DADES GMP ADVISORY: 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.
DADES GMP ADVISORY
Largest movements
- Cash +€111,851
up €111,851 (+138%), from €80,976 to €192,827
mainly Net result for the year (+€145,229) and Tax, wage and social debts (+€42,926)
- Current investments +€76,688
up €76,688 (+95.8%), from €80,029 to €156,716
- Receivables within one year -€4,138
down €4,138 (-11.9%), from €34,715 to €30,577
of which Trade receivables: -€2,813
- Reserves +€145,229
up €145,229 (+123%), from €117,858 to €263,087
- Tax, wage and social debts +€42,926
up €42,926 (+121%), from €35,336 to €78,262
- Gross operating margin +€36,933
up €36,933 (+24.3%), from €152,137 to €189,071
- Taxes +€10,013
up €10,013 (+30.3%), from €33,038 to €43,051
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 | €195,719 | €383,156 | +€187,436 | +95.8% |
| Fixed assets | 21/28 | - | €3,035 | +€3,035 | |
| Tangible fixed assets | 22/27 | - | €3,035 | +€3,035 | |
| Furniture and vehicles | 24 | - | €3,035 | +€3,035 | |
| Current assets | 29/58 | €195,719 | €380,121 | +€184,401 | +94.2% |
| Amounts receivable within one year | 40/41 | €34,715 | €30,577 | -€4,138 | -11.9% |
| Trade receivables | 40 | €32,914 | €30,101 | -€2,813 | -8.5% |
| Other amounts receivable | 41 | €1,801 | €477 | -€1,325 | -73.5% |
| Current investments | 50/53 | €80,029 | €156,716 | +€76,688 | +95.8% |
| Cash at bank and in hand | 54/58 | €80,976 | €192,827 | +€111,851 | +138% |
| Total equity and liabilities | 10/49 | €195,719 | €383,156 | +€187,436 | +95.8% |
| Equity | 10/15 | €120,858 | €266,087 | +€145,229 | +120% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €117,858 | €263,087 | +€145,229 | +123% |
| Distributable reserves | 133 | €117,858 | €263,087 | +€145,229 | +123% |
| Amounts payable | 17/49 | €74,861 | €117,069 | +€42,208 | +56.4% |
| Amounts payable within one year | 42/48 | €74,670 | €116,868 | +€42,199 | +56.5% |
| Trade debts | 44 | €2,695 | €1,134 | -€1,561 | -57.9% |
| Suppliers | 440/4 | €2,695 | €1,134 | -€1,561 | -57.9% |
| Taxes, remuneration and social security | 45 | €35,336 | €78,262 | +€42,926 | +121% |
| Taxes | 450/3 | €35,336 | €78,262 | +€42,926 | +121% |
| Other amounts payable | 47/48 | €36,638 | €37,472 | +€834 | +2.3% |
| Accrued charges and deferred income | 492/3 | €191 | €201 | +€9 | +4.7% |
| Remuneration, social security and pensions | 62 | €252 | €195 | -€57 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €242 | +€242 | |
| Other operating charges | 640/8 | €664 | €379 | -€285 | -42.9% |
| Gross operating margin | 9900 | €152,137 | €189,071 | +€36,933 | +24.3% |
| Operating profit (loss) | 9901 | €151,222 | €188,255 | +€37,033 | +24.5% |
| Financial income | 75/76B | €72 | €1,769 | +€1,698 | +2,364% |
| Recurring financial income | 75 | €72 | €1,769 | +€1,698 | +2,364% |
| Financial charges | 65/66B | €397 | €1,744 | +€1,347 | +339% |
| Recurring financial charges | 65 | €397 | €1,744 | +€1,347 | +339% |
| Profit (loss) for the period before taxes | 9903 | €150,897 | €188,280 | +€37,384 | +24.8% |
| Income taxes | 67/77 | €33,038 | €43,051 | +€10,013 | +30.3% |
| Profit (loss) for the period | 9904 | €117,858 | €145,229 | +€27,370 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €117,858 | €145,229 | +€27,370 | +23.2% |
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 26 October 2026 via checked.be.