GWS 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.
GWS Consulting
Largest movements
- Cash +€121,508
up €121,508 (+175%), from €69,494 to €191,002
mainly Net result for the year (+€189,187) and Other debts (+€73,980)
- Financial fixed assets +€47,501
up €47,501 (+20.3%), from €234,000 to €281,501
- Receivables within one year +€44,468
up €44,468 (+418%), from €10,648 to €55,116
of which Other amounts receivable: +€35,000
- Current investments +€10,008
up €10,008 (+50.0%), from €20,000 to €30,008
- Receivables after one year +€10,000
up €10,000 (+200%), from €5,000 to €15,000
- Reserves +€100,000
up €100,000 (+57.7%), from €173,250 to €273,250
- Other debts +€73,980
up €73,980 (+420%), from €17,623 to €91,603
- Debts after one year +€36,667
up €36,667 (+36.9%), from €99,300 to €135,967
- Tax, wage and social debts +€10,988
up €10,988 (+74.9%), from €14,675 to €25,663
- Current portion of long-term debt +€9,500
up €9,500 (+31.7%), from €30,000 to €39,500
- Financial income +€89,233
new in 2025: €89,233
- Gross operating margin +€54,560
up €54,560 (+63.3%), from €86,193 to €140,753
- Taxes +€14,490
up €14,490 (+83.7%), from €17,302 to €31,792
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 | €339,142 | €572,626 | +€233,485 | +68.8% |
| Fixed assets | 21/28 | €234,000 | €281,501 | +€47,501 | +20.3% |
| Financial fixed assets | 28 | €234,000 | €281,501 | +€47,501 | +20.3% |
| Current assets | 29/58 | €105,142 | €291,125 | +€185,984 | +177% |
| Amounts receivable after more than one year | 29 | €5,000 | €15,000 | +€10,000 | +200% |
| Other amounts receivable | 291 | €5,000 | €15,000 | +€10,000 | +200% |
| Amounts receivable within one year | 40/41 | €10,648 | €55,116 | +€44,468 | +418% |
| Trade receivables | 40 | €10,648 | €20,116 | +€9,468 | +88.9% |
| Other amounts receivable | 41 | €0 | €35,000 | +€35,000 | |
| Current investments | 50/53 | €20,000 | €30,008 | +€10,008 | +50.0% |
| Cash at bank and in hand | 54/58 | €69,494 | €191,002 | +€121,508 | +175% |
| Total equity and liabilities | 10/49 | €339,142 | €572,626 | +€233,485 | +68.8% |
| Equity | 10/15 | €175,000 | €275,000 | +€100,000 | +57.1% |
| Contributions | 10/11 | €1,750 | €1,750 | = | 0.0% |
| Reserves | 13 | €173,250 | €273,250 | +€100,000 | +57.7% |
| Distributable reserves | 133 | €173,250 | €273,250 | +€100,000 | +57.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,142 | €297,626 | +€133,485 | +81.3% |
| Amounts payable after more than one year | 17 | €99,300 | €135,967 | +€36,667 | +36.9% |
| Financial debts | 170/4 | €99,300 | €135,967 | +€36,667 | +36.9% |
| Amounts payable within one year | 42/48 | €63,852 | €160,433 | +€96,581 | +151% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €39,500 | +€9,500 | +31.7% |
| Trade debts | 44 | €1,554 | €3,667 | +€2,114 | +136% |
| Suppliers | 440/4 | €1,554 | €3,667 | +€2,114 | +136% |
| Taxes, remuneration and social security | 45 | €14,675 | €25,663 | +€10,988 | +74.9% |
| Taxes | 450/3 | €14,675 | €25,663 | +€10,988 | +74.9% |
| Other amounts payable | 47/48 | €17,623 | €91,603 | +€73,980 | +420% |
| Accrued charges and deferred income | 492/3 | €990 | €1,227 | +€237 | +23.9% |
| Other operating charges | 640/8 | €931 | €953 | +€23 | +2.4% |
| Gross operating margin | 9900 | €86,193 | €140,753 | +€54,560 | +63.3% |
| Operating profit (loss) | 9901 | €85,262 | €139,800 | +€54,538 | +64.0% |
| Financial income | 75/76B | - | €89,233 | +€89,233 | |
| Recurring financial income | 75 | - | €89,233 | +€89,233 | |
| Financial charges | 65/66B | €8,098 | €8,054 | -€44 | -0.5% |
| Recurring financial charges | 65 | €8,098 | €8,054 | -€44 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €77,164 | €220,979 | +€143,815 | +186% |
| Income taxes | 67/77 | €17,302 | €31,792 | +€14,490 | +83.7% |
| Profit (loss) for the period | 9904 | €59,862 | €189,187 | +€129,325 | +216% |
| Profit (loss) for the period to be appropriated | 9905 | €59,862 | €189,187 | +€129,325 | +216% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.