G&M 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.
G&M Consulting
Largest movements
- Receivables within one year +€62,747
up €62,747 (+68.0%), from €92,335 to €155,082
of which Other amounts receivable: +€62,471
- Cash -€21,521
down €21,521 (-57.2%), from €37,632 to €16,111
mainly Receivables within one year (-€62,747) and Contributions, distributions and other (-€37,152)
- Tangible fixed assets -€4,931
down €4,931 (-31.2%), from €15,798 to €10,867
- Other debts +€17,652
up €17,652 (+90.5%), from €19,500 to €37,152
- Profit (loss) carried forward +€14,167
up €14,167 (+17.3%), from €82,071 to €96,238
- Tax, wage and social debts +€7,412
up €7,412 (+20.6%), from €36,042 to €43,454
- Trade debts -€2,733
down €2,733 (-25.3%), from €10,792 to €8,059
- Gross operating margin +€21,687
up €21,687 (+39.2%), from €55,279 to €76,966
- Taxes +€5,253
up €5,253 (+41.0%), from €12,811 to €18,064
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 | €156,465 | €192,963 | +€36,498 | +23.3% |
| Fixed assets | 21/28 | €26,498 | €21,567 | -€4,931 | -18.6% |
| Tangible fixed assets | 22/27 | €15,798 | €10,867 | -€4,931 | -31.2% |
| Plant, machinery and equipment | 23 | €15,798 | €10,867 | -€4,931 | -31.2% |
| Financial fixed assets | 28 | €10,700 | €10,700 | = | 0.0% |
| Current assets | 29/58 | €129,967 | €171,396 | +€41,429 | +31.9% |
| Amounts receivable within one year | 40/41 | €92,335 | €155,082 | +€62,747 | +68.0% |
| Trade receivables | 40 | €78,800 | €79,076 | +€276 | +0.4% |
| Other amounts receivable | 41 | €13,535 | €76,006 | +€62,471 | +462% |
| Cash at bank and in hand | 54/58 | €37,632 | €16,111 | -€21,521 | -57.2% |
| Deferred charges and accrued income | 490/1 | - | €203 | +€203 | |
| Total equity and liabilities | 10/49 | €156,465 | €192,963 | +€36,498 | +23.3% |
| Equity | 10/15 | €90,131 | €104,298 | +€14,167 | +15.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,071 | €96,238 | +€14,167 | +17.3% |
| Amounts payable | 17/49 | €66,334 | €88,665 | +€22,331 | +33.7% |
| Amounts payable within one year | 42/48 | €66,334 | €88,665 | +€22,331 | +33.7% |
| Trade debts | 44 | €10,792 | €8,059 | -€2,733 | -25.3% |
| Suppliers | 440/4 | €10,792 | €8,059 | -€2,733 | -25.3% |
| Taxes, remuneration and social security | 45 | €36,042 | €43,454 | +€7,412 | +20.6% |
| Taxes | 450/3 | €36,042 | €43,454 | +€7,412 | +20.6% |
| Other amounts payable | 47/48 | €19,500 | €37,152 | +€17,652 | +90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,681 | €4,931 | +€250 | +5.3% |
| Other operating charges | 640/8 | €1,577 | €1,968 | +€391 | +24.8% |
| Non-recurring operating charges | 66A | €393 | - | -€393 | |
| Gross operating margin | 9900 | €55,279 | €76,966 | +€21,687 | +39.2% |
| Operating profit (loss) | 9901 | €48,628 | €70,067 | +€21,438 | +44.1% |
| Financial income | 75/76B | €1,359 | €1,976 | +€618 | +45.5% |
| Recurring financial income | 75 | €1,359 | €1,976 | +€618 | +45.5% |
| Financial charges | 65/66B | €2,171 | €2,660 | +€489 | +22.5% |
| Recurring financial charges | 65 | €2,171 | €2,660 | +€489 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €47,816 | €69,383 | +€21,567 | +45.1% |
| Income taxes | 67/77 | €12,811 | €18,064 | +€5,253 | +41.0% |
| Profit (loss) for the period | 9904 | €35,005 | €51,319 | +€16,314 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,005 | €51,319 | +€16,314 | +46.6% |
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 27 October 2026 via checked.be.