €36,054 | +€36,054 | |
| Other liabilities and charges | 164/5 | - | €36,054 | +€36,054 | |
| Amounts payable | 17/49 | €20,360 | €70,839 | +€50,479 | +248% |
| Amounts payable after more than one year | 17 | - | €17,437 | +€17,437 | |
| Financial debts | 170/4 | - | €17,437 | +€17,437 | |
| Amounts payable within one year | 42/48 | €20,360 | €53,402 | +€33,042 | +162% |
| Current portion of amounts payable after more than one year | 42 | - | €5,125 | +€5,125 | |
| Taxes, remuneration and social security | 45 | €9,945 | €44,263 | +€34,319 | +345% |
| Taxes | 450/3 | €9,945 | €44,263 | +€34,319 | +345% |
| Other amounts payable | 47/48 | €10,415 | €4,014 | -€6,401 | -61.5% |
| Remuneration, social security and pensions | 62 | - | €1,442 | +€1,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,290 | +€5,290 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €36,054 | +€36,054 | |
| Other operating charges | 640/8 | €387 | €106 | -€281 | -72.6% |
| Gross operating margin | 9900 | €8,934 | €130,312 | +€121,378 | +1,359% |
| Operating profit (loss) | 9901 | €8,546 | €87,419 | +€78,873 | +923% |
| Financial charges | 65/66B | €100 | €770 | +€670 | +672% |
| Recurring financial charges | 65 | €100 | €770 | +€670 | +672% |
| Profit (loss) for the period before taxes | 9903 | €8,446 | €86,649 | +€78,203 | +926% |
| Income taxes | 67/77 | €2,258 | €26,520 | +€24,262 | +1,075% |
| Profit (loss) for the period | 9904 | €6,188 | €60,129 | +€53,941 | +872% |
| Profit (loss) for the period to be appropriated | 9905 | €6,188 | €60,129 | +€53,941 | +872% |
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 28 October 2026 via checked.be.