GUAL 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.
GUAL CONSULT
Largest movements
- Receivables within one year -€134,937
down €134,937 (-78.6%), from €171,701 to €36,763
of which Other amounts receivable: -€89,148
- Tangible fixed assets -€38,661
down €38,661 (-5.0%), from €779,347 to €740,686
of which Land and buildings: -€23,163
- Cash -€37,928
down €37,928 (-30.9%), from €122,896 to €84,968
mainly Net result for the year (-€220,761) and Tax, wage and social debts (-€10,936)
- Profit (loss) carried forward -€220,761
new in 2025: -€220,761
- Trade debts +€19,788
up €19,788 (+609%), from €3,250 to €23,038
- Write-downs +€247,835
new in 2025: €247,835
- Gross operating margin -€149,739
down €149,739 (-54.9%), from €272,956 to €123,217
- Taxes -€46,667
down €46,667 (-99.2%), from €47,044 to €377
- Staff costs -€22,318
down €22,318 (-50.5%), from €44,161 to €21,843
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 | €1,350,386 | €1,138,477 | -€211,909 | -15.7% |
| Fixed assets | 21/28 | €783,125 | €744,464 | -€38,661 | -4.9% |
| Tangible fixed assets | 22/27 | €779,347 | €740,686 | -€38,661 | -5.0% |
| Land and buildings | 22 | €722,374 | €699,210 | -€23,163 | -3.2% |
| Plant, machinery and equipment | 23 | €2,217 | €750 | -€1,467 | -66.2% |
| Furniture and vehicles | 24 | €54,756 | €40,726 | -€14,030 | -25.6% |
| Financial fixed assets | 28 | €3,778 | €3,778 | = | 0.0% |
| Current assets | 29/58 | €567,261 | €394,013 | -€173,248 | -30.5% |
| Amounts receivable after more than one year | 29 | €260,000 | €260,000 | = | 0.0% |
| Other amounts receivable | 291 | €260,000 | €260,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €171,701 | €36,763 | -€134,937 | -78.6% |
| Trade receivables | 40 | €70,334 | €24,545 | -€45,789 | -65.1% |
| Other amounts receivable | 41 | €101,366 | €12,218 | -€89,148 | -87.9% |
| Cash at bank and in hand | 54/58 | €122,896 | €84,968 | -€37,928 | -30.9% |
| Deferred charges and accrued income | 490/1 | €12,665 | €12,282 | -€383 | -3.0% |
| Total equity and liabilities | 10/49 | €1,350,386 | €1,138,477 | -€211,909 | -15.7% |
| Equity | 10/15 | €374,788 | €154,027 | -€220,761 | -58.9% |
| Reserves | 13 | €374,788 | €374,788 | = | 0.0% |
| Distributable reserves | 133 | €374,788 | €374,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€220,761 | -€220,761 | |
| Amounts payable | 17/49 | €975,598 | €984,449 | +€8,852 | +0.9% |
| Amounts payable after more than one year | 17 | €949,000 | €949,000 | = | 0.0% |
| Financial debts | 170/4 | €949,000 | €949,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,598 | €35,449 | +€8,852 | +33.3% |
| Trade debts | 44 | €3,250 | €23,038 | +€19,788 | +609% |
| Suppliers | 440/4 | €3,250 | €23,038 | +€19,788 | +609% |
| Taxes, remuneration and social security | 45 | €23,348 | €12,411 | -€10,936 | -46.8% |
| Taxes | 450/3 | €15,229 | €10,178 | -€5,051 | -33.2% |
| Remuneration and social security | 454/9 | €8,119 | €2,234 | -€5,886 | -72.5% |
| Remuneration, social security and pensions | 62 | €44,161 | €21,843 | -€22,318 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,104 | €38,661 | -€1,443 | -3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €247,835 | +€247,835 | |
| Other operating charges | 640/8 | €2,764 | €2,787 | +€24 | +0.9% |
| Gross operating margin | 9900 | €272,956 | €123,217 | -€149,739 | -54.9% |
| Operating profit (loss) | 9901 | €185,928 | -€187,910 | -€373,838 | |
| Financial income | 75/76B | €8,599 | €8,009 | -€589 | -6.9% |
| Recurring financial income | 75 | €8,599 | €8,009 | -€589 | -6.9% |
| Financial charges | 65/66B | €40,487 | €40,484 | -€3 | 0.0% |
| Recurring financial charges | 65 | €40,487 | €40,484 | -€3 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €154,040 | -€220,385 | -€374,424 | |
| Income taxes | 67/77 | €47,044 | €377 | -€46,667 | -99.2% |
| Profit (loss) for the period | 9904 | €106,996 | -€220,761 | -€327,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €106,996 | -€220,761 | -€327,757 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.