GVP 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.
GVP Consulting
Largest movements
- Receivables within one year +€432,629
up €432,629 (+34.7%), from €1.2m to €1.7m
of which Other amounts receivable: +€453,137
- Tangible fixed assets +€118,080
up €118,080 (+122%), from €96,833 to €214,913
of which Furniture and vehicles: +€118,086
- Cash -€115,230
down €115,230 (-22.5%), from €513,224 to €397,994
mainly Receivables within one year (-€432,629) and Contributions, distributions and other (-€185,703)
- Reserves +€490,505
up €490,505 (+27.1%), from €1.8m to €2.3m
of which Distributable reserves: +€490,505
- Other debts -€29,746
down €29,746 (-15.1%), from €197,420 to €167,674
- Depreciation +€39,553
up €39,553 (+316%), from €12,509 to €52,062
- Taxes +€25,896
up €25,896 (+8.3%), from €311,815 to €337,711
- Gross operating margin +€23,450
up €23,450 (+2.4%), from €981,560 to €1.0m
- Financial income +€22,779
up €22,779 (+52.8%), from €43,118 to €65,897
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 | €2,113,417 | €2,549,196 | +€435,779 | +20.6% |
| Fixed assets | 21/28 | €99,312 | €217,392 | +€118,080 | +119% |
| Tangible fixed assets | 22/27 | €96,833 | €214,913 | +€118,080 | +122% |
| Plant, machinery and equipment | 23 | €14,206 | €19,187 | +€4,981 | +35.1% |
| Furniture and vehicles | 24 | €49,960 | €168,046 | +€118,086 | +236% |
| Other tangible fixed assets | 26 | €32,667 | €27,680 | -€4,987 | -15.3% |
| Financial fixed assets | 28 | €2,479 | €2,479 | = | 0.0% |
| Current assets | 29/58 | €2,014,105 | €2,331,804 | +€317,699 | +15.8% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,247,513 | €1,680,143 | +€432,629 | +34.7% |
| Trade receivables | 40 | €20,507 | - | -€20,507 | |
| Other amounts receivable | 41 | €1,227,006 | €1,680,143 | +€453,137 | +36.9% |
| Cash at bank and in hand | 54/58 | €513,224 | €397,994 | -€115,230 | -22.5% |
| Deferred charges and accrued income | 490/1 | €3,368 | €3,667 | +€299 | +8.9% |
| Total equity and liabilities | 10/49 | €2,113,417 | €2,549,196 | +€435,779 | +20.6% |
| Equity | 10/15 | €1,820,878 | €2,311,383 | +€490,505 | +26.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,808,145 | €2,298,650 | +€490,505 | +27.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €92 | €92 | = | 0.0% |
| Distributable reserves | 133 | €1,806,193 | €2,296,698 | +€490,505 | +27.2% |
| Profit (loss) carried forward | 14 | €333 | €333 | = | 0.0% |
| Amounts payable | 17/49 | €292,539 | €237,813 | -€54,725 | -18.7% |
| Amounts payable within one year | 42/48 | €292,539 | €237,813 | -€54,725 | -18.7% |
| Trade debts | 44 | €19,331 | €5,893 | -€13,438 | -69.5% |
| Suppliers | 440/4 | €19,331 | €5,893 | -€13,438 | -69.5% |
| Taxes, remuneration and social security | 45 | €75,788 | €64,246 | -€11,541 | -15.2% |
| Taxes | 450/3 | €75,788 | €64,246 | -€11,541 | -15.2% |
| Other amounts payable | 47/48 | €197,420 | €167,674 | -€29,746 | -15.1% |
| Non-recurring operating income | 76A | - | €19,525 | +€19,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,509 | €52,062 | +€39,553 | +316% |
| Other operating charges | 640/8 | €2,606 | €4,371 | +€1,765 | +67.7% |
| Gross operating margin | 9900 | €981,560 | €1,005,010 | +€23,450 | +2.4% |
| Operating profit (loss) | 9901 | €966,445 | €948,577 | -€17,868 | -1.8% |
| Financial income | 75/76B | €43,118 | €65,897 | +€22,779 | +52.8% |
| Recurring financial income | 75 | €43,118 | €65,897 | +€22,779 | +52.8% |
| Financial charges | 65/66B | €1,234 | €556 | -€678 | -54.9% |
| Recurring financial charges | 65 | €1,234 | €556 | -€678 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €1,008,329 | €1,013,918 | +€5,589 | +0.6% |
| Income taxes | 67/77 | €311,815 | €337,711 | +€25,896 | +8.3% |
| Profit (loss) for the period | 9904 | €696,514 | €676,208 | -€20,307 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €696,514 | €676,208 | -€20,307 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.