GC2M 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.
GC2M Consulting
Largest movements
- Cash -€104,227
down €104,227 (-32.3%), from €322,334 to €218,106
mainly Contributions, distributions and other (-€107,000) and Tax, wage and social debts (-€73,352)
- Receivables within one year -€21,066
down €21,066 (-22.6%), from €93,271 to €72,205
of which Trade receivables: -€21,681
- Deferred charges and accrued income +€4,782
new in 2025: €4,782
- Tax, wage and social debts -€73,352
down €73,352 (-88.3%), from €83,046 to €9,694
- Other debts -€38,984
down €38,984 (-17.5%), from €222,471 to €183,487
- Reserves -€7,000
down €7,000 (-6.5%), from €107,000 to €100,000
- Gross operating margin -€8,058
down €8,058 (-5.7%), from €141,181 to €133,123
- Taxes -€1,999
down €1,999 (-6.4%), from €31,383 to €29,385
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 | €419,719 | €299,049 | -€120,669 | -28.8% |
| Fixed assets | 21/28 | €4,114 | €3,956 | -€158 | -3.8% |
| Tangible fixed assets | 22/27 | €4,114 | €3,956 | -€158 | -3.8% |
| Furniture and vehicles | 24 | €4,114 | €3,956 | -€158 | -3.8% |
| Current assets | 29/58 | €415,605 | €295,093 | -€120,512 | -29.0% |
| Amounts receivable within one year | 40/41 | €93,271 | €72,205 | -€21,066 | -22.6% |
| Trade receivables | 40 | €93,271 | €71,590 | -€21,681 | -23.2% |
| Other amounts receivable | 41 | - | €615 | +€615 | |
| Cash at bank and in hand | 54/58 | €322,334 | €218,106 | -€104,227 | -32.3% |
| Deferred charges and accrued income | 490/1 | - | €4,782 | +€4,782 | |
| Total equity and liabilities | 10/49 | €419,719 | €299,049 | -€120,669 | -28.8% |
| Equity | 10/15 | €110,185 | €103,343 | -€6,842 | -6.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €107,000 | €100,000 | -€7,000 | -6.5% |
| Distributable reserves | 133 | €107,000 | €100,000 | -€7,000 | -6.5% |
| Profit (loss) carried forward | 14 | €185 | €343 | +€158 | +85.2% |
| Amounts payable | 17/49 | €309,533 | €195,706 | -€113,827 | -36.8% |
| Amounts payable within one year | 42/48 | €309,533 | €195,706 | -€113,827 | -36.8% |
| Trade debts | 44 | €4,016 | €2,525 | -€1,491 | -37.1% |
| Suppliers | 440/4 | €4,016 | €2,525 | -€1,491 | -37.1% |
| Taxes, remuneration and social security | 45 | €83,046 | €9,694 | -€73,352 | -88.3% |
| Taxes | 450/3 | €83,046 | €9,694 | -€73,352 | -88.3% |
| Other amounts payable | 47/48 | €222,471 | €183,487 | -€38,984 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,488 | €1,630 | +€142 | +9.6% |
| Other operating charges | 640/8 | €1,425 | €1,275 | -€150 | -10.5% |
| Gross operating margin | 9900 | €141,181 | €133,123 | -€8,058 | -5.7% |
| Operating profit (loss) | 9901 | €138,268 | €130,218 | -€8,050 | -5.8% |
| Financial income | 75/76B | €1,100 | - | -€1,100 | |
| Recurring financial income | 75 | €1,100 | - | -€1,100 | |
| Financial charges | 65/66B | €1,733 | €675 | -€1,058 | -61.1% |
| Recurring financial charges | 65 | €608 | €675 | +€67 | +11.0% |
| Non-recurring financial charges | 66B | €1,125 | - | -€1,125 | |
| Profit (loss) for the period before taxes | 9903 | €137,634 | €129,543 | -€8,092 | -5.9% |
| Income taxes | 67/77 | €31,383 | €29,385 | -€1,999 | -6.4% |
| Profit (loss) for the period | 9904 | €106,251 | €100,158 | -€6,093 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €106,251 | €100,158 | -€6,093 | -5.7% |
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 20 October 2026 via checked.be.